Finance and Operations come at every procurement from opposite ends. RiskOpex gives them a single framework: the same financial terms, set before the decision and on record after. Straightforward to monitor, audit and report.
Every call is recorded with its reasoning: enough to convince Finance and your team, as well as the auditors.
The job is taking risks well: calculate, compare, decide.
Take decisions you can be proud of. Document them and monitor the outcome.
Getting the framing right: assess what a decision means for the bottom line, not one silo.
Across every location and department: one set of numbers, one consistent framework.
Reduce the uncertainty, not the risk: a sharper basis for the calls worth making.
Box-ticking protects no one. Here is what risk management looks like when it isn't doing its job:
Same risk, different answer at every location
A grid of colours won't tell you what to do
Real money committed, no proof it was the right call
Signed off, with nothing to show the thinking behind it
The modelling underneath is complex. What you work with is straightforward: weigh the options, see the trade-off, and commit when the case holds up.
| De-rate | Average forecast | Worst forecast | Realised | |
|---|---|---|---|---|
| Gross output | $545M | $800M | $800M | $800M |
| Wear cost | — avoided | −$5M | −$5M | −$5M |
| Fault risk | — | −$4M 5 faults, expected | −$8M 11 faults, 1-in-100 | −$0 none came |
| Net output | $545M | $791M | $787M | $795M |
| vs de-rate | — | +$246M | +$242M | +$250M |
Risk-taking is central to running a mine. The job is to do it well.
RiskOpex makes the reasoning explicit, so every call is made on the merits. Decisions are transparent, shared and easy to document and audit.
The vendor that caused the largest IT outage in history offered half price to renew. That frames the choice around price. Framed around price plus risk, the answer changes.
30-minute walkthrough. No pitch deck. Just the product, your scenarios.
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