When it comes to the protection of critical equipment, regulatory compliance and industry standards only go so far. In order to avoid equipment failure and business interruption, companies must consider these risks before they occur, and implement a strategic risk management program to avoid such losses.
This paper will discuss the importance of assessing Boiler and Machinery (B&M) risks and the steps that companies can take to address such hazards. Also explored will be B&M risk surveys in identifying potential vulnerabilities and in implementing best practices for B&M risk management.
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Bosnia and Herzegovina