All project management is risk management (Eric Verzuh)Risk management is an essential activity in any project or organisation. Risk is defined by M_o_R (Management of Risk, the OGC risk management methodology) as uncertainty of outcome. A risk manager is concerned with managing the risks (uncertain issues and incidents) that, were they to occur, would affect the product or services that an organisation sets out to deliver.The M_o_R framework...more
Every activity and situation carries risks. Whether you are launching a new project, providing ongoing services or heading a strategy for widespread organisational change, thorough and effective management of the risks involved is essential to ensure long-term success.The M_o_R (Management of Risk) methodology, owned by the OGC and administered as a qualification by the APMG, provides a set of principles and generic processes for identifying,...more
Amid the frenzy of homeowners facing foreclosure, potential buyers struggling to obtain loans and banks, lenders and realtors trying to stay afloat, I feel like there are lots of questions that no one is asking! Correction, the regular guy on the street like the real estate professionals I deal with daily are asking. But no one is listening to them or answering their questions.What Real Estate Professionals SayThrough my weekly radio show, podcast and website at www.WeTalkRealEstate.com, we're hearing the same questions from both professionals in the industry and current and potential homeowners. Here are some of the most common ones:1. How do you bail out people when 53% of loan modifications are already back in foreclosure within 6 months?2. If the majority of bad loans come from folks who are pre-qualifying with no income, or no qualifying loans what do you do once they don't qualify?3. I've got a good FICO score. Why is it taking so long for me to qualify?FDIC head Sheila Bair has made the argument that modifying loans works, but only if the modifications are meaningful in the first place. Who is making this determination? What are the guidelines? It sure seems like it's still...more
For many people the thought of using an online e-currency can be a scary thing. We have all heard the horror stories of people being scammed and money being stolen by dishonest companies, but there are some companies out there that have worked hard to build up a good reputation for being honest and do what they can to fight frauds and scams that...more
Are You NutsThat was the response I received from the first client I spoke with a few days after opening our doors for business. The husband and wife were questioning my sanity because I was suggesting that the time was right to be investing in a product that is secured by real estate. Yes, I have heard of investment companies being in trouble...more
What comes in to your mind when you mention the word investing? Do you think of putting your money in insurance, mutual funds, the stock market or even high-yield investments? Does it make you think you need to learn how to invest in stocks or real estate?The word invest is defined by Webster as 1 : to commit (money) in order to earn a financial return 2 : to make use of (anything) for future benefits or advantages.Some people think about financial investing only when they are about to retire and they have nothing for retirement, or when they are about to die and they havent left anything for their children.Others shudder when they hear the word invest, claiming that they have no money to invest or they feel that is too complicated a subject to even think about, and they are sure they will suffer financial loss.Many people invest heavily in health supplements, personal trainers and beauticians to make themselves live longer, healthier lives or even to look younger. Just look at the advertising budget for beauty aids and even plastic surgeons!All these are legitimate concerns when it comes to investing, but I am talking about the most important investment a person can make in...more
Entity layering is a key concept in risk management. It is like the layers of an onion. The outside of the onion is the toughest layer and there are many layers to the onion. As soon as you peel that first layer back, a chemical reaction begins,...more
Have you ever wondered why some people achieve small business success while others find themselves sitting on the sidewalk waving flags as the parade passes by?Unfortunately, there are many external reasons why people fail. But the good news is that...more
These days, more and more individuals are taking advantage of the fact that there are many ways for them to work at home. Nothing beats the feeling of knowing that you can be your own boss and you can grow your business at your own pace, and your own...more
Writing a really good report can be important to our career, and because of this, it is something we should take very seriously. After all, a written report is a permanent record. It is a record not only of our writing skills, but also of our clarity...more
With the wave of people facing foreclosure there are many who are asking for help. What can be done to stop the foreclosure process. Many of our clients have decided to use the powerful extended Right of Rescission which immediately terminates the...more
According to Bulgarian law, foreign individuals and legal entities can buy property in Bulgaria property. Purchased the property, you can legitimately to be registered at this address. Non-residents of Bulgaria after the purchase of local real estate...more