Why your team has a duty of care to show they’ve been duly diligent

Richard RobinsonDiligent Decision Making, Due Diligence, Risk Management

In October and November (2018), I presented due diligence concepts at four conferences: The Chemeca Conference in Queenstown, the ISPO (International Standard for maritime Pilot Organizations) conference in Brisbane, the Australian Airports Association conference in Brisbane (with Phil Shaw of Avisure) and the NZ Maritime Pilots conference in Wellington. The last had the greatest representation of overseas presenters. In particular, … Read More

What you can learn about Organisational Risk Culture from the CBA Prudential Inquiry

Gaye FrancisCritical Risk Issues, Risk Culture, Risk Management, Risk Management Consulting, Risk Management Framework

R2A was recently commissioned to complete a desktop risk documentation review in the context of the CBA Prudential Inquiry of 2018. The review has provided a framework for boards across all sectors to consider the strength of their risk culture. This has been bolstered by the revelations from The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services … Read More

Managing Critical Risk Issues: Synthesising Liability Management with the Risk Management Standard

Gaye FrancisALARP & SFAIRP, Critical Risk Issues, Risk Management

The importance of organisations managing critical risk issues has been highlighted recently with the opening hearings of the coronial inquest into the 2016 Dreamworld Thunder River Rapids ride tragedy that killed four people. In a volatile world, boards and management fret that some critical risk issues are neither identified nor managed effectively, creating organisational disharmony and personal liabilities for senior … Read More

Australian Standard 2885, Pipeline Safety & Recognised Good Practice

Richard RobinsonDue Diligence, Risk Management, Uncategorized

Australian guidance for gas and liquid petroleum pipeline design guidance comes, to a large extent, from Australian Standard 2885. Amongst other things AS2885 Pipelines – Gas and liquid petroleum sets out a method for ensuring these pipelines are designed to be safe. Like many technical standards, AS2885 provides extensive and detailed instruction on its subject matter. Together, its six sub-titles … Read More

Risk Engineering Body of Knowledge

Richard RobinsonALARP & SFAIRP, Due Diligence, Education, Risk Management, Uncategorized

Engineers Australia with the support of the Risk Engineering Society have embarked on a project to develop a Risk Engineering Book of Knowledge (REBoK). Register to join the community. The first REBoK session, delivered by Warren Black, considered the domain of risk and risk engineering in the context risk management generally. It described the commonly available processes and the way … Read More

Engineering As Law

Richard RobinsonConsulting, Due Diligence, Professional Development, Risk Management, Risk Management Process

Both law and engineering are practical rather than theoretical activities in the sense that their ultimate purpose is to change the state of the world rather than to merely understand it. The lawyers focus on social change whilst the engineers focus on physical change. It is the power to cause change that creates the ethical concerns. Knowing does not have … Read More

How did it get to this? Project risk versus company liability

Tim ProcterDue Diligence, Engineering Consultants, Risk Management, Risk Management Process

Disclosure: Tim Procter worked in Arup’s Melbourne office from 2008 until 2016. Shortly after Christmas a number of media outlets reported that tier one engineering consulting firm Arup had settled a major court case related to traffic forecasting services they provided for planning Brisbane’s Airport Link tunnel tollway. The Airport Link consortium sued Arup in 2014, when traffic volumes seven … Read More