Enterprise Resource Planning (ERP) systems have been in existence for over 2 decades yet businesses are still losing billions of dollars annually due to the implementation of software designed to reduce costs and increase profitability. Risk Management is an area that contributes to these losses, specifically due to uncertain outcomes when dealing with an interconnected construct such as risk, ...

BACKGROUND A simulation model is used to explore the influence of biological, ecological, genetic and operational (management) factors on the probability and rate of glyphosate resistance in model weed species. RESULTS Glyphosate use for weed control prior to crop emergence is associated with low risks of resistance. These low risks can be further reduced by applying glyphosate in sequence wi...

Operational risks are increasingly prevalent and complex to manage in organisations, culminating substantial financial non-financial costs. Given the inefficiencies biases of traditional manual, static qualitative risk management practices, research has progressed using data analytics objectively dynamically risks. However, variety operational risks, techniques objectives researched is not well...

Long-running software systems suffer from software erosion, due to their constant evolution to meet new or changing requirements, severely limiting their maintainability. Migrating software systems, i.e. transferring legacy systems into modern environments and technologies without changing functionality [FWE12], is a key technique of software evolution, and serves to keep existing software syst...

As part of their compliance process with the Basel 2 operational risk management requirements, banks must define how they deal with information security risk management. In this paper we describe work in progress on a new quantitative model to assess and aggregate information security risks that is currently under development for deployment. We show how to find a risk mitigation strategy that i...

This white paper discusses risk and risk management from a nontraditional viewpoint. It argues that the most critical aspect of risk management is an organization’s ability to understand and identify various kinds of risk that it faces. Further, the paper posits that this understanding of types of risk is even more important than the organization’s formal financial or operational plans, or trad...

Current knowledge management systems focus on knowledge acquisition, storage, retrieval and maintenance. Yet, for that knowledge to be operational, to become knowledge rather than information, requires internalization and learning. Elearning systems and courseware, on the other hand, are all too often monolithic and inert and fail to facilitate the development and sharing of knowledge. In this ...

In the following pages you will find a detailed analysis of the latest trends in offshoring extracted from the study conducted by the Offshoring Research Network (ORN). This international project, spearheaded by Duke University, brings together universities and companies from all over the world to analyze the offshoring practices in different countries, as well as the financial, political, and ...

Load computers make an instructive case study in this respect. While developments have concentrated on increasing the number of loading arms, blend and additive streams a device can manage, the user experience has remained largely unchanged. This results in a number of problems, from operational delays and bottlenecks, to increased potential for errors and consequent risks to safety. Moreover, ...

At the moment, there are very few Internet users who shop on the net with complete confidence. This is partly due to the continuing shortcomings of online electronic shops. Lack of information and a clear protection of data policy, as well as financial, operational and security risks are some of the reasons cited by users to explain their lack of confidence in shopping on the net, according to ...