Awareness Session on Risk Management

College of Economics and Business Administration (CEBA)

Awareness Session on Risk Management

            To enhance the Business Staff’s understanding and practices in identifying, assessing and mitigating risk in the university, the Risk Management Committee, in collaboration with Staff Development Committee of the Department of Economics and Business Administration, conducted a comprehensive workshop on Risk Management on October 2, 2025, at 2:00 PM at BS132. The session covered key topics essential for enhancing organizational risk awareness and mitigation strategies.

            Mr. Antonio Manalang began the workshop by exploring various risk categories, providing participants with a clear understanding of different types of risks the university faces. This was followed by an in-depth discussion on risk classification and description, its probability of occurrence and consequences, and its treatment or response.

            Participants were then introduced to TARA Methodology and ESEA Methodology. These frameworks provide structured approaches for identifying, analyzing, and addressing threats systematically.

            The session also reviewed the status of implementation for existing risk management initiatives, encouraging staff to evaluate ongoing efforts critically. Finally, Mr. Mohammed Riyas wrapped up the session with a message to complete the worksheet containing RMC’s risk treatment and events log properly to ensure continuous improvement.

By: SDC