Blog Archives

The capability concept

Capability is an important measure in adressing vulnerabilities and in assessing resilience. Is there a way to quantitatively describe what capability entails?

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What is risk?

What is risk, and how can it be expressed? Different international standards, such as the AS/NZS 3460 Risk Management Standard, the COSO ERM framework and the ISO 31000 Risk Management Standard do not provide adequate guidance for risk assessments and lack the necessary precision.

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Not all risk is risk

The article lists and discusses eight risk definitions, and then suggests an alternative and comprehensive definition that captures all aspects of risk.

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Risk versus vulnerability

In this paper safety and security are brought together in a unifying risk and vulnerability framework that covers both accidental and malicious events.

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Certain death: Not risky. Uncertain death: risky.

It is only when the consequences of actions and events are uncertain that these actions and events are truly risky.

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ARTICLES and PAPERS
Finding the right location - minimizing disruption costs
Classical facility location models assume that once optimally located and set up, facilities will op[...]
Accessibility Index - Transport Network Vulnerability
Taylor, M., Sekhar, S., & D'Este, G. (2006). Application of Accessibility Based Methods for Vulnerability Analysis of Strategic Road Networks Networks and Spatial Economics, 6 (3-4), 267-291
I had the pleasure of meeting M.A.P. Taylor at the 3rd International Symposium on Transport Network [...]
BOOKS and BOOK CHAPTERS
Book Review: The Full Costs and Benefits of Transportation
This book, The Full Costs and Benefits of Transportation: Contributions to Theory, Method and Measur[...]
Supply Chain Risk - the forgotten discipline
No, it's not that supply chain risk is a forgotten discipline, it' is well and alive an kicking, it'[...]
REPORTS and WHITEPAPERS
How New Zealand develops resilient organisations
Is New Zealand better prepared for a disaster than other countries? As our infrastructure and organi[...]
Will Climate Change have an impact on transportation?
Many studies have already examined the potential impacts of climate change on broad sectors of the e[...]
from HERE and THERE
How to count money spent on road investments
Following up yesterday's post on why one of the world’s richest countries has one of the world’s wor[...]
Practical Supply Chain Risk Management
Every once in while I come across articles written by leaders in the industry. that catch my attenti[...]