SECTION 2 Risk Management 2015-16 – NOTES: 1. Risk Category should be one of the following: Student Experience Internationalisation Student Recruitment Strategic and collaborative projects Research Finance & Operations Postgraduate Reputation 2. Risks Within the (Table 3) should be used where the School/Department has a primary role in risk management and mitigation. This is not to say that other School/Department’s Control University departments may not also be involved and/or responsible for significant remedial actions themselves EXAMPLE Where there are indications of staffing risks it is the to work with other departments (eg Finance) to affect and/or agree remedial action – School/Department’s primary role 3. Risks Not Primarily Within the Control (Table 4) should be used where the School/Department identifies risks that are primarily not within their control School/Department’s EXAMPLE This Table should be used where it is identified that University estate or infrastructure is not adequately functioning and affecting the School/Department – 4. Risk Score: Likelihood Impact 5 Certain to occur 5 Catastrophic at institutional level 4 Highly likely 4 Damaging at institutional level 3 Neutral 3 Significant at institutional level 2 Unlikely 2 Significant at department/school level 1 Exceedingly unlikely 1 Negligible TABLE 3 RISKS WITHIN – THE SCHOOL/DEPARTMENT’S CONTROL Description of Risk Established control mechanisms Unmitigated Contributing factors in 2015/16 Additional mitigation in Residual Risk Responsible Timescale for risk category 2015/16 Score post holder completion Likelihood Impact Likelihood Impact /25 1 2
SECTION 2 – Risk Management 2015-16 NOTES: 1. Risk Category should be one of the following: Student Experience Student Recruitment Research Postgraduate Internationalisation Strategic and collaborative projects Finance & Operations Reputation 2. Risks Within the School/Department’s Control (Table 3) should be used where the School/Department has a primary role in risk management and mitigation. This is not to say that other University departments may not also be involved and/or responsible for significant remedial actions themselves EXAMPLE – Where there are indications of staffing risks it is the School/Department’s primary role to work with other departments (eg Finance) to affect and/or agree remedial action 3. Risks Not Primarily Within the School/Department’s Control (Table 4) should be used where the School/Department identifies risks that are primarily not within their control EXAMPLE – This Table should be used where it is identified that University estate or infrastructure is not adequately functioning and affecting the School/Department 4. Risk Score: Likelihood Impact 5 Certain to occur 5 Catastrophic at institutional level 4 Highly likely 4 Damaging at institutional level 3 Neutral 3 Significant at institutional level 2 Unlikely 2 Significant at department/school level 1 Exceedingly unlikely 1 Negligible TABLE 3 – RISKS WITHIN THE SCHOOL/DEPARTMENT’S CONTROL Description of risk Risk category Established control mechanisms Unmitigated Contributing factors in 2015/16 Additional mitigation in 2015/16 Residual Risk Score /25 Responsible post holder Timescale for completion Likelihood Impact Likelihood Impact 1 2
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