Enterprise Risk Management:
It is a process, affected by an entity's board of directors, management and other personnel, applied in strategy setting and across the enterprise, designed to identify potential events that may affect the entity, and manage risks to be within its risk appetite, to provide reasonable assurance regarding the achievement of entity objectives. We are capacity to develop and implement EWRM systems for operational risk and assist with compliance to Global Reporting Initiatives (GRIs).
OCEAN in association with ERSG and International companies provides a core range of Risk Management Solution, consulting and software solutions targeting the Petrochemical, Mining, Utilities and Construction industry categories. The assessment of organizational needs are determined by using the unique ERS-DNA™ assessment tool This tool allows the OCEAN-ERSG team to develop dynamic needs based solutions on a sustainable basis for our clients.
OCEAN-ERSG in association with offer its clients a diverse range of consulting, training and auditing services which are founded on sound solutions design and development, project management experience and risk management expertise.
To date, the nature of the consulting assignments completed for our clients have included complex Enterprise Risk Management Systems to simple Near Miss Systems. The majority of these projects have commenced with the identification and formulation of strategic plan requirements, business case development, risk identification and then progressed to implementation and the assessment of performance with continuous improvement entrenched.
Enterprise Risk Management Services Includes:
• HAZOP
• SIL
• Integrated HAZOP/SIL Study
• Revalidation of PHAs
• Pipeline Risk Assessment
• BowTie Analysis
• Process Safety Management System Audits
• Software
• Certified Risk/ Safety Training
OCEAN-ERSG is a substantial Risk Management solutions company and assists with the implementation of a World Class Process Safety Management System related issues.