VMIA helps the Victorian Government and related organisations to manage risk.
What is risk?
In our context, risk is anything that can impact the State’s assets, services or people. These can be framed as negative such as threats to operations, or positive when situations provide opportunity.
Risk is an inherent part of service delivery — it’s impossible to operate in a risk free environment. But risks can be managed.
What is risk management?
Risk management is a broad process that manages the effects of risk within an organisation. The process is used to identify, analyse, evaluate, treat, and monitor risks.
Effective risk management is regarded as essential for developing and delivering quality services. This ensures that the State’s assets and services are protected and available for Victorians.
VMIA can provide you with services and advice to enhance your organisation’s risk management maturity. We are guided by the Victorian Government’s Risk Management Framework.
More information
We offer a range of risk management services, tools and templates, and publications. For more information, email risk.info@vmia.vic.gov.au to contact our Risk Management Team.