Iain McIlwee, FIS CEO said: “Grenfell and the subsequent work we have been involved in has changed the way we think about risk and failure in construction.
“Whilst risk is inescapable in any construction project, it is vital that as an industry we get better at measuring, managing and mitigating.
“This simple tool is built on the premise, if you can’t measure it or didn’t think about it, you can’t manage it. It aims to help people to score risks and hopefully ensure something you didn’t think of doesn’t smack you in the side of the head on a Tuesday afternoon!
“We very much see this as an evolving tool that will be developed in conjunction with other tools currently being developed through our working groups that help businesses of all sizes to address ground truths and focus on where and how failure can happen and hopefully avoid it.
“Everything we learn from our ongoing engagement and problem solving with and our member community and the wider work we do, will be played back into this tool and it will be updated regularly- as a community we need to learn from each others mistakes.
“This really epitomises what the FIS is all about and I am so grateful to the members (and clients) that have spent time and shared their experience in the development of this tool, it demonstrates how a community like FIS can be more than the sum of our parts.”
The FIS Risk Register lists a comprehensive range of potential risks against the three pillars of the quality framework – Product, Process and People.
Use of the tool enables firms to create a register of risks and support a structured assessment made about the severity and probability of each risk occurring.
Any unacceptable high risk issues can then be scrutinised in more detail and management strategies put in place. Built in the tool are a range of useful links to additional tools and information that will support companies using it.