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The BPC RiskWiki



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Introduction to the RiskWiki

This wiki is sponsored by Bishop Phillips Consulting ( for the education, use and enjoyment of our clients, educators, the public and professionals involved in management consulting and risk advisory, compliance, internal audit, insurance claims management, safety, governance and risk analysis industries. It provides reference articles on management, risk and risk related functions including: Risk Management, Internal Audit, Governance, Compliance, and Process Reengineering, etc.

The RiskWiki is based on the articles, methods, manuals and papers of primarily three firms: Bishop Phillips Consulting P/L, Stanton Consulting Partners and Bishop Finance P/L. These firms are contributing a large body of work amassed over many years experience with hundreds of clients. The project to convert and upload much of our BPC software help & manuals, extended body of consulting, risk and internal audit methods and models, and education and research materials is a large and time consuming project so the RiskWiki content changes frequently and will do so for the foreseeable future.

With the exception of all software documentation, and those additional documents marked otherwise, all written material on this site may be used freely by readers for any purpose including reproduction, subject only to the retention of moral rights by the authors. Some articles may include images for which additional permission may be reuired prior to reproduction. Software documentation may be duplicated in hard-copy for internal use by registered users of the systems with current maintenance agreements. Other uses of software systems documentation will be considered on written request.

Things to See in The RiskWiki

BPC RiskManager

  • Are you looking for BPC RiskManager Documentation or to learn more about the software?
link=BPC RiskManager Software Suite
Bishop Phillips supplies the BPC RiskManagement suite of governance software that provides a complete governance solution across risk management, controls management, compliance management, insurance management, claims management, incident & hazard management, audit risk management, governance document management and survey generation and management. The system can be installed in configurations ranging from single-user to very large scale enterprise configurations.

The system is particularly suited to managing and reporting on the risk and compliance management tasks of government agencies, whole of government, special project, not-for-profits, insurance providers, service industries, utilities, and tertiary education sectors. You will find an extensive body of information covering technical, administration and user level tasks here.

If you have questions they may be answered in our frequently asked questions.

Frequently asked Questions About BPC RiskManger

What will need to be arranged prior to the installing BPC RiskManager?

Things we will need you to have arranged prior to the install:

  1. Fully patched Windows 2000, 2003 or 2008 server with IIS 6+ for the application server hosting (or if undertaking a desktop install - Windows 2000, Windows XP, Windows Vista SP2, Windows 7 PC).
  2. If using SSL/HTTPS as the communication protocol, an SSL Certificate for the Windows IIS 6/7 server for the domain you will be using for the RiskManager application server. We do not perform certificate validation – so an internal certificate should be fine but note that we use real Certificates issued by Verisign and Thawte on our sites so we have only tested under an environment where the certificates are “real”. I can not think of any reason why an internal certificate should be a problem however. Certificates are ONLY required for HTTPS, not for HTTP or Raw TCP/IP communications protocols (which is the normal way the application is used).
  3. Fully patched SQL Server 2000, 2005 or 2008 database engine (installed in ..→Read More..
Featured Article...

Managing Risk in Mergers & Acquisitions - Causes of Success & Failure

Introduction - Why Merge or Acquire?

For the purposes of this article we will use the terms merger, acquisition and M&A interchangeably for the general activity of conducting a merger or acquisition of one legal business entity by another. The discussion will focus on the M&A activities between distinct legal entities rather than business units within a legel entity, as the issues in the latter case are fundamentally different from those in the former case.

Strictly speaking, a merger differs from an acquisition in that in an acquisition one entity assumes control and absorbs another entity, usually expunging the acquired entities operational distinctiveness. In a merger two or more entities join their business and control structures in a manner that delivers some level of shared control and business profile. In reality, the actual outcomes are rarely purely those of an acquisition or a merger - regardless of the original intentions. The act of acquiring or merging almost always results in irrevocable cultural and operational change for all entities involved - not just the entity acquired.

For this reason, and for reasons that will become apparent later on, we shall treat both activities as essentially the same.

Irrespective of the retoric for the merger, in order to succeed, it is critical for the parties to the merger (and particularly the dominant party) to understand clearly why they are really merging. Typical reasons for merging include (in no particular order):

  • Economies of scale through larger productive capacity or ability to share services
  • Vertical integration of productive capacity or the supply chain
  • Market share / elimination of direct or indirect competition
  • Securing supply
  • Asset acquisition or stripping
  • Strategic hedging through addition of counter cyclical products to the group mix
  • Acquisition of access to Intellectual Proiperty
  • Geographic expansion or access to markets with entry barriers
  • Accumulation of complimentary product/service sets
  • Suppression of emerging product line / Intellectual Property threats
  • Acquisition of customers

Not all of these motivations will pass traditional measures of success such as "improved productivity" or "staff retention" - as clearly in a number of these cases the underlying purpose of the merger has nothing to do with establishing a bigger, better, more efficient business - just a safer business environment.

If your purpose is merely to eliminate a competitor, or acquire their IP, or strip their assets, etc. much of the discussion in the paper will be of limited applicability to your situation. Your objectives are met if the price you pay for acquisition and business wind-up delivers these outcomes for less than you gain in return. If your purpose is to gain productivity improvement, or economies of scale, complimentary product mix outcomes and retain as much of the ..→ Read More..

BPC SurveyManager

  • Are you looking for BPC SurveyManager Documentation or to learn more about the software?
link=BPC SurveyManager - Overview
Bundled with the BPC RiskManager suite and also supplied in both hosted and installed forms, the BPC SurveyManager software solution is an outstandingly versatile interactive web page generation engine using a survey model as the design and data storage paradigm. While being outstanding at survey creation and management the software is powerful enough to build build conventional data-input web pages. The full technical and SM language programming documentation is available from here.

Research into Virtual Worlds in Business & Education

  • Are you looking for our virtual Learning research papers?
link=Virtual Learning Systems
Through our Virtual Worlds research group - "Waisman Learning Systems", we do extensive work in the development of virtual learning and business spaces in SecondLife, and undertake considerable formal research into the application of Virtual Worlds to learning. You will find technical and text book material in our Virtual World Learning Systems pages. There is an extensive overview of the literature, and history of virtual worlds, a very large bibliography, details of our in-world networked lecture theatre control systems and lecture delivery systems, and a complete documentation of an extensive academic study undertaken by our WLS team into the effectiveness at achieving learning outcomes of different approaches in delivering course material in 3D virtual worlds.

You will find an extensive reading list and bibliography of works covering virtual worlds and virtual reality concepts, history, ideas, related technologies, and application in learning as well as relevant papers on learning taxonomies and teaching concepts relevant to virtual world learning systems here.

Internal Audit and Management Science

  • Are you heading up an Internal Audit Team or learning internal audit methods?
link=Internal Audit
If yes, you will find complete enterprise level internal audit methods and manuals on this site cross linked to our other management papers. The internal audit manuals cover everything from managing the audit team through planning the audit program to the detail of designing the audit, conducting interviews and undertaking the controls analysis; to reporting the results. Everything you are likely to need to manage and train an internal audit team is here.

  • Are you a manager, management consultant or student of Management Science?
link=Category:Management Science
You will find articles covering topics of general management and process management methods in the RiskWiki including the detailed theory and practice of plannning, process re-engineering, control theory and our proven theories in stakeholder network organisation modelling. The work here is generally unique to this site. All methods have been used extensively and effectively in practice. Start here with process engineering.

  • Are you managing a merger or an acquisition?

link=Managing Risk in Mergers & Acquisitions
Take a look here first and learn about the risks in mergers and acquisitions and successful strategies for managing them from our team who have been through it successfully from both sides or the equation multiple times.

Take A Random Look At The RiskWiki

From the Vault of the BPC RiskWiki...

BPC RiskManager - Updating Your Personal Preferences


A user can change a number of general settings individually of the general defaults. Most user changes are remembered automatically on your computer when you make them (such as the last search or filter options).

Some settings must be explicitly saved. These are controlled in the "Set-Up Profiles/My Settings" screen.

The things you can set here are:

  1. Your password for accessing the application when locally managed security is operating
  2. Edit and read only grid colouring
  3. Spell checking
  4. Use of Tree Navigation for risks
  5. The form scaling method for when you are using non 96dpi /small fonts computer settings.

Accessing the User Preferences Screen

All user preference settings require the following initial steps:

  • Open your BPC Risk Manager client and select the Administer tab


  • Select the "Set-Up Profiles" button
  • The "Set-Up Profiles" window will open.
  • On the side bar select "My Settings", and the panel will ..→Read More..

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