Activity 4.2
Read
Textbook:	Standards Australia, (2004). Australian/New Zealand Standard Risk management: AS/NZS4360:2004. 

Read Chapter 2 – Risk management process overview, Chapter 3 – Risk management process and Chapter 4 – Establishing effective risk management.

Textbook:	Emergency Management Australia (2000).  Emergency risk management – Applications guide. EMA: Canberra.

Read the entire text as a review of emergency risk management.
Questions
1.	Fill out the following table and compare the similarities of the Figure 2.1 Risk Management Process in the AS/NZS4360:2004 similar and the emergency prevention and preparedness model shown in Figure 4.1 above (remembering that each box in the Standard’s Fig 2.1 represents further processes).  I have provided a starting comparison.
2.	What do you see as the major similarities and differences between the two models?
3.	How would you reconcile the following risk management models?  That is, what is the relationship between each of the options/models components.  I have provided a starting comparison.  Can you complete the reconciliation?
4.	Finally, consider the steps and activities in establishing effective risk management shown in Chapter 4 of AS/NZS4360:2004. Are they appropriate to your organisation?  If not, in what way would you do things differently?

Question 1
AS/NZS 4360:1995	Emergency prevention and preparedness mode	
Eg. Establish context
Identify risks	
Identify hazards	

		

		

Question 3
Risk treatment options	Emergency management model	Occupational health and safety ‘Hierarchy of control’	
Eg. Reduce likelihood	Prevention/Mitigation	Elimination