Bahrain Petroleum: Value Achieved in Quality Management

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This is not your father’s quality management program.  Quality management today is different than it was twenty to thirty years ago.  Today’s quality management department has growing demands to do more audits and manage a diverse range of issues across operations and relationships while still being constrained by limited resources to fulfill these demands.  To effectively conduct quality audits, efficiently manage limited resources, and meet the agility required of a dynamic business environment requires a top-down approach to quality management that is driven by risk-based priorities and technology is utilized to manage resources, analyze data, and streamline quality management operations.

GRC 20/20 has evaluated and verified the implementation of MetricStream at BAPCO and confirms that this implementation has achieved measurable value across the elements of GRC efficiency, effectiveness, and agility. In this context, GRC 20/20 has recognized MetricStream and BAPCO with a 2016 GRC Value Award in the domain of Quality Management.

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Description

Bahrain Petroleum

Value Achieved in Quality Management

This is not your father’s quality management program.  Quality management today is different than it was twenty to thirty years ago.  Today’s quality management department has growing demands to do more audits and manage a diverse range of issues across operations and relationships while still being constrained by limited resources to fulfill these demands.  To effectively conduct quality audits, efficiently manage limited resources, and meet the agility required of a dynamic business environment requires a top-down approach to quality management that is driven by risk-based priorities and technology is utilized to manage resources, analyze data, and streamline quality management operations.

GRC 20/20 has evaluated and verified the implementation of MetricStream at BAPCO and confirms that this implementation has achieved measurable value across the elements of GRC efficiency, effectiveness, and agility. In this context, GRC 20/20 has recognized MetricStream and BAPCO with a 2016 GRC Value Award in the domain of Quality Management.

  1. Expanding Role of Quality Stretches Resources and Capabilities
  2. Bahrain Petroleum: Value Achieved in Quality Management
    • The Challenge Bahrain Petroleum Faced
    • Solution to BAPCO’s Problem
    • BAPCO Achieved Value in GRC Efficiency, Effectiveness, and Agility
      • GRC Efficiency Value
      • GRC Effectiveness Value
      • GRC Agility Value
  3. GRC 20/20’s Final Perspective
  4. About GRC 20/20 Research, LLC
  5. Research Methodology

rasmussenMichael Rasmussen – The GRC Pundit @ GRC 20/20 Research, Michael Rasmussen is an internationally recognized pundit on governance, risk management, and compliance (GRC) – with specific expertise on the topics of GRC strategy, process, information, and technology architectures and solutions. With 23+ years of experience, Michael helps organizations improve GRC processes, design and implement GRC architectures, and select solutions that are effective, efficient, and agile. He is a sought-after keynote speaker, author, and advisor and is noted as the “Father of GRC” — being the first to define and model the GRC market in February 2002 while at Forrester Research, Inc.


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