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MONITOR & REVIEW

Regular ongoing review is essential to ensure that the management plan remains relevant as factors change that affect the likelihood, consequences and treatment of risks.

  • Monitor the effectiveness of all steps of the risk management process to ensure continuous improvement

  • Progress against plans should be incorporated into the organisation’s performance management and reporting system
  • Document lessons learned by reviewing any reported incidences and their outcomes

  • Record and archive incidents and learnings in a database for easy access and reporting
RISK360