Risk Management 1 – Frameworks and Standards

Part 1 of 2: Enterprise Risk Management and the Digital Preservation of Processes.
Content: Risk management frameworks and standards.
The EU co-funded TIMBUS project (2011 – 2014, addresses the challenge of business process preservation to ensure the long-term continued access to processes and services. TIMBUS builds on feasibility and cost-benefit analysis in order to analyse and recommend which aspects of a business process should be preserved and how to preserve them. It delivers methodologies and tools to capture and formalise business processes on both technical and organisational levels. This includes their underlying software and hardware infrastructures and dependencies on third-party services and information. TIMBUS aligns digital preservation with well-established methods for enterprise risk management (ERM) and business continuity management (BCM).