Risk Management is a function that allows the University to conduct its activities in a manner that does not impose an unreasonable risk of loss or injury.
Many University activities involve risks and thus require planning and procedures to manage those risks. Risk Management is a joint responsibility of the Risk Management office and all employees.
Risk Management staff provide consultation and service. The staff develops procedures and guidelines for many activities and provides assistance to campus entities with identification and evaluation of risks, selection of risk control and risk financing techniques, evaluation of the results and program improvement.
Strategic Risk Management
Strategic Risk Management is an administrative process that requires widespread participation to identify and manage the myriad of risks associated with carrying out the objectives of the University.