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Risk Management

Our Safety and Mission Assurance personnel assist our project teams in identifying, categorizing, assessing, and managing threats at every step of a project from preplanning to project closure.  This collaborative effort helps our projects and processes run safely, smoothly, on time, and on budget.

Identifying Risks
Risks are identified through traditional routes such as safety inspections and reviews but our strong safety practices and beliefs of our robust safety culture also help with identification. Every employee is comfortable reporting and if necessary, stopping safety risks.
Reporting issues and concerns is easily done through multiple reporting pathways such as forms, on-line reporting interfaces, committees, and safety personnel. A “STOP” policy is also in place and allows any employee who perceives a potential hazard or unsafe condition to stop any operation to resolve the concern.

Risk Analysis and Assessment
Identified hazards are assessed in terms of criticality of their harmful effect and ranked in order of their risk-bearing potential. If the risk is acceptable, no operation intervention is needed. If the risk is not acceptable, risk mitigation process and controls are put in place.

Risk Management
Control measures are taken for unacceptable risks to lessen or eliminate the risk. The control measure is evaluated to reveal possible hidden issues and risks that may arise from activating the measure. Once implemented, the control measure is monitored to ensure it is being implemented correctly.