1. Risk Management At international schools
Hemant Dutia
Business Manager
The American International School of Muscat (TAISM)

2. Agenda Learning objectives Why conduct risk assessment?
Risk analysis strategy
Ratings scales
Risk levels & control measures
Risk assessment matrix
Managing risk
Summary and take-home messages

3. Learning Objectives
Understand risk, risk-based decisions and risk analysis
Identify risk analysis tools and resources to help you make risk-based decisions
Learn to apply knowledge to manage risk at your institution

4. Why Conduct Risk Assessment?
Protect the long-term existence of the institution
Protect the students, employees, administration, Board of Trustees, and volunteers

5. Risks to Consider Transportation Food & cafeteria services
Child safety
Field trips
Political environment
Economic environment
Currency devaluation

6. Risk Analysis Strategy
Risk (definition): Physical injury, damage to health, damage to property, damage to environment, financial damage
Measure of Risk = (Severity of harm) x (Frequency of harm)
Determine risk acceptability
Mitigate Risk: Reduce unacceptable risks to acceptable levels

7. Rating Scales: Severity and Occurrence
Severity Rating
Impact 1
None / insignificant 2
Minor 3
Major 4
Serious 5
Hazardous
Occurrence Rating
Frequency 1
Remote
(Not likely) 2
Slight
(Very low) 3
Moderate
(Occasional) 4
Very Likely
(Moderate) 5
Almost Certain
(Regular)

8. Risk Levels & Control Measures
Low Risk
Broadly acceptable risk
Medium Risk
Additional risk control is desirable
High Risk
Additional risk control is mandatory
O – 5 5 10 15 20 25
O – 4 4 8 12 16
O – 3 3 6 9
O – 2 2
O – 1 1
S – 1
S – 2
S – 3
S – 4
S – 5

9. Risk Assessment Matrix Example: Infrastructure & Network
Category
Situation
Sev.
Occ.
Risk
Mitigation
New
New Risk
Risk Manager
Infrastructure
Building damage (unsound structure, weather) 4 2 8
Comply with building code 1
Operations
Regular building maintenance
Network
Server destroyed (loss of data) 3 6
Regular backup data IT
Maintain cloud storage capacity
Use multiple servers

10. Risk Assessment Matrix Example: School Buses
Category
Situation
Sev.
Occ.
Risk
Mitigation
New
New Risk
Risk Manager
School buses
Accident (loss of student lives) 5 2 10
Regularly service buses 1
Security & Safety
Use speed governors
Enforce strict seat-belt policy
Maintain driver license records
Regular training for drivers/monitors
Legal implications 4 8
Maintain insurance & liability policies
Legal

11. Managing Risk Use risk assessment matrix as appropriate
Document thoroughly
Review periodically
Management has final responsibility in making risk-based decisions

12. Summary and Take-Home Messages
What risks do you see in your institution and departments?
Who are the risk managers?
How often do you need to review your risk matrix?
Schedule regular review with the relevant Board committee
Provide regularly scheduled updates to the Board of Directors

13. Questions?