Risk management is the process which aims to help organisations understand, evaluate and take action on all their risks with a view to increasing the probability of their success and reducing the likelihood of failure.
At UCL, each faculty and division has a Risk Management Champion who is responsible for responding to departmental risk enquiries and updating the local risk register. Local risk registers are reviewed twice each year.
The Risk Management Working Group is responsible for updating the strategic risk register and meets twice each year. Audit Committee hold overall responsibility for approving the strategic risk register.
UCL staff can access the latest risk management guidance and templates, including the planning timetable within the Planning SharePoint site (access required).