There is widespread agreement across the pharmaceutical industry that the vast majority of trials fail to meet their timeline targets. This article makes the case that a significant part of...
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BAE Systems Plc spends more than £10 billion a year with 25,000 suppliers around the world. In this article Keith Roach, Head of Enterprise Risk Management, explains the importance of working...
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...
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...
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...
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)....
Pharmaceutical-technology.com – November 2011 Although pharmaceutical companies rely heavily on contractors, the industry is still new to the world of outsourcing. Risk management strategies across parts of the pharmaceutical supply...
"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...
With the changing business environment brought on by events such as the global financial crisis, gone are the days of focusing only on operational and tactical risk management. Enterprise Risk...
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...
The disciplines of planning and risk management are closely linked. They provide the project manager with a blueprint of what should and shouldn’t happen. Since they are intrinsically linked, it's...
Criticality and cruciality are terms that might have been invented to make risk management more confusing. They're right up there with quantitative and qualitative as an awkward couple! Monte Carlo...
You would have thought that recent events in the financial markets would have shaken the business world out of its complacency, and injected a healthy dose of reality regarding the...
