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May 17, 2008

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Risk Management
ALSO CALLED: Managing Risk, Enterprise Risk Management, Loss Management, Business Risk Analysis, and IT Risk Management DEFINITION: Enterprise risk management (ERM) is the process of planning, organizing, leading, and controlling the activities of an organization in order to minimizethe effects of risk on an organization's capital and earnings. Enterprise risk management expands the process to include not just risks associated with … Definition continues below.

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Project Risk Management sponsored by Risk Fighter SOFTWARE DEMO: Posted: 17 May 2005 \| Published: 01 May 2005 SUMMARY: Why is it that the risk tool - Risk Fighter does provide better project results? It's so simple. TOPICS: Project Management \| Risk Management

Foundstone Product Demo sponsored by Foundstone, Inc. PRODUCT DEMO: Posted: 29 Jun 2004 \| Published: 01 Jun 2004 SUMMARY:Foundstone Enterprise intelligently manages risk by balancing asset value, vulnerability severity and threat criticality. TOPICS: Network Management \| Network Security Software \| Risk Management \| Vulnerability Assessments

WelcomRisk Product Tour sponsored by Welcom SOFTWARE DEMO: Posted: 06 May 2004 \| Published: 01 May 2004 SUMMARY:This interactive Product Tour takes you through the main capabilities and benefits of WelcomRisk. It is organized into easy-to-navigate sections corresponding to the five phases of project risk management. TOPICS: Project Management Software \| Risk Management

Do You Know Your Total Cost of Risk? Or How to Reduce It? sponsored by SAFE Risk Management Systems, LLC SOFTWARE DEMO: Posted: 29 Apr 2004 \| Published: 28 Apr 2004 SUMMARY:Proprietary decision support software application tool is known as ERIC, or Enterprise Risk Integration Console. TOPICS: Dashboards \| Decision Support Databases \| Regulatory Compliance \| Risk Management \| Security Software \| Vulnerability Assessments

RISK MANAGEMENT DEFINITION (continued): … accidental losses, but also financial, strategic, operational, and other risks.

In recent years, external factors have fueled a heightened interest by organizations in ERM. Industry and government regulatory bodies, as well as investors, have begun to scrutinize companies' risk-management policies and procedures. In an increasing number of industries, boards of directors are required to review and report on the adequacy of risk-management processes in the organizations they administer.

Since …
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