Riskope presented at Infonex (https://infonex.com/ ) Quantitative Convergent ERM to Solve Real Life Problem. The conference was carried out on Zoom and the talks were, of course recorded. What is ERM? Enterprise risk management (ERM) is a plan-based decision-making support. It allows its users to enhance their tactical and strategic planning and therefore to increase competitiveness. Indeed, it aims to identify, assess, and prepare a project, corporation to cope with threats and hazards. Threats and hazards can occur with different…
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Today we explore the relationship between Failure modes and catastrophic failures. Catastrophic failure of tailings dam and its water management structures are the likely result of the failure of a number of essential components or any combination of states. We purposely use a different terminology from failure modes because they explain how the dam can fail, but not why. If we look at past events, hydro dams and tailings dam are similar as, for example Oroville and Fundao did fail…
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Catastrophic failures forensic analyses are, most of the time, left in the hand of experiences engineers. At least, that’s the case for tailings dams failures and other catastrophes like major infrastructural accidents and for instance, aviation. Are we sure that is the best way? Normalization of deviance, management and decision-making are oftentimes ingredients of the catastrophic failure buildup, not only “engineering”. So, we dare to say, Independent Panels should include social scientists. They seem to be the most qualified to…
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Today we explore under which conditions can we learn from our failures? In our society we oftentimes say that we benefit from failure, mostly in terms of lesson learned, allowing for better future decisions. System are continuously exposed to failure As Johnny Cash stated : “You build on failure. You use it as a steppingstone. Close the door on the past. You don’t try to forget the mistakes, but you don’t dwell on it. You don’t let it have any…
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100 years 289 tailings dams failures history is the result brought in by a very detailed research (www.csp2.org) including a freely downloadable database and several explanatory and interpretative papers by Bowker and Chambers. 100 years 289 tailings dams failures history The database contains (on October 7th 2016) 289 failures occurred in 2016-1915= 101 years. Additionally the database contains all reported, failures in the period, from irrelevant/small released volumes, short runout distances, no victims, to the recent large failures (Mount Polley…
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