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. 2020 Jun 23;8(2):100740. doi: 10.1016/j.exis.2020.05.019

Table 7.

Arguments for and against the implementation of the proposed MORMM model.

For Against
It provides the decision makers and/or evaluators with the opportunity for transparent decision making and/or evaluation. Sufficient data are not yet available for testing.
It addresses the risk holistically and not in a fragmented way. Sufficient data are not yet available for testing.
It is a “value” oriented tool: evaluators are encouraged to incorporate and directly or indirectly attribute a “value” on the stake of the business plan. Sufficient data are not yet available for testing.
It may be utilized by both expert and less experienced professionals at any business level. Sufficient data are not yet available for testing.
It is designed to support the whole lifecycle of a coal mining business plan. Sufficient data are not yet available for testing.
If modified it may include any number of hazard categories. The demo included five hazard categories. Modifications may be needed when at the prototype stage.
If modified it may include unlimited number of evaluators/experts. The demo included five evaluators. Modifications may be needed when at the prototype stage.
If modified it may include unlimited number of hazards. The demo included 14 hazards. Sufficient data are not yet available for testing.
It may incorporate qualitative and quantitative hazards (including financial ratios etc.). Sufficient data are not yet available for testing.
If modified it may include different weights for each hazard category and/or hazards. In that case the sum of all weights shall be one. Sufficient data are not yet available for testing.
It may be very useful in situations of Time Critical Risk Decisions. Sufficient data are not yet available for testing.
If incorporated into a cell phone application, it may be utilized by mine personnel when they operate in remote distances. Sufficient data are not yet available for testing.