Additional ERM research conducted using resources from internal audit, internal control, board governance, and higher education perspectives and review of ERM programs at 29 institutions
2011
ERM Advisory Committee Co-Chairs and Deputy Compliance Officer interview senior ̽̽ officials to identify risks and opportunities facing ̽̽
ERM program purpose and goals, guiding principles, framework, roles and responsibilities, and institutional risk philosophy statement approved by Board of Trustees ERM Working Group, Audit Committee, and Committee of the Whole
2012
̽̽’s first version of the “Guide to Risk Assessment & Response (PDF)” (including assessment scales and heat map) developed and piloted with Provost-requested risk assessment of “International Enrollment” initiative.
ERM becomes part of the University’s Office of Compliance and Privacy Services with the Director of Compliance Services and Chief Privacy Officer taking over the day-to-day oversight and management of the ERM program.
Enterprise Risk Management Advisory Committee (ERMAC) merges with the Operational Compliance and Privacy Committee and changes its name to form the Enterprise Risk Management and Operational Compliance Committee (ERMOCC).
2022
The ERM program is given a “re-boot” that includes updated reference materials, an updated Guide to Risk Assessment & Response (PDF) (including assessment scales and heat map) and a biennial project plan.