Courtesy: Risk Assessment service Assessment of risk The process of risk assessment may be somewhat informal at the individual social level, managing economic and household risks, or a sophisticated process at the strategic corporate level. However, in both cases, ability to anticipate future events and create effective strategies for mitigating them when deemed unacceptable is vital. […]
Author Archives: owner
Courtesy: Risk Assessment service Mild Versus Wild Risk Benoit Mandelbrot distinguished between “mild” and “wild” risk and argued that risk assessment and management must be fundamentally different for the two types of risk. Mild risk follows normal or near-normal probability distributions, is subject to regression to the mean and the law of large numbers, and is therefore relatively predictable. Wild risk follows fat-tailed […]
Courtesy: Risk Assesment service Broadly speaking, a risk assessment is the combined effort of: Put in simpler terms, a risk assessment determines possible mishaps, their likelihood and consequences, and the tolerances for such events. The results of this process may be expressed in a quantitative or qualitative fashion. Risk assessment is an inherent part of a broader risk management strategy to help reduce any […]
Compliance of technical regulations courtesy : compliance of technical regulation INFORMATION Compliance (regulation)” redirects here. For other uses, see Compliance (disambiguation). In general, compliance means conforming to a rule, such as a specification, policy, standard or law. Compliance has traditionally been explained by reference to the deterrence theory, according to which punishing a behavior will decrease the violations both […]
courtesy : architects INFORMATION An architect is a person who plans, designs and oversees the construction of buildings. To practice architecture means to provide services in connection with the design of buildings and the space within the site surrounding the buildings that have human occupancy or use as their principal purpose. Etymologically, the term architect derives from the Latin architectus, which […]
courtesy : architects INFORMATION An architect is a person who plans, designs and oversees the construction of buildings. To practice architecture means to provide services in connection with the design of buildings and the space within the site surrounding the buildings that have human occupancy or use as their principal purpose. Etymologically, the term architect derives from the Latin architectus, which […]
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courtesy: awareness program Concept Awareness is a relative concept. It may be focused on an internal state, such as a visceral feeling, or on external events by way of sensory perception.It is analogous to sensing something, a process distinguished from observing and perceiving (which involves a basic process of acquainting with the items we perceive). Awareness or […]
Courtesy: RoHs certification service Note that batteries are not included within the scope of RoHS. However, in Europe, batteries are under the European Commission’s 1991 Battery Directive (91/157/EEC), which was recently increased in scope and approved in the form of the new battery directive, version 2003/0282 COD, which will be official when submitted to and published in […]
courtesy : blue revolution Emergence of the Blue Revolution Prior to the 1980s, global fish supply from aquaculture did not represent a significant food source. However, depletion of ocean fisheries and subsequent decline of capture fishery production caused aquaculture to grow rapidly. From the mid-1980s to 2000, global aquaculture production increased by more than 50%, and cemented itself as a […]
Courtesy: RoHs certification service The Restriction of Hazardous Substances Directive 2002/95/EC (RoHS 1), short for Directive on the restriction of the use of certain hazardous substances in electrical and electronic equipment, was adopted in February 2003 by the European Union. The initiative was to prevent an overabundance of chemicals in electronics. Thus, as a result electronics were restricted. The […]