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ISO 31000 IEC, ISO 31010 and Tolerance, Risk Ranking, Crisis and Reputational Impacts

  Back in 1999, we were giving on a regular basis a course at UBC (Continuing Education, University of British Columbia). It was entitled “Design of Risk Management Systems”. Later, in the book entitled Improving Sustainability through Reasonable Risk and Crisis Management ( A guide to Making Better Decisions ISBN 978-0-9784462-0-8) we promoted a strong linkage between Risk Management and Crisis Management. We also stresse the need for robust, science based, risk ranking methodologies. Today we will look at ISO 31000 IEC,…

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Looking Back To Move Forward – The Risk Analysis Legacy of The TITANIC

Looking Back To Move Forward – The Risk Analysis Legacy of The TITANIC: Riskope thanks Evelyn Ramsey for this interesting post. This post is less a history of the disaster of the Titanic and more an insight into the incident’s legacy. Indeed the incident left to future risk analysis professionals a number of unsolved questions. We used public sources for all data and information and we identify this where relevant. Looking Back To Move Forward – The Risk Analysis Legacy…

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L’Aquila earthquake verdict explained from Risk Crisis Management point of view

Data for this “L’Aquila earthquake verdict explained from Risk Crisis Management point of view” summary have been gathered through media and publicly available records. Details we consider “irrelevant”  for this discussion on L’Aquila earthquake verdict explained from Risk Crisis Management point of view have been omitted because of space limitations. We will start this post by summarizing the tragic tale of L’Aquila, a city featuring many historic public buildings and centuries old residential structures located in Italy, a country where retrofitting of…

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