Once you have the "Financial Impact" list for each of the root causes; your management team, now needs to focus and understand the "Impact" and "Risk Management" concerns for each of these areas of opportunities that is/may be effecting your business. What to ask: Is this area of opportunity currently affecting or, has the opportunity to effect in a negative way (putting the company at risk)?  Some areas to look at for Risk management concerns:

•        Corporate Image
•        Share Holders Profit
•        Cash-flow
•        Sales
•        End User
•        Productivity
•        Morale
•        Legal Concerns - compliance with law's (jail time for executives, environmental, safety, etc.)
•        Etc.

I am always amazed at the number of managers that do not understand the direct impact their Asset Management program has on Risk Management concerns to the business.  I have watched as management teams implement Proactive Maintenance programs, business process changes, etc.; with-out even thinking about or understanding the underlying impact these programs can have on the over-all corporation.  

Tip:  All CI Opportunities should go through a Risk management review before final approval is given to move forward.

Tip: The larger the organization the more critical it is to have all key Risk Management concerns taken into account in your corporations overall Life Cycle management plan for your Assets.

Note: The information contained in this blogg is the opinion of the author and is intended for discussion purposes only.