Open Sourcing Risk Management
Risk management is about managing uncertainty arising from a lack of knowledge about what will happen, or will not happen, in the future. Risk management is going through a paradigm shift with the broad application of the Australian/New Zealand Risk Management Standard (AS/NZ) 4360:2004. This tool moves risk management away from a central command and control approach in the hands of a few technical experts to allow personnel working at the coal face to establish their own operating context…
