Wiggins Island selects Active ERM
Staff reporter, 15 February 2012
Artist drawing of Wiggins Island coal shiploader.
THE $A2.5 billion Wiggins Island Coal Export Terminal (WICET) project in Queensland, Australia, due to commence operations in 2014, will use project management software developed by a UK firm.
WICET, run by a private consortium of coal producers, chose Active Risk Manager (ARM) to manage project and sub-contractor “risks and opportunities … integrating risk management across all WICET consortium members into a single enterprise-wide system”.
AIM-listed Active Risk developed ARM, said to address enterprise risk management (ERM) and governance, risk and compliance requirements via a web-based software platform. ARM users include Leighton Contractors, US Air Force, London Underground, and Rio Tinto.
WICET would “gain visibility of risks and opportunities right across this major project,” said Active Risk executive chairman Lynton Barker.
“Our customers tell us that bringing together risk data from all partners and sub-contractors into a single secure and auditable system is the right approach to improve the quality of information available for strategic decision making.”
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