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Risk Management for the Diamond Drilling Industry

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Presentation on theme: "Risk Management for the Diamond Drilling Industry"— Presentation transcript:

1 Risk Management for the Diamond Drilling Industry
CDDA Convention 2016 Kelowna, British Columbia

2 Risk

3 What DEC says about RM DEC certification process identifies that the Contractor must have a Risk Management Program in place.

4 Risk Management 101 4 basic concepts regarding RM Avoidance Acceptance
Mitigation Transfer

5 Human

6 Example - LTI Avoidance Acceptance Mitigation Transfer

7 Equipment

8 Example – Barging/Waterborne
Avoidance Acceptance Mitigation Transfer

9 Operational

10 Example – Flood at Premises
Avoidance Acceptance Mitigation Transfer

11 Contractual

12 Example – Helipad Maintenance
Avoidance Acceptance Mitigation Transfer

13 Environment

14 Example – Fuel Spill Customer Site
Avoidance Acceptance Mitigation Transfer

15 Legal

16 Example – Wrongful Termination
Avoidance Acceptance Mitigation Transfer

17 Summary


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