Risk mitigation

These examples examine how one can use Genius for risk mitigation. Many businesses operate under levels of risk. If data can be gathered based on past incidents, whether from within the business or externally, then this information can be used to prevent future incidents from occurring. We show risk mitigation in two different example scenarios:

• Electric vehicle fire risk - Determining the probability of an electric vehicle fire disaster based on the known risk factors of a vehicle.

• Project management risk identification - Determining the probability of a decrease in the quality of work, low market share/reputational issues, time overruns, and cost overruns of a project based on the known risk factors involved.