RISK MANAGEMENT POLICY

Arab Mine action consultancy crew (AMACC) are committed to implement and maintain enterprise-wide risk management to assist AMACC to meet its objectives, and committed to comply with legal requirements and support the risk management policy by providing the necessary resources and support mechanisms to ensure its commitment toward risk management is achieved.

Top management also are responsible for implementing the requirements of this policy in consultation and participation with all AMACC’s workers. Cooperation is needed, and expected, from all workers. The effective management of risk is vital to the continued growth and success of AMACC.
The objectives of the AMACC’s Risk Management Policy and Framework are to:

• Provide a consistent and systematic approach to identify, analyze, evaluate, treat, monitor and report any risks.
• Ensure top management is presented with the accurate available information on which to base its decisions.
• Ensure decisions made are aligned with the AMACC’s appetite for risk and are undertaken within approved risk tolerances and are executed with enough independent oversight.
• Provide assurance through internal audit activities that internal controls are in place and are operating effectively and efficiently.

Risk Management enables AMACC to identify and manage risks to:

•  Improve business performance by optimizing growth opportunities.
• Remain innovative and establish competitive advantage.
• Anticipate and communicate uncertainties.
• Reduce operational losses and surprises.
• Minimize work related injuries and reduce risk
• Protect the AMACC’s reputation.

General Manager
Mohammed Abu-Khait