ERM Resources

Your Resource for ERM Guidance

Enterprise risk management (ERM) in higher education is a holistic, strategic approach to identifying, assessing, and managing risks that could impact an institution’s mission, reputation, finances, and long-term sustainability. Unlike traditional, siloed risk management, ERM looks across the entire campus enterprise—academic programs, research, student life, operations, compliance, and governance—to understand how risks intersect and how opportunities can be responsibly pursued. When done well, ERM supports informed decision-making and helps leadership navigate an increasingly complex and rapidly changing higher education landscape.

This resource hub is designed for risk managers at every stage of their ERM journey—from those just getting started to seasoned practitioners looking to refine and expand their programs. Here you’ll find practical tools, frameworks, examples, and thought leadership tailored specifically to colleges and universities. Whether you’re building an ERM program from the ground up or strengthening a mature one, these resources are meant to help you create value, foster collaboration, and embed risk awareness into the culture of your institution.

Key Resources

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Risk Assessment Template

Access this template of the risk assessment process that could be modified and used to help identify a risk score for risks that can then be used to compare and prioritize your risk management. 

Risk Assessment Template

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High Stakes Risk Appetite & Tolerance: Tackling ERM Challenges

Learn how integrating risk appetite and tolerance into operations strengthens risk management frameworks, even for risks that exceed acceptable thresholds.

Study Risk Appetites

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New Initiative Checklist

This checklist is meant to be used to facilitate risk management engagement in the review and analysis of new initiatives at the enterprise-wide and operational levels of the institution and to encourage collaboration.

View the Checklist

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Sample ERM Committee Charters

View these charters other higher education institutions are using as their ERM committees and utilize parts to formulate your own ERM committee charter.

Review Samples from Institutions

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ERM Maturity Models

Learn how ERM maturity models can elevate your ERM program.

Study ERM Maturity Models

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