Due Diligence Essentials for Engineers - R2A's New Booklet


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Oct 12 2024 13 mins  

In this episode of Risk! Engineers Talk Governance, due diligence engineers Richard Robinson and Gaye Francis discuss the new booklet titled "Due Diligence Essentials for Engineers" being authored by Richard Robinson and Gaye Francis.

They talk about the need for the booklet being that Engineers are becoming more involved in the governance process in providing information to boards, directors and senior people. Engineers are ones aware of the critical things that can go wrong and what boards need to know about for their due diligence obligations under the WHS/OHS legislation.

Other areas of discussion include:

  • Whilst most engineers aren't directors and, therefore, don't have the due diligence obligations as spelt out by the WHS legislation, the legislation is specific about duties of designers.
  • Engineers can not rely on Standards or Codes of Practice to absolve themselves of liability.
  • When should engineers elevate issues to higher levels of decision-makers, and the importance of transparency in their decision-making process.
  • Engineers can't be right all the time, but can be diligent. And with Registration of Engineers, due diligence provides a tool to be able to say they’ve done everything that is reasonable in the circumstances to make whatever they’re working on safe.

For more information about Richard and Gaye’s consulting work, head to https://www.r2a.com.au/

The books mentioned in this episode can be found at https://www.r2a.com.au/store

If you’d like to be kept up-to-date with R2A news, including the launch of “Due Diligence Essentials for Engineers”, sign up at https://www.r2a.com.au/newsletter