The European University Institute’s (EUI) Risk Management Framework is structured in three sections: The Risk Management Policy, outlining the guiding principles; the Risk Management Process, outlining the practical implementation of Risk Management; and corresponding annexes.
This framework formalises a structured approach to managing risk across all units of the EUI, both administrative and academic, as part of the Internal Control Framework. It aims to assist the organisation in integrating risk management into its strategic planning, annual reporting, and the budgetary cycle.
In addition, the framework seeks to foster a culture of risk management across the planning, monitoring and reporting of EUI’s activities at all levels.
A permanent Central Risk Register has been established in accordance with SG Decision No. 5/2021, while IAO has given several respective presentations for training purposes.
Page last updated on 18 October 2021