Risk Management Services Enterprise Risk Managment

The Enterprise Risk Management Process includes the following steps:

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.

  • Identify risks that are common across the WSU enterprise
    • WSU Leadership
    • Risk Registers
  • Assess Risks
    • Risk Score = Impact x Likelihood
    • Immediacy of Risk
  • Risk Mitigation Plan
    • Assign Owner
    • Consult Risk Subject Matter Expert
    • Reduce Risk Score
  • Report to WSU Leadership

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