Enterprise Risk Management

Enterprise Risk Management is George Mason University’s overarching process designed to provide a methodology, a common language, and a set of standards to identify, evaluate, prioritize, manage (proactively and continuously), and report real and potential threats and opportunities that affect the achievement of the University’s mission and strategic objectives.

The Enterprise Risk Management Council (ERM Council) at George Mason University is responsible for establishing the ERM program, as well as identifying and providing insight on enterprise risk management and mitigation. This Council will foster a cohesive approach to assist Mason in sustaining its competitive advantage, solidifying its integrity and reputation, responding effectively when a significant event occurs, avoiding financial surprises, and effectively managing university resources.