Reducing Project Risk 2019
DOI: 10.4324/9781315245089-1
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“…However, the next best value could be a region near the hotspot or another area in Europe. Defining the threshold for a hotspot could be a difficult decision if one does not understand the regional functioning, as lower probabilities sometimes lead to high risks and vulnerabilities due to lack of resources and timely decisive management 44 , 45 . Figure 2 shows a conclusive risk map of compound events occurring in various countries with a joint probabilities > 50%.…”
Section: Resultsmentioning
confidence: 99%
“…However, the next best value could be a region near the hotspot or another area in Europe. Defining the threshold for a hotspot could be a difficult decision if one does not understand the regional functioning, as lower probabilities sometimes lead to high risks and vulnerabilities due to lack of resources and timely decisive management 44 , 45 . Figure 2 shows a conclusive risk map of compound events occurring in various countries with a joint probabilities > 50%.…”
Section: Resultsmentioning
confidence: 99%