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Getting It Done: Project Management in Action by Project Management Institute

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Beyond Project Risks

To mitigate wider-ranging risks, organizations take an enterprise-wide approach.

Joel Crook, PMP, PgMP

From rockets to national nuclear security, my work has shown me that risk threatens far more than cost, scope and schedule. Wider-ranging risks—including to an organization's reputation, workers’ safety, a country's security and the environment—permeate everything defense and aerospace organizations do, whether strategic or tactical. To proactively manage risk, organizations in these and other fields are increasingly implementing enterprise risk management (ERM).

ERM is a risk-based approach to managing an organization in any industry, and it can be highly effective in supporting strategic planning, controlling risk ...

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