Contact

Archives

ALE, FMEA, FMECA, qualitative methods: is it really what we need!?

ALE, FMEA, FMECA, qualitative methods: is it really what we need!? discusses the evaluation of systems’ failure. An array of methodologies exist. Among these the are Failure Mode and Effects Analysis (FMEA) and the Failure Mode and Effects Criticality Analysis (FMECA). Many Risk Assessment use Annual Loss Expected (ALE) as a metric for impact or consequences. Impact analysis of every potential defect on functionality The essence of FMEA/FMECA is the impact analysis of every potential defect on functionality of the…

Read More

Governments are pulling on Green Energy Support part 2

When an article about “intuitive” or “impulsive” decision making and its numerous pitfalls gets out, we always check to make sure our services or applications would have allowed a better course selection. It is our duty, in our capacity of decision making support consultants, to make sure our services and applications are robust and would be beneficial to our clients. Scientific American March 1st article Last week, in Scientific American of March 1st  we read the following lines. “Basically, governments…

Read More

A “political risk” approach to oil pricing and “failures” to produce

Based on data to be found in the CIA world factbook  it is easy to find how oil production is shared world-wide among single oil-producing countries. Those are for example members of OPEC. At the end of this post we have added a short summary table with a selection of North African and Middle East producing countries. We present a “political risk” approach to oil pricing and “failures” to produce in this blogpost. Numerous articles have recently shown up in…

Read More

Archive

Vancouver Digital Creative Agency Ballistic Arts Media Studios.