Risks to Riches: Risk management Return on Investment

摘要

How effective is your risk management process? Risk management return on investment is the ratio of savings to cost that indicates the value of performing risk managment. This paper presents a standard definition for measuring risk management return on investment: ROI_((RM)). Application of this measure on two case studies provides examples of large software programs with excellent risk management results. Both case studies report ROI_((RM)) at over 20 to 1, which is risk management nirvana. To achieve these results, the people worked hard-risk management does not make difficult work go away.