Tag Archives: Risk Management

RiskPortal.net – Online Risk Management For Teams

Risk management is often seen as a task of specialized risk consultants or project managers. RiskPortal.net makes risk management a team effort with an easy to use online risk application (SaaS, Software as a Service).

RiskPortal.net - Online Risk Management For Teams

Riskmanager
An entire team can access, add and edit its project risks online using an internet browser and devise measures to optimize them. RiskPortal.net creates transparency: it shows who is responsible for which risks and also shows what progress is being made to implement measures.

Risk analysis
Riskmanager enables team members to analyze risks visually. Using digital sticky notes, a team member creates a picture of the effects and causes of a particular risk and the impact it has in terms of money, lead time and quality. These bowtie shaped pictures are the basis for effective responses which can be attached to the risk sticky notes. See http://riskportal.net/help/analyse-risks/en-us/ for the online introduction video on risk analysis.

Prices
The fee for Riskmanager is based on the number of active projects of a customer. The number of people that can access a project is unlimited. The fees per subscription type are listed below:
-Project Edition: 1 project for 95 Euros per month or 129 US Dollars per month
-Team Edition: 10 projects for 495 Euros per month or 695 US Dollar per month

Via EPR Network
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DOT Compliance Challenge Program

Optima Associates, Inc., an operations, risk and asset management consulting firm based in De Pere, Wis., has come up with a new way to assist motor carriers with DOT compliance. The company will provide a simulated DOT motor carrier safety audit and waive its consulting fees for any motor carrier that can score a satisfactory rating in each of six audit factors.

Optima will conduct a full DOT compliance review using the motor carrier safety fitness criteria from Part 385 of the federal regulations, as well as the latest audit procedures published in the Federal Motor Carrier Safety Administration’s Field Operations Training Manual.

For motor carriers that accept Optima’s challenge and score a satisfactory motor carrier safety rating in all six audit factors, the company will waive its usual consulting fees. In these instances, motor carriers will only be charged for expenses incurred by Optima in the course of conducting a DOT compliance audit.

If a motor carrier scores an overall satisfactory rating but has a conditional rating in two or fewer factors, the carrier will pay 60% of Optima’s consulting fee in addition to expenses.

Jeff Simon, a senior compliance consultant at Optima, says the company’s DOT Compliance Challenge is a way to reward companies that are in compliance with DOT regulations.

“The companies that consistently do things right and that play by the rules can really benefit from this program. This is a way for them to get, at a nominal, expenses-only cost, an objective, outside review from a qualified DOT consultant to ensure that they’re in full compliance,” he says.

Simon explains that the program is designed to assist both for-hire motor carriers and private fleets. “This program is intended for motor carriers and fleets that are new toOptima and that are interested in receiving a systematic, professional review of theirDOT compliance efforts from an outside consultant.”

Simon notes that Optima’s transportation consultants have conducted simulated DOT compliance audits for hundreds of clients. “Our five DOT consultants each have at least 30 years of experience working in all aspects of the transportation business.”

According to Simon, the launching of this program is especially timely considering the ongoing trend in aggressive enforcement taken by the DOT. “In recent years there has been a shift from education to enforcement. The DOT’s stance is that motor carriers are responsible for knowing the regulations. Ignorance is no excuse. Carriers who are found in violation of the regulations will be fined, and the fines can quickly run into the thousands of dollars.”

Simon maintains that full DOT compliance is absolutely essential. “In the long run, it saves many times more than it costs, especially when considering the possibility of a lawsuit over an accident or incident caused by being out of compliance.”

Simon adds that the DOT’s database publicizes motor carrier safety ratings and evaluations, and these scores are available to customers, insurance carriers, financial institutions, lawyers and the general public. “This is one more reason why full compliance is critical and why regular DOT compliance audits are especially important.”

About Optima Associates, Inc.
Located in De Pere, Wis., Optima Associates is a personalized consulting firm that provides operations, risk and asset management consulting services. Optima helps clients accelerate performance leading to improved business results. To learn more aboutOptima Associates, visit
www.optimatcp.com

 

Via EPR Network
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