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Reading the ICMM Guidance and Conformance protocols

We started reading the ICMM Guidance and Conformance protocols with great interest and were pleased with a number of specifications we saw. Of course, an endeavor of this magnitude and scope will stir a lot of interest in the mining world. From our end, given our long experience in tailings system risks, we could not resist to compare the protocols to our day-to-day practice. We noted areas where more detailed explanations would likely benefit the mining industry and the public.…

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Predict business startups success example How to do it

Predict business startups success example How to do it ORE applied to Startups development came up when we read examples of “archival analyses” on startups. Researchers used data mining to show that: board “age”, “gender”, “capital”, “IP” and finally “race” have insignificant effects (after 5 years) on either merger/acquisition rate OR survival of operations of startups. Those results left the authors of the research (Kaufmann Foundation) with the feeling that “something was missing” in this type of analyses. Those results…

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Fault tree analysis, FTA

Fault tree analysis, FTA In our day to day practice we frequently see risk assessments methodologies being stretched to «fit the clients’ case», or, in other words, tools being selected to deliver results they were not designed for. This is a brief summary for the Fault tree analysis (FTA) one of the most common methodologies to evaluate a system against single or multiple initiating faults. FTA is a top down, deductive failure analysis method in which an undesired state of a system is analyzed…

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Teaching Risk and Crisis Management. What has changed between 1999 and today?

Teaching Risk and Crisis Management. What has changed In a few months Riskope will celebrate another important anniversary. In 2012 we celebrated two decades of risk and crisis management, decision making support and consulting. In spring 2014 we will reach fifteen years of specialized courses and seminars on the same subject. As we found in our archives the Table of Content of the course we were giving at University of British Columbia (continuous education) UBC in 1999 we decided to…

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