(COSO), which is dedicated to providing thought leadership through the development of comprehensive frameworks and guidance on enterprise risk management, internal control, and fraud deterrence… Read More »COSO ERM: Do you make risk-adjusted decisions?
Third party risk management programs represent a key component in achieving strategic goals and mitigating risk. Event Subjectivity prevents the assessments from being used across… Read More »Third Party Risk Management: Does the communication method ensure member data is protected?
Project Risk Management: What are the costs and resource requirements of the transitional arrangements (if any)?
Project risk management is a project management activity that involves identifying, assessing, measuring, documenting, communicating, avoiding, mitigating, transferring, accepting, controlling and managing risk. Trigger … Read More »Project Risk Management: What are the costs and resource requirements of the transitional arrangements (if any)?
ERP is designed to improve data exchange among different functional areas of an organization with the primary aims of improving management efficiency and business benefit.… Read More »ERP: What familiarity of third parties are in scope for your organizations risk management program?
Software testing can also provide an objective, independent view of the software to allow the business to appreciate and understand the risks of software implementation.… Read More »Software Testing: What type of risk management are you buying?
The purpose of the risk management process varies from company to company, e.g, reduce risk or performance variability to an acceptable level, prevent unwanted surprises,… Read More »Third Party Risk Management: Does your organization use one or more Payment Applications?
When you have a detailed physical analysis of the early stages in the development program, rapid prototyping can reduce the risk of costly and critical… Read More »Rapid Application Development: What control activities you apply to the risk management process?
In some cases, management may deliberately choose to retain risk, especially when the business has a deep knowledge of the risk area and believes that… Read More »Third Party Risk Management: What are your General Computer Controls in place?
Third Party Risk Management: How does your organization go about making CTI relevant and actionable?
Drive efficiencies while maintaining security, privacy and harmonious relationships, singularly, relevant regulations, and available tools. Relevant Risk You support the entire sourcing process, from development… Read More »Third Party Risk Management: How does your organization go about making CTI relevant and actionable?
As the project schedule changes, the resource plan must also be flexible enough to adjust as akin changes occur, cost risk, typically escalation of project… Read More »Project Risk Management: Are enough systems & user personnel assigned to the project?