Operational risk management scope

SCOPE OF SUBJECTS FOR AN OPERATIONS RISK MANAGEMENT AUDIT GUIDE... 

On the basis of this assumption, it is essential to monitor and inspect the machine/ equipment safety and maintain stable conditions for risk reduction. Safety management is not a static issue—it is a continual task. After the guarantee period expires at the latest, it is obvious that the machine user is legally and morally responsible for activities within risk management (Directive 89/391/EC). The user s scope of activities, naturally and to a large extent, includes maintenance. A technical equipment operator must be familiar with the methodology and tools of risk analysis and must be provided with a management structure that enables machines and equipment to be operated in a safe way. 

Operating management establishes the scope, priority, and pace for system implementation taking into account the complexity and risks involved in their operations ... 

The scope of this study is to illustrate how a maintenance and reinvestment strategy can be designed in order to manage the risks and costs associated with these assets. A strategy is considered to be a set of rules about what to do with different types of assets, e.g. whether to maintain or replace them. The case is built upon previous research reported in (Nordgard, 2008 Nordgfcd Sand 2008) and has as focus on personnel injury caused by malfunction of manually operated switch with a burning electric arc as a result. 

The documents described, namely, System Qualification Procedures (SQPs) and Standard Operating Procedure (SOP) in Figure 1 contain a generic risk assessment for determination of the validation scope and effort on the equipment lyophilizer. They were also used as a generic validation master plan for the project. Management of the project resources, costs, and deadlines was performed with a model created in a standard project planner. 

Supply chain event management enables organisations to gain visibility upstream and downstream of their own operations and to assume an active rather than a passive approach to supply chain risk. Figure 9.2 shows the progression from the traditional, limited scope of supply chain visibility to the intended goal of an intelligent supply chain information system. 

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