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.
Read the latest RICO post
ALARP
Eliminating every single risk in a complex operation is impossible, in fact even in simple projects you can never predict or eliminate all risks. This means that you must accept a certain level of risk. Determining whether a risk is acceptable or not can be difficult though. A lot of factors can affect perception of …
Swiss Cheese Model🧀
In recent years, the study of safety and risk assessments has become more important and is used in different fields of risk management. A model used to assess risk is the Swiss Cheese Model by James Reason. The model can be used to understand how negative outcomes occur and how to prevent them. It was originally developed …
The 5 Why Method
Introduction: This investigative method aims to uncover the complex relationship between cause and effect, revealing underlying issues. By asking 'why' repeatedly, it peels away layers of complexity until the root cause is exposed. Typically, five rounds of questioning are enough to lessen human errors like bias and assumptions, recognizing that problems don't always follow a …
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.
The latest about risk management tools
Does your company have a Contingency Plan?
Does your company have a Contingency Plan? This post guides you through how and why to make a CP. Click here to learn more..
Risk strategy; risk transfer, sharing and spreading
Risk management strategies Risk tranfser, sharing and spreading as the last risk management strategy. Click here to learn more..
Risk strategies: Risk likelihood Reduction and Consequence Reduction
Risk management strategies Risk likelihood and consequence reduction are two different ways to manage risk. Click here to learn more..
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!
The latest about our risk education content
What Can Go Wrong Will Go Wrong
Managing a large-scale construction project is no small task. There are many moving parts, stakeholders with which to communicate, supplies to order, funding to obtain, permits to acquire, and safety to consider. With this understanding, it may not be a surprise to hear that time delays are quite common within construction projects. However, recent reports …
Controls to Reduce Risk & Pitfalls to Avoid
Introduction There are numerous controls to avoid and reduce the risks to your project or organization. Though the risk is not always avoidable, there are ways to alter it. Below are proven controls used to alter risk. Controls - Engineering Controls: these are controls that reduce risk using engineering methods. This can include: 1. How …
Continue reading "Controls to Reduce Risk & Pitfalls to Avoid"
Preparedness at the Individual Level
Preparedness Starts with You! Risk is everywhere. From the moment you get in your car to go to work until the moment you swallow your last midnight snack before bed, you encounter different risks of different severities. It is also becoming increasingly obvious that both the number and severity of emergencies and disasters people face …
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