APTC Annual Report and Plan 2016 - 2017 Final 160117

2.2 Registration with regulatory authorities within each country of delivery is maintained
Risk description Likelihood Impact Risk Rating Owner
Non-compliance with Standards
for RTOs 2015 Clause 8.5.
Specifically, failure to meet
registration and other legislative
requirements in each country of
delivery
Possible Major High Executive Director
Training Delivery
Risk Mitigation Controls Actions Status
Country Managers to monitor
activity to ensure continuing
compliance with national VET
regulators and other relevant
legislation in country of
delivery
Residual risk
CMs to monitor training profile and update
in - country registrations according to the
profile.
Low
Complete
2.3 APTC has a reputable brand that is recognised
Risk description Likelihood Impact Risk Rating Owner
Negative press about APTC
requiring DFAT intervention
Likely Minor Medium Chief Executive
Officer
Risk Mitigation Controls Actions Status
Develop communication and
reporting process to advise
CEO of all emergent issues
within 2 hours
Residual risk
MPC to develop process and distribute to
LT after CEO approval
Low
Complete
2.5 Reduced reliance on Australian Aid funding over time
Risk description Likelihood Impact Risk Rating Owner
Commercial projects incurring
bad debts
Possible Moderate Medium Executive Director
Corporate and
Commercial
Operations
Risk Mitigation Controls Actions Status
Assessment of client capacity
to pay is undertaken on
scoping of the FFS project.
High risk organisations would
be avoided. Use of evaluation
tool for major projects. As
needed
Contract payment schedule
ensures payment upfront prior
to mobilisation of staff to
reduce the risk of nonpayment
Residual risk
Assessment checklist to be used to assess
risk for each proposal
Payment schedule to be included with
every relevant contract
Low
Complete
Complete
APTC Annual Report and Plan 2016 - 2017 Final 160117.docx Page 183 of 197