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OPM Consulting LLC
+1.302.894.8492
113 Barksdale Professional Center Newark, DE 19711, USA

Risk Management


 

 

 

 

Risk Management

 

 

 

 

OPMC is different in that we are specialized in the Organizational Project Management (OPM) consultancy which simply combines project portfolio management and strategy management. Our services span the entire domains within your organizations, Project, Program, Portfolio, Strategy and most importantly People.
 
We can support your organization to make the bridge between its projects and its strategic objectives.
 
We are committed to helping our clients get their organizations back on track or to transform from good to great.
OPMC offers a wide range of management services which support the organizational improvement and development , however, our emphasis is on three major areas:

 

 

 

 

 

 

Project Risk Management

 

Risk is an important aspect of the organization’s project, program, operation and strategy. It is a fact, not just a saying that all projects are subject to risk. However, very few organizations demonstrate the application of standardized risk management on their projects. This can be a major constraint to the success of any project – or even to the success of the organization’s strategy.

 

Improving the application of project risk management within an organization involves three main objectives:

 

  • Developing the capability of identifying and analyzing risk, at the early project phases while it’s not too late to influence it
  • Embedding the the risk management practices into the other project management processes.
  • Introducing the Senior management, Project managers and other project team members to project risk management.

 

 

 


 

 

 

 

Business Risk Management

 

The business environment over the past few years has been characterized by an unprecedented series of issues, surprises, and negative events that have increased the focus on the (in)adequacy of organizations’ governance, risk, and control activities at Board, Executive and operational levels.

 

A well governed, risk managed and compliant organization delivers sustained value for its shareholders in accordance with agreed strategic objectives, making governance and risk management key ingredients to successful strategy execution.  In our experience, strategies are often developed and executed without due consideration to strategic risks (i.e., those risks that could prevent the strategy from being realized).  Organizations, while increasingly equipped to manage compliance, are not so equipped to measure and manage strategic and operational risk in a systematic way.  Without this capability, organizations lack the means to predict and respond to significant risks that could undermine the strategy.  Sound governance enables strategy by ensuring the organization has the appropriate policies, structures, authorities and delegations that explicitly address the link between strategy and risk.

 

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