Offshore Modules

Offshore Modules

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Risk Management Module

The IQSMS Risk Management Module supports two major SMS requirements:

  • Risk Register

  • Management of Change

Risk Register
The Risk Register of the Risk Management Module supports internal risk management of all identified hazards and is based on the Bow-Tie model which is a simple charted way to describe and analyze pathways of risk from cause to consequence. The focus lies on the identification of implemented safety controls. All identified safety controls are permanently monitored with regards to their effectiveness by linking the Risk Register with other relevant IQSMS modules. Weaknesses of the safety procedures as well as the organization are identified to support effective risk management and risk mitigation.

Risk Identification and Risk assessments
Risk Identification and Risk Assessment Processes to match industry standard practice are an integrated part of the module and provide an easy and thorough process guiding the user all the way from job description to fully mitigated approved job routines. The risk scoring MATRIX used for the module is based on industry standard practice and offers a proven set of criteria. It further allows you the freedom of defining your own scoring criteria. The system generates the risk assessments for generic use for repetitive jobs and stores all Risk Assessments performed in the company in a centralized function for easy re-use, knowledge sharing and learning.

Management of Change
One of the main tasks of an effective Safety Management System is to properly manage upcoming changes within the organization. In order to guarantee a sound management, projects must be organized effectively. In the Management of Change function of IQSMS, all identified risks are registered, responsibilities and due dates defined and tracked. Regular reminders guarantee that involved personnel stay informed about the status of certain projects. By performing initial and residual risk assessment, the effectiveness of the implemented risk mitigation is evaluated and corresponding management decisions can be taken.