There are huge pressures on further education and training providers to manage the plethora of changes taking place in the sector. Funding changes and the introduction of apprenticeship standards has provided increased complications to delivery. Throughout these changes, it is important that providers manage their delivery by risk assessing all areas of their organisation. There are also some clear positives from risk managing all areas of an organisation:
- Risk management will lead to clearer decision making
- An organisation that has managed its risks will provide confidence to stakeholders
- Risk management will allow organisations to use staff and resources better
Further Education and Training Risk Assessment
The first important point to note is that risk assessment is not confined to just health and safety. Organisations need to consider how they risk assess all areas of their operations. This should include:
- Quality Assurance
- Prevent Guidance
- IT and Data Security
How does Stedfast help?
Risk assessment is one of the modules in Stedfast. We introduced this module to support education and training providers with risk assessment management. It is a very simple module but allows providers to manage all of their risk assessment activity from a single location. Like all of the modules in Stedfast it is also collaborative which ensures all staff can be involved in this area for quality assurance.
With Stedfast, teams of staff are able to work on risk assessments. They need to consider the risk, what is the consequence and what is currently being done to mitigate the risk. Staff will then need to consider the likelihood of the risk and the consequence as a rating. Finally, staff will then need to consider what they are going to do to control or eliminate the risk.
The risk matrix is a visual report used to identify the level of risk. A risk matrix provides a two-dimensional analysis of risk using probability and impact. By using a risk matrix, staff are able to identify those risks which need to be monitored more closely and be acted on.
Using Stedfast, users are able to categorise the likelihood as:
- Almost Certain
The Consequence rating is categorised as:
All risk assessments should be reviewed on an annual basis and we have added a review check for this to be recorded.
Risk ActionsPDF Reports
All risk assessments actions can also be downloaded into PDF format:
If you would like an online demo of Stedfast then please contact us and we will schedule this with you.