Welcome to the NOSA blog

Dissecting methods of risk analysis and their efficacy

Posted by Jiaqi Sun on Aug 14, 2017 10:45:00 AM

 

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Topics: Risk management, risk methodologies, risk, risk assessment

6 lesser venomous snakes of South Africa you need to know about

Posted by NOSA on Aug 11, 2017 10:00:00 AM

In southern Africa we have over 170 species of snakes, 12 of which can be classified as deadly. However, although they won’t kill you, there some species will inflict serious or painful bites (e.g. the Many Horned Adder). While they are not considered highly venomous, and deaths from their bites are unheard of, you should still be aware of them and the consequences of their bites. Today we will discuss the more common specimens from this group.

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Topics: snakes, snakes in the workplace, snake safety, venomous snakes

Risk analysis and evaluation unpacked

Posted by Jiaqi Sun on Aug 10, 2017 12:30:00 PM

 

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Topics: Risk management, risk methodologies, risk, risk assessment

Defining and identifying risk

Posted by Jiaqi Sun on Aug 7, 2017 11:15:00 AM

 

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Topics: risk methodologies, risk, risk assessment

10 snake myths – busted

Posted by NOSA on Aug 4, 2017 11:34:18 AM

 

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Topics: snakes, snakes in the workplace, snake safety

Overview of risk assessment techniques

Posted by Jiaqi Sun on Aug 3, 2017 11:30:00 AM

For both quantitative and qualitative approaches, a wide range of techniques exist as illustrated in the chart below (please refer the American Bureau of Shipping (2000) for more details). Each technique has its own:

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Topics: risk methodologies, risk, risk assessment

Your risk assessment in 3 levels

Posted by Jiaqi Sun on Jul 31, 2017 11:30:00 AM

 

In line with the ISO 31000 standards, a risk assessment methodology is part of the risk management process and uses a combination of:

  • identification
  • analysis, and
  • evaluation techniques.
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Topics: Risk management, risk methodologies, risk assessment

How to treat snake venom in the eyes

Posted by NOSA on Jul 28, 2017 1:00:00 PM

In South Africa, we have three species of spitting snakes:

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Topics: snakes, snakes in the workplace, snake safety

Risk assessment methodologies and techniques by category and industry

Posted by Jiaqi Sun on Jul 27, 2017 11:00:00 AM

Under modern occupational risk management (ORM), the primary differences between risk assessment and risk measurement are:

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Topics: risk methodologies, risk by industry, risk assessment

Methodology evolvement and industry trends

Posted by Jiaqi Sun on Jul 24, 2017 11:20:00 AM

With the increasing availability of big data and sophisticated software analytics, such as machine learning, modern risk assessment are automated and easy to use for people who have limited technical knowledge on risk management. The outcome of risk assessment will become more accurate due to the access to large-size samples. For example, Deloitte has developed a continuous risk assessment tool as an enhancement of its traditional risk assessment processes through the inclusion of quantitative metrics i.e. key risk indicators, to better assess the risk universe. ORM has moved away from traditional risk assessment towards risk-based strategic decision making.

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Topics: Risk management, risk methodologies, risk

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