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Found 4 results

  1. CCPS Monograph: Risk Based Process Safety In Disruptive Times Executive Summary This CCPS Monograph provides insights for managing Process Safety during and following the COVID-19 pandemic and similar crises. A CCPS task force has assembled this monograph based on their own experiences and expertise as well as input from CCPS member company representatives. The monograph is organized by the RBPS elements. Although human factors is not a RBPS elements, human factors is addressed in Process Safety Culture, Stakeholder Outreach,
  2. These two articles are examples of the application of Generative Techniques in innovative projects to help realise Opportunity Risks resulting in acceptable outcomes. University of Woolongong Researchers from the University of Wollongong (UOW)’s Translational Research Initiative for Cell Engineering and Printing (TRICEP), ARC Centre of Excellence for Electromaterials Science and UOW’s Makerspace worked together to design a face shield to protect medical workers. “We are looking at our capac
  3. Introduction Enterprise risk management is the identification, prioritisation and treatment of the risks which may hinder an organisation or company from meeting its business objectives. Large engineering firms, as well as high-risk industries including mining, oil and gas will generally have a central enterprise risk management framework to which all other forms of risk management – including project risk management and risk engineering – should align. Elements of enterprise risk management frameworks Typical elements of an enterprise risk management framework include: C
  4. Introduction The Committee of Sponsoring Organizations of the Treadway Commission (COSO) Enterprise Risk Management – Integrated Framework is well known and referenced, particularly in internal control and auditing applications. Application This framework describes a form of enterprise-wide risk management with a focus on matching risk management with strategy to develop an internal control capability to effectively manage risk. It is suited to general risk management in corporate organisations. For discipline specific risk management, other standards exist (eg project ris
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