Risk is uncertainty of outcome, either from pursuing a future positive opportunity, or an existing negative threat in trying to achieve a current objective.

Instead of focusing on avoiding risk, the University attempts to control risk through a risk management strategy that identifies and manages an acceptable level of risk.

Risk management is embedded within the daily operation of the University from strategy formulation through to business planning and processes. Through understanding risks, decision-makers are better able to evaluate the impact of a particular decision or action on the achievement of the University’s objectives.

Each School/Support Department is expected to manage risk by maintaining a risk register that is regularly reviewed at SMG and Departmental meetings.

Related Information

Risk Register Template
Risk Register Guidance
Risk Management Strategy
Risk Register