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?
Risk management has been under a lot of scrutiny in the past decade, largely due to the increasing regulatory requirements that are becoming key to… Read More »Key Risk Indicator: Why you should use risk management?
In the end, all of that cumulative residual risk should be evaluated before launching any new product or service, identifying risks is the first and… Read More »Compliance Management: Are there any new risks that should be considered for the risk register?
Need for your organization to develop an understanding of risks and risk control and to be responsive to internal and external change, ultimately, your organization… Read More »Compliance Management: What should you do to reduce the risk?
Quality control ensures production of quality products which is immensely helpful in attracting more customers for the product thereby increasing sales, the quality of its… Read More »Quality of Service: Is the quality of your service consistent end to end?
Assessing risk at the project, portfolio, and business levels helps you understand risk, make better decisions, negotiate fair contracts, create risk mitigation scenarios, and improve… Read More »Project Risk Management: What are some common trade-offs in project management?
Therefore, when a contract administrator is assigned to the project, the project manager _____ the contract, depending on the risk tolerance of your key stakeholders… Read More »Project Risk Management: How should the project manager proceed?
The configuration management system maintains one or more configuration management databases, and each database stores attributes of configuration items, and relationships with other configuration items,… Read More »CMDB: How are changes to configuration managed?
Technology Process Improvement: Is it possible to proceed to the final step of the risk management process?
Capital budgeting methods relate to decisions on whether a client should invest in a long-term project, capital facilities and equipment, and if the invention is… Read More »Technology Process Improvement: Is it possible to proceed to the final step of the risk management process?