University risk register pdf

The strategic risk register is used by the executive board to help facilitate the identification, assessment and ongoing monitoring of strategic risks significant to. What is interesting is the growing risk in relation to recruitment. The purpose is to identify the risk, understand the magnitude, develop mitigation strategies, and budget and manage the contingency. Risk management policy buckinghamshire new university. This allows good decision making in terms of the use of.

University court, and the risk management process is formally integrated with the university s strategic planning and performance management systems. The risk that us fails to act strategically with regard to prioritisation and the deployment of resources thereby failing to assist the university to deliver on its strategic plan affecting research development, the student experience andor the university s global reach and reputation. The corporate risk register records the highest level risks and monitors the risks of not achieving the strategic plan. The university risk register contains universitylevel risks, along with risks escalated from functional area risk registers. Fire andor explosion through incorrect storage, handling, labeling or mixing of chemicals. Our internal risk management information will have a more complex structure than the register layout suggested. The university has a strategic risk register which correlates with the university s strategic aims and objectives, which in turn are based on the university s strategic plan 2015 2020.

A risk register is a tool to support the risk framework which captures strategic institutional risks. Risk register facilities management brown university. High level risk is identified during the planning process and monitored through design and construction. A risk register includes all relevant information about every risk that has been identified, from the nature of that risk to the level of risk to who owns it and down to what mitigation measures that have been put in place to respond to it. The future direction of this study is to investigate how to embed risk management processes into the basic management cycles of a university and develop a risk management framework that can suit a. Facilitate risk management education, including workshops, training and advice. Risk that there will be pressure on resources right across the university due to increased diversity in the student body risk that data collection and reporting systems are not adequate and fail to support effective planning. Leadership foundation for higher education and the committee of university. Risk register february 2016 cics manages the risks to the ict infrastructure that supports most of the vital functions of the university.