In 2014/2015, Zittau/Görlitz University of Applied Sciences introduced a university-wide risk management system and continues to develop it. The legal basis for this is Section 7 (1) of the Saxon Higher Education Tax Ordinance in conjunction with the current grant agreement between the Saxon state government and the state universities in Saxony (Part III/No. 3). As part of this process, the strategic and operational risks specific to the university were first identified on the basis of a survey of the rectorate and the heads of the individual basic/structural units of the university.
The identified risks of the university are summarized in the form of a risk inventory . They are regularly assessed by an internal university working group (risk management working group) and ranked using an evaluation matrix. The risk matrix structures the risks according to their need for action in three categories (category 1 = high risk, category 2 = medium risk, category 3 = low risk). All risks in categories 1 and 2 are assigned strategies for risk management and control as well as suitable measures.
The results of the regular risk assessments are incorporated into an annual risk report, which is a separate annex to the management report and thus forms part of the university's annual financial statements in accordance with Section 12 of the Saxon Higher Education Act. The risk report is therefore reviewed and approved by the Rectorate and ultimately also by the University Council. The annual financial statements and annexes are submitted to the State Ministry of Science and the Arts (SMWK) in accordance with Section 13 of the Saxon Higher Education Finance Ordinance.
The annual risk reports from 2014 onwards are accessible to university employees via the intranet .
The permanent anchoring of risk management at the university is ensured by responsibilities at central and decentralized level.
