R2A EEA Workshop
R2A is partnering with Engineering Education Australia (EEA) to deliver this two day Engineering Due Diligence Workshop. This is a workshop for Directors and Senior Managers to ensure due diligence processes are implemented as part of good governance.
Engineering Due Diligence Workshop
To provide decision-makers with tools to implement due diligence processes as part of good governance ensuring that the laws of nature are managed to the satisfaction of the laws of man. This includes project, safety, environmental and financial outcomes.
The workshop will provide participants with the understanding, skills and tools to implement a reliable, diligent and defensible approach to address critical risks. The workshops follow a form of the Socratic ‘dialogue’. Typical risk issues and the reasons for their manifestation are articulated and exemplar solutions presented for consideration. The resulting discussion is found to be the best part for participants as they consider how such approaches might be used in their own organisation or projects. Participants are also encouraged to raise issues of concern. To enable open discussion and explore possible solutions, the Chatham House Rule applies to participants’ remarks meaning everyone is free to use the information received without revealing the identity or affiliation of the speaker.
Current Risk Issues of Concern Include:
- How to ensure that the enormous corporate effort being put into risk management is efficient and effective.
- Understand what constitutes due diligence under Australian High Court case (common) law.
- How to resolve the differences between the financial, environmental, project and safety due diligence risk paradigms.
- Resolving inconsistencies between the Risk Management Standard and due diligence requirements in legislation, including the model WHS Act and with particular reference to the Victorian Grimes review on electricity and gas network safety and regulation.
- Dealing with project schedule and cost overruns. This is much to do with the over-reliance on Monte Carlo simulations and the Risk Management Standard which logically and necessarily overlook potential project show-stoppers.
- Demonstrating that compliance ≠ due diligence especially for safety-in-design.
- Constructively resolving the SFAIRP v ALARP debate.
Who Should Attend?
Company directors, senior executives, project directors and relevant risk and compliance staff.
What is the Cost?
$2,355 for non-members
$2,237.25 for EA members
At the end of the workshop, participants will be able to –
- Understand the concept of due diligence to ensure good governance
- Understand what constitutes ‘due diligence’ under Australian High Court case (common) law
- Understand the requirements of the Work Health and Safety (WHS) legislation to positively demonstrate due diligence
- Understand why compliance ≠ safety due diligence
- Understand why the risk management standard fails to deal with potential show stoppers and identify them before they happen
- Understand the difference between due diligence and risk management
- Decide which risk management sign off paradigms are appropriate
- Use tools to educate and influence others
- Know when to avoid HazOps and FMECAs and other detailed bottom up risk assessment processes
Download the course brochure.
2018 Public Workshop Dates
// Perth // 20 & 21 June
// Brisbane // 22 & 23 August
// Melbourne // 24 & 25 October
In house workshops are also available.
“In November 2013, I attended the Engineering Education Australia/R2A workshop and found it to be a good mix of theory and practical insights. I particularly enjoyed the case studies and interaction with the other workshop participants. Richard’s style of presentation lead to some interesting discussion and I would recommend the workshop to my colleagues. Overall, the workshop was excellent.”
//Christopher Clyde, Defence Material Organisation
“I recently attended the Engineering Education Australia/R2A workshop and found it to be insightful, practical and very helpful. The workshop format lead to many interesting discussions over the two days and participants were able to take away ideas and new techniques that could be implemented immediately. The content was very relevant and the R2A text is a useful resource as well.”
//David Howard, Group Manager, Risk and Systems, Grollo Leisure and Tourism
“I attended the Engineering Due Diligence Workshop in November 2013 run by Richard Robinson of R2A with the view of gaining new insights into managing corporate risks. I gained a lot out of the two days and in particular the points raised by various discussion and case studies given by Richard. A very wworthwhiletwo days.”
//David Nordio, Acting Infrastructure Delivery Manager, Port of Melbourne Corporation