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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Every group we present ORE2-Tailings to is curious about the Data required for ORE2-Tailings risk assessment. In follow-up to a presentation, the client requested the following three information: What are the 30 diagnostic points ORE2-Tailings uses to evaluate the annual probability of failure of a dam? Is there a peer reviewed publication about the methodology? What are the steps to define the risk tolerance of a corporation or an operation/project? Data required for ORE2-Tailings risk assessment This section summarily describes…
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It is obvious that risk and uncertainty analyses can and will always be challenged by opposing stakeholders not satisfied with probability assessments. They will base the challenge based on their subjective, modeled or even „pseudo statistical“ approaches. Under the excuse of limited or poor available knowledge of the problem at stake some stakeholder may invoke the „unrepresentative“ character of expert analyses. In addition they will try to avoid making sensible decisions based on “mistrust„ in the results. Indeed they will…
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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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Fund allocation from money lender The idea is not to perform a full risk assessment or due diligence study. Indeed, it is to deliver an ORE based simplified functional a priori analysis for each company which allows comparisons, bench-marking for Fund allocation from money lender. The ORE based simplified functional analysis is scalable. It allows a company to opt to get deeper in their risks analysis to further enhance their chances of success. Additionally, one can use the analyses for…
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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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Season’s Greetings from Riskope! Voeux de Saison par Riskope! Auguri di Stagione da Riskope. Buen Fin de Año y Feliz 2015 CLICK THE PICTURE TO VIEW THE MOVIE! This year Riskope has decided to celebrate the Year End by proposing an animated Tale of King Provvidus, Riskopius, his trustworthy advisor and ORE, his faithful method. Season’s Greetings from Riskope! Voeux de Saison par Riskope! Auguri di Stagione da Riskope. Buen Fin de Año y Feliz 2015. This communication project has taken…
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Riskope ringrazia Federico Fontolan per questo interessante contributo. Osservando il Risk Management Survey 2013 redatto da Aon sulla base dei risultati di un’indagine effettuata tra 1415 società in 70 paesi, possiamo notare come nella top ten dei “rischi d’impresa” figurino “rischi” quali la crisi economica, l’incertezza politica e, con grande rilievo perché al quinto posto assoluto, il “rischio” di perdere o non saper trattenere i talenti. La fotografia che ne deriva è molto interessante perchè sintomatica dell’evoluzione che ha avuto…
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