1)Chapter 6 presented the approach the LEGO Group used to implement ERM, and chapter 9 presented a discussion and case study on implementing ERM in a higher education environment. Please explain how ERM adoption and implementation in the higher education (HE) environment differs from the for-profit environment. Cite specific examples from this week’s readings.
2)Reflect on the assigned readings for the week. Respond to the following prompts: “What do I feel are the most important aspects of my learning in the chapters this week?” and “What about this learning was really worthy of my time and understanding?” Then explain how important it is in society or business.
Also, provide a graduate-level response to each of the following questions:
Develop a budget for the project “getting an undergraduate degree.” Explain your assumptions and your analysis.
Assume that you are in charge of developing your state’s department of transportation budget. Write specific instructions for project managers in your department to facilitate a bottom-up budgeting process.


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