Risk in the Asset Management Context – an introduction to risk and its management
Risks come in a variety of forms and sizes and many cannot be eliminated. Physical assets used in production or the delivery of a service or product can all fail to do their jobs. Failures can result in safety, environmental, quality loss and public image hazards. Management strategies for risks also come in a variety of forms and levels of effectiveness. This webinar puts risk in a broader “asset management” context as outlined in the new international standards for Asset Management. It will explain what risk is, what to consider, when to consider them, what risk management actions can be considered and how well they will protect you and your company.