With today’s unforgiving economy, the topic of risk management of major programs and the maturity of general project management within an organization is dominating discussion among senior management, executive leadership and boards.
What is project risk management?
Project risk management is not limited to one specific activity or task. Rather, it formalizes the risk monitoring process and provides project managers (PMs), management and the board with a framework for measuring project risk and milestones. Continue »
Each year, the Merchants Bonding Company™Leaderboard Program salutes agency partners who have demonstrated their surety savvy and collaboration for growth. We salute Lamair-Mulock-Condon Company of West Des Moines, IA for attaining the Champions Tour of surety professionals. Congratulations to Joe Schmit, Mark Keairnes and Nancy Schwarz for surety professionalism in 2012. Merchants Bonding has partnered with Lamair-Mulock-Condon Company for over a decade. We thank them for the successes we’ve had together and recognize them for sharing our common sense vision. See our online salute to Lamair-Mulock-Condon Company of West Des Moines, IA here. Continue »
An emergency preparedness plan can help maintain control during an emergency and help the injured employee receive the right level of care as quickly as possible. Continue »
The second annual World Risk Day (WRD) on May 14, 2013 is the only annual event focused on increasing global awareness of the importance of effective risk management to all types of organizations. The event, themed “Shattering the Project Myth,” will feature a free global Virtual Summit of high-impact speakers, live social media discussions, and an online resource center providing the latest thinking on risk and project management. Project management experts, risk professionals and business executives from around the world are invited to participate in the free World Risk Day Virtual Summit. Continue »
FMI’s research consultant Rick Tison and Michael Davis, director of Professional Liability Products at Zurich North America Construction, continue the dialogue on changes in today’s challenging operating environment and how new techniques, delivery methods, and construction materials are changing the game of managing risk in the construction process and how best-of-class firms are responding.
Like most industries, the insurance business is cyclical. Although it is affected by the general business climate, it ebbs and flows as a result of unique factors.