Archive for November, 2010

Risk Management and Locomotive Engine Rooms – Case Study

One of the biggest factors when it comes to risk management is the issue of confined space. OSHA for instance realizes that this is a huge problem and they are concerned with restricted entry and exit locations for employees working in hazardous situations where risk of injury or death is concerned. When it comes to the railroad, and those that work on trains, the engine room is just such a space. In fact, on almost all modern day locomotives there are access doors along the entire length of the motor.Still, it is a confined space between the pillars for the doors and working between the engine components. Consider if you will that a modern diesel engine has pistons the size Continue reading…

Capital Risk Management – Protection Against Losses

Capital risk is where an investor takes his or her funds and takes a certain amount of event risk. This can be very risky and can end with one of two ways: a profit or loss. The investor takes the risk of losing part, or even the entire principal amount that he or she invested. Capital risk management can keep losses like this from happening, or at least reduce the risk.Capital risk management tries to reduce the risk from potential losses. There are two types of investment options that may be included with capital risk management. The “Put” option is where a capital investment is established, and trading prices are locked in if the investor chooses to sell. The “Call” Continue reading…