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Risk Assessment in Policy

Risk Assessment in Policy is the capacity to evaluate, address and minimize potential hazards within the setting of policy development and implementation. It involves the ability to accurately identify possible risks, understand the probability of their occurrence, and formulate effective prevention measures. This capability contributes to the creation of sound policies that not only address pertinent issues but also safeguard stakeholders from unforeseen complications.

Foundational

At a foundational level you are able to recognize obvious risks when supporting policy work and can raise them with your team or manager. You understand the importance of considering basic risks early in policy discussions and take simple steps to help address them. This helps ensure initial policy ideas are more robust and less likely to encounter avoidable issues.

Developing

At a developing level you are able to identify common risks relevant to policy development and begin to assess their likelihood and impact. You can suggest basic prevention or mitigation measures with support, and your input helps reduce straightforward risks while you gain confidence in handling more complex scenarios. Your growing skills contribute to safer, more reliable policy outcomes.

Proficient

At a proficient level you are able to systematically assess and prioritize risks during policy development and implementation, using reliable information sources to support your analysis. You identify likely consequences and recommend practical steps to address them. This ensures your policies are robust, safeguarding both the organization and stakeholders from avoidable harms.

Advanced

At an advanced level you are able to anticipate complex risks in policy development and assess their likelihood and impact with confidence. You design and implement robust strategies to address and minimize these risks throughout the policy cycle. Your approach results in policies that are thorough, resilient, and better protect both the organization and its stakeholders.

Expert

At an expert level you are able to anticipate, evaluate and address complex or emerging risks in policy development with sound judgment and foresight. You proactively design and implement robust risk management strategies that influence policy direction and build organizational resilience. Your expertise ensures that policies consistently safeguard stakeholders and adapt to changing environments.

Where is this capability used?