Risk Management Models
Risk management concepts are fundamentally the same despite their definitions, and they require similar skills, tools, and methodologies. Several models can be used for managing risk through its various phases. Two models are presented here: the first can be applied to managing risks in general, and the second is tailored for managing risk in software projects.
Key Performance Indicators (KPIs)
The development of KPIs to monitor performance of systems and processes is critical to effective risk management. If you can’t measure performance, you have to rely on more subjective measures. Examples of KPIs for an enterprise resource planning (ERP) system such as Oracle E-Business Suite or SAP Business Suite could include any ...
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