Making Risk Useful Michael has access to and has, when needed, employed the services of subcontractors who specialize in fields such as computer modeling and simulation, chemical... reliability and risk analysis, equipment failure analysis, and component risk research and review. For example:Studied gasoline station infrastructure operating history for a major..., Hartford, CT,1988 - 2002(previously known as Industrial Risk Insurers Research and Loss Prevention Services)Developed and evangelized fully quantitative, financially optimized risk-based...

Making Risk Useful Most people think that risk is a bad thing that we can eliminate if we only try hard enough. Actually, no activity is without risk. The good news is that we can... manage risk. In fact, we would argue that risk is at or near the root of nearly every decision we make. (When it is not, perhaps when we are being ruled by emotions or politics..., it should be...)This site introduces one of the pioneers in risk-based methods. These methods measure risk and apply it to decision-making in a logical way. They work very well when...

Making Risk Useful Here are the kinds of things we enjoy doing for our clients.Bridging the gap between engineering and finance.Translating the languages of risk... for risk reduction merit and efficiency.Analysis that takes piles of other consultants reports, determines which (if any) offer real risk reduction, ranks those thatpay..., andestimates the expected value of risk-reduction for the projects that should result.Put form in a pro forma determine how likely it is that the assets behind the numbers will actually...