Risk today is no longer an uncertainty. The Time Cycle Module helps to analyze, measure, manage and mitigate Risk in business, finance, technology, career, etc. by use of variance analysis on a day to day basis. The methods to manage risk are application based and not difficult to comprehend . However to manage risks one must be alert and agile updating positions from time to time, re-working business process and business solutions continuously to live and survive in this fiercly competative and dangerous world.

1. Living Dangerously : managing Risks in business Business Risk Time Cycle Module - Ba01

2. What is a Risk ? The conventional definition of Risk termed it as an uncertainty

3. If it was good it was called an opportunity If it was bad it was known to be a threat

5. Sales Objective

6. Cost Objective

7. Time Objective

8. Quality Objective

9. Survival Objective

10. Growth Objective

11. Dominance Objective

12. Employee Objective

13. Social Objective

14. Client ObjectiveUncertainty

15. Risk Management in business was done by collecting historical data and analyzing problems that had happened in the past

16. However with Business becoming intensely competitive in Price ( Incremental and entry level pricing) and Time ( Just in Time inventory management ) the Relevance of Risk Management increased exponentially. Risk was no longer an uncertainty

17. Rather Risk today is a certainty It must be analyzed, measured responded and mitigated regularly

19. Digitizing Business Process : Ta01 : Opportunity

20. Controlling operating costs : Fa31: Threat

21. Revamping the workforce : Ca01: Opportunity

22. Globalizing business operations : Ba51: Opportunity

23. Re-working business solution : Ba71 : OpportunityBelieve it or not, it’s more opportunities than threat.

25. Risk is a item of daily check list

26. Risk is a “When “ factor

27. Risk is an Uncertainty

28. Risk is an extraneous factor

30. Monetary value analysis

32. Because after the global credit crisis, businesses require frequent and time bound monitoring, and risk models require updated assumptions..

33. Because surpluses have now vanished and optimum utilization of resources are achieved by use of the Time based work Modules.

34. Because technology is timing out age old business practices

35. Because digitization and rationalization is needed for survival and growth. Such rationalization is to be carried out from time to time.

36. Because at the systemic level Risk could be very dynamic & damaging requiring focused and updated rationalized data for risk modeling.

38. Fortunately it is one uniform standard all over the world without any dispute.

39. Minutes, Hours, Days, Weeks and Months are standard for the Chinese, the American, the French or the Iraqi.

40. The Time Cycle Module TCM is a unit of 1 week of Time for which any activity or work is planned monitored and controlled for deliverance.

41. Each weekly module is harmonized with the other to grow into monthly, quarterly or yearly targets & schedules for operations as well as reporting. The week is a unit module of time in TCM

43. Risk in the TCM is no uncertainty. It is a measured deviation

44. Risk is measured by calculating deviation of measured parameters against baseline figures

46. Risk, Risk Cause and Risk Effect Traditional Method Time Cycle Module Risk is an uncertainty Risk cause is unknown Risk cannot be measured at times due to data insufficiency of the unknown variables. Risk effect is a balloon effect and often could go out of control. Risk is a certainty Risk cause is the uncertainty that must be checklist monitored Risk is a weekly deviation from the Terms of Reference or at times from the historical trend that is measured and controlled. If the deviation is sharp and uncontrolled it will snowball to a crisis. See following Graph. Whenever such deviations occur it must not be allowed to continue.

47. Excerpts from the May 2008 report of Congressman Jim Saxton to the U.S. Congress on the Housing Bubble months before it became a Global Crisis. The sharp rise in subprime mortgage loans and sharp fall in FHA insured mortgages during the years 2003 to 2007 show that there was no sudden rise in housing demand but a demand manipulation to cash in on the easy credit policy. Sharp deviation from normal historical trends indicate presence of high Risk as per TCM. Category : Risk associated with credit . Class: Expected Detailed Analysis : “ Finance Risk Case Study” Fa051 Series

48. Time Cycle Module : Source references The TCM Risk management module Ba01 is based on the Book “ Project Management Time Cycle : Time Cycle Module : Volume I From Concept to Feasibility.” ISBN 1440493332. Published in Dec 2008 the Book suggests several new concepts to improve resource utilization in both the Business Process and Business solution. Since the concepts are new and challenging, they are here being explained step by step in slides, to make them more user friendly. We hope “TCM Step by Step” will make the Book a more client friendly offering for our valued readers. We do not consider them dummies and look forward to interact with these offerings in days to come.

50. Business Risk Case Studies Series : Ba31....

51. Business data pruning and co-relation Series : Ba41…

52. Globalizing business operations Series : Ba51…..

53. Re-working business solution Series : Ba71 ….

54. Business Risk Case Study : Ba31

55. “Risk Measurement for the Product launch of an aerated soft drink” Scheduled release 6th July 2009Series on Financial risks : Fa01…Series Series on Technology risks: Ta01…Series Series on Career risks: Ca01…Series

56. The Project Management Time Cycle – Vol. ITIME CYCLE MODULE: From concept to feasibilityISBN 1440493332available at AmazonEconomy to EcologyOur goal is to help promote clean, safe and better practices in economy and ecology worldwide. Balanced, efficient and a little more sustainable.Kindle BlogEcothrust ASIN: B0029ZAUAYFor any queries mail to sen.sandip@gmail.comOur heartfelt thanks to Google images, Wikipedia, and several other image groups without which this presentation would not be possible.