UMass Leads an Award-Winning ERM Program
The University of Massachusetts Systemwide Enterprise Risk Management Program was recognized by the Public Risk Management Association (PRIMA) with the 2024 Outstanding Achievement in Enterprise Risk Management Award.
About the Systemwide Enterprise Risk Management Program
The purpose of the University of Massachusetts Systemwide Enterprise Risk Management (ERM) Program is to establish a comprehensive framework for university leadership to identify, assess and document how existing and emerging risks are managed, coordinate risk-informed decision-making and enhance transparency and efficiency across the University system.
The objectives of the program are:
- Identify and assess risks with impacts across the University system
- Inform and influence the coordination and prioritization of activities to reduce risk exposure
- Increase the transparency of risk and associated risk mitigation strategies
- Inform decision-making
Additionally, the ERM Program facilitates:
- Collaboration across the system on the development and implementation of certain health, safety, and security plans and programs.
- Communication by being the primary point of contact for the President's Office on domestic and international emergencies.