Mining Risk Management Functions Audit
Nov 13th, 2014
Mining Risk Management Functions Audit
Mining Risk Management Functions Audit help your risk assessment do all what you want. Would you like to:
- rationalize the sizing of insurance coverages?
- understand extant interdependencies within and outside your system? Finally,
- receive a unique management roadmap with a unified approach to 360°risks, including environmental, reputational and cyber risks spanning over your entire system?
Mining Risk Management Functions Audit
The replies to those questions should be the direct result of your risk assessments.
However, if your risk assessments are not explicit, updatable and transparent, they could lead to liabilities that could be challenged in courts of Law. The reasons have been published by Nasa (2007 Engineering Handbook), ISO (31010, 2009) as well as numerous researchers and practitioners around the world, including S. Vick (2014) and Riskope (since 2003).
Think of the peace of mind that could come from a comprehensive and transparent risk assessment.
Would it be a shame to miss out on getting clear about your insurance needs before renewal.
Tagged with: cyber risks, environmental risks, insurance coverages, interdependencies
Category: Consequences, Crisis management, Mitigations, Probabilities, Probability Impact Graphs, Risk analysis, Risk management, Tolerance/Acceptability
[…] first step into a convergent ERM approach deployment is a Risk Management Functions Audit, the second being a full ORE implementation to replace obsolete siloed […]