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TRG in the Board Room Blog

10 golden rules of project risk management (part 2)

Posted by Uyen Vu on

Risk management is an irreplaceable part of any enterprise in order to run every business project more effectively, safely as well as less costly. However, not all project managers have enough time, effort and teams to identify the risk correctly and take action ontime to prevent the risks to become real problems. In the last post, we discussed about the first 5 golden rules of project risk management. Today, we're going through the remaining 5 rules in risk management:

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Topics: Risk Management

10 golden rules of project risk management (part 1)

Posted by Uyen Vu on

Ever since the economy crisis in 2008 – 2009, organisations have to face with a lot of changes in order to adapt with the fluctuated environment as well as to ensure their survivals in the competitive market. Recent survey conducted by the Economist Intelligence Unit in March 2013 has found out that firms are slowing down their recovering process and paying more attention to risk management (Apostolik, R, 2013). As a result, effective and accurate risk alignment will help minimise the impact of threats, maintain project’s timeliness as well as keep the actual costs on track with the budget. Here are 10 golden rules to help managers to manage project risks effectively.

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Topics: Risk Management

Infographics – A GRC Guide (Governance, Risk and Compliance) to Organizations

Posted by Mohammed Nasser Barakat on

Infographics – A Governance, Risk and Compliance GRC Guide To Organizations – An infographic by the team at Corporate Governance Consultancy

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Topics: Risk Management

How to Run a Risk-free Business

Posted by Uyen Vu on

It should have been fun to run a business and profit from it. Business is still a great way for some entrepreneurs to create a legacy and profit from a system larger than one person. Yet, business has its risks. Whole you can work with some risks and mitigate them; some others are beyond our control. It’s the kind of risks that we can control what business owners have to think about.

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Topics: Corporate Performance Management CPM, Risk Management

TRG in the press after "Office of the CFO" event

Posted by Linh Dao on

Following TRG's seminar entitled "Office of the CFO: Change the way work is done", Saigon Entrepreneurs (Doanh Nhan Sai Gon) magazine and Business Forum (Dien Dan Doanh Nghiep) published their articles on the event as well as on some of the topics discussed by our event speakers, including:

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Topics: Corporate Performance Management CPM, CFOs, Enterprise Performance Management (EPM), Risk Management, Financial Accounting Management Software, Technology trends, TRG International, TRG PR & News

Measuring GRC benefits and the role of software

Posted by Thai Pham on

In the previous 2 entries, we discussed what Governance, Risk and Compliance means and how to effectively deploy a GRC plan. But how do you know you are on the right track and what GRC software tools are available to help you?

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Topics: Corporate Performance Management CPM, Enterprise Performance Management (EPM), Risk Management, Technology trends

Success factors of a governance, risk and compliance plan

Posted by Thai Pham on

In the previous post, we identified the key ideas and common misperceptions around a governance, risk and compliance framework. The executive management is in fact exerting the greatest pressure to improve GRC, followed by external regulators (KPMG, 2013). So what makes an effective GRC plan? Or what should organisations keep in mind to improve performance with GRC?

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Topics: Corporate Performance Management CPM, Enterprise Performance Management (EPM), Risk Management

Best practices in corporate risk management for Vietnamese companies

Posted by Rick Yvanovich on

In the last article, we have discussed the main areas of concern when it comes to enterprise risk management framework in Vietnamese companies. Apparently, they can learn a lot from their Western counterparts where risk and performance reporting to the board are integrated. Now, we will go over the best practices or practical application of corporate risk management in Vietnam.

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Topics: CIMA, Corporate Performance Management CPM, Risk Management, CGMA

Governance, Risk and Compliance framework: Context and definition

Posted by Thai Pham on

Corruptions, legal entanglements, business disruptions are some of the most prominent signs of poor governance, risk and compliance management (GRC) within an organisation. However, many companies are not fully aware of GRC, its importance, definition and best practices and would rather go with their hunch instead. This blog entry seeks to address the context for a governance, risk & compliance framework and what it really means.

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Topics: Corporate Performance Management CPM, Enterprise Performance Management (EPM), Risk Management

The pitfalls of Vietnam’s enterprise risk management framework

Posted by Rick Yvanovich on

As mentioned in the previous post, risk management has only begun to take shape in Vietnamese companies. The global economic recession has left many out of business, and for those who have sailed through the storm, there are lessons to be learned. In this entry, we will review some main issues with business risk management in Vietnam.

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Topics: CIMA, Corporate Performance Management CPM, Risk Management, CGMA

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 Rick Yvanovich
 /Founder & CEO/

With TRG International Blogs, it is our mission to be your preferred partner providing solutions that work and we will make sure to guide your business to greatness every day.

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