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Taking the guesswork out of risk management

ICE news

RISK MANAGEMENT is the subject of this year's Symonds Safety Lecture to be held at the ICE on 15 May.

Professor Chris Chapman of the University of Southampton School of Management is promising to take the guesswork out of risk management with regards to safety and will reveal the current leading edge thinking.

Real examples from the Ministry of Defence and Railtrack will be used to demonstrate how the data based objective probabilities most often used by engineers have to work hand in hand with gut feeling judgment to come up with best case options.

Professor Chapman is past president of the Operational Research Society and current chair of the Committee of Professors in Operational Research. He was the founder of the project risk management group of the Association for Project Management and is an honorary fellow of the Institute of Actuaries.

For over 25 years his research has focused on risk and uncertainty management developing from his work as a practicing consultant with a range of organisations.

Born in Canada, he took his degree in industrial engineering at the University of Toronto. He came to the UK to take an MSc in operational research at University of Birmingham and gained his PhD in economics and econometrics from Southampton.

The lecture is the 11th in the series and is presented in association with ICE's health and safety board. It starts at 4pm. Further details from Carol Dighton (01342) 327161, e-mail carol.

dighton@symonds-group. com.

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