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Power & Utility companies need to consider their risks not just from a financial impact perspective, but reliability and safety impacts are also critical. Some companies already started using a Multi Attribute Value approach to capture all these factors in one measure. This video of our Power & Utility series focuses on this Impact measure topic. It highlights why to consider non-financial impacts and why it is important to understand the difference and interaction between Impact and Risk Events when companies define risk. Lastly it highlights when it is good and when it is challenging to measure risk in non-financial terms, such as relying on any synthetic score that is often used in the sector. If you have any comments or questions related to this topic or anything else relevant for Power & Utility companies around Risk Quantification, please leave your comments below and we can address them in future videos. If you are interested in a full demo of the ManageXValue Risk Quantification platform, then head over to www.managexvalue.com and request a demo. Like the video if you did and share it with others you think could benefit from it.
