Modeling risk management

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Lloyd's Register Energy

How we approach the Australian standard 436:2004.

Lloyd’s Register services to the energy industry

Explaining and modeling risk management
The Australian standard 436:2004 offers an easy-to-follow model which
Lloyd’s Register endorses

Analyze risks

Evaluate risks

Monitor and review

Identify risks

Risk assessment

Establish the context
Communicate and consult

•

Treat risks
Risk management guideline
AS/NZS 436:2004

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