ERM – Guide for effectively linking Performance Measures, Risk Management, and Process Improvement 

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ERM - Guide for effectively linking Performance Measures, Risk Management, and Process Improvement 


Funding

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Research Period

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Description

Great research has been done to help integrate Asset Management, Performance Management and Risk Management (NCHRP 08-113) and for implementing Enterprise Risk Management (NCHRP 20-24(105)). Agencies often have programs (performance management, Risk management, and process improvement) that operate separately but are linked rather linearly. Performance management shows where we’ve been, Risk management highlights what would inhibit us from achieving a desired future, and process improvement links well to development of mitigation measures. In the vein of the above-mentioned research, a guide to step from one area to another would make these programs more effective and linked within the agency.


Literature Search Summary

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Objectives

Highlight effective practices in each discipline (PM, RM, PI) and develop a guide to link the programs (including best practices).


Urgency and Potential Benefits

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Implementation Considerations

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