Abstract: A quantitative based risk assessment process is disclosed. The process includes the identification of parameters and sub-parameters relating to socio/economic, environmental and project construction risks in providing a quality risk assessment of a region and/or project for renewable and non-renewable energy projects. Risks parameters are variable and can be selected from a number of predetermined categories as needed for each project and can be weighted differently based on the needs and/or goals of the project and the impact thereof. Systems, storage devices and mediums and outputs of same are also provided.
Type:
Application
Filed:
November 1, 2013
Publication date:
May 15, 2014
Applicant:
Applied Reliability Solutions Ltd.
Inventors:
Alexander Charles Creagh, Crystal Charmaine Waters