SD BSBRKG601 Risk Assessment Template
SD BSBRKG601 Risk Assessment Template
SD BSBRKG601 Risk Assessment Template
RISK ASSESSMENT
RISK CONSEQUENCE
MEASURE DESCRIPTION
Operational performance would be compromised to the extent that the water authority is unable to
Extreme meet obligations and liabilities in core areas
The water authority would:
o be dysfunctional
o incure major financial loss
o would not be able to meet reporting requirements
o may not be able to recover
Public health may face life-threatening consequences and on-going disruption of water and or sewer
supply
Major adverse repercussions with stakeholders such as Councils, State Government and the serviceable
public
Operational performance of one or more business areas or functions would be severely affected
Very High The Water Authority would not be able to meet it all of its obligations and liabilities
The water authority would not be able to meet major reporting requirements
Recovering from the consequences would be costly and time consuming
Public health would be severely affected
Public reaction would result in permanent reputation damage and major disruption to water and or
sewer supply
Stakeholders would be unable to pursue their rights and entitlements
Operational performance would be compromised and revised planning would be required to overcome
Medium the situation to the business areas or functions
The water authority would experience difficulty in complying with reporting requirements
Recovery would be gradual and require detailed planning
Stakeholders would experience considerable difficulty in pursing rights and entitlements
Considerable adverse public reaction and some disruption to water and or sewer supply.
RISK LIKELIHOOD
MEASURE DESCRIPTION
Highly likely Is expected to occur in most situations
Likely Will probably occur in most situations
Possible Might occur at some time
Unlikely Could occur at some time
Rare May occur in exceptional situations
RISK ASSESSMENT REGISTER
Priority Rating
Potential Risk Consequences
Risk Description Likelihood Potential Impact Level of risk (order to
Control Rating
implement)
For example: Possible If records are not able to Procedure and written Medium Significant A number from 1 to X
There is a high possibility be produced with the instruction developed
that a customer's fees The situation may arise Right to Information Act immediately Consequences may be
and charges will become in the next 12 months 2009 the water authority managed by
the subject of scrutiny will face financial Staff trained in their implementing
through the Right to penalty responsibilities in both recordkeeping controls
Information procedure recordkeeping and right as suggested
The failure to produce to information practices
documents will result
loss of stakeholder Regular internal desk
confidence and public audits to be scheduled
reputation