Risk Management
Risk management principles are integrated into the day to day operation of Charles Sturt University.
CSU staff are expected to be effective managers of opportunity and risk.
Application
CSU's risk management policy, guidance and training materials should be applied to:
- Further empower managers and members of staff;
- Strengthen and align decision making and planning processes;
- Analyse and, where necessary, improve the quality of teaching, research, and administrative processes;
- Provide the level of institutional quality assurance needed to reduce a wide array of centrally driven rules, procedures and authorisation processes;
- Support the management of projects and commercial activities ;
- Demonstrate compliance with a wide range of regulations and funding body requirements; and
- Ensure a safe and healthy campus environment.
Limitations
Risk management has a component of intuitive judgment and does not pretend to be a foolproof science.
Risk management methodologies need to be straight forward, fit for purpose and cost effective. Risk assessments and risk registers add most value when they focus on priorities and avoid unnecessary detail.
Risk management should not be viewed as an add-on reporting requirement. It is equally important not to view risk registers as expensive dust catchers. Indeed, formal risk management processes should be avoided unless they are developed with a clear practical purpose in mind.
Database for CSU Risk Registers
CSU risk management templates may be completed using a Risk Register Database that has been developed by the Office of Planning and Audit. The Risk Register Database will hold risk registers at a single point to facilitate upwards reporting, University wide assessment and cross faculty/budget centre learning.
The database may be accessed at the following link. Click here
Please contact Paul Ranby on ph 34363 or email
or for technical assitance Richard Newell on ph 84667 or email
Key Documents
Strategic Risk Assesment
Risk Management Framework- CSU Policy (draft)
- How to complete a CSU Risk Register
- Business Continuity Planning
See resources for links to other documents