Office of Enterprise Risk Management
What We Do
As the Enterprise Risk Management department at McMaster University, a Top-down approach has been taken fostering the building of a strong linkage with the University's core mission and strategic priorities to generating a small number of critical current and emerging risks that have been considered to have the greatest impact on the University.

Enterprise Risk Management is a best practice that is being embraced by higher education institutions. Below are the principles that make the Enterprise Risk Management program come to life at McMaster:

Enterprise Risk Management (ERM) Approach at McMaster

  1. a university-wide risk management process applied in a strategic and operational objective setting across the university,
  2. designed to identify potential events that may positively or negatively affect the institution, and
  3. designed to manage the risks so they are within the university's defined risk appetite, thus contributing to the assurance that the institution's objectives can be achieved.