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The South Wales and South West Congenital Heart Disease Network wants to ensure it has an effective mechanism for identifying, managing and escalating risks.

Definition

A risk is an uncertain event or set of events that, should it occur, will have an effect on the achievement of objectives of a programme area (critical success factors). It is measured in terms of impact and likelihood. It consists of a combination of the probability of a perceived threat or opportunity occurring and the magnitude of its impact on the objectives.

  • All Network stakeholders are responsible for identifying any risks to the Network’s function
  • Clinical risks remain the responsibility of the individual Trust’s governance
  • The Network’s principal risks, their status (i.e. progress against action plans) and their residual risks will be a standing item on the Board agenda
  • The register will be available for all members of the CHD Network, NHS England South and WHSSC to review on request

Our risk management process: 

 

 

 

 

 

Full details of our risk management policy can be found here.