Risk Management Plan

Risk Management Plan

Introduction

The purpose of this document is to provide a management framework for managing the risks associated with the operations of Company.

This document achieves this by defining:

• the process taken to identify, analyse and evaluate hazards and the risks they present;

• how risk mitigation strategies will be developed and deployed to reduce the likelihood and/or impact of risks;

• how often hazards and risks will be reviewed, the process for review and who will be involved;

• roles and responsibilities for risk management;

• how risk status, and changes to risk status, will be reported;

• a Risk Register containing all identified hazards and risks, their current gradings and the risk mitigation strategies identified to reduce the likelihood and seriousness of each hazard.

This Risk Management Plan will be available for inspection by all relevant persons, including visitors, direct relevant workers, contractors, relevant workers of contractors and government appointed inspectors. The plan will be monitored and updated as required, and the most current copy kept on site.

Where required, the process of risk identification, assessment and the development of control measures will involve consultation with management representatives, OHS representatives, other relevant stakeholders and workers.