The University Risk Management Council (URMC) administers a structured approach to risk management that identifies and manages, to an acceptable level, the key risks that may adversely affect the University’s ability to achieve its goals and objectives. The Council reports to the President and the Harvard Corporation's Joint Committee on Inspection regarding the effectiveness of the University’s risk management program. The URMC works with Harvard's schools and central administration units on continuous improvement of the University’s capabilities around managing priority risks.
The URMC meets quarterly and is co-chaired by the Executive Vice President and Deputy Provost. Membership is comprised of senior administrators and faculty from across Harvard University.