XRISK – The Integrated Approach
XRISK is a web-based risk management tool developed by the Technical Safety & Risk Division of Xodus Group. XRISK collates and integrates data relating to risk assessments into a central risk register. It is used to generate controls, assign and track actions and create an auditable record. A powerful risk graph plots managed and unmanaged risks in terms of likelihood versus severity and displays the cost implications.
XRISK is characterised by clear, graphic visualisation of risk elements. Users with secure access to the system can set e-mail alerts, access and control an action register, and can also generate reports based on a wide variety of criteria. XRISK supports several different types of risk assessment process:
› Project Execution
› HAZID / HIRA
› ENVID
› HAZOP
› Business
› HAZAN
› Procedure
› Process System
› SIMOPS
› Cost
› Schedule.