011314 Earthquakes, Superstorms, & the Fundamentals of Risk Management

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The objectives of this presentation are:

To improve understanding of the fundamental and mandatory integrative approach to Risk Management processes and knowledge areas.

To show that Risk Management of natural disasters is practically about managing the risk consequence as man has no control of their probability.

To highlight some of the critical Risk Management elements needed for success including the use of cause & effect analysis.

To share with other professionals some interesting principles & concepts that will lead to a more effective Risk Management.

To differentiate Risks, Facts, Issues and Problems.

To emphasize the importance of a good quality plan.

To provide a high level list on how to address risks, issues and problems.

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011314 Earthquakes, Superstorms, & the Fundamentals of Risk Management

  1. 1. EARTHQUAKES, SUPER STORMS AND THE FUNDAMENTALS OF RISK MANAGEMENT Revision 4: January 13, 2014
  2. 2. EARTHQUAKES, SUPER STORMS & THE FUNDAMENTALS OF RISK MANAGEMENT 2 AUTHOR Rufran C. Frago, P. Eng., PMP®, CCP, PMI-RMP® Rufran has a wide-range of expertise & specialization while working in the Manufacturing, Petrochemical, Oleo-chemicals, Oil and Gas, Education & Training Industries for more than 36 years in various roles and capacities. He has worked in Asia, Africa, Middle East and North America. His expertise includes: Primavera Database Administration, Programs and Project Planning & Scheduling, Qualitative/Quantitative Risk Management, Problem Solving, Project Management, Cost Engineering, Project Control, Construction Management/Coordination, Project Review & Implementation Audit, Estimating, Engineering & Design, Fab/Mod Management, Preventive & Predictive Reliability- Based Maintenance, Operation, Material Selection, Warehousing, EH&S, and Training.
  3. 3. PURPOSE To improve the understanding of the fundamental and mandatory integrative approach to Risk Management processes and knowledge areas. To show that Disaster Management is practically about managing the risk consequence. To highlight the critical risk and disaster management elements needed for success including the use of cause & effect analysis. To share with other professionals & disciplines some interesting principles & concepts that will lead to a more effective risk management. To differentiate Risks, Facts, Issues and Problems. To emphasize the importance of a good quality plan. To provide a high level summary list on how risks, issues and problems can be addressed. 3
  4. 4. 4 Sorry, the article you are looking was removed. You will find a more detailed discussion about the subject and many other related topics in the paperback edition of the book "Risk-based Management in the World of Threats and Opportunities: A Project Controls Perspective." It is also available in Amazon’s Kindle edition. Please follow the hyperlink below or copy and paste the URL on your browser to check. You can now grab a copy. Check it out! http://www.amazon.com/RUFRAN-C.-FRAGO-PMI-RMP/e/B01055MPYI http://www.amazon.com/dp/B0104OFUDI/ref=rdr_kindle_ext_tmb https://www.linkedin.com/pulse/risk-based-management-world-threats-opportunities- rufran?trk=prof-post Cheers, Rufran C. Frago Author Sorry, the article you are looking for was removed.

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