Enterprise Risk Management


FastTrack.net’s Risk Management module covers: Corporate Risks OHS & Environmental Risk Process Risks Security Risks Hazard Management In addition, FastTrack.net’s neural-network architecture allows the applying of advanced Risk Management practices widely through all corporate management practices. Imagine in the fields of Process Management, Contracts, Skills and Training or Equipment Management, using survey and assessments techniques, multi-dimensional Risk Calculator for rating of priorities, HACCP monitoring of processes, and measuring the degree of improvement in changes to processes or situations. Fast Track’s flexibility will also allow you to change all corresponding drop down menus, screen field names etc.

The ability to aggregate risks provides for high level management of resources. Having a formal framework for Risk Assessment allows delegation of assessment and therefore a wider appreciation of risk on the operational environment.

  • Hazard log with workflow
  • Risk Assessments with review schedules
  • Control Measures & mitigation
  • Preliminary & Residual Risk Rating
  • 4 Dimensional Risk Calculator (includes Age & Sensitivity)
  • Analysis by Cause and Impact
  • Hierarchical Structures with rollup

Risk Hazard Logs

Hazard Logs provides a system for anyone to lodge an identified existing Hazard requiring attention, either directly or via a web portal. Lodgement initiates electronic workflows that notifies and escalates rectification actions and control measures.

Ease of notification and ability of an anonymous report simulates greater awareness and investigation of risks producing a safety work environment and thereby greater productivity. This proactive feature is available in all Risks including Business, Process, Security, etc.

Risk.HazardLogs

Features:

  • Register for Risk Identification of potential Hazards with established context
  • Schedule regular reviews with auto notification & escalation emails
  • Attach reviews, reports, emergency plans, photos, emails, scanned documents, etc.
  • Instigate & monitor corrective & preventive action
  • Linking to related documents internal & external
  • Personnel qualifications & training, external contact

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