Cyprus Project Management Society


Project Title: CASSANDRA (Continuity And Security for SMEs Active in Neutralizing Dangers and Risks affecting their Activities)

Project Agreement No.: 2015-1-DE02-KA202-002417

Small CASSANDRA Projectand medium-sized enterprises (SMEs) – particularly micro-enterprises – in the service sector face the challenge when it comes to risk management of needing to identify business risks and threats at an early stage. They often lack the knowledge required to form the necessary resilience against possible risks. So, this is where the CASSANDRA Project (EU Project) comes into play.

The two-year project (2015-2017)  is funded as a “Strategic Partnership” from the EU “Erasmus+” programme. The aim of CASSANDRAS Project is to improve the stability and resilience of SMEs through the use of three new tools. These products will help SMEs to develop a risk management system tailored to the needs of their company and also to have an increased awareness of possible business risks and threats.

The CASSANDRA Approach includes a self-assessment tool, a handbook and an online training. Through the use of these tools, SMEs will be able to analyse business risks independently and cost-effectively. They will also be able to minimise or neutralise them in the future, through practical solution strategies, thereby becoming more stable. The three products impart detailed knowledge in the areas of risk management, business continuity management and information security management.


Risk is everywhere. Everything we do involves risk. But not doing anything is also risky! Being able to manage risks is a life or death criterion for every enterprise.

Improving business resilience and continuity planning by building a risk management plan and business impact analysis are important parts of improving resilience. Only by assessing and planning for the potential risks can an organisation find ways to minimise their impacts. In addition, the organisation will be able to recover quickly if an incident occurs.

CASSANDRA ApproachCASSANDRA Project ‘s website) will help you to implement an effective business resilience framework. All risk management projects, no matter how small, should be shared across every operational discipline and also across your business.



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