Mining Risk Management Functions Audit

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

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: , , ,

Category: Consequences, Crisis management, Mitigations, Probabilities, Probability Impact Graphs, Risk analysis, Risk management, Tolerance/Acceptability

One response to “Mining Risk Management Functions Audit”

  1. Major Mining Corporation Hacked - The Ore Foundation says:

    […] 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 […]

Leave a Reply

Your email address will not be published. Required fields are marked *

Riskope Blog latests posts

  • Convergent quantitative Entreprise Risk Management on Divergent Risks
  • 1-12-2021
  • Convergent quantitative Enterprise Risk Management on Divergent Risks is an extension of our recent discussion on business interruption risk profiles.…
  • Read More
  • Business interruption risk profiles
  • 24-11-2021
  • Riskope’s ORE deployments generally include quantitative convergent business interruption risk profiles. These are based on “as usual” and, very importantly,…
  • Read More
  • Pit failure at Codelco Ministro Hayes in Chile
  • 17-11-2021
  • We read about the recent pit failure at Codelco Ministro Hayes in Chile. We have also read that there will…
  • Read More
  • Get in Touch
  • Learn more about our services by contacting us today
  • t +1 604-341-4485
  • +39 347-700-7420

Hosted and powered by WR London.