Planning a risk audit

A Risk Audit is a process by which an attempt is made to identify, verify, record, measure, analyse and report the range of risks that may be present in a given situation. This given situation could be as simple as a 2 hour event (e.g. a sport event) or as complex as all the risks faced by an organisation in all its programs and activities over the course of a year.

The key aspect of a risk audit is to identify risks. Unless risks are identified, people may be completely unaware that a risk exists. The risk audit process goes further, however, and enables persons with responsibility to consider and evaluate risks.

The principal components of an effective risk audit process are:


Risk Auditing On Site

After the Risk Audit


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