{"id":7379,"date":"2025-07-17T16:14:37","date_gmt":"2025-07-17T13:14:37","guid":{"rendered":"https:\/\/sumood.sa\/?page_id=7379"},"modified":"2025-07-26T14:57:59","modified_gmt":"2025-07-26T11:57:59","slug":"knowledge-corner","status":"publish","type":"page","link":"https:\/\/sumood.sa\/en\/knowledge-corner\/","title":{"rendered":"Knowledge Corner"},"content":{"rendered":"
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FIVE STEPS TO ENTERPRISE RISK MANAGEMENT<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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With the changing business environment brought on by events such as the global financial crisis, gone are the days of focusing only on operational and tactical risk management. Enterprise Risk Management (ERM), a framework for a business to assess its overall exposure to risk (both threats and opportunities), and hence its ability to make timely and well-informed decisions, is now the norm.\u00a0 \u00a0 Reade more<\/a><\/strong><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Knowledge Corner<\/span><\/span><\/span><\/a><\/div>

ALIGNING RISK TO OBJECTIVES \u2013 USING KEY PERFORMANCE INDICATORS<\/a><\/h4>
How often are we advised that we should \u201cidentify and manage risk against objectives\u201d? Sounds easy, but how many of us are doing this effectively, especially at the strategic level?<\/div>
\n \n<\/svg>\n<\/span>2 April\u060c 2025<\/span><\/a><\/div>
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Knowledge Corner<\/span><\/span><\/span><\/a><\/div>

AN INTRODUCTION TO QUALITATIVE RISK ANALYSIS: WHAT IT IS, WHY IT\u2019S USED, AND HOW IT WORKS<\/h4>
Effective risk management isn\u2019t just a safeguard\u2014it\u2019s a strategic advantage. Today\u2019s organizations face increasingly complex challenges, making it essential to assess potential threats with precision and clarity. With tools and strategies like qualitative risk analysis, analysts can identify, evaluate, and prioritize risks based on likelihood and...<\/div>
\n \n<\/svg>\n<\/span>16 June\u060c 2025<\/span><\/a><\/div>
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TRANSLATING RISK MODELLING INTO BUSINESS VALUE<\/a><\/h4>
Projects slip, budgets break, and opportunities disappear\u2014 not due to a lack of risk modelling, but because critical insights fail to reach the right decision-makers. The real failure lies not in technical accuracy, but in the strategic...<\/div>
\n \n<\/svg>\n<\/span>2 July\u060c 2025<\/span><\/a><\/div>
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Knowledge Corner<\/span><\/span><\/span><\/a><\/div>

RISK IN PROJECT MANAGEMENT: UNDERSTANDING THE IMPACT AND STRATEGIES FOR SUCCESS<\/a><\/h4>
Did you know that almost 80% of projects go over budget or experience timeline delays, according to Quixy? Project management comes with countless variables that can derail even the most well-planned initiatives. But here\u2019s the good news: with the right approach to risk management in project management, you can stay ahead of uncertainty and turn potential setbacks into strategic wins.<\/div>
\n \n<\/svg>\n<\/span>6 June\u060c 2025<\/span><\/a><\/div>
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Knowledge Corner<\/span><\/span><\/span><\/a><\/div>

MASTERING CREDIT RISK MODELLING FOR FINANCIAL AND INSURANCE FORECASTING<\/a><\/h4>
When evaluating loan applicants, credit officers, insurance underwriters and financial professionals have the complicated task of accounting for all the factors in the applicant\u2019s profile that could lead to a default. Instead of relying on gut instinct, discover...<\/div>
\n \n<\/svg>\n<\/span>23 June\u060c 2025<\/span><\/a><\/div>
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Knowledge Corner<\/span><\/span><\/span><\/a><\/div>

BEST PRACTICES FOR PROACTIVE RISK MANAGEMENT IN AGILE PROJECTS<\/a><\/h4>
Every project carries risk \u2014 but how you manage it can mean the difference between momentum and mayhem. As organizations face mounting pressure to deliver value quickly and adapt on the fly, many are turning to Agile: a flexible, fast-paced approach that breaks work into short, iterative...<\/div>
\n \n<\/svg>\n<\/span>3 July\u060c 2025<\/span><\/a><\/div>
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Knowledge Corner<\/span><\/span><\/span><\/a><\/div>

PREDICT! + @RISK: A POWERFUL END-TO-END RISK MANAGEMENT SOLUTION<\/a><\/h4>
Risk management professionals know Microsoft Excel well \u2014 it\u2019s versatile and embedded in daily operations. That\u2019s why @RISK, our advanced risk analysis software, integrates directly within Excel, giving decision-makers powerful risk analysis capabilities exactly where their data lives. @RISK is used by leading companies in pharmaceuticals, aerospace, and many other industries to help improve decision-making, control costs, comply with regulations, and much more.<\/div>
\n \n<\/svg>\n<\/span>8 May\u060c 2025<\/span><\/a><\/div>
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Mastering capital project cost risk with smarter models in @RISK<\/a><\/h4>
All projects come with risks\u2014but scale them up, and the stakes rise fast. In fact, a\u00a02023 survey by McKinsey found that large capital projects overrun budgets and schedules by 30-45%. Traditional contingency planning\u2014 adding a fixed percentage to the budget...<\/div>
\n \n<\/svg>\n<\/span>7 October\u060c 2025<\/span><\/a><\/div>
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\u062e\u0645\u0633 \u062e\u0637\u0648\u0627\u062a \u0644\u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u0645\u062e\u0627\u0637\u0631 \u0627\u0644\u0645\u0624\u0633\u0633\u064a\u0629 \u0645\u0639 \u062a\u063a\u064a\u0631 \u0628\u064a\u0626\u0629 \u0627\u0644\u0623\u0639\u0645\u0627\u0644 \u0646\u062a\u064a\u062c\u0629 \u0623\u062d\u062f\u0627\u062b \u0645\u062e\u062a\u0644\u0641\u0629 \u0643\u0627\u0644\u0623\u0632\u0645\u0629 \u0627\u0644\u0645\u0627\u0644\u064a\u0629 \u0627\u0644\u0639\u0627\u0644\u0645\u064a\u0629\u060c \u0648\u0644\u0651\u0649 \u0632\u0645\u0646 \u0627\u0644\u062a\u0631\u0643\u064a\u0632 \u0639\u0644\u0649 \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u0645\u062e\u0627\u0637\u0631 \u0627\u0644\u062a\u0634\u063a\u064a\u0644\u064a\u0629 \u0648\u0627\u0644\u062a\u0643\u062a\u064a\u0643\u064a\u0629 \u0641\u0642\u0637. \u0641\u0623\u0635\u0628\u062d\u062a \u0625\u062f\u0627\u0631\u0629 \u0627\u0644\u0645\u062e\u0627\u0637\u0631 \u0627\u0644\u0645\u0624\u0633\u0633\u064a\u0629 (ERM) \u0647\u064a \u0627\u0644\u0642\u0627\u0639\u062f\u0629\u060c \u062d\u064a\u062b \u0627\u0646\u0647\u0627 \u0625\u0637\u0627\u0631 \u0639\u0645\u0644 \u064a\u064f\u0645\u0643\u0651\u0646 \u0627\u0644\u0634\u0631\u0643\u0627\u062a \u0645\u0646 \u062a\u0642\u064a\u064a\u0645 \u062a\u0639\u0631\u0636\u0647\u0627…<\/p>","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-7379","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/sumood.sa\/en\/wp-json\/wp\/v2\/pages\/7379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sumood.sa\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/sumood.sa\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/sumood.sa\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sumood.sa\/en\/wp-json\/wp\/v2\/comments?post=7379"}],"version-history":[{"count":164,"href":"https:\/\/sumood.sa\/en\/wp-json\/wp\/v2\/pages\/7379\/revisions"}],"predecessor-version":[{"id":8123,"href":"https:\/\/sumood.sa\/en\/wp-json\/wp\/v2\/pages\/7379\/revisions\/8123"}],"wp:attachment":[{"href":"https:\/\/sumood.sa\/en\/wp-json\/wp\/v2\/media?parent=7379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}