A conceptual framework on establishing a risk management framework within existing university assessment and evaluation practices

A conceptual framework on establishing a risk management framework within existing university assessment and evaluation practices

Introducing risk management as an integrated component of university governance and administrative structures is still at a developmental phase because of the relative newness of the concept and the approach to it taken by TEQSA. Most of the experience is at the external governance level and in certain aspects of university administrative practice. This paper addresses the questions of what does a risk management framework look like at a university, how far down the organisation does a risk framework have to be incorporated into existing performance monitoring and reporting apparati and how it can be done. In light of a lack of specific examples in the current literature, the questions are addressed through the presentation of a conceptual framework describing issues that need to be considered and included in creating a risk management process.

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