Dr. Hardy is an expert risk management professional with extensive experience in the public sector. Dr. Hardy is the co-founder of the Association for Federal Enterprise Risk Management and served on the U.S. Technical Advisory Group for ISO 31000. She has worked at Citibank and the White House Office of Management and Budget. Continue reading
Covid-19 is spiking everywhere. Entire countries are reverting to hard lockdowns. Current disease spread shows that staged re-openings ordered by governments have been premature. As a result, in most countries, infections now are far higher than they were when lockdowns were first imposed back in the spring. In light of all this, what do the recent announcements of 95% effective vaccines mean? Are we about to win the battle against Covid-19 or not? Continue reading
John Ayers has a BS in Mechanical Engineering and a MS in Engineering Management. He is a member of Project Management Institute. He has managed large highly technical development projects for the private sector and the Department of Defense. Professionally he has held positions such as Director of Programs, Director of Operations, Project Engineer and Design Engineer. He writes a weekly column for CERM. He also writes a monthly blog for Association of Project Managers. His book “Project Risk Management” is available on Amazon. Continue reading
These days, you can find a slurry of memes and motivational graphics on social media alluding to the concept that you must always beat out your competition in business. But contrary to popular belief, competing with other businesses is actually quite counterproductive, especially in the post-pandemic “new normal” we face – something we never expected to be facing as we entered this new decade. Continue reading
1. INTRODUCTION
Risk, value and cost are terms that have been especially prevalent in quality management literature over recent years. A recent review of over one hundred years of published writings relating to quality revealed them to be themes that always underscored much of quality theory and practice. While references to the economics of quality have remained quite consistent over that time, however, value and risk are keywords that have substantially increased in their occurrence during the present century. Continue reading