by John | Mar 17, 2015 | Uncategorized
At Easter 1916 a group of revolutionaries failed to overthrow British rule in Ireland. After a gun-battle several were killed but more were taken prisoner. These men were sentenced to death and executed by firing squad. Many historians believe that this execution...
by John | Mar 8, 2015 | Uncategorized
At a Risk Management Seminar recently, I heard a discussion of Risk Gearing. At first it seemed a bit academic, but I soon saw that it is very important. What does it mean? When we try to evaluate a risk in order to prioritise it and/or to decide how much money to...
by John | Mar 7, 2015 | Risk Management
At a Risk Management Seminar recently, I heard a discussion of the unknown. What do I mean? You may know that a variable you are measuring, say, number of accidents, is a result of several other variables which you can also measure, at least approximately, such as...