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Full Description
This book aims, through its chapters, at providing the knowledge to make competent decisions, convince peers or top management to take appropriate action, or beat out the competition for climate adaptation measures including adjustments for design and operations. Topics discussed include business-as-usual vs. divergence; the effects of public pressure on corporate, industrial and government decision making; techniques for gathering the proper information to assess risks and hazards; the importance determining risk tolerance thresholds; the difference between tolerable risks, intolerable ones that benefit from mitigation and those that require strategic shifts; why common practice approaches such as FMEA, and risk matrices are inadequate in today's world and do not help ensure infrastructural and systemic resilience and sustainability.
Case histories and three complete case studies that can be adapted to any industry or project walk the reader step by step from client request to recommendations and conditions of validity. The ultimate aim is to understand how to reduce risks to tolerable and societally acceptable levels while simultaneously creating sustainable and ethical systems.
Contents
Introduction.- State of Affairs.- Mankind, risks and planning.- The Context of Divergence.- Divergent Exposures, the Public and Ethics.- Business-as-usual vs. divergent hazards.- Corporate risks and exposures vs. the public's wants and reactions.- Convergent Assessment of Exposures.- System definition in a convergent platform.- Comprehensive Hazard Identification.- Defining probabilities of events.- Evaluating Consequences.- Tactical and Strategic Planning for Convergent/Divergent Reality.- Tolerance and Acceptability.- Convergent Risk Assessment for Divergent Exposures.- Defining Manageable-Unmanageable and Strategic Risk.- Convergent Assessment for Divergent Exposures: Case Studies.- Objectives of the Case Studies.- Case Study 1: Railroad RR.- Case study 2: Terminal.- Case Study 3: Convergent Enterprise Risk Management (ERM) on divergent risks.- Conclusions and Path Forward.
