Construction is a complex process that requires the use of many different tools. Some of these tools are more important than others, and knowing which ones are essential can make a big difference in the success of your construction project. Construction equipment and supplies lists are provided to help install or repair the buildings in … Read more
PEP(Politically exposed person pep) is an individual who has been entrusted with a prominent public function. This could be a government official, someone who works for a state-owned enterprise, or even a prominent political figure. Because of their positions of power, PEPs are often targets for bribery and corruption. As a result, they may engage … Read more
You may have heard the term “campaign project manager” and wondered what exactly that job entails. In short, a campaign project manager is responsible for planning and executing marketing campaigns from start to finish. This includes everything from developing the initial concept to ensuring that all deliverables are met within the timeframe and budget set … Read more
Explore the critical distinctions between Disaster Recovery (DR) and Business Continuity (BC) plans in this informative guide. While both concepts aim to protect your organization from potential disruptions, they serve different purposes and require unique strategies. Understanding these differences is essential to ensure your organization is adequately prepared for unforeseen challenges. Dive into the key … Read more
The term “business resilience” gets thrown around often, but what does it mean? In short, business resilience is the ability of a company to withstand and recover from a major disruptive event. This could be anything from a natural disaster to a cyberattack. Disruptive events can cause significant damage to a business, both in terms … Read more
Business continuity is “the capability of the organization to continue delivery of products or services at acceptable predefined levels following a disruptive incident” (ISO 22301:2012, British Standards Institution). In layman’s terms, the main purpose of business continuity is the ability of an organization to keep functioning during and after an emergency or major event. Emergencies and … Read more
A project communication plan ensures timely and effective communication to project stakeholders. The communication plan should answer who needs what information when it is needed, and how it will be distributed. Creating a project communication plan early in the project lifecycle will save time and frustration later. Before creating a project communication plan, it is … Read more
The Committee of Sponsoring Organizations of the Treadway Commission (COSO) is a private sector initiative that guides internal control and enterprise risk management. The COSO framework is a widely used approach for managing these risks by internal auditors. The framework comprises five components: control environment, risk assessment, control activities, information and communication, and monitoring. Each … Read more
Business compliance refers to all applicable laws, regulations, and company policies. For many businesses, compliance is a key part of their operations. Failure to comply with applicable laws and regulations can result in heavy fines, legal action, and reputational damage. Moreover, an organization needs a successful corporate compliance program to mitigate compliance risk. A chief … Read more
ERM, or enterprise risk management, is a systematic process for identifying and addressing an organization’s risks. The goal of ERM is to protect and create value for the organization by driving strategic decision-making and action. ERM provides a framework for identifying, assessing, and responding to risks across the enterprise. It helps organizations to identify potential … Read more
A business impact analysis (BIA) is used to determine and evaluate the potential effects of an interruption to critical business operations due to a disaster, accident, or another event. The BIA identifies the components of a business that are essential to its survival and recovery following an incident and defines the tolerable period of disruption … Read more
A business continuity plan is important for any business, but it is especially critical for a credit repair business. The goal of a business continuity plan is to keep the business running in the event of an emergency, such as a natural disaster or data breach. A credit repair business must be able to quickly … Read more
