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Investigating risk

Assessing and analyzing trouble before it strikes

Abstract

A fictional risk manager describes his method of inspecting a library branch for anything that could cause harm. He starts with the exterior of the branch and then moves inside to have a closer look at the interior. He discusses his overall assessment and analyzes the likelihood of risks including water damage, fire and smoke, power outages, and winter storms. He also considers security problems. He insists that each site is unique and demands a site-specific risk assessment. Ultimately, branch staff must assume responsibility for risk management.

Keywords

Risk

Risk management

Risk profile

Inspection

Assessment

Analysis

Likelihood

Site-specific

Fire

Flooding ...

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