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Business as usual definition in Risk Assessment

Business as usual definition in risk assessment, as defined in our day-to-day practice, is an unchanging state of affairs. That is, despite the occurrence of non-divergent hazards of any kind (man-made, natural). An example of business as usual and non divergent hazard For instance, the variability of any parameter as considered and specified in the design of a system is “business as usual”. Therefore that variability does not represent a hazard. For example, the variation of the oil price of…

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Foreseeability and predictability in risk assessments

The discussion of terms such as Foreseeability and predictability in risk assessments is rather common. Like usual, at Riskope we like to have an extremely clear glossary, in order to avoid blunders due to miscommunication. Foreseeability and predictability in risk assessments Foreseeability is the facility to perceive, know in advance, or reasonably anticipate that damage or injury will probably ensue from acts or omissions. A foreseeable event or situation is one that can be known about or guessed before it…

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