Roberts Wesleyan College Roberts Wesleyan College Roberts Wesleyan College
 
 

About Us

Risk management
Is the process of measuring, or assessing risk and then developing strategies to manage the risk. In ideal risk management, a prioritization process is followed whereby the risks with the greatest loss and the greatest probability of occurring are handled first, and risks with lower probability of occurrence and lower loss are handled later.

Risk transfer
Means causing another party to accept the risk, typically by contract. Insurance is one type of risk transfer. Other times it may involve contract language that transfers a risk to another party without the payment of an insurance premium. Liability among construction or other contractors is very often transferred this way.

Goal
The goal of the Risk Management Office is to make sure everyone involved has a safe and fun environment to work, study, visit, and live.  Risk Management is the process of advising individuals, departments, organizations of potential and perceived risks related to activities they may be involved in.  The awareness of these risks extend to the supervisory personnel of the activities; and are encouraged to take corrective or proactive steps to minimize possible accidental injury and/or loss.  When putting together an activity, careful planning and precautions are necessary to avoid situations that may jeopardize their standing as a department or organization on campus.