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A Closer Look at The Heinrich Accident Triangle and how it works
Average Reading Time is 7 minutes When investigating a worksite, employers and workers are tasked to identify hazards in their operations and shortcomings in their safety and health programs. Most importantly, employers and workers are required to identify and implement the corrective actions necessary to prevent future incidents. It is important that delegates are aware…
Read MoreThe 6 Main classifications of inventory
Average reading time 12 minutes Inventory is a necessary evil in any organization engaged in production, sale or trading of products. In business, inventory may be defined as the goods held for sale in the ordinary course of business or the goods that are used to manufacture goods to be sold. Inventories usually make up…
Read MoreDifferences between a Traditional Project and an International Project Management?
Average reading time is 8 minutes The corporate world is becoming more and more interconnected than ever before. You can be starting your day off by liaising with the procurement lead in Singapore, have an afternoon zoom call with the financial controller in China and end off your day with a Google Hangouts meeting…
Read MoreEQ vs IQ: Which is better in the workplace
Average reading time is 7 minutes Throughout history, scientists have tried to measure intelligence in many ways and formats. As such, two distinct measures of intelligence were penned – The intelligence quotient (IQ) and the emotional quotient (EQ). For a business seeking new employees, finding highly intelligent candidates which align to their company’s vision and…
Read More3 Reasons why cost overruns occur
Average reading time 5 minutes Project managers handle different aspects of a project from ensuring the project is within scope to managing the cost of the project. An important aspect of managing a project is cost. According to a report by Standish Group, 71 percent of projects experienced a cost overrun. Hence, project cost is…
Read MoreHow to Manage a Plant Shutdown
Average reading time is 8 minutes Shutdowns and turnarounds are often major tasks during a plant’s life cycle. This is because such tasks improve the life expectancy of the plant, helps in maintaining inventory levels and reduces the magnitude in an event of a loss in revenue. However, since shutdowns are labour intensive and costly…
Read MoreThe 3 Main Categorization of Marine Fenders
Average reading time 8 minutes During ship to ship transfer for Liquefied Natural Gases (LNG), ships are often docked very close to one another. As such there is often a large risk involved when engaging in such operations since the ships wold have a risk of colliding into one another. As such to minimize the…
Read MoreHuman Factors in Safety: How do we apply them?
Average reading time is around 9 minutes Human factors are the science of people at work. Being primarily concerned with the understanding of human capabilities, the study of human factors allows engineers and managers to apply this knowledge to the design of equipment, tools, systems, and processes of work. Human factors can use input from…
Read MoreHow often must you inspect your storage tank?
Average reading time is 4 minutes Many organizations in the petroleum industry own storage tanks. Usually, these storage tanks are built to American Petroleum Institute (API) standards. If it has been a while since your organization has invested in the storage tanks, you may start to notice some wear and tear of the storage tanks.…
Read MoreWhen is a port deemed to be safe?
Average reading time 8 minutes For the two different types of charter parties – both time and voyage, the safe port warranty is a fundamental component that is required for both charter parties. This is because it protects owners from being directed to an unsafe port during a charter, and it enables owners to refuse…
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