There are moments in any effort where you get the sense that the people, outputs, or efforts are out of control. You don’t know precisely when it happened, but you do recognize that you have a limited ability to sway the outcomes. In such situations, you may want to take a page from the General Accountability Office’s (GAO’s) report on the Federal Communications Commission’s (FCC’s) E-Rate program. The GAO review of potential fraud in the program is a classic object lesson in raising red flags earlier, rather than later, in risk prevention and mitigation.
Tag: risk management
Managing Risk in the Federal Space
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Read MoreThere are moments in any effort where you get the sense that the people, outputs, or efforts are out of control. You don’t know precisely when it happened, but you do recognize that you have a limited ability to sway the outcomes. In such situations, you may want to take a page from the General Accountability Office’s (GAO’s) report on the Federal Communications Commission’s (FCC’s) E-Rate program. The GAO review of potential fraud in the program is a classic object lesson in raising red flags earlier, rather than later, in risk prevention and mitigation.
Making Friends with Risk: How to Be a Champion for Your Program During the Administration Change
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Read More“With Mick [Mulvaney] at the head of OMB, my administration is going to make smart choices about America’s budget, bring new accountability to our federal government, and renew the American taxpayer’s trust in how their money is spent,” announced President-elect Donald Trump in mid-December.
Technology, Risk and Change Management
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Read MoreSometimes it feels like technology can solve all of our organization’s problems. Organizations of all sizes regularly make major technology investments in an attempt to realize productivity growth and performance improvement as well as conform to regulatory requirements. Organizations have transformed their accounting, customer service, marketing, human resources, web-content and many other business functions by adopting new systems, the results of which have been highly variable and often necessitate even more change in the future. Today the pace of technological advance continues to accelerate and organizations feel like they need to respond to take advantage of the potential productivity gains. Competition is fierce and organizations that do not invest fear they could be left behind. The risks of missing out on opportunities created by technology can appear larger than the risks of implementation, though the reality is not so clear.
Three Pillars of Project Management
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Read MoreI continually research project management “success factors” – those things successful projects do better than other projects. If success was just about getting a project management certification, I would think there would be a correlation between the increase in project management certifications and an increase in successful projects. I contend we are getting better at delivering successful projects, however, I feel there are still major obstacles in being successful.
Common Risk Ailment: Risk Blindness
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Read MoreFor many businesses, much of their risk-taking is embodied in the projects they perform. The medical metaphor can be helpful to explain recurrent issues, using a recognized medical condition to shed light on a difficulty that causes people to be ineffective in the way they manage risk. By drawing parallels between the medical condition and the risk management problem, I explore why it matters and how it can be addressed.