Melbourne-based
BMT Design & Technology (BMT), a subsidiary of BMT Group Ltd, has
completed a risk management study for the Australian Government’s
Rizzo Reform Program which involves a plan to reform support ship repair
and management practices within Navy and Defence Materiel Organisation
(DMO).
As a joint Navy and DMO initiative, the Rizzo Reform Program has an
active project team to reform risk management. The project team was
formed to understand, investigate and evolve risk management practices
across all functions to achieve an Integrated Risk Management framework.
BMT was contracted to advance the understanding of current practices
in the raising, documenting, processing, managing and reporting of risks
across all business units. |
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The risk
domains included Mission risk and risks to operational effectiveness,
safety & environment, logistics and supply chain, training and personnel
force, and materiel condition management. The study investigated official
and unofficial software and data systems supporting these functions,
while also providing assessment and mapping of the way in which risks
were understood and reported within and between business units and the
various levels of management in Navy and DMO.
Chris Luxmoore, Senior Engineer at BMT Design & Technology comments:
“As part of this process it was important for us to engage with
stakeholders in Navy and DMO, providing us with valuable knowledge of
simple, as well as complex issues that people are facing in their daily
work. Best practices were analysed and were duly considered with regards
to the policy and required systems development. The study provided a
snapshot of the risk management framework across the organization enabling
the DMO to focus their attention on particular areas that require improvement
and to see how these improvements might interact across the business.”
An overall matrix presented all of the relevant tools and software currently
in use, and their effectiveness for use in risk management. A high level
process map illustrated the interaction of these tools and systems across
Navy and DMO and the risk escalation process through levels of management.
Both tools provided a benchmark understanding from which calculated
decisions could be made to support the effective integration of risk
management systems across the different organizations. |
