Recent mining and energy disasters worldwide remind us to be ever vigilant in
the protection of human life, the environment and investments, and the need to
reduce the likelihood of incidents.
This is forcing organizations to rethink their risk management policy, and to
review all risks and better manage them by changing the culture of the
organization, by using modern risk management software, and by adopting an
Enterprise Risk Management (ERM) model.
Working with many companies in the mining, energy, and rail transport industries, Incom has built up a risk dictionary containing hundreds of risk events for various industries. Typical risks you might manage in this system include:
- Environmental Risks
- Employee Health and Safety
- Regulatory Compliance
- Mining Permits
- Infrastructure Management
- Contract and Legal Issues
- Vendor Management
- System and Technical Failure
Incom's Enterprise Risk Manager™ is based on a simple proven approach to
risk reduction, supporting ISO 31000, AS/NZS 4360 and other standards. ISO
31000 and AS/NZS 4360 are generic risk management standards that help you
manage risks of any type.
Risk Manager facilitates risk assessments and manages data by risk category,
asset/area at risk, location, department, division, risk assessor, risk owner,
risk contact, action owner, action type and responsible party.
Any number of risk categories may be setup, and any number of risks may
be entered against any category, project, division, asset, etc. An estimate
of the likelihood and consequence is assigned to each risk and the risk
rating is automatically derived by the system. Any number of actions may be
applied to any risk, whereby the action may reduce the likelihood or the
consequence, thereby reducing the risk rating to an acceptable level.
All risk reports allow risks to be selected and filtered by category,
asset, department, division, etc. Incom Risk Manager monitors itself with
aggregated data such as the number of risks relating to each category,
active risks, high risks, critical risks; risk reviews due and overdue,
actions due and overdue, actions in progress and completed, risk and action
contacts and owners.
Any user may list risk reviews and mitigation actions for which they are
responsible. A risk coordinator may also activate an automated e-mail alert
process to remind owners of overdue tasks. The package has a Reporting Wizard
and Charting Wizard with powerful graphical charting capabilities.
Incom provides risk, incident and issue management solutions for diverse industries and has built its reputation on customer satisfaction, investment in product development and teamwork. Incom customers include engineering, energy, manufacturing, mining and exploration, and IT departments. Incom has over 150 installations worldwide - Australia - USA - Canada - Europe - Asia/Pacific - Africa – South America.