Risk Managment Unit

The Department of Human Services has a Risk Management Policy and Framework to support better decision making, business planning and resource allocation.

Risk management is an essential part of the governance structure of the department, and is a requirement under the Financial Management Act 1994 and the Victorian Managed Insurance Authority Act 1996.

Risk Management Policy

The department is committed to, and places a high priority on, managing its risks in a strategic and systematic manner. It is departmental policy to apply a consistent and comprehensive framework to the management of risk.

A systematic and strategic approach to risk management will support and foster:

• the department's mission to enhance and protect the health and well-being of all Victorians, emphasising vulnerable groups and those most in need
• achievement of the department's strategic objectives through efficient and effective operations
• provision of a safe environment for the department's clients and employees
• the department's values, especially quality and responsibility - that we always strive to do our best and improve the way we do things; and that we commit to the actions we take to achieve the best possible outcomes for our clients
• compliance with all statutory requirements and obligations relating to risk identification, assessment and control.

Risk Management Framework

The Risk Management Framework provides a strategic and systematic approach to:

• identifying potential risks;
• assessing exposures;
• developing processes to mitigate or manage risks; and
• monitoring and reporting on risks throughout the department.
  

A departmental Risk Management Committee, chaired by the Executive Director, Operations, is responsible for overseeing the implementation of the Framework and for providing advice and guidance on risk management issues.

Contacts

Manager, Risk Management Project
Telephone: +61 3 9096 8786