Risk Assessment

All larger projects, in which Michael vom Baur has been involved during his more than 35 years of industry experience, have incorporated considerable risks. Some of those suffered also from technical or commercial failures. Based on this long-term experience a good intuition for potential sources of risk has developed. Well understanding the systematic methods „Failure Mode and Effects Analysis“ (FMEA) and „Failure Mode and Effects and Criticality Analysis“ (FMECA), as they are common in Norwegian and international Offshore-business, complements our consulting competence for risk analysis for business projects.