Enterprise Risk and Opportunity Management

Chapter 5Management and Implementation of EROM at the Institutional/Technical Level (Technical Centers or Directorates)

5.1 EROM from a Technical Center's Perspective

As discussed previously in Section 1.1.7, EROM can be applied separately to management units within a TRIO enterprise so long as the objectives of each management unit are consistent with the objectives of the enterprise as a whole, and the cross-cutting risks and opportunities are handled consistently. Since the top objectives of a technical center or technical directorate are derived from the TRIO enterprise's strategic objectives, the top objectives of the center are consonant with those of the enterprise in all areas where the center's roles align with the enterprise's responsibilities.

To support the TRIO enterprise's strategic objectives, technical centers may have multiple roles. They may act as managers of programs and projects that are assigned to them by the program directorates, as contributors to programs and projects as requested when another technical center has management responsibilities, as preservers of core competencies required to support programs and projects, as preservers of other core competencies mandated by the executive level, and as support agents for special needs levied on the enterprise by other entities such as the federal government. In the role of managers of programs and projects assigned to them, they may also act as integrators and arbitrators of an extended organization that ...