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Toward the disappearance of corporate information silos effects

Disappearance of corporate information silos effects In 2014 we stressed in various posts how risk management has to encompass asset management. That’s a concept embraced by ISO 31000 and ISO 55000. It seems that ISO is also finally recognizing that QMS (Quality Management Systems) and information silos are incompatible. Moreover certainly not independently from Risk Management. Therefore ISO puts clear emphasis on Risk-based management. It should help to consider issues, determine risks and opportunities, define actions to address the risks, and…

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A modern Risk Manager and an Engineer have a heated discussion about FMEA/PIGs, common practices and what a rational and transparent quantitative risk assessment should encompass

A modern Risk Manager and an Engineer have a heated discussion about FMEA/PIGs. The dialogue below is an excerpt of the course entitled “Risk-Based Management Of Tailings, Waste Rock, And Heap Leach Facilities” that Riskope and Jack Caldwell (Robertson Geoconsultants) are co-writing for Edumine. Risk Manager and an Engineer have a heated discussion about FMEA/PIGs, and risk matrix 5×5 The dialogue format is used as a “literary device” to allow the reader to hear different “voices” from the industry and…

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