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Season’s Greetings from Riskope

Warmest wishes of the season from Riskope to you! 

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Act of God in probabilistic risk assessment

We define an Act of God in probabilistic risk assessment as an event with a probability of occurrence below the general consensus for credibility. In other words it is an unbelievable event that is supposed to be unfathomable “God’s will”. We can quantify probabilities down to certain frequency levels. As a matter of fact, in our day-to-day practice we consider events probabilities as follows: down to 10-5 as credible, between 10-5 and 10-6 as poorly credible, and finally, below 10-6…

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Holistic Geoethical Slopes’ Portfolio Risk Assessment in Geological Society

We are proud to publish Holistic Geoethical Slopes’ Portfolio Risk Assessment in Geological Society, London, Special Publications, 508. We want to personally thank Giuseppe Di Capua of IAPG for inviting us. Here is a summary of what we discuss in our paper Landslides of natural and man-made slopes, including dykes and dams represent hazardous geomorphological processes that generate highly variable risks. To optimize a slope mitigation approach, one has to combine the probability of failure and the cost of consequences…

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