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Overview

Defining your risk appetite and sharing your risk appetite statement with decision makers across the organisation, sends a clear signal and aligned approach to decision makers about how much risk they may take, and create, in carrying out the functions and activities of the organisation.

As public sector organisations, we need to define our risk appetite in accordance with the mandatory requirements of the Victorian Government Risk Management Framework. This session will explore key concepts and the value of defining your risk appetite, with advice on how to articulate risk appetite statements.

Learning outcomes

By the end of this workshop, you’ll be able to:

  • explore the concepts and value of risk appetite
  • explore different strategies to define risk appetite
  • advise on how to articulate a risk appetite statement.

Audience

This session is designed for Victorian Government and community services organisations. This workshop is also relevant to non-risk professionals and is suited to managers and leaders who require a fundamental understanding of risk appetite.

What's next

Register by selecting for your preferred date in the side panel. If none of the featured sessions suit, submit your expression of interest to be the first to know when new sessions are available. If you have any questions or need some assistance, please reach out to clientlearning@vmia.vic.gov.au.

If none of the featured sessions suit, submit your expression of interest to be the first to know when new sessions are available. If you have any questions or need some assistance, please reach out to clientlearning@vmia.vic.gov.au.