Examining Core Elements of International Research Collaboration Summary of a Workshop (2011) / Chapter Skim
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6 Risk Management
6 Risk Management
Pages 43-48
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From page 43... ...
The panel will explore specific issues relating to risk management in the international setting." (Workshop Agenda) 6.1 INTERNATIONAL COOPERATION ON RISK MANAGEMENT1 Manning Muntzing, A Founder and Director of the International Risk Governance Council (IRGC)
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From page 44... ...
Scientific merit is addressed through many internal and external processes at NIH, so the focus of risk management is on operational areas that support science such as finance, grants, information technology, radiation safety, and animal welfare. A basic concept is that risk is the uncertainty around a future outcome.
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From page 45... ...
Figure 6-1 illustrates NIH's risk management methodology. Several issues are apparent in implementing this methodology.
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Manage • Develop and execute Corrective Action Plans to address problems or gaps. FIGURE 6-1 NIH risk management program, methodology The NIH Risk Management methodology is a customized six-step approach that provides a standard means of addressing risks and assessing internal controls.
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The BP oil spill of 2010 showed how difficult it is to cope with low likelihood-high consequence risks. 6.4 SAMPLE PERSPECTIVES FROM THE BREAKOUT SESSION ON RISK MANAGEMENT The context for the Risk Management breakout session was set by a paraphrase of the Sufi sage Mulla Nasrudin: "Good judgment comes from experience.
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From page 48... ...
They may lack awareness of centers of excellence outside the United States. Students can drive internationalization and encourage reluc tant faculty to modify the curriculum or to give credit for courses taken elsewhere.
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