Enterprise Risk and Resilience
Risk Assessment Toolbox
Introduction
The University Of California Office Of Risk Services has several Excel-based risk assessment tools which are available to UC employees and the public. Each of these tools has been constructed to support your risk assessment activities. To find out more about our tools, please contact the ERM Service Desk for information.
Keep in mind that risk assessments and any risk management decisions will only be as effective as the accuracy of the data provided by the users. Final decisions should be made independently by each organization using these tools. Since any final decision must be made by the user, the University of California cannot be held responsible for the results or consequences of the use of these tools.
| Tools for Everyone | Description |
|---|---|
|
Higher Education Risk Assessment Tool Higher Education Risk Assessment Tool Webinar |
This tool is a detailed risk assessment that helps the user to identify estimated impact and likelihood for each item on a pre-determined list of risks an institution of higher education may face from a strategic, financial, operational, compliance, reputational, and reporting risk perspective. The tool also helps the user estimate the effectiveness of current controls and suggests whether each risk is poorly controlled, potentially poorly controlled, adequately controlled, or potentially over-controlled. |
| This tool will help you consider the factors affecting the risks faced by your organization, including the likelihood of an adverse event, time to impact, injury severity, financial severity, and control effectiveness for a list of risks you create. | |
|
Control Structure Assessment Tool Control Structure Assessment Tool Webinar |
This tool builds upon other risk assessment tools and will help you consider not only the impact and likelihood for a selected list of risks, but also help you evaluate the effectiveness of current controls and whether any changes may be required to bring the list of risks within your risk appetite. The purpose of this tool is not to ensure all risks are rated as "Adequately Controlled" but rather to help departments assess their control structure for sufficiency given their environment, resources, and bandwidth. |
| This tool will help you consider the strategic, financial, operational, compliance, reporting and reputational risks associated with an initiative or project. It will also suggest whether each risk is poorly controlled, potentially poorly controlled, adequately controlled, or potentially over-controlled based on assumptions of risk frequency, risk severity, and control effectiveness. | |
| Budget Changes Tool Webinar | This tool will help you consider budget related risks and understand potential benefits of each budget reduction option to help make more informed decisions. |
| UC Risk Appetite Definition and Assessment of Risks (UC RADAR) | The UC Risk Appetite Definition and Assessment of Risks (UC RADAR) workbook is an advanced-level ERM tool. It will help your campus/location determine how much potential risk you are willing to accept in the pursuit of achieving objectives (risk appetite). |
| New Initiative Risk Review Workbook | Helps you consider the strategic, financial, operational, compliance, reporting, and reputational risks associated with a new initiative or project. |
| Unit Risk Workbook | Helps you consider the factors affecting the risks faced by your Campus or Medical Center location. It will help you compare the benefits and risks of each option so you can make informed decisions. |
| Library Collections Risk Model | Workbook to help minimize risks of collection loss and maximize return on UC's investment in information assets. |