Describe The Organization s Current Risk Management Policies

†¢ describe the organisation’s current risk management policies, procedures and processes and comment on the strengths and weaknesses of these arrangements As a Person Conducting a Business or Undertaking (PCBU) or responsible contractor, you are required by law to provide a safe system of work. This means you need a method of communicating and implementing a way of working safely. The basis for this process begins with your Workplace Health Safety Management System. The chosen risk management policy was created in July of 2011; it alludes back vigorously to AS/NZS 4801:2001 being the Australian standard. It details on its involved contents, document history, amendment and approval table procedure, description and scope of document, responsibility charts, triggers, definitions, references, legal references, activity descriptions being hazard identification etc. Reviewing the procedure and investigating the strategy and the way it is mapped out is very simple for anyone to follow, whether in the event of a risk or simply amid an audit the procedures takes into account simple proficient use. The main shortcoming I can discover is that the obligations chart is not sufficiently detailed enough, it does not advise where or how to find the significant individual responsible for the application of that hazard. Any event or action that could have a negative impact on the company is considered a risk to the company. 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