Expertise to Meet Your Challenges
The Importance of a Risk Register
We know that as a management team and as managers, it’s essential to be well informed about current and future risks and to have an up-to-date risk register. Above all, the risk register is an excellent management tool.
In particular, it enables you to:
Ensure that the main site risks are captured and identified (due diligence)
Ensure that energies, priorities, and resource allocation are focused in the right places
Facilitates interdepartmental collaboration on risks deemed critical
Facilitates annual budget development and approval
Guides annual objectives
Enables regular communication of site issues with stakeholders (fiduciary duty, governance)
Is your management team aware of the top 10 risks facing your mine site?
Are you allocating your resources to the right places?
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