One of the keys to a successful project is having a set of requirements that are well defined and stable. We’ve all worked on projects where a lack of defined and controlled requirements has led to scope creep which result in schedule delays. Continue reading
CERM RISK NEWS #35
#108 – RELIABILITY GOALS: 4 KEY ELEMENTS – FRED SCHENKELBERG
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The reliability target, objective, mission, or goal is the statement that provides a design team with focus and direction. A well-stated goal will establish the business connection to the technical decisions related to product durability expectations, while providing clarity across the organization and enabling a common language for discussing design, supply chain, and manufacturing decisions. Continue reading
#108 – WHAT IS ERM? – GREG HUTCHINS
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ERM is a relatively new concept. There is a robust discussion among experts what it really means. Common ERM elements in most definitions include:
- Follows a Governance, Risk, and Compliance (GRC) approach to business. Continue reading
#108 – INTEGRATING SUSTAINABILITY INTO TRADITIONAL EDUCATION: REVAMPING THE MBA – KELLY EISENHARDT
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Business school graduates who understand the concepts of sustainability and demonstrate practical knowledge, stand a better chance at landing positions with today’s leading companies. Continue reading