Author Archives: greg

#256 – RISK OF RANSOMWARE ATTACKS ON LOCAL GOVERNMENT – JAMES KLINE PHD CERM

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Introduction

In several previous Risk Insights, I discussed the need to view state and local government computer network as part of the national infrastructure.  This was needed because of the importance of the networks in providing and supporting basic services.  Further, by viewing these networks as part of the national infrastructure they become an important part of the overall federal effort to protect and defend the nation’s computer infrastructure.  This issue is so important that another paper is appropriate.  This piece extends the prior two pieces. Continue reading →

#256 – TURNING POINT IN ALZHEIMER’S RESEARCH – ALLEN TAYLOR

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A new discovery, announced in a Nature Medicine paper published on November 4, 2019, offers insight into the mystery of Alzheimer’s Disease (AD). The specter of AD is one of the most frightening aspects of growing older. The gradual erosion and final disappearance of the mental activity that defines personhood is much worse than a sudden, violent death. Continue reading →

#255 – PROJECT RISK MANAGEMENT: THE MOST IMPORTANT CORNERSTONE – JOHN AYERS

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Financial planners would advise you that the key to a successful retirement are four cornerstones:

  • Income
  • Liquidity
  • Security
  • Growth

I would advise you that the four knowledge cornerstones of effective project risk management are key to a successful project. They are:

  • Project Management
  • Earned Value Management
  • Risk management
  • Subcontract Management

Continue reading →

#255 – NEW SOUTH WALES MANDATES LOCAL GOVERNMENTS ADOPT ERM – JAMES KLINE PH.D. CERM

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In September 2019, the Local Government Department of the Australian State of New South Wales (NSW), issued “A New Risk Management And Internal Audit Framework” (1).  The Minister of Local Government in a forward to the framework states: “Formal risk management and internal audit is a vital part of the NSW Government’s plan to ensure that councils achieve their strategic objectives in the most efficient effective and economical manner.  Continue reading →

#255 – KISS: TAKING A SIMPLE APPROACH TO RISK MANAGEMENT – ANDREW SHEVES

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I like to keep things simple but there’s a paradox to simplicity – simple is hard. Sometimes, working out what the essentials are and how to do things efficiently isn’t just hard; it can seem like more work than just sticking with the complicated path in the first place. Continue reading →