Blog:

Risk Decisions

The benefits of managing risk across multiple projects

Posted 22 April 2013 | 0 Comments

When managing a program or portfolio of multiple projects, risks have to be managed at a level appropriate for each individual project. With the right organisational structure and software in place, you can also view, monitor and manage risks across... Read More

Risk Decisions

Improving Project and Business Confidence

Posted 22 April 2012 | 0 Comments

Monte Carlo simulation uses repeated random sampling to calculate results about physical and mathematical systems. It uses uncertainty in its inputs to generate a range of possible outcomes, which are then reported as results with a degree of mathematical confidence. The method... Read More

Risk Decisions

Interfacing Earned Value and Risk Management

Posted 22 April 2012 | 0 Comments

Sound risk management process and robust earned value management (EVM) application each offer the opportunity to improve project control and provide the project manager with reliable information on which to base proactive management decisions. All too often the disciplines are... Read More

Risk Decisions

Using an Enterprise Risk Map to Find Risk Hotspots

Posted 22 April 2012 | 0 Comments

In a recent guidance paper regarding risk appetite and tolerance, the Institute of Risk Management highlighted the importance of the question: “Do the executives understand their aggregated and interlinked level of risk so they can determine whether it’s acceptable or... Read More

risk management in life sciences

Mature Approach to Risk Management in Life Sciences

Posted 22 February 2012 | 0 Comments

In an increasingly competitive and cost-sensitive environment, CROs need to be better informed on how risky a particular bid price might be (the probability of making a profit or loss). As well as the confidence of achieving milestones. Or risk... Read More

Risk Decisions

Assigning responsibility for managing risk, using Risk Management Clusters

Posted 27 April 2011 | 0 Comments

Introduction Most organisations aspire to practise effective Enterprise Risk Management (ERM), but very few are achieving it. Over the last decade, much effort has gone into implementing systems to comply with Sarbanes Oxley, COSO, Turnbull, Basel II, COBIT and other... Read More

Risk Decisions

What Risk Managers Need to Know to Establish an Enterprise Risk Structure

Posted 22 April 2011 | 0 Comments

“At companies that have a formal ERM program — by no means a majority – ERM is generally in a nascent stage. We believe that ERM eventually will not be a distinct discipline because it will become integrated with everyday... Read More

Risk Decisions

Five Steps to Enterprise Risk Management

Posted 22 April 2011 | 0 Comments

With the changing business environment brought on by events such as the global financial crisis, gone are the days of focussing only on operational and tactical risk management. Enterprise Risk Management (ERM), a framework for a business to assess its... Read More

Risk Decisions

Aligning projects and business objectives delivers value

Posted 22 April 2011 | 0 Comments

Organisations are taking up the challenge to improve risk management at all levels from project and operations to Enterprise Risk Management. The focus is to ensure that business objectives are met. However, there tends to be a gap in the... Read More

Risk Decisions

Making the Most of Predict! Risk Controller’s Excel Export capability

Posted 21 April 2011 | 0 Comments

Overview Predict! Risk Controller’s Excel Export capability allows you to export information about open or closed risks, actions, hierarchies and clusters to a Microsoft Excel spreadsheet. This gives you the option of using MS Excel’s familiar reporting and presentation methods... Read More

Thank You! You have now successfully subscribed to our blog