The Project Risk Maturity Model

The Project Risk Maturity Model PDF Author: Mr Martin Hopkinson
Publisher: Gower Publishing, Ltd.
ISBN: 1409458954
Category : Business & Economics
Languages : en
Pages : 272

Get Book Here

Book Description
Top businesses recognise risk management as a core feature of their project management process and approach to the governance of projects. However, a mature risk management process is required in order to realise its benefits; one that takes into account the design and implementation of the process and the skills, experience and culture of the people who use it. To be mature in the way you manage risk you need an accepted framework to assess your risk management maturity, allowing you to benchmark against a recognised standard. A structured pathway for improvement is also needed, not just telling you where you are now, but describing the steps required to reach the next level. The Project Risk Maturity Model detailed here provides such an assessment framework and development pathway. It can be used to benchmark your project risk processes and support the introduction of effective in-house project risk management. Using this model, implementation and improvement of project risk management can be managed effectively to ensure that the expected benefits are achieved in a way that is appropriate to the needs of each organisation. Martin Hopkinson has developed The Project Risk Maturity Model into a robust framework, and this book allows you to access and apply his insights and experience. A key feature is a CD containing a working copy of the QinetiQ Project Risk Maturity Model (RMM). This will enable you to undertake maturity assessments for as many projects as you choose. The RMM has been proven over a period of 10 years, with at least 250 maturity assessments on projects and programmes with a total value exceeding £60 billion. A case study in the book demonstrates how it has been used to deliver significant and measurable benefits to the performance of major projects.

The Project Risk Maturity Model

The Project Risk Maturity Model PDF Author: Mr Martin Hopkinson
Publisher: Gower Publishing, Ltd.
ISBN: 1409458954
Category : Business & Economics
Languages : en
Pages : 272

Get Book Here

Book Description
Top businesses recognise risk management as a core feature of their project management process and approach to the governance of projects. However, a mature risk management process is required in order to realise its benefits; one that takes into account the design and implementation of the process and the skills, experience and culture of the people who use it. To be mature in the way you manage risk you need an accepted framework to assess your risk management maturity, allowing you to benchmark against a recognised standard. A structured pathway for improvement is also needed, not just telling you where you are now, but describing the steps required to reach the next level. The Project Risk Maturity Model detailed here provides such an assessment framework and development pathway. It can be used to benchmark your project risk processes and support the introduction of effective in-house project risk management. Using this model, implementation and improvement of project risk management can be managed effectively to ensure that the expected benefits are achieved in a way that is appropriate to the needs of each organisation. Martin Hopkinson has developed The Project Risk Maturity Model into a robust framework, and this book allows you to access and apply his insights and experience. A key feature is a CD containing a working copy of the QinetiQ Project Risk Maturity Model (RMM). This will enable you to undertake maturity assessments for as many projects as you choose. The RMM has been proven over a period of 10 years, with at least 250 maturity assessments on projects and programmes with a total value exceeding £60 billion. A case study in the book demonstrates how it has been used to deliver significant and measurable benefits to the performance of major projects.

The Project Risk Maturity Model

The Project Risk Maturity Model PDF Author: Martin Hopkinson
Publisher: Gower Publishing, Ltd.
ISBN: 9780566088797
Category : Business & Economics
Languages : en
Pages : 272

Get Book Here

Book Description
Martin Hopkinson equips you with the ability to assess the capability of your organisation's risk management process on four distinct levels. This enables you to assess whether your current level of risk management is appropriate for the nature and scale of the projects you are undertaking. Using an objective measure of risk management capability is extremely valuable for organisations, both the private and public sector need to demonstrate good project governance. The Project Risk Maturity Model provides a measure for progress in the ongoing development of project managers and teams.Includes a free copy of the Project Risk Maturity Model Programme on CD allowing you to perform an unlimited number of your own maturity assessments.

Application of Enterprise Risk Management at Airports

Application of Enterprise Risk Management at Airports PDF Author:
Publisher: Transportation Research Board
ISBN: 0309258510
Category : Airports
Languages : en
Pages : 73

Get Book Here

Book Description
TRB's Airport Cooperative Research Program (ACRP) Report 74: Application of Enterprise Risk Management at Airports summarizes the principles and benefits of enterprise risk management (ERM) and its application to airports. The report discusses implementation of the iterative ERM process, including roles and responsibilities from airport governing boards to all staff members. The project that developed ACRP Report 74 also developed an electronic tool that can be used to support the ERM process by creating a risk score and a risk map that can be used to identify mitigation strategies. The tool is included in CD-ROM format with the print version of the report.

Project Management Maturity Model

Project Management Maturity Model PDF Author: J. Kent Crawford
Publisher: CRC Press
ISBN: 0849379466
Category : Business & Economics
Languages : en
Pages : 250

Get Book Here

Book Description
Assisting organizations in improving their project management processes, the Project Management Maturity Model defines the industry standard for measuring project management maturity.Project Management Maturity Model, Second Edition provides a roadmap showing organizations how to move to higher levels of organizational behavior, improving

Risk Management Maturity

Risk Management Maturity PDF Author: Sylwia Bąk
Publisher: Taylor & Francis
ISBN: 1000818683
Category : Business & Economics
Languages : en
Pages : 89

Get Book Here

Book Description
Crises like the COVID-19 pandemic are wake-up calls for enterprises to review their current risk management models. This book suggests a more robust risk management maturity model and illustrates the application in crisis situations. The book surveys existing risk management maturity models and proposes a new model appropriate for assessing the risk management processes in enterprises during times of crisis. Its key advantages include the correlation of its attributes with crisis situations and an innovative methodological approach to model development. The authors use the model to examine 107 enterprises from the financial services, construction and IT sector, showing how it allows the user to identify risk management maturity changes in the aftermath of the COVID-19 pandemic. The book will interest entrepreneurs, managers and risk management professionals, who can use the model in their management processes, as well as enterprise stakeholders and academics. The Open Access version of this book, available at www.taylorfrancis.com, has been made available under a Creative Commons Attribution- Non Commercial-No Derivatives 4.0 license.

World-Class Risk Management

World-Class Risk Management PDF Author: Norman Marks
Publisher: Createspace Independent Publishing Platform
ISBN: 9781511997775
Category : Business enterprises
Languages : en
Pages : 0

Get Book Here

Book Description
Considers why many top executives do not link risk management to organisational effectiveness. Examines how risk relates to strategy-setting and identifies each risk management activity. Advises that risk is an integral part of day-to-day management rather than a periodic exercise.

HBR Guide to Making Better Decisions

HBR Guide to Making Better Decisions PDF Author: Harvard Business Review
Publisher: Harvard Business Press
ISBN: 1633698165
Category : Business & Economics
Languages : en
Pages : 152

Get Book Here

Book Description
Learn how to make better; faster decisions. You make decisions every day--from prioritizing your to-do list to choosing which long-term innovation projects to pursue. But most decisions don't have a clear-cut answer, and assessing the alternatives and the risks involved can be overwhelming. You need a smarter approach to making the best choice possible. The HBR Guide to Making Better Decisions provides practical tips and advice to help you generate more-creative ideas, evaluate your alternatives fairly, and make the final call with confidence. You'll learn how to: Overcome the cognitive biases that can skew your thinking Look at problems in new ways Manage the trade-offs between options Balance data with your own judgment React appropriately when you've made a bad choice Communicate your decision--and overcome any resistance Arm yourself with the advice you need to succeed on the job, from a source you trust. Packed with how-to essentials from leading experts, the HBR Guides provide smart answers to your most pressing work challenges.

Risk Management Maturity Assessment at Central Banks

Risk Management Maturity Assessment at Central Banks PDF Author: Elie Chamoun
Publisher: International Monetary Fund
ISBN: 1513521993
Category : Business & Economics
Languages : en
Pages : 27

Get Book Here

Book Description
Effective risk management at central banks is best enabled by a sound framework embedded throughout the organization that supports the design and execution of risk management activities. To evaluate the risk management practices at a central bank, the Safeguards Assessments Division of the IMF’s Finance Department developed a tool that facilitates stocktaking of elements that are present and categorizes the function based on its maturity. Tailored recommendations are then provided to the central bank which provide a roadmap to advance the risk management function.

Corporate Value of Enterprise Risk Management

Corporate Value of Enterprise Risk Management PDF Author: Sim Segal
Publisher: John Wiley & Sons
ISBN: 1118023307
Category : Business & Economics
Languages : en
Pages : 439

Get Book Here

Book Description
The ultimate guide to maximizing shareholder value through ERM The first book to introduce an emerging approach synthesizing ERM and value-based management, Corporate Value of Enterprise Risk Management clarifies ERM as a strategic business management approach that enhances strategic planning and other decision-making processes. A hot topic in the wake of a series of corporate scandals as well as the financial crisis Looks at ERM as a way to deliver on the promise of balancing risk and return A practical guide for corporate Chief Risk Officers (CROs) and other business professionals seeking to successfully implement ERM ERM is here to stay. Sharing his unique insights and experiences as a recognized global thought leader in this field, author Sim Segal offers world-class guidance on how your business can successfully implement ERM to protect and increase shareholder value.

Process Management and Organizational Process Maturity

Process Management and Organizational Process Maturity PDF Author: Anna Kosieradzka
Publisher: Springer Nature
ISBN: 3030668002
Category : Business & Economics
Languages : en
Pages : 272

Get Book Here

Book Description
This book addresses the need for a better understanding of the design, implementation and improvement of process management. It presents and organizes concepts and problems in the field of process management, and indicates supporting tools assigned to each of the four basic stages of the process life cycle (modeling, implementation, verification and perfection). By comparing non-economic and economic organisations, the authors demonstrate that a uniform approach to process management (one that does not take into account the specifics of an organizations goals) is ineffective; instead, process management needs to account for the individuality of an organisation. This book will appeal to researchers studying process and organizational excellence.