What makes enterprise risk management (ERM) different from project or team-based approaches to risk management? While many of the principles are the same, there are some core differences that you should consider as you introduce risk management on an enterprise-wide basis. In this article, we’ll look at the ways that ERM builds on and differs […]
Risk Management
What Does a Risk Committee Do?
A risk committee is an important part of risk governance across the organization. But what is it and what does it do? At the corporate level, the risk committee is there to assist the board with strategic risk management at an organizational level. For many companies, risk is one of the responsibilities of the audit […]
Workshop Techniques for Risk Management
What Workshop Techniques for Risk Management Do You Use? Risk workshops are a common way of kicking off the risk management process, either for a project, program or as an activity as part of corporate risk management. Workshops are fantastic as the team comes together to share their expertise, helping you uncover more and get […]
What Does a Risk Manager Do?
The risk manager’s role is key to ensuring the business is proactively thinking about and planning for future events. Risk management is more than ever an essential part of how you run your business. While you might not be able to see one of Nassim Nicholas Taleb’s ‘black swans’ coming, you can take reasonable steps […]
When Should You Do Training in Risk Management?
Most companies have a program for risk management training, but when was the last time you looked at it? There are lots of opportunities for full and refresher risk management training in your business, and ensuring your staff are well-equipped to identify and deal with risk is a major factor in ensuring business stability. Risk […]
The Risk Management Process Explained
The risk management process is an essential part of the overall way your organization responds to risk. And when the business environment feels inherently risky – such as in times of economic turbulence, transition or disruption – it’s worth taking a little time to review your risk management approach. Your risk management framework is the […]
What is a Risk Management Maturity Assessment?
Risk Management Maturity Risk management allows your business to improve the way it delivers projects and programs. It helps to make sure the work you are doing is realistic and correctly estimated, with a level of business risk appropriate to both the work and the company’s appetite for taking risks. But risk management isn’t something […]
9 Benefits of Risk Workshops
9 Benefits of Risk Workshops If there’s one thing we hear time and time again from project leaders it’s, “We didn’t see that coming.” Risk management isn’t 100% guaranteed to spot every black swan on the horizon but it is a very good starting point for helping teams see what could be around the corner. […]
5 Criteria for Choosing Risk Management Training for Projects
5 Criteria for Choosing Risk Management Training for Projects Project risk management is an important part of being able to lead change initiatives successfully. And risk management goes beyond the project level. Organizations with high levels of risk management maturity typically consider risk at the project, program, portfolio and enterprise levels. There are lots of […]
15 Risk Management Interview Questions
Whether you are recruiting for a Business Risk Director, a risk analyst or a team leader with a significant focus on risk management, it’s important to ask the right risk management interview questions to find the best candidate. Here are 15 risk management interview questions that you can use for sourcing the perfect candidate for […]