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Risk Mitigation Planning and Creating Sustainable Risk Management Process

Risk Mitigation Planning and Creating Sustainable Risk Management Process

by Peter Blok | May 28, 2018 | Advanced Supply Chain Topics, Supply Chain Risk Management

  by Peter J Blok, PhD CSCP, CLTD, PMP, LSSMBB All mitigation strategies are not created equal. Most organizations have some risk mitigation strategies in place. Often, these are resident in different places depending on what elements of risks are being...
Is  Expected Monetary Value (EVM) Enough when Evaluating the Impact of Risk?

Is  Expected Monetary Value (EVM) Enough when Evaluating the Impact of Risk?

by Peter Blok | May 28, 2018 | Advanced Supply Chain Topics, Supply Chain Risk Management

by Peter J Blok, PhD,  CSCP, CLTD, LSSMBB, PMP     I’ve been discussing supply chain risk with my CSCP classes and with a few clients so it got me thinking. Conventional wisdom focuses on evaluating the severity of risk based upon Probability of Occurrence and...

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