Risk links and references
Deloitte Enterprise Risk Management
There are many frameworks available and all have pros and cons. In 2020, we refreshed our approach to risk management and used the Deloitte Enterprise Risk Management as the base framework from which we built our own policy and framework documents. We still refer to this and use it to provide Court, SMG and the Audit and Risk Committee with our roadmap for continuous improvement.
Click here to access the Deloitte ERM paper
PWC Risk in Higher Education Report, 2021
PWC, our external auditors provide insghtful reports and trends analysis.
Click here to acccess the PWC Higher Education pages
World Economic Forum Report 2022
The World Economic Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. Their annual report is one of the heaviest referenced papers for organisations reviewing emerging risk trends.
Click here to access the World Economic Forum Global Risk Report 2022
Institute of Risk Management
The Institute of Risk Management is the leading professional body for Enterprise Risk Management. They "provide globally recognised qualifications and training, publish research and thought leadership and set professional standards, which define the knowledge, skills and behaviours today's risk professionals need to meet the demands of an increasingly complex and challenging business environment."
Click here to access Institute of Risk Management website
Management of Risk Certification
Risk management can cover many areas and can be studied up to Masters level at the University. For many of us, our needs are more focused on project or local operational risk management. A key course that ties in with Prince2, ITIL, Management of Programmes and other certifications is the 5 day Management of Risk course.
Click here to find out more about the Management of Risk certification
Association of Project Management definition of risk
For many accessing this site, the risk will relate to project specific risks. The Association of Project Management is the UK leading professional body and has excellent resources available to all.
Click here to read the Association of Project Management definition of risk
Risk Management in Agile Projects
Although the majority of projects are run using traditional methodologies such as RIBA and waterfall, the success and flexibility afforded by a more agile approach is becoming more popular at the University. Risk management does not vary much between traditional and agile methodologies, however, this journal article will provide insight and things to think about if your project is adopting an agile approach.
Click here to read the journal article on risk management in agile projects
UK Government approach to risk
Known commonly as the "Orange Book", the UK Government publish a common risk management framework for use in all public sector bodies. This is a very comprehensive book, however, it assumes a high level of maturity in risk management and can be over complicated for some organisations. Although we refer to the Orange Book, it is not a standard we comply with.
Click here to access the UK Government Orange Book on Risk
Last updated December 2024