Create a Risk
Add risks to your register and assess their inherent likelihood and impact.
When to Use This
Use the risk register to:
Document potential threats to your RTO's operations or compliance
Assess risks before you put controls in place
Track who's responsible for managing each risk
Before You Start
Decide what you're trying to protect against (compliance, financial, operational, training quality, etc.)
Think about what could go wrong and how likely it is
Steps
Open the Risk Register
Go to Registers → Risk. Click Add Risk.
Describe the risk
Enter a clear Title (what could go wrong) and Description (more detail about the risk and its potential consequences).
Optionally select:
Risk Owner: The staff member responsible for managing this risk
Business Area: Helps categorise risks (Governance, Compliance, Financial Viability, Training & Assessment Quality, Student Lifecycle & Wellbeing, Staff & Capability, Systems, Technology & Resources, or Third-Party & Partner Arrangements)
Assess inherent risk
Rate the risk before any controls are in place:
Likelihood: How likely is this to happen? (Rare → Almost Certain)
Impact: How bad would it be if it happened? (Insignificant → Catastrophic)
RTOSafe assigns a risk level based on your ratings: Low, Medium, High, or Critical.
Save
Click Create. The risk is added with Pending status.
What Happens Next
The risk appears on your register with its inherent risk score
RTOSafe generates an AI analysis of the risk (takes a few moments)
You can now add controls to mitigate the risk
Once you add controls and set a review date, the status changes to
Active
From the risk details page, you can also:
Link the risk to specific scope items (training products or units it affects)
Link to continuous improvement initiatives that address the risk
Common Issues
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