Decision - Risk Management Strategy 2014 - 2017
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Decision details
Risk Management Strategy 2014 - 2017
Decision Maker: Policy & Resources Committee (pre 2015), Audit & Standards Committee
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
To seek approval for the city council's risk
management strategy for the identification and managmeent of
business risks, the methodology to be used and an annual programme
of risk management activity
Decision:
(1) That the Risk Management Strategy 2014 – 2017 (Appendix 1); and the Risk Management Programme by year (Appendix 2) be approved;
(2) That the Executive Director, Finance & Resources be delegated authority to alter the risk management process (which is published on the intranet ‘the Wave’) as necessary so that it is kept up to date with changing requirements and best practice;
(3) That it be noted that any changes made to the risk management process will be reported as part of the risk management annual progress report to the Audit & Standards Committee;
(4) That it be noted that the Audit & Standards Committee will monitor the performance and progress in the implementation of the Risk Management Strategy over the next three years.
Report author: Jackie Algar
Publication date: 09/04/2014
Date of decision: 20/03/2014
Decided at meeting: 20/03/2014 - Policy & Resources Committee (pre 2015)
Effective from: 04/04/2014
Accompanying Documents: