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231124ARCPaper7Appendix1Riskmanagementstrategy

24 November 2023 Part of: Audit & Risk Committee - November 2023

231124ARCPaper7Appendix1Riskmanagementstrategy
This document contains the Cairngorms National Park Authority's risk management strategy. It explains that risk management involves identifying, assessing, and controlling uncertainties and opportunities affecting the organisation's goals. This process happens at both strategic and operational levels, using a system of people, processes, and technology. The strategy defines risk appetite – the level of risk the organisation is willing to take – and outlines how this is managed, regularly reviewed, and how risks are categorized and addressed using methods like avoidance, reduction, sharing, and transfer. The document also details the roles and responsibilities of different teams in the risk management process, along with procedures for escalating and monitoring risks.
Please be aware that this summary has been generated using AI.
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