Understanding the Fundamentals of a Risk Register
Risk registers are regarded as one of the most important documents and processes in operations management. This blog explains the importance and basics of a risk register. …
Key Steps to a Successful Enterprise Risk Management Program
Who is responsible for risk management? We all are! It is often perceived as a task that we must do. However, the most effective and successful risk management occurs when all key stakeholders and groups are involved. …
Leveraging Project Schedules to Perform Risk Analysis
In project management it’s difficult to predict the future, but you can certainly prepare for it. Every project, regardless of the size or scale, should perform a schedule risk analysis in order to improve its predictability, performance and prepare for unforeseen risks. …
3 Reasons Why Your Organization Needs to Standardize and Quantify Risk Assessments
Many organizations attempt to assess and manage project risks with a blank excel sheet registry. This daunting task can overwhelm project managers, leading them to only identify familiar risks, while disregarding a wider perspective of additional threats. …
Will the Brightest Places on Earth Shift to Renewable Energy?
When the sun sets and the lights go on, Earth’s man-made lights can be seen scattered throughout the globe and because of NASA’s astonishing photographs of our planet, we now know what places in the world illuminate the brightest. …
How the Human Body Can Energize Our Power Grid
According to Forbes, “Turning Body Heat into Electricity”, 100 watts is enough to power many of the electronics you use, such as your cellphone (about 1 watt) and your laptop (45 watts). …