Managing risks
Problems addressed
- There is a negative event such as a fire or an outage that management would like to avoid in the future
- Management would like to reduce exposure to external threats such as climate change
Example Service Approach
- Root cause / corrective action workshop or project
- Analysis of risks against key objectives
- Development of risk assessment processes to inform capital investments
- Collect data about external threats such as location risks from climate change or regulatory changes and prioritize
Highlights
- Completed a facility-by-facility assessment of risks from zoning regulations, environmental factors, fire / life / safety, etc.
- Determined priority based on severity, probability, and detectability.
- Recommended actions and improved risk profile.
