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Teaching Risk and Crisis Management. What has changed between 1999 and today?

Teaching Risk and Crisis Management. What has changed In a few months Riskope will celebrate another important anniversary. In 2012 we celebrated two decades of risk and crisis management, decision making support and consulting. In spring 2014 we will reach fifteen years of specialized courses and seminars on the same subject. As we found in our archives the Table of Content of the course we were giving at University of British Columbia (continuous education) UBC in 1999 we decided to…

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What to do instead than common practice Probability Impact Graphs and FMEA

What to do instead than common practice Probability Impact Graphs and FMEA Consider this a summarized guide to introduce you to the procedure to avoid obsolete and flawed common practice approaches. You can find information on the “rules” for proper risk assessment here an interesting white paper entitled “What you need to know about Risk Management methods” here. The white paper presents the benefits and limitations of common risk management methods, including Risk Matrices, Probability Impact Graphs and Heat Maps…

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Delicate Balancing Act of Innovation Risk Management

Delicate Balancing Act of Innovation Risk Management Riskope thanks Eve Pearce for this contribution. Running a business is a bit of a tightrope walk at times. Running a successful business, doubly so. It’s very difficult to make a decision to try something different – something truly innovative – without rocking the boat too much and putting your financial future on the line. Or, in worst case scenarios, spelling the end of the business altogether. As we’ve discussed at length in…

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Aspects of Risk Tolerance, Manageable vs. Unmanageable Risks in Relation to Critical Decisions, Perpetuity Projects, Public Opposition

Aspects of Risk Tolerance, Manageable vs. Unmanageable Risks in Relation to Critical Decisions, Perpetuity Projects, Public Opposition Riskope is writing a paper following this Abstract to be published at a Conference in Canada in 2014. The paper builds on case studies from prior papers (Can We Stop Misrepresenting Reality to the Public, Factual and Foreseeable Reliability of Tailings Dams and Nuclear Reactors -a Societal Acceptability Perspective) to discuss social acceptability of risk, risk estimates and risk communication in view of new…

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