Risk Assessments
Risk Assessment Policy and Process
Risk assessments tools and methodologies such as Bow Tie analysis
Risk assessments tools and methodologies such as Bow Tie analysis
We will work with your organisation to develop an effective risk assessment policy and process which provides a structured framework to identify, analyse, evaluate, and treat organizational risks associated with a process, function, facility or activity while embedding risk-aware decision-making into the company culture. We will ensure th
We will work with your organisation to develop an effective risk assessment policy and process which provides a structured framework to identify, analyse, evaluate, and treat organizational risks associated with a process, function, facility or activity while embedding risk-aware decision-making into the company culture. We will ensure that any risk assessment processes aligns with global standards like ISO 31000 (Enterprise Risk Management) or ISO 45001 (Occupational Health and Safety)
Risk assessments tools and methodologies such as Bow Tie analysis
Risk assessments tools and methodologies such as Bow Tie analysis
Risk assessments tools and methodologies such as Bow Tie analysis
Different risk domains require specific assessment approaches. Choosing the right methodology dictates which software or tool we will deploy. For example
- Qualitative Methodologies
- Quantitative Methodologies
- Software Categories and Tools
Qualitative Methodologies
Risk assessments tools and methodologies such as Bow Tie analysis
Quantitative Methodologies
Qualitative Methodologies (Best for General Operations & Quick Screening)
- Risk Matrix (Probability vs. Impact): Plots likelihood against consequence. It is standard for Workplace Health and Safety (WHS) and corporate governance.
- SWIFT (Structured What-If Technique): A team-based workshop method using "What-if" prompts to brainstorm systemic
Qualitative Methodologies (Best for General Operations & Quick Screening)
- Risk Matrix (Probability vs. Impact): Plots likelihood against consequence. It is standard for Workplace Health and Safety (WHS) and corporate governance.
- SWIFT (Structured What-If Technique): A team-based workshop method using "What-if" prompts to brainstorm systemic failures.
- HAZOP (Hazard and Operability Study): A highly structured approach using standard guide words to assess complex process engineering and manufacturing systems.
Quantitative Methodologies
Risk assessments tools and methodologies such as Bow Tie analysis
Quantitative Methodologies
Quantitative Methodologies (Best for Finance, Tech, & Data-Heavy Fields)
- FMEA / FMECA (Failure Modes and Effects Analysis): Assigns a Risk Priority Number based on Severity × Occurrence × Detection to rank mechanical or software defects.
- FTA (Fault Tree Analysis): A top-down, deductive logical analysis that works backward from an undesirab
Quantitative Methodologies (Best for Finance, Tech, & Data-Heavy Fields)
- FMEA / FMECA (Failure Modes and Effects Analysis): Assigns a Risk Priority Number based on Severity × Occurrence × Detection to rank mechanical or software defects.
- FTA (Fault Tree Analysis): A top-down, deductive logical analysis that works backward from an undesirable event to map out all possible root causes.
- Monte Carlo Simulations: A mathematical technique that runs thousands of randomized scenarios to forecast financial or project timeline risks.
Quantitative Methodologies
Risk Assessment Training and Mentoring
Risk Assessment Training and Mentoring
Software Categories & Tools
- Enterprise Risk Management (ERM): Platforms like Diligent (formerly Galvanize), Logicgate or Protecht centralize risk registers, automate tracking, and generate executive dashboards.
- IT & Cyber Security GRC: Tools like OneTrust, AWS Audit Manager etc
Risk Assessment Training and Mentoring
Risk Assessment Training and Mentoring
Risk Assessment Training and Mentoring
We will work with your team to build a contextualised risk assessment training program that will develop a strong risk culture. Our training is less generic slide presentations and more practical, hands-on training based on your processes, facilitties and functions. Our mentoring bridges the gap between theoretical compliance and real-world operational decision-making.