A technical risk assessment is a structured process to identify, evaluate, and mitigate potential challenges before the equipment is designed, built, and enters production. It’s essential for identifying potential issues early in the project lifecycle and developing effective mitigation strategies.
Often referred to as a concept test technical risk assessment (CTRA), this process is often initiated during the proposal phase of a project or even earlier during pre-automation. It involves a comprehensive evaluation of the many risks associated with a automating a particular manufacturing or test process. A technical lead, such as a systems designer or applications lead, will typically conduct the assessment, in collaboration with other disciplines including mechanical engineering, controls engineering, electrical engineering, applications, and safety.
Why is Technical Risk Assessment Important?
Risk Identification and Evaluation: These assessments pinpoint potential technical risks and evaluate their severity and impact early, reducing the likelihood of costly delays and rework.
Mitigation Planning: A structured approach to determining the actions and next steps that will reduce the identified risk impact and ensures the project can proceed smoothly.
Communication Tool: The assessment clearly outlines identified risks for the customer, helping align expectations among stakeholders.
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Our Approach to Technical Risk Assessment
At ATS Industrial Automation, our technical risk assessments are comprehensive, consistent, and effective in identifying and reducing potential risks—so customers can move forward with confidence.
Initiation
The initial assessment determines risks at the station level, before bringing in a broader team to develop mitigation strategies.
Collaboration
The risk analysis involves input from a broad group of contributors, including various subject matter experts and the customer. This ensures a comprehensive view of all potential risks.
Risk Analysis Tools and Templates
We use specific tools and frameworks to ensure consistency and thoroughness in each risk analysis, including:
Risk Heat Map
By capturing and categorizing each station by the level of risk, we can better identify and prioritize areas that need the most attention.
Templates
Our standardized templates enable us to consistently document risks, develop mitigation strategies, and capture updates throughout the project lifecycle.
Benefits of Risk Analysis
Comprehensive Assessments
Our broad team of experts ensures a complete evaluation every time, drawing on deep experience from a variety of industries and projects.
Effective Mitigation
Our strong subject matter expertise and access to advanced technologies help customers successfully reduce risks.
Collaboration and Communication
Our approach ensures all stakeholders are aligned and consistently informed throughout the project.
Cost and Time Savings
By pinpointing and resolving risks early, we help reduce the likelihood of expensive delays and rework, ensuring projects are completed on time and within budget.
