Sample Risk Register for an RTO
Author: Carolyn Claridge
The below Risk Register is certainly not exhaustive of risks identified with the potential to harm or negatively impact on your RTO; but it could be a start for you:
| Last updated 10/02/2018 | |||||||
| Risk ID # | Description of Risk | Likelihood | Consequence | Impact | Mitigation Actions | Responsible Officer | Change of grading since last update |
| 1 | Not all executive officers and high managerial agents meet the Fit and Proper Person Requirements at all times | Possible | Moderate | Significant | Spot checks performed quarterly;
National Police checks completed annually; |
Compliance Manager | New risk |
| 2 | The RTO does not meet the Financial Viability Risk Assessment Requirements at all times | Unlikely | Moderate | Moderate | Watching Brief | Compliance Manager | Likelihood reduced |
| 3 | No industry validation of Cert III in Fitness program performed | Possible | Moderate – Major | High – Significant | Organise validation meeting by end of March 2018 | Fitness Business Manager | Consequence raised |
| 4 |
|
||||||
| 5 |
|
||||||
