Author: Sabrina Baker-Boshuizen, Marsh Public Sector Europe Source: RISK Management & Governance, Edition 6, Summer 2010 The financial and European Sovereign debt crises have had a huge impact on infrastructure investments. Infrastructure projects require extensive capital investment and downgrades of government debt have made funding of infrastructure projects more expensive. Whereas at the beginning of [...]
Author: Harry Sterk, Director of the Dutch Network* for Public Private Partnerships Source: RISK Management & Governance, Edition 6, Summer 2010 The major differences between traditional and PPP projects are, according to Harry sterk, the way costs are defined and how building plans are made. With a PPP project the total costs of a project [...]
Author: Prof. dr. Geert Dewulf, Head of Departement Professor of Planning and Development Departement of Construction Management and Engineering University of Twente Source: RISK Management & Governance, Edition 6, Summer 2010 Today, governments are confronted with increasing budget deficits. While governments have less money available big investments in infrastructure are planned to stimulate economic growth. [...]
A waste of time or a calculated risk? Source: RISK Management & Governance, Edition 6, Summer 2010 On Thursday June 10 2010 PRIMO Europe organized its own round table. The meeting was very well attended. Over 50 people from not just the public but also the private sector attended the meeting. The private sector was [...]
For the combination of the political, social environmental, social, legal and the technical complexity of Public Private Partnerships, Competitive Dialogue is an adequate procedure to enhance the total quality and governance of PPP. This was brought forward during the PRIMO Round Table in Brussels, the 10th of June 2010. It is consequently a risk management [...]
In it’s summer “The Art of Risk Management” round table, scheduled for the 10th of June 2010 in Brussels, PRIMO Europe focusses on Partnership risk. This is seen as one of the main risks by Public Entities, according the Risk Survey that Marsh and PRIMO Europe conducted last year. The survey shows that 59% of [...]
Partnership risk is seen as one of the main risks by Public Entities in the Risk Survey that Marsh and PRIMO Europe conducted in the third quarter of 2009. The survey shows that 59% of participants rate partnership risk significant – a similar amount as for public liability and business continuity risks. All over Europe, [...]
“As we face up to the worst recession for decades, the OECD is working to help governments soften the impact of this crisis for those who will be worst hit and to lay the foundations of a stronger global economy for the generations to come. Our strategic response to the crisis covers two main areas. [...]
Managing the people side of risk
Companies can create a powerful risk culture without turning the organization upside down. By Alexis Krivkovich and Cindy Levy for McKinsey & Company Insights & Publications Most executives take managing risk quite seriously, the better to avoid the kinds of crises that can destroy value, ruin reputations, and even bring a company down. Especially in the wake [...]
Global Risk Management Survey 2013
Aon’s 2013 Global Risk Management Survey report is part of this process, capturing the latest risk trends and priorities facing companies around the world. The report unveiled the top 10 risks now and three years in the future. Conducted in Q4 2012, the web-based survey gathered input from 1,415 respondents — a 47 percent increase [...]
By Daniel Cressey for Nature “Across the globe, hives of honeybees are dying off in a phenomenon known as colony collapse disorder. Among the proposed culprits are pesticides called neonicotinoids, which are supposed to be less harmful to beneficial insects and mammals than the previous generation of chemicals. Debate over neonicotinoids has become fierce. Conservation groups and [...]
The economic crisis in Spain has led to an increased awareness among senior executives of how risk must be managed globally. Read more > Leer más > (en espagñol) Source: Strategic Risk
A framework in development By Ed Mallens and Jack P. Kruf The International Organization for Standardization (ISO) has worked on the ISO 31000 as referential framework for risk management in organizations. The setting has been outlined by ISO very clearly: “Risks affecting organizations can have consequences in terms of economic performance and professional reputation, as [...]
