33. Good Governance Guide to Risk Management in Community & Comprehensive Schools

Last updated: Wed, Sep 21st, 2016 9:00:54 am

33.1     The Good Governance Guide (2013) introduces the Boards of Management of Community and Comprehensive schools to the concept of managing risk, it identifies how schools can establish an overall approach to risk management and it gives practical advice and useful templates to guide schools to systematically identify, evaluate and treat such risks.

33.2     The Good Governance Guide to Risk Management in Community and Comprehensive Schools 2013 states;

A risk can be defined as any adverse circumstance which can negatively affect a school’s ability to carry out its objectives as outlined in the school plan. Risks can be external or internal and exist at a number of levels, for example, strategic, operational, financial and reputational.

33.3     The Guide aims to provide the Boards of Management with a model of best practice in risk management by the application of good governance    principles. This model is supported by best practice models in the national and international context.