Methodware clients use ERA for many key risk functions, including enterprise and operational risk management, event tracking, internal audits, tracking corporate and industry-specific regulatory compliance, vendor management and project management. These serve to help address issues impacting energy, resources and utility firms including:
- Carbon emissions standards and targets
- Challenging public relations
- Infrastructure requiring additional investment and maintenance
- Efficiency and operational improvement needs
- Safety issues
Strong risk management and internal audit practices help bolster reputations. Having the ability to rapidly provide detailed control regimes, environment impact assessments and response scenarios will mitigate exposure, avoid penalties and make life easier.
Our clients range from local electrical utilities to multinational energy exploration firms, from water authorities to pipeline and transport companies.
Organisations are being pushed by clients, staff and the general public to be transparent about their environmental, health and safety risk procedures. Recent incidents have indicated that not only are companies finding this transparency difficult, but many don’t have a clear picture of what those procedures are or even what the EHS risk portfolio looks like.
Performing EHS risk assessments using ERA is a valuable way to measure your organisation’s exposures, so you can make informed decisions on how to deal with them. You may find that investing in worker safety or protecting an endangered habitat opens up opportunities that might not otherwise have been available, and helps minimise injury, costs and negative publicity.
Do you have an accurate picture of your project risk? Identify and mitigate the potential issues standing between you and the successful completion of your projects before they become problems.
Project risk is a subset of operational risk – ERA lets you manage both in one place. Monitor the risks associated with:
- On-time and on-budget delivery
- Quality execution
- Resource allocation and scheduling
- Opportunity cost
Tracking project risk in ERA allows you to better manage customer expectations, review your efficiency and performance and price appropriately. Establishing a framework for repeatable internal or client projects allows you to learn from previous issues and plan accordingly, even if elements of the project are unique.
