Risk Register Implementation and Management – Practical Challenges – a Case Study
CCPS Middle East Conference on Process Safety
2017
2017 Middle East Process Safety Conference
General Submissions
Lessons Learned and Best Practices
Tuesday, October 10, 2017 - 4:00pm to 4:30pm
In implementing risk register, in a mid-tier upstream oil and gas facility, champions from each functional area were identified and nominated. ISO 31000 risk management fundamental trainings were given to the working group representing each department. In the working group, templates were produced to undertake risk assessments for various activities undertaken by each department using the companyâs corporate risk acceptance criteria. The workshop on hazard identification and risk assessment was attended by management and operational representatives from diverse backgrounds. The top risks were then identified, endorsed by Heads of Departments and were communicated to Executive Management through monthly and quarterly review meetings.
Practical challenges were in the following areas a) Ownership of risk registers b) Keeping the risk register information current c) Integrating Operational risks with Enterprise Risk Management and d) Consolidation of information to Executive Management and Leadership teams.
In this case study, risk register implementation and practical challenges are presented.
Checkout
This paper has an Extended Abstract file available; you must purchase the conference proceedings to access it.
Do you already own this?
Log In for instructions on accessing this content.
Pricing
Individuals
AIChE Pro Members | $695.00 |
Employees of CCPS Member Companies | $695.00 |
AIChE Explorer Members | $895.00 |
Non-Members | $895.00 |