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Triple Bottom Line Risk Management Enhancing Profit Environmental Performance and Community Benefits 8 pot

Triple Bottom Line Risk Management Enhancing Profit Environmental Performance and Community Benefits_1 pptx

Triple Bottom Line Risk Management Enhancing Profit Environmental Performance and Community Benefits_1 pptx

... 33.Introduction / xix3672 P-00[FM] 5/3/01 2: 08 PM Page xix Triple Bottom Line Risk Management Enhancing Profit, Environmental Performance, and Community Benefits Adrian R. BowdenMalcolm R. LaneJulia ... One outlines the need for risk management, describes the role of risk assess-ment in the risk management process, and discusses current risk assessment ap-proaches.Chapter 1 ( Risk Management ... business risk assessment processes and to formulate well-informed and defensible risk management decisions that satisfy corporate objectives to increase profit, improve environmental performance, and...
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Triple Bottom Line Risk Management Enhancing Profit Environmental Performance and Community Benefits_4 pot

Triple Bottom Line Risk Management Enhancing Profit Environmental Performance and Community Benefits_4 pot

... expressionof risk quotient.GENERATERISKPROFILES AND MAPS Risk profiles and risk maps show the relationships between risk events and howthe total risk is distributed across the risk events. ... cost for the printer and computer. 68 / Stage 3: Analyze the Risk Figure 6.2 Printer cost distribution represented by a set of numbered balls.43215566777 8 8 8 8 8 999910101011111212131314141416161515Frequencyn ... drawn on risk maps and are very useful for comparing risk pre-sented by highly diverse risk events. In addition, risk maps clearly differentiate be-tween risk events that pose similar risk, but...
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Triple Bottom Line Risk Management Enhancing Profit Environmental Performance and Community Benefits_6 pptx

Triple Bottom Line Risk Management Enhancing Profit Environmental Performance and Community Benefits_6 pptx

... advantages and disadvantages and benefits and costs• Recommended risk reduction action, including statements of its benefits (why) and constraints (residual risk) • Details of the risk action ... financial bottom- line aspectsof their business. The potential to expand the scope of their management practicesto address the triple bottom line lies in developing a better understanding of ... For this reason, management systems (i.e., environmental management systems, quality management systems, and integrated risk management systems)have become popular organizational management tools....
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Triple Bottom Line Risk Management Enhancing Profit Environmental Performance and Community Benefits_8 pot

Triple Bottom Line Risk Management Enhancing Profit Environmental Performance and Community Benefits_8 pot

... costs and benefits Further studies and assessmentAgree and finalize values of costs and benefits Modeling of costs and benefits Benefit-cost analysisAssessment of potential cost recoveries and ... CumulativeEvent Risk Optimistic Planning Pessimistic percent ofName Quotient (CL 50%) (CL 75%) (CL 95%) risk R1 1-6 GPS 18. 83 25.61 30.53 40.32 39.72%R1 1-4 Global 18. 28 20.35 22 .81 26 .87 78. 29%R1 ... possible.Initial Risk and Exposure Profile. Figure 11.2 shows a combined risk and expo-sure profile, ranked from highest- to lowest -risk quotient. The line graph showingthe risk quotient for each risk...
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Triple Bottom Line Risk Management Enhancing Profit Environmental Performance and Community Benefits_13 ppt

Triple Bottom Line Risk Management Enhancing Profit Environmental Performance and Community Benefits_13 ppt

... 11consultation, 31, 180 questionnaire, 180 welfare, 126, 127Stakeholders, 10–11, 36– 38, 42, 131, 141,161, 179– 181 , 188 –192, 194, 226,2 68 external, 181 , 188 internal, 181183 , 188 , 190–192Standards, 13, ... 214Ecological risk, 130, 160Economic issues, 5, 30Economics, 13, 179Embankment failure, 237, 2 38 Employment, 183185 , 189 Employment benefit, 185 Engineering, 110, 183 , 185 , 188 , 230, 2 48 benefits, 186 costs, ... 256, 284 , 286287 options, 14, 20, 22strategy, 7, 8, 13, 14, 31, 39, 40, 82 ,93–106, 97, 98, 107–120, 2 68 292Riskiest events, 14, 24, 42, 74, 78, 98, 2 18, 221, 240, 250, 251, 253, 254, 2 58, 261RISQUE...
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Triple Bottom Line Risk Management_3 doc

Triple Bottom Line Risk Management_3 doc

... 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 ... BreachTotal Dam Financial Risk Quotient Risk Quotient ($M per year)3672 P-07 5/3/01 2:26 PM Page 1039.00E-119.00E-109.90E-109.00E- 08 8.10E- 08 1.71E-079.00E- 08 9.00E- 08 SUNNY-DAY FAILURE 2.62E-07Combined ... sufficient understanding of thenature and extent of risk facing an organization that will lead to generation of anappropriate strategy to reduce the risk. The tables, risk profiles, and risk maps gen-erated...
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Triple Bottom Line Risk Management_4 pptx

Triple Bottom Line Risk Management_4 pptx

... op-erations and usually are familiar with the traditional financial bottom- line aspectsof their business. The potential to expand the scope of their management practicesto address the triple bottom line ... understanding of corporate risk use of risk profiles tocompare the relative risk between risk events and estimation of risk cost.• Development of a sound basis for formulation of risk management ... quotients, and a prioritized list ofthe risks• Risk reduction options, their advantages and disadvantages and benefits and costs• Recommended risk reduction action, including statements of its benefits...
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Triple Bottom Line Risk Management_7 pptx

Triple Bottom Line Risk Management_7 pptx

... book.1 98 / Community Safety: Tourism, New Zealand3672 P-13 5/3/01 2:54 PM Page 1 98 Identifying and Quantifying Risk Events Risk Events and Likelihood. The panel members identified and quantified ... 2.53E-04Loss of supervision 5 .89 E-04 - 0.001 5 .89 E-07 5 .89 E-07 1 5.97E-07Wharf failure 0.001 9.51E-06 0.1 9.51E-10 786 7.48E-07 3 1 .89 E-06TOTALS: Total 1.07E-05 7.58E-04Excluding Rockfall 1.06E-05 ... Comparison of the societal risk quotient for tour risk events and the ANCOLDguideline criteria for combined and individual events ranked in order of decreasing risk quotient.1.00E- 08 1.00E-071.00E-061.00E-051.00E-041.00E-031.00E-02Total...
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Triple Bottom Line Risk Management_9 ppt

Triple Bottom Line Risk Management_9 ppt

... 2 48. 51 463.64 0.1 90.39% RiskiestWaste Seepage Release ISR risk 0.779 388 24 0.0 081 186 28 202.97 217.54 233.69 0.00 384 95 .85 % EventsWaste Catastrophic Fail ISR risk 0.5924519 58 0.01 184 9039 11 ,88 4.47 ... Gradual risk 0. 784 555969 0.00 784 556 784 .06463 08 1092.551973 1541.663213 0.001 96.39%Pit Lake Quality Gradual risk 0.620 984 847 0.0064 685 92 6 48. 9016475 85 2.4990239 1097. 384 336 0.00096 98. 42%Waste ... 0.217101079 2150. 081 627 3070.33 685 6 4351.640244 0.0096 68. 17% RiskiestWaste W/rock Bypass Gradual risk 7 .84 5559 687 0.0 784 55597 770.0979491 10 78. 869357 1526.6 589 37 0.01 93 .83 % EventsWaste Tailings...
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Triple Bottom Line Risk Management_10 potx

Triple Bottom Line Risk Management_10 potx

... reduce pumping station risk even further. 288 / Asset Management: Water, New Zealand3672 P-17 5/3/01 3:02 PM Page 288 Table 17 .8 Prioritized Risk Management Actions: Cost and EffectCost Cumulative ... 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 Strategy Cost at CL 80 %) RISK REDUCED (Cumulative Percent Risk) 3672 ... members’ time. Management Procedures in PlaceMetrowater was aware of the failure pathways and the potential impacts on the community and the environment. As part of its normal risk management proce-dures,...
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