Risk Decision Support / Risk Informed Decision Making
The ERM team provides consultation and risk decision support services to all departments and faculties within the university to manage risk at the local / unit level. Risk consultation is an effective way to align prioritization of departmental objectives and projects with the McMaster’s Institutional Priorities and Strategic Framework.
Risk consultation can be on a broad array of topics including but not limited to management of risks in a new project or study, managing the overall unit’s operating risks or managing an incident or issue that has come to pass.
Support in scaling and customizing the university’s institutional ERM framework to a department or faculty approach is also available and will be an ongoing priority for the McMaster Chief Risk Office.
If you would like consultation on a current project or incident, or would like to discuss options to scale the university’s institutional ERM framework to an individual department or unit, please contact the Chief Risk Office.
Contract Reviews
All McMaster University contracts must be reviewed by one of the following departments:
- Office of Legal Services (business and commercial contracts)
- Procurement (purchasing goods, services, or temporary rental of space)
- Vice-President of Research or MILO (sponsored research, grants, and contracts for research activities)
Following review by the teams above, the Chief Risk Office is available to provide contract / agreement review services pertaining to insurance provisions in contracts, to all members of the McMaster community.
Staff and Faculty are also encouraged to reference the ‘Minimum Contractor Requirements’ document when drafting and reviewing any contracts.