Entreprise Risk Management Archives

How to Build Robust Asset Management Plans that Prepare You for the Unexpected

Build Robust Asset Management Plans that Prepare You for the Unexpected Asset Management (AM) refers to any system that monitors and maintains things of value to an entity or group. If the entity is an Enterprise, then the acronym EAM is used to define Enterprise Asset Management. AM may apply to both tangible assets such as the physical elements constituting an infrastructure, but also to intangible concepts such as intellectual property and goodwill. AM is a systematic process of operating,…

Investing-in, Lending-to or Managing a Corporation: to what extent does the point of view influence the ERM decision making process ?

In this post we will see to what extent does the point of view influence the ERM decision making process. We deploy the ORE (Optimum Risk Estimates, (C)Riskope) methodology. We want to enable the comparison of Management and Corporate decision making at ERM (Entreprise Risk Management) level. We selected ORE because common practice risk assessment techniques lack the acumen to enable the discussion to proceed. Common practice risk assessment techniques include methods such as FMECA, FMEA, Probability Impact graphs, etc. To…