To be alive at all involves some risk [ by prof Hussein Yussuf Dualeh]
risk is commonly regarded as negative, risk management is as much about exploiting potential opportunities as preventing potential problems. there are many benefits to managing our risks effectively. effective risk management can help us to reduce the negative and increase the positive consequences of risk and to make informed decisions.
what is a risk?
Whatever can go wrong will go wrong.
A risk is essentially a potential future problem [ or opportunity]. Every decision we make or action we take contains some elements of risk. it’s likely that something unlikely will happen. Many of the risks we face are due to the actions of people. It is often possible to prevent or reduce the likelihood of these ‘man-made’ risks occurring. ‘Who bravely dares must sometimes risk a fall’. recent research indicates over 70% of programs are late, over budget or ineffective. Organisations employing effective risk management have reduced this failure rate significantly and gained a significant competitive advantage.
Risk management has many uses.
a. Identify risks
b. Quantify risks
c. Identify countermeasures
d. Implement countermeasures
e. Monitor and review
The five-stage risk management process described above is simple, but effective and has been proven to work in businesses of all types and sizes
The first step in the risk management process is to acknowledge the reality of risk. Denial is a common tactic that substitutes deliberate ignorance for thoughtful planning. Our vulnerability to any particular risk is a combination of the likelihood of the risk materialising and the impact if it does.
Assessing and rating our risks
You can measure opportunity with the same yardstick that measures the risk involved. They go together. Quantifying our likelihood and impact ratings can help provide focus for those involved in risk assessment. Whilst statistics can sometimes be helpful, they can also be misleading–common sense has an important role to play too. The risk rating gives an an indication of the significance of a particular risk. The numbers are not as important as where the risk falls on the risk matrix.
The risk matrix
Always look for the calculations that go with the calculated risks. The risk rating [ a combination of the likelihood and impact] is effectively a rating of the significance of each identified risk. the nearer a risk is to the top right-hand corner of the risk matrix, the more significant it is
Mudo dhow waxaanu ku soo bandhigi doonaa nimankii faraacinada meesha ay ku noolaan jireen. Sawiradoodii, magacyadoodii sida Abu hole, Kuufow, Nafarteeto iyo wixii la mid ah. Masara ma jecla in ay maqasho taariikh daa. Sidii ay u tageen Masar, maxay raaceen, imisa bilood ayey ku qaadatay tegistaasu? This web you can find full information about [...] Continue reading →
Wasaaradda deegaanku inta tamarteedu leegtahay waxba kala hadhi mayso wax qabadkeeda iyo dadaalkeedaba. 08/10/013 11/10/013 wasaaradu waxay u baxday Laas-ciidle, Raari- buul. Si horiman loogu samayn laha xabkaha iyo faleenka The ministry went to Raari- Buul and Laas- ciidle for orientation about the Environment and how to stop charcoal pirates and how to promote the [...] Continue reading →
Wershadlayda biyaha sifaya dhibaato aan la koobi karin ayey ku hayaan bilicda dalka bal eeg sawirkan. Hadii aad wadani tahay ka hadal dhibaatadaa oo rayigaaka ka soo dhiibo Water factories making a lot damages to the country. Without explanation Please see the following pictures, and please express your ideas and feelings, jointly what can we [...] Continue reading →
the tanning factory has been accused by local people of dumping dangerous chemicals in waterways and causing health complaints. A Chinese-owned tanning factory based in Dacar-Budhuq Somaliland has dumping dangerous chemicals in waterways. Somaliland GVT has failed so far to intervene for fear of speaking foreign investment, according to local people. Jeronimo Group of Industries [...] Continue reading →
Halkan waxaa jooga oo gudaha u galay team ka socoda wasaaradda Deegaanka & H.R. Miyiga, goobtuna waa wershada beyteriyaasha. oo ku taala meel u dhow madaarka Egal International Airport. Team leader Hussein Yussuf Dualeh Diver Faesa Xariir Sead Elmi Sawir qaade Abdulqaadir Here is a team from the ministry of environment and rural development, checking [...] Continue reading →
Halkan waxaad ku aragtaa nin dul fadhiya dir uu gubayo, muwaadin imisa geed auu jaray daalinkaasu. sidee ayaa wax looga qaban karaa. Yaa masuul ka ah. Muwaadin rayigaaga ka soo dhiibo sidii wax looga qaban lahaa iyo sidii aad uga qayb qaadan lahayd My dear people see this man sitting on heaps of tree trunks, [...] Continue reading →
Halkan waxaad ku arki doontaan saxaro dad iyo wisikh laga soo qaaday musqulaha magaalada, hudheelada. Looma samayn meel lagu aaso ama lagu shubo. Waxa lagu daadiyaa meel daadku qaadayo marka roobku dau, daadku wuxu ku shubaa togaga fara badan, kuwaas oo dadku ka cabaan, xooluhuna way ka cabaan, caafimaadka dadka muwaadin is weydii oo wax [...] Continue reading →
Look this self explained. Continue reading →
Bacuhu waxay dhibaato ku hayaan, deegaanka oo dhan, xoolaha oo cuna, kabacdina caloosha ayey bacdu isku martaa. Neefkii markiiba wuu dhintaa. Dhirta hawada ayey ka xidhaa, bal eeg sawirka soo socoda. Waxaad moodaa guryo. Maamulka Soomaaliland waxaanu kula talinaynaa in la joojiyoo bacaha. Xabada bacda ahii 50 sano ayey baabadaa oo googodaa. Just see what [...] Continue reading →