News

  • Dr Dale Cooper honoured to receive the Risk Engineer Achievement Award 2023

    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.

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  • Dr Dale Cooper nominated for Risk Engineer Achievement Award 2023

    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.

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  • 2nd edition of Dr David Hillson’s ‘The Risk Management Handbook’ published

    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.

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  • Does risk management add value? RMIA Conference 2023

    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.

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  • Implications of climate change for an agriculture agency

    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.

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  • Supporting property development decisions

    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.

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  • Case study: Comparing bidders’ construction schedules

    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.

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  • Identifying failure modes in an oil refinery process unit

    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.

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