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Risk Management

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Overview

Australian organisations increasingly face the challenge to provide more effective management of various financial and societal resources. Therefore all organisations need to know how to make good decisions in order to achieve goals and reduce those losses that arise from unexpected incidents, poor maintenance, accidents or illness within the workforce. Also, legislation requirements for safety and occupational health in organisations impose important demands to ensure the overall well-being of people.

Risk management aims to meet these challenges and involves processes and techniques aimed at the cost effective loss prevention of an organisation's assets and resources.