Here I am just highlighting the inputs and questions I got from my supervisors:
Dennis:
- UNDP Risk Management Process -- should risk retirement be included?
- Step 4 and 5 in the ERM cycle (Action and Monitoring & Reporting) can be the potential focus of my research
- Should the research be limited to CMM to risk management? Perhaps a more cohesive approach?
- Can programme outcomes be related to risk management level? - There is a possibility that research will be inconclusive. There is a latency in between risk management implementation and seeing the programme outcomes.
- A possible approach to the project is to look at parallels. Is the success of risk management in other industries transferable to the UNDP context?
Eddie:
- What is UNDP's appetite for risk?
- True commitment/implementation to risk management in UNDP might be nil!
- Look into Prince2 strategies, UNDP has put in a lot of effort in 'benefits strategy'. Now UNDP is starting on 'risk strategy'... Look into this.
- Perhaps a more cohesive approach to risk management? Balanced scorecard approach, taking into account benefits, quality, configuration etc?
Alec:
- Possible approach for research is to look at end results, lessons learned and see where risk management could have been applied. Track back... reverse engineering(?)
- Is the UNDP risk management framework fit for its purpose? How is it different from the framework of corporations? Is it the same?
- What is so special about the risk management framework in UNDP?
- If the same, how can it be applied more efficiently?
- If different, how can the framework be tailored to the context of UNDP
- Is there a discernible outcome where risk management is applied (or not applied?) in UNDP projects?
- If not, why not? Is it because risk management is not properly applied or is it because the framework/method doesn't work?
- Suggest to first conduct study/research on risk management and the risk management framework of UNDP
- But! prioritise what data is publicly available, and what data should be asked from Eddie.
- Availability of data is crucial!
Augh!!! I'm not sure if my research is getting fuzzier or clearer. So much questions to answer... so much work to do!
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