Risk Management
Delivering Greater Certainty in High-Risk Environments
In safety-critical and highly regulated industries, the cost of system failure can be severe, impacting not only project delivery but also safety, compliance, and reputation. At Australia System Assurance Company (ASAC), we help organisations manage risk with confidence. Our structured, end-to-end risk management solutions are designed to prevent problems before they occur, ensuring your projects remain safe, compliant, and on track.
Proactive, Systematic Risk Management
Whether your risks are technical, organisational, or safety-related, ASAC applies a human-centred and systems-thinking approach to ensure risks are identified early, assessed accurately, and mitigated effectively. Our approach is aligned with AS/NZS ISO 31000:2009, providing a best-practice framework for defining risk management context, policy, objectives, processes, and evaluation criteria specific to your project and industry.
Our Services Include:
- Development of Risk Management Frameworks & Policies
Tailored to align with project complexity and regulatory obligations. - Facilitated Risk Workshops
Expert-led HAZOP, HAZID, and risk identification sessions involving key stakeholders and technical specialists. - Qualitative & Quantitative Risk Assessment, using:\n - Fault Tree Analysis (FTA)
- Event Tree Analysis (ETA)
- Cause-Consequence Analysis (CCA)
- Failure Mode and Effects Analysis (FMEA)
- Influence Diagrams
- Change Management Support
Effective strategies for managing technological and organisational change during project delivery.