Risk! Engineers Talk Governance
Due Diligence and Risk Engineers Richard Robinson and Gaye Francis discuss governance in an engineering context.
Richard & Gaye are co-directors at R2A and have seen the risk business industry become very complex. The OHS/WHS 'business', in particular, has turned into an industry, that appears to be costing an awful lot of organisations an awful lot of money for very little result.
Richard & Gaye's point of difference is that they come from the Common Law viewpoint of what would be expected to be done in the event that something happens. Which is very, very different from just applying the risk management standard (for example).
They combine common law and risk management to come to a due diligence process to make organisations look at what their risk issues are and, more importantly, what they have to have in place to manage these things.
Due diligence is a governance exercise. You can't always be right, but what the courts demand of you is that you're always diligent
Risk! Engineers Talk Governance
The Demise of ALARP in Victoria Major Hazards (and the continuing debate on ALARP vs SFAIRP)
In this episode of Risk! Engineers Talk Governance, Richard Robinson and Gaye Francis discuss the continuing controversy surrounding ALARP (As Low As Reasonably Practicable) and SFAIRP (So Far As Is Reasonably Practicable) and explain why they believe there is a difference between the two concepts.
They also recap (further to E1 S2) their experience at a recent VCAT case in Victoria where major hazards were assessed based on consequence rather than quantified risk. They conclude that ALARP no longer exists in Victoria - something they're very happy about.
Please note, it is important to consult with your legal counsel and if they're comfortable with the approach and the method for technical issues.
For further information on Richard & Gaye's consulting work, head to www.r2a.com.au
