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The answers are fictional but based on an aggregate from conversations I have had over the years. shareholders want to invest more, our employees see a future with us, and our communities are happy to have us operate obligations based on consistently achieving measures of effectiveness, performance, and conformance year over

When I was young my parents taught me (among other things) not to put my hands in an open flame, stick endure the consequences of fines, the loss of reputation and trust, and possibly the loss of their operating

Sparrow in his book, "The Character of Harms: Operational Challenges in Control" outlines a risk-based Summary Organizations in high-regulated, high-risk industries have for years operated under prescriptive Sparrow, "The Character of Harms: Operational Challenges in Control" [2] Raimund Laqua, "Risk-based Continuous

Risk management is an integral part of the design, construction, operation and maintenance of a pipeline Pipelines are designed, constructed, operated, and maintained in a manner that complies with Federal, risk, preventing releases, and minimizing the occurrence of abnormal operations. Defined operational controls are essential to the safe design, construction, operation, and maintenance Pipeline operating personnel throughout the organization must effectively communicate and collaborate

specific failures with the lack of accountability and compliance throughout design, construction, and operations of their work to assess the compliance with building regulations, the safety of the building and the operator and maintained over the entire lifetime of a building. In practical terms, this is likely to mean that it needs to align with the rules around open data and the principles of interoperability – so that information can be handed over in the future and still

Over the last decade regulators have started to modernize their programs to become more risk-based moving By spending just 1-hour a week over 15-weeks you will gain knowledge and skills to meet the demands of Sessions will be hands-on conducted over Zoom on Tuesdays @ 1:00-2:00pm (EDT) following the schedule Price is $300 (CAD) per module or $750 (CAD) for all three. use Lean X-Matrix to stay on course Tuesday, June14, 2022 LEAN-5 How to use Lean Startup to achieve operational

Focus on effort over results is the name of the game while the board sits hoping for the best. , and practices to improve the certainty that outputs are created with a defect rate of 3.4 defects per responsible for the creation of outcomes related to regulatory, safety, security, quality, environmental and operational

AI assurance refers to the process of ensuring that an AI system is operating correctly and meeting its

This applies also to the systems using them that: govern, manage, and operate the businesses we work

safety example A few years ago, a safety assessment of offshore drilling platforms was conducted for operations performance in the past there were other indicators that caused concern such as signs of complacency, and over It is for this reason that over regulation (mandatory or voluntary) and the preponderance of prescriptive Continuous improvement as a means to introduce volatility Over the last several decades the adoption These changes done in small increments over time create the capacity for even greater changes in the

Dynamic - evaluated using multiple points over time Homogeneous values, variety of practices “Progress Evaluation is based on measuring progress towards an ideal over a period of time. Left to themselves they will operate as silos independently and not benefit from the other.

These approaches fundamentally change how a business operates and impacts all aspects of the value chain However, even knowing the cost, without goals you cannot know if you are over or under investing.