Tips to Reduce Risk

They can include:

* Audit and compliance programs;
* Contract conditions;
* Formal reviews of requirements, specifications, design, engineering and operations;
* Inspection and process controls;
* Investment and portfolio management;
* Project management;
* Quality assurance, management and standards;
* Research and development, technological development;
* Structured training and other programs;
* Supervision;
* Testing;
* Organisational arrangements; and
* Technical controls.