Description
Chapter 12 presented the approach Intuit uses to measure the effectiveness of their ERM, and chapter 15 presented the process the City of Edmonton employed to develop and deploy their ERM. You are an ERM consultant, retained by Intuit to re-implement their ERM. They have decided to start over and develop a new ERM for their current organization. Would you recommend that the base their new ERM on PM2 Risk Scorecard or ISO 31000? Explain why you would choose one over the other.
Requirements:
Provide a minimum of 500 words,single spaced and 3 references.
Proper APA Format (References & Citations)/No plagiarism.
Textbook:
Fraser, J., Simkins, B.& Narvaez, K. (2014). Implementing enterprise risk management: Case studies
and best practices. John Wiley & Sons.
Explanation & Answer
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Running head: ERP
1
Enterprise Risk Management
Institutional Affiliation
Name
Course
Instructor
Date
ERP
2
Enterprise Risk Management
Risks and uncertainties are prevalent components in the dynamic business environment
that surrounds current events and future outcomes. Enterprise Risk Management (ERP) comes
into play for general good management and an important discipline in best practice governance
and gaining recognition. Fraser, Simkins & Narvaez (2014) defined ERP is the practice of
assessment after identification of ills or risks that affirm the firms value collectively. At the same
time, this involves the implementation of a wide strategy for the firm in an effort to ma...
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