Examples of Risk Areas

Relevant linked resources:

Risk Assessment Ranking Tool
Risk Register Template
How to Develop a Risk Register

This document should be used as a resource to develop the risk register to support entrepreneurial and
joint collaboration type activities. This is not to be considered an inclusive list and should be used at the
discretion of the Contract Owner.

Sources of Risk

When identifying risks, all sources of potential risk should be considered. Some sources of risk are
generic to all organizations. These include:

'People' Risks, including:

• Human Resource Management practices
• Recruitment
• Training & Development
• OH&S (occupational health and safety)
• Hazard Management
• Labour or Job Action
• Health
• Fraud, Corruption & Crime - as it may relate to cash handling, purchasing or signing authorities

Environmental Risks, including:

• Natural Hazards
• Technological Hazards
• Security
• Hazardous and Toxic Materials (e.g. chemicals, asbestos, gas etc.)
• Public health (e.g. Legionella, food safety etc.)
• Emergency/ Disaster Management
• Environment
• Waste and Refuse

Organizational Management Risks, including:

• Finance
• Insurance
• Workers Compensation
• Public Liability
• Legal Relationships
• International financial relationships and events
• Market Competition
• Commercial/ Business/ Contractual/ Consultancy Activities and Interruptions
• Property and Physical Assets
• Information Technology/ Computer Systems
• Business Continuity Resumption

Institution Specific Risks as they relate to the activity:

Page 1 of 2
Examples of Risk Areas

• Educational/ Teaching Operations (distance, on-campus, online, etc.)

• Research Activities
• Copyright and Intellectual Property
• Technicality of Operation
• Experience within Faculties
• Appropriate Administrative Oversight
• Overseas Partnerships and Activities
• Provincial Education Policies or Mandates
• Academic and Research Reputation
• Community Credibility
• Grants
• Bequests
• Overseas Students
• Student Liability
• Home Visits (Psychology, Social Work, Nursing & Mental Health students), Industry/ field visits
(Nursing, etc.) and work placements.

Page 2 of 2