More than Moderate Threats of Systemic Regulatory/ Net active $10,000 but impact on withdrawal from injuries of police participation less than product/service affiliated players/ investigation declines by $25,000 standards. clubs/providers. participants with adverse more than 5%, Unable to Failure of and/or public. findings against but less than deliver local prominent Increased organisation 15%. Risks which will sports branded project frequency of and/or Board. cause some competitions. or product. near misses. 3 problems, but Widespread Failure of a club nothing too discontent by or provider. Medium significant. Individual or group misconduct. Sustained public criticism of the organisation. More than Minor impact on Localised Minor injuries of Regulatory/ Net active $1,000 but less product/service negative players/ police participation than $10,000 delivery. coverage. participants investigation of declines by Competitive and/or public. organisation more than 0%, Any risks which threats to and/or Board but less than will have just a membership. without adverse 5%. 2 mild impact, but Constrained findings. should be capacity to Minor addressed. meet the demands of existing or new members/ participants. Less than Very minor, Media interest Insignificant Persistent Stable net Risks which do $1,000 temporary in local issue. injuries of complaints active not pose any product/service players against membership. significant threat disruption. /participants organisation 1 and which can be and/or public. and/or Board. left unmitigated without special action. Risk Grading Criteria Likelihood Ratings – The Board of <INSERT ORGANISATION NAME> has resolved that the following probability thresholds and ratings in relation to assessing risks be used. Will probably occur more than once withn 12 5 Almost Certain months High probability that will occur at least once 4 Likely within next 24 months Reasonable likelihood that could occur more LIKELIHOOD 3 Possible than once in 24 months 2 Unlikely Not likely to occur within next 24 months 1 Rare Not impossible but highly unlikely Risk Tolerance Levels The Board of <INSERT ORGANISATION NAME> has resolved that the following risk tolerance thresholds be used in relation to the actions <INSERT ORGANISATION NAME> personnel shall take in relation to managing risks. RISK LEVEL REQUIRED ACTIONS
3 Medium Risks which will cause some problems, but nothing too significant. More than $10,000 but less than $25,000 Moderate impact on product/service standards. Unable to deliver local sports competitions. Widespread discontent by Threats of withdrawal from affiliated clubs/providers. Failure of prominent branded project or product. Failure of a club or provider. Individual or group misconduct. Sustained public criticism of the organisation. Systemic injuries of players/ participants and/or public. Increased frequency of near misses. Regulatory/ police investigation with adverse findings against organisation and/or Board. Net active participation declines by more than 5%, but less than 15%. 2 Minor Any risks which will have just a mild impact, but should be addressed. More than $1,000 but less than $10,000 Minor impact on product/service delivery. Competitive threats to membership. Constrained capacity to meet the demands of existing or new members/ participants. Localised negative coverage. Minor injuries of players/ participants and/or public. Regulatory/ police investigation of organisation and/or Board without adverse findings. Net active participation declines by more than 0%, but less than 5%. 1 Risks which do not pose any significant threat and which can be left unmitigated without special action. Less than $1,000 Very minor, temporary product/service disruption. Media interest in local issue. Insignificant injuries of players /participants and/or public. Persistent complaints against organisation and/or Board. Stable net active membership. Risk Grading Criteria – Likelihood Ratings The Board of <INSERT ORGANISATION NAME> has resolved that the following probability thresholds and ratings in relation to assessing risks be used. LIKELIHOOD 5 Almost Certain Will probably occur more than once withn 12 months 4 Likely High probability that will occur at least once within next 24 months 3 Possible Reasonable likelihood that could occur more than once in 24 months 2 Unlikely Not likely to occur within next 24 months 1 Rare Not impossible but highly unlikely Risk Tolerance Levels The Board of <INSERT ORGANISATION NAME> has resolved that the following risk tolerance thresholds be used in relation to the actions <INSERT ORGANISATION NAME> personnel shall take in relation to managing risks. RISK LEVEL REQUIRED ACTIONS
Risk-management-policy-template.docx