Risk-based audits in the construction industry
Audits are an essential part of risk management. They provide the feedback loop to help identify improvements. But too many audits can be counter-productive or wasteful. Large and complex construction projects are often subjected to numerous external audits or surveys, each focusing on a specific topic to meet a specific requirement of a particular project stakeholder, whether regulator, partner, insurer or third-party inspector.
Internal auditing of process safety – a false sense of security?
In the wake of recent major accidents, several investigation reports have publically criticised the effectiveness of internal auditing of process safety. Recent research (Ref. 1) sheds light on whether process safety practitioners and those individuals at the front line of auditing share the view that internal process safety audits provide a false sense of security.