Welcome to Risk Management Ltd
- business-as-usual activities
- strategic or project-related activities
- natural hazards or other external causes.
Our approach to risk in NZ can be described as looking for the many causes of events that could result in many consequences. Our risk assessments frequently use bow-tie analysis to help show risk and control gaps graphically.
Our work is evidence-based and we use research evidence to support our opinions and advice. We give best-practice guidance to clients.
Risk management research
Chris Peace is carrying out postgraduate research at Victoria University in Wellington. That includes an anonymous online survey. The survey has now been running for a few months and the following general patterns are starting to emerge.
• Decisions are often supported by risk assessments, but uncertainty and the context are not always mentioned or discussed in detail.
• However, stakeholders are usually consulted as part of risk assessments.
• A simple majority of respondents said they use named risk techniques, suggesting that many do not.
• Risk criteria (risk appetite to some people) were not always developed or used.
• About a third of respondents work in risk management and about half are in New Zealand and Australia.
• Most have a degree and at least five years experience.
Where does this leave the survey? More respondentsare are needed from New Zealdnd as well as from other countries. So…
Participate in the anonymous online survey that forms part of this post-graduate research and helpgive a broader picture of risk management practices.
The survey is open to anyone whose work involves any part of decision making, management, or risk management. You should find it professionally interesting and stimulating!
Chris will be presenting survey results at the Risk NZ conference in October 2014. Also, a working paper containing the results will be posted on this website.
If you’re ready to start please click through here.