Category Archives: Tips&Tools@Risk™

#37 – RISK AND COMPLIANCE – GEARY SIKICH

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Risk management is not compliance; however, compliance can serve as a basis for the management of risks.  A risk management program that overlooks compliance or underplays the significance of being in compliance puts the enterprise at risk.  That said, risks and the managing of risk is not directly related to compliance; rather risk management is related to ensuring that the organization’s strategy, goals and objectives are achieved by buffering risk from being realized. Continue reading →

#36 – SOME THOUGHTS ON FMEA’S AND UNKNOWN RISKS – JAMES LAMPRECHT

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Jim LamprechtAnyone who has conducted a search on ‘risk analysis’, ‘managing risk’, ‘risk management’ or any other permutation would have discovered that the subject of risk analysis has been around for a very long time and has been covered by numerous authors.  Still, the daunting challenge remains; how can one conduct process risk analysis without the help of a PhD in statistics?  Continue reading →

#36 – REMOTE AUDITING -THE RISE OF THE CYBER AUDITOR – ROBERT GIBSON

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It is hard to find an industry or profession that has not used the technological advancements of the last 10 years to improve its systems and services.  The risk of failure and falling behind competitors has driven many companies towards the rapid adoption of new tools in order to bring an innovative approach to their operations.  The products are innovative and so, in turn, are the processes of the organisations that use them to improve their performance. Continue reading →

#33 – FIVE RULES FOR PROJECT SUCCESS OR STOP THE INSANITY! – MALCOLM PEART

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Malcom Peart pixThere are many articles about project failure, troubled projects, and project success.   There is also a tendency to desire the ‘top five’ or ‘top ten’ reasons why something unexpected happened in our constant search for brevity. Continue reading →

#32 – THE RISK OF KNOWING TOO MUCH – MARK MOORE

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Mark MooreI had a similar thought about two completely different things recently.  The first is merely an example from life – its’ one of those things that you really don’t want to think about and if you can avoid knowing it at all (which means you should skip the next paragraph) that’s probably a good thing.

The second comes from material I’ve been preparing to teach a class on testing.  But, I don’t want to get ahead of myself …

So,is it possible to know too much and does that knowledge put you at risk or at least a disadvantage? Continue reading →