Project Management

Intermingling Risks

From the People, Planet, Profits & Projects Blog
by ,

About this Blog

RSS

View Posts By:

Richard Maltzman
Dave Shirley

Recent Posts

Saving the Sahel (Part 1)

You Can't Get They-ah From Hee-yah

Floating an idea into reality: the other side of the AI Project Paradox

The Environment of the Built Environment: an AI Paradox

Is plastic on your mind?

Categories

6th, 6th Edfition, 6th Edition PMBOK, 7th Edition, 7th Edition PMBOK, 8th Edition PMBOK, 8th Edition PMBOK Guide, Activism, actuarial, actuary, adapt, addition by subtraction, Africa, africa, agriculture, airforce, ajaita, Alaska, amazon, analogous, analytics, ancient, and more power, antarctica, anti-science, apple, apps, architecture, arctic, arrakis, Artificial Intelligence, asch paradigm, Assistant, asthma, astronomy, automobile, automotive, autonomous cars, b, bankhar, Banksy Crypto, basalt, baseball, bats, batter, beauty products, benefit, benefits, Benefits Realization, beyond epica, biases, bicycle, big data, big dfata, big dig, bike, biodiversity, biomedicine, birdhouse, blockchain, blood, blue blood, blue trees, bluefin, bluefin tuna, book review, boston, boston university, Boyce, Brazil, brazil, Breakdown Structures, BS, building, buildings, built environment, built environment, bumblebee, cake, capacitor, car, Carbon, carbon, carbon capture, carbon negative, carbon neutral, carbon pool, carbon sequestration, carbonate, careers, CEO, ChatGPT, chatGPT, chatgpt, chatgpt, chess, China, china, chopsticks, citrus, cli-fi, climate, climate change, climate resilience, climeworks, Clumsy, CO2, co2, CO2 Utilization, coalition, cobalt, coffee pods, cognition, cognitive, Collabortion, colombia, concrete, Conflict, construction 5.0, cool projects xyloscope, cooling, coral, corn, cost of good quality, cost of poor quality, cost of quality, crazy, criticism of project management, cryptocurrency, CSR, csr, data, data analytics, data privacy, datacenter, dataset, death spiral, Decision Making, decomposition, Defense and Climate, definition of a project, deforestation, dependencies, dependency, desert, DIKW, dikw, dimopoulos, disposal, dna, DOD, dogs, dolphins, dream, drilling, drink, dune, dune, dutch, early start, earth, eatlocal, eco-tourism, ecological, economic, economics, EKC, electric grid, electricity, electronics, elysis, embodied carbon, emerging technologies, empower, Energy, energy efficiency, environmental degradation, escalate, escalation, ESG, extreme weather, fallacy, FARC, farming, finance, fish, fish brains, fishing, fix, fixing the earth, flint water, Flint Water Supply, flood, flooding, Food supply chain, food waste, forest, forest for the trees, forestation, forrestgump, frank herbert, Fruitcake, fungus, fusion, Galvao, garage, gas, gasoline, geese, gender equality, gender partnerships, generational differences, Generative AI, gladwell, gold, Goodness, google, Government, GPT, great pacific garbage patch, green, green building, green buildings, green energy, green iguana, green project, green project management, greening, guest post, gyre, harkonnen, Harvesting Benefits, hawasina, hedgehogs, heursitics, historical data, hlb, holitsic, holland, horseshoe crab, human-caused climate change, hydrogen, hydrology, ice, iceland, ignition, iguana, imagery, impact, india, inequality, information, initiatives, injection, insurance, intelligence, interacting risk, internal combustion engine, invasive species, investment, isomer, issue escalation, issues, ITER, jobs, Jupiter, justification, kids, kill point, knowledge, koch brothers, Kuznets, laboratory, LAL, landscape mode, lapampa, launch, LCA, Leadership, Leadership, life cycle analyses, life cycle analysis, lifecycle, Linkedin, liquid, lizard, local, long term, long-term, long-term thinking, look up, loud, maintenance, maker, makermovement, malcolm gladwell, management, marathon, marine biology, market, mars, Martin Luther King, mean, megawatt, MeHg, melting, mercury, metal, Microgrid, microplastics, migration, military, millennial, mindset, minerals, mission, mitigate, MLK, mongolia, museum, museum of london, nature, nematodes, net gain, Net Project Success Score, net zero, netherlands, network, New book, New Jersey, New Practitioners, new york, NFT, nitrogen, noise, noreaster, norway, nova, NPSS, NREL, ocean, ocean cleanup, ocean life, oil rig, oil rigs, oklahoma, oman, only murders in the building, opportunity, overall risk, oxygen, packaging, pareto, PBS, permafrost, persistence, peru, Pharmaceutical, planet, planet.com, planning, plant, plasma, plastic, playground, pm, pm education, pmbok, pmbok guide, pmnetwork, PMXPO-2018, podcast, pollutants, pollution, poop, poor, portfolio, power, power skills, privacy, privacy concerns, professors, program, Program Management, project, project leader, project leadership, project management, project management 3.0, project on fire, project progress, Project Success, project success, projecticity, projectleadership, projectmanagement, projects, psychology, pulse of the profession, purple bacteria, purpose, quiet, rainforest, rationale, reef, refugees, renewable, renewables, Repair, repair, repeatable process, repeatable processes, repurpose, research, resource breakdown strucuture, Resource Management, reversing climate change, revisionist history, rich, rigs2reefs, ripe, risk, risk avoidance, Risk Management, risk mitigation, risk response, risk responses, river, robots, rocks, rules of thumb, rural, rural India, russia, Sarcasm/Irony, satellite, saudi, schedule, sci-fi, Science, science, science-fiction, scientific american, screaming monkeys, sea, sea life, Sea-Level Rise, sea-level rise, seagreens, seawall, seawater, seawater temperature, seaweed. beat;es. farming, secondary risk, selena gomez, sequestration, shipping, skyscraper, SLR, smart cities, smart city, smelting, social, social pressure, soil, solar, solar panels, solar perovkites, solar saheli, sonic, sponge cities, SRI, stage-gate, stagegate, stakeholder, stakeholder management, steward, stewardship, storage, strategy, stupid, success, suffer, sulphur, sunk cost, supercapacitor, supply chain, survey, Sustainability, sustainability, Sustainable Investing, Sustainable Tourism, sybiosis, symbiosis, system 03, TBL, temperature, terraform, terraforming, test, threat, threats, totem, touchscreen, tour, tower, Trains, transparency, transportation, trash, tree, tree species, trees, trillion, triple bottom line, triple constraint, truth to power, UMass, us army corps of engineers, USDA, vacuum, value, venus, vision, voice, voltage optimization, vw scandal, washing machine, waste, wastewater, water, we mean business, whales, Whirlpool, wind, wisdom, women, Women in Project Management, wood wide web, woonerf, Work Breakdown Structures (WBS), world breakdown structure, worms, xian, xylotron, Yale

Date

linkedin twitter facebook Request to reuse this  


Today, I’m going to go a little bit ‘science-y’ on you, but it has a payoff in terms of understanding risks – and project, program, and portfolio managers must know how to deal with risk.   This post has its roots in a recent article from Nature magazine, “Climate change and overfishing increase neurotoxicant in marine predators” (Schartup et al).

Three billion people rely on seafood for nutrition, and billions of others have it as part of their diet. But this comes with a risk – consumption of methylmercury (MeHg). Mercury from natural and human-produced sources goes into the ocean, to the tune of 80%   Microorganisms convert this mercury (Hg) to MeHg, and in predatory fish such as tuna and swordfish, the MeHg concentrations are amplified a million times or more.  People are thus exposed to MeHg in high concentrations, and that is not good. MeHg causes neurocognitive in children, a problem that can persist into adulthood. This costs society, not only in the suffering of families but also in monetary terms – with the costs estimated to be over $20B.

So here’s the connection to project management.  Although “seafood” is not a project, nor is “fishing”, the increased presence of MeHg is clearly a threat.   Nations have responded to this threat with the Minamata Convention on Mercury, in 2017.

You can learn about the Minimata Convention here from the video below.

 Is your country a signatory?  Colombia just signed a few days ago.  Check that out here: http://www.mercuryconvention.org/Countries/Parties/tabid/3428/language/en-US/Default.aspx

As project managers, we importantly check risk response to see if it is effective and/or if other actors or effects.  This is a critical process because risk is dynamic, and sometimes risk responses even generate new (secondary) threats.

Here, the scientists studying MeHg looked at the effects of overfishing and climate change on MeHg concentrations in fish.  What they found, using over 30 years of data analytics, showed that overfhishing of Atlantic Cod caused a 23% increase, and rising temperatures caused by climate change have caused a 56% increase in MeHg in Atlantic Bluefin Tuna (ABFT) (see Figure below – source is Nature Magazine, Volume 572, August 2019).

In the chart on the bottom right, you can see that MeHg levels have gone UP, despite the reduction in the amount of mercury in the ecosystem (that lower amount resulting from the Minamata Convention), and that those increases are in alignment with seawater temperature increases.

The bottom line is that ocean warming and fisheries management will be key factors in modulating the threat of MeHg in our diet.   It turns out that the quantity of this neurotoxicant is not limited only to the depositing of mercury in the oceans, it’s about the ocean “as a system” (See figure below) and the way that this system processes mercury, and how other effects – to which we contribute – change the concentrations.

This is only one example of how human activity can complicate and exacerbate other problems, and the takeaway for project managers is to understand how risks intermingle and interact.

Think of the risks in your project(s).  Have you stepped back and considered how they interact?

 


Posted by Richard Maltzman on: September 22, 2019 03:59 PM | Permalink

Comments (4)

Please login or join to subscribe to this item
avatar
Eduin Fernando Valdes Alvarado Project Manager| F y F Fabricamos Futuro Villavicencio, Meta, Colombia
Very interesting, thanks for sharing

avatar
TA TE YANG Vice General Manager| OmniHealth Group Inc Taipei City, Taiwan
Thank you for sharing your knowledge.

Excellent presentation. Very good & relevant examples. Thank you!

avatar
Suzi MS United Kingdom
Very interesting post thank you!

Please Login/Register to leave a comment.

ADVERTISEMENTS

"Don't go around saying the world owes you a living. The world owes you nothing. It was here first."

- Mark Twain

ADVERTISEMENT

Sponsors