In our courses we always introduce the Threat from and threat to concepts because they apply to risk assessment and risk management. Oftentimes engineers and technical people have a “facility-centric” approach. This means they see the facility they are studying as a potential source of hazard exposures. In mining, this means looking for example at the pit or tailings as the sources of hazards to “the environment”. Thus, oftentimes the analysts see the facility as generating threats to the population,…
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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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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…
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What to do instead than common practice Probability Impact Graphs and FMEA Consider this a summarized guide to introduce you to the procedure to avoid obsolete and flawed common practice approaches. What to do instead than common practice Probability Impact Graphs and FMEA? In fact, you can find information on the “rules” for proper risk assessment here an interesting white paper entitled “What you need to know about Risk Management methods” here. The white paper presents the benefits and limitations of…
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