RICO

Risk In Complex Operations


Risk Management Tools

Simplifying risk management

Providing risk management tools for better and simpler risk management.

Risk Education

Teaching through examples

We post examples of projects with different risk scenarios and analyse what went wrong.


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HAZOP – Hazard and Operability Study

IntroductionAs we face hazards with the potential to harm and damage ourselves, our organisation and our environment, it is crucial to be able to manage these hazards. Hazard identification is one way to manage the hazards we are facing. Being able to identify the hazards in our daily life, will help us to manage them …

HAZID – Hazard Identification

IntroductionHazards are to be found everywhere. They have the potential to affect our organisations in many negative ways, and therefore we should ensure that we can manage them in the best way possible. To be able to do so, it is crucial to be able to identify which hazards our organisation is facing. Many approaches …

Risk Management

What is a hazard?

We look at risk and hazards in complex operations.


Risk Management

It does not have to be time consuming, complicated and expensive.

But unfortunately it is most of the time… Especially in complex projects!

That is why we use risk management tools!

In risk management there is a number of tools, or methods, one can use to identify, rate and mitigate risk. These methods are a combination of simple and inexpensive ones, such as a brainstorming exercise. To the more complicated, expensive and time consuming ones, such as organisational risk governance and organisational risk communication.

Read about the risk management tools


Educational Examples

With educational examples, our goal is to present the reader with situations or projects where a risk became an incident. By analysing what went wrong and what should have been done, we can hopefully provide valuable knowledge to the reader.

What went wrong

In these educational examples we present a case where a specific project or part of the projects have gone wrong. We try to examine where the “point-of-no-return” is (i.e., where the risk became an incident).

What should have been done

Then, when we know where the project went wrong, we will go back in time before the “point-of-no-return” and see what could have been done differently to avoid the risk becoming an incident.

What can we learn

By doing so, we can provide valuable knowledge and “experience” to, hopefully, get your critical thinking going, so you can avoid the same incidents in your projects!

Read about our risk education content

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