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Operational Risk Management



Proscient – Operational Risk Management Package (ORM)

Proscient’s Operational Risk Management (ORM) software packages provide real-time predictive risk visualisation and management capabilities across your operations. They provide your organisation with a common and practical way to understand and manage the operational risk consequences of the process safety risk associated with day to day operations. They automatically monitor the status of safety critical barriers (e.g. Independent Protection Layers (IPL), Layers of Defence or Safety Critical Elements (SCE)) and other factors associated with workload, plant activity or conditions. Proscient ORM solutions move far beyond basic business intelligence “bolt-on” reporting and dashboards. With practical “look ahead” and easy to use capabilities, Proscient powerfully links the operational impact of process safety and asset integrity risk with the cumulative risk of the planned and live workload and other critical major hazard risk factors.

This new common currency and understanding of the nature and drivers of operational risk empowers your frontline staff and senior leaders to make better decisions around your operations. With real-time monitoring of the cumulative risk associated with the current workload against the backdrop of residual risk of dynamic plant conditions in the form of barrier impairments, Proscient provides plant management with a set of powerful capabilities to proactively manage and mitigate risk in relation to the plan. Workload can then be safely and efficiently optimised and prioritised at each time horizon of the planning to execution work management business process. Proscient’s dynamic capabilities can help your organisation reduce operational risk, improve the integrity of your plants and keep your people safe

Proscient Operational Risk Management helps your organisation:

  • Dynamically visualise a common and practical view of operational risk across your organisation
  • Proactively manage and reduce process safety risk
  • Improve the asset integrity of your plants through better maintenance plan attainment
  • Enhance operational decision making
  • Improve safety performance and keep people safe
  • Reduce operational risk while simultaneously improving production efficiency

Proscient ORM Product Offerings

  • Safety Critical Element Risk Management
  • Cumulative Risk for Work Control & Execution
  • Cumulative Risk for Safety Critical Element Risk Management
  • Dynamically visualise a common and practical view of Operational Risk across your plants and disciplines- in Time, in Space (Area, Plant etc…)
  • Better prioritise safety critical maintenance
  • Understand the operational impact of impaired barriers, lines of defense or independent protection layers
  • Link Asset Integrity Risk with Cumulative Workload Risk and other dimensions of Risk to understand the holistic Operational risk you are carrying
  • Understand how specific tasks are impacting barriers and how impaired barriers are impacting workload
  • Visualise and manage the operational risk impact of deviations from performance standards or normal operating parameters
  • Go beyond simple rules based job/permit based conflict detection (SimOps)
  • Automatically capture dynamic operational risk related data (plant conditions, planned and live workload, other factors etc…)
  • Manage the total risk associated with the combination of all of the intervention work occurring in a plant or area at a given time (type of work, the volume of work, the human factors, environmental factors, deviations, barrier impairments and other factors)
  • Understand ORM trends and plant health metrics
  • Improve safety and production critical maintenance prioritisation
  • Optimise decision making around upcoming work program priorities
  • Build Process Safety key performance indicators as per API RP 754 Tier 3 & 4