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.