Note: This page contains sample records for the topic reliability risk management from Science.gov.
While these samples are representative of the content of Science.gov,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of Science.gov
to obtain the most current and comprehensive results.
Last update: November 12, 2013.
1

Commentary: Risk Management and Reliability Design for Buildings  

SciTech Connect

Where there is a significant actuarial basis for decision making (e.g., the occurrence of fires in single-family dwellings), there is little incentive for formal risk management. Formal risk assessments are most useful in those cases where the value of the structure is high, many people may be affected, the societal perception of risk is high, consequences of a mishap would be severe, and the actuarial uncertainty is large. For these cases, there is little opportunity to obtain the necessary experiential data to make informed decisions, and the consequences in terms of money, lives, and societal confidence are severe enough to warrant a formal risk assessment. Other important factors include the symbolic value of the structure and vulnerability to single point failures. It is unlikely that formal risk management and assessment practices will or should replace the proven institutions of building codes and engineering practices. Nevertheless, formal risk assessment can provide valuable insights into the hazards threatening high-value and high-risk (perceived or actual) buildings and structures, which can in turn be translated into improved public health, safety, and security. The key is to choose and apply the right assessment tool to match the structure in question. Design-for-reliability concepts can be applied to buildings, bridges, transportation sys- tems, dams, and other structures. The use of these concepts could have the dual benefits of lowering life-cycle costs by reducing the necessity for maintenance and repair and of enhancing the saiiety and security of the structure's users.

Berry, Dennis L.; Cranwell, Robert M.; Hunter, Regina L.

1999-05-28

2

Dealing with Risk in Incident Management: An Application of High Reliability Theory  

Microsoft Academic Search

In this paper we investigate the application of High Reliability Theory (HRT) to the field of operational risk management. In particular, we illustrate how HRT can contribute to the analysis of the risks associated with the Incident Management process at the IT department of a large European financial institution. We examine the characteristics of an organizational context that favor high

Gerd Van Den Eede; Bartel Van De Walle; Anne-françoise Rutkowski

2006-01-01

3

Managing electricity reliability risk through the futures markets  

SciTech Connect

In competitive electricity markets, the vertically integrated utilities that were responsible for ensuring system reliability in their own service territories, or groups of territories, often cease to exist. Typically, the burden falls to an independent system operator (ISO) to insure that enough ancillary services (AS) are available for safe, stable, and reliable operation of the grid, typically defined, in part, as compliance with officially approved engineering specifications for minimum levels of AS. In order to characterize the behavior of market participants (generators, retailers, and an ISO) in a competitive electricity market with reliability requirements, we model a spot market for electricity and futures markets for both electricity and AS. By assuming that each participant seeks to maximize its expected utility of wealth and that all markets clear, we solve for the optional quantities of electricity and AS traded in each market by all participants, as well as the corresponding market-clearing prices. We show that future prices for both electricity and AS depend on expectations of the spot price, statistical aspects of system demand, and production cost parameters. More important, our model captures the fact that electricity and AS are substitute products for the generators, implying that anticipated changes in the spot market will affect the equilibrium futures positions of both electricity and AS. We apply our model to the California electricity and AS markets to test its viability.

Siddiqui, Afzal S.

2000-10-01

4

Reliability, Recursion, and Risk.  

ERIC Educational Resources Information Center

The discrete mathematics topics of trees and computational complexity are implemented in a simple reliability program which illustrates the process advantages of the PASCAL programing language. The discussion focuses on the impact that reliability research can provide in assessment of the risks found in complex technological ventures. (Author/JJK)

Henriksen, Melvin, Ed.; Wagon, Stan, Ed.

1991-01-01

5

Risk Management.  

ERIC Educational Resources Information Center

This chapter of "Principles of School Business Management" presents an overview of risk management for school districts. The chapter first discusses four fundamental elements of risk management: (1) identifying and measuring risks; (2) reducing or eliminating risks; (3) transferring unassumable risks; and (4) assuming remaining risks. The chapter…

Randal, L. Nathan

6

Managing risk  

SciTech Connect

Developers of independent energy facilities regularly encounter complex and often confusing exposures to risk. Uncertainties regarding financing, fuel availability and cost, power system performance and changes in federal, state, and local regulation are just some of the concerns peculiar to the field. These risks, in addition to the traditional risks of construction, must be adequately analyzed to ensure the optimum protection of the developer. The application of established risk management principles provides a framework for the analysis and accommodation of risk. The paper describes risk management, quantifying risks, dealing with risks, and choices other than insurance.

Fisher, W.R.

1990-03-01

7

Risk Management  

Microsoft Academic Search

This chapter reviews and discusses the basic issues and principles of risk management, including:\\u000a \\u000a • Risk acceptability (tolerability)\\u000a \\u000a \\u000a • Risk reduction and the ALARP principle\\u000a \\u000a \\u000a • Cautionary and precautionary principles\\u000a \\u000a \\u000a and presents a case study showing the importance of these issues and principles in a practical management context. Before\\u000a we take a closer look, let us briefly address some basic

Terje Aven

8

Grid reliability management tools  

SciTech Connect

To summarize, Consortium for Electric Reliability Technology Solutions (CERTS) is engaged in a multi-year program of public interest R&D to develop and prototype software tools that will enhance system reliability during the transition to competitive markets. The core philosophy embedded in the design of these tools is the recognition that in the future reliability will be provided through market operations, not the decisions of central planners. Embracing this philosophy calls for tools that: (1) Recognize that the game has moved from modeling machine and engineering analysis to simulating markets to understand the impacts on reliability (and vice versa); (2) Provide real-time data and support information transparency toward enhancing the ability of operators and market participants to quickly grasp, analyze, and act effectively on information; (3) Allow operators, in particular, to measure, monitor, assess, and predict both system performance as well as the performance of market participants; and (4) Allow rapid incorporation of the latest sensing, data communication, computing, visualization, and algorithmic techniques and technologies.

Eto, J.; Martinez, C.; Dyer, J.; Budhraja, V.

2000-10-01

9

A Methodology for Architecture-Level Reliability Risk Analysis  

Microsoft Academic Search

Abstract?isk assessment is an essential process of every software risk management plan. Several risk assessment techniques are based on the subjective judgement of domain experts. Subjective risk assessment techniques are human intensive and error-prone. Risk assessment should be based on product attributes that we can quantitatively measure using product metrics. This paper presents a methodology for reliability risk assessment at

Sherif M. Yacoub; Hany H. Ammar

2002-01-01

10

Methodology for Allocating Reliability and Risk.  

National Technical Information Service (NTIS)

The report describes a methodology for reliability and risk allocation in nuclear power plants. The work investigates the technical feasibility of allocating reliability and risk expressed in a set of global safety criteria to various reactor systems, sub...

N. Z. Cho I. A. Papazoglou R. A. Bari

1986-01-01

11

Risk Management  

Microsoft Academic Search

This chapter reviews and discusses fundamental issues in risk management, related to concepts, principles and methods used.\\u000a Some of the issues addressed include:\\u000a \\u000a \\u000a \\u000a \\u000a – \\u000a \\u000a How we should understand risk\\u000a \\u000a \\u000a \\u000a \\u000a – \\u000a \\u000a How we should express risk\\u000a \\u000a \\u000a \\u000a \\u000a – \\u000a \\u000a How we should deal with uncertainties in future performance\\u000a \\u000a \\u000a \\u000a \\u000a – \\u000a \\u000a How we should balance project risk management and corporate portfolio perspectives\\u000a \\u000a \\u000a \\u000a \\u000a – \\u000a \\u000a How we

Terje Aven

12

Project Risk Management Phases  

Microsoft Academic Search

Risk management is the human activity which integrates recognition of risk, risk assessment, developing strategies to manage it, and mitigation of risk using managerial resources. Notwithstanding the domain of activities where they are conducted, projects often entail risks, and risk management has been widely recognized as a success factor in project management. Following a concept clarification on project risk management,

Claudiu-George BOCEAN

2008-01-01

13

Risk management and management accounting  

Microsoft Academic Search

The traditional approach to risk and risk management is based on a rational model of decision making, adapted to include probabilities of identified events. Management accounting attempts to incorporate elements of risk and uncertainty into decision taking, objectifying and quantifying risk. The treatment of risk in management accounting models are reviewed - decision trees, CVP analysis, discounted cash flow analysis,

Stewart Lawrence; Ruiting Ba

14

Fuzzy modeling of system behavior for risk and reliability analysis  

Microsoft Academic Search

The main objective of the article is to permit the reliability analyst's\\/engineers\\/managers\\/practitioners to analyze the failure behavior of a system in a more consistent and logical manner. To this effect, the authors propose a methodological and structured framework, which makes use of both qualitative and quantitative techniques for risk and reliability analysis of the system. The framework has been applied

Rajiv Kumar Sharma; Dinesh Kumar; Pradeep Kumar

2008-01-01

15

Reevaluating Interrater Reliability in Offender Risk Assessment  

ERIC Educational Resources Information Center

|Offender risk and needs assessment, one of the pillars of the risk-need-responsivity model of offender rehabilitation, usually depends on raters assessing offender risk and needs. The few available studies of interrater reliability in offender risk assessment are, however, limited in the generalizability of their results. The present study…

van der Knaap, Leontien M.; Leenarts, Laura E. W.; Born, Marise Ph.; Oosterveld, Paul

2012-01-01

16

Managing Risks  

ERIC Educational Resources Information Center

|Colleges and universities face a wide range of environmental risk. In spite of this, with proper planning, they can avoid emergencies or surprises. Advanced planning, coupled with strategic, technical environmental and legal advice, enable higher-education institutions to keep their environmental budgets under control and predictable. This…

Osborn, John E.

2006-01-01

17

Risk Management: Managing Risk in the Future.  

ERIC Educational Resources Information Center

The future of risk management programs will include new information and communication systems, new training tools, improved information sources, and support from the business community for increasing the knowledge and ability of camp staff to manage risks. Describes legal and societal challenges that will influence camps' effectiveness in managing

Schirick, Ed

1994-01-01

18

Asset management, risk, and distribution system planning  

Microsoft Academic Search

Asset management is the art of balancing cost, performance, and risk. Viewed in this way, it has profound implications on distribution system planning, since traditional approaches balance only cost and performance without regard to risk. This paper examines distribution system planning in the context of reliability, risk, and asset management. It begins by providing an overview of asset management and

Richard E. Brown; John H. Spare

2004-01-01

19

Risk management systems engineering  

Microsoft Academic Search

A major purpose of the systems management function is to implement the strategic plan of the organization so as to provide a total quality approach, including associated risk management. The author examines a number of issues related to risk management. Systems engineering processes are inherently subject to risks of a variety of types. When risks materialize, they usually manifest themselves

Andrew P. Sage

1995-01-01

20

Methodology for allocating reliability and risk  

SciTech Connect

This report describes a methodology for reliability and risk allocation in nuclear power plants. The work investigates the technical feasibility of allocating reliability and risk, which are expressed in a set of global safety criteria and which may not necessarily be rigid, to various reactor systems, subsystems, components, operations, and structures in a consistent manner. The report also provides general discussions on the problem of reliability and risk allocation. The problem is formulated as a multiattribute decision analysis paradigm. The work mainly addresses the first two steps of a typical decision analysis, i.e., (1) identifying alternatives, and (2) generating information on outcomes of the alternatives, by performing a multiobjective optimization on a PRA model and reliability cost functions. The multiobjective optimization serves as the guiding principle to reliability and risk allocation. The concept of ''noninferiority'' is used in the multiobjective optimization problem. Finding the noninferior solution set is the main theme of the current approach. The final step of decision analysis, i.e., assessment of the decision maker's preferences could then be performed more easily on the noninferior solution set. Some results of the methodology applications to a nontrivial risk model are provided, and several outstanding issues such as generic allocation, preference assessment, and uncertainty are discussed. 29 refs., 44 figs., 39 tabs.

Cho, N.Z.; Papazoglou, I.A.; Bari, R.A.

1986-05-01

21

77 FR 30517 - Electricity Subsector Cybersecurity Risk Management Process  

Federal Register 2010, 2011, 2012, 2013

...DEPARTMENT OF ENERGY Electricity Subsector Cybersecurity Risk Management Process AGENCY: Office of Electricity Delivery and Energy Reliability...Department of Energy (DOE) of the Electricity Subsector Cybersecurity Risk...

2012-05-23

22

Software Risk Management  

Microsoft Academic Search

Although software risk management is not yet a fully articulated discipline, its contributions to date have helped many software projects avoid devastating pitfalls and reach successful conclusions. The techniques of risk assessment and risk control outlined here stimulate a \\

Barry W. Boehm

1989-01-01

23

Reliability-based assessment of ageing bridges using risk ranking and life cycle cost decision analyses  

Microsoft Academic Search

Information about present and anticipated bridge reliabilities, in conjunction with decision models, provides a rational and powerful decision-making tool for the structural assessment of bridges. For assessment purposes, an updated reliability (after an inspection) may be used for comparative or relative risk purposes. This may include the prioritisation of risk management measures (risk ranking) for inspection, maintenance, repair or replacement.

Mark G Stewart

2001-01-01

24

Risk Management Plan  

SciTech Connect

The purpose of this Risk Management Plan (RMP) is to establish the concept and define the process to assure that National Nuclear Security Administration Nevada Operations Office Environmental Management (NNSA/NV EM) programs and projects incorporate appropriate, efficient, cost-effective measures to mitigate the impact of program-and/or project-related risks. In addition, it describes the roles and responsibilities of program personnel in performing the risk management functions, and defines reporting and tracking requirements for risk-related information. The product of this risk analysis will be a risk analysis report listing the various risks with their classification, mitigation and handling strategies, impact on cost and schedule, and action items. The risk management process will identify potential risk sources; assess individual risks and impacts on performance, cost, and schedule; evaluate alternative approaches to mitigate high and moderate risks; develop action plans to handle individual risks; and interface risks with other programs and/or projects. Risk management and risk assessment will be consistent with DOE Orders 430.1 and 413.3 and their associated guidance documentation. The RMP will remain valid for the life cycle of the program and/or projects and will be under configuration control with revisions to be conducted as required and approved.

G. R. Stephenson

2001-12-01

25

Communicating Risk to Program Managers.  

National Technical Information Service (NTIS)

Program Managers (PM) can protect program resources and improve chances of success by anticipating, understanding and managing risks. Understanding the range of potential risks helps one to avoid or manage the risks. A PM must choose which risks to accept...

C. H. Shivers

2005-01-01

26

Failures in risk management  

Microsoft Academic Search

Risk management has received increasing attention in recent years, both from academics and from practitioners. The heightened interest is the result of a number of coincident secular trends, including increased investment in volatile emerging markets and the growing role of capital markets in both developed and emerging economies, as well as the introduction of volatile financial innovations. Risk management has

Ralph C. Kimball

2000-01-01

27

Risk management planning handbook  

SciTech Connect

Subtitled ``A Comprehensive Guide to Hazard Assessment, Accidental Release Prevention and Consequence Analysis,`` this new book will help companies be prepared to meet the mid-1999 deadline for Risk Management Plan submission. The book offers specific, cost-effective recommendations on preparing and implementing risk management programs, identifying worst-case emissions using what if computer modeling.

Greenway, R.

1998-12-31

28

Application of reliability analysis in bridge management  

Microsoft Academic Search

This paper describes the use of reliability analysis by the Highways Agency of the Department of Transport, United Kingdom, in developing various aspects of its bridge management procedures. There have been pioneering use of the technique for developing the whole life assessment of bridges, bridge and traffic assessment loading criteria and load history based assessment rules. The paper also discusses

Parag C Das

1998-01-01

29

A reliability-based bridge management concept  

Microsoft Academic Search

Since 2004, the Autonomous Province of Trento, Italy, has adopted a Bridge Management System entirely based on reliability concepts. The system operates on the web, and includes sections for (1) condition state evaluation, (2) safety assessment, and (3) prioritization. Condition appraisal is based on visual inspections, and acknowledges the general rules of the AASHTO Commonly Recognized Standard Element system. Normally,

D. Zonta; R. Zandonini; F. Bortot

2007-01-01

30

DIRAC: reliable data management for LHCb  

NASA Astrophysics Data System (ADS)

DIRAC, LHCb's Grid Workload and Data Management System, utilizes WLCG resources and middleware components to perform distributed computing tasks satisfying LHCb's Computing Model. The Data Management System (DMS) handles data transfer and data access within LHCb. Its scope ranges from the output of the LHCb Online system to Grid-enabled storage for all data types. It supports metadata for these files in replica and bookkeeping catalogues, allowing dataset selection and localization. The DMS controls the movement of files in a redundant fashion whilst providing utilities for accessing all metadata. To do these tasks effectively the DMS requires complete self integrity between its components and external physical storage. The DMS provides highly redundant management of all LHCb data to leverage available storage resources and to manage transient errors in underlying services. It provides data driven and reliable distribution of files as well as reliable job output upload, utilizing VO Boxes at LHCb Tier1 sites to prevent data loss. This paper presents several examples of mechanisms implemented in the DMS to increase reliability, availability and integrity, highlighting successful design choices and limitations discovered.

Smith, A. C.; Tsaregorodtsev, A.

2008-07-01

31

Risk Management Framework.  

National Technical Information Service (NTIS)

Although most programs and organizations use risk management when developing and operating software-reliant systems, preventable failures continue to occur at an alarming rate. In many instances, the root causes of these preventable failures can be traced...

A. J. Dorofee C. J. Alberts

2010-01-01

32

Managing Employee Compensation Risk  

Microsoft Academic Search

We analyze a principal-agent model in which the principal (e.g., shareholders) and the agent (e.g., an employee) can personally\\u000a trade securities tied to the outcome of an uncontrollable event affecting output. The model is employed to address two questions.\\u000a First, under what conditions does compensation risk management at the individual level substitute for compensation risk management\\u000a at the firm level?

Paul E. Fischer

2000-01-01

33

Today's School Risk Manager  

ERIC Educational Resources Information Center

School districts are held accountable not only for the monies that contribute to the education system but also for mitigating any issues that threaten student learning. Some school districts are fortunate to have professional risk managers on staff who can identify and control the many risks that are unique to school systems. Most schools,…

Johnson, Cheryl P.; Levering, Steve

2009-01-01

34

Ethics and Risk Management.  

National Technical Information Service (NTIS)

For more than a decade, some of us have been involved in discussions and arguments about the ethics of risk management. part of the debate has been about the methods and applications of prescriptive analysis in making decisions involving public risk. By '...

D. MacLean

1993-01-01

35

Risk management in surgery.  

PubMed

Malpractice is the responsible for the greatest number of legal claims. At the present time, legal actions against physicians in Italy are 15,000 per year, and a stunning increase about costs to refund patients injured by therapeutic and diagnostic errors is expected. The method for the medical prevention is "Risk Management", that is the setting-up of organizational instruments, methods and actions that enable the measurement or estimation of medical risk; it allows to develop strategies to govern and reduce medical error. In the present work, the reconstruction about the history of risk management in Italy was carried out. After then the latest initiatives undertaken by Italy about the issue of risk management were examined. PMID:24091181

Messano, G A; Spaziani, E; Turchetta, F; Ceci, F; Corelli, S; Casciaro, G; Martellucci, A; Costantino, A; Napoleoni, A; Cipriani, B; Nicodemi, S; Di Grazia, C; Mosillo, R; Avallone, M; Orsini, S; Tudisco, A; Aiuti, F; Stagnitti, F

36

Air quality risk management.  

PubMed

Rather than attempt to provide a comprehensive account of air quality risk assessment, as might be found in a textbook or manual, this article discusses some issues that are of current importance in the United Kingdom and the rest of Europe, with special emphasis on risk assessment in the context of policy formulation, and emerging scientific knowledge. There are two pollutants of particular concern and that both pose challenges for risk assessment and policy, and they are particulate matter (PM) and ozone. The article describes some issues for health risk assessment and finally some forward-looking suggestions for future approaches to air quality management. PMID:18080888

Williams, Martin L

2008-01-01

37

House Price Risk - Some Risk Management Strategies  

Microsoft Academic Search

As property is the most valuable asset for many home owners, house price risk is relevant to a large number of households. Two factors impacting this risk are the high leverage on the assets and the volatility of housing prices. This paper discusses different strategies for house price risk management in a three-step approach. First, eleven risk management strategies are

Max Neukirchen; Helen Lange

38

MAINTENANCE RISK MANAGEMENT IN DAYABAY NUCLEAR POWER PLANT  

Microsoft Academic Search

The importance of proper maintenance to safe and reliable nuclear plant operation has long been recognized by the nuclear utility and regulatory body. This paper presents a process of maintenance risk management developed for a Chinese Nuclear Power Plant (NPP). The process includes three phases: (I) long term maintenance plan risk management, (II) monthly maintenance plan risk management, and (III)

Xuhong HE; Jiejuan TONG

39

Sexual assault consultations - from high risk to high reliability.  

PubMed

The sexual assault consultation is a high-risk procedure with the potential for errors resulting in harm to both patients and staff. As such, it can be likened to practices in highrisk industries such as aviation and surgery. In contrast to these domains however, the focus on performance safety and Threat and Error Management has not been widely adopted. This is despite a growing recognition of the vulnerabilities of the investigative and prosecutorial stages of alleged sexual assaults. In the context of “high risk” sexual assault consultations, the notion of safety refers not only to the risk of patient morbidity and mortality, but also to physical, psychological and judicial outcomes that affect patients, staff, and the wider community. This article identifies the latent threats present in sexual assault consultations and suggests a conceptual framework for application of Threat and Error Management in this specialised area of medicine. This will enable practitioners to be better equipped to recognise the risks and improve the performance and safety of sexual assault consultation processes. In an era of growing medicolegal concerns regarding issues such as environmental safety and the potential for contamination of cases, focussing on education and safety culture components within the investigative systems will allow sexual assault consultation processes to progress towards a new level of organisational reliability. PMID:22281211

Cunningham, Nicola

2011-12-30

40

Investment Risk Management of Enterprise  

Microsoft Academic Search

With the development of market economy, increasing investment of Chinese enterprises, investment risk management is more important. In this paper, with two aspects, securities investment and industrial investment, analyzed, propose some the methods of risk management. Risk management in securities investment: Analyze the investment environment and forecast various types of securities trend; Make use of portfolio for risk diversification; Use

Xiaobin Qiu; Wenxing Wu

2011-01-01

41

MORT (Management Oversight and Risk Tree) based risk management  

Microsoft Academic Search

Risk Management is the optimization of safety programs. This requires a formal systems approach to hazards identification, risk quantification, and resource allocation\\/risk acceptance as opposed to case-by-case decisions. The Management Oversight and Risk Tree (MORT) has gained wide acceptance as a comprehensive formal systems approach covering all aspects of risk management. It (MORT) is a comprehensive analytical procedure that provides

1990-01-01

42

Risk management frameworks for human health and environmental risks.  

PubMed

A comprehensive analytical review of the risk assessment, risk management, and risk communication approaches currently being undertaken by key national, provincial/state, territorial, and international agencies was conducted. The information acquired for review was used to identify the differences, commonalities, strengths, and weaknesses among the various approaches, and to identify elements that should be included in an effective, current, and comprehensive approach applicable to environmental, human health and occupational health risks. More than 80 agencies, organizations, and advisory councils, encompassing more than 100 risk documents, were examined during the period from February 2000 until November 2002. An overview was made of the most important general frameworks for risk assessment, risk management, and risk communication for human health and ecological risk, and for occupational health risk. In addition, frameworks for specific applications were reviewed and summarized, including those for (1)contaminated sites; (2) northern contaminants; (3) priority substances; (4) standards development; (5) food safety; (6) medical devices; (7) prescription drug use; (8) emergency response; (9) transportation; (10) risk communication. Twelve frameworks were selected for more extensive review on the basis of representation of the areas of human health, ecological, and occupational health risk; relevance to Canadian risk management needs; representation of comprehensive and well-defined approaches; generalizability with their risk areas; representation of "state of the art" in Canada, the United States, and/or internationally; and extent of usage of potential usage within Canada. These 12 frameworks were: 1. Framework for Environmental Health Risk Management (US Presidential/Congressional Commission on Risk Assessment and Risk Management, 1997). 2. Health Risk Determination: The Challenge of Health Protection (Health and Welfare Canada, 1990). 3. Health Canada Decision-Making Framework for Identifying, Assessing and Managing Health Risks (Health Canada, 2000). 4. Canadian Environmental Protection Act: Human Health Risk Assessment of Priority Substances(Health Canada, 1994). 5. CSA-Q8550 Risk Management: Guidelines for Decision-Makers (Canada Standards Association, 1997). 6. Risk Assessment in the Federal Government: Managing the Process (US National Research Council, 1983). 7. Understanding Risk: Informing Decisions in a Democratic Society (US National Research Council, 1996). 8. Environmental Health Risk Assessment (enHealth Council of Australia, 2002). 9. A Framework for Ecological Risk Assessment (CCME, 1996). 10. Ecological Risk Assessments of Priority Substances Under the Canadian Environmental Protection Act (Environment Canada, 1996).11. Guidelines for Ecological Risk Assessment (US EPA, 1998b). 12. Proposed Model for Occupational Health Risk Assessment and Management (Rampal & Sadhra, 1999). Based on the extensive review of these frameworks, seven key elements that should be included in a comprehensive framework for human health, ecological, and occupational risk assessment and management were identified: 1. Problem formulation stage. 2. Stakeholder involvement. 3. Communication. 4. Quantitative risk assessment components. 5. Iteration and evaluation. 6. Informed decision making. 7. Flexibility. On the basis of this overarching approach to risk management, the following "checklist" to ensure a good risk management decision is proposed: - Make sure you're solving the right problem. - Consider the problem and the risk within the full context of the situation, using a broad perspective. - Acknowledge, incorporate, and balance the multiple dimensions of risk. - Ensure the highest degree of reliability for all components of the risk management process. - Involve interested and effected parties from the outset of the process. - Commit to honest and open communication between all parties. - Employ continuous evaluation throughout the process (formative, process, and outcome evaluation), and be prepared t

Jardine, Cindy; Hrudey, Steve; Shortreed, John; Craig, Lorraine; Krewski, Daniel; Furgal, Chris; McColl, Stephen

43

Using Risk Analysis to Manage Terrorism Risk  

Microsoft Academic Search

The primary focus of research at RAND Corporation has been to apply tools from disciplines of risk and decision analysis to support risk management challenges salient to the national homeland security enterprise. Over the past year, this work has been directed towards three related efforts: Applying risk analysis to support intelligence analysis Comparing risks in the homeland security mission space

Henry H. Willis

2010-01-01

44

Credit Derivatives and Risk Management.  

National Technical Information Service (NTIS)

The striking growth of credit derivatives suggests that market participants find them to be useful tools for risk management. I illustrate the value of credit derivatives with three examples. A commercial bank can use credit derivatives to manage the risk...

M. S. Gibson

2007-01-01

45

Modeling the reliability and predictive validity of risk assessment in child protective services  

Microsoft Academic Search

In a time of shrinking resources policy makers and administrators in Child Protective Services are increasingly turning to tools such as structured risk assessment to manage service demand. The reliability and predictive validity of risk assessment is questionable, however, and concerns continue about the validity of using lists of explicit criteria in protective services decision-making. In this research the issues

Michael J. Camasso; Radha Jagannathan

2000-01-01

46

Risk-Reliability Programming for Optimal Water Quality Control  

Microsoft Academic Search

A risk-reliability programming approach is developed for optimal allocation of releases for control of water quality downstream of a multipurpose reservoir. Additionally, the approach allows the evaluation of optimal risk\\/reliability values. Risk is defined as a probability of not satisfying constraints given in probabilistic form, e.g., encroachment of water quality reservation on that for flood control. The objective function includes

Slobodan P. Simonovic; Gerald T. Orlob

1984-01-01

47

National Ignition Facility Risk Management Plan  

SciTech Connect

The NIF Risk Management Plan has been prepared in accordance with the DOE Life Cycle Asset Management Good Practice Guide to support Critical Decision 3 of the NIF Project. The objectives of the plan are to: 1) identify the risks to the completion of the Project in terms of meeting technical and regulatory requirements, cost, and schedule, 2) assess the risks in terms of likelihood of occurrence and their impact potential relative to technical performance, ES&H (environment, safety and health), costs, and schedule, and 3) address each identified risk in terms of suitable risk mitigation measures. The documents that form the basis for this risk assessment are as follows: 1. Final Programmatic Environmental Impact Statement for Stockpile Stewardship and Management (DOE, 1996a) and Record of Decision (DOE, 1996b), 2. Preliminary Hazards Analysis (Brereton, 1993), 3. Fire Hazards Analysis (Jensen, 1997), 4. Preliminary Safety Analysis Report (LLNL, 1996a), 5. Reliability, Availability and Maintainability Report, 6. Radiation Protection Evaluation, 7. Primary Criteria and Functional Requirements (LLNL, 1996b), 8. Project Execution Plan (DOE, 1996c), 9. Schedule Risk Assessment, 10. Construction Safety Program (LLNL, 1997), 11. Title I Design Media, 12. Congressional Data Sheet. The process used in developing this plan was to form a Risk Assessment team of knowledgeable project personnel. This included: Assurances Manager, Systems Integration Manager, Project Control Manager, a Risk Management consultant, Deputy Associate Project Engineer for Activation and Start-up (Co-chairperson), and Lead Engineer for Safety Analysis (Co-chairperson). They were familiar with the risk basis documents and developed a list of the key risk elements. A methodology for assigning likelihoods, consequences, and risks was developed. Risk elements were then reviewed, and likelihoods, consequences, and risks were assigned. Risk mitigation measures were then developed. Comments were obtained, resolved and incorporated, and this document presents the results of the assessment.

Brereton, S.J.

1997-02-01

48

Risk Management Principles for Nanotechnology  

Microsoft Academic Search

Risk management of nanotechnology is challenged by the enormous uncertainties about the risks, benefits, properties, and future\\u000a direction of nanotechnology applications. Because of these uncertainties, traditional risk management principles such as acceptable\\u000a risk, cost–benefit analysis, and feasibility are unworkable, as is the newest risk management principle, the precautionary\\u000a principle. Yet, simply waiting for these uncertainties to be resolved before undertaking

Gary E. Marchant; Douglas J. Sylvester; Kenneth W. Abbott

2008-01-01

49

Manual of Educational Risk Management.  

ERIC Educational Resources Information Center

This is the first risk management publication for school administrators that attempts to be comprehensive by addressing all potential areas of risk to school districts and offering specific guidelines on how to manage those areas. Chapter 1 gives directions on how to use the manual. Chapter 2 contains a complete overview of risk management,…

Cody, Frank J.; Dise, John H., Jr.

50

Risk Management in Banks: The AHP way  

Microsoft Academic Search

Risk is inherent in every walk of life. Banks are, by definition, in the business of taking and managing risk. The paper deals with the study of Risks associated with commercial banks like risk revolving on capital, credit risk, market risk, liquidity risk, earnings risk, business strategy risk, environmental risk, operational risk, group risk, internal control risk, organizational risk, management

Diksha Arora

51

Risk mitigation of reliability-critical items  

Microsoft Academic Search

During the development of new and complex electronic products, the developer identifies high-risk components by listing those components that could generate project risk based on past experience, also adding those new components with limited history. These critical items are key to product performance and, therefore, are an area of major concern during product development. Critical items are issues not totally

D. R. Hoffman; Marvin Roush

1999-01-01

52

Nanomaterial Risk Assessment and Risk Management  

Microsoft Academic Search

Managing emerging risks, such as those posed by nanotechnology, is a challenge that requires carefully balancing largely unknown\\u000a benefits and risks. Here we review current nanomaterial risk management frameworks and related documents, with a focus on\\u000a identifying and assessing gaps in their coverage. We do so using a regulatory pyramid, with self-regulation at the pyramid base and prescriptive legislation at

I. Linkov; F. K. Satterstrom

53

Risk and reliability assessment for telecommunications networks  

SciTech Connect

Sandia National Laboratories has assembled an interdisciplinary team to explore the applicability of probabilistic logic modeling (PLM) techniques to model network reliability for a wide variety of communications network architectures. The authors have found that the reliability and failure modes of current generation network technologies can be effectively modeled using fault tree PLM techniques. They have developed a ``plug-and-play`` fault tree analysis methodology that can be used to model connectivity and the provision of network services in a wide variety of current generation network architectures. They have also developed an efficient search algorithm that can be used to determine the minimal cut sets of an arbitrarily-interconnected (non-hierarchical) network without the construction of a fault tree model. This paper provides an overview of these modeling techniques and describes how they are applied to networks that exhibit hybrid network structures (i.e., a network in which some areas are hierarchical and some areas are not hierarchical).

Wyss, G.D.; Schriner, H.K.; Gaylor, T.R.

1996-08-01

54

Using Risk Analysis to Manage Terrorism Risk  

Microsoft Academic Search

The primary focus of the research RAND Corporation has been to develop new tools for analyzing the benefits of terrorism risk management efforts and apply risk analysis to problems of relevance to the Department of Homeland Security (DHS). This work has been directed towards three efforts: Developing tools to structure the use of risk analysis in intelligence operations Assessing the

Henry H. Willis

2009-01-01

55

Annotated Bibliography of Reliability and Risk Data Sources.  

National Technical Information Service (NTIS)

The document is an annotated bibliography of nuclear, nonnuclear, and foreign data sources that are useful in nuclear power plant reliability and risk analysis applications. A brief description of the contents, areas of usefulness, access information, and...

O. V. Hester S. R. Brown C. D. Gentillon

1988-01-01

56

Eastern European risk management  

SciTech Connect

Here the authors assess Eastern European risk management practices through the evaluation of the nuclear power plants in the region. This evaluation is limited to the Soviet-designed and -built VVER-440 pressurized water reactors (PWRs) that are currently operating in Bulgaria, Czechoslovakia, Hungary, Russia, and the Ukraine and until recently operated at Greifswald in the former East Germany. This evaluation is based on the basic design of the plants, a safety evaluation of the Greifswald facility by representatives from the Federal Republic of Germany and personal visits by the author to Greifswald and Loviisa.

Honey, J.A. (American Nuclear Insurers, Farmington, CT (United States))

1992-01-01

57

Forecast Ensemble Reliability Assessment and Uncertainty Management for Reservoir Systems  

NASA Astrophysics Data System (ADS)

Reservoir systems are subject to several uncertainties that are the result of imperfect knowledge about system behavior and inputs. A major source of uncertainty is the inability to precisely predict future inflows, especially as the management horizon increases. Fortunately, there often exists enough information from historical records and/or hydroclimatic models to generate probabilistic forecasts of inflow volumes in the form of probability density functions or ensembles. These inflow forecasts can be coupled with stochastic management models to help operate reservoir systems and provide stakeholders with probabilistic forecasts of system variables, such as reservoir storages, releases, hydropower production, water withdrawals, and water quality parameters. It is important for forecasts to provide dependable descriptions of the actual system variables that eventually occur since consistently misrepresenting these variables will provide inadequate or misleading information about expected benefits and risks. The first part of this study presents an assessment technique that can be used to determine the reliability of one and multi-dimensional ensemble forecasts through the use of relative frequency histograms and minimum spanning trees (MST). The technique is then used to assess the extended Gaussian linear quadrature (ELQG) management model and determine its ability to produce reliable ensemble forecast of reservoir system variables. Extensions of the existing model are discussed and evaluated. The second portion of this study concerns the management of the uncertainty distribution across a reservoir system. The large majority of stochastic management models only consider optimizing the expected benefits, thereby not allowing operators and stakeholders to explicitly choose or explore issues such as variable variability and risk avoidance. An iterative framework that allows stakeholders to trade-off risks and uncertainties is developed by using objective function reformulations that constrain variable variances. This framework can be used to derive different management policies that produce desired probabilistic behaviors of the entire reservoir system or its individual sub-components and objectives. The methods developed in this study are illustrated on real reservoir systems including a 7-reservoir multi-objective system in California's Central Valley.

Kistenmacher, M.; Georgakakos, A. P.

2011-12-01

58

Risk Management for Software Projects  

Microsoft Academic Search

There is little to instruct software project managers on how to handle risk in a way that ensures the success of contingency planning and avoids crisis. This seven-step procedure describes how to identify risk factors, calculate their probability and effect on a project, and plan for and conduct risk management

Richard E. Fairley

1994-01-01

59

Managing demographic risk.  

PubMed

In developed nations, the workforce is aging rapidly. That trend has serious implications. Companies could face severe labor shortages in a few years as workers retire, taking critical knowledge with them. Businesses may also see productivity decline among older employees, especially in physically demanding jobs. The authors, partners at Boston Consulting Group, offer managers a systematic way to assess these dual threats--capacity risk and productivity risk--at their companies. It involves studying the age distribution of their employees to see if large percentages fall within high age brackets and then projecting--by location, unit, and job category--how the distribution will change over the next 15 years. Managers must also factor in both the impact of strategic moves on personnel needs and the future supply of workers in the market. When RWE Power analyzed its trends, the company learned that in 2018 almost 80% of its workers would be over 50. What's more, in certain critical areas its labor surplus was about to become a sizable shortfall. For instance, a shortage of specialized engineers would develop in the company just as their ranks in the job market thinned and competition to hire them intensified. Reversing its downsizing course, RWE Power took steps to increase its supply of workers in those key positions. The authors show how companies that face talent gaps, as RWE Power did, can close them through training, transfers, recruitment, retention, productivity improvements, and outsourcing. They also describe measures that companies can take to keep older workers productive, including workplace accommodations, revised compensation structures, performance incentives, and targeted health care management. The key is to identify and address potential problems early. Firms that do so will gain an edge on rivals that are still relentlessly focused on reducing head count. PMID:18314640

Strack, Rainer; Baier, Jens; Fahlander, Anders

2008-02-01

60

Managing gas supply risk  

SciTech Connect

The natural gas market has begun to resemble other commodities markets as a result of the industry's relentless move toward competition. And like other commodities markets, natural gas is characterized by wide price fluctuations. Hedging is essential to well-functioning commodities markets as a means of managing price fluctuations using derivatives like futures, forwards, swaps, and options that can be combined or used separately, depending on need and preference. The prevailing form of rate regulation and gas-cost recovery has not provided adequate incentives for local gas distribution companies (LDCs) to hedge their gas supply. Currently, the cost of gas is recovered at cost with no profit; however, regulatory reforms and the profit motive are changing this. With the implementation of Federal Energy Regulatory Commission (FERC) Order 636, the shift in roles of participants in the natural gas market is nearly complete. Pipelines that were once full-service merchants are now passive common carriers; LDCs are now fully responsible for all aspects of their supply portfolio and face increasing business risks as a consequence. This change requires LDCs to deviate from past business practices and will encourage hedging to address changing risk. Hedging is not foreign to LDCs. Some LDC financial managers use interest-rate swaps as a part of their financing program; others hedge their cash and long-term investment portfolios with interest-rate futures. Gas supply managers are also familiar with hedging since nonregulated marketing affiliates use gas swaps and futures (as do nonaffiliated suppliers). In addition, their suppliers offer hedging as part of a complete package of supply services.

Walker, H. III (AUS Consultants, Moorestown, NJ (United States))

1994-03-01

61

Risk ManagementManaging Risks, not Calculating Them  

Microsoft Academic Search

The expected utility approach to decision making advocates a probability vision of the world and labels any deviation from it ‘irrational’. This paper reconsiders the rationality argument and argues that calculating risks is not a viable strategy in an uncertain world. Alternative strategies not only can save considerable cognitive and computational resources, but are more ‘rational’ with view to the

Philip Kostov; John Lingard

2004-01-01

62

A Risk Management Methodology for Project Risk Dependencies  

Microsoft Academic Search

Project risks are not always independent, yet current risk management practices do not clearly manage dependencies between risks. If dependencies can be explicitly identified and analyzed, project managers will be able to develop better risk management strategies and make more effective risk planning decisions. This paper proposes a management methodology to address risk dependency issues. Through the study of three

Tak Wah Kwan; Hareton K. N. Leung

2011-01-01

63

Improving Information Security Risk Management  

ERIC Educational Resources Information Center

|manaOptimizing risk to information to protect the enterprise as well as to satisfy government and industry mandates is a core function of most information security departments. Risk management is the discipline that is focused on assessing, mitigating, monitoring and optimizing risks to information. Risk assessments and analyses are critical…

Singh, Anand

2009-01-01

64

Challenges to sustainable risk management  

SciTech Connect

This paper summarizes the intermediate lessons learned from the analyses of the risk management problems in three technological endeavors. These problems are: the absence of a structure for rewarding successful project risk management; the need for an ever-more accurate economic measure of risk; and the difficulty of transferring risks to contract-bound independent outsourcing entity. This paper also describes recent advancement towards providing answers to these challenges and future research endeavors in this field.

Pinto, Ariel C., Aurora, Ashish, Hall, Dennis E.,

2004-08-09

65

The reliable distributed network management platform  

Microsoft Academic Search

Outgrowth of the development of distributed computer environment has caused local resources to be connected and shared by means of networks. A user can utilize far much efficiently way through the networks. Without effective network management, a user can not user them efficiently. It will lead to inefficient computing work. Currently, SNMP (Simple Network Management Protocol) and CMIP (Common Management

Sangjoon Ahn; Sunyoung Han; Wooyong Han; Jung-chan Na

1995-01-01

66

Calysto: Risk Management for Commercial Manned Spaceflight.  

National Technical Information Service (NTIS)

The Calysto: Risk Management for Commercial Manned Spaceflight study analyzes risk management in large enterprises and how to effectively communicate risks across organizations. The Calysto Risk Management tool developed by NASA's Kennedy Space Center's S...

G. Dillaman

2012-01-01

67

Risk management practices in IT outsourcing projects  

Microsoft Academic Search

Risk management in IT outsourcing projects is a process of identifying, analyzing, controlling and reducing risks in IT outsourcing projects life cycle. Risk management is important as the practices of risk management will reduce the risks thus lead to success in IT outsourcing projects. Risk management should be conducted in IT outsourcing as it will foresee risks that might disturb

Syaripah Ruzaini Syed Aris; Noor Habibah Arshad; Azlinah Mohamed

2008-01-01

68

Health and Safety Management System Audit Reliability Pilot Project  

Microsoft Academic Search

This pilot study assessed occupational health and safety (OHS) management system audit finding reliability using a modified test–retest method. Two industrial hygienists with similar training and education conducted four, 1-day management system audits in four dissimilar organizational environments. The researchers examined four auditable sections (employee participation, training, controls, and communications) contained in a publicly available OHS management system assessment instrument.

D. T. Dyjack; C. F. Redinger; R. S. Ridge

2003-01-01

69

Risk management for the Space Exploration Initiative  

NASA Astrophysics Data System (ADS)

Probabilistic Risk Assessment (PRA) is a quantitative engineering process that provides the analytic structure and decision-making framework for total programmatic risk management. Ideally, it is initiated in the conceptual design phase and used throughout the program life cycle. Although PRA was developed for assessment of safety, reliability, and availability risk, it has far greater application. Throughout the design phase, PRA can guide trade-off studies among system performance, safety, reliability, cost, and schedule. These studies are based on the assessment of the risk of meeting each parameter goal, with full consideration of the uncertainties. Quantitative trade-off studies are essential, but without full identification, propagation, and display of uncertainties, poor decisions may result. PRA also can focus attention on risk drivers in situations where risk is too high. For example, if safety risk is unacceptable, the PRA prioritizes the risk contributors to guide the use of resources for risk mitigation. PRA is used in the Space Exploration Initiative (SEI) Program. To meet the stringent requirements of the SEI mission, within strict budgetary constraints, the PRA structure supports informed and traceable decision-making. This paper briefly describes the SEI PRA process.

Buchbinder, Ben

1993-01-01

70

Risk Management Strategies for Banks  

Microsoft Academic Search

We analyze optimal risk management strategies of a bank financed with deposits and equity in a one period model. The bank's motivation for risk management comes from deposits which can lead to bank runs. In the event of such a run, liquidation costs arise. The hedging strategy that maximizes the value of equity is derived. We identify conditions under which

Wolfgang Bauer; Marc Ryser

2002-01-01

71

High Reliability and the Management of Critical Infrastructures  

Microsoft Academic Search

Organisation theorists and practitioners alike have become greatly interested in high reliability in the management of large hazardous technical systems and society's critical service infrastructures. But much of the reliability analysis is centred in particular organisations that have command and control over their technical cores. Many technical systems, including electricity generation, water, telecommunications and other “critical infrastructures,” are not the

Paul Schulman; Emery Roe; Michel van Eeten; Mark de Bruijne

2004-01-01

72

Credit-based dynamic reliability management using online wearout detection  

Microsoft Academic Search

As circuit geometries continue to shrink, and supply voltages remain relatively constant, circuit wearout becomes a concern. We propose that the relative reliability of the circuits of a processor be exposed to the operating system, and be managed by a credit-based wearout monitor. This wearout monitor receives dynamic updates of the reliability of circuits through the use of stability detector

John Oliver; Rajeevan Amirtharajah; Venkatesh Akella; Frederic T. Chong

2008-01-01

73

MORT (Management Oversight and Risk Tree) based risk management  

SciTech Connect

Risk Management is the optimization of safety programs. This requires a formal systems approach to hazards identification, risk quantification, and resource allocation/risk acceptance as opposed to case-by-case decisions. The Management Oversight and Risk Tree (MORT) has gained wide acceptance as a comprehensive formal systems approach covering all aspects of risk management. It (MORT) is a comprehensive analytical procedure that provides a disciplined method for determining the causes and contributing factors of major accidents. Alternatively, it serves as a tool to evaluate the quality of an existing safety system. While similar in many respects to fault tree analysis, MORT is more generalized and presents over 1500 specific elements of an ideal ''universal'' management program for optimizing occupational safety.

Briscoe, G.J.

1990-02-01

74

Risk management at Argonne National Laboratory  

SciTech Connect

The only facility at Argonne National Laboratory which is classified as high hazard is EBR-II. A Level I Probabilistic Risk Assessment (PRA), including external events, has been completed for EBR-II. There were several objectives for this project; to provide a quantitative estimate of the risk associated with the operation of EBR-II, to provide a framework for managerial decision-making for the management of risk at the facility, and to provide insights into the nature of the risk of EBR-II that can be applied in the design of future LMRS. Other ANL facilities do not have complete probabilistic assessments. Despite this fact, Risk Management is an essential part of ANL`s approach to safety and operations. Risk management at Argonne National Laboratory is not limited to accelerator or nuclear facilities. It is also an integral part of construction activities. The Advanced Photon Source, a major construction project at the Laboratory, utilizes a variety of risk assessment techniques to identify potential construction loss exposures and to develop measures to eliminate them. Over the past 15 years, in excess of 15,000 pages of regulatory requirements pertaining to environment safety and health have been printed in the Federal Register. Not all of these are applicable to Argonne National Laboratory all of the time, but as a highly-visible, nationally-funded facility, compliance with those that are applicable must be above reproach. Therefore, risk management is also a very important part of construction activities at ANL. This paper will give examples of these activities, such as, the EBR-II PRA, risk-based analyses of Fuel Cycle Facility Safety Systems, reliability studies of the Access Control Interlock System for the Advanced Photon Source and management approaches for controlling risk during the construction activities at APS.

Hill, D.J.; Hislop, R.D.

1994-02-01

75

The Application of Risk Matrix to Software Project Risk Management  

Microsoft Academic Search

Risk management and performance enhancement have always been the focus of software project management studies. This paper give basic concepts of risk management, analyzed the four stage of risk management in acquisition process. overview the three steps method of risk matrix, summarize the 14 categories and 82 factors of software project risks, then the paper, beginning with the use the

Li Xiaosong; Liu Shushi; Cai Wenjun; Feng Songjiang

2009-01-01

76

A risks analysis method combining performance and reliability  

Microsoft Academic Search

Using performability analysis mechanisms to assess systems' risk is proposed in this paper, so that the impacts from different factors can be integrated. Performability is a metric proposed three decades ago [1, 8] to address the effects of performance degradation caused by failures. Despite its sophisticated mechanisms [10], industry today still treats performance and reliability as two separate issues. Will

Meng-Lai Yin

2009-01-01

77

Refrigerant Risk Management.  

National Technical Information Service (NTIS)

BACKGROUND: Regulatory Drivers, Clean Air Act. ISSUE: managing Ozone Depleting Substances (ODS) possessed by organizations dispersed throughout the base; the data systems used by these organizations to capture ODS data are disconnected; managing the activ...

D. Hansell

2011-01-01

78

Risk management - Expanding horizons in nuclear power and other industries  

SciTech Connect

Topics presented include lessons learned from man-made catastrophes, airline industry safety management systems and feedback, an integrated approach to safety, including the human factors element, and risk sensitivity to human error. Also presented are human reliability methods for enhancing performance, the integrated use of probabilistic safety assessment in reactor design, risk-based plant performance indicators, and a framework for systematic risk management.

Knief, R.A.; Briant, V.B.; Lee, R.B.; Long, R.L.; Mahn, J.A. (ERC Environmental and Energy Services Co., Mechanicsburg, PA (United States) GPU Nuclear Corp., Parsippany, NJ (United States))

1991-01-01

79

Risk management - Expanding horizons in nuclear power and other industries  

NASA Astrophysics Data System (ADS)

Topics presented include lessons learned from man-made catastrophes, airline industry safety management systems and feedback, an integrated approach to safety, including the human factors element, and risk sensitivity to human error. Also presented are human reliability methods for enhancing performance, the integrated use of probabilistic safety assessment in reactor design, risk-based plant performance indicators, and a framework for systematic risk management.

Knief, Ronald A.; Briant, Victoria B.; Lee, Robert B.; Long, Robert L.; Mahn, Jeffrey A.

80

Measuring injury risk factors: question reliability in a statewide sample  

PubMed Central

Background—Recently (1996–98), Colorado added 15 questions pertaining to injury related risks and behaviors to the behavioral risk factor surveillance system (BRFSS). Questions addressed bicycle helmet use, traffic crashes, exposure to violence, suicidal behavior, and gun storage. Objective—To measure the test-retest reliability of these injury related questions. Methods—Of 330 BRFSS participants, 229 (69%) were called a second time and reasked nine selected injury questions. Retests were completed 7–28 days after the original interview. Results—Test-retest agreement was very high (? >0.80) for bicycle helmet use, domestic police visits, and gun ownership. All other injury risk questions had substantial agreement (? >0.60). Conclusions—The injury related questions added to the Colorado BRFSS have high test-retest reliability.

Koziol-McLain, J.; Brand, D.; Morgan, D.; Leff, M.; Lowenstein, S.

2000-01-01

81

Managing China’: risk and risk management in Japan's China policy  

Microsoft Academic Search

This article considers the ways in which various risks, threats and opportunities posed to Japan by the ‘rise of China’ have been articulated and managed in post-Cold War Japan. It focuses in particular on the period since 2001, and more narrowly on the nature of threat perceptions and risk assessments that emerged during Koizumi Junichir?'s prime ministership, but also considers

Caroline Rose

2010-01-01

82

Risk Management of Explosives Storage.  

National Technical Information Service (NTIS)

The use of Quantitative Risk Assessment (QRA) procedures to manage the safety and control of explosives has been stimulated by ever increasing demands for more efficient operation, and by the requirements of recently extended Health and Safety Legislation...

D. J. Hewkin G. B. Jones I. Self R. A. Drake V. J. Gill

1994-01-01

83

Nitrate Risk Management under Uncertainty.  

National Technical Information Service (NTIS)

In many areas throughout the U.S., groundwater supplies are contaminated by nitrates. Nitrate contamination has been a subject of concern because nitrate salt can induce infant methemoglobinemia and cancer. Nitrate risk management describes the process lu...

Y. W. Lee

1991-01-01

84

Using Dynamic Risk and Protective Factors to Predict Inpatient Aggression: Reliability and Validity of START Assessments  

PubMed Central

The Short-Term Assessment of Risk and Treatability (START) is a relatively new structured professional judgment guide for the assessment and management of short-term risks associated with mental, substance use, and personality disorders. The scheme may be distinguished from other violence risk instruments because of its inclusion of 20 dynamic factors that are rated in terms of both vulnerability and strength. This study examined the reliability and validity of START assessments in predicting inpatient aggression. Research assistants completed START assessments for 120 male forensic psychiatric patients through review of hospital files. They additionally completed Historical-Clinical-Risk Management – 20 (HCR-20) and the Hare Psychopathy Checklist: Screening Version (PCL:SV) assessments. Outcome data was coded from hospital files for a 12-month follow-up period using the Overt Aggression Scale (OAS). START assessments evidenced excellent interrater reliability and demonstrated both predictive and incremental validity over the HCR-20 Historical subscale scores and PCL:SV total scores. Overall, results support the reliability and validity of START assessments, and use of the structured professional judgment approach more broadly, as well as the value of using dynamic risk and protective factors to assess violence risk.

Desmarais, Sarah L.; Nicholls, Tonia L.; Wilson, Catherine M.; Brink, Johann

2012-01-01

85

Fixing responsibility for risk management.  

PubMed

The responsibility for carrying financial risk for medical coverage has migrated from individuals to insurers to employers to providers, without finding a satisfactory home. Each shift further complicates the health care infrastructure, as other responsibilities in the management of benefits and provision of care gravitate to the stakeholder who accepts risk. The social imperative to broaden coverage is forcing a change in the mechanisms of risk management--from avoiding high-risk patients, to managing those patients to better outcomes. In this paper we seek to identify objectively the most appropriate party to carry the financial risk of medical coverage, consider what characteristics are necessary to make that a practical and enduring solution, and examine the secondary effects of the structure required to support that solution. PMID:11010506

Maniccia, M D

86

Project, systems and risk management processes interactions  

Microsoft Academic Search

This paper discusses three major concepts: projects, risk, and systems management. Systems and project management consider risk management as an integral part of their processes. Risk management is used to avoid any failure or crisis during their life cycles. Projects have well defined life cycles during which the risk is defined, controlled, and managed. Systems, on the other hand, have

Baqer Alali; Ariel Pinto

2009-01-01

87

Environmental Insurance and Risk Management Tools Glossary  

EPA Pesticide Factsheets

Risk ManagementManagement of the pure risks to which a company might be subject. Typically, it involves analyzing all exposures to the possibility of loss and determining how to handle these exposures through such practices as avoiding the risk, retaining the risk, reducing the risk, or transferring the risk, often by insurance.   From Environmental Insurance and Risk Management Tools Glossary  -  Search all glossaries for terms containing "risk management"

2012-05-09

88

Risk management and integrated assessment  

Microsoft Academic Search

Integrated Assessment (IA) is the pursuit of a research program generated by the limitations of traditional forms of risk\\u000a management. This claim can be justified by the following argument. Over the last decades, analysts and practitioners have\\u000a brought to maturity a large array of tools for risk management. Most of them rely on combining judgments of utility with judgments\\u000a of

Carlo C. Jaeger

1998-01-01

89

Risk Management Plan  

SciTech Connect

This document describes a proactive plan for assessing and controlling sources of risk for the ASCI (Accelerated Strategic Computing Initiative) V&V program at Sandia National Laboratories. It offers a graded approach for identifying, analyzing, prioritizing, responding to, and monitoring risks.

HODGES, ANN LOUISE; FROEHLICH, GARY K.; PILCH, MARTIN; PEERCY, DAVID E.

2002-04-01

90

Risk management and consumer safety  

Microsoft Academic Search

Risk assessment and risk management techniques are being developed in many fields as an aid to safety investment decision making. Already these techniques are having impacts upon aspects of consumer safety which overlap with other sectors where safety is important and where these methods are being applied. Recent examples where this has happened range from public transportation to the safety

David J. Ball; Geoffrey C. Goats

1996-01-01

91

Knowledge risk management: a framework  

Microsoft Academic Search

Purpose – There has been increased interest in application of knowledge management (KM) in managerial issues as a way of demonstrating the field's value. There has also been an increasing focus on risk management (RM) in response to growing organisational awareness of corporate and social responsibilities. This paper seeks to contribute to the emergence of a new field of research

Peter Massingham

2010-01-01

92

Reliability between nurse managers: the key to the high-reliability organization.  

PubMed

Nurse managers are the keys to building high-reliability organizations (HROs) in health care. In HROs, staff can substitute, step in, and take over the care of the patient in a seamless manner. Consistency between units occurs when there is a coherent pattern of safe practice guidelines. The nurse manager council can become the powerhouse to seek out evidence-based practices and to insist on flawless execution between groups and units. PMID:17907702

Kerfoot, Karlene

2007-08-01

93

Reliability between nurse managers: the key to the high-reliability organization.  

PubMed

Nurse managers are the keys to building high-reliability organizations (HROs) in health care. In HROs, staff can substitute, step in, and take over the care of the patient in a seamless manner. Consistency between units occurs when there is a coherent pattern of safe practice guidelines. The nurse manager council can become the powerhouse to seek out evidence-based practices and to insist on flawless execution between groups and units. PMID:17874617

Kerfoot, Karlene

2007-08-01

94

Managing Multiple Risk Factors.  

National Technical Information Service (NTIS)

Current research provides evidence that a higher prevalence of obesity, a more centralized fat pattern and a clustering of cardiovascular risk factors (i.e., overweight/obesity, hypertension, hyperinsulinemia, insulin resistance, dyslipidemia, neurohumora...

C. M. Lollis

1998-01-01

95

Evaluating and managing risk  

SciTech Connect

This book is a collection of articles to calculate ''right'' risks that lead to enhanced oil and gas findings. Technique experiences are documented data of critical factors. The contents include: The framing of decisions and the psychology of choice; The difficulty of assessing uncertainty; An analysis of methods of leasing the U.S. outer continental shelf; Competitive bidding in high-risk situations; Investment indicators for profitability analysis must reflect recent economic developments; A strategy for sealed bidding; The ubiquitous overbid; Growth rate - a rate-of-return measure of investment efficiency; Assessment methodology - an industry viewpoint; Prudent risk-taking; ranking South Louisiana trends by probability of economic success; Special problems and open issues; Risk analysis - fundamentals; and Basin assessment.

Megill, R.E.

1985-01-01

96

[Risk management for ambulatory anaesthesia].  

PubMed

Outpatient anaesthesia has increased considerably in recent years. More complex procedures are performed on an outpatient basis and patients suffer from more co-morbidities. A patient- and procedure-centred risk management system includes guidelines for patient-selection and -evaluation, selection of adequate anaesthetic drugs, structured post-anaesthesia care and discharge-procedures, and a critical incident management plan. Risk management for ambulatory anaesthesia is supposed to reduce malpractice and prevent complications. Ultimately, procedure related cost will decrease and confidence as well as satisfaction of patients, surgeons and anaesthesia team members will increase. PMID:23589014

Larmann, Jan; Vescia, Frank; Zwißler, Bernhard

2013-04-15

97

Reliability analysis of roadway departure risk using stochastic processes  

NASA Astrophysics Data System (ADS)

The work presented here aims to develop a warning device to prevent roadway departure while cornering. Given the random variability arising from the driver, the vehicle and the infrastructure at the entrance of the curve, a probabilistic strategy is adopted to assess the roadway departure risk. Random variables and processes are introduced in a specifically developed vehicle dynamics model. The driver's behaviours are deduced from real traffic measurements. Structural reliability methods are employed to compute a roadway departure risk index, used to take the decision of an alarm triggering. Particular care is brought to the reduction of the computational cost. Refinements made on the standard reliability methods to handle with the model non-linearities and the stochastic dimension are presented.

Rey, G.; Clair, D.; Fogli, M.; Bernardin, F.

2011-05-01

98

A Theoretical Framework for Operational Risk Management and Opportunity Realisation  

Microsoft Academic Search

Advanced probability models are used to evaluate risks and to justify decisions where reliable data is available, e.g. reinsurance, money markets and nuclear energy. Operational risk management – the trade-offs made to run an efficient and effective organisation – has much less, and lower quality, data. In the first part of the paper, observations are made about the factors shaping

Adrian Sparrow

2000-01-01

99

Issue Management Risk Ranking Systems  

SciTech Connect

Thousands of safety issues have been collected on-line at the Idaho National Engineering and Environmental Laboratory (INEEL) as part of the Issue Management Plan. However, there has been no established approach to prioritize collected and future issues. The authors developed a methodology, based on hazards assessment, to identify and risk rank over 5000 safety issues collected at INEEL. This approach required that it was easily applied and understandable for site adaptation and commensurate with the Integrated Safety Plan. High-risk issues were investigated and mitigative/preventive measures were suggested and ranked based on a cost-benefit scheme to provide risk-informed safety measures. This methodology was consistent with other integrated safety management goals and tasks providing a site-wide risk informed decision tool to reduce hazardous conditions and focus resources on high-risk safety issues. As part of the issue management plan, this methodology was incorporated at the issue collection level and training was provided to management to better familiarize decision-makers with concepts of safety and risk. This prioritization methodology and issue dissemination procedure will be discussed. Results of issue prioritization and training efforts will be summarized. Difficulties and advantages of the process will be reported. Development and incorporation of this process into INEELs lessons learned reporting and the site-wide integrated safety management program will be shown with an emphasis on establishing self reliance and ownership of safety issues.

Novack, Steven David; Marshall, Frances Mc Clellan; Stromberg, Howard Merion; Grant, Gary Michael

1999-06-01

100

Issue Management Risk Ranking Systems  

SciTech Connect

Thousands of safety issues have been collected on-line at the Idaho National Engineering and Environmental Laboratory (INEEL) as part of the Issue Management Plan. However, there has been no established approach to prioritize collected and future issues. The authors developed a methodology, based on hazards assessment, to identify and risk rank over 5000 safety issues collected at INEEL. This approach required that it was easily applied and understandable for site adaptation and commensurate with the Integrated Safety Plan. High-risk issues were investigated and mitigative/preventive measures were suggested and ranked based on a cost-benefit scheme to provide risk-informed safety measures. This methodology was consistent with other integrated safety management goals and tasks providing a site-wide risk-informed decision tool to reduce hazardous conditions and focus resources on high-risk safety issues. As part of the issue management plan, this methodology was incorporated at the issue collection level and training was provided to management to better familiarize decision-makers with concepts of safety and risk. This prioritization methodology and issue dissemination procedure will be discussed. Results of issue prioritization and training efforts will be summarized. Difficulties and advantages of the process will be reported. Development and incorporation of this process into INEEL's lessons learned reporting and the site-wide integrated safety management program will be shown with an emphasis on establishing self reliance and ownership of safety issues.

F. M. Marshall; G. M. Grant; H. M. Stromberg; S. D. Novack

1999-06-01

101

Managing Corporate Risk through Better Knowledge Management  

ERIC Educational Resources Information Center

|Purpose: To explain how progressive companies are using a combination of knowledge and risk management (KRM) systems and techniques in order to help them to prevent, or respond most effectively to, ethical or reputation-damaging incidents. Design/methodology/approach: The paper explains KRM, develops a corporate integrity framework, and then…

Neef, Dale

2005-01-01

102

Managing Corporate Risk through Better Knowledge Management  

ERIC Educational Resources Information Center

Purpose: To explain how progressive companies are using a combination of knowledge and risk management (KRM) systems and techniques in order to help them to prevent, or respond most effectively to, ethical or reputation-damaging incidents. Design/methodology/approach: The paper explains KRM, develops a corporate integrity framework, and then…

Neef, Dale

2005-01-01

103

Risk management or political micromanagement?  

PubMed

A major healthcare issue of the 1990s is whether providers will create effective risk management programs to cope with government reform mandates or whether an increasingly costly and complex regulatory structure will force them to make changes. Compliance with the Joint Commission on Accreditation of Healthcare Organizations (JCAHO) standards on patient care will become increasingly important to healthcare risk management in the 1990s. The JCAHO standards create a benchmark from which government entities set their present standards and assemble agendas for the future. Another healthcare risk management factor is compliance with the National Practitioner Data Bank. The data bank is intended to protect healthcare consumers from providers who have demonstrated a tendency to commit malpractice. However, the data bank could cause problems for healthcare providers: Inaccurate or misleading data could unfairly haunt them. Healthcare risk managers should be familiar with the prohibitions on patient dumping found in the Consolidated Omnibus Budget Reconciliation Act of 1985. The amendments of the Omnibus Budget Reconciliation Act of 1989 (OBRA '89) do not create strict liability, nor do they impose traditional tort standards that could guide courts in cases that will inevitably result from new rules, creating a "litigation time bomb." And OBRA '90 significantly revises the law. Other risk management issues include the manner in which facilities handle and dispose of medical waste and the manner in which they resolve disputes. PMID:10109967

Barton, E L

1991-04-01

104

Risk management models in netball.  

PubMed

Risk management strategies have been used in a wide range of sports. Many issues involved in the implementation of risk management models in sport have not been investigated especially the sport specific and location specific nature of such models. The aim of this study was to ascertain the usefulness of Occupational Health & Safety risk management (RM) models in a mainly voluntary sporting organisation and to investigate the requirements of a netball population in developing "user friendly" risk management plans. The industry RM plans were trialled in a rural setting at various netball associations over a six week period. After these trials focus groups and interviews were conducted and the trials evaluated. The requirements of the netball population for a RM plan were investigated using focus groups from regional and rural areas. The industry RM models presented were not generally accepted by the trial participants. They found that the level of expertise required did not exist in netball at the club/team level. The focus groups on the needs of netball for a user friendly model brought out a number of issues including the specific needs of rural football/netball leagues, the need to develop strategies for all levels of netball (coach, player, umpire, administrator). Barriers to the uptake of risk management models were discussed. An effective RM plan can be developed for voluntary sports associations but they must be specific to the sport and flexible. The RM plan must also take into account the barriers to implementation for each sporting culture. PMID:12945628

Otago, L; Brown, L

2003-06-01

105

Reliable distributed data stream management in mobile environments  

Microsoft Academic Search

The proliferation of sensor technology, especially in the context of embedded systems, has brought forward novel types of applications that make use of streams of continuously generated sensor data. Many applications like telemonitoring in healthcare or roadside traffic monitoring and control particularly require data stream management (DSM) to be provided in a distributed, yet reliable way. This is even more

Gert Brettlecker; Heiko Schuldt

2011-01-01

106

Risk Management: Research Needs and Status Report.  

ERIC Educational Resources Information Center

Summarizes risk-management research in categories of practical relevance to outdoor recreation stakeholders and the research community: conceptualization of risk; risk/benefit studies; risk monitoring; risk management in organizations and programs (identification, evaluation, control, planning, evaluation); legal issues; and risk communication.…

Brown, Terry J.

1998-01-01

107

Overview of the Hanford risk management plan  

SciTech Connect

The Project Hanford Management Contract called for the enhancement of site-wide decision processes, and development of a Hanford Risk Management Plan to adopt or develop a risk management system for the Hanford Site. This Plan provides a consistent foundation for Site issues and addresses site-wide management of risks of all types. It supports the Department of Energy planning and sitewide decision making policy. Added to this requirement is a risk performance report to characterize the risk management accomplishments. This paper presents the development of risk management within the context of work planning and performance. Also discussed are four risk elements which add value to the context.

Halverson, T.G.

1998-03-26

108

12 CFR 932.1 - Risk management.  

Code of Federal Regulations, 2013 CFR

...calculate the market risk component of its risk-based capital requirement, and for the risk assessment procedures and controls (whether established as part of its risk management policy or otherwise) to be...

2013-01-01

109

Risk management for distributed authorization  

Microsoft Academic Search

Distributed authorization takes into account several elements, includ- ing certiflcates that may be provided by non-local actors. While most trust management systems treat all assertions as equally valid up to certiflcate authentication, realistic considerations may associate risk with some of these elements, for example some actors may be less trusted than others. Furthermore, practical online authorization may require certain levels

Christian Skalka; Xiaoyang Sean Wang; Peter C. Chapin

2007-01-01

110

Lessors' recovery risk management capability  

Microsoft Academic Search

Purpose – The purpose of this paper is to verify recovery risk management capabilities by lessors. It tests several hypotheses and finds out interesting specific results for lessors. Design\\/methodology\\/approach – The approach is empirical: two different database of leasing contracts are analysed with econometric methodologies. Findings – There is clear evidence that: lessors are ex ante able to balance the

Giacomo De Laurentis; Jacopo Mattei

2009-01-01

111

Responsible management of environmental risk  

SciTech Connect

Responsible management of environmental risk means defining the components: renewable and nonrenewable resources, natural versus human-induced environmental impacts, and specific processes through the disciplines of geology, hydrology, soil science, geochemistry. Another part involves the economic effects of those risks. A prime example for utilizing management of economic effects is the controversy over the Pacific Salmon Fishery. Science holds many of the answers such as estuary management that impact the return of the salmon to spawning areas. Scientific examination of old maps to locate decades old earthen dams which may restrict the free flowing water in some of the Columbia River tributaries, subsequent removal of those dams may produce economic benefits. A multi-disciplined management review of all the environmental risks can produce acceptable alternatives for salmon fishery enhancement. Application of geochemistry holds many potential keys to resolving long-standing environmental concerns provided regulatory agencies have not formulated prohibitive standards. At the recent American Association of Petroleum Geologist Hedberg Conference on Rational Science for Public Policy, a simple geochemical model was presented to cope with soil containing hydrocarbon contamination. Using risk analysis for questions of natural background levels of contamination can foster lower costs of remedial clean ups, provide achievable environmental policies and regulations as well as foster greater education and acceptance by the general public. It is self-defeating to set standards for lower contamination limits than particular concentrations of certain elements that occur in nature.

Browne, C.S. (Independent/Consultant, Kansas City, MO (United States))

1996-01-01

112

Embedding risk management: structures and approaches  

Microsoft Academic Search

Purpose – The paper aims to report research into ways by which companies identify risks and embed risk management and control procedures and also to report on interactions between internal audit and audit committees and their contributions to risk management. Design\\/methodology\\/approach – The first section of the paper comprises a review of the literature on risk management and the roles

Ian Fraser; William Henry

2007-01-01

113

Reliability-Aware Dynamic Energy Management in Dependable Embedded Real-Time Systems  

Microsoft Academic Search

on system reliability because of the increased rate of transient faults (e.g., those induced by cosmic particles). In this work, we propose energy management schemes that explicitly take system reliability into consideration. The proposed reliability-aware energy management schemes dynamically schedule recoveries for tasks to be scaled down to recuperate the reliability loss due to energy management. Based on the amount

Dakai Zhu

2006-01-01

114

Risk management and climate change  

NASA Astrophysics Data System (ADS)

The selection of climate policies should be an exercise in risk management reflecting the many relevant sources of uncertainty. Studies of climate change and its impacts rarely yield consensus on the distribution of exposure, vulnerability or possible outcomes. Hence policy analysis cannot effectively evaluate alternatives using standard approaches, such as expected utility theory and benefit-cost analysis. This Perspective highlights the value of robust decision-making tools designed for situations such as evaluating climate policies, where consensus on probability distributions is not available and stakeholders differ in their degree of risk tolerance. A broader risk-management approach enables a range of possible outcomes to be examined, as well as the uncertainty surrounding their likelihoods.

Kunreuther, Howard; Heal, Geoffrey; Allen, Myles; Edenhofer, Ottmar; Field, Christopher B.; Yohe, Gary

2013-05-01

115

How Firms in Developing Countries Manage Risk.  

National Technical Information Service (NTIS)

The paper considers the use of risk management techniques and instruments by firms in developing countries. Increased financial market volatility in recent years has led to the development of a number of new financial instruments for managing the risks as...

J. D. Glen

1993-01-01

116

Managing Risk With Revenue Insurance  

Microsoft Academic Search

Crop revenue insurance offers farmers a way to manage revenue variability that results from yield and price risks. Commodity-level revenue insurance, particularly for corn, soybeans, and wheat, has become a major part of the subsidized Federal crop insurance program. Whole-farm revenue insurance, based on combined revenue from all commodities produced on a farm, is a more broad-based approach, but is

Robert Dismukes; Keith H. Coble

2006-01-01

117

78 FR 44557 - Revision to Transmission Vegetation Management Reliability Standard; Notice of Compliance Filing  

Federal Register 2010, 2011, 2012, 2013

...Transmission Vegetation Management Reliability Standard; Notice of Compliance...the North American Electric Reliability Corporation (NERC), pursuant...of NERC's plan to conduct testing to develop empirical data...guidance materials for NERC Reliability Standard FAC-003-2...

2013-07-24

118

12 CFR 932.1 - Risk management.  

Code of Federal Regulations, 2010 CFR

...2010-01-01 2010-01-01 false Risk management. 932.1 Section 932.1...BOARD FEDERAL HOME LOAN BANK RISK MANAGEMENT AND CAPITAL STANDARDS FEDERAL...CAPITAL REQUIREMENTS § 932.1 Risk management. Before its new...

2010-01-01

119

Financial Risk Management in Commonwealth Organisations  

Microsoft Academic Search

In the last decade financial risk management in public sector organisations has become of gre ater interest to the public, politicians and regulators. Derivatives are commonly used to manage financial risk but little is known about the reasons why financial risk is managed, particularly through the use of derivatives. Furthermore, little is known about the reasons for and extent of

Timothy J. Brailsford; Richard Heaney; Barry R. Oliver

120

Risk Management in Agri-food Chain  

Microsoft Academic Search

This paper incorporates the interdisciplinary New Institutional Economics and presents a comprehensive framework for analyzing the risk management in agri-food sector. First, it specifies the diverse (natural, technical, behavioral, economic, policy etc.) type of agri-food risks, and the (market, private, public and hybrid) modes of their management. Second, it defines the efficiency of risk management and identifies (personal, institutional, dimensional,

Hrabrin Bachev

2012-01-01

121

42 CFR 441.476 - Risk management.  

Code of Federal Regulations, 2012 CFR

...Self-Directed Personal Assistance Services Program § 441.476 Risk management. (a) The State must specify the risk assessment methods it uses to identify potential risks to the participant. (b) The State must specify any tools...

2012-10-01

122

12 CFR 917.3 - Risk management.  

Code of Federal Regulations, 2013 CFR

...plans where appropriate. (c) Risk assessment. The senior management of...perform, at least annually, a risk assessment that is reasonably designed to...compliance requirements. The risk assessment shall be in written form...

2013-01-01

123

Provide financial risk management as service  

Microsoft Academic Search

We present an innovative flexible computation support service for financial risk management. Commercial bank faces a higher requirement on quantitative risk management from Basel II accord. In practice, quantitative risk computation needs both the internal and external data, and the risk calculation models and corresponding parameters should be updated for a periods of time. To deal with these challenges, we

Tie Liu; Feng Li; Hao Zhang; Xiangyang He; Rongzeng Cao; Yongming Wei

2010-01-01

124

Global supply chain risk management strategies  

Microsoft Academic Search

Purpose – Global supply chains are more risky than domestic supply chains due to numerous links interconnecting a wide network of firms. These links are prone to disruptions, bankruptcies, breakdowns, macroeconomic and political changes, and disasters leading to higher risks and making risk management difficult. The purpose of this paper is to explore the phenomenon of risk management and risk

Ila Manuj; John T. Mentzer

2008-01-01

125

Risk Management in High Adventure Outdoor Pursuits.  

ERIC Educational Resources Information Center

|This paper outlines management guidelines for outdoor adventure pursuits based on analysis of accident case studies in the literature. Managing risk, to a large degree, involves managing human errors related to natural environmental hazards. The knowledge needed to manage risk may be gained through personal experience (the most dangerous way),…

Cinnamon, Jerry

126

Risk Management in High Adventure Outdoor Pursuits.  

ERIC Educational Resources Information Center

This paper outlines management guidelines for outdoor adventure pursuits based on analysis of accident case studies in the literature. Managing risk, to a large degree, involves managing human errors related to natural environmental hazards. The knowledge needed to manage risk may be gained through personal experience (the most dangerous way),…

Cinnamon, Jerry

127

Ovarian cancer: risk factors, treatment and management.  

PubMed

Ovarian cancer is the fifth most common cancer affecting women in the UK today, with associated statistics illustrating a steadily increasing rate, particularly in women aged 65 and over (Cancer Research UK, 2013). There are no recognised preventative measures and no effective screening tool. Although evidence suggests that the majority of women experience a variety of non-specific symptoms in the year before diagnosis, the disease it is not commonly recognised until an advanced stage, leading to increased mortality and morbidity. This highlights the need to raise awareness among health professionals and women as a whole, as early recognition undoubtedly improves ovarian cancer survival. Best clinical practice in the UK for the recognition and initial management of ovarian cancer is provided by the National Institute for Health and Care Excellence (NICE). Clinical guideline CG 122 (NICE, 2011) and quality standard QS 18 (NICE, 2012) use relevant clinical evidence to define high-quality care standards for ovarian cancer management. Accurate staging of ovarian cancer is essential to the provision of individualised care and management. However, there is currently no single test that provides a reliable indicator of ovarian malignancy. At present, risk-of-malignancy scores are calculated by serum cancer antigen 125 (CA 125) levels, ultrasound score and menopausal status. These are widely used to identify women who are at high risk and require referral to a specialised gynaecological oncology service. Women diagnosed with ovarian cancer require information and support. The clinical nurse specialist acts as a key worker, providing communication, support and holistic care throughout a woman's cancer journey. The value of this role cannot be underestimated. Surgery followed by platinum-based chemotherapy is the usual standard treatment pathway, although individualised assessment and management may deviate from it. Early disease may be successfully treated with surgery alone; advanced disease may require complex management and treatment. New treatments such as bevacizumab show promise of improving ovarian cancer outcomes. PMID:24067270

Rooth, Carolyn

2013-09-26

128

Who Manages Risk? An Empirical Examination of Risk Management Practices in the Gold Mining Industry  

Microsoft Academic Search

This article examines a new database that details corporate risk management activity in the North American gold mining industry. The author finds little empirical support for the predictive power of theories that view risk management as a means to maximize shareholder value. However, firms whose managers hold more options manage less gold price risk, and firms whose managers hold more

Peter Tufano

1996-01-01

129

Toward a strategic human resource management model of high reliability organization performance  

Microsoft Academic Search

In this article, we extend strategic human resource management (SHRM) thinking to theory and research on high reliability organizations (HROs) using a behavioural approach. After considering the viability of reliability as an organizational performance indicator, we identify a set of eight reliability-oriented employee behaviours (ROEBs) likely to foster organizational reliability and suggest that they are especially valuable to reliability-seeking organizations

Jeff Ericksen; Lee Dyer

2005-01-01

130

Development of Distribution System Reliability and Risk Analysis Models. Final Report.  

National Technical Information Service (NTIS)

This report describes work completed in fulfillment of EPRI Research Project 1356-1, Develop Distribution System Reliability and Risk Analysis Model. This volume comprises the background material needed to determine the state-of-the-art in reliability ass...

J. E. D. Northcote-Green R. Billinton T. D. Vismor

1981-01-01

131

Risk Management in Agriculture in Spain  

Microsoft Academic Search

This report analyses the agricultural risk management system in Spain, applying a holistic approach that considers the interactions between all sources of risk, farmers. strategies and policies. The policy analysis is structured around three layers of risk that require a differentiated policy response: normal (frequent) risks that should be retained by the farmer, marketable intermediate risks that can be transferred

Jesús Antón; Shingo Kimura

2011-01-01

132

The Quantification Management of Information Security Risk  

Microsoft Academic Search

Information security risk management is the crucial protection for the financial institute's operation and development. As the key step of information security risk, risk quantification will determine the resource allocation between various security measures. This article quantifies the risk from the angle of view of financial risk and refers to the mature quantitative models and methods. This approach will promote

Guoling Lao; Liping Wang

2008-01-01

133

DEGRADATION SUSCEPTIBILITY METRICS AS THE BASES FOR BAYESIAN RELIABILITY MODELS OF AGING PASSIVE COMPONENTS AND LONG-TERM REACTOR RISK  

SciTech Connect

Conventional probabilistic risk assessments (PRAs) are not well-suited to addressing long-term reactor operations. Since passive structures, systems and components are among those for which refurbishment or replacement can be least practical, they might be expected to contribute increasingly to risk in an aging plant. Yet, passives receive limited treatment in PRAs. Furthermore, PRAs produce only snapshots of risk based on the assumption of time-independent component failure rates. This assumption is unlikely to be valid in aging systems. The treatment of aging passive components in PRA does present challenges. First, service data required to quantify component reliability models are sparse, and this problem is exacerbated by the greater data demands of age-dependent reliability models. A compounding factor is that there can be numerous potential degradation mechanisms associated with the materials, design, and operating environment of a given component. This deepens the data problem since the risk-informed management of materials degradation and component aging will demand an understanding of the long-term risk significance of individual degradation mechanisms. In this paper we describe a Bayesian methodology that integrates the metrics of materials degradation susceptibility being developed under the Nuclear Regulatory Commission's Proactive Management of Materials of Degradation Program with available plant service data to estimate age-dependent passive component reliabilities. Integration of these models into conventional PRA will provide a basis for materials degradation management informed by the predicted long-term operational risk.

Unwin, Stephen D.; Lowry, Peter P.; Toyooka, Michael Y.; Ford, Benjamin E.

2011-07-17

134

Health and safety management system audit reliability pilot project.  

PubMed

This pilot study assessed occupational health and safety (OHS) management system audit finding reliability using a modified test-retest method. Two industrial hygienists with similar training and education conducted four, 1-day management system audits in four dissimilar organizational environments. The researchers examined four auditable sections (employee participation, training, controls, and communications) contained in a publicly available OHS management system assessment instrument. At each site, 102 auditable clauses were evaluated using a progressive 6-point scale. The team examined both the consistency of and agreement between the scores of the two auditors. Consistency was evaluated by calculating the Pearson r correlations for the two auditors' scores at each site and for each section within each site. Pearson correlations comparing overall scores for each site were all very low, ranging from 0.206 to 0.543. Training and communication system assessments correlated the highest, whereas employee participation and control system scores correlated the least. To measure agreement, t-tests were first calculated to determine whether the differences were statistically significant. Aggregate mean scores for two of the four sites were significantly different. Of the 16 total sections evaluated (i.e., 4 sections per site), seven scores were significantly different. Finally, the agreement of the scores between the two auditors for the four sites was evaluated by calculating two types of intraclass correlation coefficients, all of which failed to meet the minimum requirement for agreement. These findings suggest that opportunities for improving the reliability of the instrument and the audit process exist. Future research should include governmental and commercial OHS program assessments and related environmental management systems and their attendant audit protocols. PMID:14674807

Dyjack, D T; Redinger, C F; Ridge, R S

135

Risk analysis and risk management: an historical perspective  

Microsoft Academic Search

This paper reviews the history of risk analysis and risk management, giving special emphasis to the neglected period prior to the 20th century. The overall objective of the paper is to: (1) dampen the prevailing tendency to view present-day concerns about risk in an ahistorical context; (2) shed light on the intellectual antecedents of current thinking about risk; (3) clarify

Vincent T. Covello; Jeryl Mumpower

1985-01-01

136

Management of risks in information technology projects  

Microsoft Academic Search

Information technology (IT) projects are renowned for their high failure rate. Risk management is an essential process for the successful delivery of IT projects. In-depth interviews with IT professionals from leading firms in Western Australia were undertaken to determine how IT risks were managed in their projects. The respondents ranked 27 IT risks in terms of likelihood and consequences to

David Baccarini; Geoff Salm; Peter E. D. Love

2004-01-01

137

Risk Management in the Outdoor HPER Setting.  

ERIC Educational Resources Information Center

|This article discusses risk management in the outdoor physical education or recreation setting from the perspectives of traditional approaches to the problem, the assumption of risk concept, and the characteristics and attitudes of the participants. Guidelines for evaluating a risk management plan are included. (IAH)|

Ewert, Alan

1989-01-01

138

Feedback on flood risk management  

NASA Astrophysics Data System (ADS)

For several years, as floods were increasing in South of France, local communities felt deprive to assume their mission of protection and information of citizens, and were looking for assistance in flood management. In term of flood disaster, the fact is that physical protection is necessary but inevitably limited. Tools and structures of assistance to anticipation remain slightly developed. To manage repeated crisis, local authorities need to be able to base their policy against flood on prevention, warnings, post-crisis analysis and feedback from former experience. In this objective, after 3 years of test and improvement since 2003, the initiative Predict-Services was developed in South of France: it aims at helping communities and companies to face repeated flood crisis. The principle is to prepare emergency plans, to organize crisis management and reduce risks; to help and assist communities and companies during crisis to activate and adapt their emergency plans with enough of anticipation; and to analyse floods effects and improve emergency plans afterwards. With the help of Meteo France datas and experts, Predict services helps local communities and companies in decision making for flood management. In order to reduce risks, and to keep the benefits of such an initiative, local communities and companies have to maintain the awareness of risk of the citizens and employees. They also have to maintain their safety plans to keep them constantly operational. This is a part of the message relayed. Companies, Local communities, local government authorities and basin stakeholders are the decision makers. Companies and local communities have to involve themselves in the elaboration of safety plans. They are also completely involved in their activation that is their own responsability. This applies to other local government authorities, like districts one's and basin stakeholders, which participle in the financing community safety plans and adminitrative district which are responsible of the transmission of meteorological alert and of rescue actions. In the crossing of the géo-information stemming from the space technology, communication, meteorology, hydraulics and hydrology, Predict-services brings help to local communities in their mission of protection and information to the citizens, for flood problems and helps companies to limit and delete operating losses facing floods. The initiative, developped by BRL, EADS Astrium, in association with Meteo France, has been employed and is functioning on cities of south of France, notably on Montpellier, and also on the scale of catchment area ( BRL is a regional development company, a public private partnership controlled by the local gouvernments of the Languedoc-Roussillon Region). The initiative has to be coordinated with state services to secure continuity and coherence of information. This initiative is developped in dialogue with State services as Météo France, the Ministry for the interior, the Ministry for ecology and the durable development, the Regional Direction of the Environment (DIREN), the Central service of Hydrometeorology and Support to the Forecast of the Floods ( SCHAPI) and service of forecast of rising (SPC). It has been successfully functioning for 5 years with 300 southern cities from South West to South East of France and notably Montpellier and Sommières, famous for it's flood problems on the Vidourle river where no human loss was to regret and where the economic impacts were minimized. Actually developed in cities of South of France, this initiative is to be developed nationaly and very soon internationally. Thanks to the efficiency of it's method, this initiative is also developed in partnership with insurance company involved in prevention actions. After more than 100 events observed and analysed in South of France, the experience gained, allowed PREDICT Services to better anticipate phenomena and also to better manage them. The presentation will expose the feedback of this initiative and lessons learned on risk management.

Moreau, K.; Roumagnac, A.

2009-09-01

139

Guidelines for managing bias in project risk management  

Microsoft Academic Search

Risk management is often seen as a project manager's job. However, the information and knowledge required make a realistic assessment of project risks is often dispersed among people in and around the project. Also people will tend to focus their attention on different aspects and as a consequence on different risks because their different roles with regard to the project.

Fred J. Heemstra; Rob J. Kusters; Huibert de Man

2003-01-01

140

Legacy Risk Measure for Environmental Management Waste  

SciTech Connect

The Idaho National Engineering and Environmental Laboratory (INEEL) is investigating the development of a comprehensive and quantitative risk model framework for environmental management activities at the site. Included are waste management programs (high-level waste, transuranic waste, low-level waste, mixed low-level waste, spent nuclear fuel, and special nuclear materials), major environmental restoration efforts, major decontamination and decommissioning projects, and planned long-term stewardship activities. Two basic types of risk estimates are included: risks from environmental management activities, and long-term legacy risks from wastes/materials. Both types of risks are estimated using the Environment, Safety, and Health Risk Assessment Program (ESHRAP) developed at the INEEL. Given these two types of risk calculations, the following evaluations can be performed: • Risk evaluation of an entire program (covering waste/material as it now exists through disposal or other end states) • Risk comparisons of alternative programs or activities • Comparisons of risk benefit versus risk cost for activities or entire programs • Ranking of programs or activities by risk • Ranking of wastes/materials by risk • Evaluation of site risk changes with time as activities progress • Integrated performance measurement using indicators such as injury/death and exposure rates. This paper discusses the definition and calculation of legacy risk measures and associated issues. The legacy risk measure is needed to support three of the seven types of evaluations listed above: comparisons of risk benefit versus risk cost, ranking of wastes/materials by risk, and evaluation of site risk changes with time.

Eide, Steven Arvid; Nitschke, Robert Leon

2002-02-01

141

Risk management in practice: how are we managing?  

Microsoft Academic Search

Aims to identify awareness of and involvement in risk assessments, training, incident reporting, information giving and consenting in an acute health care context. Explores how nurse managers perceived risk management as a concept and if they saw advanced neonatal nurse practitioners having a role to play in this activity. The method used was a postal survey of 62 nurse managers

Anne Harris

2000-01-01

142

Integrated Reliability and Risk Analysis System (IRRAS). Version 4.0, Reference manual: Volume 1  

SciTech Connect

The Integrated Reliability and Risk Analysis System (IRRAS) is a state-of-the-art, microcomputer-based probabilistic risk assessment (PRA) model development and analysis tool to address key nuclear plant safety issues. IRRAS is an integrated software tool that gives the user the ability to create and analyze fault trees and accident sequences using a microcomputer. This program provides functions that range from graphical fault tree construction to cut set generation and quantification. Version 1.0 of the IRRAS program was released in February of 1987. Since that time, many user comments and enhancements have been incorporated into the program providing a much more powerful and user-friendly system. This version has been designated IRRAS 4.0 and is the subject of this Reference Manual. Version 4.0 of IRRAS provides the same capabilities as Version 1.0 and adds a relational data base facility for managing the data, improved functionality, and improved algorithm performance.

Russell, K.D.; McKay, M.K.; Sattison, M.B. Skinner, N.L.; Wood, S.T. [EG and G Idaho, Inc., Idaho Falls, ID (United States); Rasmuson, D.M. [Nuclear Regulatory Commission, Washington, DC (United States)

1992-01-01

143

A disaster risk management performance index  

Microsoft Academic Search

The Risk Management Index, RMI, proposed in this paper, brings together a group of indicators that measure risk management\\u000a performance and effectiveness. These indicators reflect the organizational, development, capacity and institutional actions\\u000a taken to reduce vulnerability and losses in a given area, to prepare for crisis and to recover efficiently from disasters.\\u000a This index is designed to assess risk management

Martha Liliana Carreño; Omar Darío Cardona; Alex H. Barbat

2007-01-01

144

Drug Safety and Risk Management Advisory Committee ...  

Center for Biologics Evaluation and Research (CBER)

... and evaluates information on risk management, risk communication, and quantitative evaluation of spontaneous reports for drugs for human use ... More results from www.fda.gov/advisorycommittees/committeesmeetingmaterials/drugs

145

Doctoral Education, Danger and Risk Management.  

ERIC Educational Resources Information Center

|Examines how risk management is reworking the doctoral supervisor/candidate relationship. Examines "soft marking" (grading) as a specific domain in which risk minimization is producing new relational identities for both supervisors and students involved in doctoral studies programs. (EV)|

McWilliam, Erica; Singh, Parlo; Taylor, Peter G.

2002-01-01

146

Reliability-Aware Energy Management for Periodic Real-Time Tasks  

Microsoft Academic Search

The prominent energy management technique, Dy- namic Voltage and Frequency Scaling (DVFS), was re- cently shown to have direct and adverse effects on sys- tem reliability. In this work, we investigate static and dy- namic reliability-aware energy management schemes for a set of periodic real-time tasks to minimize energy con- sumption while preserving system reliability. Focusing on EDF scheduling, we

Dakai Zhu; Hakan Aydin

2007-01-01

147

Reliability  

Microsoft Academic Search

This special volume of Statistical Sciences presents some innovative, if not provocative, ideas in the area of reliability, or perhaps more appropriately named, integrated system assessment. In this age of exponential growth in science, engineering and technology, the capability to evaluate the performance, reliability and safety of complex systems presents new challenges. Today's methodology must respond to the ever-increasing demands

Sallie Keller-McNulty; Alyson Wilson; Christine Anderson-Cook

2007-01-01

148

Drug Safety and Risk Management Advisory Committee  

Center for Biologics Evaluation and Research (CBER)

Text VersionPage 1. Drug Safety and Risk Management Advisory Committee Roster ... Management Director, Fellowship in Medical Toxicology ... More results from www.fda.gov/downloads/advisorycommittees/committeesmeetingmaterials

149

Enterprise Risk Management Solutions: A Case Study.  

National Technical Information Service (NTIS)

In recent years, financial risk management has received increasing attention from managers in both private and public enterprises, regulatory agencies, and elected officials. The purpose of this research is to prepare a case study of a firm that seeks to ...

D. C. Hays

2008-01-01

150

Assessing and Managing Risk with Suicidal Individuals  

ERIC Educational Resources Information Center

|The University of Washington Risk Assessment Protocol (UWRAP) and Risk Assessment and Management Protocol (UWRAMP) have been used in numerous clinical trials treating high-risk suicidal individuals over several years. These protocols structure assessors and treatment providers to provide a thorough suicide risk assessment, review standards of…

Linehan, Marsh M.; Comtois, Katherine A.; Ward-Ciesielski, Erin F.

2012-01-01

151

Assessing and Managing Risk with Suicidal Individuals  

ERIC Educational Resources Information Center

The University of Washington Risk Assessment Protocol (UWRAP) and Risk Assessment and Management Protocol (UWRAMP) have been used in numerous clinical trials treating high-risk suicidal individuals over several years. These protocols structure assessors and treatment providers to provide a thorough suicide risk assessment, review standards of care…

Linehan, Marsh M.; Comtois, Katherine A.; Ward-Ciesielski, Erin F.

2012-01-01

152

Risk contracts in managed mental health care  

Microsoft Academic Search

Prologue: The term risk contracting has become a familiar part of the vocabulary and the landscape of managed care. Risk contracting refers to an arrangement whereby the cost or claims risk for an insured population is borne by the entity that is desig- nated to bear risk: a prepaid plan or, as is increasingly the case for mental health care,

Richard G. Frank; Thomas G. McGuire; Joseph P. Newhouse

1995-01-01

153

Reliability and price risk assessment of a restructured power system with hybrid market structure  

Microsoft Academic Search

In a restructured power system with hybrid market structure, generation companies and customers trade electricity and reserve either through a centralized power pool or by bilateral contracts based on their price and reliability offers and requirements. This results in difficulty in price and reliability management of such power systems. This paper presents techniques to evaluate both reliabilities and prices for

Yi Ding; Peng Wang

2006-01-01

154

The Effects of System Design on Reliability and Risk  

Microsoft Academic Search

A majority a states now require electric utilities to provide annual reports on distribution system reliability. An increasing number are setting performance targets that utilities are expected to meet. For these reasons, most utilities are placing an increased emphasis on reliability improvement. Efforts typically begin with \\

Richard E. Brown; John H. Spare

2006-01-01

155

Measuring and Evaluating Maintenance Process Using Reliability, Risk, and Test Metrics  

Microsoft Academic Search

In analyzing the stability of a software maintenance process, it is important that it is not treated in isolation from the reliability and risk of deploying the software that result from applying the process. Furthermore, we need to consider the efficiency of the test effort that is a part of the process and a determinate of reliability and risk of

Norman F. Schneidewind

1999-01-01

156

Measuring and evaluating maintenance process using reliability, risk, and test metrics  

Microsoft Academic Search

In analyzing the stability of a maintenance process, it is important that it not be treated in isolation from the reliability and risk of deploying the software that result from applying the process. Furthermore, we need to consider the efficiency of the test effort that is a part of the process and a determinate of reliability and risk of deployment.

Norman F. Schneidewind

1997-01-01

157

Perspectives on quality control, risk management, and analytical quality management.  

PubMed

Quality control (QC) practices are changing in US laboratories as Centers for Medicare and Medicaid Services adopts individualized QC plans as a new option for compliance with the Clinical Laboratory Improvement Amendments regulations. The Joint Commission provides general guidance for applying risk management in health care organizations. The EP23A (Evaluation Protocol 23A) document from the Clinical and Laboratory Standards Institute provides specific guidance on the use of risk management for developing analytical QC plans. Medical laboratories should integrate risk management tools with existing quality management techniques and activities to provide an overall plan for analytical quality management. PMID:23331725

Westgard, James O

2012-12-20

158

North Carolina Assessment of Risk (NCAR): Reliability and Predictive Validity with Juvenile Offenders  

ERIC Educational Resources Information Center

|Actuarial risk assessment instruments are used increasingly in juvenile justice to classify youths according to their risk of recidivism. The purpose of this article is to describe the results of two studies of one instrument: the North Carolina Assessment of Risk (NCAR). In the first study, the inter-rater reliability of the risk assessment…

Schwalbe, Craig S.; Fraser, Mark W.; Day, Steven H.; Arnold, Elizabeth Mayfield

2004-01-01

159

[The management of risks by the global risk analysis].  

PubMed

After a reminder on the fundamental concepts of the management of risk, the author describes the overall analysis of risk (AGR), name given by the author to the up-to-date APR method which after several changes of the initial process aims to cover a perimeter of analysis and broader management both at the level of structural that business risks of any kind throughout the system development life cycle, of the study of its feasibility to dismantling. PMID:23602675

Desroches, A

2013-04-17

160

Overview of Risk Management for Engineered Nanomaterials  

NASA Astrophysics Data System (ADS)

Occupational exposure to engineered nanomaterials (ENMs) is considered a new and challenging occurrence. Preliminary information from laboratory studies indicates that workers exposed to some kinds of ENMs could be at risk of adverse health effects. To protect the nanomaterial workforce, a precautionary risk management approach is warranted and given the newness of ENMs and emergence of nanotechnology, a naturalistic view of risk management is useful. Employers have the primary responsibility for providing a safe and healthy workplace. This is achieved by identifying and managing risks which include recognition of hazards, assessing exposures, characterizing actual risk, and implementing measures to control those risks. Following traditional risk management models for nanomaterials is challenging because of uncertainties about the nature of hazards, issues in exposure assessment, questions about appropriate control methods, and lack of occupational exposure limits (OELs) or nano-specific regulations. In the absence of OELs specific for nanomaterials, a precautionary approach has been recommended in many countries. The precautionary approach entails minimizing exposures by using engineering controls and personal protective equipment (PPE). Generally, risk management utilizes the hierarchy of controls. Ideally, risk management for nanomaterials should be part of an enterprise-wide risk management program or system and this should include both risk control and a medical surveillance program that assesses the frequency of adverse effects among groups of workers exposed to nanomaterials. In some cases, the medical surveillance could include medical screening of individual workers to detect early signs of work-related illnesses. All medical surveillance should be used to assess the effectiveness of risk management; however, medical surveillance should be considered as a second line of defense to ensure that implemented risk management practices are effective.

Schulte, P. A.; Geraci, C. L.; Hodson, L. L.; Zumwalde, R. D.; Kuempel, E. D.; Murashov, V.; Martinez, K. F.; Heidel, D. S.

2013-04-01

161

Reliability  

Microsoft Academic Search

This special volume of Statistical Sciences presents some innovative, if not\\u000aprovocative, ideas in the area of reliability, or perhaps more appropriately\\u000anamed, integrated system assessment. In this age of exponential growth in\\u000ascience, engineering and technology, the capability to evaluate the\\u000aperformance, reliability and safety of complex systems presents new challenges.\\u000aToday's methodology must respond to the ever-increasing demands

Sallie Keller-McNulty; Alyson Wilson; Christine Anderson-Cook

2006-01-01

162

Pipeline risk management manual, second edition  

SciTech Connect

A tested and proven system is presented to prevent loss and assess risks. Now expanded and updated, this widely accepted standard reference guides one in managing the risks involved in pipeline operations. Pipeline engineers, designers, operators, and managers rely on this book`s basic risk assessment model--a practical, straightforward method for analyzing pipeline risks.this new edition covers many additional aspects of pipeline risk management, including: risk and cost of service interruption; risk of sabotage; methods to assess environmentally sensitive and high-value areas; workplace stress; and human error potential. It covers ways to create a resource allocation model by linking risk with cost, and includes clear step-by-step instructions and more than 50 examples. This edition also addresses offshore pipelines and distribution system pipelines as well as cross-country liquid and gas transmission pipelines.

Muhlbauer, W.K.

1996-10-01

163

Country Risk Management. Comptroller's Handbook.  

National Technical Information Service (NTIS)

Financial institutions increasingly do business abroad to diversify and expand their sources of revenue and profitability. This strategy exposes the bank to country risk and raises the potential for financial loss. Country risk is the risk that economic, ...

2008-01-01

164

Feedback on flood risk management  

NASA Astrophysics Data System (ADS)

For several years, as floods were increasing in South of France, local communities felt deprive to assume their mission of protection and information of citizens, and were looking for assistance in flood management. In term of flood disaster, the fact is that physical protection is necessary but inevitably limited. Tools and structures of assistance to anticipation remain slightly developed. To manage repeated crisis, local authorities need to be able to base their policy against flood on prevention, warnings, post-crisis analysis and feedback from former experience. In this objective, after 3 years of test and improvement since 2003, the initiative Predict-Services was developped in South of France: it aims at helping communities and companies to face repeated flood crisis. The principle is to prepare emergency plans, to organize crisis management and reduce risks; to help and assist communities and companies during crisis to activate and adapt their emergency plans with enough of anticipation; and to analyse floods effects and improve emergency plans afterwards. In order to reduce risks, and to keep the benefits of such an initiative, local communities and companies have to maintain the awareness of risk of the citizens and employees. They also have to maintain their safety plans to keep them constantly operational. This is a part of the message relayed. Companies, Local communities, local government authorities and basin stakeholders are the decision makers. Companies and local communities have to involve themselves in the elaboration of safety plans. They are also completely involved in their activation that is their own responsability. This applies to other local government authorities, like districts one's and basin stakeholders, which participle in the financing community safety plans and adminitrative district which are responsible of the transmission of meteorological alert and of rescue actions. In the crossing of the géo-information stemming from the space technology, communication, meteorology, hydraulics and hydrology, Predict-services brings help to local communities in their mission of protection and information to the citizens, for flood problems and helps companies to limit and delete operating losses facing floods. The initiative, developped by BRL, EADS Astrium, in association with Meteo France, has been employed and is functioning on cities of south of France, notably on Montpellier, and also on the scale of catchment area( BRL is a regional development company, a public private partnership controlled by the local gouvernments of the Languedoc-Roussillon Region). The initiative has to be coordinated with state services to secure continuity and coherence of information. This initiative is developped in dialogue with State services as Météo France, the Ministry for the interior, the Ministry for ecology and the durable development, the Regional Direction of the Environment (DIREN), the Central service of Hydrometeorology and Support to the Forecast of the Floods ( SCHAPI) and service of forecast of rising (SPC). It has been successfully functioning for 5 years with 300 southern cities from South West to South East of France and notably Montpellier and Sommières, famous for it’s flood problems on the Vidourle river where no human loss was to regret and where the economic impacts were minimized. Actually developed in cities of South of France, this initiative is to be developed nationaly and very soon internationally. Thanks to the efficiency of it’s method, this initiative is also developed in partnership with insurance company involved in prevention actions. The presentation will expose the feedback of this initiative and lessons learned.

Moreau, K.; Roumagnac, A.

2009-09-01

165

Sovereign Risk Management in Recession: The Cases of Sweden and China  

Microsoft Academic Search

Sovereign risk became a common issue after 2007 financial crisis happened. However, the crisis was only an incentive. Some high sovereign risk countries had lacked reliable sovereign risk management framework and lend overmuch debt before the crisis came. High cost of crisis and succeeding recession gave the world a critical strike. Using the cases of Sweden and China, I argue

Yuewen Zhang

2010-01-01

166

Management of familial breast cancer risk  

Microsoft Academic Search

Women who are members of breast cancer families are at increased risk for breast cancer. The cloning of BRCA1 and BRCA2 has made it possible to identify mutation carriers within some of these families. Management of breast cancer risk in these families, which presents enormous challenges to patients and clinicians, is addressed. Management should begin with a full evaluation of

Pamela J. Goodwin

2000-01-01

167

Quality, Risk and Operations Management: The Integration  

Microsoft Academic Search

Quality, just as risk, is measured as a consequence resulting from factors and events defined in terms of the statistical characteristics that underlie these events. Operations management deals with management decisions whose goal is to achieve efficiency and effectiveness in the design, manufacturing and deli very of products and services. In this work, we investigate how quality, risk and operatio

Ron S. Kenett

168

Risk Management, Real Options, Corporate Social Responsibility  

Microsoft Academic Search

The relationship of corporate social responsibility to risk management has been treated sporadically in the business society literature. Using real options theory, I develop the notion of corporate social responsibility as a real option its implications for risk management. Real options theory allows for a strategic view of corporate social responsibility. Specifically, real options theory suggests that corporate social responsibility

Bryan W. Husted

2005-01-01

169

Public Sector Risk Management: A Specific Model  

Microsoft Academic Search

Risk management programs for state mental health authorities are generally limited in scope and reactive in nature. Recent changes in how mental health care is provided render it necessary to redirect the risk management focus from its present institutional basis to a statewide, network-based paradigm that is integrated across public and private inpatient and community programs alike. These changes include

Ted Lawlor

2002-01-01

170

Determining hospital risk management staffing through analytics.  

PubMed

This article presents the development of an independent research project to gather time data from hospital risk managers in order to establish an objective, justifiable means of determining staffing levels recommended to support risk management activities and department functions. PMID:24078207

Howard, Chrystina M; Felton, Kenneth W

2013-01-01

171

Nano risk analysis: advancing the science for nanomaterials risk management.  

PubMed

Scientists, activists, industry, and governments have raised concerns about health and environmental risks of nanoscale materials. The Society for Risk Analysis convened experts in September 2008 in Washington, DC to deliberate on issues relating to the unique attributes of nanoscale materials that raise novel concerns about health risks. This article reports on the overall themes and findings of the workshop, uncovering the underlying issues for each of these topics that become recurring themes. The attributes of nanoscale particles and other nanomaterials that present novel issues for risk analysis are evaluated in a risk analysis framework, identifying challenges and opportunities for risk analysts and others seeking to assess and manage the risks from emerging nanoscale materials and nanotechnologies. Workshop deliberations and recommendations for advancing the risk analysis and management of nanotechnologies are presented. PMID:20846172

Shatkin, Jo Anne; Abbott, Linda Carolyn; Bradley, Ann E; Canady, Richard Alan; Guidotti, Tee; Kulinowski, Kristen M; Löfstedt, Ragnar E; Louis, Garrick; MacDonell, Margaret; Macdonell, Margaret; Maynard, Andrew D; Paoli, Greg; Sheremeta, Lorraine; Walker, Nigel; White, Ronald; Williams, Richard

2010-09-15

172

Trends in risk assessment and risk management  

Microsoft Academic Search

Environmental risk assessment has matured into a powerful analytical tool, which is finding ever-wider applications in the arena of policy making and regulation. However, the principal focus of its development to date has been on the technical challenges of characterising and modelling the environmental behaviour and biological action of chemicals, whereas issues concerning its broader socio-political context have been generally

G. H Eduljee

2000-01-01

173

Managing the bottom line: risk management in policing  

Microsoft Academic Search

Purpose – To present qualitative data illustrating how some of the largest law enforcement agencies in the USA use risk management in their efforts to control police liability. Design\\/methodology\\/approach – To explore this topic, two main data sources were utilized: telephone interviews with 354 law enforcement agencies identified the prevalence of the use of risk management by police agencies; and

Carol A. Archbold

2005-01-01

174

What risk management teaches us about ecosystem management  

Microsoft Academic Search

This paper outlines two of the dominant ecosystem-management paradigms, one based on the traditional paradigm of ecological risk assessment and the other based on the health paradigm of ecological risk assessment. After showing the central ethical strengths and weaknesses of the traditional paradigm and the health paradigm, the essay argues that the uncertainties surrounding these two paradigms require ecosystem management

Kristin S. Shrader-Frechette

1998-01-01

175

Still no reliable consensus in management of blow-out fracture.  

PubMed

BACKGROUND: Management of blow-out fractures (BOF) is addressed by different specialties. The general agreement is that patients with the potential for late enophthalmus development require early surgical intervention. In this study we wanted to: (i) evaluate the differences in opinions between the specialties that manage BOF and also whether there was a difference between surgeons from different countries, (ii) evaluate if surgeons handle these cases based upon their own individual criteria,(1) (iii) evaluate the correlation between the management of patients with orbital floor fractures and any late sequelae detected upon eye examination. MATERIALS AND METHODS: Eleven patients with BOF were selected from the records of the Department of ENT and Head & Neck Surgery, Karolinska University Hospital between 2003 and 2008. The cases were presented with a case history and CT scans to 46 surgeons from different countries and specialties and they were asked to give their opinions regarding the need for surgery, timing of surgery and the risk for late enophthalmus. We considered a group of surgeons to be in agreement if there was ?75% agreement on whether or not to operate, when to operate and on the risk for late enophthalmus. RESULT: The surgeons agreed on the choice of management for the patients (whether or not to operate) in only 5 of the 11 cases. Similarly, in only 5 of the 11 cases did the surgeons agree upon the risk for late enophthalmus. There was a greater difference between specialities than between physicians from the participating countries. CONCLUSION: There are considerable differences in opinions regarding the management of BOF due to a lack of a reliable consensus. The management of BOF appears to be based on both individual and local traditions. Guidelines based on a randomized prospective study in BOF are required. PMID:23141204

Alinasab, Babak; Ryott, Michael; Stjärne, Pär

2012-11-01

176

Specification of a Human Reliability Data Bank for Conducting HRA (Human Reliability Analysis) Segments of PRAs (Probabilistic Risk Assessments for Nuclear Power Plants.  

National Technical Information Service (NTIS)

This document specifies the personnel, resources, policies, and procedures for implementing and operating a human reliability data bank specifically tailored to support human reliability analysis (HRA) segments of probabilistic risk assessments (PRAs) for...

M. D. Donovan M. K. Comer

1985-01-01

177

Systems approach to project risk management  

SciTech Connect

This paper describes the need for better performance in the planning and execution of projects and examines the capabilities of two different project risk analysis methods for improving project performance. A quantitative approach based on concepts and tools adopted from the disciplines of systems analysis, probabilistic risk analysis, and other fields is advocated for managing risk in large and complex research & development projects. This paper also provides an overview of how this system analysis approach for project risk management is being used at Los Alamos National Laboratory along with examples of quantitative risk analysis results and their application to improve project performance.

Kindinger, J. P. (John P.)

2002-01-01

178

Managing risks in green building supply chain  

Microsoft Academic Search

The call for green building development provides the construction supply chain with new business opportunities. However, there are significant risks associated with such opportunities. This research aims at understanding the major risks and their distributions in the supply chain and developing strategies to manage these risks. 250 sets of survey questionnaires were set out to selected industry professionals in Australia

Patrick X. W. Zou; Paul Couani

2012-01-01

179

Everyday Strategies for Managing Risk and Uncertainty  

Microsoft Academic Search

Within interdisciplinary risk research strategies for managing risk and uncertainty based on cognitive rationality are seen as more effective than non-rational strategies, such as hope, belief or avoidance. However this dichotomy between rational and irrational strategies neglects a whole range of everyday approaches to risk that are neither completely rational nor irrational as they may involve the use of prior

Jens O. Zinn

180

Software Risk Management: Principles and Practices  

Microsoft Academic Search

The emerging discipline of software risk management is described. It is defined as an attempt to formalize the risk-oriented correlates of success into a readily applicable set of principles and practices. Its objectives are to identify, address, and eliminate risk items before they become either threats to successful software operation or major sources of software rework. The basic concepts are

Barry W. Boehm

1991-01-01

181

Landslide risk assessment and management: an overview  

Microsoft Academic Search

Landslides can result in enormous casualties and huge economic losses in mountainous regions. In order to mitigate landslide hazard effectively, new methodologies are required to develop a better understanding of landslide hazard and to make rational decisions on the allocation of funds for management of landslide risk. Recent advances in risk analysis and risk assessment are beginning to provide systematic

F. c. Dai; C. f. Lee; Y. y. Ngai

2002-01-01

182

Approaches to managing global sourcing risk  

Microsoft Academic Search

Purpose – Global sourcing can bring many benefits to organisations, but it can also expose them to a number of risks. The purpose of this study is to understand how managers assess global sourcing risks across the entire supply chain and what actions they take to mitigate those risks. Design\\/methodology\\/approach – A multiple case study approach was used, involving 15

Martin Christopher; Carlos Mena; Omera Khan; Oznur Yurt

2011-01-01

183

Nonparametric risk management and implied risk aversion  

Microsoft Academic Search

Typical value-at-risk (VaR) calculations involve the probabilities of extreme dollar losses, based on the statistical distributions of market prices. Such quantities do not account for the fact that the same dollar loss can have two very different economic valuations, depending on business conditions. We propose a nonparametric VaR measure that incorporates economic valuation according to the state-price density associated with

Andrew W. Lo

2000-01-01

184

Risk and risk assessment in health emergency management.  

PubMed

This article considers the critical roles of risk and risk assessment in the management of health emergencies and disasters. The Task Force on Quality Control of Disaster Management (TFQCDM) has defined risk as the "objective (mathematical) or subjective (inductive) probability that something negative will occur (happen)". Risks with the greatest relevance to health emergency management include: (1) the probability that a health hazard exists or will occur; (2) the probability that the hazard will become an event; (3) the probability that the event will lead to health damage; and (4) the probability that the health damage will lead to a health disaster. The overall risk of a health disaster is the product of these four probabilities. Risk assessments are the tools that help systems at risk-healthcare organizations, communities, regions, states, and countries-transform their visceral reactions to threats into rational strategies for risk reduction. Type I errors in risk assessment occur when situations are predicted that do not occur (risk is overestimated). Type II errors in risk assessment occur when situations are not predicted that do occur (risk is underestimated). Both types of error may have serious, even lethal, consequences. Errors in risk assessment may be reduced through strategies that optimize risk assessment, including the: (1) adoption of the TFQCDM definition of risk and other terms; (2) specification of the system at risk and situations of interest (hazard, event, damage, and health disaster); (3) adoption of a best practice approach to risk assessment methodology; (4) assembly of the requisite range of expert participants and information; (5) adoption of an evidence-based approach to using information; (6) exclusion of biased, irrelevant, and obsolete information; and (7) complete characterizations of any underlying fault and event trees. PMID:16018501

Arnold, Jeffrey L

185

Why separate risk assessors and risk managers? Further external values affecting the risk assessor qua risk assessor  

Microsoft Academic Search

The functional separation of risk assessment and risk management has long been at the heart of risk analysis structures. Equally long it has been criticized for creating technocratic risk management due to valuations being done in the risk assessment to which the stakeholders do not have access. The criticism has mostly been of an ethical nature. Arguably, in separating risk

Niklas Vareman; Johannes Persson

2010-01-01

186

Legally Speaking: Public Procurement's Three Pillars of Risk Management  

Microsoft Academic Search

Summary. Risk management is activity undertaken in an organization to identify and manage threats to achieving organizational objectives. In 2004, the Committee of Sponsoring Organizations published its Enterprise Risk Management - Integrated Framework as a structured approach to risk management. Using three pillars of procurement risk management -- procurement planning, solicitation and award, and contract management - this paper will

Aldridge LLP

187

Role of exposure databases in risk management  

SciTech Connect

Despite the development of numerous national exposure-related databases, exposure assessment remains a weak link in the chain of risk assessment and risk-management activities. Most databases include measures of environmental releases or concentrations of pollutants in specific media, but do not include actual measures of exposure. If accurate estimates of exposure experienced by populations or individuals are absent, it is impossible to judge the effectiveness of risk-management strategies. The Risk Management Work Group evaluation identified the following needs: refinement of measurements of total exposure experienced by individuals, improved characterization of the distribution of exposures in the population, longitudinal monitoring of exposure trends, and improved information about the public health implications of exposure. Recommendations are presented with the hope that the utility of existing databases will be improved and that future initiatives will be developed that meet the needs of risk management.

Burke, T.; Anderson, H.; Beach, N.; Colome, S.; Drew, R.T.; Firestone, M.; Hauchman, F.S.; Miller, T.O.; Wagener, D.K.; Zeise, L. (Johns Hopkins Univ., Baltimore, MD (United States))

1992-11-01

188

Advanced reactor instrumentation and control reliability and risk assessment  

SciTech Connect

Advanced nuclear power reactors will used different approaches to achieving a higher level of safety than the first generation. One approach used the technological developments in computation and electronics in the form of digital instrumentation and control (I C) to enhance the reliability, and accuracy of information for plant control, responding to the information, and controlling the plant and its systems under normal and upset environments in various states of degradation. Evaluating the reliability and safety of advanced I C systems requires determining the reliability of the I C used in the advanced reactors which involves distributed processing, data pile-up, interactive systems, the man-machine interface, various forms of automatic control, and systems interactions. From these analyses will come an understanding of the potential of the new I C, and protection from its vulnerabilities to enhance the safe operation of the new plants. Technological, safety, reliability, and regulatory issues associated with advanced I C for the new reactors are discussed herein. The issues are presented followed by suggested approaches to their resolution.

Fullwood, R.; Gunther, W.; Valente, J.; Azarm, M.A.

1991-01-01

189

Advanced reactor instrumentation and control reliability and risk assessment  

SciTech Connect

Advanced nuclear power reactors will used different approaches to achieving a higher level of safety than the first generation. One approach used the technological developments in computation and electronics in the form of digital instrumentation and control (I&C) to enhance the reliability, and accuracy of information for plant control, responding to the information, and controlling the plant and its systems under normal and upset environments in various states of degradation. Evaluating the reliability and safety of advanced I&C systems requires determining the reliability of the I&C used in the advanced reactors which involves distributed processing, data pile-up, interactive systems, the man-machine interface, various forms of automatic control, and systems interactions. From these analyses will come an understanding of the potential of the new I&C, and protection from its vulnerabilities to enhance the safe operation of the new plants. Technological, safety, reliability, and regulatory issues associated with advanced I&C for the new reactors are discussed herein. The issues are presented followed by suggested approaches to their resolution.

Fullwood, R.; Gunther, W.; Valente, J.; Azarm, M.A.

1991-12-31

190

Analysis of dependent failures in risk assessment and reliability evaluation  

Microsoft Academic Search

The ability to estimate the risk of potential reactor accidents is largely determined by the ability to analyze statistically dependent multiple failures. The importance of dependent failures has been indicated in recent probabilistic risk assessment (PRA) studies as well as in reports of reactor operating experiences. This article highlights the importance of several different types of dependent failures from the

K. N. Fleming; A. Mosleh; A. P. Jr. Kelley

2009-01-01

191

Risk assessment and management in bipolar disorders.  

PubMed

Bipolar affective disorders carry significant risks to the patient and sometimes others. The form of the illness relapse needs to be determined, and high-risk features such as psychosis and suicide considered. Gathering collateral information from others is invaluable. Mania brings particular risks of disinhibition, poor judgement, risk taking and sometimes aggression. Depression carries notable risks of suicidal behaviour, poor self-care and homicide. Both mania and depression bring risks of substance misuse and disrupted relationships. Management requires an optimal therapeutic alliance with good communication, appropriate treatment and sometimes compulsory care during crises. Preventive strategies are invaluable. PMID:20712556

Bassett, Darryl L

2010-08-16

192

Managing incomplete knowledge: Why risk management is not sufficient  

Microsoft Academic Search

The Project Management Institute’s Guide to the Project Management Body of Knowledge (PMBOK) underpins many initiatives to improve project management practice. It is widely used for training and underpins the development of competency standards. Because of its fundamental importance, the PMBOK should be critically reviewed.This paper agues for an expansion of the PMBOK Guide’s risk management knowledge area to include

Steven Pender

2001-01-01

193

Foundational issues in risk assessment and risk management.  

PubMed

In spite of the maturity reached by many of the methods used in risk assessment and risk management, broad consensus has not been established on fundamental concepts and principles. The risk fields still suffer from a lack of clarity on many key scientific pillars. The purpose of this article is to point to this situation and through some illustrating examples discuss the challenges that the fields here face. Moreover, the purpose of the article is to reflect on how to improve the present situation and enhance the risk fields. We argue that the establishment of some common scientific pillars as well as a strong and continuous research focus on foundational issues are critical success factors. The article specifically addresses the role of the peer-reviewed journals and the international standards in the fields. We hope that the article can contribute to a revitalization of the discussion of foundational issues in risk assessment and risk management. PMID:22404602

Aven, Terje

2012-03-08

194

12 CFR 704.21 - Enterprise risk management.  

Code of Federal Regulations, 2013 CFR

...must develop and follow an enterprise risk management policy...credit union must establish an enterprise risk management committee...responsible for reviewing the enterprise-wide risk management practices...education; an actuarial, accounting, economics,...

2013-01-01

195

PRESIDENTIAL COMMISSION ON RISK ASSESSMENT AND RISK MANAGEMENT  

EPA Science Inventory

September 26, 1997. The Presidential/Congressional Commission on Risk Assessment and Risk Management, which was mandated as part of the Clean Air Act Amendments of 1990, was disbanded on August 31, 1997, with some staff work continuing into September. The reports and asso...

196

Intelligent adversary risk analysis: a bioterrorism risk management model.  

PubMed

The tragic events of 9/11 and the concerns about the potential for a terrorist or hostile state attack with weapons of mass destruction have led to an increased emphasis on risk analysis for homeland security. Uncertain hazards (natural and engineering) have been successfully analyzed using probabilistic risk analysis (PRA). Unlike uncertain hazards, terrorists and hostile states are intelligent adversaries who can observe our vulnerabilities and dynamically adapt their plans and actions to achieve their objectives. This article compares uncertain hazard risk analysis with intelligent adversary risk analysis, describes the intelligent adversary risk analysis challenges, and presents a probabilistic defender-attacker-defender model to evaluate the baseline risk and the potential risk reduction provided by defender investments. The model includes defender decisions prior to an attack; attacker decisions during the attack; defender actions after an attack; and the uncertainties of attack implementation, detection, and consequences. The risk management model is demonstrated with an illustrative bioterrorism problem with notional data. PMID:20002893

Parnell, Gregory S; Smith, Christopher M; Moxley, Frederick I

2009-12-11

197

Reliability Acceptance Sampling Plans Based upon Prior Distribution. Volume II. Risk Criteria and Their Interpretation.  

National Technical Information Service (NTIS)

This report deals with the definitions, interpretations and appropriateness of producer's and consumer's risks for the design of reliability acceptance sampling plans based upon prior distribution. The general approach presented here is applicable to any ...

A. L. Goel A. M. Joglekar

1976-01-01

198

Adaptation of Porter's Five Forces Model to Risk Management.  

National Technical Information Service (NTIS)

Prominent tools for assessing and managing risk include risk cubes, risk burndown charts, and automated risk management software. They are generally lacking, however, in accommodating ideation and brainstorming to identify potential problems. A suggested ...

J. F. Rice

2010-01-01

199

Reliability-Aware Energy Management for Periodic Real-Time Tasks  

Microsoft Academic Search

Dynamic voltage and frequency scaling (DVFS) has been widely used to manage energy in real-time embedded systems. However, it was recently shown that DVFS has direct and adverse effects on system reliability. In this work, we investigate static and dynamic reliability-aware energy management schemes to minimize energy consumption for periodic real-time systems while preserving system reliability. Focusing on earliest deadline

Dakai Zhu; Hakan Aydin

2009-01-01

200

The Xyrem risk management program.  

PubMed

Sodium oxybate, also known as gamma-hydroxybutyric acid (GHB), was discovered in 1960 and has been described both as a therapeutic agent with high medical value and, more recently, a substance of abuse. The naturally occurring form of this drug is found in various body tissues but has been studied most extensively in the CNS where its possible function as a neurotransmitter continues to be studied. Sodium oxybate has been approved in different countries for such varied uses as general anaesthesia, the treatment of alcohol withdrawal and addiction, and, most recently, cataplexy associated with narcolepsy. During the 1980s, easy access to GHB-containing products led to various unapproved uses, including weight loss, bodybuilding and the treatment of sleeplessness, sometimes with serious long-term effects. The availability of these unapproved and unregulated forms of the drug led to GHB and its analogues being popularised as substances of abuse and subsequent notoriety as agents used in drug-facilitated sexual assault, or 'date rape', eventually leading to the prohibition of GHB sales in the US. Legal efforts to control the sale and distribution of GHB and its analogues nearly prevented the clinical development of sodium oxybate for narcolepsy in the US. However, following extensive discussions with a variety of interested parties, a satisfactory solution was devised, including legislative action and the development of the Xyrem Risk Management Program. Amendments to the US Controlled Substances Act made GHB a schedule I drug, but also contained provisions that allow US FDA-approved products to be placed under schedule III. This unique, bifurcated schedule for sodium oxybate/GHB allowed the clinical development of sodium oxybate to proceed and, in July 2002, it was approved by the FDA as an orphan drug for the treatment of cataplexy in patients with narcolepsy as Xyrem(sodium oxybate) oral solution. To promote the safe use of sodium oxybate, as well as alleviate concerns over possible diversion and abuse following product approval, a proprietary restricted drug distribution system was created, called the Xyrem Success Program. Components of the programme include a centralised distribution and dispensing system, a physician and patient registry, compulsory educational materials for patients and physicians, a specially trained pharmacy staff, a method for tracking prescription shipments, and an initial post-marketing surveillance programme. The system has created a unique opportunity to provide both physician and patient education and ongoing patient counselling, promoting greater drug safety and enhanced patient compliance. PMID:15061684

Fuller, David E; Hornfeldt, Carl S; Kelloway, Judy S; Stahl, Pamela J; Anderson, Todd F

2004-01-01

201

Risk Management and Safety Net Program Survey  

Microsoft Academic Search

Agriculture and Agri-Food Canada commissioned Angus Reid Group to conduct a national study on risk management and safety net programs. Interviews were completed with 2,400 producers in November\\/December 1999 whose \\

2000-01-01

202

Risk management for the '90s.  

PubMed

Two basic areas of risk management are recordkeeping and informed consent. Most dental offices can improve both to make the patient a more aware participant in care and make an unfounded allegation of negligence easier to disprove. PMID:8335782

Bressman, J K

1993-03-01

203

Guide to the FAATC Risk Management Process.  

National Technical Information Service (NTIS)

This report provides a summary and guidance to the Federal Aviation Administration (FAA) William J. Hughes Technical Center (FAATC) Risk Management Process, developed by Abacus Technology Corporation in conjunction with the FAATC. Abacus Technology used t...

R. T. Lazarick

1999-01-01

204

Auditing Rational Adversaries to Provably Manage Risks.  

National Technical Information Service (NTIS)

Audits to detect policy violations coupled with punishments are essential to manage risks stemming from inappropriate information use by authorized insiders in organizations that handle large volumes of personal information (e.g., in healthcare, finance, ...

A. Datta A. Sinha J. Blocki N. Christin

2012-01-01

205

Drug Safety and Risk Management Advisory Committee  

Center for Biologics Evaluation and Research (CBER)

Text VersionPage 1. Drug Safety and Risk Management Advisory Committee Roster Chair Lewis Nelson, MD Expertise: Toxicology ... More results from www.fda.gov/downloads/advisorycommittees/committeesmeetingmaterials

206

Management Oversight and Risk Tree - MORT.  

National Technical Information Service (NTIS)

A management Oversight and Risk Tree (MORT) was designed to provede a technique for thorough, searching investigation of occupational accidents and analysis of safety programs. MORT has been used to improve safety in specific activities and in already low...

W. G. Johnson

1973-01-01

207

Intelligence Support to Supply Chain Risk Management.  

National Technical Information Service (NTIS)

The purpose of this research was to improve defense supply chain risk management processes through better intelligence integration. To this end, this research sought to capture the present state of academic and Department of Defense (DoD) thought regardin...

C. L. Carter

2012-01-01

208

LISTSERVER - NATIONAL RISK MANAGEMENT RESEARCH LABORATORY  

EPA Science Inventory

To expand and improve communication to stakeholders, the National Risk Management Research Laboratory (NRMRL) has established a listserver to more quickly announce publications, workshops, conferences, and other activities related to NRMRL's research activities. The listserver i...

209

76 FR 10583 - Priorities for Addressing Risks to the Reliability of the Bulk-Power System; Notice Establishing...  

Federal Register 2010, 2011, 2012, 2013

...Addressing Risks to the Reliability of the Bulk- Power System; Notice Establishing Date...addressing risks to the reliability of the Bulk-Power System, as previously announced...Addressing Risks to the Reliability of the Bulk-Power System, 76 FR 2369 (January...

2011-02-25

210

Project risk management: lessons learned from software development environment  

Microsoft Academic Search

The challenges and realities in applying effective software risk management processes are difficult, in particular integrating the risk management processes into software development organizations. However, the benefits of implementing effective risk management tools and techniques in software development project are equally great. Current perceptions and emerging trends of various software risk management practices are reviewed and risks specific to software

Y. H. Kwak; J. Stoddard

2004-01-01

211

Radiation risk management at DOE accelerator facilities  

SciTech Connect

The DOE accelerator contractors have been discussing among themselves and with the Department how to improve radiation safety risk management. This activity-how to assure prevention of unplanned high exposures-is separate from normal exposure management, which historically has been quite successful. The ad-hoc Committee on the Accelerator Safety Order and Guidance [CASOG], formed by the Accelerator Section of the HPS, has proposed a risk- based approach, which will be discussed. Concepts involved are risk quantification and comparison (including with non-radiation risk), passive and active (reacting) protection systems, and probabilistic analysis. Different models of risk management will be presented, and the changing regulatory environment will also be discussed..

Dyck, O.B. van

1997-01-01

212

Recent Advances in Credit Risk Management  

Microsoft Academic Search

In the last decade, the market for credit related products as well as techniques for credit risk management have undergone\\u000a several changes. Financial crises and a high number of defaults during the late 1990s have stimulated not only public interest\\u000a in credit risk management, but also their awareness of its importance in today's investment environment. Also the market for\\u000a credit

Frances Cowell; Borjana Racheva; Stefan Trück

213

RISK ,S ECURITY, AND DISASTER MANAGEMENT  

Microsoft Academic Search

? Abstract This review examines,the policies and practices that address the evolv- ing conditions of risk, security, and disaster management in U.S. society. Although each condition presents particular challenges to public agencies and the communities they serve, all represent varying states of uncertainty and require different approaches for informed,action. This analysis reframes the issue of managing,risk by focusing on the

Louise K. Comfort

2005-01-01

214

Teaching Risk Management: Addressing ACGME Core Competencies  

PubMed Central

Background Risk management is an important aspect of education for all residents. Unfortunately, few curricula currently exist to fulfill this educational need. Objective We developed a curriculum that teaches residents basic principles of risk management with the goals of (1) educating residents about the medical-legal environment in which they operate, (2) helping residents identify common malpractice exposures, and (3) teaching practical risk management/patient safety interventions that can be implemented in their practice that could reduce malpractice exposure and improve patient safety. Methods The curriculum was developed by Medical Risk Management, LLC, a Connecticut-based risk management firm, in conjunction with academic leadership at the University of Connecticut. The program uses 3 learning modalities: live lectures, web-based video modules, and e-mailed learning publications. Gains in resident knowledge through participation in the curriculum were measured using pretests and posttests. Learner satisfaction with the curriculum was measured through web-based surveys. Results We found a significant improvement in knowledge in residents who took the pretest and posttest (P < .001). Of the survey respondents, 97% said the content was relevant to their specialty practice and 95% responded that these sessions should be held annually. Most respondents indicated they would change their practice as a result of what they learned from the live lectures. Conclusion This risk management curriculum has been successful in providing our residents with learning activities in risk management, improving their knowledge of risk management principles, and changing their attitudes and behaviors. These improvements may lead to fewer malpractice claims against them and the hospitals they train in.

Nissen, Kiki; Angus, Steven V.; Miller, Wendy; Silverman, Adam R.

2010-01-01

215

Risk Management: An International Perspective.  

ERIC Educational Resources Information Center

Focuses on risks and challenges of conducting adventure programming in foreign countries. Recommends actions to take before the crisis (involving assumptions, risk evaluation, emergency evacuation plans, awareness of medical-care costs, and foreign communications systems, family procedures plan, briefings); during the crisis (meeting staff and…

Garvey, Daniel

1998-01-01

216

Risk Management: An International Perspective.  

ERIC Educational Resources Information Center

|Focuses on risks and challenges of conducting adventure programming in foreign countries. Recommends actions to take before the crisis (involving assumptions, risk evaluation, emergency evacuation plans, awareness of medical-care costs, and foreign communications systems, family procedures plan, briefings); during the crisis (meeting staff and…

Garvey, Daniel

1998-01-01

217

Risk management, assessment, and acceptability  

Microsoft Academic Search

The Electric Power Research Institute discusses how prabable risk analysis has become a part of the safety review of the Nuclear Regulatory Commission. Professional concern has been focused on the frequency of core melt. The virtue of these risk assessments is the disclosure of the system's causal relationships and feedback mechanisms, which might lead to technical improvement in the performance

Chauncey Starr

1985-01-01

218

Risk management in waste water treatment.  

PubMed

With the continuous restructuring of the water market due to liberalisation, privatisation and internationalisation processes, the requirements on waste water disposal companies have grown. Increasing competition requires a target-oriented and clearly structured procedure. At the same time it is necessary to meet the environment-relevant legal requirements and to design the processes to be environment-oriented. The implementation of risk management and the integration of such a management instrument in an existing system in addition to the use of modern technologies and procedures can help to make the operation of the waste water treatment safer and consequently strengthen market position. The risk management process consists of three phases, risk identification, risk analysis/risk assessment and risk handling, which are based on each other, as well as of the risk managing. To achieve an identification of the risks as complete as possible, a subdivision of the kind of risks (e.g. legal, financial, market, operational) is suggested. One possibility to assess risks is the portfolio method which offers clear representation. It allows a division of the risks into classes showing which areas need handling. The determination of the appropriate measures to handle a risk (e.g. avoidance, reduction, shift) is included in the concluding third phase. Different strategies can be applied here. On the one hand, the cause-oriented strategy, aiming at preventive measures which aim to reduce the probability of occurrence of a risk (e.g. creation of redundancy, systems with low susceptibility to malfunction). On the other hand, the effect-oriented strategy, aiming to minimise the level of damage in case of an undesired occurrence (e.g. use of alarm systems, insurance cover). PMID:16477971

Wagner, M; Strube, I

2005-01-01

219

Safety optimization through risk management  

NASA Astrophysics Data System (ADS)

The paper discusses the overall process of system safety optimization in the space program environment and addresses in particular methods that enhance the efficiency of this activity. Effective system safety optimization is achieved by concentrating the available engineering and safety assurance resouces on the main risk contributors. The qualitative risk contributor identification by means of the hazard analyses and the FMECA constitute the basis for the system safety process. The risk contributors are ranked firstly on a qualitative basis according to the consequence severities. This ranking is then refined by mishap propagation/recovery time considerations and by probabilistic means (PRA). Finally, in order to broaden and extend the use of risk contributor ranking as a managerial tool in project resource assignment, quality, manufacturing and operations related critical characteristics, i.e. risk influencing factors, are identified for managerial visibility.

Wright, K.; Peltonen, P.

220

Safety optimisation through risk management  

NASA Astrophysics Data System (ADS)

The paper discusses the overall process of system safety optimization in the space program environment and addresses in particular methods that enhance the efficiency of this activity. Effective system safety optimization is achieved by concentrating the available engineering and safety assurance resources on the main risk contributors. The qualitative risk contributor identification by means of the hazard analyses and the FMECA constitute the basis for the system safety process. The risk contributors are ranked firstly on a qualitative basis according to the consequence severities. This ranking is then refined by mishap propagation/recovery time considerations and by probabilistic means (PRA). Finally, in order to broaden and extend the use of risk contributor ranking as a managerial tool in project resource assignment, quality, manufacturing and operations related critical characteristics, i.e., risk influencing factors, are identified for managerial visibility.

Wright, K.; Peltonen, P.

1992-08-01

221

Management of multihazards risk for metropolitan regions  

NASA Astrophysics Data System (ADS)

This proposal outlines an action plan for risk management in the Delaware Valley Metropolitan Region. This plan is consistent with the goals for strengthening homeland security announced by President Bush, and is designed to complement efforts currently under development by Pennsylvania Emergency Management Agency and Department of Health. This plan proposes the formation of a Delaware Valley Risk Management Consortium, representing the critical disciplines and organizations related to risk assessment and management. This group would have membership from academic institutions, government agencies, industry, and nonprofit organizations. This Consortium would develop a systemic scope of work with the appropriate recommendations for technology acquisition, development and integration with risk management policies and procedures. This scope of work would include the development of two related information systems for the Delaware Valley Region. The first would be a comprehensive 'health monitoring' system to assess the continuity of operations, which would use integrated remote sensing and imaging, information gathering, communication, computation, and, information processing and management over wide-area networks covering the entire metropolitan area. The second would use real-time information from the health monitoring system to support interactive communication, search and information exchange needed to coordinate action among the relevant agencies to mitigate risk, respond to hazards and manage its resources efficiently and effectively.

Aktan, A. Emin; Comfort, Louise K.; Shanis, Donald S.

2003-07-01

222

A procedure for risk management with reference to software  

Microsoft Academic Search

Risk management is examined through use of analysis disciplines. A method for risk management is presented which consists of a three-dimensional classification schema. This classification method is based on risk categories, risk danger levels, and the probabilities of the risk actually occurring. The method allows for the total management of the risk aspects of a project. The processes are for

M. Ben-Menachem

1991-01-01

223

Mathematics and applications of risk management in e-commerce  

Microsoft Academic Search

Risk management mathematics and applications in e-commerce have four periods: plan, value risk, manage risk, analysis and improve. The plan period is the preparative time. Value at Risk is the maximum loss not exceeded with a given probability defined as the confidence level, over a given period of time. Manage risk control the risk in order to reduce the loss

Chen Gang

2009-01-01

224

Spatial technology for natural risk management  

Microsoft Academic Search

This study integrates high spatial resolution remote sensor data with geographic information system (GIS) data and multi-criteria analysis to develop a methodology to model disaster risk for flood risk management and in peat swamp forest fires in order to assist in providing decision support systems for emergency operations and disaster prevention. Landslides are the result of a wide variety of

Shattri Mansor; Mohammed Abu Shariah; Lawal Billa; Iwan Setiawan; Faisal Jabar

2004-01-01

225

Essential features for proactive risk management  

Microsoft Academic Search

We propose a proactive approach to the management of occupational health risks in emerging technologies based on six features: qualitative risk assessment; the ability to adapt strategies and refine requirements; an appropriate level of precaution; global applicability; the ability to elicit voluntary cooperation by companies; and stakeholder involvement.

Vladimir Murashov; John Howard

2009-01-01

226

Understanding and managing risk in software systems.  

National Technical Information Service (NTIS)

When software is used in safety-critical, security-critical, or mission-critical situations, it is imperative to understand and manage the risks involved. A risk assessment methodology and toolset have been developed which are specific to software systems...

S. K. Fletcher R. Jansma J. Lim M. Murphy G. Wyss

1995-01-01

227

On the ALARP approach to risk management  

Microsoft Academic Search

There is an increasing trend by regulatory authorities for the introduction of the as low as reasonably practicable (ALARP) approach in dealing with risk management of proposed or existing complex hazardous systems. For these, decisions about acceptability or tolerability of risks and consequences can have very significant financial, economic and other consequences for the proponents. Conversely, there may be very

R. E. Melchers

2001-01-01

228

Safety Culture and Risk Management in Organizations  

Microsoft Academic Search

The concept of safety culture arose in the aftermath of the Chernobyl disaster. It is argued that safety culture represents a new way of conceptualizing processes of risk handling and management in organizational and other contexts. Safety culture provides a global characterization of some of the common behavioral preconditions to disasters and accidents in high-risk sociotechnical systems, and might also

Nick F. Pidgeon

1991-01-01

229

A Risk Management Model for Project Execution  

Microsoft Academic Search

Risk management is becoming a key factor within organizations since it ensures a successful execution of projects. In an organization life cycle, there is simply no way to guarantee a completely risk free workplace. Moreover, information is essential to efficient and effective business processes and it is a critical success factor for a competitive market position. Due to this fact,

Fadi Thabtah; Louay Karadsheh

230

Evolving operational risk management for retail payments  

Microsoft Academic Search

Payment systems are an integral part component of banking that is undergoing material change. Industry trends and discussions with key banking personnel highlighted four issues that are top concerns for banks engaged in emerging payments: changing delivery channels and safeguards, fraud, vendor and oversight, and operational risk measurement and reporting. While risk management practices are evolving to meet current and

Paul Kellogg

2003-01-01

231

Lessons Learned in Risk Management on NCSX  

SciTech Connect

The National Compact Stellarator Experiment (NCSX) was designed to test physics principles of an innovative stellarator design developed by the Princeton Plasma Physics Laboratory and Oak Ridge National Laboratory. Construction of some of the major components and sub-assemblies was completed, but the estimated cost and schedule for completing the project grew as the technical requirements and risks became better understood, leading to its cancellation in 2008. The project's risks stemmed from its technical challenges, primarily the complex component geometries and tight tolerances that were required. The initial baseline, established in 2004, was supported by a risk management plan and risk-based contingencies, both of which proved to be inadequate. Technical successes were achieved in the construction of challenging components and subassemblies, but cost and schedule growth was experienced. As part of an effort to improve project performance, a new risk management program was devised and implemented in 2007-08. It led to a better understanding of project risks, a sounder basis for contingency estimates, and improved management tools. Although the risks ultimately were unacceptable to the sponsor, valuable lessons in risk management were learned through the experiences with the NCSX project.

G.H. Neilson, C.O. Gruber, J.H. Harris, D.J. Rej, R.T. Simmons, and R.L. Strykowsky

2009-07-21

232

Lessons Learned in Risk Management on NCSX  

SciTech Connect

The National Compact Stellarator Experiment (NCSX) was designed to test physics principles of an innovative stellarator design developed by the Princeton Plasma Physics Laboratory and Oak Ridge National Laboratory. Construction of some of the major components and sub-assemblies was completed, but the estimated cost and schedule for completing the project grew as the technical requirements and risks became better understood, leading to its cancellation in 2008. The project's risks stemmed from its technical challenges, primarily the complex component geometries and tight tolerances that were required. The initial baseline, established in 2004, was supported by a risk management plan and risk-based contingencies, both of which proved to be inadequate. Technical successes were achieved in the construction of challenging components and subassemblies, but cost and schedule growth was experienced. As part of an effort to improve project performance, a new risk management program was devised and implemented in 2007-08. It led to a better understanding of project risks, a sounder basis for contingency estimates, and improved management tools. Although the risks ultimately were unacceptable to the sponsor, valuable lessons in risk management were learned through the experiences with the NCSX project.

G.H. Neilson, C.O. Gruber, J.H. Harris, D.J. Rej, R.T. Simmons, and R.L. Strykowsky

2009-02-11

233

Reliability and risk allocation in nuclear power plants: A decision-theoretic approach  

SciTech Connect

A methodology is described for allocating reliability to various nuclear reactor systems, subsystems, components, operations, and structures consistent with a set of global safety criteria that are not rigid. The problem is formulated as a multiattribute decision analysis paradigm; the multiobjective optimization, which is performed on a probabilistic risk assessment model and reliability cost functions, serves as the guiding principle for reliability and risk allocation. The concept of ''noninferiority'' is used in the multiobjective optimization problem. Finding the noninferior solution set is the main theme of the current approach. The assessment of the decision-maker's preferences could then be performed more easily on the noninferior solution set.

Papazoglou, J.A.; Cho, N.Z.; Bari, R.A.

1986-09-01

234

Risk Management in IT Project's Establishment  

Microsoft Academic Search

As the risk management of information technology is more and more important for enterprises' crisis management, the emphases of the whole course moving from the back to front has become an obvious trend in IT project's development. The IT project's establishment is no longer a simple and single action, but a complicated process which can be taken as system engineering.

Zheng Qin; Qingchen Shang

2008-01-01

235

Risk Management in the BPM Lifecycle  

Microsoft Academic Search

Business Process Management (BPM) is considered an essential strategy to create and maintain sustainable competitive advantage. While researchers are anxious to identify critical success factors for the management of business process related projects, the risks associated with these projects have received considerably less attention. This is a concern: Although BPM projects contain phases that relate to software development and deployment,

Michael Zur Muehlen; Danny Ting-yi Ho

2005-01-01

236

Risk management of non-maturing liabilities  

Microsoft Academic Search

Risk management of non-maturing liabilities is a relatively unstudied issue of significant practical importance. Non-maturing liabilities include most of the traditional deposit accounts like demand deposits, savings accounts and short time deposits and form the basis of the funding of depository institutions. Therefore, the asset and liability management of depository institutions depends crucially on an accurate understanding of the liquidity

Michael Kalkbrener; Jan Willing

2004-01-01

237

Numerical approach to Cryptosporidium risk assessment using reliability method  

Microsoft Academic Search

A previously developed Cryptosporidium transport model is solved numerically to investigate the transport and interactions between Cryptosporidium, water and surface sediment and to estimate the risk of surface water contamination by Cryptosporidium. The primary objective of this study is to expand the work of Yeghiazarian (Ph.D. dissertation, Cornell University 2001)where the analytical solution of the Cryptosporidium transport model was obtained

Lilit Yeghiazarian; Jery R. Stedinger; Carlo D. Montemagno

2008-01-01

238

Reliability tool for initial quantified functional risk and hazard analysis  

Microsoft Academic Search

Execution of NASA's Vision for Space Exploration through Project Constellation involves the integration of multiple mission architecture and vehicle design teams. One of these is the Altair Lunar Lander Design Team, which had chosen to approach the vehicle development through a process of risk-informed design. Following the \\

Blake F. Putney; Edward Tavernetti; Joseph R. Fragola; Eric A. Gold

2009-01-01

239

Distributed dynamic event tree generation for reliability and risk assessment  

Microsoft Academic Search

Level 2 probabilistic risk assessments of nuclear plants (analysis of radionuclide release from containment) may require hundreds of runs of severe accident analysis codes such as MELCOR or RELAP\\/SCDAP to analyze possible sequences of events (scenarios) that may follow given initiating events. With the advances in computer architectures and ubiquitous networking, it is now possible to utilize multiple computing and

Benjamin Rutt; Umit Catalyurek; Aram Hakobyan; Kyle Metzroth; Tunc Aldemir; Richard Denning; Sean Dunagan; David Kunsman

2006-01-01

240

Managing the risks of IBD therapy  

Microsoft Academic Search

Successful management of the patient with inflammatory bowel disease (IBD) involves not only the induction and maintenance\\u000a of remission, but also the optimization of the benefit-to-risk equation to achieve the greatest gain in quality of life. These\\u000a risks range from intolerance to prescribed medications to potentially life-threatening sequelae (eg, sepsis) of immune suppression.\\u000a A proper awareness of risk on the

Cynthia H. Seow; Shanika de Silva; Gilaad G. Kaplan; Shane M. Devlin; Subrata Ghosh; Remo Panaccione

2009-01-01

241

Enhancements in Software Project Risk Management  

Microsoft Academic Search

\\u000a This paper presents the DNV approach to project risk management. It enhances most of the known approaches in two ways. First,\\u000a it adds an initiation phase at the start of the process, before risk identification is started, in which the project objectives\\u000a are defined. Knowing the project objectives it is much easier to identify risks and link them to the

Peter Wieland; Frode Høgberg; Kristin Strømseng

2000-01-01

242

Managing foreign exchange risk with derivatives  

Microsoft Academic Search

This study investigates the foreign exchange risk management program of HDG Inc. (pseudonym), a US-based manufacturer of durable equipment. Precise examination of factors affecting why and how the firm manages its foreign exchange exposure are explored through the use of internal firm documents, discussions with managers, and data on3,110 foreign-exchange derivative transactions. Informational asymmetries, facilitation of internal contracting, and competitive

Gregory W. Brown

2001-01-01

243

(Environmental and disaster management risk analysis)  

SciTech Connect

The traveler attended workshops on Environmental and Disaster Management Risk Analysis in New Delhi and Jaipur, India. The objective of the workshops was to provide technical knowledge to Indians in the areas of environmental planning, industrial hazards, risk analysis, and disaster management. Conference participants identified the following top priorities to aid in the development of environmental and disaster management in India: (1) technology transfer in the area of atmospheric dispersion modelling, (2) increased training of scientific personnel to effectively deal with environmental problems, and (3) access to data bases on toxicological properties of chemicals.

Travis, C.C.

1990-01-03

244

Integrated Reliability and Risk Analysis System (IRRAS) Version 2. 0 user's guide  

SciTech Connect

The Integrated Reliability and Risk Analysis System (IRRAS) is a state-of-the-art, microcomputer-based probabilistic risk assessment (PRA) model development and analysis tool to address key nuclear plant safety issues. IRRAS is an integrated software tool that gives the user the ability to create and analyze fault trees and accident sequences using a microcomputer. This program provides functions that range from graphical fault tree construction to cut set generation and quantification. Also provided in the system is an integrated full-screen editor for use when interfacing with remote mainframe computer systems. Version 1.0 of the IRRAS program was released in February of 1987. Since that time, many user comments and enhancements have been incorporated into the program providing a much more powerful and user-friendly system. This version has been designated IRRAS 2.0 and is the subject of this user's guide. Version 2.0 of IRRAS provides all of the same capabilities as Version 1.0 and adds a relational data base facility for managing the data, improved functionality, and improved algorithm performance. 9 refs., 292 figs., 4 tabs.

Russell, K.D.; Sattison, M.B. (EG and G Idaho, Inc., Idaho Falls, ID (USA)); Rasmuson, D.M. (Nuclear Regulatory Commission, Washington, DC (USA). Div. of Systems Research)

1990-06-01

245

Reliability management of surface-controlled subsurface safety valves for the TOGI project  

SciTech Connect

This paper describes Norsk Hydro and SINTEF's efforts to obtain higher reliability of surface-controlled subsurface safety valves (SCSSV's) for the Troll-Oseberg gas-injection (TOGI) project. Because of the severe consequence of system failures, reliability management was fully implemented on the TOGI subsea production system. The methodology used combines reliability theory with operating experience. Data bases with relevant field data, design review techniques, valve prototype testing, and review of test results are other elements of the reliability management program. Although this specific application was for SCSSV's, the methodology presented in this paper can easily be applied to systems where the consequence of failure is severe.

Moines, E. (SINTEF (NO)); Iversion, M. (Norsk Hydro A/S (NO))

1991-05-01

246

Reliability, Resilience, and Vulnerability criteria for the evaluation of Human Health Risks  

NASA Astrophysics Data System (ADS)

Understanding the impact of water quality on the health of a general population is challenging due high degrees of uncertainty and variability in hydrological, toxicological and human aspects of the system. Assessment of the impact of changes in water quality of a public water supply is critical to management of that water supply. We propose the use of three different system evaluation criteria: Reliability, Resilience and Vulnerability (RRV) as a tool for assessing the impact of uncertainty in the arrival of contaminant mass through time with respect to human health risks on a variable population. These criteria were first introduced to the water resources community by Hashimoto et al (1982). Most simply one can understand these criteria as the following: Reliability is the likelihood of the system being in a state of success; Resilience is the probability that the system will return to a state of success at t+1 if it is in failure at time step t, and Vulnerability is the severity of failure, which here is defined as the maximum health risk. These concepts are applied to a theoretical example where the water quality at a water supply well varies over time: health impact is considered based on sliding, 30-year windows of exposure to water derived from the well. We apply the methodology, in terms of uncertainty in water quality deviations, to eight simulated breakthrough curves of a contaminant at the well: each curve represents equal mass of contaminant arriving at the well over a 70-year lifetime of the well, but different mass distributions over time. These curves are used to investigate the impact of uncertainty in the distribution through time of the contaminant mass at the well, as well as the initial arrival of the contaminant over the 70-year lifetime of the well. In addition to extending the health risk through time with uncertainty in mass distribution, we incorporate variability in the human population to examine the evolution of the three criteria within the population. We show that the distribution of predicted health risk, as measured by each of the RRV criteria, is strongly dependent on both the distribution (over time) of the arrival of contaminant mass at the well and the timing of the initial arrival of contaminant within the 70 year lifetime of the well.

Rodak, C. M.; Silliman, S. E.; Bolster, D.

2011-12-01

247

Beyond VaR: from measuring risk to managing risk  

Microsoft Academic Search

The paper examines tools for managing, as opposed to simply monitoring, a portfolio's value-at-risk (VaR). These tools include the calculation of VaR contribution, marginal VaR and trade risk profiles. We first review the parametric, or delta-normal versions of these tools and then extend them to the simulation based, or nonparametric case. We analyze two sample portfolios: one, consisting of foreign

H. Mausser; D. Rosen

1999-01-01

248

Managing the Library Fire Risk.  

ERIC Educational Resources Information Center

A discussion of fire risks, causes, prevention, and salvage in libraries is presented in text and photographs. A description of some historic library fires demonstrates the value of adequate protection and preparedness programs to minimize loss and damage. The need for fire retardant construction and protection from valdalism and arson are…

Morris, John

249

Feedback on flood risk management  

Microsoft Academic Search

For several years, as floods were increasing in South of France, local communities felt deprive to assume their mission of protection and information of citizens, and were looking for assistance in flood management. In term of flood disaster, the fact is that physical protection is necessary but inevitably limited. Tools and structures of assistance to anticipation remain slightly developed. To

K. Moreau; A. Roumagnac

2009-01-01

250

10 Commandments of Risk Management.  

ERIC Educational Resources Information Center

|Gives 10 strategies and examples for camp crisis-management: a written, implemented emergency plan; clear, honest communication; trained staff; good community relationships; learning from experience; knowing the local environment; preparing for the media; considering long-term impacts; avoiding adverse effects; and recognizing good things that…

Dworken, Bari S.

1998-01-01

251

Personal computers and risk management.  

PubMed

The personal computer is fast becoming an important tool for healthcare administrators. In this article, the authors describe a patient-incident report program at their hospital that enables management to provide patients with higher quality care and, concomitantly, reduce the possibility of litigation. PMID:10121352

Persaud, D D; Dawe, U

1992-01-01

252

Laboratory Quality Control Based on Risk Management  

PubMed Central

Risk management is the systematic application of management policies, procedures, and practices to the tasks of analyzing, evaluating, controlling and monitoring risk (the effect of uncertainty on objectives). Clinical laboratories conduct a number of activities that could be considered risk management including verification of performance of new tests, troubleshooting instrument problems and responding to physician complaints. Development of a quality control plan for a laboratory test requires a process map of the testing process with consideration for weak steps in the preanalytic, analytic and postanalytic phases of testing where there is an increased probability of errors. Control processes that either prevent or improve the detection of errors can be implemented at these weak points in the testing process to enhance the overall quality of the test result. This manuscript is based on a presentation at the 2nd International Symposium on Point of Care Testing held at King Faisal Specialist Hospital in Riyadh, Saudi Arabia on October 12-13, 2010. Risk management principles will be reviewed and progress towards adopting a new Clinical and Laboratory Standards Institute Guideline for developing laboratory quality control plans based on risk management will be discussed.

Nichols, James H.

2011-01-01

253

On the new ISO guide on risk management terminology  

Microsoft Academic Search

A new ISO guide on risk management terminology has recently been issued. The guide provides basic vocabulary for developing a common understanding of risk assessment and risk management concepts and terms among organisations and functions, and across different application areas. It provides the foundation of, for example, the ISO 31000 standard on risk management. The guide strongly influences the risk

Terje Aven

2011-01-01

254

Barriers to Effective Risk Management  

Microsoft Academic Search

“As long as the music is playing, you’ve got to get up and dance. We’re still dancing.”**\\u000aThis now infamous quote by Charles Prince, Citigroup’s former Chief Executive Officer, captures the high-risk, high-reward mentality and overconfidence that permeates much of corporate America. These attributes in turn helped to facilitate a global recession and some of the largest economic losses ever

Michelle M. Harner

2010-01-01

255

Living PRAs (probabilistic risk analysis) made easier with IRRAS (Integrated Reliability and Risk Analysis System)  

SciTech Connect

The Integrated Reliability and Risk Analysis System (IRRAS) is an integrated PRA software tool that gives the user the ability to create and analyze fault trees and accident sequences using an IBM-compatible microcomputer. This program provides functions that range from graphical fault tree and event tree construction to cut set generation and quantification. IRRAS contains all the capabilities and functions required to create, modify, reduce, and analyze event tree and fault tree models used in the analysis of complex systems and processes. IRRAS uses advanced graphic and analytical techniques to achieve the greatest possible realization of the potential of the microcomputer. When the needs of the user exceed this potential, IRRAS can call upon the power of the mainframe computer. The role of the Idaho National Engineering Laboratory if the IRRAS program is that of software developer and interface to the user community. Version 1.0 of the IRRAS program was released in February 1987 to prove the concept of performing this kind of analysis on microcomputers. This version contained many of the basic features needed for fault tree analysis and was received very well by the PRA community. Since the release of Version 1.0, many user comments and enhancements have been incorporated into the program providing a much more powerful and user-friendly system. This version is designated IRRAS 2.0''. Version 3.0 will contain all of the features required for efficient event tree and fault tree construction and analysis. 5 refs., 26 figs.

Russell, K.D.; Sattison, M.B. (EG and G Idaho, Inc., Idaho Falls, ID (USA)); Rasmuson, D.M. (Nuclear Regulatory Commission, Washington, DC (USA). Div. of Systems Research)

1989-01-01

256

12 CFR 615.5135 - Management of interest rate risk.  

Code of Federal Regulations, 2013 CFR

...Management of interest rate risk. 615...615.5135 Banks and Banking...Management of interest rate risk. The...Farm Credit Bank, bank for...agricultural credit bank shall develop and implement an interest rate risk...

2013-01-01

257

76 FR 9870 - Financial Management Policies-Interest Rate Risk  

Federal Register 2010, 2011, 2012, 2013

...Financial Management Policies--Interest Rate Risk AGENCY: Office of Thrift...Financial Management Policies--Interest Rate Risk OMB Number: 1550-0094...accordance with OTS's regulation on interest rate risk procedures, 12 CFR...

2011-02-22

258

76 FR 23646 - Financial Management Policies-Interest Rate Risk  

Federal Register 2010, 2011, 2012, 2013

...Financial Management Policies--Interest Rate Risk AGENCY: Office of Thrift...Financial Management Policies--Interest Rate Risk. OMB Number: 1550-0094...accordance with OTS's regulation on interest rate risk procedures, 12 CFR...

2011-04-27

259

14 CFR 121.473 - Fatigue risk management system.  

Code of Federal Regulations, 2012 CFR

...Management System. (b) The Fatigue Risk Management System must include: (1) A fatigue risk management policy. (2) An education and awareness training program. (3) A fatigue reporting system. (4) A system for monitoring...

2013-01-01

260

14 CFR 121.527 - Fatigue risk management system.  

Code of Federal Regulations, 2011 CFR

...Management System. (b) The Fatigue Risk Management System must include: (1) A fatigue risk management policy. (2) An education and awareness training program. (3) A fatigue reporting system. (4) A system for monitoring...

2013-01-01

261

14 CFR 121.495 - Fatigue risk management system.  

Code of Federal Regulations, 2011 CFR

...Management System. (b) The Fatigue Risk Management System must include: (1) A fatigue risk management policy. (2) An education and awareness training program. (3) A fatigue reporting system. (4) A system for monitoring...

2013-01-01

262

Reliability Management of Surface-Controlled Subsurface Safety Valves for the TOGI Project  

Microsoft Academic Search

This paper describes Norsk Hydro and SINTEF's efforts to obtain higher reliability of surface-controlled subsurface safety valves (SCSSV's) for the Troll-Oseberg gas-injection (TOGI) project. Because of the severe consequence of system failures, reliability management was fully implemented on the TOGI subsea production system. The methodology used combines reliability theory with operating experience. Data bases with relevant field data, design review

Einar Moines; Morten Iversen

1991-01-01

263

Therapeutic risk management of the suicidal patient: augmenting clinical suicide risk assessment with structured instruments.  

PubMed

This column is the second in a series presenting a model for therapeutic risk management of the suicidal patient. As discussed in the first part of the series, the model involves several elements including augmenting clinical risk assessment with structured instruments, stratifying risk in terms of both severity and temporality, and developing and documenting a safety plan. This column explores in more detail how to augment clinical risk assessment with structured instruments. Unstructured clinical interviews have the potential to miss important aspects of suicide risk assessment. By augmenting the free-form clinical interview with structured instruments that demonstrate reliability and validity, a more nuanced and multifaceted approach to suicide risk assessment is achieved. Incorporating structured instruments into practice also serves a medicolegal function, since these instruments may become a living part of the medical record, establishing baseline levels of suicidal thoughts and behaviors and facilitating future clinical determinations regarding safety needs. We describe several instruments used in a multidisciplinary suicide consultation service, each of which has demonstrated relevance to suicide risk assessment and screening, ease of administration, and strong psychometric properties. In addition, we emphasize the importance of viewing suicide risk assessment as an ongoing process rather than as a singular event. Finally, we discuss special considerations in the evolving practice of risk assessment. (Journal of Psychiatric Practice 2013;19:406-409). PMID:24042246

Homaifar, Beeta; Matarazzo, Bridget; Wortzel, Hal S

2013-09-01

264

Developing Reliable Measures of Privacy Management within Social Networking Sites  

Microsoft Academic Search

Social networking sites and other examples of online social spaces have greatly expanded their members' opportunities for self expression and social interaction, while creating significant challenges for online privacy management. Within offline social spaces, privacy management is an active part of everyday life, influencing where, when and to whom we decide to reveal private information. Just as technology mediation changes

Catherine Dwyer; Starr Roxanne Hiltz; Marshall Scott Poole; Julia Gussner; Felicitas Hennig; Sebastian Osswald; Sandra Schliesslberger; Birgit Warth

2010-01-01

265

Fault management system for reliable ADSL services provisioning  

NASA Astrophysics Data System (ADS)

A number of ADSL subscribers are explosively increasing every year. The ATM over ADSL gives us a new paradigm for Internet access service using existing copper cable. An ATM network takes the role of access network for providing the Internet access service using the ATM over ADSL. However, it is very difficult for network service provider to manage the large-scale ATM access network in uniform in terms of the stabilized Internet access service provision using the ATM over ADSL model. We logically divide the ATM access network into two domains from the perspective of fault management. The first domain is composed of DSLAMs and the seconds one is composed of the pure ATM switches. This paper proposes two level fault management schemes for ATM over ADSL service provision in terms of TMN functional layering: one is the fault management in terms of the network management layer (NML) and the other is one in terms of the service management layer (SML). We also describe the experience learned from the network management under the real network applying the proposed fault management schemes.

Kim, Dong-Il; Hong, Won-Kyu; Jong, Mun-Jo; Oh, Chang-suk

2001-07-01

266

Application of a microcomputer-based database management system to distribution system reliability evaluation  

Microsoft Academic Search

The experience with the application of a database management system (DBMS) to handle the large amounts of data involved in distribution system reliability evaluation is reported. To demonstrate the capability of the DBMS in data manipulation, reliability evaluation of a distribution system in Taiwan is performed using a DBMS installed on an IBM PC-AT. It is found that using DBMS

Y.-Y. Hsu; L.-M. Chen; J.-L. Chen; M.-C. Hsueh; C. T. Lin; Y.-W. Chen; J. J. Chen; T. S. S. Liu; W. C. Chen; I. S. Chang

1990-01-01

267

Decision-theoretic methodology for reliability and risk allocation in nuclear power plants  

SciTech Connect

This paper describes a methodology for allocating reliability and risk to various reactor systems, subsystems, components, operations, and structures in a consistent manner, based on a set of global safety criteria which are not rigid. The problem is formulated as a multiattribute decision analysis paradigm; the multiobjective optimization, which is performed on a PRA model and reliability cost functions, serves as the guiding principle for reliability and risk allocation. The concept of noninferiority is used in the multiobjective optimization problem. Finding the noninferior solution set is the main theme of the current approach. The assessment of the decision maker's preferences could then be performed more easily on the noninferior solution set. Some results of the methodology applications to a nontrivial risk model are provided and several outstanding issues such as generic allocation and preference assessment are discussed.

Cho, N.Z.; Papazoglou, I.A.; Bari, R.A.; El-Bassioni, A.

1985-01-01

268

The Risk Management Paradox for Urban Recreation and Park Managers: Providing high risk recreation within a risk management context  

Microsoft Academic Search

This discussion explores the relationship between adventure ideology (meeting the challenge, overcoming the odds, being responsible for one's own actions and experiencing the full meaning of freedom and choice) and adventure practice which in a social climate of individualism has not only necessitated the need to hold persons accountable but in turn has spawned the growth of a risk management

Neil Lipscombe

2007-01-01

269

RISK MANAGEMENT STRATEGIES FOR LANDSLIDES IN EUROPEAN MOUNTAIN REGIONS - CURRENT PRACTICE IN AUSTRIA AND FUTURE NEEDS STRATEGII DE MANAGEMENT AL RISCULUI LA ALUNEC?RI DE TEREN ÎN REGIUNILE MONTANE EUROPENE - PRACTICILE CURENTE ÎN AUSTRIA ?I NECESIT??ILE VIITOARE  

Microsoft Academic Search

Risk management for natural hazards is based on risk assessment techniques, including methods to determine the hazard potential and procedures to analyse and evaluate the damage potential exposed. In European mountain regions, risk management for landslides is comparatively reliable with respect to the hazard process, while suggestions for the assessment of values at risk have only recently been introduced. Moreover,

Sven FUCHS; Markus HOLUB

270

76 FR 2369 - Priorities for Addressing Risks to the Reliability of the Bulk-Power System; Notice of Technical...  

Federal Register 2010, 2011, 2012, 2013

...Addressing Risks to the Reliability of the Bulk- Power System; Notice of Technical Conference December...purpose of the conference is to discuss policy issues related to reliability of the Bulk-Power System, including priorities for addressing...

2011-01-13

271

NGNP Risk Management through Assessing Technology Readiness  

SciTech Connect

Throughout the Next Generation Nuclear Plant (NGNP) project life cycle, technical risks are identified, analyzed, and mitigated and decisions are made regarding the design and selection of plant and sub-system configurations, components and their fabrication materials, and operating conditions. Risk resolution and decision making are key elements that help achieve project completion within budget and schedule constraints and desired plant availability. To achieve this objective, a formal decision-making and risk management process was developed for NGNP, based on proven systems engineering principles that have guided aerospace and military applications.

John W. Collins

2010-08-01

272

Risk management of key issues of FPSO  

NASA Astrophysics Data System (ADS)

Risk analysis of key systems have become a growing topic late of because of the development of offshore structures. Equipment failures of offloading system and fire accidents were analyzed based on the floating production, storage and offloading (FPSO) features. Fault tree analysis (FTA), and failure modes and effects analysis (FMEA) methods were examined based on information already researched on modules of relex reliability studio (RRS). Equipment failures were also analyzed qualitatively by establishing a fault tree and Boolean structure function based on the shortage of failure cases, statistical data, and risk control measures examined. Failure modes of fire accident were classified according to the different areas of fire occurrences during the FMEA process, using risk priority number (RPN) methods to evaluate their severity rank. The qualitative analysis of FTA gave the basic insight of forming the failure modes of FPSO offloading, and the fire FMEA gave the priorities and suggested processes. The research has practical importance for the security analysis problems of FPSO.

Sun, Liping; Sun, Hai

2012-12-01

273

Risk Management in ETS8 Project  

Microsoft Academic Search

Engineering Test Satellite - 8 (ETS-8) is the Japanese largest geo-synchronous satellite of 3 tons in mass, of which mission is mobile communications and navigation experiment. It is now in the flight model manufacturing phase. This paper introduces the risk management taken in this project as a reference. The mission success criteria of ETS-8 are described at first. All the

M. Homma

2002-01-01

274

Managing the risks of commercializing new technology  

Microsoft Academic Search

Patents and copyrights promote the sciences and useful arts by reducing risks inherent in commercial ventures. Trademarks and trade secrets developed from common law to ensure fair competition among commercial ventures. With an understanding of patents, copyrights, trade secrets and trademarks, and an understanding of the role of legal opinions thereon, a manager can organize his or her engineering activities

D. E. Fisher

2000-01-01

275

Managing the Risks of School Sports.  

ERIC Educational Resources Information Center

|School officials are spending more time on their schools' playing fields to evaluate, assess, and implement measures to protect students and their districts from serious and growing concerns involving risk management in interscholastic athletics. Adequate insurance coverage, better screening, and athletic trainers are helpful safety measures.…

Mac, Melissa R.

1998-01-01

276

Culture and the Democratization of Risk Management  

Microsoft Academic Search

This article considers culture in the explanation of the gap between North America and Europe in the area of genetically modified organisms (GMOs). Thanks to a comparison of Canada and France, the article distinguishes between two cultures of GMO risk management: the culture of managerial rationality (Canada) and the culture of integration (France). The first culture provides proponents of scientific

Éric Montpetit

277

A New Financial Risk Management Model  

Microsoft Academic Search

To the problem of the financial risk management, the paper brings forward a new model based on main component analysis method and multi-classes support vector machines. In one hand, the main component analysis method was used to reduce the number of indexes and to improve the efficiency. In the other hand, the multi-classes support vector machines was used to classify

Duan Yuezhong; Xie Xiguo; Jin Yongsheng; Cheng Che

2009-01-01

278

Cyanobacterial toxins: risk management for health protection  

Microsoft Academic Search

This paper reviews the occurrence and properties of cyanobacterial toxins, with reference to the recognition and management of the human health risks which they may present. Mass populations of toxin-producing cyanobacteria in natural and controlled waterbodies include blooms and scums of planktonic species, and mats and biofilms of benthic species. Toxic cyanobacterial populations have been reported in freshwaters in over

Geoffrey A. Codd; Louise F. Morrison; James S. Metcalf

2005-01-01

279

Urban Diagnosis and Integrated Disaster Risk Management  

Microsoft Academic Search

This paper addresses the need for integrated disaster risk management (IDRM) as a novel perspective for dealing with 21 st century's disaster prevention in both Japan and China, and all over the world. When cities are focused, the methodological leverage of \\

Norio OKADA

280

Integrating Risk Management Activities into Requirements Engineering  

Microsoft Academic Search

Software projects are often faced with unanticipated problems caused by e.g. changes in the development environment resulting in delays or threatening the ability of the project to succeed. Managing these uncertainties is a challenging task at all phases of the development, but nevertheless crucial in controlling schedule and costs. Therefore software development risks need to be controlled as early as

Shareeful Islam; Siv Hilde Houmb

2010-01-01

281

MANAGING NETWORK RISK VIA CRITICAL NODE IDENTIFICATION  

Microsoft Academic Search

We consider methodologies for managing risk in a telecommunication net- work based on identification of the critical nodes. The objec tive is to identify a set of vertices with a specified cardinality whose deletion result s is maximum number of discon- nected components. This is referred to as the CRITICAL NODE PROBLEM, and finds ap- plication in epidemic control, telecommunications,

ASHWIN ARULSELVAN; CLAYTON W. COMMANDER; PANOS M. PARDALOS; OLEG SHYLO

2007-01-01

282

The future of financial risk management  

Microsoft Academic Search

The financial crisis of 2008 has revealed a number of facts that we now acknowledge. We now know that liquidity matters very much, that the future may be unpredictable, that non-transparency, complexity,and ambiguity, combined with greed can lead to “management risks” that can derail financial sustainability, and that financial models are not efficient. These revelations have increased our awareness that

Charles Tapiero

2010-01-01

283

Risk management: application of early warning systems to emergency plans  

NASA Astrophysics Data System (ADS)

Warning System and emergency plans are two fundamental elements of risk management and governance, but unfortunately, most of the times, they are developed independently one from the other, as sequential steps not necessary linked. The main goal of this research is to develop a methodology for applying Early Warning Systems - Community Based to the emergency plan using the results of social surveys and quantitative risk assessment, taking into account the administrative structure and the planning system of the study area, as well as the legislative obligations of each entity involved in the risk governance and emergency management. Using a integrative scientific and social approach to natural hazards the research aim to contribute to fill the gap between scientists, policy makers, stakeholders and community. Initially applied in Comunità Montana Valtellina di Tirano, Italy, the methodology involves the application of two comprehensive surveys. The first is addressed to stakeholders (including policy makers, emergency managers, emergency volunteers, consultants and scientists) in order to determine their needs, points of view, concerns and constraints. The second survey is addressed specifically to local community to assess risk perception, awareness, needs, capacity and level of trust towards stakeholders, besides asking for their willingness to participate in future risk communication activities. The Early Warning System developed includes all the stages of the early warning process (hazard evaluation and forecasting; warning and dissemination and public response) and would be based on a multidisciplinary partnership that takes into account the different actors involved in the risk management in order to accomplish a more reliable and credible result, including an emergency plan specifically designed for each study area. After evaluating the results of the surveys, information and education campaigns will be developed with the objective of reducing vulnerability of the population by increasing risk perception and improving response to early warnings. Spatial planning and specifically decisions about future land-use are critical to mitigate the hazard and to reduce the vulnerability, therefore some inputs will be provided to the decision-makers on where additional risk identification, risk reduction and risk transfer measures are especially necessary.

Garcia, C.; Sterlacchini, S.; Pasuto, A.; de Amicis, M.

2009-04-01

284

77 FR 13585 - Electricity Subsector Cybersecurity Risk Management Process Guideline  

Federal Register 2010, 2011, 2012, 2013

...DEPARTMENT OF ENERGY Electricity Subsector Cybersecurity Risk...Guideline AGENCY: Office of Electricity Delivery and Energy Reliability...DOE's intent to publish the Electricity Subsector Cybersecurity...

2012-03-07

285

Research on determinants of risk management policies in China  

Microsoft Academic Search

Western risk management theory suggests that corporate risk management is due to tax convexity, financial distress costs, under investment problem, and managerial risk aversion etc. This paper provides evidence on the determinants of corporate risk management policies through hedging. Data on hedging are obtained from 2007 annual reports for a sample of 1151 China non financial listed firms. Our evidence

Jia Weiying; Chen Baofeng; Zhang Jiansheng

2009-01-01

286

Consumer responses to communication about food risk management  

Microsoft Academic Search

Recent emphasis within policy circles has been on transparent communication with consumers about food risk management decisions and practices. As a consequence, it is important to develop best practice regarding communication with the public about how food risks are managed. In the current study, the provision of information about regulatory enforcement, proactive risk management, scientific uncertainty and risk variability were

Heleen van Dijk; Julie Houghton; Ellen van Kleef; Ivo van der Lans; Gene Rowe; Lynn Frewer

2008-01-01

287

Integrating SLAs into IT Risk management in public service organizations  

Microsoft Academic Search

Risk management is an important process for public service organizations to maintain a high quality of service. However, many organizations are not satisfied with the result from risk handling. This paper proposes changes to a risk management model by integrating service level agreements into it. This makes responsibilities more clear to all parties involved in risk management. This paper also

Yeni Yuqin; Li Helgesson

2009-01-01

288

Necessity of Risk Management Systems Implementation in Air Transport  

Microsoft Academic Search

In a time when business uncertainty is highest in the airline industry, risk management strategies have become vital to the executive committee of the airline and airport managers. Risk management process involves the fact that organizations overcome unforeseen situations and achieve the maintenance performance and customer growth, profits, benefits etc. In other words, it's competitiveness by prioritizing risk management strategies.

Gheorghe Camelia Monica; Sebea Mihai

2010-01-01

289

Risk management activities at the DOE Class A reactor facilities  

SciTech Connect

The probabilistic risk assessment (PRA) and risk management group of the Association for Excellence in Reactor Operation (AERO) develops risk management initiatives and standards to improve operation and increase safety of the DOE Class A reactor facilities. Principal risk management applications that have been implemented at each facility are reviewed. The status of a program to develop guidelines for risk management programs at reactor facilities is presented.

Sharp, D.A. (Westinghouse Savannah River Co., Aiken, SC (United States)); Hill, D.J. (Argonne National Lab., IL (United States)); Linn, M.A. (Oak Ridge National Lab., TN (United States)); Atkinson, S.A. (EG and G Idaho, Inc., Idaho Falls, ID (United States)); Hu, J.P. (Brookhaven National Lab., Upton, NY (United States))

1993-01-01

290

Risk management activities at the DOE Class A reactor facilities  

SciTech Connect

The probabilistic risk assessment (PRA) and risk management group of the Association for Excellence in Reactor Operation (AERO) develops risk management initiatives and standards to improve operation and increase safety of the DOE Class A reactor facilities. Principal risk management applications that have been implemented at each facility are reviewed. The status of a program to develop guidelines for risk management programs at reactor facilities is presented.

Sharp, D.A. [Westinghouse Savannah River Co., Aiken, SC (United States); Hill, D.J. [Argonne National Lab., IL (United States); Linn, M.A. [Oak Ridge National Lab., TN (United States); Atkinson, S.A. [EG and G Idaho, Inc., Idaho Falls, ID (United States); Hu, J.P. [Brookhaven National Lab., Upton, NY (United States)

1993-12-31

291

Integration of Reliable Sensor Data Stream Management into Digital Libraries  

Microsoft Academic Search

Data Stream Management (DSM) addresses the continuous processing of sensor data. DSM requi res the combination of stream operators, which may run on different distributed devices, into stream processes. Due to the recent advantages in sensor technologies and wireless communication, the amount of information generated by DSM will increase significantly. In order to efficiently deal with this streaming information, Digital

Gert Brettlecker; Heiko Schuldt; Peter M. Fischer; Hans-jörg Schek

2007-01-01

292

Quantifying the influence of safety management on the reliability of safety barriers  

Microsoft Academic Search

A methodology is described that enables to use safety management audit assessments and safety culture questionnaire results for estimating the reductions in the reliability of safety barriers in major hazard plants. The critical issue is the establishment of weight factors in combination with the anchoring of “good” safety management. A method is proposed to derive weight factors from statistical accident

Nijs Jan Duijm; Louis Goossens

2006-01-01

293

A Multi-objective Approach to Integrated Risk Management  

Microsoft Academic Search

\\u000a The integrated management of financial risks represents one of the main challenges in contemporary banking business. Deviating\\u000a from a rather silo-based approach to risk management banks put increasing efforts into aggregating risks across different\\u000a risk types and also across different business units to obtain an overall risk picture and to manage risk and return on a consolidated\\u000a level. Up to

Frank Schlottmann; Andreas Mitschele; Detlef Seese

2005-01-01

294

Inter-rater reliability of PATH observations for assessment of ergonomic risk factors in hospital work  

Microsoft Academic Search

This study examined the inter-rater reliability of expert observations of ergonomic risk factors by four analysts. Ten jobs were observed at a hospital using a newly expanded version of the PATH method (Buchholz et al. 1996), to which selected upper extremity exposures had been added. Two of the four raters simultaneously observed each worker onsite for a total of 443

Jung-Keun Park; Jon Boyer; Jamie Tessler; Jeffrey Casey; Linda Schemm; Rebecca Gore; Laura Punnett

2009-01-01

295

Comparing Criteria for Attachment Disorders: Establishing Reliability and Validity in High-Risk Samples.  

ERIC Educational Resources Information Center

|Objective: To determine whether published subtypes of attachment disorder can be reliably identified by trained clinicians reviewing data from high-risk populations and to investigate the relationship between disorder classification and standardized measures of attachment behavior. Method: Twenty or more children aged 18 to 48 months and their…

Boris, Neil W.; Hinshaw-Fuselier, Sarah S.; Smyke, Anna T.; Scheeringa, Michael S.; Heller, Sherryl S.; Zeanah, Charles H.

2004-01-01

296

Estimation of risk reduction from improved PORV (power operated relief values) reliability in PWRs: Final report  

Microsoft Academic Search

An analysis was performed to explore the risk reduction potential of improving the pressurizer Power Operated Relief Values (PORV) and block valve reliability for two representative PWR plants, Indian Point 3, and Oconee 3. Attention was focused upon particular transient scenarios including steam generator tube rupture (SGTR), a stuck-open PORV, cooldown to cold shutdown, and the use of PORV in

C. J. Hsu; K. Perkins; R. Youngblood

1988-01-01

297

Executive seminar on the future role of risk assessment and reliability engineering in nuclear regulation  

SciTech Connect

This Executive Seminar was jointly sponsored by the US-NRC Office of Nuclear Regulatory Research and Argonne National Laboratory (Division of Educational Programs) for the purpose of informing NRC's staff on current thinking in the area of risk assessment and reliability engineering. Six presentations are included, along with their associated question and answer sessions.

van Erp, J.B. (ed.)

1981-05-01

298

Reliability of Risk Assessment Measures Used in Sexually Violent Predator Proceedings  

ERIC Educational Resources Information Center

|The field interrater reliability of three assessment tools frequently used by mental health professionals when evaluating sex offenders' risk for reoffending--the Psychopathy Checklist-Revised (PCL-R), the Minnesota Sex Offender Screening Tool-Revised (MnSOST-R) and the Static-99--was examined within the context of sexually violent predator…

Miller, Cailey S.; Kimonis, Eva R.; Otto, Randy K.; Kline, Suzonne M.; Wasserman, Adam L.

2012-01-01

299

A competing risk model for the reliability of cylinder liners in marine Diesel engines  

Microsoft Academic Search

In this paper, a competing risk model is proposed to describe the reliability of the cylinder liners of a marine Diesel engine. Cylinder liners presents two dominant failure modes: wear degradation and thermal cracking. The wear process is described through a stochastic process, whereas the failure time due to the thermal cracking is described by the Weibull distribution. The use

D. Bocchetti; M. Giorgio; M. Guida; G. Pulcini

2009-01-01

300

An overview of the evolution of human reliability analysis in the context of probabilistic risk assessment  

Microsoft Academic Search

Since the Reactor Safety Study in the early 1970's, human reliability analysis (HRA) has been evolving towards a better ability to account for the factors and conditions that can lead humans to take unsafe actions and thereby provide better estimates of the likelihood of human error for probabilistic risk assessments (PRAs). The purpose of this paper is to provide an

Dennis C. Bley; Erasmia Lois; Alan M. Kolaczkowski; John Alan Forester; John Wreathall; Susan E. Cooper

2009-01-01

301

Dominant Risks and Risk Management Practices in Supply Chains  

Microsoft Academic Search

Supply chains are inherently susceptible to risky events. Earlier articles in supply chain management by Kraljic (1983) and\\u000a Treleven, and Schweickhart (1988) stressed the importance to consider the risks arising from interconnected flows of material,\\u000a information and funds in inter-organizational networks. However, during the last several years, the interest in this topic\\u000a has significantly gained momentum. A large body of

Stephan M. Wagner; Christoph Bode

302

A framework for information technology outsourcing risk management  

Microsoft Academic Search

This paper takes stock from several studies on Information Technology outsourcing risk. A definition of risk is offered, and an illustration from five case studies is used to show how risk can be managed. Results show that an active risk management approach can reduce risk exposure substantially while enabling the organizations to still reap the benefits associated with outsourcing.

Benoit A. Aubert; Michel Patry; Suzanne Rivard

2005-01-01

303

Research on dynamic evaluation of human resource management outsourcing risks  

Microsoft Academic Search

From the perspective of the workflow of human resource management outsourcing, this article has firstly identified the risks in every stage of outsourcing, including risks in the stage of selecting HRM outsourcing activities, risks in the stage of selecting HRM outsourcing trader, risks in the stage of managing and evaluating HRM outsourcing trader and risks in the stage of quitting.

Liu Bing; Su Shan-shan; Dai Jing-xin

2009-01-01

304

Perspective on Quality Risk Management of Pharmaceutical Quality  

Microsoft Academic Search

Quality risk management for the pharmaceutical industry was recently defined in internationally harmonized guidance as a systematic process for the assessment, control, communication, and review of risks to the quality of the drug product across the product life cycle. Two overarching principles for quality risk management are that evaluations of risk should be scientifically based and ultimately linked to risk

H. Gregg Claycamp

2007-01-01

305

Study on supply chain disruption risk management strategies and model  

Microsoft Academic Search

In this paper, the reasons that make a supply chain vulnerable to disruption risks are analyzed; the necessity and significance of developing supply chain disruption risk management strategies that have direct impacts on the effectiveness of supply chain disruption risk management is discussed, combined with the practice of China. Considering the characteristics of disruption risks, the supply chain disruption risk

Guojun Ji; Caihong Zhu

2008-01-01

306

Risk management of technology of lead free soldering  

Microsoft Academic Search

Risk management is complex of coordinated and repeating activities to control project with regard to risk. Risk management is concerned to reduce the probability of occurrence of particular risks or decrease its influence on project. A risk can be defined as potential obstacle to the successful achievement of the project targets with regard to costs, technical requirements or time schedule.

J. Jirsa; Karel Dusek

2009-01-01

307

Risk Management Systems. Volume 1. A Survey of Risk Management in State Departments of Transportation.  

National Technical Information Service (NTIS)

The results of a survey of risk management practices for tort liability in state Departments of Transportation are reported. Thirty-seven states plus the District of Columbia returned questionnaires. The results showed a wide diversity in policy and proce...

K. Yu M. J. Demetsky

1991-01-01

308

Do Bank Risk Management and Regulatory Policy Reduce Risk in Banking?  

Microsoft Academic Search

This paper addresses the impact of dynamic risk management on bank risk taking. We show that when banks earn rents only from deposit insurance and can engage in risk management it is no longer in their interests to maximize risk; instead, they moderate their risk to increase their chances of survival. The paper also shows that the opportunity for risk

Loriana Pelizzon; Stephen Schaefer

309

Pulmonary embolism: risk assessment and management.  

PubMed

Acute pulmonary embolism (PE) poses a significant burden on health and survival. Its severity ranges from asymptomatic, incidentally discovered subsegmental thrombi to massive, pressor-dependent PE complicated by cardiogenic shock and multisystem organ failure. Rapid and accurate risk stratification is therefore of paramount importance to ensure the highest quality of care. This article critically reviews currently available and emerging tools for risk-stratifying acute PE, and particularly for distinguishing between elevated (intermediate) and low risk among normotensive patients. We focus on the potential value of risk assessment strategies for optimizing severity-adjusted management. Apart from reviewing the current evidence on advanced early therapy of acute PE (thrombolysis, surgery, catheter interventions, vena cava filters), we discuss recent advances in oral anticoagulation with vitamin K antagonists, and with new direct inhibitors of factor Xa and thrombin, which may contribute to profound changes in the treatment and secondary prophylaxis of venous thrombo-embolism in the near future. PMID:22961946

Konstantinides, Stavros; Goldhaber, Samuel Z

2012-09-07

310

Efficient and Coordinated Checkpointing for Reliable Distributed Data Stream Management  

Microsoft Academic Search

\\u000a Data Stream Management (DSM) addresses the continuous processing of sensor data. DSM requires the combination of stream operators,\\u000a which may run on different distributed devices, into stream processes. Due to the recent advantages in sensor technologies\\u000a and wireless communication, DSM is increasingly gaining importance in various application domains. Especially in healthcare,\\u000a the continuous monitoring of patients at home (telemonitoring) can

Gert Brettlecker; Heiko Schuldt; Hans-jörg Schek

2006-01-01

311

48 CFR 39.102 - Management of risk.  

Code of Federal Regulations, 2011 CFR

...ACQUISITION OF INFORMATION TECHNOLOGY General 39.102 Management of risk. ...a contract for information technology...acquisition of information technology. Techniques...prudent project management; use of...

2011-10-01

312

[Risk management in coronary care units].  

PubMed

The clinical risk management is a very important tool to make safer the medical health system. The first step is a cultural change: the error is a human factor, all persons involved in the health system delivery are prone to erring: in order to reduce it, we have to learn from the error in order to know not who err but why an error occurs. The error must loose its ethical value (non blame culture) to become the starting point of a process that allow us to look into the mechanisms of the error, to detect the active or latent causes, to understand the weak points of our care delivering organization, to plan the appropriate measures against the occurrence of new adverse events. The reactive (from error to prevention) and proactive (before an adverse event occurs) approaches are the two methods mostly used when performing clinical risk management; the most useful tools to perform this kind of analysis are incident reporting, root cause analysis, clinical audit, and hospital failure mode and effect critically analysis. The intensive cardiac care unit is a hospital department that more needs to implement the culture of clinical risk management because of the use of ever new diagnostic and therapeutic tools, the importance of team working and of the technical and clinical skill, the complex case mix of patients. Therapy and clinical diary sheet, and team organization are some of the most important elements that we can improve even without a specific skill in risk management. The use of check lists and diagnostic and therapeutic flow-charts is useful in helping less skilled physicians to manage critically ill patients. Examples of preventive actions in the setting of an intensive cardiac care unit are provided. PMID:17649873

Mafrici, Antonio

2007-05-01

313

Bulk electric system reliability evaluation incorporating wind power and demand side management  

NASA Astrophysics Data System (ADS)

Electric power systems are experiencing dramatic changes with respect to structure, operation and regulation and are facing increasing pressure due to environmental and societal constraints. Bulk electric system reliability is an important consideration in power system planning, design and operation particularly in the new competitive environment. A wide range of methods have been developed to perform bulk electric system reliability evaluation. Theoretically, sequential Monte Carlo simulation can include all aspects and contingencies in a power system and can be used to produce an informative set of reliability indices. It has become a practical and viable tool for large system reliability assessment technique due to the development of computing power and is used in the studies described in this thesis. The well-being approach used in this research provides the opportunity to integrate an accepted deterministic criterion into a probabilistic framework. This research work includes the investigation of important factors that impact bulk electric system adequacy evaluation and security constrained adequacy assessment using the well-being analysis framework. Load forecast uncertainty is an important consideration in an electrical power system. This research includes load forecast uncertainty considerations in bulk electric system reliability assessment and the effects on system, load point and well-being indices and reliability index probability distributions are examined. There has been increasing worldwide interest in the utilization of wind power as a renewable energy source over the last two decades due to enhanced public awareness of the environment. Increasing penetration of wind power has significant impacts on power system reliability, and security analyses become more uncertain due to the unpredictable nature of wind power. The effects of wind power additions in generating and bulk electric system reliability assessment considering site wind speed correlations and the interactive effects of wind power and load forecast uncertainty on system reliability are examined. The concept of the security cost associated with operating in the marginal state in the well-being framework is incorporated in the economic analyses associated with system expansion planning including wind power and load forecast uncertainty. Overall reliability cost/worth analyses including security cost concepts are applied to select an optimal wind power injection strategy in a bulk electric system. The effects of the various demand side management measures on system reliability are illustrated using the system, load point, and well-being indices, and the reliability index probability distributions. The reliability effects of demand side management procedures in a bulk electric system including wind power and load forecast uncertainty considerations are also investigated. The system reliability effects due to specific demand side management programs are quantified and examined in terms of their reliability benefits.

Huang, Dange

314

Using Dynamic Risk and Protective Factors to Predict Inpatient Aggression: Reliability and Validity of START Assessments  

ERIC Educational Resources Information Center

|The Short-Term Assessment of Risk and Treatability (START; C. D. Webster, M. L. Martin, J. Brink, T. L. Nicholls, & S. L. Desmarais, 2009; C. D. Webster, M. L. Martin, J. Brink, T. L. Nicholls, & C. Middleton, 2004) is a relatively new structured professional judgment guide for the assessment and management of short-term risks associated with…

Desmarais, Sarah L.; Nicholls, Tonia L.; Wilson, Catherine M.; Brink, Johann

2012-01-01

315

Workplace Assessment of Targeted Violence Risk: The Development and Reliability of the WAVR-21.  

PubMed

This study describes the development of the WAVR-21, a structured professional judgment guide for the assessment of workplace targeted violence, and presents initial interrater reliability results. The 21-item instrument codes both static and dynamic risk factors and change, if any, over time. Five critical items or red flag indicators assess violent motives, ideation, intent, weapons skill, and pre-attack planning. Additional items assess the contribution of mental disorder, negative personality factors, situational factors, and a protective factor. Eleven raters each rated 12 randomly assigned cases from actual files of workplace threat scenarios. Summary interrater reliability correlation coefficients (ICCs) for overall presence of risk factors, risk of violence, and seriousness of the violent act were in the fair to good range, similar to other structured professional judgment instruments. A subgroup of psychologists who were coders produced an ICC of 0.76 for overall presence of risk factors. Some of the individual items had poor reliability for both clinical and statistical reasons. The WAVR-21 appears to improve the structuring and organizing of empirically based risk-relevant data and may enhance communication and decision making. PMID:23865721

Meloy, J Reid; White, Stephen G; Hart, Stephen

2013-07-18

316

Integrating legal liabilities in nanomanufacturing risk management.  

PubMed

Among other things, the wide-scale development and use of nanomaterials is expected to produce costly regulatory and civil liabilities for nanomanufacturers due to lingering uncertainties, unanticipated effects, and potential toxicity. The life-cycle environmental, health, and safety (EHS) risks of nanomaterials are currently being studied, but the corresponding legal risks have not been systematically addressed. With the aid of a systematic approach that holistically evaluates and accounts for uncertainties about the inherent properties of nanomaterials, it is possible to provide an order of magnitude estimate of liability risks from regulatory and litigious sources based on current knowledge. In this work, we present a conceptual framework for integrating estimated legal liabilities with EHS risks across nanomaterial life-cycle stages using empirical knowledge in the field, scientific and legal judgment, probabilistic risk assessment, and multicriteria decision analysis. Such estimates will provide investors and operators with a basis to compare different technologies and practices and will also inform regulatory and legislative bodies in determining standards that balance risks with technical advancement. We illustrate the framework through the hypothetical case of a manufacturer of nanoscale titanium dioxide and use the resulting expected legal costs to evaluate alternative risk-management actions. PMID:22717005

Mohan, Mayank; Trump, Benjamin D; Bates, Matthew E; Monica, John C; Linkov, Igor

2012-07-17

317

Breast cancer and spaceflight: risk and management.  

PubMed

Spaceflight exposes astronauts to a host of environmental factors which could increase their risk for cancer. Epidemiological studies have shown an increased incidence of breast cancer in female commercial flight attendants, with occupational risk factors as one of the proposed mechanisms for the higher incidence in this cohort. Since female astronauts are exposed to similar occupational conditions as flight attendants, they too may be at an increased risk for breast cancer. With the planning of exploration class missions to the Moon and to Mars it is important to assess and minimize the risk for breast malignancy, and to have a well-defined protocol for the diagnosis and treatment of a breast mass discovered during a mission. Risk factors for development of breast cancer in the female astronaut include ionizing radiation, disrupted melatonin homeostasis secondary to circadian shifting, chemical exposure, and changes in immune function. Preflight, in-flight, and postflight screening and management modalities include imaging and fine needle aspiration (FNA). Employing such a strategy may provide a viable management approach in the case of a newly diagnosed breast mass inflight. PMID:17511296

Barr, Yael R; Bacal, Kira; Jones, Jeffrey A; Hamilton, Douglas R

2007-04-01

318

Understanding and managing risk in software systems  

SciTech Connect

When software is used in safety-critical, security-critical, or mission-critical situations, it is imperative to understand and manage the risks involved. A risk assessment methodology and toolset have been developed which are specific to software systems. This paper describes the concepts of the methodology, with emphasis on the experience of designing a toolset to support the methodology. Also presented are results of applying the methodology to two real software-based products: the software toolset itself, and a network firewall.

Fletcher, S.K.; Jansma, R.; Lim, J.; Murphy, M.; Wyss, G.

1995-07-01

319

Risk Analysis Related to Quality Management Principles  

NASA Astrophysics Data System (ADS)

Efficient and effective implementation of quality management principles asks for a responsible approach from top managers' perspectives. A study of the current state of affairs in Czech organizations discovers a lot of shortcomings in this field that can be changed to vary managerial risks. The article identifies and analyses some of them and gives short guidance for appropriate treatment. Text of the article reflects the authors' experience as well as knowledge obtained from the systematic analysis of industrial companies' environments.

Vykydal, David; Halfarová, Petra; Nenadál, Jaroslav; Plura, Ji?í; Hekelová, Edita

2012-12-01

320

Managing to reduce nuclear financial risks  

SciTech Connect

Nuclear power plant projects have weathered volatile economic conditions and uncertain regulatory climates with varying degrees of success. Some electric utilities can point to excellent construction and operating records, while others have suffered continuous difficulties. Are the success stories the result of good luck or effective management. This article identifies the potential sources of financial risk in a nuclear project and describes several methods available to management for controlling financial liability. A commitment to the highest level of technical and managerial skills is cited as a necessary component of all successful nuclear undertakings. 4 references, 3 figures, 2 tables.

Sillin, J.O.

1984-10-11

321

Plant lifetime reliability and risk: Addressing today's strategies for making tomorrow's decisions  

SciTech Connect

This paper presents an overview of some of the research projects, conducted for the US Nuclear Regulatory Commission (NRC) that deal with the question: How can an acceptable level of risk of a nuclear power plant be maintained throughout its design life. With a viewpoint that life extension planning for a plant can be viewed as a long-range, strategic maintenance program, the products of this research are discussed from the perspective of being elements that can tie day-to-day, plant operational tactical decisions on component/system reliability with long-range strategic maintenance goals. A common factor in addressing issues associated with design life and life extension is the issue of component aging and the reliability implications of aging. A time-dependent reliability model is described which contains some of the requisite ingredients and is built on a framework from which the component aging/component reliability issue can be addressed. By way of select examples, the additional work needed to further address plant lifetime reliability and risk is indicated.

Boccio, J.L.

1986-01-01

322

14 CFR 117.7 - Fatigue risk management system.  

Code of Federal Regulations, 2011 CFR

...of this part. (b) The Fatigue Risk Management System must include: (1) A fatigue risk management policy. (2) An education and awareness training program. (3) A fatigue reporting system. (4) A system for monitoring...

2013-01-01

323

76 FR 57723 - Electricity Sector Cybersecurity Risk Management Process Guideline  

Federal Register 2010, 2011, 2012, 2013

...DEPARTMENT OF ENERGY Electricity Sector Cybersecurity Risk Management...comment on DOE's intent to publish the Electricity Sector Cybersecurity Risk Management...is targeted to the specific needs of electricity sector organizations and adds to...

2011-09-16

324

RISK MANAGEMENT EVALUATION FOR CONCENTRATED ANIMAL FEEDING OPERATIONS  

EPA Science Inventory

The National Risk Management Research Laboratory (NRMRL) developed a Risk Management Evaluation (RME) to provide information needed to help plan future research in the Laboratory dealing with the environmental impact of concentrated animal feeding operations (CAFOs). Agriculture...

325

Risk Mitigation for Managing On-Orbit Anomalies.  

National Technical Information Service (NTIS)

This slide presentation reviews strategies for managing risk mitigation that occur with anomalies in on-orbit spacecraft. It reviews the risks associated with mission operations, a diagram of the method used to manage undesirable events that occur which i...

J. La

2010-01-01

326

Risk Management Is Everyone's Responsibility: Reminders for Entertainment Providers.  

ERIC Educational Resources Information Center

Offers guidelines for risk management to campus entertainers and their representatives, including options for insurance coverage, types of insurance policies, and risk management for non-insurable factors associated with concerts and novelty events. (MSE)

Talarico, Scott

1999-01-01

327

Quantifying fatigue risk in model-based fatigue risk management.  

PubMed

The question of what is a maximally acceptable level of fatigue risk is hotly debated in model-based fatigue risk management in commercial aviation and other transportation modes. A quantitative approach to addressing this issue, referred to by the Federal Aviation Administration with regard to its final rule for commercial aviation "Flightcrew Member Duty and Rest Requirements," is to compare predictions from a mathematical fatigue model against a fatigue threshold. While this accounts for duty time spent at elevated fatigue risk, it does not account for the degree of fatigue risk and may, therefore, result in misleading schedule assessments. We propose an alternative approach based on the first-order approximation that fatigue risk is proportional to both the duty time spent below the fatigue threshold and the distance of the fatigue predictions to the threshold--that is, the area under the curve (AUC). The AUC approach is straightforward to implement for schedule assessments in commercial aviation and also provides a useful fatigue metric for evaluating thousands of scheduling options in industrial schedule optimization tools. PMID:23447854

Rangan, Suresh; Van Dongen, Hans P A

2013-02-01

328

Applied climate science: the risk management route  

NASA Astrophysics Data System (ADS)

While several Masters programmes on climate science exist in the British Isles, until recently there has been little regard for the requirements of business, local government and the insurance market in the provision of postgraduate taught programmes. This talk will discuss the issue of climate change risk management as a way of embedding climate science into the decision-making protocols for commercial and governmental organisations. It will outline several issues for business decision-making that have implications for climate change. These include: climate sensitivity, model uncertainty and rapid climate change. The experience of developing and running the MSc in Climate Change and Risk management at Exeter University will be used to highlight these issues.

Harrison, Stephan

2010-05-01

329

Dynamic reliability and risk assessment of the accident localization system of the Ignalina NPP RBMK-1500 reactor  

Microsoft Academic Search

The paper presents reliability and risk analysis of the RBMK-1500 reactor accident localization system (ALS) (confinement), which prevents radioactive releases to the environment. Reliability of the system was estimated and compared by two methods: the conventional fault tree method and an innovative dynamic reliability model, based on stochastic differential equations. Frequency of radioactive release through ALS was also estimated. The

V. Kopustinskas; J. Augutis; S. Rimkevi?ius

2005-01-01

330

CARA: A Human Reliability Assessment Tool for Air Traffic Safety Management — Technical Basis and Preliminary Architecture  

Microsoft Academic Search

\\u000a This paper aims to serve as the basis for development of a sound Human Reliability Assessment (HRA) capability for Air Traffic\\u000a Management (ATM) applications in safety case and Human Factors assurance work. ATM is considered a ‘high reliability’ industry,\\u000a although recent ATM-related accident occurrences have shown that such a status can never be assumed, and there is a continual\\u000a need

Barry Kirwan; Huw Gibson

2007-01-01

331

Social risk management through transitional labour markets  

Microsoft Academic Search

Abstract: This essay takes the intrusion of the term'risk management'into the social policy discourse as a'moral opportunity'to reconsider the balance between solidarity and individual responsibility. The argument is developed in four steps: First, the psychology of intuitive beliefs and choices points to the bounded rationality of risky choices. The paper demonstrates how the institutionalisation of oppor-tunity structures recommended by the

2005-01-01

332

76 FR 7187 - Priorities for Addressing Risks to the Reliability of the Bulk-Power System; Reliability...  

Federal Register 2010, 2011, 2012, 2013

...to be addressed? d. What steps are currently being taken to address the electromagnetic pulse (EMP) issue? Which Reliability Standards cover EMP and do they adequately address the issue? e. Are there any other emerging reliability issues...

2011-02-09

333

How Does Emissions Trading Influence Corporate Risk Management?  

Microsoft Academic Search

\\u000a The purpose of this chapter is to investigate regulatory climate change risks related to emissions trading. We propose that\\u000a a deeper integration of climate change risks in risk management is necessary. Therefore we derive a six-step risk management\\u000a process according to Draft International Standard for ISO 31000. We argue that this formalized risk management standard is\\u000a a useful tool to

Edeltraud Günther; Martin Nowack; Gabriel Weber

334

A conceptual planning tool for mountain hazard and risk management  

NASA Astrophysics Data System (ADS)

Following the premises of integral risk management, comprehensive mitigation concepts have to be elaborated in a structured manner aiming to fulfil the requirements of effectiveness and efficiency. In order to achieve the optimal protection level against hazard processes, the planning process has to follow distinct guidelines that allow for a consistent management process. Thereby, the necessities of efficient risk reduction have to meet other commensurate requirements, such as ecological sustainability, technical reliability, feasibility of the concept itself even under changing system loadings, as well as an adapted maintenance strategy. Until now, only little work has been done to conceptualise such necessities from an integrative point of view. So far, most of the engineering strategies aimed either at maximising the hydraulic discharge capacity or the bed load retention, or at consolidating the streambed and limit the rate of bedload production. To overcome these shortcomings we propose a revision of the underlying planning process by means of a step-by-step approach. This approach will gear functionally efficient mitigation measures that are able to provide a higher degree of risk reduction than conventional mitigation strategies by including possible alternatives already in the early planning stages.

Mazzorana, Bruno; Fuchs, Sven

2010-05-01

335

Guidelines for Automatic Data Processing Physical Security and Risk Management. Federal Information Processing Standards Publication 31.  

ERIC Educational Resources Information Center

|These guidelines provide a handbook for use by federal organizations in structuring physical security and risk management programs for their automatic data processing facilities. This publication discusses security analysis, natural disasters, supporting utilities, system reliability, procedural measures and controls, off-site facilities,…

National Bureau of Standards (DOC), Washington, DC.

336

Optimizing grid contribution and economic returns from solar generators by managing the output uncertainty risk  

Microsoft Academic Search

Intermittent and uncertain nature of power output from weather-dependent renewable energy sources like solar is a major challenge in integrating them with traditional power grids that mostly consist of reliable power sources. We have created a framework for efficiently managing the weather-related uncertainty risk of solar generators and facilitating their integration into power grids while optimizing the economic return from

Soumyo V. Chakraborty; Sandeep K. Shukla; James Thorp

2011-01-01

337

RISK ASSESSMENT AND MANAGEMENT: FRAMEWORK FOR DECISION MAKING  

EPA Science Inventory

The risk assessment and risk management initiatives described in this report are tools which will help make possible more efficient protection of the environment and human health. e expect to gain the following specific management advantages: isk assessment and risk management he...

338

Operational risk management in the future grid operation  

Microsoft Academic Search

As more and more variable resources and demand response resources being integrated in the electric grid, the grid operation is experiencing increasing level of uncertainties. The decision making process under such environment becomes more challenging. This paper investigates the current risk management practices and proposes a risk management framework for the future grid operation. Under this framework, three risk management

Tongxin Zheng; Eugene Litvinov

2011-01-01

339

EXTENSION EDUCATORS' SUPPLY OF RISK MANAGEMENT TRAINING TO FARMERS  

Microsoft Academic Search

A univariate Tobit model of extension educators' provision of risk management educational training was conducted in Mississippi, Texas, Indiana, and Nebraska. A complementary relationship exists between percent of time devoted to agricultural responsibilities and the provision of risk management training courses. The results indicate that, as extension educators perceive farmers to be more knowledgeable of risk management tools, their provision

Oscar Vergara; Steven W. Martin; Keith H. Coble; Thomas O. Knight; George F. Patrick; Alan E. Baquet

2003-01-01

340

Risk Management and Aspirational Ethics for Parenting Coordinators  

Microsoft Academic Search

This paper reviews areas of risk management and aspirational ethics as related to the relatively new practice of court-appointed parenting coordinators. Risk management and aspirational ethics are defined and related to this area of post-divorce professional activity. Incidence data concerning licensure board complaints and civil lawsuits are reviewed. Guidelines which incorporate risk management and aspirational ethics regarding parenting coordinating are

Karl Kirkland; Kale E. Kirkland

2006-01-01

341

Consumer Evaluations of Food Risk Management Quality in Europe  

Microsoft Academic Search

In developing and implementing appropriate food risk management strategies, it is important to understand how consumers evaluate the quality of food risk management practices. The aim of this study is to model the underlying psychological factors influencing consumer evaluations of food risk management quality using structural equation modeling techniques (SEM), and to examine the extent to which the influence of

Kleef van E; J. R. Houghton; A. Krystallis; U. Pfenning; G. Rowe; Dijk van H; Lans van der I. A; L. J. Frewer

2007-01-01

342

Tank waste remediation system tank waste retrieval risk management plan  

SciTech Connect

This Risk Management Plan defines the approach to be taken to manage programmatic risks in the TWRS Tank Waste Retrieval program. It provides specific instructions applicable to TWR, and is used to supplement the guidance given by the TWRS Risk Management procedure.

Klimper, S.C.

1997-11-07

343

Feeling at risk matters: water managers and the decision to use forecasts.  

PubMed

Experts contend that weather and climate forecasts could have an important role in risk management strategies for community water systems. Yet, most water managers make minimal use of these forecasts. This research explores the determinants of the use of weather and climate forecasts by surveying managers of community water systems in two eastern American states (South Carolina and the Susquehanna River Basin of Pennsylvania). Assessments of the reliability of weather and climate forecasts are not driving their use as water managers who find forecasts reliable are no more likely to use them than are managers who find them unreliable. Although larger systems and those depending on surface water are more likely to use forecasts for some (but not all) purposes, the strongest determinant of forecast use is risk perceptions. Water managers who expect to face problems from weather events in the next decade are much more likely to use forecasts than are water managers who expect few problems. Their expectations of future problems are closely linked with past experience: water managers who have had problems with specific types of weather events (e.g., flood emergencies) in the last 5 years are likely to expect to experience problems in the next decade. Feeling at risk, regardless of the specific source of that weather-related risk, stimulates a decision to use weather and climate forecasts. PMID:16297230

O'Connor, Robert E; Yarnal, Brent; Dow, Kirstin; Jocoy, Christine L; Carbone, Gregory J

2005-10-01

344

Decision Making and Risk Management in Adventure Sports Coaching  

ERIC Educational Resources Information Center

Adventure sport coaches practice in environments that are dynamic and high in risk, both perceived and actual. The inherent risks associated with these activities, individuals' responses and the optimal exploitation of both combine to make the processes of risk management more complex and hazardous than the traditional sports where risk management

Collins, Loel; Collins, Dave

2013-01-01

345

Risk in Fire Management Decisionmaking: Techniques and Criteria.  

National Technical Information Service (NTIS)

In the past, decisionmaking in wildland fire management generally has not included a full consideration of the risk and uncertainty that is inherent in evaluating alternatives. Fire management policies in some Federal land management agencies now require ...

G. Blattenberger W. F. Hyde T. J. Mills

1984-01-01

346

Novel Threat-risk Index Using Probabilistic Risk Assessment and Human Reliability Analysis - Final Report  

SciTech Connect

In support of a national need to improve the current state-of-the-art in alerting decision makers to the risk of terrorist attack, a quantitative approach employing scientific and engineering concepts to develop a threat-risk index was undertaken at the Idaho National Engineering and Environmental Laboratory (INEEL). As a result of this effort, a set of models has been successfully integrated into a single comprehensive model known as Quantitative Threat-Risk Index Model (QTRIM), with the capability of computing a quantitative threat-risk index on a system level, as well as for the major components of the system. Such a threat-risk index could provide a quantitative variant or basis for either prioritizing security upgrades or updating the current qualitative national color-coded terrorist threat alert.

George A. Beitel

2004-02-01

347

A Framework for Integrating Knowledge Management with Risk Management for Information Technology Projects (RiskManiT)  

ERIC Educational Resources Information Center

This research focused on the challenges experienced when executing risk management activities for information technology projects. The lack of adequate knowledge management support of risk management activities has caused many project failures in the past. The research objective was to propose a conceptual framework of the Knowledge-Based Risk

Karadsheh, Louay A.

2010-01-01

348

A Framework for Integrating Knowledge Management with Risk Management for Information Technology Projects (RiskManiT)  

ERIC Educational Resources Information Center

|This research focused on the challenges experienced when executing risk management activities for information technology projects. The lack of adequate knowledge management support of risk management activities has caused many project failures in the past. The research objective was to propose a conceptual framework of the Knowledge-Based Risk

Karadsheh, Louay A.

2010-01-01

349

Aspects of Risk Assessment in Distribution System Asset Management: Case Studies  

Microsoft Academic Search

\\u000a The reliability of power systems is a major concern for network designers and operators. For several reasons, the level of\\u000a electricity distribution network risk, in the UK as elsewhere, is perceived to be increasing in the short term, and further\\u000a sources of increased risk can be anticipated in the longer term. An asset management approach seeks to optimise the balance

Simon Blake; Philip Taylor

350

Consumer evaluations of food risk management quality in Europe.  

PubMed

In developing and implementing appropriate food risk management strategies, it is important to understand how consumers evaluate the quality of food risk management practices. The aim of this study is to model the underlying psychological factors influencing consumer evaluations of food risk management quality using structural equation modeling techniques (SEM), and to examine the extent to which the influence of these factors is country-specific (comparing respondents from Denmark, Germany, Greece, Slovenia, and the United Kingdom). A survey was developed to model the factors that drive consumer evaluations of food risk management practices and their relative importance (n= 2,533 total respondents). The measurement scales included in the structural model were configurally and metrically invariant across countries. Results show that some factors appear to drive perceptions of effective food risk management in all the countries studied, such as proactive consumer protection, which was positively related to consumers' evaluation of food risk management quality, while opaque and reactive risk management was negatively related to perceived food risk management quality. Other factors appeared to apply only in certain countries. For example, skepticism in risk assessment and communication practices was negatively related to food risk management quality, particularly so in the UK. Expertise of food risk managers appeared to be a key factor in consumers' evaluation of food risk management quality in some countries. However, trust in the honesty of food risk managers did not have a significant effect on food risk management quality. From the results, policy implications for food risk management are discussed and important directions for future research are identified. PMID:18093053

Van Kleef, E; Houghton, J R; Krystallis, A; Pfenning, U; Rowe, G; Van Dijk, H; Van der Lans, I A; Frewer, L J

2007-12-01

351

Managing utility power plant assets to economically optimize power plant cycling costs, life, and reliability  

Microsoft Academic Search

This paper describes the need to assess and manage fossil power plant cycling costs, life expectancy, maintenance strategies, dispatch strategies, and plant reliability, and it presents a methodology that addresses these various needs. This methodology can be used to optimize capital and maintenance spending in order to minimize system-wide revenue requirements

S. A. Lefton; P. M. Besuner; G. P. Grimsrud

1995-01-01

352

Intelligent real-time tools and visualizations for wide-area electrical grid reliability management  

Microsoft Academic Search

The establishment of competitive electricity markets worldwide, the deregulation of the electricity industry, and the response of the industry to the U.S. Energy Policy Act of 2005 have resulted in both very large and very small Balancing Authorities, greater operational complexities, and new reliability management needs at the wide-area level. Both the industry and government organizations responsible for different aspects

Carlos Martinez

2008-01-01

353

Managing a media server content directory in absence of reliable metadata  

Microsoft Academic Search

Content metadata play an important role assisting users to find and access content items of interest. In general, explicit metadata created commercially for traditional media distribution such as TV and packaged content work adequately. However with the proliferation of Internet usage, networked devices, and tools to create, edit, re-distribute, and manage diverse content items, the problem of maintaining reliable metadata

Fernando M. Matsubara; Takehiko Hanada; Shigeru Imai; Shin Miura; Shinji Akatsu

2009-01-01

354

Managing a Media Server Content Directory in Absence of Reliable Metadata  

Microsoft Academic Search

Content metadata play an important role assisting users to find and access content items of interest. In general, explicit metadata created commercially for traditional media distribution such as TV and packaged content work adequately. However with the proliferation of Internet usage, networked devices, and tools to create, edit, re-distribute, and manage diverse content items, the problem of maintaining reliable metadata

F. M. Matsubara; T. Hanada; S. Imai; S. Miura; S. Akatsu

2008-01-01

355

TWRS safety and technical integration risk management plan  

SciTech Connect

The objectives of the Tank Waste Remediation System (TWRS) Safety and Technical Integration (STI) programmatic risk management program are to assess, analyze, and handle risks associated with TWRS STI responsibilities and to communicate information about the actions being taken and the results to enable decision making. The objective of this TWRS STI Risk Management Plan is to communicate a consistent approach to risk management that will be used by the organization.

Fordham, R.A.

1996-03-12

356

Managing hydroclimatic risks in federal rivers: a diagnostic assessment.  

PubMed

Hydroclimatic risks and adaptive capacity are not distributed evenly in large river basins of federal countries, where authority is divided across national and territorial governments. Transboundary river basins are a major test of federal systems of governance because key management roles exist at all levels. This paper examines the evolution and design of interstate water allocation institutions in semi-arid federal rivers prone to drought extremes, climatic variability and intensified competition for scarce water. We conceptualize, categorize and compare federal rivers as social-ecological systems to analyse the relationship between governance arrangements and hydroclimatic risks. A diagnostic approach is used to map over 300 federal rivers and classify the hydroclimatic risks of three semi-arid federal rivers with a long history of interstate allocation tensions: the Colorado River (USA/Mexico), Ebro River (Spain) and Murray-Darling River (Australia). Case studies review the evolution and design of water allocation institutions. Three institutional design trends have emerged: adoption of proportional interstate allocation rules; emergence of multi-layered river basin governance arrangements for planning, conflict resolution and joint monitoring; and new flexibility to adjust historic allocation patterns. Proportional allocation rules apportion water between states based on a share of available water, not a fixed volume or priority. Interstate allocation reform efforts in the Colorado and Murray-Darling rivers indicate that proportional allocation rules are prevalent for upstream states, while downstream states seek reliable deliveries of fixed volumes to increase water security. River basin governance arrangements establish new venues for multilayered planning, monitoring and conflict resolution to balance self governance by users and states with basin-wide coordination. Flexibility to adjust historic allocation agreements, without risk of defection or costly court action, also provides adaptive capacity to manage climatic variability and shifting values. Future research should develop evidence about pathways to adaptive capacity in different classes of federal rivers, while acknowledging limits to transferability and the need for context-sensitive design. PMID:24080624

Garrick, Dustin; De Stefano, Lucia; Fung, Fai; Pittock, Jamie; Schlager, Edella; New, Mark; Connell, Daniel

2013-09-30

357

Clinical risk management of herb-drug interactions  

PubMed Central

The concomitant use of conventional and herbal medicines can lead to clinically relevant herb–drug interactions. Clinical risk management offers a systematic approach to minimize the untoward consequences of these interactions by paying attention to: (i) risk identification and assessment; (ii) development and execution of risk reduction strategies; and (iii) evaluation of risk reduction strategies. This paper reviews which steps should be explored or taken in these domains to improve the clinical risk management of adverse herb–drug interactions.

De Smet, Peter A G M

2007-01-01

358

Farmers’ motivations, risk perceptions and risk management strategies in a developing economy: Bangladesh experience  

Microsoft Academic Search

Aquaculture farmers’ risk perceptions and risk management strategies have still received little attention in agricultural research. Therefore, an exploratory study has been undertaken to provide empirical insight into Bangladeshi coastal shrimp farmers’ risk perceptions and risk management responses. Data from our study show that 95% of farmers have no formal training in shrimp aquaculture. Shrimp farmers’ cooperative societies operate in

Dewan Ali Ahsan

2011-01-01

359

Evaluation of volcanic risk management in Merapi and Bromo Volcanoes  

NASA Astrophysics Data System (ADS)

Merapi (Central Java Province) and Bromo (East Java Province) volcanoes have human-environmental systems with unique characteristics, thus causing specific consequences on their risk management. Various efforts have been carried out by many parties (institutional government, scientists, and non-governmental organizations) to reduce the risk in these areas. However, it is likely that most of the actions have been done for temporary and partial purposes, leading to overlapping work and finally to a non-integrated scheme of volcanic risk management. This study, therefore, aims to identify and evaluate actions of risk and disaster reduction in Merapi and Bromo Volcanoes. To achieve this aims, a thorough literature review was carried out to identify earlier studies in both areas. Afterward, the basic concept of risk management cycle, consisting of risk assessment, risk reduction, event management and regeneration, is used to map those earlier studies and already implemented risk management actions in Merapi and Bromo. The results show that risk studies in Merapi have been developed predominantly on physical aspects of volcanic eruptions, i.e. models of lahar flows, hazard maps as well as other geophysical modeling. Furthermore, after the 2006 eruption of Merapi, research such on risk communication, social vulnerability, cultural vulnerability have appeared on the social side of risk management research. Apart from that, disaster risk management activities in the Bromo area were emphasizing on physical process and historical religious aspects. This overview of both study areas provides information on how risk studies have been used for managing the volcano disaster. This result confirms that most of earlier studies emphasize on the risk assessment and only few of them consider the risk reduction phase. Further investigation in this field work in the near future will accomplish the findings and contribute to formulate integrated volcanic risk management cycles for both Merapi and Bromo. Keywords: Risk management, volcanoes hazard, Merapi and Bromo Volcano Indonesia

Bachri, S.; Stöetter, J.; Sartohadi, J.; Setiawan, M. A.

2012-04-01

360

The reliability and validity of the Turkish version of the constipation risk assessment scale.  

PubMed

The aim of this study is to translate into the Turkish language, and test the reliability and validity, of the Turkish version of the Constipation Risk Assessment Scale (CRAS). This study consisted of 245 adult in-patients who were hospitalized in the medical and surgical clinics of Celal Bayar University Hospital in January through May 2007. The patients were categorized into two groups (constipated and not constipated) according to Rome II criteria. All participants were assessed with the CRAS. The CRAS was retested on 32 patients selected randomly from among the initial constipated group (n =152). The statistical analysis consisted of reliability and validity analyses. Test-retest comparison and internal consistency were used to assess the reliability of the instrument. Divergence and known groups approaches were used to test for construct validity. Correlation analysis using the Pearson's coefficient was conducted to assess the test-retest. For testing of the criteria and known groups, Student's t test and Mann-Whitney U test were used. Cronbach's = value for the constipated respondents was r = 61.9. According to the effect size comparisons, the most effective variable on the CRAS score was perception of constipation risk requirement. The overall score and subsection score correlations were also found acceptable (r = 0.47-0.57). PMID:21637085

Kutlu, Adalet Koca; Yilmaz, Emel; Ceçen, Dilek; Eser, Erhan

361

Nurses' Psychosocial Barriers to Suicide Risk Management  

PubMed Central

Suicide remains a serious health care problem and a sentinel event tracked by The Joint Commission. Nurses are pivotal in evaluating risk and preventing suicide. Analysis of nurses' barriers to risk management may lead to interventions to improve management of suicidal patients. These data emerged from a random survey of 454 oncology nurses' attitudes, knowledge of suicide, and justifications for euthanasia. Instruments included a vignette of a suicidal patient and a suicide attitude questionnaire. Results. Psychological factors (emotions, unresolved grief, communication, and negative judgments about suicide) complicate the nurse's assessment and treatment of suicidal patients. Some nurses (n = 122) indicated that euthanasia was never justified and 11 were unsure of justifications and evaluated each case on its merits. Justifications for euthanasia included poor symptom control, poor quality of life, incurable illness or permanent disability, terminal illness, and terminal illness with inadequate symptom control or impending death, patient autonomy, and clinical organ death. The nurses indicated some confusion and misconceptions about definitions and examples of euthanasia, assisted suicide, and double effect. Strategies for interdisciplinary clinical intervention are suggested to identify and resolve these psychosocial barriers.

Valente, Sharon

2011-01-01

362

Dairy farmer use of price risk management tools.  

PubMed

Volatility in milk and feed prices can adversely affect dairy farm profitability. Many risk management tools are available for use by US dairy farmers. This research uses surveys of Michigan dairy farmers to examine the extent to which price risk management tools have been used, the farm and operator characteristics that explain the use of these tools, and reasons farmers have not used these tools. A 1999 survey was used to benchmark the degree to which dairy producers had used milk and feed price risk management instruments to compare with 2011 use rates. The surveys collected information about the farm characteristics such as herd size, farmland operated, business organization, and solvency position. Farm operator characteristics collected include age, education, and experience. Dairy farmer use of both milk and feed price risk management tools increased between 1999 and 2011. In 2011, herd size was positively related to the use of milk price risk management tools, whereas farms organized as a sole proprietorship were less likely to use them. Also in 2011, herd size and land operated were positively related to feed price risk management tools, whereas operator age was negatively related. Reasons why farmers had not used price risk management tools included basis risk, cost, lack of management time, cooperative membership, and lack of understanding. Conclusions include the need for educational programming on price risk management tools and a broader exploration of dairy farm risk management programs. PMID:22720973

Wolf, C A

2012-07-01

363

Managing the Risks of School District Special Events.  

ERIC Educational Resources Information Center

A school district's risk manager must provide the leadership in risk management for district special events. Tables list the following: (1) seven reasons for event failures, and preventive measures to take; (2) risk analysis checklist; and (3) event planning outline. (MLF)

Berlonghi, Alexander

1991-01-01

364

USING BIOASSAYS TO EVALUATE THE PERFORMANCE OF RISK MANAGEMENT TECHNIQUES  

EPA Science Inventory

Often, the performance of risk management techniques is evaluated by measuring the concentrations of the chemials of concern before and after risk management effoprts. However, using bioassays and chemical data provides a more robust understanding of the effectiveness of risk man...

365

Study on the Risk Management Strategy of China's Commercial Banks  

Microsoft Academic Search

Study on risk management of commercial banks(CB) is a hot issue in recent years. Especially after the financial crisis, more and more researchers begin to study how to manage the risk of China's CB. This paper combines the existing literature and Basel II to analyze the risk status of China's CB. We find that although China's CB have got a

Zhao Yun; Zou Yan; Gao Zhi

2010-01-01

366

Social media, reputation risk and ambient publicity management  

Microsoft Academic Search

Purpose – This paper aims to discuss the emergence of corporate reputational risk in terms of social media, exploring its threats to and possibilities for organizations' strategic reputation management. Design\\/methodology\\/approach – Reputation risk, the possibility of damaging one's reputation, presents a threat to organizations in many ways. Little is known, however, about the connections between reputation risk management and social

Pekka Aula

2010-01-01

367

48 CFR 1815.203-72 - Risk management.  

Code of Federal Regulations, 2012 CFR

...2012-10-01 2012-10-01 false Risk management. 1815.203-72 Section...Proposals and Information 1815.203-72 Risk management. In all RFPs and RFOs...require offerors to identify and discuss risk factors and issues throughout the...

2012-10-01

368

48 CFR 1815.203-72 - Risk management.  

Code of Federal Regulations, 2011 CFR

...2011-10-01 2011-10-01 false Risk management. 1815.203-72 Section...Proposals and Information 1815.203-72 Risk management. In all RFPs and RFOs...require offerors to identify and discuss risk factors and issues throughout the...

2011-10-01

369

Precautionary Defaults—A New Strategy for Chemical Risk Management  

Microsoft Academic Search

In order to give adequate support to risk managers, new risk assessment methods should be developed that are (1) scientifically sound, (2) simplified, and (3) suited for precautionary risk management. In this Perspective we propose that the notion of a precautionary default can be a useful tool in the development of such methods. A precautionary default is a cautious or

Per Sandin; Bengt-Erik Bengtsson; Åke Bergman; Ingvar Brandt; Lennart Dencker; Per Eriksson; Lars Förlin; Per Larsson; Agneta Oskarsson; Christina Rudén; Anders Södergren; Per Woin; Sven Ove Hansson

2004-01-01

370

Hierarchical, model-based risk management of critical infrastructures  

Microsoft Academic Search

Risk management is a process that includes several steps, from vulnerability analysis to the formulation of a risk mitigation plan that selects countermeasures to be adopted. With reference to an information infrastructure, we present a risk management strategy that considers a sequence of hierarchical models, each describing dependencies among infrastructure components. A dependency exists anytime a security-related attribute of a

F. Baiardi; C. Telmon; D. Sgandurra

2009-01-01

371

The ZeroGen project — Managing risk and uncertainty  

Microsoft Academic Search

The paper discusses managing risk and uncertainty and presents a discussion based on the engineering prefeasibility studies and storage exploratory, appraisal program. Here, just three areas of mainly technical risk and uncertainty are discussed relating to technology integration, to IGCC site choice and infrastructure and to GHG storage. Technology integration risks and uncertainties are managed primarily through carefully designed agreement

Andrew Garnett; Chris Grieg; Chris Wheeler

2011-01-01

372

The Mathematics and Statistics of Quantitative Risk Management  

Microsoft Academic Search

Over the last 20 years risk management has become one of the more challenging tasks in the financial and insurance industries. With the cur- rent uncertainty in the financial institutions and markets, risk management is a major and pressing topic of interest. Risks in insurance and finance are often described by stochastic models such as stochastic differential equations, which describing

Thomas Mikosch; Richard A. Davis

2008-01-01

373

The necessity of operational risk management and quantification  

Microsoft Academic Search

Beginning with the fact that performant strategies of the financial institutions have programmes and management procedures for the banking risks, which have as main objective to minimize the probability of risk generation and the bank’s potential exposure, this paper wants to present the operational risk management and quantification methods. Also it presents the modality of minimum capital requirement for the

Barbu Teodora Cristina; Olteanu Ana Cornelia; Radu Alina Nicoleta

2008-01-01

374

Integration of Risk Management Techniques into Outdoor Adventure Program Design.  

ERIC Educational Resources Information Center

This paper is designed to acquaint the outdoor professional with the risk management decision making process required for the operation and management of outdoor adventure activities. The document examines the programming implications of fear in adventure activities; the risk management process in adventure programming; a definition of an…

Bruner, Eric V.

375

Learning How to Manage Risks Using Organizational Knowledge  

Microsoft Academic Search

In spite of being an important software activity, many software organizations present difficulties in managing risks. This happens mainly due to their low maturity level, and because Risk Management is a complex and knowledge intensive task that requires experienced project managers, which many times are not available. In order to overcome this barrier, novice software engineers must learn how to

Ricardo De Almeida Falbo; Fabiano Borges Ruy; Gleidson Bertollo; Denise F. Togneri

2004-01-01

376

Risk Management and Crisis Response: Are You Prepared?  

ERIC Educational Resources Information Center

|How a camp responds to a crisis may determine whether it can survive financially. Effective risk management requires total commitment from ownership and management, and staff involvement. Steps in formulating a risk management plan include identifying all potential crises and their frequency and severity potential, developing responses,…

Schirick, Ed

2002-01-01

377

Management of Secondary Risk Factors in Patients with Intermittent Claudication  

Microsoft Academic Search

Objectives: the first line management of patients with intermittent claudication is “best medical therapy” i.e., smoking cessation, exercise, antiplatelet therapy and risk factors modification. The aim of this study was to assess the current management of risk factors in primary care and to compare General Practitioner (GP) attitudes and actual management.Design and Methods: postal questionnaire of all 336 GPs in

K. Cassar; R. Coull; P. Bachoo; E. Macaulay; J. Brittenden

2003-01-01

378

Risk management: medical malpractice and Emergency Department.  

PubMed

Because of the limited number of comprehensive paediatric centres, providing the entire continuum of paediatric care, including subspecialty care, and generally serving as regional referral centres for tertiary paediatrics, paediatric emergency care in Italy is often provided in adult facilities within primarily adult hospital institutions. Consequently, most paediatricians working in hospitals with a separate paediatric ward or department provide Emergency Department (ED) on-call coverage with serious liability concerns: such concerns are due to the fact that successful care of infants and children in an emergency situation requires appropriately sized equipment, well trained staff, appropriate and specialised triage and destination guidelines but, unfortunately, not all Italian facilities fulfil all these criteria. Risk management training of the entire ED staff may reduce the institution's involvement in malpractice litigation. Another useful tool within a paediatric ED is an Observation Unit (OU) for well-defined illnesses (such as asthma, croup, bronchiolitis, gastroenteritis, abdominal pain, mild dehydration, overdoses or poisoning, seizures), which can assure better patient's care, a decrease in missed diagnosis and acuity and decreased lenght of stay, and, consequently, a better risk management, decreased malpractice liability and cost effectiveness. Furthermore, in our paper we aimed to highlight the importance of aspects with a potential risk exposure in our profession, such as informed consent, exculpatory release forms, incident reports and complete ED record documentation of paediatric patients. In addition to that, the quality of care provided at ED in Italy has been assessed by analysing ED-related paediatric malpractice claims in the last 10 years. Finally, the importance of a joint commission within the Italian Paediatrics Society is underlined in order to discuss practice guidelines for paediatricians involved in emergency care. PMID:16402011

Di Pietro, P; Lattere, M; Villa, G; Piccotti, E; D'Agostino, P

2005-12-01

379

Probabilistic risk assessment for a loss of coolant accident in McMaster Nuclear Reactor and application of reliability physics model for modeling human reliability  

Microsoft Academic Search

A probabilistic risk assessment (PRA) was conducted for a loss of coolant accident, (LOCA) in the McMaster Nuclear Reactor (MNR). A level 1 PRA was completed including event sequence modeling, system modeling, and quantification. To support the quantification of the accident sequence identified, data analysis using the Bayesian method and human reliability analysis (HRA) using the accident sequence evaluation procedure

Taesung Ha

2007-01-01

380

Engineering Reliability and Risk Analysis for Water Resources Investments; Role of Structural Degradation in Time-Dependent Reliability Analysis.  

National Technical Information Service (NTIS)

This report presents the results of a preliminary investigation of the feasibility of incorporating structural degradation into time-dependent reliability analysis of navigation infrastructure on inland and coastal waterways. An appraisal is presented of ...

B. R. Ellingwood

1995-01-01

381

Inter-rater reliability of PATH observations for assessment of ergonomic risk factors in hospital work.  

PubMed

This study examined the inter-rater reliability of expert observations of ergonomic risk factors by four analysts. Ten jobs were observed at a hospital using a newly expanded version of the PATH method (Buchholz et al. 1996), to which selected upper extremity exposures had been added. Two of the four raters simultaneously observed each worker onsite for a total of 443 observation pairs containing 18 categorical exposure items each. For most exposure items, kappa coefficients were 0.4 or higher. For some items, agreement was higher both for the jobs with less rapid hand activity and for the analysts with a higher level of ergonomic job analysis experience. These upper extremity exposures could be characterised reliably with real-time observation, given adequate experience and training of the observers. The revised version of PATH is applicable to the analysis of jobs where upper extremity musculoskeletal strain is of concern. PMID:19562592

Park, Jung-Keun; Boyer, Jon; Tessler, Jamie; Casey, Jeffrey; Schemm, Linda; Gore, Rebecca; Punnett, Laura

2009-07-01

382

Application of the ARRAMIS Risk and Reliability Software to the Nuclear Accident Progression  

SciTech Connect

The ARRAMIS risk and reliability analysis software suite developed by Sandia National Laboratories enables analysts to evaluate the safety and reliability of a wide range of complex systems whose failure results in high consequences. This software was originally designed to model the systems, responses, and phenomena associated with potential severe accidents at commercial nuclear power reactors by solving very large fault tree and event tree models. However, because of its power and versatility, ARRAMIS and its constituent analysis engines have recently been used to evaluate a wide variety of systems, including nuclear weapons, telecommunications facilities, robotic material handling systems, and aircraft systems using hybrid fault tree event tree analysis techniques incorporating fully integrated uncertainty analysis capabilities. This paper describes recent applications in the area of nuclear reactor accident progression analysis using a large event tree methodology and the ARRAMIS package.

Wyss, Gregory D.; Daniel, Sharon L.; Hays, Kelly M.; Brown, Thomas D.

1997-06-01

383

Cut set-based risk and reliability analysis for arbitrarily interconnected networks  

DOEpatents

Method for computing all-terminal reliability for arbitrarily interconnected networks such as the United States public switched telephone network. The method includes an efficient search algorithm to generate minimal cut sets for nonhierarchical networks directly from the network connectivity diagram. Efficiency of the search algorithm stems in part from its basis on only link failures. The method also includes a novel quantification scheme that likewise reduces computational effort associated with assessing network reliability based on traditional risk importance measures. Vast reductions in computational effort are realized since combinatorial expansion and subsequent Boolean reduction steps are eliminated through analysis of network segmentations using a technique of assuming node failures to occur on only one side of a break in the network, and repeating the technique for all minimal cut sets generated with the search algorithm. The method functions equally well for planar and non-planar networks.

Wyss, Gregory D. (Albuquerque, NM)

2000-01-01

384

Mobile phone radiation health risk controversy: the reliability and sufficiency of science behind the safety standards  

PubMed Central

There is ongoing discussion whether the mobile phone radiation causes any health effects. The International Commission on Non-Ionizing Radiation Protection, the International Committee on Electromagnetic Safety and the World Health Organization are assuring that there is no proven health risk and that the present safety limits protect all mobile phone users. However, based on the available scientific evidence, the situation is not as clear. The majority of the evidence comes from in vitro laboratory studies and is of very limited use for determining health risk. Animal toxicology studies are inadequate because it is not possible to "overdose" microwave radiation, as it is done with chemical agents, due to simultaneous induction of heating side-effects. There is a lack of human volunteer studies that would, in unbiased way, demonstrate whether human body responds at all to mobile phone radiation. Finally, the epidemiological evidence is insufficient due to, among others, selection and misclassification bias and the low sensitivity of this approach in detection of health risk within the population. This indicates that the presently available scientific evidence is insufficient to prove reliability of the current safety standards. Therefore, we recommend to use precaution when dealing with mobile phones and, whenever possible and feasible, to limit body exposure to this radiation. Continuation of the research on mobile phone radiation effects is needed in order to improve the basis and the reliability of the safety standards.

2010-01-01

385

Risk management of developing assistive devices for elderly.  

PubMed

This study uses the Delphi method in interviewing experts to identify critical risks in the development of assistive devices. Critical risks included product planning, technology development, production, performance, schedule management, and cost management, comprising 26 risk factors in 6 constructs. This study determined which factors were of high importance, finding a total of 7 market analysis errors. Mind mapping was used to create a knowledge map; and layer expansion was used to understand risk distribution to facilitate risk mitigation and monitoring. Organizational risk strategies could be developed to reduce risk and maintain stability while achieving the objective of developing new products. PMID:21035205

Cheng, Yu-Tien; Chuang, Huan-Ming; Pei, Chun

2010-10-28

386

Simplified Plant Analysis Risk (SPAR) Human Reliability Analysis (HRA) Methodology: Comparisons with other HRA Methods  

SciTech Connect

The 1994 Accident Sequence Precursor (ASP) human reliability analysis (HRA) methodology was developed for the U.S. Nuclear Regulatory Commission (USNRC) in 1994 by the Idaho National Engineering and Environmental Laboratory (INEEL). It was decided to revise that methodology for use by the Simplified Plant Analysis Risk (SPAR) program. The 1994 ASP HRA methodology was compared, by a team of analysts, on a point-by-point basis to a variety of other HRA methods and sources. This paper briefly discusses how the comparisons were made and how the 1994 ASP HRA methodology was revised to incorporate desirable aspects of other methods. The revised methodology was renamed the SPAR HRA methodology.

Byers, James Clifford; Gertman, David Ira; Hill, Susan Gardiner; Blackman, Harold Stabler; Gentillon, Cynthia Ann; Hallbert, Bruce Perry; Haney, Lon Nolan

2000-08-01

387

Simplified plant analysis risk (SPAR) human reliability analysis (HRA) methodology: Comparisons with other HRA methods  

SciTech Connect

The 1994 Accident Sequence Precursor (ASP) human reliability analysis (HRA) methodology was developed for the U.S. Nuclear Regulatory Commission (USNRC) in 1994 by the Idaho National Engineering and Environmental Laboratory (INEEL). It was decided to revise that methodology for use by the Simplified Plant Analysis Risk (SPAR) program. The 1994 ASP HRA methodology was compared, by a team of analysts, on a point-by-point basis to a variety of other HRA methods and sources. This paper briefly discusses how the comparisons were made and how the 1994 ASP HRA methodology was revised to incorporate desirable aspects of other methods. The revised methodology was renamed the SPAR HRA methodology.

J. C. Byers; D. I. Gertman; S. G. Hill; H. S. Blackman; C. D. Gentillon; B. P. Hallbert; L. N. Haney

2000-07-31

388

Managing the risk of loans with basis risk: sell, hedge, or do nothing?  

Microsoft Academic Search

Individual loans contain a bundle of risks including credit risk and interest rate risk. This paper focuses on the general issue of banks’ management of these various risks in a model with costly loan monitoring and convex taxes. The results suggest that if the hedge is not subject to basis risk, then hedging dominates a strategy of “do nothing.” Whether

Larry D. Wall; Milind M. Shrikhande

2000-01-01

389

Incorporating risk assessment and risk management into public policies on genetically modified finfish and shellfish  

Microsoft Academic Search

Genetically modified finfish and shellfish pose economic benefits to aquaculture, but also pose ecological and genetic risks to ecosystems receiving such organisms. Realization of benefits with minimization of risks posed by a new technology can be addressed through the processes of risk assessment and risk management. Public policies adopted by individual countries will reflect differences in the outcome of risk

Eric M. Hallerman; Anne R. Kapuscinski

1995-01-01

390

12 CFR 704.6 - Credit risk management.  

Code of Federal Regulations, 2010 CFR

A corporate credit union must operate according to a credit risk management policy that is commensurate with the investment risks and activities it undertakes. The policy must address at a minimum: (1) The approval process associated with credit...

2009-01-01

391

Fluvial flood risk management in a changing world  

Microsoft Academic Search

Flood risk emerges from the interaction of hazard and vulnerability. Over recent decades the notion of risk being the basis for flood management decisions has become widely accepted and operationalised through the use of models and quantified risk analysis providing the evidence for risk-informed decision making. However, it is now abundantly apparent that changes in time, at a range of

B. Merz; J. Hall; M. Disse; A. Schumann

2010-01-01

392

Decision Making and Risk Management in Adventure Sports Coaching  

ERIC Educational Resources Information Center

|Adventure sport coaches practice in environments that are dynamic and high in risk, both perceived and actual. The inherent risks associated with these activities, individuals' responses and the optimal exploitation of both combine to make the processes of risk management more complex and hazardous than the traditional sports where risk

Collins, Loel; Collins, Dave

2013-01-01

393

Application of data mining to medical risk management  

NASA Astrophysics Data System (ADS)

This paper proposes an application of data mining to medical risk management, where data mining techniques were applied to detection, analysis and evaluation of risks potentially existing in clinical environments. We applied this technique to the following two medical domains: risk aversion of nurse incidents and infection control. The results show that data mining methods were effective to detection and aversion of risk factors.

Tsumoto, Shusaku; Matsuoka, Kimiko; Yokoyama, Shigeki

2008-03-01

394

FDA Drug Safety Communication: New risk management plan ...  

Center for Drug Evaluation (CDER)

... FDA Drug Safety Communication: New risk management plan and patient Medication Guide for Qualaquin (quinine sulfate). Safety Announcement. ... More results from www.fda.gov/drugs/drugsafety/postmarketdrugsafetyinformationforpatientsandproviders

395

Risk management for buildings -- Has the time come?  

SciTech Connect

There are both incentives and challenges for applying formal risk management processes to buildings and other structures, including bridges, highways, dams, stadiums, shopping centers, and private dwellings. Based on an assessment of several issues, the authors conclude that for certain types of buildings and structures the time has come for the use of a formal risk-management approach, including probabilistic risk assessment methods, to help identify dominant risks to public health, safety, and security and to help manage these risks in a cost-effective manner.

Berry, D.L.; Hunter, R.L.

1997-08-01

396

Risk perception - issues for flood management in Europe  

NASA Astrophysics Data System (ADS)

Public perception of flood risk and flood risk information is often overlooked when developing flood risk management plans. As scientists and the public at large perceive risk in very different ways, flood risk management strategies are known to have failed in the past due to this disconnect between authorities and the public. This paper uses a novel approach in exploring the role of public perception in developing flood risk communication strategies in Europe. Results are presented of extensive quantitative research of 1375 questionnaire responses from thirteen communities at risk across six European countries. The research forms part of two research projects funded under the 2nd ERA-Net CRUE Funding Initiative: URFlood and FREEMAN. Risk perception is conceptualised as a pillar of social resilience, representing an innovative approach to the issue. From this process recommendations are identified for improving flood risk management plans through public participation.

Bradford, R. A.; O'Sullivan, J. J.; van der Craats, I. M.; Krywkow, J.; Rotko, P.; Aaltonen, J.; Bonaiuto, M.; De Dominicis, S.; Waylen, K.; Schelfaut, K.

2012-07-01

397

Variability and power management in sub-100nm SOI technology for reliable high performance systems  

Microsoft Academic Search

The ability to fully leverage future CMOS technologies will require a proactive approach to aggressively manage power while characterizing and mitigating the various sources of technology uncertainty. Adaptive techniques that span the full design stack across technology, circuits, and systems\\/software are required for building future reliable systems. Moreover, the emerging trend of low-power, multi-core-based systems requires very high transistor density

Koushik Das; Kerry Bernstein; Jeff Burns; Fadi Gebara; Shih-Hsien Lo; Kevin Nowka; Rahul Rao; Michael Rosenfield

2008-01-01

398

Bergen Burnout Inventory: reliability and validity among Finnish and Estonian managers  

Microsoft Academic Search

Objectives  This study introduces a short measure for burnout (the Bergen Burnout Inventory, BBI) and examines its validity and reliability\\u000a among managers in Finland and Estonia by means of confirmatory factor analysis. Burnout comprises three dimensions: (1) exhaustion\\u000a at work (emotional component), (2) cynicism toward the meaning of work (cognitive component), and (3) the sense of inadequacy\\u000a at work (behavioral component).

Katariina Salmela-Aro; Johanna Rantanen; Katriina Hyvönen; Kati Tilleman; Taru Feldt

2011-01-01

399

Reliability-based life cycle assessment for future solid waste management alternatives in Portugal  

Microsoft Academic Search

Background, aim, and scope  This paper presents a study related to the application of the reliability-based life cycle assessment (LCA) to assess different\\u000a alternatives for solid waste management in the Setúbal peninsula, Portugal. The current system includes waste collection,\\u000a transport, sorting, recycling, and mechanical and biological treatment (MBT) by means of aerobic treatment and landfill. In\\u000a addition, some future expansion plans

Ana Pires; Ni-Bin Chang; Graça Martinho

2011-01-01

400

United States Environmental Protection Agency: Use of risk assessment and risk management methodologies. Master's thesis  

SciTech Connect

Make a full investigation of the policy implications and appropriate uses of risk assessment and risk management in regulatory programs under various Federal laws to prevent cancer and other chronic health effects which may result from exposure to hazardous substances. This is the primary mission of the Risk Assessment and Management Commission (Risk Commission). The Clean Air Act Amendments of 1990 (CAAA), created the Risk Commission reflecting Congress' concern over agency use of risk assessment and risk management techniques and methodologies to implement federal laws protective of human health. The Risk Commission is to consider: methods for measuring and describing risks of chronic health effects from hazardous substances; methods to reflect uncertainties associated with estimation techniques, and whether it is possible or desirable to develop a consistent risk assessment methodology or a consistent standard of acceptable risk for various federal programs.

Lamuro, R.J.

1992-09-30

401

I-Risk: development of an integrated technical and management risk methodology for chemical installations  

Microsoft Academic Search

This paper presents an integrated quantitative risk assessment method for hazardous installations, taking into account management as well as technical design and producing risk level measures. The key components of the I-Risk methodology are the technical model, the management model and their interface. The technical model consists of developing a master logic diagram (MLD) delineating the major immediate causes of

I. A. Papazoglou; L. J. Bellamy; A. R. Hale; O. N. Aneziris; B. J. M. Ale; J. G. Post; J. I. H. Oh

2003-01-01

402

12 CFR 615.5181 - Bank interest rate risk management program.  

Code of Federal Regulations, 2010 CFR

...2010-01-01 false Bank interest rate risk management program...Management § 615.5181 Bank interest rate risk management program...agricultural credit bank is responsible for...effective oversight to the interest rate risk management...

2010-01-01

403

12 CFR 615.5181 - Bank interest rate risk management program.  

Code of Federal Regulations, 2010 CFR

...2009-01-01 false Bank interest rate risk management program...Management § 615.5181 Bank interest rate risk management program...agricultural credit bank is responsible for...effective oversight to the interest rate risk management...

2009-01-01

404

Operational Risk Management 1996 Papers and Presentations. Topical Report, January-December 1996.  

National Technical Information Service (NTIS)

Table of Contents: Status of Natural Gas Pipeline Risk Management in Canada and Europe; Approaches to Accidental Release Risk Management for Flammable Substancs; U.S. Approach to Risk Management for Natural Gas Pipelines; Management System Approaches for ...

R. M. Cowgill G. B. DeWolf M. R. Harrison K. Leewis B. J. Selig T. M. Shires T. L. Willke

1997-01-01

405

A secondstep in development of a checklist for screening risk for violence in acute psychiatric patients: evaluation of interrater reliability of the Preliminary Scheme 33.  

PubMed

The Acute Project is a research project conducted on acute psychiatric admission wards in Norway. The objective is to develop and validate a structured, easy-to-use screening checklist for assessment of risk for violence in patients both during their stay in the ward and after discharge. The Preliminary Scheme 33 is a 33-item screening checklist with content domain inspired by the Historical-Clinical-Risk Management Scheme (HCR-20), the Brøset Violence Checklist, and eight risk factors extracted from the literature on risk assessment. The Preliminary Scheme 33 was designed and tested in two steps by a research group which includes the authors. The common aim of both steps was to develop this into a time economical, reliable, and valid checklist. In the first step in 2006 the predictive validity of the individual items was tested. The present work presents results from the second step, a study conducted to assess the interrater reliability of the 33 items. Eight clinicians working in an acute psychiatric unit volunteered to be raters and were trained to score the 33 items on a three-point scale in relation to 15 clinical vignettes, which contained information from 15 acute psychiatric patients' files. Analysis showed high interrater reliability for the total score with an intraclass correlation coefficient (ICC) of .86 (95% CI: 0.74-0.94). However, a substantial proportion of the items had medium to low ICCs. Consequences of this finding for further development of these items into a brief screen are discussed. PMID:18361131

Bjørkly, Stål; Moger, Tron A

2007-12-01

406

Managing Risks in Distributed Software Projects: An Integrative Framework  

Microsoft Academic Search

Software projects are increasingly geographically distributed with limited face-to-face interaction between participants. These projects face particular challenges that need careful managerial attention. While risk management has been adopted with success to address other challenges within software development, there are currently no frameworks available for managing risks related to geographical distribution. On this background, we systematically review the literature on geographically

John Stouby Persson; Lars Mathiassen; Jesper Boeg; Thomas Stenskrog Madsen; Flemming Steinson

2009-01-01

407

Dilemmas in the Community Risk Management of Sexually Offensive Behaviour.  

ERIC Educational Resources Information Center

A study analyzed attribution statements of six community workers who provide risk management for men with mental retardation who sexually offend. Results highlight the effort participants made to obtain sufficient information. They focused on external factors for most effective risk management, but other staff undermined their confidence.…

Robertson, John; Clegg, Jennifer

2002-01-01

408

Service, investment, and risk management performance in commercial banks  

Microsoft Academic Search

This article characterizes the production process of commercial banks as three components:service activities, investment-related activities, and risk management activities, and assesses performance for these components, including service efficiency, investment efficiency, and risk management efficiency. With data from 36 Taiwanese commercial banks in the fiscal year 2009, we demonstrated how all the efficiency indices can be estimated. The major empirical findings

Chih-Ching Yang

2012-01-01

409

The research of copula theoryin in financial risk management  

Microsoft Academic Search

Copulas are extremely versatile, and can be used as an analytical tool in a broad range of financial situations such as risk estimation, credit modeling, pricing derivatives, and portfolio management. The literature on copula is mostly devoted to probabilistic theory, to inference methods or to applications in financial risk management. The thesis presents a combination of these three aspects.

Wen-Yi Chai; Yu Zhu; Zhi-Qiang Hou

2008-01-01

410

The Application of Component Technology in Financial Risk Management Domain  

Microsoft Academic Search

Risk management is an eternal topic in financial domain. In the foundation of analysis financial risk management business, this article proposed the component development model based on component-oriented technology. This model can resolve questions of component's internal structure and organization, guarantee good functional division of responsibilities and separation of concerns, guarantee that component has good scalability, as well as on-demand

Huiyan Qi; Jianping Cheng; Yan Zhang

2010-01-01

411

Is ALARP applicable to the management of terrorist risks?  

Microsoft Academic Search

In this paper, we discuss the applicability of the as low as reasonable practicable (ALARP) principle to terrorist risk management. ALARP is a commonly used framework for managing risk due to non-intelligent threats, but terrorism introduces difficult issues, both technically and socially. In particular, the probability of a terrorist attack is difficult to define, terrorist threats are adaptive, and some

S. D. Guikema; T. Aven

2010-01-01

412

How procurement options influence risk management in construction projects  

Microsoft Academic Search

Before proceeding with a project, a client has to choose an appropriate procurement option that facilitates an effective project organization in general and a thorough risk management process in particular. By identifying three procurement variables that have a major influence on risk management: project delivery method, form of payment, and use of collaboration or partnering arrangements, the effect of each

Ekaterina Osipova; Per Erik Eriksson

2011-01-01

413

Ontology-Based Decision Support for Information Security Risk Management  

Microsoft Academic Search

As e-Business and e-Commerce applications are increasingly exposed to a variety of information security threats, corporate decision makers are increasingly forced to pay attention to security issues. Risk management provides an effective approach for measuring the security but existing risk management approaches come with major shortcomings such as the demand for very detailed knowledge about the IT security domain and

Andreas Ekelhart; Stefan Fenz; Thomas Neubauer

2009-01-01

414

Rethinking 'risk' and self-management for chronic illness  

PubMed Central

Self-management for chronic illness is a current high profile UK healthcare policy. Policy and clinical recommendations relating to chronic illnesses are framed within a language of lifestyle risk management. This article argues the enactment of risk within current UK self-management policy is intimately related to neo-liberal ideology and is geared towards population governance. The approach that dominates policy perspectives to ‘risk' management is critiqued for positioning people as rational subjects who calculate risk probabilities and act upon them. Furthermore this perspective fails to understand the lay person's construction and enactment of risk, their agenda and contextual needs when living with chronic illness. Of everyday relevance to lay people is the management of risk and uncertainty relating to social roles and obligations, the emotions involved when encountering the risk and uncertainty in chronic illness, and the challenges posed by social structural factors and social environments that have to be managed. Thus, clinical enactments of self-management policy would benefit from taking a more holistic view to patient need and seek to avoid solely communicating lifestyle risk factors to be self-managed.

Morden, Andrew; Jinks, Clare; Ong, Bie Nio

2012-01-01

415

A solution to support risk analysis on IT Change Management  

Microsoft Academic Search

The growing necessity of organizations in using technologies to support to their operations implies that managing IT resources became a mission-critical issue for the health of the primary companies' businesses. Thus, in order to minimize problems in the IT infrastructure, possibly affecting the daily business operations, risks intrinsic to the change process have to be analyzed and assessed. Risk management

Juliano Araujo Wickboldt; Guilherme Sperb Machado; Weverton Luis da Costa Cordeiro; Roben Castagna Lunardi; Alan Diego dos Santos; Fabrício Girardi Andreis; Cristiano Bonato Both; Lisandro Zambenedetti Granville; Luciano Paschoal Gaspary; Claudio Bartolini; David Trastour

2009-01-01

416

Management of Foreign Exchange Risk: A Review Article  

Microsoft Academic Search

This paper reviews the literature on Foreign Exchange Risk Management (FERM) which has burgeoned during the last decade. Scholars' and practioners' emerging interest in Foreign Exchange Risk Management was spurred by the advent of fluctuating exchange rates in the early seventies as well as by the pronouncement of the infamous FASB Statement No. 8 in 1976 which laid down unambiguous

Laurent L Jacque

417

Management of Foreign Exchange Risk: A Review Article  

Microsoft Academic Search

This paper reviews the literature on Foreign Exchange Risk Management (FERM) which has burgeoned during the last decade. Scholars' and practioners' emerging interest in Foreign Exchange Risk Management was spurred by the advent of fluctuating exchange rates in the early seventies as well as by the pronouncement of the infamous FASB Statement No. 8 in 1976 which laid down unambiguous

Laurent L. Jacque

1981-01-01

418

Managing Risks on Critical IT Systems in Public Service Organizations  

Microsoft Academic Search

Public service organizations rely on IT systems to fulfill their missions. IT incidents are more and more frequent and the impacts of IT incidents on the organizations are getting more severe. There is a strong need to manage risks on service related IT systems in public service organizations. Risk management process practiced in software development companies cannot be used in

Yeni Yuqin Li Helgesson

2009-01-01

419

Risk-based approach to plant life management  

Microsoft Academic Search

The growing interest in risk-based management is driven by the need of developing strategies that lead to an optimal safety versus cost balance. The general philosophy behind risk-based management is briefly described here and discussed. It is formally shown that the core damage frequency can be factored into a system (PSA) part and component failure frequency part. Some of the

F. Nilsson

2003-01-01

420

A conceptual planning tool for mountain hazard and risk management  

Microsoft Academic Search

Following the premises of integral risk management, comprehensive mitigation concepts have to be elaborated in a structured manner aiming to fulfil the requirements of effectiveness and efficiency. In order to achieve the optimal protection level against hazard processes, the planning process has to follow distinct guidelines that allow for a consistent management process. Thereby, the necessities of efficient risk reduction

Bruno Mazzorana; Sven Fuchs

2010-01-01

421

Integrating disaster risk management into construction: a UK perspective  

Microsoft Academic Search

Although most disasters are not entirely unexpected and therefore can, to varying degrees, be mitigated for, the UK construction sector does not play a sufficiently integrated role in disaster risk management. Research is reported on the development of a knowledge database and decision support framework to enable more effective disaster risk-management strategies from a construction perspective. A survey of UK

Lee Bosher; Andrew Dainty; Patricia Carrillo; Jacqueline Glass; Andrew Price

2007-01-01

422

Developing a Risk Management DSS for Supporting Sustainable Vietnamese Catfish Farming  

Microsoft Academic Search

The development of a prototype DSS, named Fish@Risk, for risk management in Vietnamese catfish farming is detailed in this paper. The prototype enables aquaculture farmers to manage risks in catfish farming systematically and efficiently. It facilitates risk analysis, risk evaluation and prioritization, and selection of the most efficient risk management strategies for mitigating risks. Fish@Risk has three main components, a

Tru Cong Le; France Cheong; Christopher Cheong

2012-01-01

423

Uncertainty Quantification in the Reliability and Risk Assessment of Generation IV Reactors: Final Scientific/Technical Report  

SciTech Connect

The project entitled, “Uncertainty Quantification in the Reliability and Risk Assessment of Generation IV Reactors”, was conducted as a DOE NERI project collaboration between Texas A&M University and The Ohio State University between March 2006 and June 2009. The overall goal of the proposed project was to develop practical approaches and tools by which dynamic reliability and risk assessment techniques can be used to augment the uncertainty quantification process in probabilistic risk assessment (PRA) methods and PRA applications for Generation IV reactors. This report is the Final Scientific/Technical Report summarizing the project.

Vierow, Karen; Aldemir, Tunc

2009-09-10

424

Aquatic models, genomics and chemical risk management.  

PubMed

The 5th Aquatic Animal Models for Human Disease meeting follows four previous meetings (Nairn et al., 2001; Schmale, 2004; Schmale et al., 2007; Hinton et al., 2009) in which advances in aquatic animal models for human disease research were reported, and community discussion of future direction was pursued. At this meeting, discussion at a workshop entitled Bioinformatics and Computational Biology with Web-based Resources (20 September 2010) led to an important conclusion: Aquatic model research using feral and experimental fish, in combination with web-based access to annotated anatomical atlases and toxicological databases, yields data that advance our understanding of human gene function, and can be used to facilitate environmental management and drug development. We propose here that the effects of genes and environment are best appreciated within an anatomical context - the specifically affected cells and organs in the whole animal. We envision the use of automated, whole-animal imaging at cellular resolution and computational morphometry facilitated by high-performance computing and automated entry into toxicological databases, as anchors for genetic and toxicological data, and as connectors between human and model system data. These principles should be applied to both laboratory and feral fish populations, which have been virtually irreplaceable sentinals for environmental contamination that results in human morbidity and mortality. We conclude that automation, database generation, and web-based accessibility, facilitated by genomic/transcriptomic data and high-performance and cloud computing, will potentiate the unique and potentially key roles that aquatic models play in advancing systems biology, drug development, and environmental risk management. PMID:21763781

Cheng, Keith C; Hinton, David E; Mattingly, Carolyn J; Planchart, Antonio

2011-06-28

425

Use of risk management concepts in law enforcement settings  

NASA Astrophysics Data System (ADS)

Most senior police officials are competent when it comes to assessing and managing physical risk during the course of law enforcement activities. Some even have aptitude for managing sociopolitical risks, but they are much rarer and are usually found in larger departments, which can afford to send senior officers to public speaking and media-management courses. There are tools that can be adapted from industrial safety to aid in managing sociopolitical risks in law enforcement activities. One such tool is the HAZards and OPerability Study (HAZOPS)tool1. This tool is basically a systemic method of performing 'what if' studies. This tool, and some others, are described in this paper.

Schurmann, Donald L.

1999-01-01

426

Effects of demand side management on power system reliability: A case study of Thailand  

NASA Astrophysics Data System (ADS)

This dissertation analyzes the potential effects of demand-side management (DSM) resources on power system reliability. A probabilistic reliability calculation framework is developed for including uncertainty and other reliability-related characteristics of DSM programs. DSM uncertainty is modeled by combining probability distribution uncertainty elements including participation rates, savings per units, free rider effects, snapback effects, and hours of operation. On the supply side, both uncertainties in operational performances and project construction are included. Predictive logit models are developed to estimate the delay probability of future power projects. The reliability calculation algorithm is a modified version of the Large Deviation method that has been proven to provide accurate capacity outage probabilities. The methodology is applied to a case study of Electricity Generation Authority of Thailand (EGAT), who is responsible for 94% of the country's total power generation. The case study results have shown that the effects of DSM uncertainty are comparable to those of a typical power plant. The DSM resources also increase the robustness of the power system under economic and load growth uncertainty. Planning implications and future research are also discussed.

Sinsukprasert, Prasert

427

Organism impact assessment: risk analysis for post-incursion management  

Microsoft Academic Search

Campbell, M. L. 2008. Organism impact assessment: risk analysis for post-incursion management. - ICES Journal of Marine Science, 65: 795-804. Risk analysis is a management tool that is becoming increasingly common in biosecurity because it aids decision-making in the face of uncertainty. A risk analysis model (referred to as an organism impact assessment (OIA)) is described, one that was developed

Marnie L. Campbell

2008-01-01

428

Planning effort as an effective risk management tool  

Microsoft Academic Search

In project management, high levels of risk are considered to be a significant obstacle for project success. This paper investigates whether improving the project plan can lead to improved success for high-risk projects. A quality of planning index was designed to explore how the presence of high risk affects the quality of planning and project success. The index includes managerial

Ofer Zwikael; Arik Sadeh

2007-01-01

429

The Intersection of Pensions and Enterprise Risk Management  

Microsoft Academic Search

For most of the last forty years, corporate defined benefit pension plan assets have been managed to balance risk versus reward in more or less the same way that a risk averse individual would do with his own portfolio. Recently liability cognizant strategies have been developed, but these also attempt to balance risks and rewards. But pension plans are not

Jeremy Gold

430

EXTREME VALUE THEORY AS A RISK MANAGEMENT TOOL  

Microsoft Academic Search

The financial industry, including banking and insurance, is undergoing major changes. The (re)insurance industry is increasingly exposed to catastrophic losses for which the requested cover is only just available. An increasing complexity of financial instruments calls for sophisticated risk management tools. The securitization of risk and alternative risk transfer highlight the conver- gence of finance and insurance at the product

Paul Embrechts; Sidney I. Resnick; Gennady Samorodnitsky

1998-01-01

431

Risk Management Implications of NUREG-1150: Methods and Results.  

National Technical Information Service (NTIS)

The report describes the potential uses of NUREG-1150 and similar Probabilistic Risk Assessments (PRAs) in NRC and industry risk management programs. NUREG-1150 uses state-of-the-art PRA techniques to estimate the risk from five nuclear power plants. The ...

A. L. Camp K. J. Maloney T. T. Sype

1989-01-01

432

Justification of NEO impact mitigation activities by risk management  

Microsoft Academic Search

The possibility of impacts of near-Earth objects (NEOs) on Earth is a typical high-consequence and low-probability risk. The relevance of this threat is often unrecognised by governments and therefore proposals for activities on NEO impact mitigation are frequently rejected. The Risk Management approach clearly categorises this risk as a \\

C. Gritzner; S. Fasoulas

2002-01-01

433

Large engineering project risk management using a Bayesian belief network  

Microsoft Academic Search

This paper presents a scheme for large engineering project risk management using a Bayesian belief network and applies it to the Korean shipbuilding industry. Twenty-six different risks were deduced from expert interviews and a literature review. A survey analysis was conducted on 252 experts from 11 major Korean shipbuilding companies in April 2007. The overall major risks were design change,

Eunchang Lee; Jong Gye Shin

2009-01-01

434

You Only Die Once: Managing Discrete Interdependent Risks  

Microsoft Academic Search

This paper extends our earlier analysis of interdependent security issues to a general class of problems involving discrete interdependent risks with heterogeneous agents. There is a threat of an event that can only happen once, and the risk depends on actions taken by others. Any agent's incentive to invest in managing the risk depends on the actions of others. Security

Geoffrey M. Heal; Howard C. Kunreuther

2003-01-01

435

The role of organization and culture in risk management  

Microsoft Academic Search

Technology-based organizations recognize that risk is an inherent element of their business. The challenge for managers is to determine an approach to risk that balances operational requirements with safety policies and regulations. The consequences of a safety approach that is not rigorous enough can be serious. Yet, attempting to achieve a totally risk-free operation literally can preclude much of the

1992-01-01

436

Knowledge management technology for organized crime risk assessment  

Microsoft Academic Search

Information and communication technology is applied by law enforcement agencies in intelligence and investigation work. Assessment\\u000a of risk caused by criminal gangs is an example of risk and technology in policing. This paper applies the knowledge management\\u000a technology stage model to criminal risk assessment.

Petter Gottschalk

2010-01-01

437

Dream project: Applications of earth observations to disaster risk management  

NASA Astrophysics Data System (ADS)

The field of disaster risk management is relatively new and takes a structured approach to managing uncertainty related to the threat of natural and man-made disasters. Disaster risk management consists primarily of risk assessment and the development of strategies to mitigate disaster risk. This paper will discuss how increasing both Earth observation data and information technology capabilities can contribute to disaster risk management, particularly in Belize. The paper presents the results and recommendations of a project conducted by an international and interdisciplinary team of experts at the 2009 session of the International Space University in NASA Ames Research Center (California, USA). The aim is to explore the combination of current, planned and potential space-aided, airborne, and ground-based Earth observation tools, the emergence of powerful new web-based and mobile data management tools, and how this combination can support and improve the emerging field of disaster risk management. The starting point of the project was the World Bank's Comprehensive Approach to Probabilistic Risk Assessment (CAPRA) program, focused in Central America. This program was used as a test bed to analyze current space technologies used in risk management and develop new strategies and tools to be applied in other regions around the world.

Dyke, G.; Gill, S.; Davies, R.; Betorz, F.; Andalsvik, Y.; Cackler, J.; Dos Santos, W.; Dunlop, K.; Ferreira, I.; Kebe, F.; Lamboglia, E.; Matsubara, Y.; Nikolaidis, V.; Ostoja-Starzewski, S.; Sakita, M.; Verstappen, N.

2011-01-01

438

Risk management in facility transition and management decision making: Needs and opportunities  

SciTech Connect

An overall approach to risk management is described in this paper. Many of these concepts have been developed and applied as part of Hanford Mission Planning (HMP) (Hanford Mission Plan, 1992). At Hanford, HMP provides a mechanism for integrating planning across all the missions and programs of the site. This paper discusses the decision context within which EM must make and defend decisions, the types of decisions that are being and will need to be made in order to progress with the cleanup of the DOE complex, and the resulting need for risk management. Risk management, in turn, requires quality health and ecological risk information to make these decisions. Other types of information are also needed, but the risk information is typically the most important and the most difficult to obtain. The paper then describes a general technical approach to risk management, including particular methods for developing the high quality of human health and ecological risk information that will be needed to support risk management. We next turn to several special issues that make risk management more complex than many other decisions. We discuss these issues and offer some practical suggestions with respect to addressing them in the risk management framework. Finally, we conclude with some discussion of other opportunities for applying risk management.

Stillwell, W.; Seaver, D.; Keller, J. [Pacific Northwest Lab., Richland, WA (United States); Smith, D. [USDOE, Washington, DC (United States); Weaver, D.; Sanders, T. [Sandia National Labs., Albuquerque, NM (United States); Thullen, P. [Los Alamos National Lab., NM (United States)

1993-02-01

439

Management of the geomagnetically induced current risks on the national grid company's electric power transmission system  

NASA Astrophysics Data System (ADS)

The National Grid Company plc (NGC) is the owner and operator of one of the world's largest privatised high-voltage electric power transmission systems in England and Wales at 400 and 275kV. As owner operator it is responsible for the secure and reliable delivery of electrical energy to all the 25 million electricity supply customers in England and Wales. The transmission and distribution systems in UK have experienced significant effects during past geomagnetic storm events especially during solar cycles 21 and 22. These effects included generator reactive power output swings, voltage dips, negative sequence alarms and transformer failures. Geomagnetically induced current (GIC) monitoring was installed in 1989 and operational procedures were put in place based on global solar weather forecasts. These measures were not capable of delivering reliable information and thus gave many false operational alarms. Their only real use was for post event forensic purposes. Since the cycle 22 solar peak activity the UK transmission system has developed to become more meshed, heavily loaded and dependent on the availability of reactive compensation equipment for voltage control. NGC carried out GIC impact risk assessment in 1998. This reviewed available options for managing this risk including investigation of blocking measures, a reliable local GIC forecast, GIC monitoring, a review of transmission equipment capabilities to withstand GIC conditions and operational procedures to manage the risk. As a result of the risk assessment NGC completed installation of a Metatech Spacecast/Powercast space weather forecasting system in May 1999. EPRI Sunburst 2000 based transformer monitoring systems were fully integrated in January 2000 in time for peak solar storm activity in solar cycle 23. This paper will describe the risk analysis undertaken, the risk management processes put in place and the performance of the forecasting and monitoring systems, respectively.

Erinmez, I. Arslan; Kappenman, John G.; Radasky, William A.

2002-03-01

440

Risk Management Practices: Cross-Agency Comparisons with Minerals Management Service  

Microsoft Academic Search

This paper reviews implementation of the risk management frameworks used by eight federal and foreign agencies—including the Minerals Management Service (MMS, now the Bureau of Ocean Energy Management, Regulation, and Enforcement, or BOEMRE)—and summarizes the features of a robust tolerable risk (TR) framework. A TR framework conceptually breaks risk into three categories—acceptable, unacceptable, and tolerable—separated by numerical boundaries. Most of

Lynn Scarlett; Igor Linkov; Carolyn Kousky

2011-01-01

441

Risk management for IEC 60601-1 third edition.  

PubMed

With the examples above we have demonstrated for our selected topics that our device meets the risk management requirements of 60601-1. An expansion of the tables to include all of the risk management requirements would be useful to identify how the manufacturer has met all of the risk management requirements of the standard. By setting up a file system under the manufacturer's quality system that meets the requirements of the 14971 risk management standard, the manufacturer will be able to effectively demonstrate compliance with a number of applicable standards, including 60601-1, and also be able to demonstrate the device meets FDA product safety requirements. The file system would also be useful in creating the technical file for the MDD. A risk management summary table similar to the one recommended by the GHTF will assist the manufacturer in tracking the documentation required to support this effort. A list of the hazards identified for the product is contained in the summary table and the summary table will also aid in determining if all of the required steps in the risk management process have been completed for each hazard. This table will become an important record in the risk management file. PMID:17078374

Bills, Edwin

442

Major Management Challenges and Program Risks: Federal Emergency Management Agency. Performance and Accountablity Series (January 2003).  

National Technical Information Service (NTIS)

This report addresses the major management challenges and program risks facing the Federal Emergency Management Agency (FEMA) as it works to carry out its missions, which range from hazard mitigation to disaster response coordination. It is part of a spec...

2003-01-01

443

An Internet-Based Tool for Weather Risk Management  

Microsoft Academic Search

This paper introduces a web-based computer program designed to evaluate weather risk man-agement and weather insurance in the United States. The paper outlines the economics of weather risk in terms of agricultural production and household well-being; defines weather risk in terms of intensity, duration, and frequency; and illustrates the computer program use by comparing heat and precipitation risks at Ardmore,

Calum G. Turvey; Michael Norton

2008-01-01

444

Extreme Value Theory for Risk Managers  

Microsoft Academic Search

We provide an overview of the role of extreme value theory (EVT) in risk man- agement (RM), as a method for modelling and measuring extreme risks. We con- centrate on the peaks-over-threshold (POT) model and emphasize the generality of this approach. Wherever the tail of a loss distribution is of interest, whether for market, credit, operational or insurance risks, the

Alexander J. McNeil

1999-01-01

445

Q methodology, risk training and quality management  

Microsoft Academic Search

The results of a Q methodological study of professional understandings of the notion of risk in mental health services within the UK are discussed in relation to the relevance for staff training and quality assurance. The study attempted to access the diversity of understandings of risk issues amongst a multi-professional group of staff (n = 60) attending inter-agency risk training

Mick McKeown; Martin Hinks; Mark Stowell-Smith; Dave Mercer; Joe Forster

1999-01-01

446

The role of risk perception for risk management  

Microsoft Academic Search

Are risks social constructions of different societal actors that can be checked at best against standards of consistency, cohesion and internal conventions of deduction, but cannot claim any validity outside of the actor's logical framework? Or are technical estimates of risk representations of real hazards that can and will affect people as predicted by the statistical values, regardless of the

Ortwin Renn

1998-01-01

447

Energy risk management and value at risk modeling  

Microsoft Academic Search

The value of energy trades can change over time with market conditions and underlying price variables. The rise of competition and deregulation in energy markets has led to relatively free energy markets that are characterized by high price shifts. Within oil markets the volatile oil price environment after OPEC agreements in the 1970s requires a risk quantification.” Value-at-risk” has become

Mehdi Sadeghi; Saeed Shavvalpour

2006-01-01

448

Viewpoint Energy risk management and value at risk modeling  

Microsoft Academic Search

The value of energy trades can change over time with market conditions and underlying price variables. The rise of competition and deregulation in energy markets has led to relatively free energy markets that are characterized by high price shifts. Within oil markets the volatile oil price environment after OPEC agreements in the 1970s requires a risk quantification.'' Value-at-risk'' has become

Mehdi Sadeghi; Saeed Shavvalpour

449

Integrated Waste Treatment Unit GFSI Risk Management Plan  

SciTech Connect

This GFSI Risk Management Plan (RMP) describes the strategy for assessing and managing project risks for the Integrated Waste Treatment Unit (IWTU) that are specifically within the control and purview of the U.S. Department of Energy (DOE), and identifies the risks that formed the basis for the DOE contingency included in the performance baseline. DOE-held contingency is required to cover cost and schedule impacts of DOE activities. Prior to approval of the performance baseline (Critical Decision-2) project cost contingency was evaluated during a joint meeting of the Contractor Management Team and the Integrated Project Team for both contractor and DOE risks to schedule and cost. At that time, the contractor cost and schedule risk value was $41.3M and the DOE cost and schedule risk contingency value is $39.0M. The contractor cost and schedule risk value of $41.3M was retained in the performance baseline as the contractor's management reserve for risk contingency. The DOE cost and schedule risk value of $39.0M has been retained in the performance baseline as the DOE Contingency. The performance baseline for the project was approved in December 2006 (Garman 2006). The project will continue to manage to the performance baseline and change control thresholds identified in PLN-1963, ''Idaho Cleanup Project Sodium-Bearing Waste Treatment Project Execution Plan'' (PEP).

W. A. Owca

2007-06-21

450

Flood Risk Perception and Communication within Risk Management in Different Cultural Contexts  

Microsoft Academic Search

Preparedness, early warning, and emergency management all contribute to flood risk mitigation and are closely linked to risk perception and communication. Risk perception and communication of decision-makers considerably influence their approach to risk mitigation strategies and therefore have a great impact on institu- tional coping capacity and\\/or vulnerability. This PhD dissertation investigates flood risk perception and communication amongst key institutional

Xiaomeng Shen

451

Optimal Asset Allocation and Risk Shifting in Money Management  

Microsoft Academic Search

Money managers are rewarded for increasing the value of assets under management, and predominantly so in the mutual fund industry. This gives the manager an implicit incentive to exploit the well-documented positive fund-flows to relative-performance relationship by manipulating her risk exposure. In a dynamic portfolio choice framework, we show that the ensuing convexities in the manager's objective give rise to

Suleyman Basak; Anna Pavlova; Alex Shapiro

2006-01-01

452

Effectively Managing Nuclear Risk Through Human Performance Improvement  

SciTech Connect

The U.S. commercial nuclear industry has just completed an outstanding decade of plant performance. Safety levels and electric production are at unprecedented high levels and continue to exceed even high industry goals. Nuclear energy continues to keep the highest priority on performance improvement programs and highly trained and qualified people that maintain its record setting safety and reliability of operations. While the industry has maintained a high level of performance, the advent of deregulation and the consolidation of nuclear power plant ownership, as well as the current climate for concern about both rising energy costs and the availability of power, have raised the standard for nuclear energy's level of competitiveness in today's market place. The resulting challenge is how to more effectively manage risk and to improve performance even further in a generally high-performing industry. One of the most effective ways to develop this culture is to apply the principles of Hum an Performance Technology, or HPT. HPT is a relatively new field. Its principles are derived from the research and practice of behavioral and cognitive psychologists, instructional technologists, training designers, organizational developers, and various human resource specialists. Using the principles of HPT can help the nuclear industry successfully meet ever-changing environmental and business demands.

Coe, Richard [Richard Stockton College of New Jersey, Somers Point, NJ (US); Lake, Patricia [Louisiana Pacific Corporation, Portland, OR (US)

2003-09-01

453

A risk management model for environmental remediation projects  

SciTech Connect

This research provides a decision aid which assists owners in the process of risk management for environmental remediation projects involving contaminated soil. The research assumes some remediation technology has been selected or is the most likely to be selected. It also assumes the owner of the site must cleanup the site per existing environmental regulations. Using a model derived from Robert Charette`s work on risk management in the software industry, an estimate and evaluation is performed for organizational, public exposure, remediation alternative and cost risks. Given a certain threshold from this evaluation, the owner should either accept or transfer the risks. If the risks are accepted, the model suggests certain mitigation techniques which are known to assist with risk reduction. If risks are transferred, the model suggests idealized transfer measures. The model was validated by feeding project data from thirteen {open_quotes}typical{close_quotes} remediation projects requiring the relatively higher risk of subsurface contamination. Data supported the hypothesis that risk evaluation on a subsurface remediation project is directly related to the modeled risk planning and control procedures. The model provides owners an easy-to-use methodology for planning risk management for the stated risk categories. Personnel from four different owners used the model and noted the model is a useful planning tool for an owner who is facing an environmental remediation project. However, it is not a thoughtless panacea for all problems associated with remediation projects.

Koch, J.E.

1993-12-31

454

Explicit risk in acute coronary syndrome management  

PubMed Central

At least implicitly, most clinical decisions represent an integration of disease and treatment-based risk assessments. Often, as is the case with acute coronary syndrome (ACS), these decisions need to be made quickly at a time when data elements are limited, and published risk models are very useful in clarifying time-dependent determinants of risk. The present review emphasizes the value of explicit risk assessment and reinforces the fact that patients at highest risk are often those most likely to benefit from newer and more invasive therapies. Suggested ways to incorporate published ACS risk models into clinical practice are included. In addition, the need to adopt a longer-term view of risk in ACS patients is stressed, with particular regard to the important role of heart failure prediction and treatment.

Knudtson, Merril L; Norris, Colleen M; Galbraith, P Diane; Hubacek, Jaro; Ghali, William A

2009-01-01

455

12 CFR 652.15 - Interest rate risk management and requirements.  

Code of Federal Regulations, 2010 CFR

...2009-01-01 false Interest rate risk management and requirements. 652.15... § 652.15 Interest rate risk management and requirements. (a...supervision) to the interest rate risk management program and must be...

2009-01-01

456

12 CFR 652.15 - Interest rate risk management and requirements.  

Code of Federal Regulations, 2010 CFR

...2010-01-01 false Interest rate risk management and requirements. 652.15... § 652.15 Interest rate risk management and requirements. (a...supervision) to the interest rate risk management program and must be...

2010-01-01

457

USING BIOASSAYS TO EVALUATE THE PERFORMANCE OF EDC RISK MANAGEMENT METHODS  

EPA Science Inventory

In Superfund risk management research, the performance of risk management techniques is typically evaluated by measuring "the concentrations of the chemicals of concern before and after risk management efforts. However, using bioassays and chemical data provides a more robust und...

458

12 CFR 615.5181 - Bank interest rate risk management program.  

Code of Federal Regulations, 2013 CFR

...2013-01-01 false Bank interest rate risk management program. 615.5181 Section...AND OPERATIONS, AND FUNDING OPERATIONS Risk Assessment and Management § 615.5181 Bank interest rate risk management program. (a) The...

2013-01-01

459

12 CFR 615.5180 - Interest rate risk management by banks-general.  

Code of Federal Regulations, 2013 CFR

... 2013-01-01 false Interest rate risk management by banks-general. 615.5180...AND OPERATIONS, AND FUNDING OPERATIONS Risk Assessment and Management § 615.5180 Interest rate risk management by banksâgeneral....

2013-01-01

460

Performance and reliability of the CPB/ECMO Initiative Forward Lines Casualty Management System.  

PubMed

The Cleveland Clinic Foundation CPB/ECMO Initiative Forward Casualty Management System is an economical, compact, transportable, disposable system designed to permit a rapid expansion of trauma management services requiring cardiopulmonary bypass (CPB) or extracorporeal membrane oxygenation (ECMO) pulmonary support. The system, composed of a rotary blood pump, a pump motor driver, and an electronic control console as the blood pumping subsystem, also includes commonly used compatible commercial oxygenators, venous reservoirs, and cannulae. In vitro durability testing accumulated over 100 hours without failure. In vivo reliability was tested in 10 calves under general anesthesia during 6 hours of CPB and ECMO under full heparinization at nominal operating conditions of 4-5 l/min and 2-4 l/min blood flow respectively, and mean arterial pressures between 65 and 100 mm Hg. A mean time to failure of 57 hours was reached during the animal series. Results of these test series demonstrated that this system has the capability to reliably operate during a 6-hour conventional CPB or ECMO procedure, while providing flexibility and ease of use for the operator. PMID:16340350

Casas, Fernando; Reeves, Andrew; Dudzinski, David; Weber, Stephan; Lorenz, Markus; Akiyama, Masatoshi; Kamohara, Keiji; Kopcak, Michael; Ootaki, Yoshio; Zahr, Firas; Sinkewich, Martin; Foster, Robert; Fukamachi, Kiyotaka; Smith, William A

461

Nanotechnology—Life-Cycle Risk Management  

Microsoft Academic Search

Scientists, risk practitioners, and regulators have debated the need to be proactive in assessing the potential health and environmental risks and benefits of unregulated nano-scale technologies. Many nanotech-based products and applications are already in use or development. Application of a proactive risk-based approach that considers the life cycle of the product, rather than a precautionary principle approach that would likely

Leonard Sweet; Bradford Strohm

2006-01-01

462

Problematizing "Risk" and the Principalship: The Risky Business of Managing Risk in Schools  

ERIC Educational Resources Information Center

|Over the past two decades, risk in education has stimulated increasing attention and prominence, with principals bearing responsibility and liability for "managing" risk in schools. As a consequence, compulsory risk compliance regimes have become increasingly complex, technical and time-consuming. This article focuses on the responses of…

Starr, Karen

2012-01-01

463

Problematizing "Risk" and the Principalship: The Risky Business of Managing Risk in Schools  

ERIC Educational Resources Information Center

Over the past two decades, risk in education has stimulated increasing attention and prominence, with principals bearing responsibility and liability for "managing" risk in schools. As a consequence, compulsory risk compliance regimes have become increasingly complex, technical and time-consuming. This article focuses on the responses of…

Starr, Karen

2012-01-01

464

National Ignition Facility Risk Management Plan, Revision 2  

SciTech Connect

The National Ignition Facility (NIF) Risk Management Plan (LLNL, 1997a) was originally prepared in 1997 in accordance with the Department of Energy (DOE) Life Cycle Asset Management Good Practice Guide (DOE, 1996a) and supported NIF Critical Decision 3, approval to initiate construction (DOE, 1997a). The plan was updated in 1998 to reflect realized risks such as the finding and successful clean up of polychlorinated biphenyl (PCB)-filled electrical capacitors at the NIF excavation during initial construction and the litigation of the Programmatic Environmental Impact Statement for Stockpile Stewardship (DOE, 1996b) by a group of non-governmental organizations led by the Natural Resources Defense Council. The current update of the Risk Management Plan brings it into compliance with the applicable DOE Orders and Standards and addresses new risks, such as assuring safety during the period when construction, special equipment installation, and commissioning are occurring simultaneously at the NIF site, and the extensive use of models to manage technical performance risk. The objectives of the updated plan are to: (1) Identify the risks to the completion of the Project in terms of meeting performance and regulatory requirements, ES&H, cost, and schedule; (2) Assess or the risks in terms of likelihood of occurrence and their impact potential relative to technical performance, ES&H, costs, and schedule; and (3) Address suitable risk mitigation measures for each identified risk.

Brereton, S J

2002-06-01

465

Risk Management on the National Compact Stellarator Project (NCSX)  

SciTech Connect

In its simplest form, risk management is a continuous assessment from project start to completion that identifies what can impact your project (i.e., what the risks are)., which of these risks are important, and identification and implementation of strategies to deal with these risks (both threats and opportunities). The National Compact Stellerator Experiment (NCSX) Project was a "first-of-a-kind" fusion experiment that was technically very challenging, primarily resulting from the complex component geometries and tight tolerances. Initial risk quantification approaches proved inadequate and contributed to the escalation of costs as the design evolved and construction started. After the Project was well into construction, a new risk management plan was adopted. This plan was based on successful Department of Energy (DOE) and industrial risk management precepts. This paper will address the importance of effective risk management processes and lessons learned. It is of note that a steady reduction of risk was observed in the last six months of the project.

Risk Management on the National Compact Stellarator Project (NCSX)

2009-02-06

466

Summary Minutes of the Drug Safety and Risk Management ...  

Center for Biologics Evaluation and Research (CBER)

Text Version1 Summary Minutes of the Drug Safety and Risk Management Advisory Committee Meeting December 12, 2012 Location: FDA White Oak Campus ... More results from www.fda.gov/downloads/advisorycommittees/committeesmeetingmaterials

467

EPA Needs to Manage Nanomaterial Risks More Effectively.  

National Technical Information Service (NTIS)

The purpose of this review was to determine how effectively the U.S. Environmental Protection Agency (EPA) is managing the human health and environmental risks of nanomaterials. Nanomaterials are currently used in a wide variety of applications, including...

2011-01-01

468

Managing Acquisition Risk by Applying Proven Best Practices.  

National Technical Information Service (NTIS)

Data analysis from recent acquisition program assessments has identified common characteristics of successful programs and supporting organizations. First and foremost, organizations with successful acquisition processes must embrace risk management throu...

C. Segura F. Doherty M. Evans

2005-01-01

469

[Risk management to control increased and more costly malpractice suits].  

PubMed

Considerable increase of premium for risk-insurance demands now risk management (RM) in German hospitals. RM is more than quality management and has other goals. The method we are using to analyse the risk in hospitals is given in detail. By this way we cover the main groups of potential personal damage of patients and reasons and fundamentals to sue the hospital. There is no total quality management (TQM) in hospitals without RM in the medical field. RM can be successful only with the awareness of medical and nursing staff for risks and liability claims. In our experience there is a lot of potential damages and sources of liability demands even in hospitals which seem to be well managed. PMID:9574274

Staib, I; Ulsenheimer, K; Martin, K

1997-01-01

470

Managing the Risks of Climate Change and Terrorism  

SciTech Connect

The article describes challenges to comparative risk assessment, a key approach for managing uncertainty in decision making, across diverse threats such as terrorism and climate change and argues new approaches will be particularly important in addressing decisions related to sustainability.

Rosa, Eugene; Dietz, Tom; Moss, Richard H.; Atran, Scott; Moser, Susanne

2012-04-07

471

Addressing Risk Management in Non-Developmental Items Acquisition Programs.  

National Technical Information Service (NTIS)

Nondevelopmental Items (NDI) acquisition programs are enjoying popular support as faster, cheaper alternatives to new start research and development programs. Unfortunately, DoD policy on risk management in NDI programs is lacking. In the new, less-restri...

M. R. Steves

1997-01-01

472

Urban Tree Risk Management:A Community Guide to Program ...  

Treesearch

Title: Urban Tree Risk Management:A Community Guide to Program Design and ... city foresters, parks and public works staff, and private tree care practitioners. ... A team of experts in urban forestry, plant pathology and forest health ...

473

Novel risk assessment techniques for maritime safety management system  

Microsoft Academic Search

Following a brief review of the current status of offshore safety regulations in the UK, several issues pertaining to the problems encountered in applying the existing reliability and safety analysis methods in quantitative safety appraisal studies, especially in the early concept design stage of maritime engineering products, are discussed. Presents three novel risk assessment and decision support frameworks. These include

How Sing Sii; Jin Wang; Tom Ruxton

2001-01-01

474

Application of Risk Management to the Production Chain of Intensively Reared Fish  

Microsoft Academic Search

Principles of risk management, as a part of risk analysis, are described with respect to their application to the production chain of intensively reared fish. According to the outcomes of the FAO\\/WHO Expert Consultation on the Application of Risk Management (Rome, 1997), there are four steps: risk evaluation, risk management option assessment, implementation of management decisions, and monitoring and review.

A. Giuffrida

2003-01-01

475

[Branch retinal vein occlusion: high time for cardiovascular risk management].  

PubMed

Cardiovascular risk management is common in patients suffering from manifest cardiovascular disease, hypertension, hyperlipidaemia and diabetes mellitus. It is generally accepted that medication is the most effective treatment for reducing cardiovascular morbidity and mortality in these patients. Remarkably, cardiovascular risk management is rare in patients suffering from branch retinal vein occlusion. This common retinal vascular disorder in middle aged and elderly people occurs where a thickened retinal artery compresses the affected vein. Although thrombosis is involved, procoagulant disorders are only present in selected cases. On the other hand, prior diabetes, hypertension, and peripheral artery disease are associated with an increased risk of developing branch retinal vein occlusion up to a decade later, and retinal vascular disorder is associated with an increased risk of subsequently developing hypertension, diabetes, congestive heart failure, and cerebrovascular disease later on. Therefore, branch retinal vein occlusion is a marker of developing cardiovascular disease and warrants adequate cardiovascular risk management. PMID:23693011

Bredie, Sebastian J H

2013-01-01

476

Development of Distribution System Reliability and Risk Analysis Models. Final Report.  

National Technical Information Service (NTIS)

The overall objectives of this research project were to: determine distribution reliability assessment methods currently used by the industry; develop a general outage reporting scheme suitable for a wide variety of distributing utilities (reliability mod...

J. E. D. Northcote-Green T. D. Vismor C. L. Brooks

1981-01-01

477

Advanced Test Reactor risk-based management system instruction manual  

SciTech Connect

This report documents the use of the risk-based management system (RBMS) developed for the Advanced Test Reactor. This RBMS has been implemented to apply the probabilistic risk assessment (PRA) models and results to day-to-day management, operations, maintenance, and engineering decisions. Descriptions of ongoing improvements to the PRA and to the RBMS tools and methodologies will be added to the manual as they are completed. 10 refs., 7 tabs.

Thatcher, T.A.

1991-01-01

478

Managing Security and Safety Risks in the Baltic Sea Region  

Microsoft Academic Search

The increasing complexity of the modern world poses risks to human and environmental safety, economic development, and, most\\u000a seriously of all, national and international security. These risks constitute a real and critical challenge for the national\\u000a governments and international bodies responsible for developing and implementing crisis management policies. Such policies\\u000a are defined here as the development of knowledge and management

Boris Porfiriev

479

Improving IT Change Management Processes with Automated Risk Assessment  

Microsoft Academic Search

The rational management of IT infrastructures is a goal of modern organizations that aim to deliver high quality services\\u000a to their customers in an affordable way. Since changes are imminent in such a dynamic environment, failures during this process\\u000a may directly affect business continuity. Hence, risk assessment is a key process in IT change management. Despite its importance,\\u000a risks are

Juliano Araujo Wickboldt; Luís Armando Bianchin; Roben Castagna Lunardi; Fabrício Girardi Andreis; Weverton Luis Da Costa Cordeiro; Cristiano Bonato Both; Lisandro Zambenedetti Granville; Luciano Paschoal Gaspary; David Trastour; Claudio Bartolini

2009-01-01

480

Advanced Test Reactor risk-based management system instruction manual  

Microsoft Academic Search

This report documents the use of the risk-based management system (RBMS) developed for the Advanced Test Reactor. This RBMS has been implemented to apply the probabilistic risk assessment (PRA) models and results to day-to-day management, operations, maintenance, and engineering decisions. Descriptions of ongoing improvements to the PRA and to the RBMS tools and methodologies will be added to the manual

Thatcher

1991-01-01

481

Chemical and radiation environmental risk management: differences, commonalities, and challenges.  

PubMed

Driven by differing statutory mandates and programmatic separation of regulatory responsibilities between federal, state, and tribal agencies, distinct chemical and radiation risk management strategies have evolved. In the field this separation poses real challenges since many of the major environmental risk management decisions we face today require the evaluation of both types of risks. Over the last decade, federal, state, and tribal agencies have continued to discuss their different approaches and explore areas where their activities could be harmonized. The current framework for managing public exposures to chemical carcinogens has been referred to as a "bottom up approach." Risk between 10(-4) and 10(-6) is established as an upper bound goal. In contrast, a "top down" approach that sets an upper bound dose limit and couples with site specific As Low As Reasonably Achievable Principle (ALARA), is in place to manage individual exposure to radiation. While radiation risk are typically managed on a cumulative basis, exposure to chemicals is generally managed on a chemical-by-chemical, medium-by-medium basis. There are also differences in the nature and size of sites where chemical and radiation contamination is found. Such differences result in divergent management concerns. In spite of these differences, there are several common and practical concerns among radiation and chemical risk managers. They include 1) the issue of cost for site redevelopment and long-term stewardship, 2) public acceptance and involvement, and 3) the need for flexible risk management framework to address the first two issues. This article attempts to synthesize key differences, opportunities for harmonization, and challenges ahead. PMID:10859777

Tran, N L; Locke, P A; Burke, T A

2000-04-01

482

Weathered Hydrocarbon Wastes: A Risk Management Primer  

Microsoft Academic Search

We provide a primer and critical review of the characterization, risk assessment, and bioremediation of weathered hydrocarbons. Historically the remediation of soil contaminated with petroleum hydrocarbons has been expressed in terms of reductions in total petroleum hydrocarbon (TPH) load rather than reductions in risk. There are several techniques by which petroleum hydrocarbons in soils can be characterized. Method development is

K. J. Brassington; R. L. Hough; G. I. Paton; K. T. Semple; G. C. Risdon; J. Crossley; I. Hay; K. Askari; S. J. T. Pollard

2007-01-01

483

Managing Dairy Profit Risk Using Weather Derivatives  

Microsoft Academic Search

Weather conditions are a primary source of dairy production risk. Hot and humid weather induces heat stress, which reduces lactation. Heat abatement, such as ventilation, directly affects the temperature and humidity. Abatement can increase expected profit, but cannot eliminate the lost revenue caused by heat stress. Weather derivatives can reduce weather-induced profit risk and act as a substitute for abatement

Gang Chen; Matthew C. Roberts; Cameron S. Thraen

2006-01-01

484

APPLICATION OF RISK MANAGEMENT PRACTICES TO NNSA TRITIUM READINESS SUBPROGRAM  

SciTech Connect

The National Nuclear Security Administration (NNSA), Office of Stockpile Technology (NNSA/NA-123) chartered a risk assessment of the Tritium Readiness (TR) Subprogram to identify risks and to develop handling strategies with specific action items that could be scheduled and tracked to completion in order to minimize program failures. This assessment was performed by a team of subject matter experts (SMEs) comprised of representatives from various organizations participating in the TR Subprogram. The process was coordinated by Savannah River Site, Systems Engineering (SRS/SE) with support from Subprogram Team. The Risk Management Process steps performed during this risk assessment were: Planning, Identification, Grading, Handling, and Impact Determination. All of the information captured during the risk assessment was recorded in a database. The team provided estimates for the cost and schedule impacts of implementing the recommended handling strategies and facilitated the risk based cost contingency analysis. The application of the Risk Management Practices to the NNSA Tritium Readiness Subprogram resulted in: (1) The quarterly review and update of the Risk Management Database to include an evaluation of all existing risks and the identification/evaluation of any potential new risks. (2) The risk status and handling strategy action item tracking mechanism that has visibility and buy-in throughout the Tritium Readiness Subprogram to ensure that approved actions are completed as scheduled and that risk reduction is being achieved. (3) The generation of a risk-based cost contingency estimate that may be used by the Tritium Readiness Subprogram Manager in establishing future year program budgets.

Shete, S; Srini Venkatesh, S

2007-01-31

485

78 FR 38311 - Reliability Technical Conference Agenda  

Federal Register 2010, 2011, 2012, 2013

...Protection Agency 5. Melanie M. Frye, Vice President, Operations and Planning, Western Electric Coordinating Council 6. Michael Moon, Senior Director of Reliability Risk Management, NERC 4:30 p.m. Commissioner Closing Remarks [FR Doc. 2013-15185...

2013-06-26

486

The risks of applying qualitative reliability prediction methods: a case study  

Microsoft Academic Search

The fast technological innovation of the past decades contributed to an increasing complexity in products. This increased product complexity together with four different business drivers (time, profitability, functionality and quality) have an important influence on the reliability strategies used within companies. New methods are necessary to predict reliability in product design. In current business processes qualitative reliability prediction methods are

Ilse M. de Visser; Johannes A. van den Bogaard

2006-01-01

487

IDENTIFICATION OF PROBABILITY DISTRIBUTIONS OF PROBABILISTIC RELIABILITY INDICES FOR MONETARY EVALUATION AND RISK ASSESSMENT  

Microsoft Academic Search

Under the new conditions in liberalized elec- tricity markets, the cost pressure on the utility companies is steadily increasing. The respective cost saving programs are likely to have a negative effect on supply reliability. At the same time, supply reliability is evolving into a key characteristic. So, the knowledge of the supply reliability of individual customers is becoming a vital

Michael Schwan; Wolfram H. Wellssow; Hans-Jürgen Koglin

488

Scenarios, Real Options and Integrated Risk Management  

Microsoft Academic Search

In the 1970s, scenario planning gained prominence as a strategic management tool. Scenario planning encourages managers to envision plausible future states of the world and consider how to take advantage of opportunities and avoid potential threats. In the last decade, finance researchers have developed real option analysis as a way to value investments under uncertainty. Scenario planning and real option

Kent D. Miller; H. Gregory Waller

2003-01-01