Washington State University

Enterprise Risk Managment

 

 

Enterprise Risk Management at WSU is a business process, led by senior leadership, that extends the concepts of risk management throughout WSU to support its mission and strategic plan.

 

The Enterprise Risk Management Process includes the following steps:

     1. Identify risks that are common across the WSU enterprise

          a. WSU Leadership

          b. Risk Registers

     2. Assess Risks

          a. Risk Score = Impact x Likelihood

          b. Immediacy of Risk

     3. Risk Mitigation Plan

          a. Assign Owner

          b. Consult Risk Subject Matter Expert

          c. Reduce Risk Score

     4. Report to WSU Leadership  

 

Please contact the WSU Risk Management Department with questions about the WSU Enterprise Risk Management Program (509) 335-3041

 

Risk Management Services, PO Box 641172, Pullman, WA 99164-1172, 509-335-6893, Contact Us