Magazine

ISO 31000

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 well as environmental, safety and […]

Difficult economic environment requires good project risk management

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 the financial crisis, countries and […]

PPP is a mindset: not a way of building

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 are placed in light of […]

Will PPP survive the credit crunch?

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. As a reaction, private investments […]

Editorial

Author: Tom Wustenberghs, President PRIMO Europe Source: RISK Management & Governance, Edition 6, Summer 2010 It is very tempting to dedicate this editorial and this issue to the financial and economic crisis that we have been experiencing for almost two years and the effects this has on the budgets of public organisations. I will not do so. there has been […]

‘Xynthia’ and ‘Celine’: How many more of these storms can we take?

Author: Professor Eelco H. Dykstra Source: RISK Management & Governance, Edition 6, Summer 2010 As of February 2010, the twelve countries (Portugal, Spain, Andorra, France, Belgium, Switzerland, Germany, Luxemburg, Netherlands, Poland, Denmark and Sweden) affected by the European storm Xynthia now have a completely different take on the harrowing tale in the book “the storm” (ISBN: 9789013062533). Not only does […]

Public Private Partnerships in a time of economic crisis

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 well and widely represented by […]

Seizing the day

The impact of the global financial crisis on cities and local public services The ‘Great Recession’ has had a dramatic impact on the financial services sector and other areas of the private sector and highlighted the importance of the role of government at international and national levels in addressing global and systemic risks. But what has been the impact of […]

Adjusting to new policy demands on corporate boards

Our point of view In response to the financial crisis, policymakers around the world are actively considering corporate governance reforms to improve the effectiveness of boards of directors. Ernst & Young believes that effective boards are vital to well-governed and successful companies and strong capital markets. For this reason, boards should make the changes necessary to strengthen their governance and […]

Imagine

Scenario-based approaches to risk and crisis management By Eelco Dykstra Imagine the following. An earthquake measuring 7.3 on the Richter scale struck Haiti on 12 January 2010, causing catastrophic damage to Port-au-Prince, Jacmel and other settlements in the region, with numerous powerful aftershocks. It has been reported that there are up to 200.000 dead, 250.000 people wounded and more than 3 million […]

SymbioCity

Initiative of the Swedish Government and Swedish Industry SymbioCity is a network of Swedish companies and organisations. It was founded on the initiative of the Swedish Government and Swedish Industry. SymbioCity is administrated by The Swedish Trade Council, with offices in more than 60 countries around the world. Our headquarters is situated in Stockholm. Liveable SymbioCity Economy, environment and improved […]

From ‘policy’ to ‘practice’, what would you do?

“Fostering the international dialogue and exchange of information and best practices in risk, emergency and disaster management…” It sounds easy. Is it? How about different personalities, priorities, interests, semantics, terminology, jurisdictions, disciplines, cultures and language barriers? By Eelco Dykstra As a visiting professor of International Emergency Management first at the University of Kuopio in Finland and then in Washington D.C., […]

The Financial Crisis, an opportunity for balancing risks in Infrastructure Projects and Public Private Partnerships?

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, unsuccessful projects have increased by […]

Leadership, more than the sum total of parts…!

The position of municipal and provincial authorities (hereinafter local governments) in society at large is rather complex. This complexity is especially visible in the number of relationships maintained by local governments. For example, the many parties involved in project development. The complexity is also due to the additional tasks and innovations imposed on local governments in the last few years. […]

Improving the practice of risk management at Roosendaal

Roosendaal is a midsized town in the south of the Netherlands with a population of around 78,000 inhabitants, located between Rotterdam and Antwerp, Belgium. Almost three years ago the Municipality decided to improve its risk management practice. According to Dick Maaskant, Business Controller of the municipality, this decision was influenced by several internal and external forces. For example, risk management […]

Challenging Cooperation

For an effective strategy in risk management it is important to understand the context in which authorities are operating. To shed a light on this context, PRIMO Europe is doing an intercultural case study on risk management in two European countries – the Netherlands and France.  By Jossy Res Risks don’t stay within the borders of our own country. Especially […]

Johan Debyser: an interview

Johan Debyser is Cabinet governor of West Flanders. An interview on 9 juli 2009 by Marieke de Kort & Karl Vanderplaetse What is Risk Management? Often, risk management is perceived as emergency planning and fighting disasters. One of the greatest risks facing society at this moment is, of course, the financial crisis. However, we are also facing natural disasters such […]

Threat of major incidents and stakeholder pressure!

This a driving forces for increased focus on risk management in public sector. Conclusions of our survey. A survey of over 200 public entity organisations across has found that the need to deal with catastrophic and project risks is driving an increased focus on risk management by public entities. Over half the respondents to the survey, which was conducted by […]

Euro Mediterranean Risk Science Institute: a durable development through risk management By Didier Raciné

Our modern society represents numerous risks, of a new type, appearing in many different ways, global and massive. Because of these caracteristics it is necessary to react with a multi disciplinary approach of research and education. Facing a euro Mediterranean environment, each of the teachers and researchers in this workarea has an important role to play. This is the main […]

Global and Local risk management in Europe by Dr. Lynn Drennan

No matter the size of the public organisation – whether a large metropolitan city, a small community or the provider of a public service – in order to effectively manage risk, attention needs to be given to both local and global threats.   Currently, society is exposed to threats on an international scale from the possibility of flu pandemics, climate […]

Building for disaster

Over 100 international delegates, academics, experts and researchers from 22 different countries participated in a three day symposium hosted by the Department of Building and Civil Engineering of the University of Malta. This event marked the second phase of an International Technical Action involving co-operation in the field of scientific and technical research, supported by the European Commission research arm […]

Public Sector Research Report

The downturn in the global economy raises important questions about how organisations conduct their business – and particularly about how they assess and manage risk. In March 2009 Marsh has conducted a survey in cooperation with Ipsos Mori to find out how organisations have responded to the downturn in the Economy. The survey examined attitudes to riskmanagement in the current […]

Alarm National Performance Model for Risk Management in the Public Services

The eagerly awaited National Performance Model for Risk Management was launched by Alarm Director, Peter Andrews, at last Alarm Annual Conference in Bournemouth. The model sets out how public bodies can progress  their risk management maturity from engaging with the organisation to driving it. The Model will be supplemented by an in-depth question set that will allow public services to […]