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February 19, 2019

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Does "Risk" = "Criticality"

Organisations set up risk departments, spend huge amounts of energy developing a risk
management strategy and approach. Then, the maintenance department goes and sets up a
counter process, called criticality, which is not aligned, is culturally apart and in many cases
based on poor logic.

 


We have a governing standard in ISO 31000, which can direct our approach to managing the
asset performance risk. So why not align?

 

 

 

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