Strategic Risk and Alternatives Assessment

Okane’s Services:

  • Failure Modes and Effects Analysis (FMEA)
  • Fatal Flaw Analysis (FFA)
  • Cost-Benefit Analysis (CBA)
  • Value Driver Tree Analysis (VDT)
  • Multi-Criteria Analysis (MCA)
  • Multiple Accounts Analysis (MAA)

Mining Strategic Risk and Alternatives Assessment

Strategic Risk and Alternatives Assessment 2

Embedding structured risk and alternatives assessment from mine development through to closure is essential in identifying opportunities and managing potential liabilities throughout the mine life cycle. Without quantified risk identification, and timely mitigation, poorly managed mine sites could be exposed to significant environmental, social, and financial risks. Okane’s approach to risk management integrates multidisciplinary expert knowledge to identify risks and produce effective solutions.

Our risk management strategies assess the likelihood, consequence, and severity of operational and closure risks at the domain and site level at all mining stages. We then help stakeholders develop and prioritise practical management measures that decrease inherent risks to an acceptable level of residual risk for their operational and closure activities. Our approach engages internal experts and external stakeholders to develop and prioritise risk based and cost-effective management activities.