Risk Management

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Name:	Risk Management
Acronym:
Type:	Competency Element

Parent Discipline

Business Management

Child Sets

Child Sub Element

Definition:

The art and science of identifying, analyzing and responding to risk factors throughout the life cycle of a project in the best interest of its objectives.

Related Document:

Accounting for Maintenance: Is there a Financial Gap?
Risky Business: The Impact of Risk Exposure Costs During the Asset Life Cycle
A System Methodology for Holistic Risk Assessment in Asset Management
Who Moved the Goalposts? A Case Study of Misalignment Between the Asset Management Plan and the Business Environment
Economic Models for Unscheduled Downtime and Loss of Service
Total Control Over Human Error - A Reliability Model
A Journey to the Future
Using the Decision Model Development Process to Assist in Knowledge Management
Proposed Blueprint for Setting Up an Asset Management System
Asset Management Implementation At Leading Oil Refinery In Asia
From Paper Mountain To Electronic Dashboard
Modelling Tools To Predict The Condition Of Underground Sewer Assets
Asset Management And The Capability To Get There
Leading Performance Management Solutions For The Global Utilities Sector
International Network Asset Management- Information Technology Services Consortium (NAMITS)
Defect Elimination Management In An Operating Environment
Forecasting Renewal Expenditure For Council Buildings
Quantitative Risk Based Replacement Of Critical Water Mains
The Economics Of Condition Monitoring Considering Reliability Of Monitoring Warning Time And Intermittent Monitoring
The State of Play in Asset Management - A Survey of Australian Infrastructure Agencies
The Business Case Involving Intangibles
Growing Asset Management Capability in a Diversified, Global Services Company
Right Asset Strategy Strengthens Competitive Advantages for Maple Leaf Cement
Smart Planning Implements Efficiencies in Maintenance Management
Effective Implementation of an Asset Management Improvement Program
Asset Strategy Development Using Defect Elimination Methodology
Long and Medium-term Forecasting of Operation and Maintenance Costs in an Electrical Utility: Case Study Using Principle of Evidence Based Asset Management
Enterprise LOS Decision Making Using a Tactical Modeling Approach
Using the Principles of Asset Management to Improve Highway Safety
Reliability or Maintainabilty, Competing Alternatives
Reliability Based Deterioration and Replacement Decision Model for Community Buildings
Risk intuition - blurring the lines between procedure and practice
A Probabilistic Approach for Deterioration Prediction and Cost Optimization of Community Buildings Using Monte Carlo Simulation
Use of Quantitative Risk Modelling Across Different Asset Types
Formulating & Implementing Effective Asset Management Strategies for Large Mobile Bulk Materials Handling Plant
Product Services Systems and Their Support
Maintenance Function Review
Asset Investment Planning for the US Army Corps of Engineers Hydropower Plants
RCM or RCA – Which Comes First? The Chicken or the Egg
ISO 5500x Implementation Tools & Framework
ISO 55001 Asset Management SystemBenefits & Implementation
The Asset Journal Issue 0801
Breaking Down the Barriers Organisational Alignment and ISO 55000
Conformity and Certification against ISO 55001
AMBoK Models
The Asset Journal Issue 0802
Framework for Asset Management Second Edition
6 Critical Steps for a Successful Root Cause Analysis
AES Asset Management System
Preparing for ISO 55000 Developing a Global Facility Asset Management Framework (AMF) including a case study at Olympic Dam
Are Your Decisions Truly Optimal?
Process Reliability
Asset Integrity Management A Structured Approach
ASSET MANAGEMENT IN DESIGN
Balancing Capital Efficiency with Optimising Operational Performance
Beyond mining: Can shared coal industry knowledge be adapted to improve risk management outcomes in other high-risk domains??
Condition Monitoring Process Map with Measures Lead to Precision Maintenance Initiatives. Then Understand Why Precision Maintenance is so important
Developing Maintenance Strategies using RCA & RCM Yarragadee Bores Case Study
Evaluation of risks for asset management and support services improvement projects
Financial Return of the Performance Culture
Improving Woodside’s asset management capability using an integrated Risk Based Inspection system
Risk The Common Language of Asset Management Decision Optimisation
Robust Risk Management is Essential in Asset Management & ALL Enterprises
TRAIN UNLOADING FACILITY DEFECT ELIMINATION PROGRAM
Asset Management Standards From PAS55 to ISO5500 - Where could this go to?
Risk management frameworks for foundation Asset Information Systems Lessons drawn from experiences in the utilities industry
Bearing Manufacturing Failure
Maintenance Execution & Shutdowns best practice
RAM Modelling during Operations
Strategic Slow Moving Spares Levels Optimisation
Human Resource Issues of Asset Management - Iran 2009
Planning for Reliability Its SAP that brings it all together
BSI-PASS-55 Globally Emerging Perspectives & Chellenges
A Systematic Methodology for Holistic Risk Assessment in Asset Management
Monitoring the Health of Health Care Assets
Assuring Asset Integrity
e-maintenance vulnerability and other maintenance risk aspects
Evolution of Risk & High Reliability SystemConcepts over 50 years Review of key* international events With Discussion on how these changed risk and reliability thinking and actions internationally & locally
NSW Government Asset Management Framework
REPAIR / REPLACE DECISION MAKING PRACTICES
Changing Definitions of Asset Management
Condition Based Risk Management of Protection Assets
Presentation to PEMAC Nov 2014 Companion Guide to ISO 55001 and Underpinning Framework
Conformity and Certification against ISO 55001
Re-building the approach to Asset Management with ISO55001
A Primer for the Companion Guide to ISO 55001 and Underpinning Framework
Synergy Between Methodology and Technology to Improve System Reliability
Yarra Trams Case Study
Asset Management Maturity
Asset Management Maturity
The Asset Journal Issue 0901
Asset Management: Local Government
Risk-based renewals planning for Sewer Pump Stations
The asset management maturity model project
Risk Management as Part of AM Implementation
Building Asset Management Capability in a Budget-Constrained Organisation
Getting the planning phase right means taking a whole of life approach
ASSET RESILIENCE
The AEO Model – developing a more mature industry
Asset Management Delivery
ELECTRICITY NETWORK ASSET REPLACEMENT/REFURBISHMENT DECISION SUPPORT FOR LINEAR PLATFORM
The Use of Asset Management Practices in Support of Sustaining Australian Defence Platforms
LINKING ASSET RELIABILITY IMPROVEMENT WITH ASSET MANAGEMENT PLANS
USE OF MULTI-FOLDS ASSET OPERATIONAL PERFORMANCE DATA TO PRIORITISE BUSINESS IMPROVEMENT ACTIONS: CHALLENGES AND OPPORTUNITIES
A contemporary model for integrated asset and investment assurance
METHODOLOGY FOR LINKING EXTREME FLOOD EVENTS AND THE COST OF DAMAGE TO WATER SECURITY INFRASTRUCTURE ASSETS
VALUE BASED DECISION MAKING
A Tactical Approach to Root Cause Analysis
Measuring Cost, Performance and Risk in Asset Management
Process Model for balancing Performance, cost and risk
Big Data and its role in Asset Management
Big Data Management for CRN Rail Asset Maintenance
The challenges in using asset management data for risk based decision making
Intelligent Transport Systems
How to improve Asset Availability, and Reduce Maintenance Costs through using Predictive Maintenance technology
Asset Management in the Department of Transport and Main Roads
Myths of Asset Management – Risk
Myths of Asset Management - Asset Failure
ASSET MANAGEMENT MATURITY IMPROVEMENT PROGRAM
Asset Management Myths
IS rating scheme for Operations
An Approach to Defence Asset Performance Measurement
The Defensible Maintenance Budget
Taking Risk out of Risk Management
Minimise Replacement Downtime using Parallel Process Mapping and Activity Externalising
Rational Basis for Asset Management – A Water Infrastructure Case
ASSET MANAGEMENT MATURITY IMPROVEMENT PROGRAM
Priority Information Needs and Data Quality Assessment
Asset Management Accountability Framework
Aroona Alliance Maintenance Optimisation Project
Hydro Ottawa''s Asset Investment Planning Tool Implementation
AMPing your Enterprise - Realizing the Benefits of Asset Management
ISO55001 Implementation Guidelines Project
Productivity versus Risk - What to focus on and why
Improving Profits Using Data
Management System Synergies – Linking ISO 55000 and ISO 9000
Customer Requirements for Asset Management Improvement using ISO 55001
Integration of ISO 55000 with Organisational Objectives
Predictive Maintenance - Using asset data to gain value in maintenance decisions
The value of asset management to decision makers
Using Recognised Frameworks to Provide Value
Driving new value through Natural Capital Asset management
Towards a Customer Centric Organization
ISO 55001 – The WHY
''S.E.C.U.R.D'' Our Asset Management Journey
Asset Management Questions - Will increasing the frequency of overhauls or component replacements increase reliability?
The Asset Management System Model - Ebook
Asset Management Maturity Assessment Questions
Update of ISO55002
Implementation Framework for Improved Renewals Planning
Financial Models for Long Term Asset Management Planning
Planning for Success Optimising the Translation of Asset Planning to Capital Delivery Strategy
TRANSFORMING FOR SUCCESS
Reliability-Based Feasibility Study of Asset Renewal Involving Intangible Factors
Understanding Reliability
Electricity Network Asset Replacement/Refurbishment Decision Support for Linear Platform
40 Year Life Cycle Outlook for Building Assets
Sparking Up the Electricity Sector With A Linear Platform
The (40 Year) Cycle of Life
Asset Management – Defending the Business
Asset Management Critical Factors for Fleets
Determining a Cost Effective System
Asset Management Accountability Framework (AMAF)
What is Asset Management Anyway? – Debunking the Myths!
Big Data – Big Benefits?
Unlock the Value of Asset Management
Asset Management Value Proposition
Asset Management Systems in Asset Intensive Industries
Integrating Process Safety with Asset Management
Portfolio Optimisation and Risk
Managing our Heritage Buildings
A Fuzzy-Based Vulnerability Assessment Model for Infrastructure Networks
Data Science in Maintenance – Debunking the Myth
Joint AM/FM Paper
Reliability and Availability re-visited and the Meaning of Life
Asset Management Systems
The Asset Journal Issue 0901
The Asset Journal Issue 1002
The Asset Journal Issue 1004
The Asset Journal Issue 1102
The Asset Journal Issue 1103
Asset Strategies

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