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When is it profitable?

What are the characteristics of the processes/investments where risk informed analyses are profitable?

"Complexity, long period of time, uncertainty & dependencies, great demands, large expenses, different alternatives”

  • Complex processes/investments stretched over a long period of time

  • Processes/investments with uncertain input data and dependences between parameters

  • Processes/investments with alternative solutions to evaluate and compare

  • High demands on the availability of a process/system – i.e. problems in the process/system cause extensive consequences and high costs

  • Processes with large expenses in stock and maintenance

  • Heavy investments with a tight time schedule and stretched economy