Write and submit a 2,500 word paper explaining what risk assessment is and why organisations should make risk management an integral part the organisation's function.
In your paper explain:
- Why each organisation should have policies, procedures and practices that support effective control of risk
- How and why policies and procedural documentation will align with the relevant legislation (taking into considerations industry relevant legislation)
- How the International Standard can assist with risk management
- How risks can be assessed, analysed and categorised and by whom
- How and when risk audits should be conducted