Taking sensible, calculated risks is essential for St Mary’s to achieve its strategic aims and academic mission. The University has a responsible approach to risk management, seeking to recognise and manage exposure to risks, while accepting a degree of risk in line with potential reward.
St Mary's has a formalised risk management framework which is based on sector best practice. The Risk Management Policy and Procedure provides the detail of the risk management framework for the University:
The University's risk management framework is overseen by Audit Committee (a committee of the University Board of Governors) and is managed by the Risk Management Group (RMG) who report to UEC and SLT. RMG consists of senior managers from across the Academic and Professional services.
- RMG Terms of Reference (under review)
The Strategic Planning team coordinates the Risk Management process for the University. For further information contact planning@stmarys.ac.uk.