Document Type
Conference Paper
Rights
Available under a Creative Commons Attribution Non-Commercial Share Alike 4.0 International Licence
Disciplines
Health care sciences and services, Public and environmental health, Occupational health
Abstract
This paper presents the needs and the challenges encountered in developing a company-wide risk register in the energy sector. The study presented comes from an electricity generation company and it was useful to indicate areas where the concept of risk registers could be extended to make better use of existing data and to support continuous improvement of risk management. Six key areas are discussed 1) aggregation of risks across the business, 2) supporting controls over mitigation measures, 3) improved estimation of event likelihood, 4) integrating with critical asset registers, 5) improving risk communication, and 6) linking with day-to-day operational practice. The paper concludes with a framework for placing risk registers at the heart of Process Safety.
DOI
http://dx.doi.org/10.1201/9781315210469-236
Recommended Citation
Leva, Maria & McAleer, B & Rocke, Michael & Brogan, D. (2017). Risk register and risk intelligence: The challenge of operational risks in the energy sector. 267-267. 10.1201/9781315210469-236.
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-Share Alike 4.0 International License.