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Risk management in the water utility sector is becoming increasingly explicit.However, due to the novelty and complexity of the discipline, utilities areencountering difficulties in defining and institutionalising their riskmanagement processes. In response, the authors have developed a sector...
Persistent link: https://www.econbiz.de/10009484567
The provision of wholesome, affordable and safe drinking water that has the trust ofcustomers is the goal of the international water utility sector. Risk management, interms of protecting the public health from pathogenic and chemical hazards hasdriven and continues to drive developments within...
Persistent link: https://www.econbiz.de/10009463024
Risk management in the water utility sector is becoming increasingly explicit. However, due to the novelty and complexity of the discipline, utilities are encountering difficulties in defining and institutionalising their risk management processes. In response, the authors have developed a...
Persistent link: https://www.econbiz.de/10010761000
Risk management in the water utility sector is fast becoming explicit. Here, we describe application of a capability model to benchmark the risk management maturity of eight water utilities from the UK, Australia and the USA. Our analysis codifies risk management practice and offers practical...
Persistent link: https://www.econbiz.de/10010761083
Explicit approaches to risk analysis within the water utility sector, traditionallyapplied to occupational health and safety and public health protection, are now seeingbroader application in contexts including corporate level decision making, assetmanagement, watershed protection and network...
Persistent link: https://www.econbiz.de/10009463162
Persistent link: https://www.econbiz.de/10010379243
Drawing on the fast and frugal research programme, this paper describes a retrospective field study of decision making during water contamination events. It characterises three heuristics employed in real-world decision making. The credibility heuristic discriminates between signals from targets...
Persistent link: https://www.econbiz.de/10010776881
The current trend to economically exploit deepwater hydrocarbon reserves is to reducethe capital expenditure; accomplished by deploying subsea equipment. The financialbenefit afforded is offset by the risk of high operational costs associated with failure.Recognition of the life cycle cost...
Persistent link: https://www.econbiz.de/10009463002
Hazardous industries in the UK and Europe are under pressure to increasethe transparency and accountability of the ways in which they manage theirhazards and the risks they pose to the population and environment. Theliterature has indicated that the field would benefit from a...
Persistent link: https://www.econbiz.de/10009463047
In this age of safety awareness, technological emergencies still happen,occasionally with catastrophic results. Often human intervention is the only way ofaverting disaster. Ensuring that the chosen emergency managers are competent requires acombination of training and assessmentH. owever,...
Persistent link: https://www.econbiz.de/10009463095