utility Archives

Comparing Projects by Using Riskope’s CDA/ESM (Comparative Decision Analysis/ Economic Safety Margin)

Introduction The aim of the CDA/ESM methodology is to enable communities, governments, design groups, corporations etc. to compare and evaluate projects in a transparent and objective way. The ultimate goal is of course to limit the chances of poor decisions, ruinous choices and industrial fiascoes when comparing projects or alternatives. Projects whose comparison/evaluation is amenable to the proposed methodology include, but are not limited to: Industrial processes (including information, IT & IP protection etc.) Civil infrastructure (buildings underground, above ground)…