Evaluating the business consequences of asset failure
Asset-intensive organisations face ever-increasing challenges as they strive to balance the demands of customers, regulators and shareholders. The key to striking this balance lies in understanding the factors that link cost, risk and performance.
Business-Level Risk Modelling is particularly applicable to assets with a volatile role profile – e.g. where sudden changes in operating conditions (adverse weather and/or increased throughput) lead to capacity constraints and frequent breakdowns