RiskWorks

Get work done with real-time risk mitigation and exception approval

The cost of work denied due to non-compliance is staggering. Employing companies either have to scramble to find an alternative contractor or supplier, or put the work off until the original contractor or supplier is able to address the issue and become compliant again. The contractor or supplier loses business and potentially a customer. Individual employees may lose anything from a day's pay to their job. Everyone loses.

That's why we developed RiskWorks, a mitigation and approval process designed in the field for the field. Our experience has shown that few field operations are standard. Compliance requirements must be able to take into account the project and the nature of the work, and include relevant risk mitigation plans, strategies and approval processes that enable the work to get done.

Implemented to support your internal processes, RiskWorks enables risk mitigation plans to be developed, communicated, authorized and implemented-globally-in real time. Instead of stopping work, RiskWorks lets field supervisors request authority to employ contractors that have fallen out of compliance. Within minutes, he can build and present a risk mitigation plan and receive approval or denial of the request following your own processes in real time. Every step of the process is tracked and fully auditable.

Features of RiskWorks include:

• Handle exceptions for contractors and suppliers that are non-compliant but required on site.
• Enable field staff to submit a risk mitigation plan to a predefined authority or authorities that can review and either approve or deny the request.
• Keep a full audit trail of exception requests, approvals and denials that is easily accessed and viewed.

RiskWorks in use

A contractor arrived with a crew to perform time-sensitive work on a remote rig that was costing the oil exploration company $100,000 a day. However, the contractor's compliance flag showed RED in RiskWorks due to an expired safety Certificate of Recognition. The contractor had previously implemented a full safety process that was COR audited, but they had recently missed the renewal date. The site supervisor had worked with the contractor before, was told the company was in the process of renewing its COR, and used RiskWorks to request an exception from the oil company's Safety Manager hundreds of kilometers away in the head office.

Within nineteen minutes of sending the application, the contractor was approved by two separate authorizing levels in the employer's head office-the Safety Manager and the Director of Drilling. The work was completed without incident, the request and review process was tracked for future audit, and the costly drilling rig didn't sit idle waiting for a new contractor to be contacted and arrive on-site.