HAZOP Archives - Riskope

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…

Integrating Mitigations with redundancies in an Industrial Process

Integrating Mitigations with redundancies in an Industrial Process is an important aspect of our activities that directly benefits clients. Integrating Mitigations with redundancies in an Industrial Process Riskope was recently asked to review a risk assessment for an industrial process undergoing major expansion and upgrades. Prior HAZOP and FMEA for the proposed facility existed. Neither gave the client required comfort that design decision-making represented an optimum. Riskope started by facilitating the definition of the operation’s success criteria, its metric, and…

HAZOP – hazard methodology

HAZOP – hazard methodology In our day to day practice we frequently see risk/hazard 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 HAZOP, a common process hazard identification methodology. In the coming weeks we will review several of these methodologies and will end the review with a comparison. HAZOP is a structured and systematic examination of a planned or existing…

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…