Risk Analysis in Energy Program Management

Risk management is one of the best precautionary interventions undertaken in various sectors to minimize consequence that accrues whenever risks or crises occur. assessment first step risk process, and it leads identification, which followed by evaluation understand magnitude possible impact case occurs. energy sector are not exceptional since related usually catastrophic lead loss life destruction environment. The increase use complexity managing such necessitates adoption appropriate mechanisms guarantee high-quality speculation forecasting. This report focuses on a semi-quantitative approach threat-based approach. Each these techniques uses different paradigm but they all offer invaluable findings regarding enable effective prioritization when designing interventions.