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Risk – Controlled or Uncontrolled
Risk in an organisation refers to the potential for events or actions that lead to undesirable or devastating outcomes, impacting on individuals, or the organisation. Uncertainties could be from various sources such as:
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(Simplified)
• Poor project or operational planning
• Fixed or mobile plant failures
• Accidents
• Untrained personnel or non-controlled contractor management
• Lack of estate maintenance
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(Advanced)
• Deliberate attacks
• Natural disasters
• Credit risks
• legal liabilities
• Financial markets
​To ensure your organisations Risk management is effective, reach out to the SART.CO Team today.
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