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Systems failures of Metro/Subway systems in Santiago de Chile and Toronto

Systems failures of Metro/Subway systems Over a period of less than one year, multiple system failures have put down Metro/ Subway networks of Santiago de Chile and Toronto, stranding up to 100,000 commuters. In both cases the problems stemmed from power failures (investigations still underway, as far as we know). In both case there was no or very limited alternative, or as the media and some politicians have feasted-on, “no plan B”. The failures were so significant because both the…

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Earthquakes, History and Cognitive/ Behavioral Biases

Earthquakes, History and Cognitive/ Behavioral Biases In 1570 AD a major earthquake hit the city of Ferrara tuck in between Florence and Venice in Italy. The seismic swarm destroyed over 40% of the buildings, but caused little harm to inhabitants. I can only imagine how the decision makers (reigning family) of the time were torn for the right course of action in the aftermath of the disaster. Here is my take on the different opinions that could have been expressed,…

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Corso gestione aziendale e supporto decisionale all’intersezione tra la neuropsicologia e le tecniche di analisi quantitativa

                          Riskope ha appena concluso una tournée di corsi e conferenze in Nord-America che si appoggiano, tra l’altro, sul nostro film di animazione e sulle metafore che esso introduce. Gilles Placet continua i suoi cicli di corsi e seminari basati sulla neuropsicologia e sulle costellazioni sistemiche e quantiche in Italia ed in Francia. A fine giugno Gilles e Franco presenteranno a Torino un corso di due giorni sull’essere ed il…

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Five keys to healthy planning, project management that every manager needs, but only successful ones know.

Five keys to healthy planning, project management that every manager needs, but only successful ones know. Projects, particularly larger ones, are inherently risky due to long planning horizons and complex interfaces. Inevitable changes in management and workforce personnel during the project’s cycle increase uncertainties. They also generate unwanted additional risk exposures. Five keys to healthy planning, project management that every manager needs, but only successful ones know. May be you are among those who: Are concerned by poor risk identification and…

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A risk perspective on the concerns raised by the liability of hauling dangerous goods

A risk perspective on the concerns raised by the liability of hauling dangerous goods Riskope thanks Federico Sasso for participating to this research during his summer 2014 internship. The recent Trichloroisocyanuric acid fire event in Port Metro Vancouver raised again concerns related to hauling dangerous goods, immediately reinforced by a new series of crude derailments in Canada, US. It is a topic that we are familiar with since Riskope have performed many risk assessment, and calibrated emergency response plans for…

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Season’s Greetings from Riskope! Voeux de Saison par Riskope! Auguri di Stagione da Riskope. Buen Fin de Año y Feliz 2015

Season’s Greetings from Riskope! Voeux de Saison par Riskope! Auguri di Stagione da Riskope. Buen Fin de Año y Feliz 2015 CLICK THE PICTURE TO VIEW THE MOVIE! This year Riskope has decided to celebrate the Year End by proposing an animated Tale of King Provvidus, Riskopius, his trustworthy advisor and ORE, his faithful method. Season’s Greetings from Riskope! Voeux de Saison par Riskope! Auguri di Stagione da Riskope. Buen Fin de Año y Feliz 2015. This communication project has taken…

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Mining Risk Management Functions Audit

Mining Risk Management Functions Audit Mining Risk Management Functions Audit help your risk assessment do all what you want. Would you like to: rationalize the sizing of insurance coverages? understand extant inter­dependencies within and outside your system? Finally, receive a unique management road­map with a unified approach to 360°­risks, including environmental, reputational and cyber risks spanning over your entire system? Mining Risk Management Functions Audit The replies to those questions should be the direct result of your risk assessments. However, if your…

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Identical single accidents’ consequences can lead to diverging societal impacts: where lies the difference?

Identical single accidents’ consequences can lead to diverging societal impacts Let’s discuss, as we mentioned in the prior post, different accident types, with identical or very similar single-accident direct consequences, but very different global impacts, which may generate surprisingly different public reactions. The discussion will include the classification of the “German” metaphors. Incidentally, we have found one non German document entitled “Blackett Review of High Impact Low Probability Risks ”, by the U.K. Government Office for Science, that refers to…

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