Implementing, Monitoring and Improving The Risk Management Program

Implementing the Risk Management Program requires the "buy-in" of upper management and is only accomplished with specific attention devoted to decisions which must be made in cooperation with other managers. Coordination with other reporting departments is essential to the implementation and can guaranty that the program is carried forward through implementation to a completely perpetuated Risk Management Program. Although your management is most likely in a position to review this process, PCS will assist in the process as a facilitator to review the flow of responsibility within the organization and make recommendations for your consideration.

Monitoring your Risk Management Program is simply a constant review of the fives steps in the risk management process. The monitoring will identify new exposures as they develop and identify existing exposures that may have to handled differently for various reasons. Continuous monitoring of Loss Control procedures must be followed to maintain consistency of the safety programs which may effectively and efficiently manage risk and reduce costs. Monitoring activities are used to continuously evaluate techniques not only for effectiveness but also for dynamic characteristics-what needs to be changed? The process is perpetual. PCS will assist by advising you of evolving exposures which your organization may not be aware of. By keeping informed from a national and international perspective, we can help you address potential exposures before they jeopardize your assets.

< Back