Risk-Based Decision Methodologies are employed to assist management in making informed and appropriate decisions concerning task importance, work prioritization, and/or budget allocations.

SARACon has developed numerous cost benefit analyses for various projects within diverse industries evaluating parameters such as reliability, operational impacts, product throughput, controls selection (administrative or engineered), etc.

This methodology provides a strong and repeatable technical foundation for all decisions. The Process:

• Provides highest Rate-of-Return for all projects
• Evaluates the Economic impact of "NOT" doing something in terms of Return-on-Investment
• Tailored to each companies regulatory and/or customer/stakeholder concerns
• A dynamic, "living" process
• A multi-attribute prioritization process
• Has been used by a top-level government agency to develop the next generation of Security and Armed Forces deployment
• Not cost benefit for a single project

As an example, one of the largest nuclear utilities in the US uses our Financial Decision Theory to maximize return on an investment of $500,000,000+ annually in capital equipment. The program ranks capital equipment investments based on Return on Investment (ROI). It is based on hard to quantify parameters such as customer liability, environmental impacts, physical location, perception (regulatory, customer, political), maintenance cost, indirect costs, safety, availability, reliability and others.

Cost benefit analyses employing risk-based techniques for multi-attribute decisions are also offered.

Within these broad areas of expertise, SARACon's professional consultants pride themselves in their demonstrated ability to develop and guide the implementation of strategies which can enhance both safety and productivity improvement, limit corporate liabilities, and manage externally induced risks throughout the following industries:

• Fossil and Nuclear Power Generation and Distribution