QUANTITATIVE AND QUALITATIVE RISK ANALYSIS
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Quantitative Risk Analysis to the Mining Plan
- Risk estimation and degree of reliability of the mining plan
- Detection of the risk factors of a mining plan
- Construction of the mathematical model for quantitative risk analysis
- Detection and classification of variables that affect the proposed mining plan
- Modeling of the factors that affect the mining plan
Qualitative Risk Analysis to the Mining Project
- Identification and Evaluation of Qualitative Risks
- Impact evaluation and Risk Probability associated to non-quantitative factors
- Comparative Risk Maps for trade-off and evaluation of project alternatives
- Determination of risk scenarios and assumptions for qualitative and quantitative analysis
- Estimation of Maximum Estimated Loss Potential (MPE) and Maximum Possible Loss (MPP)
- Identification of Preventive and Mitigating Control strategies through Risks and Critical Controls