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

You might also like …

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:

www.volunteeringaustralia.org

Susanna Hillhouse, Assess and manage risk in collections care, Norfolk Museum and Archaeology Service, 2012

www.sharemuseumseast.org.uk

Risk Awareness Profiling Tool (RAPT)

www.raptonline.org.uk

Safe Work Australia, Managing Risks to Health and Safety at the Workplace, 2012

www.safeworkaustralia.gov.au