Articles
Ethical Practice in Engineering
23 July 2018 by Brian SmithSummary: What is ethical practice in asset management, engineering, design and technical trades, and why is it important? In any case, aside from the personal desire to be an ethical, moral person we need to review business and personal obligations. Summarily, ethical practice is about doing the right thing but there are many definitions of […]Management of Change – Risk Awareness and Mitigation
12 July 2018 by Brian SmithSummary: Change Management or Management of Change processes are used to document a considered approach which identifies and manages actions, risks and opportunities in making a change. When a change, be it permanent or temporary, a replacement or something new occurs in a business, it should be accompanied by proceduralised change management. This can include […]Mitigated Savings
10 July 2018 by Brian SmithSummary: Mitigated savings are simply defined as the costs not incurred because of an action taken. Because mitigated savings are generally theoretical it is difficult to sometimes convince others of the requirement to complete or fund an action. In general, these savings are a reduction in risk, not exclusively safety but it can also include […]