Risk Assessment & Management


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Risk Assessment & Management

Risk management involves understanding, analyzing and addressing risk to make sure organizations achieve their objectives. So it must be proportionate to the complexity and type of organization involved. Enterprise Risk Management (ERM) is an integrated and joined up approach to managing risk across an organization and its extended networks.

Because risk is inherent in everything we do, the type of roles undertaken by risk professionals are incredibly diverse. They include roles in insurance, business continuity, health and safety, corporate governance, engineering, planning and financial services.

Our Strategy

  • Establish/improve controls to minimize risk
  • Create a sound governance structure
  • Mitigate strategy weakness
  • Reduce potential impact of external risk
  • Implement effective and efficient business processes
  • Create a robust HSE

An assessment starts with the mapping of all relevant activities. Risk factors are identified and the likelihood of an employee having an accident or compromising his health is estimated. The risk assessment then becomes the foundation for mitigation actions to lower these risks in a cost efficient manner. The risk assessment is the foundation for a health and safety plan and preventive measures. Increased safety measures reduce the probability of accidents and associated costs. These costs can be, damage to property or the environment, company image, insurance costs, compensations and even business closure. Eurolink Safety is experienced in consulting and assisting companies with risk assessments and creating action plans regarding safety and occupational health in the workplace.

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