Conducted at Board and Senior Management levels, risk analysis and assessments are generally highly mathematical and academic, often resulting in outputs that, due to their complexity, are difficult to use.
Workplace Safety Australia conducts Enterprise Risk assessments at Board and Senior Management levels using a Semi Quantitative workshop process. This workshop based process enables the knowledge inherent within client organisations to be easily extracted and combined with ‘hard’ historical and scientific data. Data is applied to a purpose designed risk model that performs the analysis in a highly systematic, disciplined and auditable way.
The resulting output is useable, easy to understand, and can be updated when new information becomes available.