British Petroleum
Workshop Agenda
ATOM Process Analysis and Procedure Recommendation
New Procedures to Stanch Risks
Brainstorming will follow the ATOM Process to formulate solutions to increase safety and better manage risks.
Justification for Agenda -- the three risk factors were identified in all of the reports. Therefore, they will drive the Brainstorming session. The session will center around these issues, their resolution and then how to introduce a safety conscious regime. The Likert scale scores of the risk criteria identified should speed the selection of appropriate risk management solutions.
The BP Texas City oil case is a classic case of risk management. In this case, we have a productive oil refinery that had paid off its initial investment long before. As we can see in the BP case, the Active Threats and Opportunities Management (ATOM) process is rarely implemented correctly (Hillson & Simon, 2007, 23). This is precisely what we...
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