While some countries are still facing rising numbers of Covid-19 infections, including at time of writing India and a number of other southern and south-east Asian countries, some other countries, and particularly those with earlier and more comprehensive vaccination programs, are now beginning to open up and loosen restrictions. Of
Category: Not News of the Day
All posts and articles that are not News Story of the Day
Risk Assessment Techniques – Layers of Protection Analysis
(This post is part of the 31010 Series of posts on Risks & Ventures. For more information on this series please follow this link). Layers of Protection Analysis is an approach that follows a similar approach to the concept of concentric circles of security. In this concept, an asset is
To Err is Human – Human Reliability Analysis
(This post is part of the 31010 Series of posts on Risks & Ventures. For more information on this series please follow this link). As the early 18th Century English poet Alexander Pope wrote, “to err is human”, and in risk management it is accepted that any process that involves
Risk Assessment Techniques – Showing What Matters with Pareto Charts
Almost every business will have some customers or clients that are more important than others, and usually this will be based on the amount of money these clients spend. Accordingly many businesses will also group or categorise their customers into different service levels designated by their importance, whether or not
Risk Assessment Techniques – Causal Mapping
(This post is part of the 31010 Series of posts on Risks & Ventures. For more information on this series please follow this link). “A picture is worth a thousand words.” (1) Earlier in my career when I was giving a lot more Powerpoint briefings than I am most of
Risk Assessment Techniques – Making Pros and Cons Lists with Cost Benefit Analysis
(This post is part of the 31010 Series of posts on Risks & Ventures. For more information on this series of posts please follow this link). As we have said in some of our previous posts, there are several formal, recognised risk assessment techniques which quite closely resemble things that