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Published byLesley McCarthy Modified over 6 years ago
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Risk Management for the Diamond Drilling Industry
CDDA Convention 2016 Kelowna, British Columbia
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Risk
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What DEC says about RM DEC certification process identifies that the Contractor must have a Risk Management Program in place.
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Risk Management 101 4 basic concepts regarding RM Avoidance Acceptance
Mitigation Transfer
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Human
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Example - LTI Avoidance Acceptance Mitigation Transfer
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Equipment
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Example – Barging/Waterborne
Avoidance Acceptance Mitigation Transfer
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Operational
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Example – Flood at Premises
Avoidance Acceptance Mitigation Transfer
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Contractual
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Example – Helipad Maintenance
Avoidance Acceptance Mitigation Transfer
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Environment
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Example – Fuel Spill Customer Site
Avoidance Acceptance Mitigation Transfer
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Legal
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Example – Wrongful Termination
Avoidance Acceptance Mitigation Transfer
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Summary
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