#253 – EXPLORING DRONE RELIABILITY – FRED SCHENKELBERG

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In a few Twitter conversations, I’ve learned about the perceived lack of reliability of commercially available quadcopter or drones.

And, being encouraged to write a paper or two on drone reliability. Now that Amazon has a delivery drone patent, and industrial applications continue to announced daily, there is a need for serious reliability in these devices. Continue reading

#252 – HONG KONG MEGA RISKS AND TRAUMA – DR. TRUDY

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Hong Kong is a living historical mixture of imperial China, British Empire, democratic China (ROC), or communistic China (PRC).  Today, it’s suffering from trauma. Trauma can be defined as an intense stressful event which changes an individual’s internal equilibrium, threatens a person’s survival, and arouses a sense of crisis, such as violence, robbery, sudden near-death accident, loss of a loved one, laid-off, divorce, financial bankruptcy, etc.

Traumatic experience sends shock waves to an individual’s brain and activates fight-or-flight cognitive, emotional and behavioral reactions. So-called normal rational cognitive process and executive planning are interrupted and bypassed, replaced by a hyper vigilant mental state in preparation of fight or run for life. Continue reading

#252 – QQMOO: WHO KNEW?: ASSESSING THE FITNESS OF YOUR WATER SUPPLY CHAIN AGREEMENTS – ANNETTE DAVISON & MEGAN DYSON

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We have written before about the importance of understanding your handover points, from a governance and water quality supply chain risk perspective. However, in our experience, we still see many water supply chain agreements in which it is difficult to interpret exactly what is being required of the parties and therefore, how it is possible to understand whether those water supply chain agreements are actually being complied with in practice.

We have therefore come up with a simple five part framework to help address the issues that we see and help you to assess whether your water supply chain agreements are fit for purpose: QQMOO – who knew?!. Continue reading

#252 – MANAGING RISK IS ESSENTIAL TO PROJECT SUCCESS – JOHN AYERS

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A project with a poor risk management foundation is like a house with a fragile foundation. Eventually it will fail.

Why Should It Matter to You?
Knowledge and skills with the four cornerstones of risk management, dramatically increase the probability of you realizing project manager success. Conversely, a lack of knowledge will likely lead to poor project manager performance.

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#252 – CONTINGENCY RISK – VICTOR GRANADOS

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This is a personal story of understanding the importance of contingency risk planning.

Many years ago, I was working for this great company and I was about to get married.

The Saturday before my wedding day, somebody came knock on my bedroom door and yelled the company is on fire. At the time I was living around the corner from the said company. I could see the flames through my bedroom window. The warehouse had caught fire. Continue reading