The Paradox of a Predictable Failure in Risk Management

The current crisis the world fell into two years ago had certainly the widest range of qualifying attributes: financial, economic, social, industrial, and maybe lethal as it dramatically affected and eventually destroyed lives beyond the point of no return. Described by contemporary economists as the worst ever crisis experienced by America for a hundred years, […]

Strengthening the CFO’s Role in Strategic Risk Management

Strengthening the CFO’s role in strategic risk management to lead Capital intensive business in market volatility Capital Intensive Businesses Capital-intensive business exists with lower margins. Management is always expecting Return on Capital Employed (ROCE) above the cost of capital. The major businesses are Oil & Gas, Infrastructure, Construction, IT etc. Market Volatility Challenges Market volatility, […]

Enterprise Risk Management and the PMBOK

enterprise Risk Management is a term used to describe a holistic approach to managing the risks and opportunities that the organization must manage intelligently in order to create maximum value for their shareholders. The foundation for the approach is the alignment of the organization’s management of risks and opportunities to their goals and objectives. One […]

Risk Management on Projects

How does project risk management differ from any other type of risk management? Well in most regards it doesn’t. However, as this is a project focused activity it helps simplify the overall focus by looking only at the core project fundamentals of scope – which are cost, quality and time. Remember that, I may test […]