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CMEP Technology Project
The CMEP Technology Project is a culmination of strategic efforts that began in 2014 with the goal of improving and standardizing processes across the ERO Enterprise. As the ERO Enterprise matures to use a risk-based approach in its regulatory posture for the CMEP, the need to develop a more comprehensive system to manage and analyze information is more acute.
 
Benefits
 
The objectives and benefits of the CMEP Technology Project are:
  • Single, common portal for registered entities, enabling consistency of experience
  • Real-time access to information, eliminating delays and manual communications
  • Improved capability to support the Risk-Based Compliance Oversight Framework
  • Enhanced quality assurance and oversight, enabling consistent application of the CMEP
  • Improved analytics, including visibility into compliance and reliability risks
  • Increased capability to implement audit best practices and processes (planning, fieldwork, reporting, quality assurance)
  • Standardization and implementation of common business processes and workflows, enabling increased productivity (estimated 15 percent gain for ERO Enterprise CMEP staff)
  • Reduced application costs across the ERO Enterprise (reduce current costs by roughly 29 percent, $320k annual savings)
  • Projected investment break-even within five years
 
 

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