Risk Management in Higher Education

Risk management in higher education involves identifying, assessing, and addressing potential issues that could adversely affect students, staff, and the institution’s reputation or operations. This includes planning for financial uncertainties, safety concerns, legal liabilities, and academic challenges. The goal is to minimize negative impacts by implementing policies, safety measures, and contingency plans. Effective risk management helps universities operate smoothly, protect stakeholders, and ensure a safe, stable environment conducive to learning and growth.