ABSTRACT
You have been selected to lead a committee whose remit is to procure a new risk management system to be integrated into your company’s existing informational systems infrastructure. Browsing through professional risk management publications, you cannot help but notice the long list of vendors offering risk management solutions.1 This situation presents a great opportunity for selecting a solution that ›ts the exact requirements of your business. It also comes with problems associated with choosing from such a wide variety of systems. There is a degree of career risk involved, which arises because of the resources and time allocated, cost of the system, and unforeseen implementation and use issues. The success of the project, and how it re«ects on you and the selection committee, could depend in large part on choosing the right vendor.
