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Risk

General Guidance

• The Orange Book (PDF 462KB)
  This guidance document sets out a framework for the development and implementation of risk management processes in government organisations. Risks must firstly be identified, then assessed through an evaluation of the likelihood of each risk occurring and an evaluation of the impact if the risk does occur, then addressed. There must be a sensible review and reporting framework in place, and a sensible communications framework.
• Early management of the risks to successful delivery (PDF 263KB)
  Ten main areas, identified by HM Treasury with the assistance of the National Audit Office, where departments need to pay particular attention from the outset of policy development if they are to deliver successfully.
• Managing risks with delivery partners (PDF 757KB)
  This document draws on the experience of the OGC, HMT and the NAO to highlight the key issues to address in managing risk when working with delivery partners. It is intended to help those in departments who work directly with partner organisations to deliver services (agreeing contracts or service level agreements, or managing and monitoring performance); or those who are reviewing the range of partners with which the department works, and the way that risk is allocated and managed.
• Risk Management Assessment Framework (PDF 344KB)
  A tool for assessing the standard of risk management within an organisation. This is an optional tool for departments to help them collect and assess evidence to evaluate their delivery of effective risk management. It identifies 7 key questions to be addressed so that areas of good and poor practice can be identified and improvement priorities can be established.

Managing risks to the public

The documents contained in this section deal with risk and uncertainty in general terms. These documents are designed to help policy makers address risks which specifically affect the risk of fatalities, injury and other harms to the public, as well as the public's perception of those risks.

• Principles of Managing Risks to the Public (PDF 113KB)
  The principles which government will adopt when handling all types of risks to the public in order to determine the action to be taken.
• Managing risks to the Public: Appraisal Guidance (PDF 623KB)
  Guidance on developing and assessing proposals that affect the risk of fatalities, injury and other harms to the public. As The Green Book discusses risk and uncertainty in general terms, but not specifically risks to the public, this guidance supersedes paragraphs 26-33 of Annex 2 of The Green Book.

Risk Appetite

This set of 3 documents provides an overview of the concept of risk appetite - the amount of type of risk that an organisation is prepared to take.

• Setting and Communicating your risk appetite (PDF 329KB)
  This paper explains what risk appetite is and how it depends on the aims of the business. Risk appetite needs to be clearly articulated to know that you are taking a proportionate approach to risk and to clearly explain decisions. It must be considered not only for individual projects/programmes, but also across the totality of projects to ensure that the overall portfolio of risks is appropriate, balanced and sustainable.
• Managing your risk appetite: A Practitioner's Guide (PDF 463KB)
  This guide explains how to apply the concept during the assessment process. It shows graphical approaches to tracking risk in relation to appetite, and how to quantify risk and risk appetite where appropriate.
• Managing your risk appetite: Good Practice Examples (PDF 191KB)
  This illustrates good practice approaches to risk appetite in DTI, DEFRA and Companies House.

Health, Safety and Illness in the Workplace

• Risk Management in the Workplace (HSE website, opens in new window)
  Link to the Health and Safety Executive (HSE) website where guidance can be found on health and safety and risk management in the workplace. Guidance can be found on the ALARP (As Low as Reasonably Practicable) principle which describes the level to which workplace risks should be controlled, after weighing a risk against the trouble, time and money needed to control it; and there is also a guide to the correct use of CBA as part of ALARP decisions, and a checklist of what should and should and should not be included.
  
  See also Health.

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