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Risk Management

Enterprise Risk establishes and maintains the University's Integrated Risk Management Framework to ensure risk is managed effectively and to foster a culture where risk is an enabler of informed decision-making.

Risk

Risk is the effect of uncertainty on objectives, measured in terms of likelihood and consequence.

The potential vents which may have an impact (positive or negative) on the ability of the University to achieve its strategic, operational, project or activity-based objectives.

Risk Management

Risk management is the coordinated activities to direct and control the University with regard to risk. Risk management must be undertaken for all University activities. It does not need to be undertaken as a separate action and can be integrated into existing processes such as planning, project management, decision-making and reporting.

For further information, see the 'Integrated Risk Management Framework' tab.

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