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Upcoming Courses & Workshops

Event: Cyber and Operational Risk Management
Sponsors:
Date/Time: 30/04/2019 - 01/05/2019 - All Day
Location:
Details:

Riskope will present Fostering Sustainability and Value Through Convergent Risk Assessments at infonex’s Cyber and Operational Risk Management in Vancouver B.C.

Cyber and Operational Risk Management

Riskope’s presentation will discuss holistic and convergent approaches. Indeed, Risks generated by cyber, natural and man-made hazards, cannot be tackled by siloed approaches do not work
• Cyber risks are not only an IT issue, thus convergent approaches are needed
• Cyber attacks can generate physical arm because of direct or indirect hits
• Systemic analyses are paramount to foster better decision-making and finally
• Sustainability and value increase with the use of convergent risk assessments

Cyber and Operational Risk Management

Cybersecurity ranks as the #1 priority for financial institutions today. That is mainly because cyberthreats affect all functions within the organization and there is an increasing number of actors.

Also, Operational and compliance risks have become complex and entwined. Indeed the potential for failed processes that govern control breakdowns had grown tremendously.

Thus a holistic governance approach bringing the entire risk portfolio of an organization together, is nowadays OpRisk leaders preferred way.

It is therefore paramount to mitigate risks with an eye to the big picture.

Meanwhile many risk leaders feel overwhelmed by the scale and breadth of potential threats.

Infonex’s Operational Risk event, now in its 14th year. The conference will provide strategies for mitigating risk in the current regulatory environment.

Riskope’s presentation Fostering Sustainability and Value Through Convergent Risk Assessments covers indeed many angles within the conference’s scope.

Go Beyond a One-Size-Fits-All Approach!

  • Exceed regulatory expectations for management of cyber and operational risk
  • Set the right expectations for cyber and operational risk resilience
  • Identify controls of digital transformation
  • Explore root causes of operational risk events
  • Introduce business process mapping to your toolkit
  • Develop a risk culture framework
  • Go ahead of the curve on the moving target of cyber
  • Embrace the new rules for capital modeling and finally
  • you will be able to discuss what the future holds for cybersecurity and operational risk in business!

Who Should Attend This Event

Risk officers
Vice-Presidents and Directors of Enterprise Risk Management
Operational Risk Professionals
Information Security
Information systems
Business Continuity
Outsourcing
New Initiatives and Change Management and fnally
Internal Audit

Information Technology

 

Past Events

Event: CIM MES Vancouver NI 43-101 and Risks. What Risks?
Sponsors:
Date/Time: 12/10/2017 - 4:15 pm
Location: Room 2800, Segal Graduate School of Business – Simon Fraser University, 500 Granville Street, Vancouver, BC
Details:

CIM MES Vancouver NI 43-101 and Risks. What Risks? shows how the definition of the “viewing angle” (corporate, investor, regulators, public, etc.), the success/ failure criteria, the resulting multi-dimensional consequences are of paramount importance when attempting to perform a Risk Assessment (RA). If any of those is missing or unclear for example due to fuzzy glossary  any RA will be meaningless or at least misleading.

This is particularly important when looking at the relationship between the disclosure requirements intended for investors following, for example, NI43-101.

CIM MES Vancouver NI 43-101 and Risks. What Risks?

NI43-101 reports should provide information about a mine to prospective investors. However, in our experience, numerous factors generally not included in the report can turn a great prospect into a financial disaster, with dire consequences to the investors.

Recent failures of tailings facilities brought back this particular issue with great emphasis.

Johari window application in risk management

Some operational risk may indeed significantly affect share values and ability to conduct business, maintain Social License to Operate (SLO).

The Expert Panel opinion report on the Mt Polley tailings facility failure recommended that all proposed new tailings facilities should include a bankable feasibility study, but “bankable” is not an assurance either.

What should a NI 43-101 include from a risk perspective?

Thus it is reasonable to ask: should an NI43-101 report contain information about critical mine’s facilities (risks) such as tailings, access roads, logistics, etc..? And, if positive, which ones? Should NI43-101 report include holistic convergent scalable and drillable risk assessments? Again, if positive, convergence should cover at least:

  • tailings facilities and dumps
  • ingress/egress (logistic and supplying infrastructures)
  • energy
  • closure …

We will use examples from large spectrum risk assessments for tailings systems, dumps, road and railroad mining logistic, mining wharves, water, energy, cyber, etc.  We will show that risk assessments intended for investors may highlight different conclusions than the ones intended for the corporation or management, although both are based on the same holistic hazard and risk register.

It is ok to read NI43-101 report but don’t think it is enough. If considering investment in a new mine or investment it is time to get the full picture. That includes understanding a few specific points about what risks really matter.

Registration

Please visit CIM MES post to register as early as possible as seating is limited.

 

 

Event: A step by step guide to gaining competitive advantages for projects and operations.
Sponsors:
Date/Time: 09/07/2017 - All Day
Location: Imperial College London, Kensington, London , UK
Details:

A step by step guide to gaining competitive advantages for projects and operations:

From the authors of Improving Sustainability through Reasonable Risk and Crisis Management (2007) and The Long Shadow of Human‐Generated Geohazards: Risks and Crises (2016), in conjunction with the Managing Risks across the Mining and Oil & Gas Lifecycle conference to be held at Imperial College London, a course beneficial for all who have to:

  • design,
  • permit,
  • construct,
  • operate,
  • insure and perhaps
  • close a geo-environmental facility in the mining and oil&gas arena.
Register now: please download the PDF registration form, and return it to Georgina Worrall.

A step by step guide to gaining competitive advantages for projects and operations

Subject:

A step by step guide to gaining competitive advantages for projects and operations is a hands-on exercise based on a real-life case history of a 60Mm3 dry asbestos tailings dump’s environmental rehabilitation at the Balangero Asbestos Mine (N-W Italy). The competitive bid for the project, was won by an engineering group supported by step by step disciplined risk assessments. Thus it was demonstrated that including quantitative risk assessment through the design of a project, from cradle to delivery and including risk driven maintenance concepts brought value and a leading edge to the proponents with great benefit to society at large.

Fig. 1 Scheme of the ORE (Optimum Risk Estimates) continuous process. Scalable and drillable from cradle to grave for any project, alternative, operation. A step by step guide to gaining competitive advantages for projects and operations

Delivery method:

Together we will work through all the phases of the approach (based on the ORE methodology -Optimum Risk Estimates- ©Oboni Riskope Associates Inc.) including:

  • System definition
  • Success/failure criteria. Objectives Hierarchy, constrained objectives.
  • Alternatives generation
  • Data
  • Probabilistic estimates
  • Hazards and multi-dimensional consequences analyses
  • Risks &Risk tolerances
  • Dashboards
  • Recommendations and Condition of validity.
  • Decision-making (alternative selection, mitigation, resilience enhancements, etc.)
  • Actions (includes communication)
  • Back to the start: monitoring, new data, etc.

Registration:

If you wish to register for this course, please download the PDF registration form, and return it to Georgina Worrall.

Important additional information

Special focus:

We will look at all technical aspects as well as “soft-issues” related to the definition of criteria, risk communication, definition of tolerance, possibly working out some role-plays using decision-makers and board members archetypes.

No special requirements:

There is no need for participants to be conversant in probabilities or statistics and there will be no “theory” or “maths” discussions unless the majority of the delegates requests these themes to be explored a bit more.

Who should participate:

This course is for all who have to design, permit, construct, operate, insure and perhaps close a geo-environmental facility of any kind, but also, more specifically waste rock/tailings dump, or spent heap leach pads in the XXI century.

Take aways:

Upon completion, participants will be better equipped to manage complex geotechnical/ geological projects, in accordance with current best management procedures, including:

  • comprehensive consideration of hazards,

  • probabilities of failure,

  • consequence quantification, and most importantly,

  • implementation of mitigation measures to reduce cost and ensure safety.

Register now: please download the PDF registration form, and return it to Georgina Worrall.

Schedule and ToC:

09:00-10:30

  • Introductions
  • System definition
  • Success/failure criteria. Objectives Hierarchy, constrained objectives.
  • Alternatives generation

Coffee

11:12:30

  • Delivered data
  • Needed data. Data to be acquired/evaluated
  • What methods to use for probabilistic estimates?

Lunch

13:30-15:00

  • Hazards and multi-dimensional consequences analyses
  • Risks
  • Risk tolerances
  • Dashboards
  • Recommendations and Condition of validity.

Coffee

15:30-17:00

  • Decision-making (alternative selection, mitigation, resilience enhancements, etc.)
  • Actions (includes communication)
  • Back to the start: monitoring, new data, etc.
  • Discussions

Register now: please download the PDF registration form, and return it to Georgina Worrall.

 

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