---
title: "Operational risk Archives"
description: "Operational risk"
image: https://www.pragmaworld.net/wp-content/uploads/pragma-social-placeholder-blue.jpg
canonical: https://www.pragmaworld.net/tag/operational-risk/
url: https://pragma-world.getmd.ai/tag/operational-risk/.md
last_converted: 2026-10-22T15:38:59.882Z
---

# Tag: Operational risk

##### When Finance and Operations agree on spares

July 28, 2026

MRO spares are often the source of a familiar business tension. Finance wants to reduce unnecessary inventory, free up working capital and avoid dead stock. Operations wants the right spare parts available when critical assets need them. Both are right. The problem is that many spare parts decisions are still made without a shared, factual [...]

##### Tags

asset availability
inventory optimisation
maintenance inventory
MRO spare parts
Operational risk
Reliability Engineering
Spare Parts Optimisation
working capital
Maintenance management
Spare Parts Management

##### You don’t train for a marathon by running a marathon

July 22, 2026

Why shutdown readiness depends on applying lessons before the next major event A major shutdown is one of the most expensive and complex events an asset-intensive organisation will undertake. Effective shutdown readiness is built long before the plant goes offline. The plant may be offline for several weeks, production stops, contractors arrive in large numbers [...]

##### Tags

Lessons learned
Maintenance Planning
Operational risk
Reliability Engineering
Shutdown Management
Shutdown Planning
Shutdown readiness
Turnaround management