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Riskope Short Course at Colorado State University

Riskope Short Course at Colorado State University: On Sunday, October 14, 2012 (08:30AM to 5:00PM) Riskope will present a short course at Colorado University Tailings and Mining 2012 Conference  on ORE (Optimum Risk Estimates). This short one day course will bring much needed answers to anyone involved in evaluating tailings risks in projects. Those include pre-feasibility level, operations, decision-making in the mining industry. We will use plain language and our standard technical glossary . Because of that, no mathematical knowledge is…

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Evolution of Risk Management and Risk Managers

Twenty years ago positions like “Risk Manager” were held by a “glorified secretarial”. We remember some senior corporate officers calling Risk Managers: “the insurance guy”! Indeed an Evolution of Risk Management and Risk Managers has occurred in twenty years! Twenty years later, lots of pain and efforts have brought the Risk Manager to V.P. level in many companies around the world. Many Risk Management Societies and non profit organization in the domain of risk management, claim, we believe rightly so,…

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Protecting Critical Infrastructure Against Cyber-Attacks

Riskope gave a talk on Protecting Critical Infrastructure Against Cyber-Attacks. The venue was in Switzerland, at the Geneva Dialogue 16th-17th of April 2012. That conference was indeed geared toward Protecting Critical Infrastructure Against Cyber-Attacks. The general theme is Critical Infrastructure Protection, Resilience Enhancement, Strategies for the Future. Participants came from Canada, China, various European countries, Mexico as well as the USA. Risk Management: steering your organization through difficult times Riskope presented “Risk Management: steering your organization through difficult times”. The…

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Is it true that PIGS can fly?

Is it true that PIGS can fly? Despite their notoriety, Risk Matrices 5×5, Probability-Impact Graphs (PIGs), “Heat Maps”, have critical and potentially damaging intrinsic problems. That’s what Oboni Riskope Associates Inc. have learned thanks to two decades of Risk Assessments for extremely interesting and unusual projects awarded by a number of forward thinking clients. Is it true that PIGS can fly? When looking at Risk Assessments of operations, plants and even networks, we can affirm that PIGs (we will use…

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Arbitrary selections in Risk Management are a liability.

We can see a day when a case will be challenged in court against a company that used Probability Impact Graphs (PIGs risk matrix) for their risk assessment. The questions that could be asked will be horribly embarrassing and very damaging to the PIGs risk matrix’s user. Likely, they will tend to prove that the approach constituted a professional negligence. Perhaps due to the breach of Duty of Care. Indeed Arbitrary selections in Risk Management are a liability. A preliminary list…

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Risk perception, corporate prestige, psychological factors, alibi and denial.

Risk perception, corporate prestige, psychological factors are important sources of irrational decisions. Roughly ten years ago we were invited by a very famous and prestigious European Railways company to give a seminar to top management. NB: the company name is covered by confidentiality and we have also slightly altered the story to further protect the identities of the implied parties. European Railways companies are “state owned” enterprises. Thus their Boards generally have c-suite who either are administration veterans or politicians.…

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Quinn Storm and Rolf Medicane gave us the opportunity to test the Balangero Asbestos Mine Environmental Risk Based Decision Making (RBDM) Restoration Design under Extreme Meteorological Conditions. Another success for CDA-ESM!

Two storm gave us the opportunity to test the Balangero Asbestos Mine Environmental Risk Based Decision Making (RBDM) Restoration Design under Extreme Meteorological Conditions. In the past (2009) we already reported in this blog about an interesting environmental restoration project that was entirely designed using RBDM.  As the project includes a large reforestation program, we have been updating our reports. In fact we just published and presented a paper on it at Tailings and Mine Waste 2011 Conference,Vancouver, Canada. Asbestos Mine…

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Information Security, Cyberwarfare, Security Guidelines.

This year has seen an unprecedented number of highly visible cybersecurity events. Entire countries disappeared from internet during riots and revolts in North Africa, Egypt, Libya. Metropolitan underground e-mails and phones were obscured by the authorities in San Francisco to “protect us”. Reportedly the hacker group Anonymous has now threatened to take down the New York Stock Exchange‘s computers in what we at Riskope would see as a “logical” development of the Men against Machines War we described in a recent posting…

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