Issue - meetings

The annual review of the Risk Management Strategy has been conducted by officers. Attached at Appendix 1 is an updated Strategy. This version incorporates recommendations from our internal auditors (SIAP), and addresses points raised by council members and officers over the last year.

Following consideration, the Committee unanimously resolved to:

(1)       Approve the revisions to the Risk Management Strategy as attached at Appendix 1 to the report.

The Committee received a report presenting an annual review of the Risk Management Strategy.

The following matters were considered:

a)             Review and audit of project management. In response to a question from a member, the Business Assurance Manager informed the Committee that the Council’s project management governance documentation sets out that spot checks of project risks would be undertaken and that it would be subject to audit.

b)             Risk management software. In response to a request from a member, the Business Assurance Manager informed the Committee that new software used by the council enabled the allocation of risk responsibility to officers and provided a dashboard and notifications both to the risk owner and their line manager. This provided a greater level of visibility of risk management information. An example of the benefit of the software was the performance management reports presented to Audit and Scrutiny Committee which were produced in the system.

Following consideration, the Committee unanimously resolved to:

(1)       Approve the revisions to the Risk Management Strategy as attached at Appendix 1 to the report.