Enterprise Risk Management

The Enterprise Risk Management (ERM) Framework directs how the University of Lethbridge will establish and maintain a comprehensive ERM program, supported throughout the organization, and dedicated to providing greater confidence in the achievement of strategic objectives through the sharing of relevant and timely information about uncertainties and outcomes.

The framework ensures that information about risk derived from the risk management process is adequately supported and used a a basis for decision making at relevant organizational levels.

Enterprise Risk Management is governed by the ERM Policy. Accountability for ERM implementation and continuous improvement is prescrived by that Policy.