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Enhanced due diligence in bankingĀ 

Productivity Land

Enhanced Due Diligence (EDD) Enhanced Due Diligence (EDD) is a set of procedures that financial institutions use to identify and mitigate money laundering and terrorist financing risks. The BSA was enacted in 1970 and amended in 2001 and 2006. The FATF Secretariat is hosted by the OECD in Paris, France.

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Strategic Project Management: How To Align Work With Business Goals?

Teamweek

It has been around since 2006. Finance teams had to carve out a budget for work-from-home equipment. What is Strategic Project Management? Strategic Project Management (SPM) involves planning, prioritizing, and executing projects to achieve business objectives. SPM creates a direct link between business objectives and everyday work.

2006 87
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Return On Invested Capital Definition for Strategic Project Managers

The Strategic Project Manager

The following are a sampling of five profitability metrics, expressed as average ROIC over the period 1992 to 2006, from “On Competition” by Michael Porter: Pharmaceuticals – 31.7%. ”, Corporate Finance Institute (CFI). This can help guide investment decisions, which will be executed by projects and programs.

2006 98
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Quote of the Day

Herding Cats

This is an immutable principle of probabilistic decision making, microeconomics, and managerial finance. 212279, February 2006. Making decisions in the presence of uncertainty requires estimating the outcomes of those decisions. Any conjecture claiming decision can be made in the presence of uncertainty without estimates is a fallacy.

2005 31
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Quote of the Day

Herding Cats

This is an immutable principle of probabilistic decision making, microeconomics, and managerial finance. 212279, February 2006. Making decisions in the presence of uncertainty requires estimating the outcomes of those decisions. Any conjecture claiming decision can be made in the presence of uncertainty without estimates is a fallacy.

2005 28
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Project Portfolio Management Works for More Than Just IT

Meisterplan

In 2006, Anand Sanwal, CEO of CB Insights, and former VP of American Express, said, ā€œI remain amazed at how the entire portfolio management discipline has become largely focused on enabling corporate portfolio management for IT investments. However, there is absolutely no reason those principles should only be applied to IT.

Lean 46
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Software Cost Accounting

Herding Cats

The norm for product development companies is to expense IT (see the survey in the 2006 report, Capitalization of Software Development Costs: A Survey of Accounting Practices in the Software Industry , in which 146 out of 207 software companies did not capitalize their software development). However, that does not mean they all capitalize.