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 […]

New Magazine PRIMO Europe

Welcome to “Risk Management & Governance”, our new European magazine for public leaders, managers, specialists and advisors working in the public ‘risk’ domain. We hope hereby to contribute to a better awareness, dissemination of knowledge and sharing of experiences and best practices in Europe, underlining that risk management is a key factor for good public management and governance. Please download […]

The Art of Risk Management

Amsterdam is midway through the construction project of the north-south metro line (photo © ANP). The 8-year project began in 2002 and is costing €1.7billion, double the figure projected in 1996! But there are hugh problems realizing it. Where the risks underestimated? The contracts not well designed? Council and alderman amateurs? The managers, planners and civil engineers inadequate or not […]

3rd General Assembly 2008

Dear members, It is our pleasure to send you hereby a summary of the 3rd General Assembly of PRIMO Europe, held on the 12th of December 2008 in Brussels. As you may know we founded PRIMO Europe on the 6th of December 2007 as an International Non-Profit Association, based in Brussels and working under Belgian Law. Our thanks goes to […]