Anjar Priandoyo

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Element of Uncertainty

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Risk as process is an impact of uncertainty on objectives (ISO31000)
Risk as measurement is a probability/likelihood multiplied by impact/consequences
Risk as condition is an exposure to uncertainty
Risk is potential of losing something (Wiki)

Risk is part of uncertainty, where uncertainty provide greater abstracts

Martinsuo (2014) on Identifying, framing and managing uncertainties in project portfolios, identify that there are three sources of uncertainties in the project which are: organizational complexity, environment and single project. But external environment can be argue as the most critical risks.

Bridges (2014) on Uncertainty in energy planning: Estimating the health impacts of air pollution from fossil fuel electricity generation. Stated that “One challenge faced by energy planners concerned with lowering emissions, particularly those using integrated multi-model frameworks for analysis, lies in the trade-off between the uncertainty associated with reduced-form air quality models and the need for sophisticated photochemical modeling that can be prohibitively time and resource intensive”


Written by Anjar Priandoyo

Januari 1, 2016 pada 11:57 am

Ditulis dalam Science

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