We wrote a paper with 10 rules to enhance risk assessments and today we will focus on three ways to enhancing your risk registers, namely rules #3, 5, 6. We have selected three rules out of ten of the original paper based on issues various delegates focused on at a recent conference. Of course we invite you to read the full paper and review your risk registers. Your projects/operation/company will greatly benefit from this action once the dust settles. Three ways…
Read More
As we were discussing the Uncertainty taxonomy I remembered a book by Vladimir JA. Propp (1927). The title was “Tales’ Morphology”. This was certainly not part of my scientific background. But there are people out there that delve with delight in such treaties. We will look below at functions of Tale and the relationship to modern Risk Assessment. Where is the link with Risk Assessment? Well, if you read the book you will see in the Preface a long discussion.…
Read More
Business Intelligence, Asset Management and Risk Assessment Based Decision Making Today, more than ever, planners and decision makers are held accountable for outcomes often appearing to be beyond their control, generated by decisions made by others, which were made in different times and socio-economic, industrial and legal environments. Complex and interdependent systems are difficult to grasp and understand. Business systems have become overwhelmingly complex and interdependent and it is often difficult to gain clear understanding of their elements and operating…
Read More
