- September 3, 2010
- Member: FREE
In 2008 APQC conducted its second collaborative benchmarking study on enterprise risk management, Risky Business II: Enterprise Risk Management as a Core Management Process. Robert Torok, an executive consultant with IBM Global Business Services, presented Unknown Unknowns: Risks Get Riskier, during the study. Torok discussed the practical application and components of enterprise risk management. This article details his discussion on risk-adjusted budgeting, a means to further incorporate planning into risk management.