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How risk registers help in elimination of risks?

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Question added by Ahmad Tariq Bhatti , Chief Financial Officer , Costra Group
Date Posted: 2016/08/15

By registering the most repetitive occurred risks related to operations & industry.

Ahmad Tariq Bhatti
by Ahmad Tariq Bhatti , Chief Financial Officer , Costra Group

Risk register provide risk profile of each area and suggestions to mitigate them. If someone wants to have quick over view of the set of controls in place and their effectiveness at a given point in time, risk register can help him a lot in no time. Further, review as to how existing controls have weaken over a given period of time can be done from this document. Further, strategies for reinforcement of controls can be devised that would help in reducing risks.  

Mohammad Mushtaque
by Mohammad Mushtaque , Regional HSE Manager , Al Ayuni Investment and Contracting Company

The past records of Risks give information on similar type of work place or method to implement appropriate control measures to eliminate the risk and achieve a ZERO accident work environment

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