26.1 Policy

Risk Management is an essential element in RR+R’s conduct of its business activities including its training and assessment, consultancy,  equipment servicing and support operations.

It is also an important formal element in the development and review of the Company’s strategic and annual management plans, enabling management to identify, assess and respond to the risks it faces in the conduct of the business.

The Managing Director, Logistics Manager, Administration Manager, and Senior Consultants will jointly review the requirements of RR+R’s registration under the AQTF by developing a Risk Management Plan for its VET business and reviewing in conjunction with the annual Self-Assessment and during the year.

Management, Employees, Consultants and Contractors have an equal responsibility to contribute to risk mitigation.

The Managing Director will ensure that risk management is properly understood and applied at all tiers by all persons affiliated with RR+R in any context and that it will be used to manage risk proactively.

Risk management should not impede entrepreneurial initiative. All RR+R employees must recognise that the taking of risks, and the ability to mitigate risk for or on behalf of our clients is essential to the sustainability of our business.