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Project Manager : Project Manager June July 2012
8 Project Manager • aIPM neWs naTIOnal Better business with risk management aIPM is embracing risk management to drive more effective business decision-making. aIPM national director and Conference academic review Committee Chair steve Milner talks risk at the strategic and business level. sTeve mIlNer NATIoNAl DIrecTor AND coNfereNce AcADemIc revIew commITTee cHAIr RISK MANAGEMENT IN THE AIPM IS AN ACTIVE PROCESS. Broadly, operational risk management at AIPM follows the principles and guidelines of the more widely recognised ISO31000 standard. Risks and opportunities are raised by the Board, the National Support Office, State and Territory Chapters and other AIPM Councils and Committees. These risks are assessed, prioritised and managed by the AIPM team, bringing sustained services to its members and stakeholders. In the governance of AIPM, the Audit and Risk (A&R) Committee is delegated by the AIPM Board of Directors to support and assist in their deliberations. The Committee oversees the continuous improvement of the Risk Management Framework for AIPM, contributes to the Board’s strategic risk review, performs the role of Budget Review Committee, reviews reports provided by AIPM’s auditor and ensures that all recommendations in such reports are responded to. Recommendations are made to the Board on the annual appointment of an auditor; and on request from the Board, recommendations are made on audit and risk issues. Risk management is central to planning at AIPM. At the strategic level, risks are identified, assessed and mitigating strategies developed. These strategic level risks are monitored by AIPM’s A&R Committee and actioned where appropriate by the responsible risk ‘owner ’ in the respective Council or Committee. AIPM’s internal audit program is built around our risk assessments and risk management is also undertaken at operational and project planning levels. The A&R Committee members include: past Chair Keith O’Shea, past AIPM Treasurer Stuart Hughson, ACT President Boyd McCarron and myself as National Director. In addition, the National President, David Hudson, and AIPM CEO Margie O’Tarpey are ex officio members, and from time-to-time the Committee brings additional professional expertise to the table. Building an active management of risk at strategic, governance and operational levels allows AIPM to constantly move towards a more mature business risk culture across the organisation. Risk management is not just a process to meet compliance obligations, it is an opportunity to make better-informed business decisions, protect the value proposition of AIPM and enable the addition of new products and services, that create value and reduce risk in a general capacity. •••
Project Manager April May 2012
Project Manager Aug Sept 2012