Day 19 Flashcards by Joe Rhodes | Brainscape

Q

Components of ERM: Performance VAPIR

A

Develops portfolio View
Assess severity of risk
Prioritize risk
Identify risk
Implements risk Response

MCQ-00641

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Q

Components of ERM: Review and Revision SIR

A

Assess Substantial change
Improvements to ERM
Reviews risk and performance

MCQ-00641

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Q

Components of ERM: Information and Communication & ongoing Reporting TIP

A

Leverages Technology
Communicate risk Information
Reports on risk, culture, Performance

MCQ-00641

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Q

Equation: Cost of jobs completed

A

= Direct Materials used + Direct Labor + Overhead Applied + (Beg. WIP - Ending WIP)

MCQ-03586

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