Monthly Archives: October 2016
There are 150,000 collisions, 350 traffic deaths, and 20,000 injuries every year in Alberta, Canada (AMA, 2011).
You might be living somewhere in another place or country and you have different numbers. Your statistics might be worse or better.
The thing is, behind this statistics are faces of families and friends, the communities, and workplaces. They are all negatively affected and there is an urgent need to understand and do something.
If one thinks about it long enough, he will realize that the solution to this harmful and deadly consequence is risk-based management. Continue reading
Black swan events are so fascinating that they are a common source of discussion in many risk management forums. The variety of perspectives coming from all directions never ceases to amaze.
To a risk manager, ‘black swan’ phenomena are highly unlikely events that have massive impacts on a business or society on the rare occasions they occur. It means that the event is unexpected, but is of huge consequence (Ferguson, 2014). There is no scientific way at present to predict black swan events reasonably and acceptably.
A person’s perspective depends on which side of the fence they are sitting on. With that in mind, a risk can be a threat or an opportunity. Your business sees a threat and your competitor sees an opportunity. It is as simple as that.
Each individual player within the risk universe will see things a bit differently compared to the next person, with some people interpreting things in exactly the opposite fashion. In each case, the person can see only one attribute.
The simplistic objective point of view is that risk is either a threat or an opportunity, depending on the observer’s orientation to the goal. Continue reading
101116 Risk-based Planning & Scheduling (My SAIT Slides) from RUFRAN FRAGO, P. Eng., PMP®, CCP, RMP®, Author
An E-Touch Up Stylish, durable, and a hot fashion staple. These polyester/spandex leggings are made of a comfortable microfiber yarn, and they’ll never lose their stretch.
Eva’s Flowery Power is a special brand attuned with nature to send your message. The singular pink flower in the midst of all the sunflowers symbolizes your uniqueness as an individual. You are beautiful… you are a child of the universe! Continue reading