Product

Value add

Awareness

Executive introduction presentation
(2 hours)

Management team familiar with the process, value potential and implementation resource requirements

Risk Management Professionals workshop
(1 day)

Risk specialists familiar with the process, risk mitigation value potential and the suggested implementation approach

Training

Implementation facilitation
(3 day)

Facilitators equipped with the knowledge related to key aspects of the process, implementation planning approach and implementation challenges

Bowtie facilitation
(3 day)

Facilitators familiar with the Bowtie risk analysis methodology, definition of a control, control plan development methodology and control plan effectiveness assessment tool

Performance standard and verification plan development
(3 day)

Participants capable of developing fit for purpose performance standards, associated verification plans and role clarification of role players

Coaching and mentoring

Coach and mentor in house facilitators

Develop competent facilitators in support of fast, efficient and effective implementation and maintenance of the MRM program

Software

Thesis Bowtie 6.3

Enable facilitation of the process by utilising a global leading software solution

Consultancy (guidance, assistance, facilitation)

Development of MRM program implementation plan

Effective and efficient implementation

Development of a business process for MRM and electronic mapping of the process and supporting documents/procedures

Fit for purpose material risk management business process map (VISIO or ARIS) aligned with global best practice

Facilitation of various implementation workshops (MUE identification, BOWTIE, control plan, performance standard, verification plan and TARP’s)

High quality output

Assist in the development of information flow chart to facilitate timeous and appropriate response as per defined RACI

Efficient and effective flow of information

Independent review

Compliance audits with defined scope

Independent compliance opinion by global experts

Process review

Independent opinion on the adequacy, applicability, effectiveness and efficiency of the implemented process in achieving the stated objectives

Independent incident investigations (Material risk, high potential or critical control failure incidents)

Independent opinion on the control adequacy/performance weaknesses and the organisational factors underpinning these weaknesses