Further Enquiries:

Legal and Risk
Rm G07, Mitchell Building
North Terrace Campus
The University of Adelaide
SA 5005
AUSTRALIA
Email

Telephone:
+61 8 8303 4539
Facsimile:
+61 8 8303 4667

Risk Management

Risk Management is the process of measuring, or assessing risk, and developing strategies to manage it.

Risk management comprises two areas;

Good governance and risk management that the University chooses to undertake, and
Compliance, which is a non-discretionary obligation the University must address.

Together, these two areas provide the essential elements of the University's Risk Management Framework and philosophy.

The University risk management program is compliant with AS4360-2004. It consists of a web-based software system (RMSS), framework and supporting policy and guidance for Divisions, Faculties and Schools to actively monitor their unique activities and risks. An important aspect of this program is the input to the risk-based Internal Audit Program.

What we can help with

Strategic	Enterprise Risk Management - implementation, monitoring, review and reporting of the University's ERM Support and guidance to senior executives and nominated Risk Owners
Operational	Advice and support for local level risk management Risk Assessment - education, mentoring and training Assistance to you to identify, evaluate, record and report local level risks, threats and hazards
Compliance	Internal Audit - support and administration Legal Compliance Framework Policy Development, review and support (http://www.adelaide.edu.au/policies) Copyright - preservation and protection of the rights of creators and users (http://www.adelaide.edu.au/copyright) Liaison with internal and external stakeholders Fraud reporting and whistleblowers' Protection - support of the University's fraud framework and objective internal contact for staff or others who wish to report fraud or other misconduct and who wish to have a level of confidentiality and protection. See the University's Fraud Prevention Policy and Plan; http://www.adelaide.edu.au/policies/2803/

For further information or assistance contact: Anne Hill (Manager Risk Services) on 830 34603.