Risk Analysis Strategies for Credible and Defensible Utility Decisions

by Simon Pollard, Paul Hamilton

This report provides a critical review of the risk analysis strategies used by water utilities for better decision-making. The review was formed from an international workshop on risk analysis, several discussions with utility and risk managers, presentations, and structured interviews with utility staff. The report summarizes the status of risk management in the water utility sector among the participating and collaborating utilities. The research developed a capability maturity model for risk management (CMM-RM) in the utility sectors and used it to benchmark representatives of the international water utility sector.

104 pages, Paperback

First published May 12, 2007

About the author

Pro-Vice-Chancellor and member of the University Executive, Simon leads Cranfield University’s international partnership activities and the School of Water, Energy and Environment. With significant strategic experience, his career spans senior appointments in academia, consulting and government. An environmental engineer and Fellow of the Royal Academy of Engineering, Simon’s research on risk governance has been funded by the US Water Research Foundation, EPSRC, NERC, BBSRC and Defra.