The effective management of the ever-evolving risks during inspecting is vital for the safety and efficiency of regulatory inspections. Having a risk-based inspection program is one of the keys for regulators to achieve and maintain optimal inspection performance.
Risk-based inspections are inspection management procedures with risk assessment focused on risk factors that determine what kind of inspection plan should be approached. Regulators that use Canalix’s inspection management software successfully use the platform’s capabilities for risk assessment to prioritise critical inspections that need an inspector’s visit over low-risk cases that can be performed with self-inspection procedure or remote inspection.
Case study: Reduce operational costs with inspection scheduling software
Read it to understand:
- The advantages of modular digital transformation
- The vital architectural practices and technologies that enable modular transformation
- How a regulatory agency in the UK is benefitting from a modular approach with Canalix.
The advantages of risk based inspection software
Technically the risk-based inspection methodology transforms various inspection management processes – inspecting, inspection scheduling, evidence submission, data analysis. The goal is to prioritise inspections with the highest risk. The AI engine of Canalix makes all of the required calculations and automatically make the most optimal schedules. Risk-based inspections can be applied to all types of on-site/field checks regulators need to perform. Transforming standard inspection procedures into risk-based inspection programs is worth considering because the latter effectively reduces risks and guarantees public safety.
Why using a risk-based inspection software is essential for regulators?
Some of the big reasons why regulators should orient towards the implementation of risk-based inspection programs are:
1. Focus on risk factors
Regulators are constantly trying to cover new and high regulatory standards for inspection operations. That requires a particular focus on the risk factors that impact safety. That, on the other hand, affects costs and efficiency. So focusing on risk factors with a risk-based inspection software is considered a tool for overcoming a cluster of challenges that public sector regulators face today.
2. An excellent preventative inspection strategy
When a critical inspection is risk-informed, it can be conducted with greater attention to detail and with a specific protocol that ensures continuous improvement of the safety status of the inspected. Implementing a risk-based inspection procedure integrates well with the inspection software Canalix. The data analysis from completed inspections can provide feedback to the inspection program and improve the preventative strategy.
3. Improving both – public safety and operational efficiency in inspection management
Approaching risk-based inspections contributes to better regulatory practices to ensure public safety. But it also optimises the inspection process of regulators and enables them to realise efficiency in the inspection planning and scheduling, reporting and other activities. Such efficiency impacts the processes’ speed and costs, making operating expenses more focused and the inspector’s time spent only on work that matters.
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