Thomas AndrewsProject & Risk Management Consultant| PM/RM WorksLong Beach WA, United States
Any examples of enterprise risk management processes being conducted? Saving Changes...
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Abu Bakar UsmanAn Independent Certified Coach, Teacher and Speaker| John Maxwell TeamIslamabad, Punjab, Pakistan
Risk management is done at all levels of enterprise. From making a space ship to the development of products, Risk management has always been the first priority. It saves cost and help to complete the projects within given scope. Examples are Boing, Apple , GM and GE all have efficient risk management methodologies emplaced to earn huge profits. Saving Changes...
Elizabeth HarrinDirector| RebelsGuideToPM.comLondon, England, United Kingdom
Thomas, see if you can find something on the Heathrow Terminal 5 risk management processes. I saw a presentation on them once by David Hancock (I think) and I thought they were a good example of risk management done well. Saving Changes...
Thomas AndrewsProject & Risk Management Consultant| PM/RM WorksLong Beach WA, United States
I did find a Heathrow Terminal 5 article on risk management. Thank you Elizabeth! Interesting article on integration of risk is attached. Saving Changes...
Thomas AndrewsProject & Risk Management Consultant| PM/RM WorksLong Beach WA, United States
Yes Irfan. All good examples. I have noted that the aircraft manufacturing industry seems to be very active in the use of enterprise risk management. I saw an interesing presentation by the european airbus manufacturing conglomerate last year during International Project Management Day that provided good insight into how they developed an ERM process. Saving Changes...