Current CAM-I Publications & Articles

The CAM-I risk-value curve: Understanding your risk appetite to create value

Every organization is impacted by risk. What determines an organization's success is how well it understands, anticipates, and manages risk. A risk-aware organizational culture and a risk-optimized mindset are essential to being sustainable long-term

This guideline includes a three-step process for effectively implementing the risk-value approach in an organization, using a valuable risk management tool, the CAM-I Risk-Value Curve. With a risk-optimization mindset, your organization can promote a culture of risk awareness, expand the conversation to include not just risk mitigation but also value creation, and create a comprehensive view of risks to drive strategic decisions.

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DAN SWENSON (Arizona State University, MATTHEW ANDERSON (The Boeing Company), AND WILLIAM DUMMER

This article presents an overview of an interactive workshop organizations can use to teach the value analysis process.

Today’s global competition pressures companies to reduce costs and increase product performance. Past practices of “getting the product to market and then taking cost out” are no longer sustainable. Getting the cost right and creating the desired margin (i.e., target costing) is much more effective when done at the design stage of new product development, and value analysis plays an essential role in this process. The purpose of this article is to provide organizations with a framework for teaching value analysis. The workshop described takes an interactive approach, using passenger vehicle s to depict the application of value analysis.

Value Analysis Process

The Risk-Value Curve: How to optimize risk and generate value for your organization

By Jennifer Hills, Bobbi-Jo Pankaj, Lauren Pashia, and Greg Wallig

This article discusses the role risk optimization can play in guiding the organization toward taking the right risks to advance enterprise value. Using a risk optimization mind-set, an organization can promote a risk-aware culture, expand the conversation to include not just risk mitigation but also value creation, and create a comprehensive view of risks to drive strategic decisions. It provides a risk-value framework and an example of where it has been used successfully.

Risk Value Curve

Measuring and Managing Environmental Sustainability: Using Activity-Based Costing/Management (ABC/M)

Authors: Anthony Pember (Pilbara Group) & Mark Lemon (Grant Thornton)

Activity-Based Costing/Management (ABC/M)

An environmentally sustainable organization balances its current strategic and financial objectives with long-term natural resource preservation and usage to meet the needs of the present without compromising those of future generations. There is an opportunity to leverage accounting tools to effectively manage environmental sustainability initiatives within organizations.

CPA Canada

CPA Canada has developed an executive overview of The Consortium for Advanced Management – International (CAM-I)’s Performance Management Framework (PMF) to help you evaluate and improve organizational performance.

The PMF is an eight-step model that can be adapted to meet the specific needs of any organization, industry or sector. It has been used in research initiatives in various sectors such as health care, environmental sustainability, and integrated risk and crisis management.

Benefits of the CAM-I Performance Management Framework:

  • creates a common understanding of current and future performance capability
  • provides transparency and awareness of areas performing below expectations
  • establishes a common frame of reference for needed improvements
  • provides focus and confidence to begin improvements, especially when resources are scarce
  • informs the selection of appropriate performance measures
  • serves as a sound tool for leadership development and awareness

Chartered Professional Accountants of Canada (CPA Canada) is a member of CAM-I. Our executive overview provides an insightful summary about how to put the PMF into practice so that you can optimize your investment in valuable resources, focus on key performance improvements, and achieve business goals.

CAM-I Performance Management Framework: Executive Overview

 March/April 2015 issue of Cost Management

The March/April 2015 issue of Cost Management, a publication by Thomson Reuters was dedicated to CAM-I. CAM-I also has an article on the May/June issue.


The CAM-I performance management framework: a holistic approach to improving business performance. The CAM-I performance management framework provides a holistic implementation framework that aims to evaluate and improve any organization's business performance using one consistent methodology, regardless of size or industry, as discussed in this Cost Management article.
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Delivering customer value through value analysis. Value analysis enables organizations to channel their product development activities to areas that provide the greatest customer value, as discussed in this Cost Management article.
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Can you quantify the value of your data? The Intelligent Data Quality Management (IDQM) working group is addressing the problem of poor data management by creating an equation that places a dollar value on any record of data, as discussed in this Cost Management article.
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Does it always make sense to share? Costing in a shared services environment. This Cost Management article examines the application of managerial cost accounting methodologies in order to shed light on the true costs of providing shared services.
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Cost management tools for the environmentally sustainable firm. Over the past several years, the Environmental Sustainability Interest Group has developed tools and techniques to help companies understand and manage their environmental sustainability programs, as discussed in this Cost Management article
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Risky Business: Maximizing Performance - Risk management is a well-developed field where key concepts have been defined and explored in a variety of contexts. When risk mitigation fails, though, an organization often faces a crisis. Less has been written about crisis management, with the dominant themes in the literature being leadership and communication in crisis situations.
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Read article from John A. Miller on “Model your way to better business performance”

The basic mission of any commercial organization is to profitably convert resources (people, materials, machinery, equipment, facilities, etc) into products and services customers want to buy.  The means of conversion encompasses all of the processes and activities required to make and deliver products and services and to run the business.

In a world where everyone has access to the same raw materials, labor pools, suppliers, machinery, and often the same technology, competition is fierce. In most industries, the only way to differentiate from competitors is in process productivity, performance, and innovation.

Read the full article Model Your Way To Better Business Performance.

The Metrics Reference Model: A Jumpstart for Business Intelligence Initiatives

“Performance measurement allows an organization to align human behavior and assess the effectiveness of any actions taken towards achieving its mission and goals through the strategy it selects. Metrics allow organizations to measure performance quantitatively and are used widely as the basic building blocks for all performance management frameworks”.

This article is by Shobhik Chaudhuri, Joseph Staier, Shiva Verma, Jeff Lawton and John Miller. The Metrics Reference Model

  • "Why do nations around the world require financial or cost audits performed by certified public accounting firms like the Big 4 to attest to the compliance and accuracy of an organization's financial reporting, but no such certification audit exists for processes, procedures, and practices that product internal managerial information used for decision making?" - This article by Gary Cokins, CPIM, K.J. Euske, George Millush, Peter Nostrom, and Alan Vercio, CPA provides this provocative question.  "Let's Certify the Quality of a Manager's Information" Read this and foster some healthy discourse. Certify Quality of Information

CAM-I Upcoming Meetings

September 9–11 2024, Cherry Bekaert LLP, 1850 Towers Crescent Plaza, Suite 200, Tysons, VA 22182
October 2024, UK chapter meeting TBD
December 2-4 2024, Virtual