Risk Engineering Services Creating Superior Outcomes

Risk engineering forms part of AMREP’s suite of professional services. We offer comprehensive and thorough assessment and strategy implementation, via the combination of risk and systems engineering, to ensure your value is maximised and your risk is managed at every touch point.

Engineers wearing hard hats discussing the plan of the construction project

Risk engineering expertise

Risk is complex and affects each business differently. Asset management strategies are best tailored when they manage an operations risk best. Risk categories include but are not limited to:

  • Health and Safety Risk
  • Environmental Risk
  • Productivity Risk
  • Reputational Risk
  • Financial and Commercial Risk
  • Compliance Risk

At AMREP, we understand and include an organisation’s risk profile in the strategies we develop to ensure efficient and effective risk control and value management.

Risk engineering is a key product derived from our processes. Each process step is informed by the Work Health and Safety Legislation (Cth) 2011, Corporations Act (Cth) 2002, and the Professional Engineers Act (QLD) 2002.

Male and Female Industrial Engineers in Hard Hats Discuss New Project while Using Tablet Computer

Safety Leadership, Systems and Culture

Risk, Safety, and Management are integral to AMREP Australia’s risk offering. The success of risk-aware and risk-managed organizations is underpinned by robust standards, procedures, systems, processes, culture, and governance. Key elements for managing organizational risks include:

  • Alignment of risk, strategy, and risk appetite.
  • Dissemination of the board’s and shareholders’ risk appetite throughout the business.
  • Recognition that there is no ‘one-size-fits-all’ approach to risk management.
  • Evolution of risk appetites as the organization evolves.
  • Understanding that risk management encompasses both threat and opportunity management.

Organisational Risk Management and the alignment with board and Shareholder requirements requires a structured, strategic approach. The controls applied at the operational level need to roll up the risk appetite set by leadership.

  • Board and Shareholder Risk Appetite understanding
  • Governance structures and their application.
  • Key Risk Assessment (KRA) measurements. What they are, how they are measured and what actions the measurements require.
  • Safety Management Systems (SMS).
  • Risk Analysis, Assessment and understanding.
  • Facilitation of risk management sessions.
  • Development of control management documentation.

AMREP Australia has developed risk and control management from the board level through to operational controls and welcomes the opportunity to support. Please contact us to find out more!!

Team discussing strategy and planning

Expert resources

AMREP’s highly qualified risk engineers apply a risk management lens over the top of the asset management function. This process identifies the likelihood and consequences of asset failure across all functions and is used to derive asset control requirements. These controls come in many forms including, proceduralisation, systematisation, equipment and asset design.

Creating a systems model replicating potential risk and defect failure, risk engineering refines asset improvement, health and safety modelling and deficiencies with process and plant equipment, thereby opening opportunities for reconfiguration leading to improved asset performance and top-level value.

Engineers checking the plan

Qualified risk engineers, leadership and management

AMREP employs professional risk engineers and the practice of risk engineering.

Modelling assets and applying risk engineering practices ensure detailed and comprehensive management of the physical assets’ operational life cycle.

Balancing performance against cost within a risk framework is based on objective and quantitative measures clearly defined and achievable to the agreed outputs of each asset’s value purpose.

Partner with Australia’s leading risk engineering specialists

We deliver a superior level of expertise and full suite competencies in risk engineering solutions. Contact our team and experience the AMREP difference.

Your Assets, Our Expertise, Your Success.

PO Box 431 Kenmore Qld 4069

Contact Us

Contact our team today for a confidential discussion on how we can deliver improved project processes.