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.
This case describes a simple project risk assessment undertaken to initiate formal risk management on a large expansion program for a port that handled bulk commodities for export. It demonstrates the value of tailoring the risk assessment for the circumstances. In this case, a modified pre-mortem process was used for risk identification, and the corporate scales for operational risk analysis were adjusted to better suit the project.
This case describes a simple project risk assessment undertaken to initiate formal risk management on a large expansion program for a port that handled bulk commodities for export. It demonstrates the value of tailoring the risk assessment for the circumstances. In this case, a modified pre-mortem process was used for risk identification, and the corporate scales for operational risk analysis were adjusted to better suit the project.
Organisations use root cause analysis to learn lessons from both successes and failures, and then to develop plans that will improve performance. This tutorial describes consistent and systematic methods that can be adopted for learning lessons and generating improvements. It describes two methods: fishbone analysis, and cause and effect analysis.