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Home » Articles » on Risk & Safety » Page 19

on Risk & Safety

A listing in reverse chronological order of articles by:



  • Greg Hutchins (editor) — CERM Risk Insights series

  • Doug Lehr — Equipment Risk and Reliability in Downhole Applications series

  • Sanjeev Saraf — Operational Risk, Process Safety series

by Greg Hutchins Leave a Comment

Bruce Turner – Future of Internal Audit – Howard Wiener Interviewer

Bruce Turner – Future of Internal Audit – Howard Wiener Interviewer

Interview by Howard Wiener of Bruce Turner (first posted on CERM ® RISK INSIGHTS – reposted here with permission)

Bruce is an active company director and audit committee chair. He is a well-respected transformational leader with deep and broad professional governance, risk, compliance and audit experience. He was appointed a Member of the Order of Australia (AM) in the Queen’s Birthday Honours of 2015 in recognition of his significant service to public administration through governance and risk management practices, and to the profession of internal auditing.

[Read more…]

Filed Under: Articles, CERM® Risk Insights, on Risk & Safety

by Sanjeev Saraf Leave a Comment

Overview Of Chemical Plant Security

Overview Of Chemical Plant Security

Chemical Facility Anti Terrorism Standard (CFATS) came into force on Nov. 20, 2007 as a Federal Regulation under 6 CFR 27. This set into motion the process of assessing threats to chemical plants and refineries in the U.S.

[Read more…]

Filed Under: Articles, on Risk & Safety, Operational Risk Process Safety

by Greg Hutchins Leave a Comment

Learning Curves: A Bitter buy Undeniable Risk!

Learning Curves: A Bitter buy Undeniable Risk!

Guest Post by Malcolm Peart (first posted on CERM ® RISK INSIGHTS – reposted here with permission)

Despite our collective educational establishments that purport to teach so that people can learn, ‘education’ is not necessarily learning.  Mark Twain wrote disparagingly that “Education consists mainly in what we have unlearned” and also that he never let schooling interfere with his own education.  Education is not necessarily knowledge and real learning comes from the application of theory tempered with experience which will make for better decisions and better outcomes.  Benjamin Franklin’s words from over 200 years’ ago “Tell me, I forget. Teach me, I remember. Involve me and I learn” still ring true today.

[Read more…]

Filed Under: Articles, CERM® Risk Insights, on Risk & Safety

by Sanjeev Saraf Leave a Comment

GAO: CSB Not Meeting Its Statutory Mandates

GAO: CSB Not Meeting Its Statutory Mandates

According to a recent report (Aug. 2008) from the Government Accountability Office (GAO), the Chemical Safety Board (CSB) is not in compliance with its statutory mandates.  The CSB is an independent federal agency charged with investigating industrial chemical accidents and has been in operation since 1998. GAO report states that CSB is not investigating all chemical releases that have a fatality, serious injury, substantial property damage, or the potential for a fatality, serious injury, or substantial property damage. [Read more…]

Filed Under: Articles, on Risk & Safety, Operational Risk Process Safety

by Doug Lehr Leave a Comment

Serviceability

Serviceability

The technician explained it to me like this: “The part costs only $5, but I need to disassemble other stuff to get to it, so my labor charge will be $300. But don’t worry, I replace lots of these.” 

[Read more…]

Filed Under: Articles, Equipment Risk and Reliability in Downhole Applications, on Risk & Safety

by Greg Hutchins Leave a Comment

Anticipatory Leaders Leverage Future Facts (TM)

Anticipatory Leaders Leverage Future Facts (TM)

Guest Post by Daniel Burrus (first posted on CERM ® RISK INSIGHTS – reposted here with permission)

We cannot turn back the clocks and undo the damage the pandemic has done, but we can move forward with an anticipatory mindset and a firm plan of action. For many decades now, and in all industries, digital disruption has been on an exponential curve upward. Because the pandemic forced us to turn to technology for help on both a personal and business level, the pace of technology-driven change increased dramatically, far beyond merely exponential levels. Now that this change has been set in motion, the question remains: What do we do now?

[Read more…]

Filed Under: Articles, CERM® Risk Insights, on Risk & Safety

by Sanjeev Saraf Leave a Comment

Is Your Organization Making The Right Decisions?

Is Your Organization Making The Right Decisions?

Eating a few fries this one time will not increase risks of a heart attack. Plus I like the fries from this joint. I’m ready to order!!

That was a relatively easy decision; however, there are certain decisions that are more complex and may have significant implications to your organization’s future including organizational safety.

[Read more…]

Filed Under: Articles, on Risk & Safety, Operational Risk Process Safety

by Greg Hutchins Leave a Comment

Victoria’s New Risk Management Framework

Victoria’s New Risk Management Framework

Guest Post by James Kline (first posted on CERM ® RISK INSIGHTS – reposted here with permission)

Enterprise Risk Management (ERM) is considered an important management tool and part of good public sector governance in Australia. The Commonwealth of Australia and the states of Victoria and New South Wales have implemented ERM. In addition, the states of Tasmania and Western Australia have issued good governance frameworks which include risk management.  This piece will provide a historical overview of the risk management approach used by the Australian State of Victoria. It will then discuss the changes made in the 2020 revisions to its 2018 Victorian Government Risk Management Framework.

[Read more…]

Filed Under: Articles, CERM® Risk Insights, on Risk & Safety

by Sanjeev Saraf Leave a Comment

Developing Trust While Communicating Risks

Developing Trust While Communicating Risks

Communicating risks to public from chemical or nuclear facilities is a major challenge. We notice this over and over again with EPA community-right-to-know, nuclear power plants and lately with the LNG facilities.

[Read more…]

Filed Under: Articles, on Risk & Safety, Operational Risk Process Safety

by Doug Lehr Leave a Comment

Survivability

Survivability

 The wellsite is 200 miles offshore, and based on experience with the application, your team is confident about reliability. But will the downhole tool survive the journey to setting depth? 

[Read more…]

Filed Under: Articles, Equipment Risk and Reliability in Downhole Applications, on Risk & Safety

by Greg Hutchins Leave a Comment

Career Long Lessons From a Once in a Lifetime Disruption

Career Long Lessons From a Once in a Lifetime Disruption

Guest Post by Daniel Burrus (first posted on CERM ® RISK INSIGHTS – reposted here with permission)

For some, the post-coronavirus “new normal” is a frightening concept that rattles their status quo, while others are taking this moment to seize new opportunities afforded to us by a global disruption, as COVID-19 has proven to be. The fact of the matter is that aforementioned opportunity is available to all of us, whether our “new normal” is unbearably difficult or extremely simple.

You may be asking yourself: How is that possible?

[Read more…]

Filed Under: Articles, CERM® Risk Insights, on Risk & Safety

by Sanjeev Saraf Leave a Comment

Maintaining Process Safety During Tough Economy

Maintaining Process Safety During Tough Economy

We appear to be in a global recession – companies all over are struggling to deal with impact of economic slowdown. In an attempt to maintain profits, companies are drastically reducing their spending and also trimming down their workforce. It is anticipated that one-fourth of the employers in the US will undergo workforce reduction in 2009. As a result of pessimism and uncertainty about future, there is an increased level of anxiety amongst the employees. There are a few issues that a chemical manufacturing firm must address to ensure safe operation during the downturn:

[Read more…]

Filed Under: Articles, on Risk & Safety, Operational Risk Process Safety

by Greg Hutchins Leave a Comment

Annette Davison Ph.D – Future of Work – Risk Management

Annette Davison Ph.D – Future of Work – Risk Management

Guest Post by James Kline (first posted on CERM ® RISK INSIGHTS – reposted here with permission)

Dr. Davison has more than 30 years’ experience in environmental management, integrated water cycle management and risk assessment.  Davison has more than 30 years’ experience in environmental management, integrated water cycle management and risk assessment. She is the Principal Risk Analyst and founding Director of Risk Edge® Pty Ltd. and co-founder and R&D Manager, D2K Information Pty Ltd. She received her PhD in Environmental Biochemistry and Microbiology from Macquarie University. Her most recent book is entitled: The Application of ISO 31000 to Drinking Water Quality Risk Management: A Practical Approach. It is published by Edge Pty Ltd, Sydney Australia.

[Read more…]

Filed Under: Articles, CERM® Risk Insights, on Risk & Safety

by Sanjeev Saraf Leave a Comment

Safety Forecast For The 21st Century

Safety Forecast For The 21st Century

The 20th century was a time of great technological change that forever transformed how we live and work – changes that necessitated the birth and development of the field of Process Safety Management. The early years saw the evolution of mechanization into assembly lines and true industrialization.  Lack of access to South American nitrate during World War I, led to the creation of the synthetic chemical industry.  World War II fostered increased industrial growth and sophistication.  By the 1960s, we were building computers and beginning our race to the moon.  Industries grew becoming increasingly sophisticated and reliant on automated systems.  The 1970s brought the creation of the US EPA and OSHA.  The 1980s witnessed one of the greatest tragedies in the last century – an estimated 4,000 people died in the 1984 Bhopal accident. Since then, the process safety community has evolved in its approaches and methodologies to better manage risks.

[Read more…]

Filed Under: Articles, on Risk & Safety, Operational Risk Process Safety

by Doug Lehr Leave a Comment

Designing with Margin

Designing with Margin

Do you need design margin in your product? A composite frac plug may need margin as a mitigation against uncertainty in material properties.  Long service life products used in offshore wells are sometimes designed with structural margin as a mitigation against changing downhole conditions. But can margin be used for other parameters?

[Read more…]

Filed Under: Articles, Equipment Risk and Reliability in Downhole Applications, on Risk & Safety

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