Risk Management Ltd

 
Critical services require effective risk assessments and business continuity planning
Critical services require effective risk assessments and business continuity planning
LPG storage site meeting international best practice
LPG storage site meeting international best practice
A simple human error
A simple human error
Unreinforced masonry buildings can collapse in earthquakes, damaging adjacent property
Unreinforced masonry buildings can collapse in earthquakes, damaging adjacent property
Fire destroyed a distribution centre in two hours resulting in sale of the business
Fire destroyed a distribution centre in two hours resulting in sale of the business
Fire-fighting water run off into an ecologically sensitive lagoon
Fire-fighting water run off into an ecologically sensitive lagoon
Effective corporate governance requires effective risk management
Effective corporate governance requires effective risk management
Change in iron ore price resulted in thefts
Change in iron ore price resulted in thefts
Most organisations are now highly dependent on telecommunications
Most organisations are now highly dependent on telecommunications
Terns living (mostly) undisturbed on a marine platform
Terns living (mostly) undisturbed on a marine platform
Aerosols proved to be a key risk source for a supermarket chain
Aerosols proved to be a key risk source for a supermarket chain
Major disasters can prevent access to otherwise undamaged workplaces
Major disasters can prevent access to otherwise undamaged workplaces
Damage to a water main - a key infrastructure
Damage to a water main - a key infrastructure
A new exotic disease is identified each year
A new exotic disease is identified each year
The 2007 Ruapehu lahar resulted in closure of roads and the main rail line - supply chains were cut
The 2007 Ruapehu lahar resulted in closure of roads and the main rail line - supply chains were cut
A risk management training workshop in action
A risk management training workshop in action
Counterfeiting is a major source of risk
Counterfeiting is a major source of risk
Bridge destroyed and gas pipeline out of action due to flooding
Bridge destroyed and gas pipeline out of action due to flooding
New Zealand wool carpets in store
New Zealand wool carpets in store
Blue asbestos was used illegally as insulation
Blue asbestos was used illegally as insulation
A risk management training course for 200 people in the Philippines
A risk management training course for 200 people in the Philippines
Transport links and supply chains cut - effective business continuity management needed
Transport links and supply chains cut - effective business continuity management needed
Access to good risk management information is critical
Access to good risk management information is critical
Risk communications should be plain English and written for the target audience
Risk communications should be plain English and written for the target audience
Do your communications give the right message?
Do your communications give the right message?
Oil pollution after a tank was over-filled
Oil pollution after a tank was over-filled
The timber industry, a key New Zealand industry
The timber industry, a key New Zealand industry

Risk Management Frameworks and Risk Assessments

We are often asked to help develop risk management frameworks aligned with AS/NZS ISO 31000:2009 Risk management – Principles and guidelines. This will include advice an appropriate risk management policy statement, accountabilities and risk assessment techniques. Increasingly we help clients to develop management systems integrated into the overall management system. This may include business continuity controls that line managers are accountable for.

We have conducted some major risk assessments, similar to a safety case, to give assurance to boards that major risks are being effectively managed. We use a range of risk assessment techniques including some described in ISO 31010: 2009 Risk Management – Risk Assessment Techniques.

While we can use quantitative risk analysis techniques we often find that qualitative techniques give good results that aid understanding the nature and level of risks. Our risk assessments use techniques generally accepted as giving good results. The outcomes are then used to decide how to treat the risks.

Chris Peace also offers training and facilitation in a range of risk assessment techniques including the Management Oversight and Risk Tree (MORT); see our short publication on this.

For more information contact Chris.