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SSG 31 - Risk Assessment and Management (PDF)

The scope of the Risk Assessment and Management SSG includes risks associated with Physical Asset or Asset Management System / Process Failures, and recognises the overlap and interaction of various risk families. (It excludes Corporate Risks such as FOREX or Commodity Risk and general occupational safety risks). This SSG is applicable to: asset intensive businesses, where significant expenditure, resources, performance dependency and/or risks are associated with the creation/acquisition, utilisation, maintenance or renewal/disposal of assets organisations that have, or intend to manage or invest in, a significant portfolio of assets, or where the performance of an asset system and the management of assets are central to the effective delivery of service, product or other business objectives organisations where there is a business or public accountability requirement to demonstrate best value in the safe management of assets and provision of associated services

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