Rolls Royce SMR Risk Reporting Tool Development.

Sector: E nergy
Services: Digital & Data
Location: UK - UK & Europe

Project Introduction.

an enterprise risk management platform

The project involved developing the RR-SMR Active Risk Management (ARM) system, an enterprise risk management platform for Rolls Royce SMR. Launched on 10th January 2023, the aim was to centralise strategic and operational risk management and facilitate efficient risk reporting through Power BI, enhancing visibility and efficiency across the business.

The Problem.

Rolls Royce SMR required an efficient system to manage and report organisational risks, where existing processes were fragmented and lacked clear visibility across different levels of the business.

Our Solution.

Our approach included:

ARM Platform Development: Configuring the ARM platform to suit the RR-SMR business and reporting structure, aligning it with the Risk Management Framework.
Power BI Risk Reporting: Creating user-friendly Power BI risk reports at work package, programme, and strategic levels, including a data health checker for missing risk data.
System Integration: Ensuring seamless integration of the ARM system with Power BI for daily data refreshes.

The Results.

The RR-SMR ARM project successfully implemented a robust enterprise risk management platform, featuring:

Integrated Power BI reporting with Row Level Security to safeguard sensitive information.
Significant improvement in the visibility of the risk landscape across the organisation.
Enhanced stakeholder engagement and accountability at various levels, replacing 18 excel risk registers and manual PowerPoint reports.

The project has effectively met its objectives, resulting in a sophisticated Enterprise Risk Management solution, and streamlined risk reporting. The advances made significantly contribute to the field of risk management, particularly in structuring, reporting, and securing sensitive risk data in the nuclear industry.

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Working With The Best.

collaborative project management partnerships

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