The fallout after the gold rush
Article Abstract:
It is possible to argue that conventional models for assessing investment risk have been proved to be inadequate. This view is presented by risk-analysis consultant Ron Dembo and financial journalist Andrew Freeman, who feel that risk is basically to do with analyzing a situation to see if the upside outweighs the downside. The downside, which they term regret, can be more useful than existing risk measures because it is able to reflect people's willingness to take risks.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
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Paper lifeboat that can save millions
Article Abstract:
The Risk Analysis and Management of Projects (Ramp) method developed by the UK's Institute of Actuaries and Institution of Civil Engineers is designed to reduce risk in construction projects. It handles risk throughout the history of a project, and has applications beyond the planning of capital schemes. The organizations claim that the methodology is potentially extremely valuable, as it allows managers to assign a financial value to almost all investment projects.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
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