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An insight of applications of risk management systems to project valuation

An insight of applications of risk management systems to project valuation is the title of an invited lecture at HAWK. More precisely, the Dean of the Faculty of Management, Social Work, Building at the HAWK University of Applied Sciences and Arts Hildesheim/Holzminden/Göttingen invited this lecture. Prof. Dr. Matthias Weppler is the Dean (DEAL – Magazine | Real Estate | Investment | Finance) since April 2021.  The audience The Property Management Master’s course, offered at the HAWK in Holzminden since 2004,…

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The eternal confusion between tailings hazard and risks

A comment to a blogpost on tailings failures inspired this comment on the eternal confusion between tailings hazard and risks. Some voices are rising to state that the real number of tailings dams on the planet is around 35,000. Based on that number they then engage in a biased risk discourse. Indeed, we think those arguments are misleading and not helping the cause of tailings risk reduction. Let’s discuss why. The true number of tailings dams on the planet The number…

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Risk assessment comparison on a system including 5 macro-elements

A client considering a full scale ORE deployment asked for a risk assessment comparison on a system including 5 macro-elements in one of his processes. A risk assessment comparison on a system including 5 macro-elements The client wanted to compare a quantitative: common practice risk assessment result with risk assessment with ranges expressing probabilities and finally risk assessment where we would consider interdependencies between macro-elements. ORE deployment We estimated quantitative probabilities of failure of each macro-elements based on case histories…

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Business tales, awe and success

We just rolled out our new course for businesses, entrepreneurs, startups. The title is Business tales, awe and success. Participants came from various business areas including mechanical engineering, green energy, automotive, wellness and health as well as engineering. Learn to write/rewrite your business story to plan for success. Embrace changes that will inspire awe and confirm your unique leadership. The two days event is an interactive and guided journey between literary analysis techniques. We also teach more advanced business decision making…

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Kuala Lumpur, Malaysia, Course on Rational Risk and Crisis Management

We present our next endeavor: Course on Rational Risk and Crisis Management in Kuala Lumpur. This course is suitable for anyone who is involved in process hazards, risk quantification and preparation of 360 degrees, holistic, ISO 31000 compliant Risk Assessment for business, operations, projects. You can see the brochure and registration information here. Course on Rational Risk and Crisis Management in Kuala Lumpur The methodologies introduced in this course will greatly benefit money lenders, insurers in addition to corporate managers,…

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Riskope 5 day course on Risk and Crisis Management for top managers and key personnel.

Riskope 5 day course on Risk and Crisis Management for top managers and key personnel. The Answer to specific requests. Riskope were indeed recently asked to provide a comprehensive five day course addressing Risk and Crisis Management, Risk Based Decision Making, Project Evaluation for top managers and key personnel at Investment Banks, Oil & Gas, Energy and Transportation. Riskope 5 day course on Risk and Crisis Management for top managers and key personnel. Although companies willing to commit the resources…

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Strategy, Leadership and Success in Personal and Organizational Development

2012 marks the 20th anniversary of Riskope’s active service in the international Risk and Crisis Management arena with Strategy, Leadership and Success in Personal and Organizational Development. Although we exist, in one form or another, since 1988, our companies drastically evolved from Engineering to Risk and Crisis Management with the acquisition of a series of very unusual jobs in the early 90s. It appears now that those jobs were the tipping point of our evolution, as summarized by the following images.…

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The Hydropower Sustainability Assessment Protocol and Operation Risk Awareness and Preparedness Rating (ORAPR)

Sustainability Assessment Protocol and Operation Risk Awareness and Preparedness Rating offer the subject to an interesting discussion. One of the challenges of Risk Assessments lies in defining proper metrics for the consequences of hazards hits. When the Risk Assessment bears on a well-defined facility, the task is relatively easy. Easier than if the study bears on large and multifaceted systems exposed to risks. Among these, for example copper theft or information warfare at national scale, or, similarly, if we are…

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