An international food processing company needed to make strategic decisions about the effects of climate change on its operations and the value of its business. A risk management process was tailored for the specific context of climate change, using scenarios and climate-change drivers to structure the assessment. The case demonstrates the value of sound preparation, comprehensive briefing material and good facilitation for dealing with long-term risks and environmental uncertainty.
Creating value from uncertainty
Broadleaf Capital International is a specialist risk management consultancy. Our expert team brings decades of experience, leading methods and a deep understanding of uncertainty and how it can be understood and managed. We operate around the world.
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Qualitative and quantitative views of project risk are often treated as if they are distinct from one another. It is easier to make sense of uncertainty if that artificial divide is set aside. This paper describes a way to frame processes based on qualitative and quantitative descriptions of uncertainty as an integrated view of project risk management. This can be used to assist in implementing risk management and as an aid to clear communication about project risk.