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Video: What is Enterprise Risk Management?

Why This Matters: Enterprise risk management or ERM is the enterprise level or focus of risk management. Why is it important? Enterprise risks can cascade down the organization. These risks can impact projects. The solution or mitigation of these risks often must be mitigated or controlled at the enterprise level.

Project Question: If this is your first introduction to ERM, what do you think of this concept? Have you had enterprise risks impact your projects? How?