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	<title>BroadleafBroadleaf</title>
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	<link>https://broadleaf.com.au</link>
	<description>Creating value from uncertainty</description>
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		<title>Planning for success: Enhancing teachers’ confidence in innovation in schools</title>
		<link>https://broadleaf.com.au/planning-for-success-enhancing-teachers-confidence-in-innovation-in-schools/</link>
		<pubDate>Tue, 31 Mar 2026 22:00:54 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=98091</guid>
		<description><![CDATA[Schools need to innovate to survive in a competitive and constantly evolving industry. This paper provides a new, simple way of thinking for educational leaders and teachers, to increase confidence in innovation projects, enable them to empower innovation in their schools, better justify innovation proposals and persuade other teachers to participate. This case study shows how aspects of risk management and bow tie analysis can contribute to innovation activities. We show how the approach was applied successfully to the introduction of new classroom technology and collaborative learning in a secondary school.]]></description>
		</item>
		<item>
		<title>Review: Does enterprise risk management enhance firm performance?</title>
		<link>https://broadleaf.com.au/review-does-enterprise-risk-management-enhance-firm-performance/</link>
		<pubDate>Wed, 25 Feb 2026 06:00:30 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Enterprise risk management]]></category>
		<category><![CDATA[ERM]]></category>
		<category><![CDATA[Firm performance]]></category>
		<category><![CDATA[Firm value]]></category>
		<category><![CDATA[Review]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=98074</guid>
		<description><![CDATA[We have just completed a substantial review of literature relating to enterprise risk management (ERM) and how it influences firm performance and value. It examined 212 papers, covering financial and non-financial firms across many jurisdictions and cultures. Of the 285 findings, 194 (68%) showed a positive relationship between ERM and firm performance, with only 13 findings (4.5%), from 11 papers, showing a negative relationship. The full review is available.]]></description>
		</item>
		<item>
		<title>New edition of IEC 62198 Managing risk in projects – Application guidelines</title>
		<link>https://broadleaf.com.au/new-edition-of-iec-62198-managing-risk-in-projects-application-guidelines/</link>
		<pubDate>Thu, 26 Jun 2025 07:00:46 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Project risk management and IEC 62198]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=98015</guid>
		<description><![CDATA[The International Electrotechnical Commission (IEC) has announced the publication of the third edition of IEC 62198:2025 'Managing risk in projects – Application guidelines' Ed3. Broadleaf was involved closely in its development.]]></description>
		</item>
		<item>
		<title>Dr Dale Cooper: Foreword to Dr David Hillson&#8217;s &#8216;Managing Risk in Projects&#8217;, 2nd edition</title>
		<link>https://broadleaf.com.au/dr-dale-cooper-foreword-to-dr-david-hillsons-managing-risk-in-projects-2nd-edition/</link>
		<pubDate>Thu, 27 Jun 2024 06:00:09 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[David Hillson]]></category>
		<category><![CDATA[Project risk]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=97864</guid>
		<description><![CDATA[On 9 July 2024, Routledge published the second edition of *Managing Risk in Projects*, written by our friend and business collaborator Dr David Hillson, also known as The Risk Doctor. Dr Dale Cooper, Director of Broadleaf, was pleased to write the Foreward for the new edition.]]></description>
		</item>
		<item>
		<title>Where we have worked</title>
		<link>https://broadleaf.com.au/where-we-have-worked/</link>
		<pubDate>Fri, 22 Dec 2023 01:00:02 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Countries]]></category>
		<category><![CDATA[International experience]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=93220</guid>
		<description><![CDATA[We are sometimes asked if we are really an international company. Here is a quick summary: we have worked on the ground in 41 countries; we have worked with companies and on projects located in 56 countries; and members of our team worked in another 12 countries before they joined Broadleaf.
]]></description>
		</item>
		<item>
		<title>Dr Dale Cooper honoured to receive the Risk Engineer Achievement Award 2023</title>
		<link>https://broadleaf.com.au/dr-dale-cooper-honoured-to-receive-the-risk-engineer-achievement-award-2023/</link>
		<pubDate>Tue, 12 Sep 2023 08:28:32 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Acres]]></category>
		<category><![CDATA[Arctic Pilot Project]]></category>
		<category><![CDATA[Chris Chapman]]></category>
		<category><![CDATA[Controlled interval and memory]]></category>
		<category><![CDATA[Hatch]]></category>
		<category><![CDATA[LNG]]></category>
		<category><![CDATA[Melville Island]]></category>
		<category><![CDATA[Operational Research Society]]></category>
		<category><![CDATA[President's Medal]]></category>
		<category><![CDATA[RISK 2023]]></category>
		<category><![CDATA[Risk Engineer Achievement Award]]></category>
		<category><![CDATA[Risk Engineering Society]]></category>
		<category><![CDATA[semi-Markov process]]></category>
		<category><![CDATA[University of Southampton]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=97794</guid>
		<description><![CDATA[Dr Dale Cooper was honoured to receive the Risk Engineer Achievement Award 2023, presented at the biennial Risk Engineering Society Conference, RISK 2023, held in Brisbane on 7-8 September 2023. In accepting the award, Dale Cooper reflected on how he started in risk engineering and described two lessons from his early work that are relevant today. He also provided three personal tips for those who are starting out in the profession (but are relevant for all risk engineers): learn from one another; never be afraid to ask very basic questions; and be inquisitive. An extended version of Dale Cooper's acceptance speech at the Conference dinner is contained in the full post.]]></description>
		</item>
		<item>
		<title>Quantitative risk analysis and project governance: Risk Engineering Society Conference, RISK 2023</title>
		<link>https://broadleaf.com.au/quantitative-risk-analysis-and-project-governance-risk-engineering-society-conference-risk-2023/</link>
		<pubDate>Thu, 07 Sep 2023 06:30:27 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=97773</guid>
		<description><![CDATA[Dr Dale Cooper spoke at the Risk Engineering Society Conference, RISK 2023, held in Brisbane Meanjin on 7-8 September 2023. His presentation summarised the role of quantitative analysis of uncertainty in governance and decision making in large projects.]]></description>
		</item>
		<item>
		<title>Dr Dale Cooper nominated for Risk Engineer Achievement Award 2023</title>
		<link>https://broadleaf.com.au/dr-dale-cooper-nominated-for-risk-engineer-achievement-award-2023/</link>
		<pubDate>Thu, 03 Aug 2023 06:05:29 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Engineers Australia]]></category>
		<category><![CDATA[Risk Engineer Achievement Award]]></category>
		<category><![CDATA[Risk Engineering Society]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=97754</guid>
		<description><![CDATA[Dr Dale Cooper is honoured to be nominated for an Engineers Australia People Award, in the category Risk Engineer Achievement Award. The award will be presented to the successful finalist at the biennial Risk Engineering Society Conference, RISK 2023, to be held in Brisbane on 7-8 September 2023.]]></description>
		</item>
		<item>
		<title>2nd edition of Dr David Hillson&#8217;s &#8216;The Risk Management Handbook&#8217; published</title>
		<link>https://broadleaf.com.au/2nd-edition-of-dr-david-hillsons-the-risk-management-handbook-published/</link>
		<pubDate>Thu, 03 Aug 2023 04:51:14 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[David Hillson]]></category>
		<category><![CDATA[Portfolio risk]]></category>
		<category><![CDATA[Program risk]]></category>
		<category><![CDATA[Programme and Portfolio Risk Management]]></category>
		<category><![CDATA[Programme risk]]></category>
		<category><![CDATA[Project]]></category>
		<category><![CDATA[Project risk management and IEC 62198]]></category>
		<category><![CDATA[Risk Doctor]]></category>
		<category><![CDATA[Risk Management Handbook]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=97745</guid>
		<description><![CDATA[Dr Dale Cooper contributed Chapter 8, 'Project, Programme and Portfolio Risk Management' to the second edition of 'The Risk Management Handbook', edited by our friend and collaborator Dr David Hillson, also known as the Risk Doctor. The new edition has now been published! Find more details about the book, and how you can obtain a 20% discount on the list price.]]></description>
		</item>
		<item>
		<title>Dr Dale Cooper: Updated chapter in Dr David Hillson&#8217;s &#8216;The Risk Management Handbook&#8217; 2nd edition</title>
		<link>https://broadleaf.com.au/dr-dale-cooper-updated-chapter-in-dr-david-hillsons-the-risk-management-handbook-2nd-edition/</link>
		<pubDate>Mon, 29 May 2023 00:45:32 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[David Hillson]]></category>
		<category><![CDATA[Portfolio risk]]></category>
		<category><![CDATA[Program risk]]></category>
		<category><![CDATA[Programme and Portfolio Risk Management]]></category>
		<category><![CDATA[Programme risk]]></category>
		<category><![CDATA[Project]]></category>
		<category><![CDATA[Project risk management and IEC 62198]]></category>
		<category><![CDATA[Risk Doctor]]></category>
		<category><![CDATA[Risk Management Handbook]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=97677</guid>
		<description><![CDATA[Dr Dale Cooper has contributed an updated chapter to the second edition of Dr David Hillson's book, *The Risk Management Handbook*. The chapter is titled *Project, programme and portfolio risk management*. Broadleaf subscribers can obtain a 20% discount when they buy the book from Kogan Page.]]></description>
		</item>
		<item>
		<title>Does risk management add value? RMIA Conference 2023</title>
		<link>https://broadleaf.com.au/does-risk-management-add-value-rmia-conference-2023/</link>
		<pubDate>Wed, 10 May 2023 02:00:41 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=97652</guid>
		<description><![CDATA[Dr Dale Cooper was invited to speak at the Risk Management Institute of Australasia (RMIA) Conference in Adelaide Tarntanya on 8-10 May 2023. He outlined the evidence that good enterprise risk management (ERM) contributes to better organisational performance, and that good project risk management contributes to better project outcomes. An extended version of his presentation, with additional slides and references, is available.]]></description>
		</item>
		<item>
		<title>Implications of climate change for an agriculture agency</title>
		<link>https://broadleaf.com.au/implications-of-climate-change-for-an-agriculture-agency/</link>
		<pubDate>Fri, 31 Mar 2023 21:00:50 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=97628</guid>
		<description><![CDATA[The agency is a government department charged with supporting agriculture as well as regulation, disaster planning and recovery. The agency wanted to identify threats and opportunities associated with climate change to help it develop strategic and business plans. A qualitative risk assessment was undertaken in two stages. This case study illustrates the use of iterative analysis to cope with the complexity of climate change scenarios.]]></description>
		</item>
		<item>
		<title>Supporting property development decisions</title>
		<link>https://broadleaf.com.au/supporting-property-development-decisions/</link>
		<pubDate>Tue, 28 Feb 2023 21:00:22 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=97614</guid>
		<description><![CDATA[This case study outlines how a property development company analysed uncertainty as an input to a Board decision. It discusses practical ways to simplify the structure of property development models to include uncertainty estimates in a reasonable way, to overcome problems associated with the inherent complexity of many of them. It also notes the importance of setting workshop agendas to make it easy for senior executives to participate.]]></description>
		</item>
		<item>
		<title>Case study: Comparing bidders’ construction schedules</title>
		<link>https://broadleaf.com.au/case-study-comparing-bidders-construction-schedules/</link>
		<pubDate>Sat, 31 Dec 2022 21:00:29 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=97578</guid>
		<description><![CDATA[This short case study describes a simple, straightforward analysis of uncertainty in the proposed schedules for a port expansion submitted by bidders tendering for the work. It goes on to explain how the quantitative analysis contributed to the bid evaluation process.]]></description>
		</item>
		<item>
		<title>Identifying failure modes in an oil refinery process unit</title>
		<link>https://broadleaf.com.au/identifying-failure-modes-in-an-oil-refinery-process-unit/</link>
		<pubDate>Mon, 05 Dec 2022 05:01:18 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=97562</guid>
		<description><![CDATA[Alkylation increases the high-octane outputs of an oil refinery to enhance the value of gasoline products. Alkylation reactions are catalysed by strong acids, hydrofluoric acid (HF) in this case. The dual hazards of flammable hydrocarbons and HF mean ensuring safety is more challenging in HF Alkylation units than in a refinery in general. We used Failure Modes, Effects and Criticality Analysis (FMECA) to help a refinery identify hazardous failure modes in its HF alkylation unit and agree priorities for attention.]]></description>
		</item>
		<item>
		<title>Embedding risk management at the top</title>
		<link>https://broadleaf.com.au/embedding-risk-management-at-the-top/</link>
		<pubDate>Tue, 31 May 2022 21:00:41 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=97512</guid>
		<description><![CDATA[The purpose of risk management is to create and protect value by helping us achieve better business outcomes. It should be part of our day-to-day activities. When it is integrated closely into the way we manage our business, it helps us be more effective and efficient, make better decisions, capture opportunities and avoid unpleasant surprises. This short tutorial describes how we can embed risk management at the executive level, to lead its wider adoption in our operations.]]></description>
		</item>
		<item>
		<title>Adapting governance for complex projects</title>
		<link>https://broadleaf.com.au/adapting-governance-for-complex-projects/</link>
		<pubDate>Mon, 28 Mar 2022 04:30:17 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=97502</guid>
		<description><![CDATA[Sound governance is a critical component of reliable project success. As complexity is becoming an increasingly prominent feature of project selection and implementation, it is useful to pay attention to the interaction between governance and complexity in projects. This paper offers insights into methods for dealing with governance in complex projects. This is not a primer on complexity or strategies for dealing with it in general; rather it points readers towards interesting concepts and areas so they can develop their own ideas.]]></description>
		</item>
		<item>
		<title>Managing uncertainty in a wastewater project</title>
		<link>https://broadleaf.com.au/managing-uncertainty-in-a-wastewater-project/</link>
		<pubDate>Tue, 01 Mar 2022 04:00:08 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=97488</guid>
		<description><![CDATA[This case study concerns a sewerage upgrade project in its pre-feasibility phase. It outlines a simple qualitative risk assessment for the project, the development of treatment actions, and an initial evaluation of commercial and pricing options. The case draws lessons about the value of risk management for procurement, and some of the pitfalls of residual risk calculations.]]></description>
		</item>
		<item>
		<title>Climate change strategy for a pharmaceutical company</title>
		<link>https://broadleaf.com.au/climate-change-strategy-for-a-pharmaceutical-company/</link>
		<pubDate>Tue, 30 Nov 2021 21:00:38 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=97467</guid>
		<description><![CDATA[This case study describes a review of climate-related risks with an international pharmaceutical company that had sophisticated frameworks for governance, risk management and corporate social responsibility (CSG). It outlines how the approach was adjusted to take account of the focus on medium- and long-term effects of climate change and climate policy, the sophistication of the client team, previous risk assessments, and the need to generate an understanding of climate-related uncertainties to support strategic decisions.]]></description>
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		<item>
		<title>Reliable power for a remote mine</title>
		<link>https://broadleaf.com.au/reliable-power-for-a-remote-mine/</link>
		<pubDate>Sun, 31 Oct 2021 21:00:08 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=97457</guid>
		<description><![CDATA[Broadleaf was engaged to facilitate a workshop to examine the risks related to the reliability of power supply to a mine. The mine generated its own power that supplied its facility as well as surrounding communities. A planned mine expansion meant that the power supply to the plant needed to be upgraded and its reliability improved. This case discusses the importance of tailoring the criteria for risk assessment, using several forms of analysis to set priorities, and the need for a broad perspective.]]></description>
		</item>
		<item>
		<title>Bridge operations on a commuter road</title>
		<link>https://broadleaf.com.au/bridge-operations-on-a-commuter-road/</link>
		<pubDate>Thu, 30 Sep 2021 21:00:30 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=97403</guid>
		<description><![CDATA[This case study outlines a risk assessment and treatment options for enhancing the reliability of an opening bridge on a commuter road, augmented by aspects of failure modes and effects analysis (FMEA). The case discusses the importance of site familiarisation, setting workshop agendas carefully, adapting the risk management process to enhance its effectiveness, using a flexible approach to setting priorities for management attention, and the value of templates for efficiency, effectiveness and due diligence.]]></description>
		</item>
		<item>
		<title>New tutorial on monitoring risks and controls</title>
		<link>https://broadleaf.com.au/new-tutorial-on-monitoring-risks-and-controls/</link>
		<pubDate>Sat, 21 Aug 2021 00:00:17 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=97423</guid>
		<description><![CDATA[Monitoring is an important process in most organisations. It is critical for the effectiveness of risk management and control assurance. Risk owners monitor the business environment and indicators associated with the causes of risks to help ensure their perspectives of and assumptions about the risks for which they are responsible remain valid. Control owners, and assurance providers at Line 2 and Line 3 of the three lines of assurance, monitor indicators of control effectiveness, particularly for critical controls.]]></description>
		</item>
		<item>
		<title>The colour of hydrogen</title>
		<link>https://broadleaf.com.au/the-colour-of-hydrogen/</link>
		<pubDate>Sat, 31 Jul 2021 21:00:30 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=97437</guid>
		<description><![CDATA[As the planet confronts global warming, hydrogen will become an increasingly important energy source, affecting many sectors in which Broadleaf works. Hydrogen is important because it can be environmentally friendly: it can be produced from renewables and, whether used for combustion or in fuel cells, its primary by-product is water, rather than the carbon dioxide that is generated by burning hydrocarbons. Hydrogen is described in different ways, according to the energy sources and feedstocks used to produce it and the kinds of by-products that are generated. This tutorial summarises the colour descriptions attributed to specific forms of hydrogen production and outlines some of the associated technologies.]]></description>
		</item>
		<item>
		<title>Our work with local government</title>
		<link>https://broadleaf.com.au/our-work-with-local-government/</link>
		<pubDate>Tue, 06 Jul 2021 00:36:52 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=97419</guid>
		<description><![CDATA[We have had several enquires recently from local government organisations, for whom we have undertaken a range of assignments over many years. Our activities have covered most aspects of risk management, including enterprise risk management (ERM) and qualitative and quantitative risk assessments. We have prepared a new summary, with links to related work with utilities and climate change.]]></description>
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		<item>
		<title>Correlation in quantitative risk analysis</title>
		<link>https://broadleaf.com.au/correlation-in-quantitative-risk-analysis/</link>
		<pubDate>Wed, 30 Jun 2021 21:00:13 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=97390</guid>
		<description><![CDATA[Uncertain quantities can be correlated by a dependence on a common source of variation. Modelling these correlations in quantitative risk analysis must be done with great care. Ignoring correlation in quantitative models can generate outcomes that are wrong, sometimes significantly so, and that have the potential to mislead the users of those models. This tutorial note examines correlation, and practical methods of incorporating it in quantitative risk analysis models.]]></description>
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		<title>Options for a pharmaceutical dispensary</title>
		<link>https://broadleaf.com.au/options-for-a-pharmaceutical-dispensary/</link>
		<pubDate>Mon, 31 May 2021 21:00:32 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=97329</guid>
		<description><![CDATA[A pharmaceutical company required a new dispensary at an existing manufacturing facility, to comply with evolving regulations while at the same time improving quality and efficiency in dispensing. This case outlines how a structured process was used to evaluate options for the dispensary, where the raw material for prescription and other medications are prepared for manufacturing. The focus on company objectives and criteria helped to achieve consensus among internal stakeholders with slightly different requirements and priorities.]]></description>
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		<title>Extreme project schedule over run</title>
		<link>https://broadleaf.com.au/extreme-project-schedule-over-run/</link>
		<pubDate>Fri, 30 Apr 2021 21:00:50 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=97353</guid>
		<description><![CDATA[There is often a sense that project schedule risk distributions fail to exhibit the long right-hand tails that experience suggests should show up in a realistic assessment of schedule risk. This extended tutorial demonstrates quantitatively that unexpected extensions of time might arise not from unforeseen risks or understated risks, nor from a bias towards optimism or over-confidence, but through a systematic interaction between the risks that are taken into account by conventional schedule risk modelling and firefighting behaviour stimulated by schedule slippage.]]></description>
		</item>
		<item>
		<title>Land use near a major hazard facility</title>
		<link>https://broadleaf.com.au/land-use-near-a-major-hazard-facility/</link>
		<pubDate>Wed, 31 Mar 2021 21:00:00 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=97342</guid>
		<description><![CDATA[When a proposal to build an aged care facility was received by a local council, a nearby major hazard facility lodged an objection to it. The council asked Broadleaf to investigate whether or not the objection was justified, and to be an expert witness in a formal public hearing. Our expertise in land use safety planning and regulatory requirements was useful in this process. In particular, we were able to guide the council to ask the right questions of the owner of the refinery to achieve a satisfactory planning outcome.]]></description>
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		<title>Cost uncertainty in a cable-laying contract</title>
		<link>https://broadleaf.com.au/cost-uncertainty-in-a-cable-laying-contract/</link>
		<pubDate>Sun, 28 Feb 2021 21:00:05 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=97249</guid>
		<description><![CDATA[This case study describes a quantitative risk analysis undertaken with a construction company that was preparing a bid to design and construct fibre optic broadband infrastructure in a regional area. The purpose of the analysis was to understand the uncertainty in the initial cost estimate for the activity, and to contribute to the company’s decisions about whether to bid and at what price. The case demonstrates the role of quantitative analysis of uncertainty as part of a contractor’s bid development process.]]></description>
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		<title>Strategic program to expand a portfolio of health products</title>
		<link>https://broadleaf.com.au/strategic-program-to-expand-a-portfolio-of-health-products/</link>
		<pubDate>Sun, 31 Jan 2021 21:00:30 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=97316</guid>
		<description><![CDATA[This case describes how an international pharmaceutical company used risk management to examine a significant long-term strategic agreement with another organisation in a complementary medical sector, for the purpose of developing improvement actions to enhance its success. The case discusses how the process was planned and conducted, and how the company’s enterprise risk management processes were tailored for the specific strategic and implementation decisions that were involved. It also discusses how the company made sense of the large amount of information generated in a series of risk-related workshops, to develop a practical and manageable set of improvement plans.]]></description>
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		<title>Optimising a public policy decision</title>
		<link>https://broadleaf.com.au/optimising-a-public-policy-decision/</link>
		<pubDate>Thu, 31 Dec 2020 21:00:38 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=97230</guid>
		<description><![CDATA[Public policy decision-making often involves choosing between policy options that are each subject to uncertainty. Individual uncertainties might be relatively well understood but it can be difficult to assess the combined effect of multiple uncertainties affecting both costs and benefits. This case study describes the use of Monte Carlo simulation to model the aggregate effect of multiple uncertainties associated with policy options for dealing with a potential animal health pandemic. The purpose was to assist policy makers to optimise their decisions in the context of tight political deadlines.]]></description>
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		<title>Breaking decision paralysis</title>
		<link>https://broadleaf.com.au/breaking-decision-paralysis/</link>
		<pubDate>Mon, 30 Nov 2020 21:00:02 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=96486</guid>
		<description><![CDATA[A client wished to increase the ventilation capacity of an underground mine to allow the working area to be expanded. A prefeasibility study had become bogged down with disagreements about major design criteria and trade-offs. Broadleaf was engaged to facilitate a quantitative risk assessment of the initial plans. The process exposed the important decisions that had to be settled before a firm plan could be developed. This helped to break the deadlock so the study could proceed.]]></description>
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		<title>COVID Safe music education and performance</title>
		<link>https://broadleaf.com.au/covid-safe-music-education-and-performance/</link>
		<pubDate>Sat, 07 Nov 2020 00:55:42 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Adelaide Youth Orchestras]]></category>
		<category><![CDATA[Coronavirus]]></category>
		<category><![CDATA[COVID-19]]></category>
		<category><![CDATA[Melbourne Youth Orchestras]]></category>
		<category><![CDATA[Music education]]></category>
		<category><![CDATA[Pandemic]]></category>
		<category><![CDATA[Queensland Youth Orchestras]]></category>
		<category><![CDATA[Sydney Youth Orchestras]]></category>
		<category><![CDATA[Tasmanian Youth Orchestra]]></category>
		<category><![CDATA[Vulnerability analysis]]></category>
		<category><![CDATA[Youth orchestra]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=97265</guid>
		<description><![CDATA[Throughout the world education has been disrupted by the COVID-19 pandemic. This is especially so with music education where, either singly or in ensembles, children and young adults learn how to master their instruments and play together in orchestras and bands. This is a particularly challenging environment for infection control, as it is difficult to require social distancing and mask wearing for groups of young people from different families and different schools. Particularly for wind instruments, where masks can’t be worn, the aerosol particles produced by an infected musician can carry viruses for a considerable distance. 
Grant Purdy has worked with Melbourne Youth Orchestras (MYO) for many years. This year he has helped them develop a strategy to continue to rehearse and explore music safely.]]></description>
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		<title>Pre-bid risks for a large construction contract</title>
		<link>https://broadleaf.com.au/pre-bid-risks-for-a-large-construction-contract/</link>
		<pubDate>Sat, 31 Oct 2020 21:00:17 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=96247</guid>
		<description><![CDATA[This case shows how qualitative and quantitative assessments of uncertainty were used when preparing a response to a large, complex request for tender. The aim was to assist the bidders to understand the risks they would face and the implications for their businesses if their tender were accepted, and to develop a realistic view of the budget and contingency they would need. This helped them to develop a negotiating strategy, and to set an appropriate bid price.]]></description>
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		<title>Fire safety for a gas drainage plant</title>
		<link>https://broadleaf.com.au/fire-safety-for-a-gas-drainage-plant/</link>
		<pubDate>Wed, 30 Sep 2020 21:00:31 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=96265</guid>
		<description><![CDATA[This case describes an investigation into the fire safety requirements of a plant processing methane-rich waste gas from nearby mines. It demonstrates the value of tailoring the fire safety advice for the circumstances. In this case, instead of a detailed quantitative assessment of all possible fire scenarios, a comprehensive qualitative review of the fire scenarios and the general principles for their management was undertaken.]]></description>
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		<title>Replacing a high-voltage power line</title>
		<link>https://broadleaf.com.au/replacing-a-high-voltage-power-line/</link>
		<pubDate>Mon, 31 Aug 2020 21:00:06 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=94799</guid>
		<description><![CDATA[This case study examines a quantitative risk analysis of the capital costs of a high-voltage power enhancement project. It illustrates the value of integrating quantitative analysis into project workflows, and how the outcomes from the analysis can assist in allocating contingencies to cost items for project cost control. It also demonstrates that the assumptions about the shapes of the distributions used in quantitative analyses may not always be important in terms of their impacts on the outcomes from the analysis.]]></description>
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		<title>Security upgrade</title>
		<link>https://broadleaf.com.au/security-upgrade/</link>
		<pubDate>Wed, 12 Aug 2020 01:22:08 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=97219</guid>
		<description><![CDATA[As part of our routine web site maintenance, we have upgraded the Secure Sockets Layer (SSL) certificate on our site. This ensures communications between your browser and our web server are encrypted.]]></description>
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		<title>Identifying and addressing fraud in procurement</title>
		<link>https://broadleaf.com.au/identifying-and-addressing-fraud-in-procurement/</link>
		<pubDate>Fri, 31 Jul 2020 21:00:57 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=93598</guid>
		<description><![CDATA[This case study outlines risk management activities associated with potential fraud and corruption in the procurement function of a public-sector entity. The aim was to identify and determine the priority of risks associated with fraud and corruption, and to ensure that appropriate controls were in place or identified for future treatment. While this case is set in the context of a government agency, most of the lessons are relevant to any organisation.]]></description>
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		<title>Upgrading control systems in an oilfield</title>
		<link>https://broadleaf.com.au/upgrading-control-systems-in-an-oilfield/</link>
		<pubDate>Tue, 30 Jun 2020 21:00:35 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=93781</guid>
		<description><![CDATA[This case describes a risk assessment associated with a technical program to upgrade equipment and control systems across a major oilfield. It demonstrates the relationships between program, project and headline risks, and the value of generic key elements for structuring risk management activities. It also notes that a program risk assessment may help to identify and focus attention on improvements to broader aspects of organizational performance, far beyond the program that initiated the discussion.]]></description>
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		<title>Options for mine ventilation</title>
		<link>https://broadleaf.com.au/options-for-mine-ventilation/</link>
		<pubDate>Sun, 31 May 2020 21:00:13 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=96004</guid>
		<description><![CDATA[This case describes a fast, high-level review of mine ventilation options. It used Kepner Tregoe analysis to focus on the ability of the options to achieve project goals, providing clarity and a sound rationale for management decisions. If straightforward approaches are sufficient, then there is no need to over-complicate the process or invest effort in greater detail.]]></description>
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		<title>Gas-fired power station cost and schedule uncertainty</title>
		<link>https://broadleaf.com.au/gas-fired-power-station-cost-and-schedule-uncertainty/</link>
		<pubDate>Thu, 30 Apr 2020 21:00:35 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=94546</guid>
		<description><![CDATA[This case study outlines a quantitative analysis of the contingency required to address cost and schedule uncertainty associated with building a new gas-fired power station. The project was well into the delivery phase, when attention had shifted from planning and forecasting the work to day-to-day execution. The analysis was a means of reviewing whether the established cost and schedule targets remained realistic. It drew the team’s attention away from immediate pressures to identify areas where additional effort and attention were needed to ensure longer-term success. Among other things, the case demonstrates the importance of addressing schedule uncertainty when estimating the capital costs of a project.]]></description>
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		<title>Broadleaf and the coronavirus crisis</title>
		<link>https://broadleaf.com.au/broadleaf-and-the-coronavirus-crisis/</link>
		<pubDate>Mon, 30 Mar 2020 04:00:04 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Coronavirus]]></category>
		<category><![CDATA[COVID-19]]></category>
		<category><![CDATA[Epidemic]]></category>
		<category><![CDATA[Pandemic]]></category>
		<category><![CDATA[SARS-CoV-2]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=95917</guid>
		<description><![CDATA[Broadleaf is still at work! The Broadleaf team works from home offices, so we are facing little internal disruption to our work from the current coronavirus crisis. We remain available by telephone and email, but we’ve adjusted our face-to-face interactions with our friends and clients. We have adapted our ways of working to fit in with the new business environment in which we must all operate.
]]></description>
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		<title>Coronavirus and related case studies</title>
		<link>https://broadleaf.com.au/coronavirus-and-related-case-studies/</link>
		<pubDate>Sun, 29 Mar 2020 00:00:29 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Coronavirus]]></category>
		<category><![CDATA[COVID-19]]></category>
		<category><![CDATA[Pandemic]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=95852</guid>
		<description><![CDATA[We have added two topical case studies to our web site. The first case describes how a simple yet rapid vulnerability analysis helped the management team of a university residential college to develop a comprehensive protection strategy when confronted by an evolving coronavirus threat. The second case describes work we conducted some years ago to develop a suite of spatial models of epidemic and pandemic influenza, aimed at helping policy makers explore a range of scenarios and interventions for the control of an outbreak.]]></description>
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		<title>Developing a scientific instrument</title>
		<link>https://broadleaf.com.au/developing-a-scientific-instrument/</link>
		<pubDate>Sat, 29 Feb 2020 21:00:20 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=93739</guid>
		<description><![CDATA[This case outlines qualitative and quantitative analyses of the uncertainty associated with a high-profile project to develop a scientific instrument. The case demonstrates the value of qualitative and quantitative analyses when they are conducted at an early phase of a project.]]></description>
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		<title>Range analysis – summary of good practice</title>
		<link>https://broadleaf.com.au/range-analysis-summary-of-good-practice/</link>
		<pubDate>Fri, 31 Jan 2020 21:00:59 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=95152</guid>
		<description><![CDATA[This tutorial is drawn from Broadleaf’s long experience with project range analysis, also referred to as quantitative risk analysis or probabilistic risk analysis. It describes some key lessons about project range analysis, and what constitutes good practice. The material covers the analysis of both costs and schedules; the same principles apply to both.]]></description>
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		<title>Providing water for a mine</title>
		<link>https://broadleaf.com.au/providing-water-for-a-mine/</link>
		<pubDate>Tue, 31 Dec 2019 21:00:06 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=94693</guid>
		<description><![CDATA[There has been discussion recently about the importance of water in mining activities, including the impact of mining on water sources, the associated effects on approvals for new mines, and the implications for mine water management. In this case study, a preliminary hazard and operability (HAZOP) study of a mine expansion project identified potentially major risks associated with a large water pipeline near a village. A simple scenario-based risk assessment, conducted quickly by a small team, generated a range of improvement options for pipeline design and construction. Simple approaches can generate excellent results when used appropriately. It is important not to short-cut the risk management process by eliminating any of the steps, but the steps themselves can be tailored according to the project’s scope and need.]]></description>
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		<title>Climate change in a rural shire</title>
		<link>https://broadleaf.com.au/climate-change-in-a-rural-shire/</link>
		<pubDate>Sat, 30 Nov 2019 21:00:36 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=94551</guid>
		<description><![CDATA[There has been a lot of discussion about climate change recently, so we've prepared a relevant case study from our archives. It outlines a risk assessment that examined the effects of climate change on a rural shire in Australia. The case demonstrates the use of climate scenarios, and risk assessment over short-term, medium-term and long-term time horizons. It uses an extended risk analysis template as a continuing record of important supporting information for justifying treatment responses, some of which may relate to risks with impacts only in the far distant future but that require action in the short term to avert problems or to build resilience.]]></description>
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		<title>Upgrading refineries for clean fuels</title>
		<link>https://broadleaf.com.au/upgrading-refineries-for-clean-fuels/</link>
		<pubDate>Thu, 31 Oct 2019 21:00:48 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=93438</guid>
		<description><![CDATA[This case illustrates the value of qualitative and quantitative risk analyses in refinery upgrades that had to be completed within the strict time constraints imposed by tight shutdown windows. Schedule impacts drove the qualitative assessment, and a quantitative analysis of uncertainty associated with the schedule was completed. Several forms of sensitivity analysis were used to highlight where additional project effort might be worthwhile.]]></description>
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		<title>Tailoring risk assessment for a port expansion project</title>
		<link>https://broadleaf.com.au/tailoring-risk-assessment-for-a-port-expansion-project/</link>
		<pubDate>Mon, 30 Sep 2019 21:00:29 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=93210</guid>
		<description><![CDATA[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.]]></description>
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		<title>Review of shift resourcing</title>
		<link>https://broadleaf.com.au/review-of-shift-resourcing/</link>
		<pubDate>Sat, 31 Aug 2019 21:00:52 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=92959</guid>
		<description><![CDATA[This case concerns the effects of reducing the number of personnel allocated to each shift at three industrial plants. The reduction was proposed in response to cost savings imposed on the wider business by the need to remain competitive. Detailed preparation and close stakeholder involvement were important factors in developing useful outcomes.]]></description>
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		<title>Concept-stage assessment of new technology in locomotives</title>
		<link>https://broadleaf.com.au/concept-stage-assessment-of-new-technology-in-locomotives/</link>
		<pubDate>Wed, 31 Jul 2019 21:00:59 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=28685</guid>
		<description><![CDATA[A rail operator was investigating options for improved locomotive fuel management, one of which included programmable logic controllers (PLCs). While the proposed PLC technology had a widely installed industrial base, none had been fitted to the company’s locomotives at the time of this study and local industry knowledge of applications like this was limited. We conducted a risk assessment of the new technology at an early stage of the design, ensuring stakeholders’ concerns were captured and acceptance for the technology was gained before the company made a major investment in production. ]]></description>
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		<title>Tutorial on learning lessons and root cause analysis</title>
		<link>https://broadleaf.com.au/tutorial-on-learning-lessons-and-root-cause-analysis/</link>
		<pubDate>Sun, 30 Jun 2019 21:00:42 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=58581</guid>
		<description><![CDATA[Organisations use root cause analysis to learn lessons from both successes and failures, and then to develop plans that will improve performance. Broadleaf's new 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.]]></description>
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		<title>New book: Chris Chapman, Enlightened Planning</title>
		<link>https://broadleaf.com.au/new-book-chris-chapman-enlightened-planning/</link>
		<pubDate>Thu, 27 Jun 2019 01:29:34 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=91469</guid>
		<description><![CDATA[My good friend and former colleague at the University of Southampton, Professor Emeritus Chris Chapman, has written a new book, 'Enlightened Planning', published by Routledge on 10 July 2019. I was delighted to accept the invitation from Chris to write an endorsement for his book. Dale Cooper]]></description>
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		<title>Supporting option choice and project approval decisions</title>
		<link>https://broadleaf.com.au/supporting-option-choice-and-project-approval-decisions/</link>
		<pubDate>Fri, 31 May 2019 21:00:50 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=31588</guid>
		<description><![CDATA[This case study describes risk assessment activities to support a large capital project in the mining sector, first to assist in selecting a technology option and later as an input to the Board’s decision on granting formal project sanction and Notice to Proceed. It demonstrates the value of comparative risk assessment, a staged approach to setting priorities for addressing uncertainty, and the role of risk management in supporting project decisions.]]></description>
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		<title>New book: David Hillson, Capturing Upside Risk: Finding and Managing Opportunities in Projects</title>
		<link>https://broadleaf.com.au/new-book-david-hillson-capturing-upside-risk-finding-and-managing-opportunities-in-projects/</link>
		<pubDate>Mon, 27 May 2019 22:13:50 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=87691</guid>
		<description><![CDATA[Our friend and business collaborator, Dr David Hillson, also known as The Risk Doctor, has written a new book, 'Capturing Upside Risk: Finding and Managing Opportunities in Projects', published by Routledge on 1 August 2019. Dr Dale Cooper, Director of Broadleaf, was pleased to write the Foreword for David's book.]]></description>
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		<title>Tutorial on bow tie analysis</title>
		<link>https://broadleaf.com.au/tutorial-on-bow-tie-analysis/</link>
		<pubDate>Tue, 30 Apr 2019 21:00:14 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=58591</guid>
		<description><![CDATA[Broadleaf's new tutorial describes bow tie analysis. This is a simple process for identifying where new or enhanced controls may be worthwhile. It is a core part of risk treatment planning, particularly where there is a high level of risk or where control effectiveness is assessed as low.]]></description>
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		<title>Keynote presentation at the AURIMS Conference 2019</title>
		<link>https://broadleaf.com.au/keynote-presentation-at-the-aurims-conference-2019/</link>
		<pubDate>Fri, 05 Apr 2019 00:00:09 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=56004</guid>
		<description><![CDATA[Dr Dale Cooper was invited to make a keynote presentation to the annual conference of AURIMS, the Australian Universities Risk and Insurance Management Society, held in Melbourne on 3-5 April 2019. The theme of the conference was 'The Future of Universities: Adapting to Change, Innovation and Disruption'. The topic of the presentation was 'Big risks in the tertiary sector'. A copy of the presentation is available.]]></description>
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		<title>Quantitative risk-based analysis of options</title>
		<link>https://broadleaf.com.au/quantitative-risk-based-analysis-of-options/</link>
		<pubDate>Sun, 31 Mar 2019 21:00:11 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=27454</guid>
		<description><![CDATA[This case study describes a range analysis of the cost of two options for the acquisition and implementation of an asset management and maintenance system for a utility business, under an agile delivery approach. It demonstrates a straightforward quantitative approach to comparing options that generated far more insight than could be obtained from a simple comparison of the initial quotes from software vendors.]]></description>
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		<title>Tutorial on establishing a controls program</title>
		<link>https://broadleaf.com.au/tutorial-on-establishing-a-controls-program/</link>
		<pubDate>Fri, 01 Mar 2019 00:30:44 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=45183</guid>
		<description><![CDATA[Broadleaf is developing a series of tutorials on aspects of controls, control design and control assurance. The first three were published in December; the fourth is in preparation; we hope to make it available next month. The fifth tutorial, published this month, discusses how to develop an assurance program.]]></description>
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		<title>Technical note: Process and guidewords for organisational HAZOPs</title>
		<link>https://broadleaf.com.au/technical-note-process-and-guidewords-for-organisational-hazops/</link>
		<pubDate>Thu, 14 Feb 2019 21:00:27 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=40231</guid>
		<description><![CDATA[When organisations change their structures, there is great value in stress-testing the proposed new arrangements to ensure they will work as intended, and will not generate unintended adverse outcomes. Organisational HAZOPs provide one way of doing this. Our new technical note outlines the process we use for organisational HAZOPs and the guidewords we recommend for such studies. It complements a related tutorial on procedural HAZOP we published a few months ago.]]></description>
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		<title>Showing that effective risk management adds value</title>
		<link>https://broadleaf.com.au/showing-that-effective-risk-management-adds-value/</link>
		<pubDate>Mon, 11 Feb 2019 09:00:31 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=39614</guid>
		<description><![CDATA[We have been advising large businesses and government entities on enterprise risk management (ERM) for many years. Managers often ask us to justify why they should invest in ERM and how they can demonstrate its value in measurable terms. This guidance note distils some of the empirical evidence on the benefits an organisation should expect from an effective ERM framework and process.]]></description>
		</item>
		<item>
		<title>Due diligence for a strategic acquisition</title>
		<link>https://broadleaf.com.au/due-diligence-for-a-strategic-acquisition/</link>
		<pubDate>Thu, 31 Jan 2019 21:00:19 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=33324</guid>
		<description><![CDATA[This case describes Broadleaf’s assistance to an international oil company in assessing the opportunities and threats associated with the acquisition of a significant stake in a business in a developing country. The purpose was to contribute to the company’s due diligence, submissions and approvals process. There was a specific objective of generating input for an imminent meeting of the Executive Committee.]]></description>
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		<item>
		<title>Broadleaf tutorials on controls: first instalment</title>
		<link>https://broadleaf.com.au/broadleaf-tutorials-on-controls-first-instalment/</link>
		<pubDate>Thu, 20 Dec 2018 05:03:34 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=13417</guid>
		<description><![CDATA[Broadleaf is developing a series of tutorials on aspects of controls, control design and control assurance. The first three are published this month. The fourth and fifth are in preparation; we hope to make them available in early 2019.]]></description>
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		<item>
		<title>Options for addressing nonconforming imported products and materials</title>
		<link>https://broadleaf.com.au/options-for-addressing-nonconforming-imported-products-and-materials/</link>
		<pubDate>Mon, 17 Dec 2018 21:47:07 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=12583</guid>
		<description><![CDATA[This case describes how options were developed for addressing the root causes of nonconforming imported products and materials. It is an extension of an earlier case study that described the associated root cause analysis. The case highlights the uses of bow tie analysis, and the value of preparation and stakeholder engagement.]]></description>
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		<item>
		<title>Technical note: Process and guidewords for procedural HAZOPs</title>
		<link>https://broadleaf.com.au/technical-note-process-and-guidewords-for-procedural-hazops/</link>
		<pubDate>Fri, 23 Nov 2018 07:15:39 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=8202</guid>
		<description><![CDATA[When organisations develop new processes or procedures or revise existing ones, there is great value in stress-testing the proposed new arrangements to ensure they will work as intended, and will not generate unintended adverse consequences. Procedural HAZOPs provide one way of doing this. Our new technical note outlines the process we use for procedural HAZOPs and the guidewords we recommend for such studies.]]></description>
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		<item>
		<title>Extending an airport runway</title>
		<link>https://broadleaf.com.au/extending-an-airport-runway/</link>
		<pubDate>Wed, 31 Oct 2018 21:00:43 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=3477</guid>
		<description><![CDATA[We conducted a risk assessment for an extension to the runway of an international airport. Features of the assessment were the involvement of key stakeholders in the process, including important funding agencies, and sufficient time for probing discussions. With the help of effective facilitation, this gave the stakeholders confidence that nothing important had been overlooked.]]></description>
		</item>
		<item>
		<title>Wardley maps and strategic planning</title>
		<link>https://broadleaf.com.au/wardley-maps-and-strategic-planning/</link>
		<pubDate>Wed, 24 Oct 2018 10:01:59 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=5660</guid>
		<description><![CDATA[The Melbourne Business Agility Meetup explored Wardley Maps, where they might be useful and the challenges associated with putting them into practice.]]></description>
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		<item>
		<title>Software integration for ship chartering</title>
		<link>https://broadleaf.com.au/software-integration-for-ship-chartering/</link>
		<pubDate>Sun, 30 Sep 2018 21:00:13 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=3440</guid>
		<description><![CDATA[This case describes a business risk analysis and planning exercise for a ship chartering company (CharterCo) and its in-house IT team to consider the Cargo Plus Project. It describes a relatively simple process that clarified everyone’s understanding of the project and its objectives, identified key risks, and helped the project team set priorities for the next phases of the work.]]></description>
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		<item>
		<title>Big risks in the tertiary sector</title>
		<link>https://broadleaf.com.au/big-risks-in-the-tertiary-sector/</link>
		<pubDate>Thu, 06 Sep 2018 05:03:24 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Scenario]]></category>
		<category><![CDATA[Unimutual]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=3508</guid>
		<description><![CDATA[Dr Dale Cooper was invited to make a presentation on *Big risks in the tertiary sector* at the Unimutual annual conference in Sydney on 5-7 September. Unimutual is a mutual insurer, established in 1989 to provide protections unavailable from commercial insurance at the time for members affiliated with tertiary education. The presentation discusses what 'big risks' are, and scenario-based approaches for identifying them.]]></description>
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		<item>
		<title>Delivering a new payroll system</title>
		<link>https://broadleaf.com.au/delivering-a-new-payroll-system/</link>
		<pubDate>Fri, 31 Aug 2018 21:00:07 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=3362</guid>
		<description><![CDATA[Broadleaf conducted a review of the implementation program for payroll systems in a group of six related service-delivery networks. Simple Excel structures were used to model the schedule and the uncertainty associated with it. The outcomes provided a structure for activity and manpower planning, as well as a basis for liaison and coordination between the implementation company and the networks.]]></description>
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		<item>
		<title>Nonconforming imported products and materials</title>
		<link>https://broadleaf.com.au/nonconforming-imported-products-and-materials/</link>
		<pubDate>Mon, 23 Jul 2018 02:00:45 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=3419</guid>
		<description><![CDATA[This case describes a root cause analysis of nonconforming imported products and materials, to identify the potential underlying or root causes for nonconformance, with a focus on what happens in the international supply chain. The case highlights the uses of root cause analysis, and the value of preparation and stakeholder engagement.]]></description>
		</item>
		<item>
		<title>Business and operations risks in a biotech start-up</title>
		<link>https://broadleaf.com.au/business-and-operations-risks-in-a-biotech-start-up/</link>
		<pubDate>Sat, 30 Jun 2018 21:00:40 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=3358</guid>
		<description><![CDATA[We facilitated a risk assessment for a small biotechnology start-up company, using an expanded risk analysis process. The outcomes allowed the company to set priorities for dealing with the risks it faced, improving controls and implementing assurance activities. Significantly, half of the most important risks had beneficial consequences.]]></description>
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		<item>
		<title>Schedule uncertainty in linear developments</title>
		<link>https://broadleaf.com.au/schedule-uncertainty-in-linear-developments/</link>
		<pubDate>Thu, 28 Jun 2018 21:00:39 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=3353</guid>
		<description><![CDATA[Linear developments such as pipe or cable laying, road or rail building, or tunnelling, present challenges not found in other forms of construction. Analysis of the risk to their schedules may require a different approach from that used for the analysis of general construction projects. In some situations, existing schedule modelling tools lack the means to represent the particular features of linear developments. However, these can be addressed, with appropriate expertise, using two modelling tools and exchanging information between them.]]></description>
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		<item>
		<title>Climate change and its effects on a food production business</title>
		<link>https://broadleaf.com.au/climate-change-and-its-effects-on-a-food-production-business/</link>
		<pubDate>Thu, 31 May 2018 21:00:07 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=3344</guid>
		<description><![CDATA[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.]]></description>
		</item>
		<item>
		<title>Broadleaf newsletter</title>
		<link>https://broadleaf.com.au/broadleaf-newsletter/</link>
		<pubDate>Wed, 30 May 2018 21:00:45 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=3338</guid>
		<description><![CDATA[As noted in the previous newsletter, we have had some technical problems with our RSS feed that we're still trying to fix. We have a short-term solution, but it will involve one extra click to access new case study and resource material. Please bear with us until we have a long-term solution in place.]]></description>
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		<item>
		<title>Modelling schedule uncertainty in a tunnel development</title>
		<link>https://broadleaf.com.au/modelling-schedule-uncertainty-in-a-tunnel-development/</link>
		<pubDate>Wed, 09 May 2018 21:00:37 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=3349</guid>
		<description><![CDATA[Tunnelling presents challenges not found in other forms of construction. Analysis of uncertainty in tunnelling schedules may require a different approach from that used for the analysis of a process plant construction, for instance. In some situations, existing schedule modelling tools lack the means to represent particular features of tunnelling developments. However, these can be addressed, with appropriate expertise, using two modelling tools and exchanging information between them.]]></description>
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		<item>
		<title>Broadleaf newsletter for April 2018</title>
		<link>https://broadleaf.com.au/broadleaf-newsletter-for-april-2018/</link>
		<pubDate>Mon, 30 Apr 2018 06:36:24 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=3143</guid>
		<description><![CDATA[We hate receiving lots of emails, so we only send the Broadleaf newsletter once per month, and then only if there has been a change to our web site. However, we do try to generate a case study or some interesting resource material every month, so you should expect to receive the newsletter regularly. You may have noticed that there was no newsletter in April. That was due to a technical problem with our RSS feed, so there will be several new items available in May.]]></description>
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		<item>
		<title>Headline risks</title>
		<link>https://broadleaf.com.au/headline-risks/</link>
		<pubDate>Wed, 06 Dec 2017 03:58:33 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Headline risk]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=2734</guid>
		<description><![CDATA[A condensed version of Dr Dale Cooper's resource paper 'Headline risks: seeing the big picture' was published in the November issue of Risk Management Today, volume 27, number 9, page 140, 2017.]]></description>
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		<item>
		<title>RiskNZ Conference, August 2017</title>
		<link>https://broadleaf.com.au/risknz-conference-august-2017/</link>
		<pubDate>Wed, 07 Jun 2017 02:07:51 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Conference]]></category>
		<category><![CDATA[Enterprise risk management]]></category>
		<category><![CDATA[ERM]]></category>
		<category><![CDATA[Governance]]></category>
		<category><![CDATA[New Zrealand Society for Risk Management]]></category>
		<category><![CDATA[RiskNZ]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=2559</guid>
		<description><![CDATA[RiskNZ, formerly the New Zealand Society for Risk Management, will be holding its conference in Wellington NZ on 17-18 August 2017. The conference title is Repositioning Risk Management. Dr Dale Cooper will be presenting a keynote address on 'Governance, leadership and enterprise risk management' on 17 August, and chairing a conference wrap-up session on 18 August.]]></description>
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		<title>Department of Infrastructure and Regional Development probabilistic contingency estimation guidelines</title>
		<link>https://broadleaf.com.au/department-of-infrastructure-and-regional-development-probabilistic-contingency-estimation-guidelines/</link>
		<pubDate>Tue, 06 Jun 2017 03:06:05 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Contingency analysis]]></category>
		<category><![CDATA[Cost range analysis]]></category>
		<category><![CDATA[Cost risk analysis]]></category>
		<category><![CDATA[Department of Infrastructure and Regional Development]]></category>
		<category><![CDATA[DIRD]]></category>
		<category><![CDATA[Probabilistic Contingency Estimation]]></category>
		<category><![CDATA[Quantitative analysis]]></category>
		<category><![CDATA[Range analysis]]></category>
		<category><![CDATA[Risk modelling]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=2553</guid>
		<description><![CDATA[Broadleaf was engaged by the Department of Infrastructure and Regional Development to help draft Probabilistic Contingency Estimation guidelines. These have now been issued for comment.]]></description>
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		<item>
		<title>Complex systems methods and ICT projects</title>
		<link>https://broadleaf.com.au/complex-systems-methods-and-ict-projects/</link>
		<pubDate>Mon, 22 May 2017 00:38:14 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Complexity]]></category>
		<category><![CDATA[Cynefin]]></category>
		<category><![CDATA[Governance]]></category>
		<category><![CDATA[Public sector]]></category>
		<category><![CDATA[Stakeholder engagement]]></category>
		<category><![CDATA[Strategic planning]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=2518</guid>
		<description><![CDATA[Stephen Grey presented an introduction to complex systems and ICT projects at an event in Melbourne in May 2017 entitled 'Agile Thinking: Public Sector Perspectives'. The presentation material can be downloaded (see full post).]]></description>
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		<item>
		<title>Complexity methods to support design</title>
		<link>https://broadleaf.com.au/complexity-methods-to-support-design/</link>
		<pubDate>Wed, 26 Oct 2016 05:05:20 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Complexity]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=2411</guid>
		<description><![CDATA[Stephen Grey addressed the Designing Health conference, held on 24-25 October 2016 in Adelaide, on supporting system and service design using methods developed to work with complex systems. His talk focused on narrative based methods and the use of SenseMaker(TM) to enable large scale, geographically dispersed and longitudinal exercises.]]></description>
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		<title>Complexity and design</title>
		<link>https://broadleaf.com.au/complexity-and-design/</link>
		<pubDate>Sun, 04 Sep 2016 06:31:00 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Complexity]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=2394</guid>
		<description><![CDATA[An article by Stephen Grey on the value of complex systems methods for public sector program design was published in The Mandarin on the 1st of September 2016.]]></description>
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		<item>
		<title>Complexity and risk</title>
		<link>https://broadleaf.com.au/complexity-and-risk/</link>
		<pubDate>Thu, 30 Jun 2016 03:33:21 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Complexity]]></category>
		<category><![CDATA[Cynefin]]></category>
		<category><![CDATA[PMI]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=2333</guid>
		<description><![CDATA[We assume complexity means risk and a combination of scale and complexity is sometimes used as an indicator of project uncertainty.  Complexity, scale and risk are bound together in the way we think. It may be, though, that the risk associated with complex projects is not just due to complexity itself but also the way we choose to deal with it.]]></description>
		</item>
		<item>
		<title>Olympic Games archive</title>
		<link>https://broadleaf.com.au/olympic-games-archive/</link>
		<pubDate>Mon, 20 Jun 2016 08:30:17 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Cycling]]></category>
		<category><![CDATA[Olympic Games]]></category>
		<category><![CDATA[Sydney 2000 Olympic Games]]></category>
		<category><![CDATA[Velodrome]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=2314</guid>
		<description><![CDATA[With the 2016 Olympic Games in Rio de Janeiro just over a month away, we have been into our archives to extract a short case study relating to the Sydney 2000 Olympic Games.]]></description>
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		<title>Dr Dale Cooper: Chapter in Hillson, &#8216;The Risk Management Handbook&#8217;</title>
		<link>https://broadleaf.com.au/dr-dale-cooper-chapter-in-hillson-the-risk-management-handbook/</link>
		<pubDate>Tue, 24 May 2016 23:44:25 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[David Hillson]]></category>
		<category><![CDATA[Portfolio risk]]></category>
		<category><![CDATA[Program risk]]></category>
		<category><![CDATA[Programme and Portfolio Risk Management]]></category>
		<category><![CDATA[Programme risk]]></category>
		<category><![CDATA[Project]]></category>
		<category><![CDATA[Project risk management and IEC 62198]]></category>
		<category><![CDATA[Risk Doctor]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=2239</guid>
		<description><![CDATA[Dr Dale Cooper has contributed Chapter 5 to Dr David Hillson's new book, 'The Risk Management Handbook'. The chapter is titled 'Project, programme and portfolio risk management'. Broadleaf subscribers can obtain a 20% discount when they buy the book from Kogan Page.]]></description>
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		<title>Dr Dale Cooper at RISK 2016</title>
		<link>https://broadleaf.com.au/dr-dale-cooper-at-risk-2016/</link>
		<pubDate>Mon, 23 May 2016 01:43:07 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Contingency analysis]]></category>
		<category><![CDATA[Cost range analysis]]></category>
		<category><![CDATA[Cost risk analysis]]></category>
		<category><![CDATA[Engineers Australia]]></category>
		<category><![CDATA[QRA]]></category>
		<category><![CDATA[Quantitative analysis]]></category>
		<category><![CDATA[Range analysis]]></category>
		<category><![CDATA[RISK 2016]]></category>
		<category><![CDATA[Risk Engineering Society]]></category>
		<category><![CDATA[Risk modelling]]></category>
		<category><![CDATA[Schedule range analysis]]></category>
		<category><![CDATA[Schedule risk]]></category>
		<category><![CDATA[Schedule risk analysis]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=2199</guid>
		<description><![CDATA[Quantitative analysis: about right or precisely wrong. Dr Dale Cooper spoke on this topic at RISK 2016, a conference organised by the Risk Engineering Society and Engineers Australia in Sydney on 18-20 May 2016.]]></description>
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		<title>PMI Australia Conference &#8211; Adelaide 2016 (PMIAC 2016)</title>
		<link>https://broadleaf.com.au/pmi-australia-conference-adelaide-2016-pmiac-2016/</link>
		<pubDate>Sat, 30 Apr 2016 04:35:46 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Complex project management]]></category>
		<category><![CDATA[Complexity]]></category>
		<category><![CDATA[Project Management Institute]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=2174</guid>
		<description><![CDATA[Stephen Grey will be speaking at this conference on risk, complexity and how they interact in projects.  ]]></description>
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		<title>Book review: Grant Avery, Project Management, Denial and the Death Zone</title>
		<link>https://broadleaf.com.au/book-review-grant-avery-project-management-denial-and-the-death-zone/</link>
		<pubDate>Wed, 30 Mar 2016 20:53:37 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Antarctica]]></category>
		<category><![CDATA[CORA triangle]]></category>
		<category><![CDATA[Everest]]></category>
		<category><![CDATA[Grant Avery]]></category>
		<category><![CDATA[Narcissism]]></category>
		<category><![CDATA[Risk appetite]]></category>
		<category><![CDATA[Risk homeostasis]]></category>
		<category><![CDATA[Scott Base]]></category>
		<category><![CDATA[Sir Ranulph Fiennes]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=2158</guid>
		<description><![CDATA[This book review by Dr Dale Cooper of Grant Avery: 'Project Management, Denial and the Death Zone: Lessons from Everest and Antarctica' (with a foreword by Sir Ranulph Fiennes), was published in RiskPost, the newsletter of RiskNZ (formerly the New Zealand Society for Risk Management), in March 2016. Grant Avery's fascinating book makes interesting and entertaining reading, as well as providing insights into aspects of managing risk in projects that we rarely think about in depth.]]></description>
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		<title>Broadleaf&#8217;s peer review activities</title>
		<link>https://broadleaf.com.au/broadleafs-peer-review-activities/</link>
		<pubDate>Wed, 03 Feb 2016 03:20:09 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Due diligence]]></category>
		<category><![CDATA[Independent peer review]]></category>
		<category><![CDATA[Independent review]]></category>
		<category><![CDATA[Model risk]]></category>
		<category><![CDATA[Peer review]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=2127</guid>
		<description><![CDATA[We have undertaken high-level independent reviews for important projects. These include qualitative and quantitative risk assessments and value improvement activities undertaken by other professional organisations and in-house teams. Drawing on decades of experience in this field, we have examined the design of the processes used, the information sources they draw upon, the implementation of the processes and the interpretation of their outputs.]]></description>
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		<title>Broadleaf&#8217;s work with port authorities and port users</title>
		<link>https://broadleaf.com.au/broadleafs-work-with-port-authorities-and-port-users/</link>
		<pubDate>Sat, 30 Jan 2016 00:21:22 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[BHP Billiton]]></category>
		<category><![CDATA[Dalrymple Bay]]></category>
		<category><![CDATA[Defence]]></category>
		<category><![CDATA[Downer EDi]]></category>
		<category><![CDATA[Gladstone Ports]]></category>
		<category><![CDATA[Maritime NZ]]></category>
		<category><![CDATA[Port Kembla Coal Terminal]]></category>
		<category><![CDATA[Port of Melbourne]]></category>
		<category><![CDATA[Ports]]></category>
		<category><![CDATA[Sydney Ports]]></category>
		<category><![CDATA[Victoria Department of Transport]]></category>
		<category><![CDATA[Xstrata Coal]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=2114</guid>
		<description><![CDATA[We have worked with port authorities and port users on aspects of port assets and operations for many years. An updated summary of our work has been published on our web site.]]></description>
		</item>
		<item>
		<title>Business and project risk management review</title>
		<link>https://broadleaf.com.au/business-and-project-risk-management-review/</link>
		<pubDate>Thu, 14 Jan 2016 00:08:01 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Aerospace]]></category>
		<category><![CDATA[Defence]]></category>
		<category><![CDATA[Enterprise risk management and ISO 31000]]></category>
		<category><![CDATA[ERM]]></category>
		<category><![CDATA[Governance]]></category>
		<category><![CDATA[High technology]]></category>
		<category><![CDATA[Integration]]></category>
		<category><![CDATA[Project risk management and IEC 62198]]></category>
		<category><![CDATA[Risk management framework]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=2094</guid>
		<description><![CDATA[Broadleaf assisted a major professional service business, operating across defence, aerospace and other high technology sectors, to assess its existing risk management practices and identify opportunities to enhance them.]]></description>
		</item>
		<item>
		<title>Broadleaf&#8217;s work with roads and highways</title>
		<link>https://broadleaf.com.au/broadleafs-work-with-roads-and-highways/</link>
		<pubDate>Tue, 22 Dec 2015 04:04:23 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Abu Dhabi Department of Transport]]></category>
		<category><![CDATA[Barclay Mowlem]]></category>
		<category><![CDATA[Baulderstone]]></category>
		<category><![CDATA[Department of Infrastructure and Regional Development]]></category>
		<category><![CDATA[GHD]]></category>
		<category><![CDATA[Hills Motorway]]></category>
		<category><![CDATA[John Holland]]></category>
		<category><![CDATA[Leighton]]></category>
		<category><![CDATA[Roads and Traffic Authority]]></category>
		<category><![CDATA[Telstra]]></category>
		<category><![CDATA[Thiess]]></category>
		<category><![CDATA[Transport SA]]></category>
		<category><![CDATA[Transurban]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=2069</guid>
		<description><![CDATA[Broadleaf has worked for many years on projects involving roads, highways and associated infrastructure, including bridges and tunnels, for owners (usually Government agencies), contractors and alliances between public and private sector organisations.]]></description>
		</item>
		<item>
		<title>Dr Dale Cooper presents to the NSW Planning Assessment Commission</title>
		<link>https://broadleaf.com.au/dr-dale-cooper-presents-to-the-nsw-planning-assessment-commission/</link>
		<pubDate>Wed, 09 Dec 2015 04:53:02 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Cataract Reservoir]]></category>
		<category><![CDATA[Coal]]></category>
		<category><![CDATA[Mining]]></category>
		<category><![CDATA[NSW Planning Assessment Commission]]></category>
		<category><![CDATA[Russell Vale Colliery]]></category>
		<category><![CDATA[Underground Expansion Project]]></category>
		<category><![CDATA[Wollongong Coal]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=2031</guid>
		<description><![CDATA[Broadleaf facilitated an integrated risk assessment for the Underground Expansion Project at Wollongong Coal's Russell Vale Colliery, a requirement for planning approval. The assessment focussed on risks that might affect the quantity of water in Cataract Reservoir, the quality of the water flowing into the Reservoir and the ecological health of upland swamps and creeks. The assessment was reviewed by an Independent Risk Assessment Panel and the regulators. Our report was presented to the NSW Planning Assessment Commission (PAC).

On 8 December 2015, Dr Dale Cooper summarised the risk assessment process and outcomes at a PAC public hearing in Wollongong.]]></description>
		</item>
		<item>
		<title>Dr Dale Cooper is now a Fellow of FINSIA</title>
		<link>https://broadleaf.com.au/dr-dale-cooper-is-now-a-fellow-of-finsia/</link>
		<pubDate>Wed, 21 Oct 2015 05:50:01 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Financial Services Institute of Australasia]]></category>
		<category><![CDATA[FINSIA]]></category>
		<category><![CDATA[Securities Institute of Australia]]></category>
		<category><![CDATA[SIA]]></category>
		<category><![CDATA[Standards Australia]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=1982</guid>
		<description><![CDATA[The Financial Services Institute of Australasia (FINSIA) has upgraded Dr Dale Cooper's membership status to Fellow.]]></description>
		</item>
		<item>
		<title>Podcast on project risk modelling</title>
		<link>https://broadleaf.com.au/podcast-on-project-risk-modelling/</link>
		<pubDate>Sat, 17 Oct 2015 21:37:50 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Contingency analysis]]></category>
		<category><![CDATA[Cost range analysis]]></category>
		<category><![CDATA[Cost risk analysis]]></category>
		<category><![CDATA[Decision making]]></category>
		<category><![CDATA[Quantitative analysis]]></category>
		<category><![CDATA[Risk modelling]]></category>
		<category><![CDATA[Schedule risk analysis]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=1965</guid>
		<description><![CDATA[Stephen Grey was interviewed for the Project Controls Podcast series a while ago and the result is now available online at http://projectcontrolspodcast.com/blogs/news/48529025-episode-7-creating-value-from-uncertainty-with-dr-stephen-grey 
]]></description>
		</item>
		<item>
		<title>Free webinar on managing risk management performance</title>
		<link>https://broadleaf.com.au/free-webinar-on-managing-risk-management-performance/</link>
		<pubDate>Thu, 27 Aug 2015 04:31:39 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Enterprise risk management and ISO 31000]]></category>
		<category><![CDATA[ERM]]></category>
		<category><![CDATA[Risk management framework]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=1919</guid>
		<description><![CDATA[Broadleaf in association with Cura will be providing a series of free webinars on risk management matters of interest. The first of these will occur on Friday September 4 and will discuss how organisations can improve their approach to managing risk using conventional performance management techniques.

]]></description>
		</item>
		<item>
		<title>Foundations of risk management &#8211; new video course</title>
		<link>https://broadleaf.com.au/foundations-of-risk-management-new-video-course/</link>
		<pubDate>Wed, 19 Aug 2015 02:54:28 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=1908</guid>
		<description><![CDATA[Based on our experience over many years as to the minimum knowledge and skills people need to manage risk effectively in any organisation we have created a series of ten, short videos that are intended to explain the foundations for modern-day risk management.  Initially we have prepared three modules and will be issuing others on a monthly basis.]]></description>
		</item>
		<item>
		<title>Liability risk assessment for a major IT services contract</title>
		<link>https://broadleaf.com.au/liability-risk-assessment-for-a-major-it-services-contract/</link>
		<pubDate>Sat, 11 Jul 2015 14:24:16 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Contract liability]]></category>
		<category><![CDATA[Contracts]]></category>
		<category><![CDATA[Procurement]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=1891</guid>
		<description><![CDATA[Broadleaf recently completed a contract liability risk assessment for a major IT service delivery for a Commonwealth agency. This was to help the procurement team arrive at an appropriate limit or cap on commercial liabilities to be included in the contract. Setting an appropriate limit avoids the imposition of an unreasonably large cap (or even unlimited liability) on the supplier, an approach that leads to unnecessary increases in the contract price.]]></description>
		</item>
		<item>
		<title>Concessional loan risk assessment</title>
		<link>https://broadleaf.com.au/concessional-loan-risk-assessment/</link>
		<pubDate>Wed, 01 Jul 2015 10:04:00 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Loan]]></category>
		<category><![CDATA[Project risk management and IEC 62198]]></category>
		<category><![CDATA[Public sector]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=1889</guid>
		<description><![CDATA[Broadleaf carried out a risk assessment of a concessional loan offered by the Commonwealth Government. The risk assessment examined the administration and financial performance of the loan. It confirmed the existing controls were well designed and reasonable in the circumstances as well as helping to establish priorities for assurance of the controls during the term of the loan. ]]></description>
		</item>
		<item>
		<title>New book: World Class Risk Management</title>
		<link>https://broadleaf.com.au/world-class-risk-management/</link>
		<pubDate>Mon, 29 Jun 2015 06:59:57 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Enterprise risk management and ISO 31000]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=1868</guid>
		<description><![CDATA[Norman Marks, a well known writer and thinker on risk management has recently published a new book on World Class Risk Management.

Grant Purdy was asked by Norman to review the book as it as written and also to provide a forward.

Broadleaf is delighted to be associated with this book. Norman has used his considerable experience in business to explain risk and its management from first principles, to challenge some of the logically inconsistent, complex and self-serving concepts that currently bedevil the practice and the profession. 
]]></description>
		</item>
		<item>
		<title>From Bolt-on to Built-in</title>
		<link>https://broadleaf.com.au/from-bolt-on-to-built-in/</link>
		<pubDate>Fri, 08 May 2015 22:51:52 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Decision making]]></category>
		<category><![CDATA[Enterprise risk management and ISO 31000]]></category>
		<category><![CDATA[From Bolt-on to Built-in]]></category>
		<category><![CDATA[IFAC]]></category>
		<category><![CDATA[Integration]]></category>
		<category><![CDATA[International Federation of Accountants]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=1845</guid>
		<description><![CDATA[Grant Purdy has worked for a number of years with the International Federation of Accountants (IFAC) helping them with guidance on risk management.  Grant made a substantial contribution to the thought paper 'Bolt-on to Built-in' that has just been published by IFAC. 

The paper makes the point that risk management should never be implemented in isolation; it should always be fully integrated into the organization’s overall system of management. This system should include the organization’s processes for good governance, including those for strategy and planning and making decisions in general. The paper includes a useful model for integration.]]></description>
		</item>
		<item>
		<title>Cloud based services</title>
		<link>https://broadleaf.com.au/cloud-based-services/</link>
		<pubDate>Fri, 08 May 2015 01:10:33 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Cloud based services]]></category>
		<category><![CDATA[Contracts]]></category>
		<category><![CDATA[Procurement]]></category>
		<category><![CDATA[Public sector]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=1832</guid>
		<description><![CDATA[Following a presentation and discussion held on 29th April 2015 at the offices of DLA Piper, participants from the Victorian Public Service (VPS) were asked to comment on how the emergence of cloud based services has affected them. This note describes their responses.]]></description>
		</item>
		<item>
		<title>Is project management really rocket science?</title>
		<link>https://broadleaf.com.au/is-project-management-really-rocket-science/</link>
		<pubDate>Mon, 23 Mar 2015 23:05:51 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Complex systems]]></category>
		<category><![CDATA[Project risk management and IEC 62198]]></category>
		<category><![CDATA[Rocket science]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=1806</guid>
		<description><![CDATA[Despite its mysterious aura, rocket science is manageable. Given sufficient time and resources, a team
of experts can engineer a rocket motor to meet a specified requirement or to establish that it is not feasible. Project management is not rocket science, but it can be just as complicated and it is frequently more complex,
which is quite a different matter.]]></description>
		</item>
		<item>
		<title>Procuring cloud based services</title>
		<link>https://broadleaf.com.au/procuring-cloud-based-services/</link>
		<pubDate>Fri, 06 Mar 2015 11:35:50 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Cloud based services]]></category>
		<category><![CDATA[Contracts]]></category>
		<category><![CDATA[Liability]]></category>
		<category><![CDATA[Procurement]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=1778</guid>
		<description><![CDATA[Stephen Grey will be speaking at a discussion on procuring cloud-based services hosted by Landell, DLA Piper, and Broadleaf. 
<br>
Date:    Wednesday, 29 April 2015
Time:   8:45am-12:00 (lunch to be served after 12:00)
Venue: DLA Piper, Level 21, 140 William Street, Melbourne, Vic 3000]]></description>
		</item>
		<item>
		<title>Enterprise risk management in World Vision</title>
		<link>https://broadleaf.com.au/enterprise-risk-management-in-world-vision/</link>
		<pubDate>Thu, 05 Mar 2015 21:00:11 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Assurance]]></category>
		<category><![CDATA[Enterprise risk management and ISO 31000]]></category>
		<category><![CDATA[Internal audit]]></category>
		<category><![CDATA[Strategic planning]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=1783</guid>
		<description><![CDATA[World Vision International (WVI) is refreshing its approach to enterprise risk management, building on solid foundations in many parts of its business. Dr Dale Cooper facilitated an intensive two-day training workshop in Bangkok on 3-4 March 2015, tailored for WVI, to form the basis for an internal discussion on how WVI could enhance its practice of risk management.]]></description>
		</item>
		<item>
		<title>Practical support for effective risk management</title>
		<link>https://broadleaf.com.au/practical-support-for-effective-risk-management/</link>
		<pubDate>Wed, 07 Jan 2015 03:54:17 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Enterprise risk management and ISO 31000]]></category>
		<category><![CDATA[Governance]]></category>
		<category><![CDATA[Project risk management and IEC 62198]]></category>
		<category><![CDATA[Risk management framework]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=1702</guid>
		<description><![CDATA[So often it seems, papers and articles about risk management are not written in plain language so that everyone can understand what is required and how they can improve their own approaches. However, Broadleaf has a different view. We try explain concepts from first principles, using simple language and then give proven, practical solutions based on our many years of experience.  In addition to written materials our website now offers video presentations that cover the concept of risk, governance reporting under ASX Principle 7, project risk modelling and the debunking of many myths prevalent in risk management.]]></description>
		</item>
		<item>
		<title>RiskNZ Conference, Wellington, October 2014</title>
		<link>https://broadleaf.com.au/risknz-conference-wellington-october-2014/</link>
		<pubDate>Sat, 08 Nov 2014 10:06:33 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Decision making]]></category>
		<category><![CDATA[Enterprise risk management and ISO 31000]]></category>
		<category><![CDATA[ERM]]></category>
		<category><![CDATA[Risk management framework]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=1524</guid>
		<description><![CDATA[Grant Purdy recently delivered a key note speech at the RiskNZ Conference. He spoke on Hearing over the Cacophony and challenged the value of the ever-expanding multitude of artefacts, encumbrances, concocted expressions and three letter acronyms that obscure the core concepts for managing risk and clog up current risk management practice.]]></description>
		</item>
		<item>
		<title>Broadleaf working with VCAT (Victorian Civil and Administrative Tribunal)</title>
		<link>https://broadleaf.com.au/broadleaf-working-with-vcat-victorian-civil-and-administrative-tribunal/</link>
		<pubDate>Fri, 24 Oct 2014 03:44:55 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Enterprise risk management and ISO 31000]]></category>
		<category><![CDATA[Risk assessment]]></category>
		<category><![CDATA[Risk treatment]]></category>
		<category><![CDATA[Stakeholder engagement]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=1517</guid>
		<description><![CDATA[Broadleaf was engaged to review and update VCAT's organisational risk management process. Personnel were engaged in a comprehensive risk assessment focused around three workshops: establishing the context, risk assessment and treatment planning. This was integrated with VCAT's strategic planning process and changes arising from the transition to the newly established Courts Services Victoria administration.]]></description>
		</item>
		<item>
		<title>Broadleaf and Landell launch Risk Management for Government course</title>
		<link>https://broadleaf.com.au/broadleaf-and-landell-launch-risk-management-for-government-course/</link>
		<pubDate>Mon, 06 Oct 2014 23:51:13 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Risk management framework]]></category>
		<category><![CDATA[Training]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=1477</guid>
		<description><![CDATA[In conjunction with Landell, Broadleaf will be delivering a public risk management course in Melbourne on 20 November 2014.  The course is aimed at Government officials who need a good understanding of risk management to undertake their duties.]]></description>
		</item>
		<item>
		<title>Broadleaf Capital International Scholarship for 2015</title>
		<link>https://broadleaf.com.au/broadleaf-capital-international-scholarship-for-2015/</link>
		<pubDate>Mon, 22 Sep 2014 00:53:15 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[AGSM]]></category>
		<category><![CDATA[Australian Graduate School of Management]]></category>
		<category><![CDATA[Broadleaf Capital International Scholarship]]></category>
		<category><![CDATA[UNSW]]></category>
		<category><![CDATA[UNSW Business School]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=1438</guid>
		<description><![CDATA[Broadleaf supports a scholarship for a full-time MBA student at the Australian Graduate School of Management. Applications for the Broadleaf Capital International Scholarship for 2015 are now open.]]></description>
		</item>
		<item>
		<title>Institute of Chartered Accountants of India, Australian Chapter</title>
		<link>https://broadleaf.com.au/institute-of-chartered-accountants-of-india-australian-chapter/</link>
		<pubDate>Fri, 19 Sep 2014 08:12:37 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Assurance]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[Institute of Chartered Accountants of India]]></category>
		<category><![CDATA[Internal audit]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=1429</guid>
		<description><![CDATA[Dale Cooper attended the 3rd International Conference of the Australian Chapter of the Institute of Charted Accountants of India on 19 September 2014]]></description>
		</item>
		<item>
		<title>Broadleaf presents at PMI Australia&#8217;s conference</title>
		<link>https://broadleaf.com.au/broadleaf-presents-at-pmi-australias-conference/</link>
		<pubDate>Fri, 12 Sep 2014 05:01:17 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Enterprise risk management and ISO 31000]]></category>
		<category><![CDATA[Project Management Institute]]></category>
		<category><![CDATA[Project risk management and IEC 62198]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=1380</guid>
		<description><![CDATA[Grant Purdy and Steve Grey both presented at this week's Project Management Institute conference.  They also both participated in the risk management roundtable.  Both Grant and Steve emphasised that approaches used to manage risk within projects should be straightforward and consistent with the project management process to be fully relevant and useful. ]]></description>
		</item>
		<item>
		<title>New material added to our web site</title>
		<link>https://broadleaf.com.au/new-material-added-to-our-web-site/</link>
		<pubDate>Thu, 04 Sep 2014 08:26:29 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
		
		<guid isPermaLink="false">https://broadleaf.com.au/?p=1335</guid>
		<description><![CDATA[Since our last newsletter we have added a great deal of new material to our web site. Here is a summary, with links directly to the new pages.]]></description>
		</item>
		<item>
		<title>Complying with the new ASX Principle 7</title>
		<link>https://broadleaf.com.au/complying-with-the-new-asx-principle-7/</link>
		<pubDate>Thu, 04 Sep 2014 07:12:56 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Assurance]]></category>
		<category><![CDATA[ASX Principle 7]]></category>
		<category><![CDATA[corporate governance]]></category>
		<category><![CDATA[Enterprise risk management and ISO 31000]]></category>
		<category><![CDATA[ERM]]></category>
		<category><![CDATA[Governance]]></category>
		<category><![CDATA[Reporting]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=1290</guid>
		<description><![CDATA[The third version of the ASX Corporate Governance Principles and Recommendations contains significantly revised requirements for the demonstration and assurance of effective risk management. Grant Purdy recently led two breakfast seminars that discussed and provided advice on how listed companies can comply with the new requirements.]]></description>
		</item>
		<item>
		<title>Development of a risk-focussed business plan</title>
		<link>https://broadleaf.com.au/development-of-a-risk-focussed-business-plan/</link>
		<pubDate>Thu, 04 Sep 2014 05:54:47 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Business planning]]></category>
		<category><![CDATA[Enterprise risk management and ISO 31000]]></category>
		<category><![CDATA[Governance]]></category>
		<category><![CDATA[Integration]]></category>
		<category><![CDATA[Strategic planning]]></category>
		<category><![CDATA[Stress testing]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=1283</guid>
		<description><![CDATA[Grant Purdy recently facilitated the stress testing of a draft strategic plan and the development of business plan actions for a major South American mining contractor.]]></description>
		</item>
		<item>
		<title>Palisade Regional Risk Conference, Sydney</title>
		<link>https://broadleaf.com.au/palisade-regional-risk-conference-sydney/</link>
		<pubDate>Thu, 21 Aug 2014 10:00:29 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Cost range analysis]]></category>
		<category><![CDATA[Cost risk analysis]]></category>
		<category><![CDATA[Quantitative analysis]]></category>
		<category><![CDATA[Range analysis]]></category>
		<category><![CDATA[Schedule risk analysis]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=1250</guid>
		<description><![CDATA[Dale Cooper attended the Palisade Regional Risk Conference in Sydney on 21 August 2014]]></description>
		</item>
		<item>
		<title>PMI Australia Conference (Sep 2014)</title>
		<link>https://broadleaf.com.au/pmi-australia-conference-sep-2014/</link>
		<pubDate>Sat, 16 Aug 2014 05:39:15 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Project Management Institute]]></category>
		<category><![CDATA[Project risk management and IEC 62198]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=1245</guid>
		<description><![CDATA[Grant Purdy and Stephen Grey will both be presenting at the PMI Australia Conference in Melbourne (8-10 Sep 2014). Grant will also chair a panel on 'Creating value from managing risk in projects'. Stephen will be one of the members of the panel.]]></description>
		</item>
		<item>
		<title>Bushfire ignition risk analysis for power lines</title>
		<link>https://broadleaf.com.au/bushfire-ignition-risk-analysis-for-power-lines/</link>
		<pubDate>Thu, 03 Jul 2014 03:10:33 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Business continuity]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=1021</guid>
		<description><![CDATA[An electricity transmission company commissioned Broadleaf to develop a risk analysis methodology and model to provide it with a sound basis for decisions on the management of the risks associated with its assets igniting bush fires

The approach developed is, we believe, unique and was enthusiastically received when it was presented to the company’s executive team this week.  ]]></description>
		</item>
		<item>
		<title>White paper on &#8216;Shared services implementation&#8217;</title>
		<link>https://broadleaf.com.au/white-paper-on-shared-services-implementation/</link>
		<pubDate>Wed, 02 Jul 2014 22:10:37 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Assurance]]></category>
		<category><![CDATA[Decision making]]></category>
		<category><![CDATA[Outsourcing]]></category>
		<category><![CDATA[Policy]]></category>
		<category><![CDATA[Project risk management and IEC 62198]]></category>
		<category><![CDATA[Quantitative analysis]]></category>
		<category><![CDATA[Testing assumptions]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=1015</guid>
		<description><![CDATA[A new white paper on Shared services implementation by Dr Stephen Grey, Associate Director, has just been published in the Resources section of our web site.]]></description>
		</item>
		<item>
		<title>ERM training in the Middle East</title>
		<link>https://broadleaf.com.au/erm-training-in-the-middle-east/</link>
		<pubDate>Tue, 17 Jun 2014 04:36:57 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Enterprise risk management and ISO 31000]]></category>
		<category><![CDATA[ERM]]></category>
		<category><![CDATA[Training]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=206</guid>
		<description><![CDATA[Dr Dale Cooper has just delivered an ERM training course in Doha, over the period 15-17 June 2014.]]></description>
		</item>
		<item>
		<title>Tyre pyrolysis in China</title>
		<link>https://broadleaf.com.au/tyre-pyrolysis-in-china/</link>
		<pubDate>Tue, 27 May 2014 03:14:06 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Environment]]></category>
		<category><![CDATA[Mining]]></category>
		<category><![CDATA[Transport]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=383</guid>
		<description><![CDATA[Inspection, testing and confirmation of a tyre pyrolysis facility in China.]]></description>
		</item>
		<item>
		<title>Oyu Tolgoi schedule risk analysis</title>
		<link>https://broadleaf.com.au/oyu-tolgoi-schedule-risk-analysis/</link>
		<pubDate>Tue, 13 May 2014 04:57:37 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Mining]]></category>
		<category><![CDATA[Quantitative analysis]]></category>
		<category><![CDATA[Schedule risk]]></category>
		<category><![CDATA[Schedule risk analysis]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=314</guid>
		<description><![CDATA[We developed a combined project delivery schedule from different sub-project schedules for the Oyu Tolgoi copper mine, and conducted a quantitative analysis of its uncertainty.]]></description>
		</item>
		<item>
		<title>Presentation to PMI Melbourne</title>
		<link>https://broadleaf.com.au/presentation-to-pmi-melbourne/</link>
		<pubDate>Tue, 29 Apr 2014 04:35:44 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Project Management Institute]]></category>
		<category><![CDATA[Project risk management and IEC 62198]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=204</guid>
		<description><![CDATA[Dr Stephen Grey made a presentation on recent developments in quantitative risk analysis to the Melbourne Chapter of the Project Management Institute on 29 April 2014.]]></description>
		</item>
		<item>
		<title>Taking Occam’s Razor to risk management</title>
		<link>https://broadleaf.com.au/taking-occams-razor-to-risk-management/</link>
		<pubDate>Fri, 11 Apr 2014 04:43:26 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Decision making]]></category>
		<category><![CDATA[Enterprise risk management and ISO 31000]]></category>
		<category><![CDATA[Integration]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=214</guid>
		<description><![CDATA[Grant Purdy has recently published an article that tackles the difficult topic of risk management integration.  This was also the subject of a presentation at a conference in Toronto.]]></description>
		</item>
		<item>
		<title>Effective risk management workshop in Melbourne</title>
		<link>https://broadleaf.com.au/effective-risk-management-workshop-in-melbourne/</link>
		<pubDate>Mon, 07 Apr 2014 04:44:24 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Enterprise risk management and ISO 31000]]></category>
		<category><![CDATA[Training]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=216</guid>
		<description><![CDATA[Grant Purdy delivered a one day training workshop as part of the 2014 Risk Management Leaders Forum.]]></description>
		</item>
		<item>
		<title>Management forecast performance index</title>
		<link>https://broadleaf.com.au/management-forecast-performance-index/</link>
		<pubDate>Sun, 30 Mar 2014 04:33:33 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Forecasting]]></category>
		<category><![CDATA[KPI]]></category>
		<category><![CDATA[Performance measures]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=200</guid>
		<description><![CDATA[Broadleaf is updating its work with a large building and construction business to provide a performance index for forecasting project and business unit margins.]]></description>
		</item>
		<item>
		<title>PMI webinar on cost contingency analysis</title>
		<link>https://broadleaf.com.au/pmi-webinar-on-cost-contingency-analysis/</link>
		<pubDate>Wed, 19 Mar 2014 04:29:54 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Contingency analysis]]></category>
		<category><![CDATA[Project Management Institute]]></category>
		<category><![CDATA[Project risk management and IEC 62198]]></category>
		<category><![CDATA[Risk modelling]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=196</guid>
		<description><![CDATA[Dr Stephen Grey explained how flawed methods for assessing contingencies have become entrenched in current practice and how we can now correct this with simpler and more realistic techniques.]]></description>
		</item>
		<item>
		<title>Risk management framework for a UN body</title>
		<link>https://broadleaf.com.au/risk-management-framework-for-a-un-body/</link>
		<pubDate>Thu, 06 Mar 2014 04:41:55 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Not for profit]]></category>
		<category><![CDATA[Risk management framework]]></category>
		<category><![CDATA[UN]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=212</guid>
		<description><![CDATA[Broadleaf has just completed an intensive assignment to assist the Geneva-based International Organization for Migration develop an appropriate risk management framework.]]></description>
		</item>
		<item>
		<title>New edition of Project Risk Management Guidelines book</title>
		<link>https://broadleaf.com.au/new-edition-of-project-risk-management-guidelines-book/</link>
		<pubDate>Tue, 18 Feb 2014 04:38:58 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Book]]></category>
		<category><![CDATA[Enterprise risk management and ISO 31000]]></category>
		<category><![CDATA[Project risk management and IEC 62198]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=208</guid>
		<description><![CDATA[A new edition of Broadleaf's book 'Project Risk Management Guidelines: Managing Risk with ISO 31000 and IEC 62198' has been published by Wiley.]]></description>
		</item>
		<item>
		<title>Jansen project cost range analysis</title>
		<link>https://broadleaf.com.au/jansen-project-cost-range-analysis/</link>
		<pubDate>Wed, 01 Jan 2014 04:32:21 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[BHP Billiton]]></category>
		<category><![CDATA[Cost range analysis]]></category>
		<category><![CDATA[Cost risk analysis]]></category>
		<category><![CDATA[Resources]]></category>
		<category><![CDATA[Schedule range analysis]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=198</guid>
		<description><![CDATA[Broadleaf carried out a range analysis of the capital cost estimate for the Jansen project, in BHP Billiton’s offices in Toronto and Saskatoon.]]></description>
		</item>
		<item>
		<title>MOU signed with the Risk Doctor Partnership</title>
		<link>https://broadleaf.com.au/mou-signed-with-the-risk-doctor-partnership/</link>
		<pubDate>Tue, 31 Dec 2013 04:39:49 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Partners]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=210</guid>
		<description><![CDATA[Broadleaf and the Risk Doctor Partnership have formalised their collaboration with a Memorandum of Understanding.]]></description>
		</item>
		<item>
		<title>Public sector decision making</title>
		<link>https://broadleaf.com.au/public-sector-decision-making/</link>
		<pubDate>Tue, 01 Oct 2013 04:34:35 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Comparative risk assessment]]></category>
		<category><![CDATA[Decision making]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=202</guid>
		<description><![CDATA[Broadleaf has been assisting one of the major spending departments within the Victorian Government to carry out project risk assessments and resolve challenging strategic decisions.]]></description>
		</item>
		<item>
		<title>Keynote speech at the POLRISK Risk Management Association Conference, 2013</title>
		<link>https://broadleaf.com.au/keynote-speech-at-the-polrisk-risk-management-association-conference-2013/</link>
		<pubDate>Fri, 31 May 2013 06:20:36 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[Enterprise risk management and ISO 31000]]></category>
		<category><![CDATA[ERM]]></category>
		<category><![CDATA[POLRISK]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=887</guid>
		<description><![CDATA[Grant Purdy gave the keynote speech at the Stowarzyszenie Zarządzania Ryzykiem conference in Warsaw in May 2013. He spoke about creating value from effective risk management.]]></description>
		</item>
		<item>
		<title>Risk Appetite &#8211; is using this concept worth the risk?</title>
		<link>https://broadleaf.com.au/risk-appetite-is-using-this-concept-worth-the-risk/</link>
		<pubDate>Thu, 01 Sep 2011 08:21:37 +0000</pubDate>
		<dc:creator><![CDATA[ Broadleaf Capital International ]]></dc:creator>
				<category><![CDATA[COSO ERM]]></category>
		<category><![CDATA[Enterprise risk management and ISO 31000]]></category>
		<category><![CDATA[Risk appetite]]></category>
		<category><![CDATA[Risk tolerance]]></category>

		<guid isPermaLink="false">https://broadleaf.com.au/?p=880</guid>
		<description><![CDATA[The NZ Society for Risk Management published an article from Grant Purdy in its RiskPost  in September 2011.

Grant describes how have been using the term risk appetite for many years. It is used regularly in the media and all the major consultancy groups and many professional associations with an interest in risk management discuss the term and describe its interpretation and application. Now regulators are asking companies to prepare statements of their risk appetite as part of their governance processes.

The concept of risk appetite seems deceptively simple: it is often described as how much risk we might wish to take to achieve a desired return. In practice, however, an organisation’s risk appetite can be exceedingly difficult to tie down or define.

Although many authors discuss risk appetite, most of the current definitions are vague, ambiguous and contradictory, and the gap between theory and practice is often wide. Efforts to quantify risk appetite can sometimes produce an illusion of precision while, in practice, the resulting statements are of little practical use.

Just to add to the confusion, the equally rubbery phrase 'risk tolerance' is also often used at the same time as risk appetite. The two terms are often used interchangeably and sometimes appear to have overlapping definitions.
]]></description>
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