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Managing Risk

Risk is unavoidable and present in virtually every activity, function, process, project, product and asset associated with the capability development program. The effective management of that risk will therefore play a big part in the success of the program and the achievement of CDG's Vision:

Our peers in foreign Defence staffs will beat a path to our door to learn about our successful capability development program.

Effective risk management is also capable of making a significant contribution to the achievement of CDG's Mission:

To provide the Government of Australia with decision-making information to enable it to make prudent and timely investments in Defence Capability.

The risk management process when effectively applied will capture invaluable decision-making information on context, identified risks, results from risk analysis/evaluation, and risk treatments.

CDG is therefore committed to developing and implementing an approach to the management of risk which will:

• support CDG personnel at all levels to anticipate uncertain events, exploit opportunities, and to respond appropriately to potential weaknesses; and
  
  
• progressively become a part of our everyday management practices and as such an integral part of our planning, decision making, reporting and evaluation.