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Virginia Commonwealth University enterprise risk management

Virginia Commonwealth University

http://erm.vcu.edu/

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Virginia Commonwealth University enterprise risk management | erm.vcu.edu Reviews

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Virginia Commonwealth University

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Virginia Commonwealth University enterprise risk management

http://www.erm.vcu.edu/index.html

We at Virginia Commonwealth University are committed to operating ethically and efficiently in every way. That includes doing everything we can to foresee, manage and mitigate potential risks before they occur. And they ultimately impact our most precious asset our reputation. We are committed to doing everything possible to prevent potentially significant “surprises” before they happen. Michael Rao, Ph.D. Office of the President. PO Box 842512 Richmond, Virginia 23284-2512.

2

Recent events – VCU enterprise risk management

http://www.erm.vcu.edu/events.html

The ERM Steering Committee (Committee) reviewed and discussed two Risk Mitigation and Management Plans. A deployment proposal for the newly acquired ERM software was discussed and accepted by the Committee. The ERM Steering Committee (Committee) began evaluating automated system opportunities that could further assist in the process of collecting, identifying, and confirming enterprise risks for the university. ERM updates were communicated to the Audit, Integrity, and Compliance Committee. The ERM progr...

3

Our model – VCU enterprise risk management

http://www.erm.vcu.edu/model.html

More details regarding VCU’s decision to implement the ERM program with a focus on reducing reputational risk with a measurement-driven approach can be found in the ERM white paper. Additionally, a timeline. Has been developed for the implementation of the ERM program, where the white paper’s theory is represented more tactically with specific project deliverables. Office of the President. PO Box 842512 Richmond, Virginia 23284-2512. Created by VCU University Relations.

4

Useful links – VCU enterprise risk management

http://www.erm.vcu.edu/links.html

Higher education institutions with recognized ERM programs. Higher education ERM presentations. The State of Enterprise Risk Management at Colleges and Universities Today. Association of Governing Boards of Universities and Colleges). What Top Management Wants from Its ERM Program. Stanford University Center for Professional Development). How Key Risk Indications Can Sharpen Focus on Emerging Risks. The Committee of Sponsoring Organizations of the Treadway Commission). Gallagher Higher Education Practice).

5

Definition – VCU enterprise risk management

http://www.erm.vcu.edu/definition.html

ERM is defined by the Treadway Commission¹ as “a process, effected by an entity’s board of directors, management and other personnel applied in strategy setting and across the enterprise, designed to identify potential events that may affect the entity, and manage risk to be within its risk appetite, to provide reasonable assurance regarding the achievement of entity objectives.”. Ndash; high-level goals that are aligned with and support the institution’s mission. Ndash; ongoing management process.

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Virginia Commonwealth University Office of the President

http://president.vcu.edu/index.html

Office of the President. Michael Rao, Ph.D. VCU facts and rankings. Staff and contact information. Staff and contact information. VCU rankings and accolades. The latest from President Rao. State of the University Address. The president talks about VCU as a “More Relevant” university in the third annual State of the University Address. A promising spring 2016. The president welcomes students, faculty and staff to the spring semester and outlines the exciting initiatives ahead. Connect with Dr. Rao. For mo...

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Virginia Commonwealth University enterprise risk management

We at Virginia Commonwealth University are committed to operating ethically and efficiently in every way. That includes doing everything we can to foresee, manage and mitigate potential risks before they occur. And they ultimately impact our most precious asset our reputation. We are committed to doing everything possible to prevent potentially significant “surprises” before they happen. Michael Rao, Ph.D. Office of the President. PO Box 842512 Richmond, Virginia 23284-2512.

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