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Root cause analysis is successful because it imposes a structure on thinking about what, when and where a success or failure has occurred, and it generates actions that lead to future improvements. This case study concerns the construction of road tunnels close to an underground railway. Its focus is on the interface between the construction activity and existing railway assets as well as the inter-relationships between the organisations involved.
RiskNZ, formerly the New Zealand Society for Risk Management, will be holding its conference in Wellington NZ on 17-18 August 2017. The conference title is Repositioning Risk Management. Dr Dale Cooper will be presenting a keynote address on 'Governance, leadership and enterprise risk management' on 17 August, and chairing a conference wrap-up session on 18 August.
Risk assessments are often undertaken in great detail, or several assessments are conducted on different parts of an organisation, project or program. The detail may be appropriate for tactical decisions and specific risk treatment planning, but there is often too much detail for high-level decisions and important insights about the whole organisation might pass unnoticed. Headline risks provide a high-level summary of what might happen and what the consequences might be. This resource note describes how headline risks can be developed and used, with examples from recent case studies.