Managing risk across the public sector
Overview
This better practice guide was tabled on 30 June 2004.
The document on this page is historical only and does not represent current better practice.
This guide has been developed to help public sector organisations develop better practice risk management frameworks and strategies. The business of government is increasingly more complex. The boundaries between the public, private and community sectors are ever more porous, and policies that demand whole-of-government approaches are more and more common. Public sector organisations must manage not only their own risks, but also the risks that come with joined-up government and inter-agency partnerships. Managing this complexity involves managing increasingly complex risks. This highlights the importance of an appropriate and effectively implemented risk management framework to guard an agency against threats to its performance. Such a framework should also assist organisations to take advantage of opportunities to manage their businesses better.