ERIC Number: ED364985
Record Type: Non-Journal
Publication Date: 1994-Feb
Reference Count: N/A
Risk Management. ERIC Digest, Number 86.
The ordinary conduct of school business is accompanied today by risks that were rare or unknown a few decades ago. This ERIC Digest discusses how risk management, a concept long used by corporate decision makers, can help school boards and administrators conserve their districts' assets. Risk management is a coordinated effort to protect an organization's human, physical, and financial assets. The Digest describes how school districts can identify and evaluate risks and delineates various loss-control activities that help to reduce or eliminate risks. It also discusses the ways in which districts can finance unavoidable risks, usually through the purchase of insurance. Finally, the factors of an effective risk-management program are identified. (LMI)
Descriptors: Cost Effectiveness, Decision Making, Educational Finance, Educational Planning, Elementary Secondary Education, Legal Problems, Long Range Planning, Management Systems, Risk
ERIC Clearinghouse on Educational Management, University of Oregon, 1787 Agate Street, Eugene, OR 97403 (free; $2.50 postage and handling).
Publication Type: ERIC Publications; Guides - Non-Classroom; ERIC Digests in Full Text
Education Level: N/A
Sponsor: Office of Educational Research and Improvement (ED), Washington, DC.
Authoring Institution: ERIC Clearinghouse on Educational Management, Eugene, OR.