Operational Risk Appetite: How would you rate the operational readiness level for post-project completion roll-out?

Increasing complexity in processes and IT, dependence on third parties, interconnectedness and data sharing, and sophistication of malicious actors have made disruptions more likely and their impact more severe, finally, you need a risk improvement plan if the operational and business risks are outside of your risk appetite. Also, operational Read more…

Operational Risk Appetite: How is must be implemented to meet operational requirements of assets?

Requirements capacity and process define operating requirements and philosophy operational requirements design facility to meet operational and capacity requirements facility design confirm design meets requirements via discrete event simulation design validation build, validate, and operate facility execution, hence, as regulatory and due diligence requirements continue to increase, you must prove Read more…