Problem:
Justine and Early Engineering, Inc. wants to assure that they fully integrate the risk register at the corporate, SBU and project levels. The risk management process looks like:
Management: Strategic Level: Corporation Risk: Finance
Tactical Level: SBU Risk: Bundle
Operational Level: Project Risk Cashflows
1) Discuss how the management and risk at each level of the corporation is brought together into a comprehensive risk management program.
2) Be sure to explain the terms (a) strategic, (b) tactical, and (c) operational for each of the levels of the corporation and examine the financial, bundling and cash flows at those levels.