Risk analysis in the water utility sector is fast becoming explicit. Here, we describe application of a capability model to benchmark the risk analysis maturity of a sub-sample of eight water utilities from the USA, the UK and Australia. Our analysis codifies risk analysis practice and offers practical guidance as to how utilities may more effectively employ their portfolio of risk analysis techniques for optimal, credible, and defensible decision making.
Benchmarking Risk Analysis Practice in the International Water Sector
B.H. MacGillivray, P.D. Hamilton, S.E. Hrudey, L. Reekie, S.J.T Pollard; Benchmarking Risk Analysis Practice in the International Water Sector. Water Practice and Technology 1 June 2006; 1 (2): wpt2006024. doi: https://doi.org/10.2166/wpt.2006.024
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