Risk management and management of Grid Procedures involve activities aimed at continually improving the processes carried out by ONS, in order to make them safer and more efficient while preserving the requirements of transparency and equity.

It was approved by ANEEL, in November 2011, version 2.0 of Modules 2, 6, 9, 12, 13, 23 and 26 of the Grid Procedures, by Normative Resolution 461/2011. This review included the compatibility of the Grid Procedures with the resolutions issued by ANEEL in 2009 and 2010, thus giving more consistency to sectorial normative.

Considering the need for permanent updating of the Grid Procedures to assure the adequacy of current legislation and regulations, to ensure the continued consistency and integration between different modules, and to enable the incorporation of improvements in the processes described by them, a systematic periodic review of these procedures was implemented.

In 2011 started the first cycle of application of this systematic review, which included the completion of 19 external workshops with wide participation of agents. The main focus of this first review was to assess the responsibilities and procedures currently described in the Grid Procedures, in order to allow ONS greater access to information considered relevant for ensuring the security of the BIPS and greater power to obtain such information with the agility needed. The revised modules must be sent in the first half of 2012 for review and approval by ANEEL.

With regard to risk management, from the guidelines of ONS Strategic Planning, analyses of various processes were carried out in 2011. These processes have direct influence on the electrical security of the BIPS, to evaluate the risks and identify opportunities for improvement. The focus of the analysis was directed to the following processes and their controls: Scheduling for Operation Grid Facilities Interventions; Disturbance Analysis, System Restoration Studies, Management of Protection and Control Systems, Monitoring of Equipment Maintenance and Transmission Lines, Development of PAR, Terms of Service and Release Statements to the Grid Procedures Issue. The improvements identified are being object of implementation, according to improvement plans defined for each process.

Continuity was given to the External Audit of the input data of the PMO and its revisions, and of data compiled by CNOS used by CCEE and the power planning processes, having been issued by the auditing company Assurance Reports on all months of the period analyzed, showing the adequacy of the procedures performed. The auditing company also indicated opportunities for improvement that have been or are being implemented by ONS, in order to ensure continuous improvement of procedures performed.

In the corporate area, stands out the survey of vulnerabilities associated with the processes of ONS. These vulnerabilities are related to acquisitions and contracting, verification and retention of taxes and the attendance to fiscal and labor legislation. ONS has been conducting regular and systematic monitoring of its exposure, allowing a more effective preventive action.