On July 29, 2022, the International Financial Reporting Standards (IFRS), issued a draft report on Climate Related Financial Reporting. This piece looks at the draft and its relationship to Enterprise Risk Management (ERM). Continue reading
The pandemic and subsequent supply chain disruptions have been harsh reminders of the need for manufacturers to create or update their business continuity plan (BCP). Disruptions of some sort are likely, and manufacturers must be prepared for all types of scenarios including natural disasters, technical failures and cyberattacks. Continue reading
Once word got out that I was taking graduate-level courses in statistics, I dreaded the knock on the door. Colleagues, some of which I knew and others from some far reach of the company, would ask if I could take a look at their data. I didn’t learn the necessary first steps with a stack of data in class. Continue reading
It’s not where you start, it’s where you end up!
Some people are trained, others are coached, and the majority are simply thrown into the deep end of learning how to be a project risk manager. No two people’s journey into project risk is ever the same. Unfortunately, there are no quick routes to learning how to be a project risk manager, but there are a few key elements that every risk manager should be aware of. Continue reading
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he U.S. Department of Commerce’s National Institute of Standards and Technology (NIST) has released its Artificial Intelligence Risk Management Framework (AI RMF 1.0), a guidance document for voluntary use by organizations designing, developing, deploying or using AI systems to help manage the many risks of AI technologies. Continue reading