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RISK MGMT.

(Risk Management – Service Provider). RISK MANAGEMENT : TODAY’S BUSINESS ESSENTIAL. RISK MGMT. Risk Inspection Risk Assessment Risk Analysis. Dear esteemed readers,

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RISK MGMT.

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  1. (Risk Management – Service Provider) RISK MANAGEMENT : TODAY’S BUSINESS ESSENTIAL RISK MGMT. • Risk Inspection • Risk Assessment • Risk Analysis • Dear esteemed readers, • We thought it prudent to share the information and importance of `Risk Management’ in present day business operations with you through this specific communication. • In the fast changing world business scenario, all business avenues are continuously getting fine tuned, updated and reoriented towards obtaining the optimum performance results. In today’s competitive age, resources are becoming scarce and expensive. Hence, while approaching the business processes and practices, it is of paramount importance toselect, deploy, utilize and maintain the assets at their optimum performance levels so as to obtain the prolonged life span of assets with consistent, smooth and safe utilization. • Like many other parameters and tools in vogue, Risk Inspections and Risk Assessments are also few of the important measures to anticipate the potential weak areas / system lacunae well in advance so as to improve upon the situation and get reliable and continuously useful services from assets so deployed. There is a saying - “fail early – fail cheap; - fail late – fail expensive.” This means that if a lacuna is not detected at an early stage, it becomes more difficult and, in most cases, more expensive to rectify it. These defects/lacunae often remain unnoticed at the early stages due to various of reasons like time pressure, insufficient knowledge / experience, cost consideration, etc. They are also sometimes caused by the change in the environment and/or application parameters as compared to its original design considerations / operating windows. • Risk Management can be applied to a system and/or equipment and/or any identified business activity area. It is crucial to know what risks one is taking or is living with; and based on its operational criticality, cost, safety etc; proper technical & commercial view points ( findings & remedial measures ) need to be taken and suitable priority can be assigned to improve upon the same. • We, at R. D. Engineer Associates Pvt. Ltd., have recognized the importance of “Risk Management” in today’s business scenario and considering it’s potential application to all industrial processes; we have developed the system and expertise to deal with such requirement by our team of experienced and expert technocrats coming from relevant industries. Our approach is primarily on various quality standards, manufacturing and operational standards, safety and environment standards, etc. Present Activities • Safety Audit • Stock Audit • T.E.V. Study • Hazop Study • Asset Valuation • Insurance – • Evaluation • Project Mgmt. • On Site/Off Site • Disaster Mgmt. . • Risk Mgmt. • Failure Analysis Our Strength • Team of Experts / • Technocrats • Serving for over • 30 Years • Serving over 50 • Organizations INDUSTRIES • Refinery • Petrochemicals • Fertilizers • Oil & Gas • Steel & Cement • Pharma & Drugs • Power & Utility • Port/Terminals • Engineering • Textile • Soda ash • Sugar • Paints • Others LET US CREATE A VALUE FOR BETTER TOMORROW

  2. (Risk Management – Service Provider) RISK MANAGEMENT : TODAY’S BUSINESS ESSENTIAL RISK MGMT. • Risk Inspection • Risk Assessment • Risk Analysis We, are presently proposing to address, mainly the following new areas: (1) Risk Inspection (2) Risk Assessment (3) Risk Analysis This study would be based on plant layout, equipment details, operational practice, safety awareness & measures in place, risk exposure perils (out of operations & out of act of God), business interruption, loss – history, etc. These areas of activities are the added features of our business coverage which is already encompassing (i) Safety Audit, (ii) Stock Audit, (iii) T.E.V. Study, (iv) Hazop Study, (v) Asset Valuation, (vi) accident Investigation, (vii) Failure Analyses, (viii) On-site / Off-site Disaster Management Plan; etc. We cover mainly all the sectors of Process Industries, Engineering Industries, Power Plants, Utility System, Ports, Terminals, Oil / Gas & Energy System, etc. However, specific application and need can be addressed appropriately with mutual interaction. Our aim is total satisfaction and success to our customers through value added services of Risk Management. We strive to achieve the optimum return on assets through efficiency, reliability or total life cycle cost. We believe that, we benefit only when our customers benefit. We request all concerned to respond positively to our above approach and provide us an opportunity of service to you. Suggestions and comments are welcome. Wishing you a Very Happy Diwali and a Prosperous New Year Rohinton D. Engineer Present Activities • Safety Audit • Stock Audit • T.E.V. Study • Hazop Study • Asset Valuation • Insurance – • Evaluation • Project Mgmt. • On Site/Off Site • Disaster Mgmt. . • Risk Mgmt. • Failure Analysis Our Strength • Team of Experts / • Technocrats • Serving for over • 30 Years • Serving over 50 • Organizations INDUSTRIES • Refinery • Petrochemicals • Fertilizers • Oil & Gas • Steel & Cement • Pharma & Drugs • Power & Utility • Port/Terminals • Engineering • Textile • Soda ash • Sugar • Paints • Others LET US CREATE A VALUE FOR BETTER TOMORROW

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