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Jackson

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    Risk Management for Major Infrastructure Projects Speaker Taylor Burns Description Key processes necessary to identify and manage risks on complex infrastructure projects have been developed over the last 20 years in order to implement risk-based approaches for better cost and schedule estimation. Cost and schedule, however, were mostly treated separately instead of integrating them into one model. This integration including the consideration of uncertainty is highly relevant as schedule delays are very often the root cause for severe cost overruns. This presentation describes an integrated probabilistic cost and schedule model. This along with the consideration of uncertainty in quantities, rates and timeframes helps to provide transparency on complex infrastructure projects. The application is based on a combination of two practice-proven approaches – the RIAAT (Risk Administration and Analysis Tool) and the Cost Estimation and Validation Process CEVP® (Reilly et al. 2004/Washington State Department of Transportation), creating a powerful tool for management of complex risk environments. About the speaker Taylor Burns has a bachelor’s degree in civil engineering from University of Technology, Sydney and has recently become the Australian representative for the Austrian based company, RiskConsult. Previously working for Public Works Advisory as a Project Manager and as a Regional Engineering Services Functional Area Coordination for NSW Engineering Emergency Management. Taylor previously took a gap year to work in Europe in and in doing so developed an interest in probabilistic cost and schedule risk management for large infrastructure projects.
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    ISO 31000 – 2018 Revision; Redundant or Relevant to Your Organisation? by Jeff Jones ISO 31000 was first published in 2009 and revised in 2018, originally being based on the AS4360 process. Throughout the intervening decade risk management has been mandated in government policy, dictated in ASIC principles of good governance, embedded in organisational management systems and referred to in a myriad of industry practices and standards. In essence, risk management has become a house-hold name. With this uptake has unleashed a spirit of risk management endeavour, often as its own entity and in other contexts as a driver of processes and a stand-alone business tool. Maturity assessments for evolving the development and implementation of risk management have abounded. However, despite the uptake and intent, risk management often remains an elusive and utopian mantra, with many organisations struggling to obtain the merit of a risk management framework and principles espoused in the standard. Benefits of risk management are not often captured or reported. Indeed, the very notion and definition of risk is often debated, as is the almost universal implementation of the ubiquitous risk matrix as the sole risk assessment technique. Yet, many of these industry and organisationally imposed approaches are not the intent or mantra of ISO31000. Perhaps the 2018 revision should be looked at with a fresh lens and a subsequent review of your organisations adoption of risk management framework, principles & process. About the speaker Jeff Jones is a Certified Practising Risk Manager and Associate Fellow of the Risk Management Institution of Australasia (RMIA). He is Director & Principal Consultant for Project Delivery Assurance, a Queensland based company specialising in enterprise & project risk management and independent reviews. A large part of PDA’s consulting services is in providing strategic direction and practical implementation support to Client’s strategic & operational risk management programs. Jeff is a Chartered Engineer and has formulated his Risk Management concepts from a broad 30 year operations & project management career across Oil & Gas, Mining and Infrastructure sectors in Client and Contracting organisations, including Esso Australia, Thiess (Australia & Indonesia), and Santos. He has served on the Queensland Chapter Committee of the Engineers Australian Risk Engineering Society (RES) since 2010, and as a member of the RMIA Board Audit & Risk Committee between 2011 and 2013. He currently has a risk advisory role on a finance, audit and risk board committee for a national not-for-profit organisation.
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    Webinar - Risk & Opportunity Conversations in a Positive Risk Management Culture Speaker - Jim Whiting (MSc (Biophysics) Dip Ed, [Qld]; MSc (Biomedical Engineering), [Surrey UK]; CPEng, MACPSEM) Synopsis - This presentation explains and demonstrates the benefits of ROC Talk [R&O Conversations, Communications and Interactions] - in every aspect of business discussions and decision-making. Practical examples are included on how to use principles of positive inter-personal dynamics to develop mutual respect, trust and care necessary for a positive risk culture. The importance of rigorous R&O based thinking & language in conversations is based on the principle that how we communicate affects whether we achieve our shared vision, beliefs and ultimately a positive culture. Participants will be polled during the webinar regarding their opinions on selected samples from a 4-page glossary of ROC Talk language & terminology. The glossary will be made available to participants. Organisational performance depends on the quality of interaction and communication between individuals and groups (Stacey 2007). He calls this theory “Relationship Psychology,” which is crucial to better understanding of successful interactions because it takes the focus away from individuals to organizational relationships in all its forms. It considers human interaction as the primary influencer for control of organizational outcomes – not rewards, measurements, rules, or enforcement. ROC Talk can reshape the way we communicate knowledge and understanding of R&O—a fundamentally important goal in all forms of risk management not just HSEQ risks. Carrillo (2012) highlights very practical implications of this fact, viz. explanations of why procedures and rules are so often forgotten or disregarded. The regular practice of ROC Talk conversations re procedures or processes ensures that they remain relevant to doing normal everyday work. Whenever a business risk is being discussed / described / argued / communicated, then R&O assessments and ROC Talk make communications & decision-making more objective and less emotive. ROC Talk is beneficial whenever there are questions similar to: How should we do this job - this way or that? How will we establish our agreed standardised way of doing a job [procedure]? Is the standardised way the “best business” way in the current circumstances? Is the agreed standardised way the “lower risk” and/or “higher opportunity” way? Which is the best tool, plant, equipment for this job? Which options for risk control and opportunity enabling are better than others? What time do we allocate to this incident investigation? When to stop digging? Key Takeaways What is ROC Talk and How it is applied Better understanding of the relations between Risks & Opportunities Learn meaningful verbal interactive skills – DOs and DON’Ts About the Speaker Jim Whiting is the Managing Director and Principal Risk Engineer, Risk at Workplaces Pty Ltd and Partner & Risk Engineer, Soteris Pty Ltd. He has extensive experienced in consultancy & training in risk management, causal analysis, ergonomics and management systems, and was formally a Senior Lecturer Medical Physics & Bioengineering QUT and a National CEO for NSCA. PowerPoint Presentation ROC Talk presentation.pptx
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    Australian Capital Projects – Risk Management, Project Controls and COVID-19 Presenter - Pedram Danesh-Mand, Director of KPMG Australia, NSW President of Risk Engineering Society (RES) Webinar description The full impact of COVID-19 on the Australian construction sector will become more apparent over the next quarter, but there has been much speculation regarding the outcomes for the industry and potential risk mitigation strategies as well as opportunities to make the sector more resilient for future challenges. Infrastructure and construction businesses continue to be faced with the challenges of improving productivity and successful project delivery. Through a review of some impacts on the sector due to COVID-19 and also by sharing KPMG’s recent construction survey results globally and in Australia, the speaker will highlight the opportunities for the sector to improve its productivity by developing and implementing robust governance, project controls, data-based solutions and new digital technologies. Armed with these capabilities, organisations will be more resilient and better positioned to safe-guard themselves in future. Presenter bio With a successful record of executive positions and as an industry innovation award winner, Pedram is currently leading and inspiring teams for setting a benchmark in delivery of Integrated Project Controls (Scope, Time, Cost, Risk) and Project Risk Management to provide clients transparent and practical risk engineering solutions in developing and delivering major projects. Prior to this, Pedram was Jacobs Technical Director (Risk) across Asia Pacific and also Head of Planning & Risk for UGL in a wide range of projects across Transport, Water, Power Generation, Coal, LNG/Oil & Gas. Presentation slides Capital projects beyond covid_20200602.pdf
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    WEBINAR - Coronavirus - Lessons in Risk, Resilience & Complex Systems SPEAKER - Warren Black (Founder & Principle of Complexus) As disruptive as the Coronavirus crisis has been, there is no doubting this is a monumental case example of modern risk management within complex situations. Consider how the crisis has already demonstrated the concepts of disruption, emergence, resilience, chaos, the butterfly effect, systems thinking and many other complex systems phenomena. Join us as we discuss what practical lessons and insights into modern day risk management (particularly within complex situations) we can learn from the Coronavirus Case Study so far. About the speaker Warren Black is an Engineer, Risk Professional and Complex Systems’ Thinker who has particular interest in understanding how the complexity sciences might offer a better means to controlling emergent risks within highly complex, operating environments. Warren consults to industry on how to improve Governance, Risk & Assurance practices so that they may reflect not only the degree of investment at risk, but also the specific complexities in play. He is currently engaged in a higher degree in research (PhD) program, whereby he is Investigating a Systems Thinking Approach to managing Complex Risks, at the Queensland University of Technology, Engineering Faculty. Recording Presentation slides Risk, Resilience & Complex Systems - REBOK Webinar - 19 May 2020.pdf
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    REBOK online webinar event About the presentation 1. The REBOK has been growing over the last 2 years and following its “soft” launch in July 2019 is ready for more interaction from our wider Engineering community. This information session is designed to give all interested parties an introduction to REBOK content and how the REBOK pages work. You will then be inducted into and how you can usefully contribute and share your knowledge to the RISK Engineering Body of Knowledge. 2. COVID-19 has the whole world reeling from its devastating effects. This session introduces the COVID-19 pandemic from an engineering and RISK perspective and provides an opportunity to reflect on how the world got to where it is at now and what factors are at play affecting where the world will head into the short, medium and long term future. Key takeaways o Learn how the REBOK Community is becoming the trusted voice on RISK for the engineering and wider communities o Learn how the engineering profession has contributed to and dealt with solving the disaster presented to us by this COVID-19 Pandemic disaster o Take away a freshly considered understanding of the past Affects and the future Effects of the uncertainty around dealing with the fallout from this pandemic and what you can do now to deal with new problems as they emerge. If you are a leader in your field or just a concerned party: engineer; scientist; or practitioner affected by this pandemic, this session will have something to stimulate your thinking and to help you reflect on your plans for the future. About the speaker Geoff Hurst FIEAust CPENG NER CHOHSP (Director & Founder @ ENGENEOHS Pty Ltd) Geoff Hurst is a well qualified OHS and Risk Engineering professional with expertise in the development of safety and risk management frameworks, embedding & developing effective Health & Safety Management Systems, workplace wellness programs, and implementing workplace cultural change in a variety of settings. He has a depth of experience from opportunities including: manufacturing, construction, local government, entertainment, transport & logistics, service and education sectors. Geoff also has extensive leadership experience in dealing with pandemic and industrial illnesses including: H1N1, SARS, MERs, Industrial chemical exposure and related disasters and has a special interest in the health of Australian workers. Recording Presentation slides Intro to REBOK - COVID-19.pdf
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    A new edition of IEC 31010 Risk Management Risk Assessment Techniques was recently released and will be published as an Australian standard later in the year. This presentation will explain the philosophy the team followed in revising the standard and will explain the differences between the latest release and the 2009 version, and explaining the ‘why’ behind it. Risk is defined in ISO 31000 Risk Management as the effect of uncertainty on objectives - but what do we mean by uncertainty and what implications does this have for the practicalities of assessing risk? Delivered by Professor Jean Cross, this presentation will draw attention to some of the techniques introduced in this edition that were not in the last.
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