To consider the status of the council’s corporate risk register in order to monitor the effectiveness of the performance, risk and opportunity management framework.

The performance service manager presented the corporate risk register as at 31 March 2018 and highlighted that a new risk had been added to the register.  

The directorate risk registers had been included as part of the report so that the committee could assure themselves that risks were being considered consistently across the organisation. It was noted:

·         All risks should be assessed in line with the performance risk opportunity management (PROM) criteria

·         It appeared that the RAG ratings were inconsistent across all the registers, e.g. a score 16 would appear as red in one register but amber in another.   Members requested assurance that the RAG rating was being consistently applied. 

·         That the committee received a simplified version of the risk register and requested an explanation for this. 

·         The risk owner was not always the same across the corporate risk register and the directorate risk register.   The risk owner should be the same across both registers. 

·         The direction of travel indicators were not consistent across the register and on one register did not appear. 

The committee requested sight of the directorate risk registers again in order to assure themselves that risks were being consistently rated and in line with the PROM framework.    The committee also requested confirmation that the senior management team view the directorate risk registers so that they had an across the board view of risk.  It was agreed that the committee would continue to receive quarterly updates on the corporate risk register. 

RESOLVED

That the report be noted.