Risk management
Risk management involves the identification, measurement, control and minimisation of risks within your organisation. It is a process that requires ongoing monitoring and evaluation. The purpose of risk management is to make the museum, gallery or keeping place a safe place to work in and visit. It is an essential decision-making tool for managing risks to health, the environment and the collections.
Risk management is used in preparing:
- Risk management plans for school excursions
- Disaster response and recovery plans
- Business continuity plans
- Security strategies
- Hazard management plans
- Building maintenance plans
- Preservation plans
Areas of museum practice that involve risk can be considered under the following categories:
- Injury
- Financial loss/fraud
- Collection
- Work capability
- Reputation
Volunteering Australia has prepared an excellent publication, Running the Risk? Risk Management Tool for Volunteer Involving Organisations, which can be downloaded from their website at:
You might also like …
Susanna Hillhouse, Assess and manage risk in collections care, Norfolk Museum and Archaeology Service, 2012
https://collectionstrust.org.uk/resource/assess-and-manage-risk-in-collections-care/www.sharemuseumseast.org.uk
Safe Work Australia, Managing Risks to Health and Safety at the Workplace, 2012
https://www.safeworkaustralia.gov.au/safety-topic/managing-health-and-safety/identify-assess-and-control-hazards/managing-risks
Good not-for-profit risk management will be rewarded – Institute of Community Directors Australia
https://www.communitydirectors.com.au/articles/good-not-for-profit-risk-management-will-be-rewarded
Volunteering Australia, Running the Risk? Risk Management Tool for Volunteer Involving Organisations
https://volunteeringaustralia.org/wp-content/files_mf/1377053059VAManagersrunningtherisk.pdf