Triple Bottom Line Risk Management 10 potx

... Sharing and Risk Transfer 107 Risk Reduction 109 Risk Acceptance 111 Implementation 113 Risk Management Systems 116 Summary 119 9 Benefits of the RISQUE Method 121 Risk Management and the RISQUE ... 5/3/01 2 :10 PM Page 4 B OOK S TRUCTURE Part One outlines the need for risk management, describes the role of risk assess- ment in the risk management process, and discus...

Ngày tải lên: 21/06/2014, 12:20

... per year Risk Quotient = $100 per year Risk Quotient = $10 per year 0.0000001 0.0000 010 0.000 0100 0.00 0100 0 0.0 0100 00 0. 0100 000 0 .100 0000 1.0000000 10, 000 100 ,000 1,000,000 10, 000,000 100 ,000,000 ... all exceed a risk quo- tient of $100 per year) is substantially higher than the risk posed by the other 15 events. In this case the risk analysts could select...

Ngày tải lên: 21/06/2014, 12:20

... organization’s risk management ethos and that the risk manage- ment policy states the organization’s commitments to managing risks. The risk management system defines the risk management policy, ... the Risk Treatment Strategy Figure 8.1 Risk management system conceptual framework showing the continuously cyclic nature of risk management. Management commitment Audit T...

Ngày tải lên: 21/06/2014, 12:20

... restructuring to reduce risk with events ranked by Run 1 risk quotient: Run 6 results. 0 20 40 60 80 100 120 Exposure ($million) 0.001 0. 010 0 .100 1.000 10. 000 100 .000 1,000.000 Risk Quotient ($million) R6 ... risk. Risk Reduction Plan Risk reduction actions were developed for each risk event, in progression along the risk profile from the highest- to the lowest -ris...

Ngày tải lên: 21/06/2014, 12:20

... facilitate the risk management process. risk assessment: The study of decisions subject to uncertain consequences; the overall process of risk analysis and risk evaluation. risk aversion: Risk management ... 223, 224 Trading, suspension, 247 Traffic barriers, 210 Train travel, 206 Training, 109 , 110, 210 Travel cost, 184 Treasury, 3 Triple bottom line, 3, 15, 29, 122...

Ngày tải lên: 21/06/2014, 12:20

... storage (10 m 3 ) 60 100 Power fail 100 200 Install bollards 2 4 Impact 100 202 T16 Install an audible alarm 2 3 Equipment and power fail 10 204 Provide extra storage (10 m 3 ) 60 100 Power fail 100 ... 1,000) 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100 % Initial Cumulative Risk (Percent of total risk) BENEFIT (Cumulative Risk Cost at CL 80%) COST (Cumulative Risk Strateg...

Ngày tải lên: 21/06/2014, 23:20

... contribution to total risk, from the most risky event to the least risky event. The line plot shows that proceeding on from the riskiest event, the two most risky 88 / Stage 3: Analyze the Risk Figure ... Home Car 0.0000001 0.000001 0.00001 0.0001 0.001 0.01 0.1 1 10, 000 100 ,000 1,000,000 10, 000,000 100 ,000,000 1,000,000,000 Annual Frequency Annual Probability of Failure Typica...

Ngày tải lên: 21/06/2014, 23:20

... re- sponsible triple bottom line risk management, some of which are: • Provision of a clear understanding of corporate risk use of risk profiles to compare the relative risk between risk events ... organization’s risk management ethos and that the risk manage- ment policy states the organization’s commitments to managing risks. The risk management system defines the...

Ngày tải lên: 21/06/2014, 23:20

... loss of life was concerned, risk was considered using two different measures: (1) individual risk and (2) societal risk. Individual Risk. For this study, individual risk was the measure of threat ... individual risk are equivalent. Societal Risk. Societal risk was the measure of threat to life from MEL’s per- spective or from the perspective of society as a whole. Societal risk...

Ngày tải lên: 21/06/2014, 23:20

... RANKED RISK ISSUES ISSUE Liability/Insurance PROJECT RISK ANNUAL RISK Cost CL 50% Cost CL 80% Cost CL 95% PROJECT Frequency % Cumulative Risk Waste Coll Pond Quality Gradual risk 20.84170361 0.21 7101 079 ... sudden risk events. Figure 16.4 is a cumulative risk profile that shows the cumulative exposure and the cumulative percent risk for risk- ranked events. It shows that th...

Ngày tải lên: 21/06/2014, 23:20