Risk Management Revisited: How to Survive in the Age of Misinformation

Risk Management Revisited: How to Survive in the Age of Misinformation

by John P. Kindinger


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Risk Management Revisited is your guide to the science of risk management. RMR explains and demonstrates how a single disciplined approach can be used to assess and manage risk of any kind.The journey begins with a review of what actually happened to cause the Macondo oil well blowout, the Great Recession, and the Fukushima Daiichi meltdowns and how the proper use of risk management could have prevented these catastrophes.Next, RMR presents a comprehensive but readily understandable presentation of basic risk management principles along with examples of the methods and practical tools used to perform risk assessments. This basic how-to section also includes an uncomplicated guide for using risk assessment results to set goals and limits in order to avoid catastrophes and improve performance in all manner of endeavors. In addition to describing how risk management should be done, the author uses his 30+ years of real world experience to offer a comprehensive guide to the ways risk management can fail and what warning signs to look for before the damage is done.The final part of the book presents a fascinating demonstration quantitative risk analysis. The subject chosen for examination is existential risk, a subject of wide interest to all. The results of this exercise provide the only known quantitative ranking of the risks that we all face from many different potential sources including asteroids, solar storms, earthquakes, pandemics, terrorism, and war.

Product Details

ISBN-13: 9780692458419
Publisher: Kindinger Strategic Advisors, LLC
Publication date: 06/18/2015
Pages: 228
Product dimensions: 6.00(w) x 9.00(h) x 0.48(d)

About the Author

John P. Kindinger is an author and semi-retired engineer living in Eustis, Florida. Before moving to Florida, John was employed at the Los Alamos National Laboratory where he served as Nuclear Design and Risk Analysis Group Leader. Before joining LANL, John was Manager of Risk Assessment Technology at ARES Corporation and a senior consultant with Pickard, Lowe, & Garrick (PLG), Inc. in Newport Beach, CA. Before that, he was employed as a staff engineer for the Consumers Power Company in Jackson, Michigan.

John has extensive experience in the assessment of risk for complex projects and important investment decisions and safety analysis for defense nuclear facilities, nuclear power plants, and other high hazard facilities. He holds a BS in Mechanical Engineering from Michigan State University and a MS in the Management of Technology from the Massachusetts Institute of Technology.

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