Improving Project Decision Making and Reducing Exposure Through Risk Management

  • Source: Deltek, Inc.
  • Written By:
  • Published:
  • (Originally Published On:) )
Formalized risk management is underused in project management, where the focus is typically on schedule and budget. This affects most aspects of a project, including evaluation, selection, planning, execution, and control. How many project decisions are made without formally evaluating the potential consequences? When budgets are tight and competition is fierce, this question is more relevant than ever.

Featured Software Research:

How Offshore Drilling Companies Realize ROI on an EAM Software Investment

  • Source: IFS
  • Written By:
  • Published:
Rig owners and operators today have an increased focus on asset integrity management (AIM) and risk management, and are reassessing their investments in enterprise asset management (EAM) software to ensure they have applications in place that are properly implemented and functional, ensure compliance with regulations, and adopt AIM best practices. This white paper discusses the EAM software features that can play a role in software project ROI for drilling contractors as well as specific, discrete... Read More

Selecting ERP for Oil and Gas Industry Contractors and Vendors

  • Source: IFS
  • Written By:
  • Published:
Suppliers to the oil and gas industry are under more pressure than ever before to increase quality, collaborate closely with the customer, and take on more project risk. Learn how enterprise resource planning (ERP) helps engineers procure construction companies, equipment fabricators, and service providers to meet the new demands from oil and gas companies. Download this white paper to learn more. Read More

You may also be interested in these related documents:

Managing Performance, Risk, and Compliance for Better Business Results

  • Source: SAP
  • Written By:
  • Published:
Confronted by globalization and volatile markets, today’s companies face a challenging and often risky business climate. Explore how to ensure alignment between your company's strategic objectives and risk management/compliance policies; how to mitigate all types of business risk and maintain a proper risk/reward balance; and how to ensure continuous compliance with regulatory requirements and internal policies. Read More

Managing Risk through Financial Processes: Embedding Governance, Risk, and Compliance

  • Source: The Economist
  • Written By:
  • Published:
Initiatives to automate and streamline financial processes often focus more on reducing costs than adding value. Adding the kind of value you should have in your financial processes stands at the heart of a broader initiative known as governance, risk, and compliance (GRC). Learn why embedding the components of GRC within your financial processes can help you track financial flows and alert you when things might go awry. Read More

The Two Faces of Risk: Cultivating Risk Intelligence for Competitive Advantage

You needn’t be a seer or sage to perceive risk—it’s as predictable and devastating as a Florida hurricane and as far-reaching as a corporate scandal. But you do need to be a visionary to see the underside of the risk coin. This side represents opportunity, competitiveness, and growth. Find out why insight into managing two types of risk, rewarded and unrewarded, can help you explore opportunities for growth and profit. Read More
 
comments powered by Disqus