This working paper reviews findings from research being carried by Chris Peace out towards a PhD at Victoria University. It looks at which techniques could be and are used as part of risk assessments.
Listed below are some of the articles we have written. If you register for updates we'll tell you when new articles have been published here.
14.09.2015
Book review: Uncertainty and Risk
Risk is the “effect of uncertainty on objectives”. I think that’s the definition in AS/NZS ISO 31000. And note 5 to that definition does define uncertainty in fairly certain terms as “the state, even partial, of deficiency of...
Category: Publications
14.09.2015
Risk identification: how and how many?
Risk is “the effect of uncertainty on objectives” which begs the question: “What are the objectives?”. Leaving that question for another short article, the questions here are “how should risks be identified?” and “how many risks...
Category: Publications
14.09.2015
Effective risk assessment – beyond the matrix
Many risk assessments are based on a simple analysis using a 5x5 matrix or similar. Such analyses may lack understanding of the organisational context and relevant risk criteria, and naming of risks may fail to describe them in...
Category: Publications
14.09.2015
“All that man is; all mere complexities”: managing disruption-related risks
The first section of this conference paper briefly reviews some recent disruptive events in New Zealand and elsewhere and some disruption-related risks. Some research into disruptions and management responses is then reviewed,...
Category: Publications
14.09.2015
But how do you integrate risk management? A book review
Risk Management in Organisations: an integrated case study approach by Margaret Woods, publisher Routledge; 176 pages. How do other organisations implement risk management? How does it work for them? Where can I find some case...
Category: Publications
14.09.2015
MORT and all that
The Management Oversight and Risk Tree (MORT) method was developed in the 1970s by the US Government to help ensure high levels of safety and quality assurance in the American energy industry. MORT is a generic analytical...
Category: Publications
14.09.2015
Risk appetite and criteria compared, considered and developed
Risk appetite is defined in ISO Guide 73 Risk management – Vocabulary as “the amount and type of risk an organisation is prepared to pursue, retain or take”. Other definitions exist including the COSO 2004 definition “risk...
Category: Publications
Working papers
Our first working paper is published below. Comments welcome!