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The Hydropower Sustainability Assessment Protocol and Operation Risk Awareness and Preparedness Rating (ORAPR)

Sustainability Assessment Protocol and Operation Risk Awareness and Preparedness Rating offer the subject to an interesting discussion. One of the challenges of Risk Assessments lies in defining proper metrics for the consequences of hazards hits. When the Risk Assessment bears on a well-defined facility, the task is relatively easy. Easier than if the study bears on large and multifaceted systems exposed to risks. Among these, for example copper theft or information warfare at national scale, or, similarly, if we are…

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Riots in Europe do not Come as a Surprise to our Clients

In March 2010 we broadcasted an update of our predictions. We originally published those predictions in November 2008 bearing on the duration and depth of the crisis in the Western World. Riots in Europe do not Come as a Surprise to our Clients So, please go back to our post-Lehman Brothers (November 2008) communique. We evaluated a 20% chance the recession would last past Fall 2011. In addition there was 10% chance it would last past 2014. Finally there was…

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Results of our Poll on Cyber Warfare and Risk Based Decision Making Procedures.

We promised to publish the results of our Poll on Cyber Warfare and Risk Based Decision Making Procedures.  So here they are, for your information. Results of our Poll on Cyber Warfare and Risk Based Decision Making Procedures. Please note, all percentages are approximate, rounded up to the nearest 5%. 60% of the respondents use a well defined risk glossary. However, only 25% use well-defined risk assessment procedures and 40% expresses probabilities in non numeric ways (qualitative, indexes etc.). Almost…

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