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Task Risk

Managing Risk just got SMARTAA

Task Risk | SMARTAA Solutions Suite

ANT have developed Task Risk with industry leaders as part of the SMARTAA Solutions suite.

In today’s fast-moving safety and compliance culture, it’s more important than ever to have full accountability for risks and to ensure that safe measures are in place to mitigate them.

Task Risk | SMARTAA Solutions Suite

Task Risk: Benefits

  • Increased visibility, accountability, and ownership of Task Risks to improve due diligence.
  • Streamline internal processes and enhance efficiency.
  • Increase revenue and profitability and minimise potential fines.
  • Ensure regulatory compliance.
  • Identify additional measures and reduce the risk to personnel.
  • Reduce the risk to company’s reputation.
  • Ensure environmental risks are appropriately managed.

The Details

Risk Features

Bespoke Risk Matrixes

As standard we provide bespoke risk matrixes to meet with your internal procedures and industry standards, which are customised to meet your requirements and the risk categories which you use.

Our Risk matrixes empower you to calculate the likelihood and severity to give a risk rating. By adding an existing measure or a new measure, you can develop mitigation strategies and action plans to reduce risk effectively.  

Review

Set a review period for all live risks and set review reminders to be emailed to the Task Risk owners when the Risk is due to be reviewed.

Review records to ensure all the measures in place or the risk activities are still relevant and enough is being done to mitigate the risk element for the individual tasks required.

Residual Risk Quick View

The handy visual indicator, Residual Risk Quick View, (Column R),  displays the score of the highest activity associated with the risk in RAG colours. Easily review which risks require further mitigation.

Residual Risk Quick View


Task Risk and Corporate Risk Link

We believe that the future for Task Risks is to be more forward thinking and dynamic. With that in mind, Task Risks can also be linked to Corporate Risks. This means you can link and view any Corporate Risks that may be related to the Task Risk and make truly informed decisions on the nature of the risk.

ANT Task Risk provides a structured approach to understanding and managing risks, enabling you to allocate resources efficiently and make informed decisions to protect your interests and achieve your goals.

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