Guidelines for managing risk in the Australian Public Service : exposure draft.

"Joint publication of the Management Advisory Board and its Management Improvement Advisory Committee"--Cover

Bibliography: p. 40-41

Cover title: Managing risk : guidelines for managing risk in the Australian Public Service : exposure draft

Includes glossary

Introduction; The need to manage risk; Managing risk in the Australian Public Service; The process of managing risk; Implementing a corporate program for managing risk; Conclusion

The Management Advisory Board (MAB) and the Management Improvement Advisory Committee (MIAC), are together responsible for advising the Government on significant public management issues. The board and the Advisory Committee identified "the need for greater recognition of the place of risk management in maximising program effectiveness" as an important issue in the ongoing Australian Public Service (APS) reform program. The reforms are aimed at benefiting the community through efficient and effective delivery of government programs. Features of the recent reforms, such as increased devolution of responsibility, greater flexibility, a focus on results, and accountability, have provided the broad administrative framework for further improvements to occur. This framework, combined with a general environment of continuous change and of limited resources, makes management of risk an important issue for consideration