White Papers

Projects, operations, and corporations around the world have incurred in major losses. This alone shows that common risk management practices  leave organizations widely overexposed to risks. In fact, hose common practices use 4×4 or 5×5 risk matrix devices. However, thoughtful analysis and planning could reduce, mitigate, or avoid those over-exposure. Thus we collectively refer to risk matrix as “PIGs” , or Probability Impact Graphs.

Your free copy of “What You Need to Know About Risk Management Methods” presents the benefits and limitations of common risk management methods, including Risk Matrices, Probability Impact Graphs and Heat Maps. However, to be constructive, it also discusses Optimum Risk Estimates (ORE), a proprietary methodology by Riskope, the result of twenty years of R&D and continuous development.

The white paper presents:

  • A brief review of risk exposures, and the reasons that have lead to them;
  • The liabilities brought to organizations by risk management approaches that use PIGs risk matrix;
  • An overview of the ORE methodology
  • How ORE can provide a clear, rational, defensible description of the organization’s risk environment and risk horizon, and finally,
  • Case studies that demonstrate  ORE applications.

To date, ORE have been applied by Riskope to waste systems, supplies ingress & products egress studies, environmental risk assessments and finally  cyber-defense programs. ORE prioritization is consistent, unambiguous, and provides context for better understanding of an organization’s risks.

Also, in November 2016 Riskope’s principals have authored a book chapter. The title is The Long Shadow of Human‐Generated Geohazards: Risks and Crises, Geohazards Caused by Human Activity, Prof. Arvin Farid (Ed.), InTech. You can read it and freely download it  here.

Do not forget to browse through the list of publicationsRiskope 20 rules for good Risk Assessments and  the glossary where you can download those files for free.

 

 

Riskope Blog latests posts

  • Strategic operational and tactical planning for tailings hydro dams
  • 16-09-2020
  • We are learning that structural integrity of hydro dams is also becoming an issue. Thus, similarly to tailings dams, we…
  • Read More
  • Dam risks informational gap
  • 9-09-2020
  • Dam risks informational gap impacts to a certain extent all dams: hydro, tailings and finally, toxic dumps. There are thousands…
  • Read More
  • Comparison of ORE2_Tailings estimated dam failure probabilities
  • 2-09-2020
  • The comparison of ORE2_Tailings estimated dam failure probabilities is an important element of Riskope continued commitment to test the validity…
  • Read More
  • Get in Touch
  • Learn more about our services by contacting us today
  • t +1 604-341-4485
  • +39 347-700-7420

Hosted and powered by WR London.