Steel Giant Uses @RISK to Manage Furnace Shutdown – Palisade
Steel Giant Uses @RISK to Manage Furnace Shutdown – Palisade
3 PagesCustomers & Industries: Corus Steel Industry: Manufacturing Product(s): @RISK Application: Factory Shutdown Summary Steel giant Corus enlisted the help of HVR Consulting Services Ltd to conduct a series of project and business risk assessments. The project risk assessments aimed to ensure all risks to the project were identified and analysed, and @RISK was used as the tool to analyse the project timescales. @RISK Risk Management is the process of identifying, analysing and mitigating risk. This has often been conducted in a fairly haphazard way, with no real structure to the procedure. A more forward-looking approach was taken by the steel giant Corus when they conducted a large-scale intermediate repair to the largest blast furnace in Europe, located at the Teesside Works at Redcar, Engla
