The hotel developer, at his own risk, has (already) processed building plans, so once it's approved, he can go ahead and start construction. We expect it to start within a month and to be open for business in February or March 2007.

We were able to significantly decrease the number of at-risk women from being reported to child protective services or from giving birth prematurely through the program.

Unmarried couples are at risk for potentially serious problems because their various financial accounts, loans, or their place of residence are often held in their individual names prior to marriage and can leave one or both partners in a legally vulnerable position in the event of unplanned events or crisis.

Every part of an organization is dependent on documented procedures to mitigate risk and improve productivity and performance.

It's embarrassing and it does highlight the fact that there seem to be some real operational risk issues in NAB. Every time they write a loan, they code what sector it should be and they've been misallocating some of those codes.

Risk initiatives require active cooperation among the business line heads who will ultimately benefit from risk done right, the IT department that implements it, and the key executives who identify the institution's risk appetites and policies. Best practice risk management cannot be implemented without the involvement of all three.