Science.gov

Sample records for reliability risk management

  1. Commentary: Risk Management and Reliability Design for Buildings

    SciTech Connect

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

    1999-05-28

    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.

  2. Risk Management

    NASA Technical Reports Server (NTRS)

    Thomas, Lloyd

    1998-01-01

    This presentation focuses on the identification of risk management, risk management processes such as: quantification and prioritization; mitigation planning; implementation of risk reduction; and tracking process. It develops examples and answers questions about Risk Management.

  3. Critical aspects of integrated monitoring systems for landslides risk management: strategies for a reliable approach

    NASA Astrophysics Data System (ADS)

    Castagnetti, C.; Bertacchini, E.; Capra, A.; Corsini, A.

    2012-04-01

    The use of advanced technologies for remotely monitor surface processes is a successful way for improving the knowledge of phenomena evolution. In addition, the integration of various techniques is becoming more and more common in order to implement early warning systems that can monitor the evolution of landslides in time and prevent emergencies. The reliability of those systems plays a key role when Public Administrations have to plan actions in case of disasters or for preventing an incoming emergency. To have confidence in the information given by the system is an essential condition for a successful policy aiming to protect the population. The research deals with the major critical aspects to be taken into account when implementing a reliable monitoring system for unstable slopes. The importance of those aspects is often neglected, unlike the effects of a not careful implementation and management of the system can lead to erroneous interpretations of the phenomenon itself. The case study which ruled the research and highlighted the actual need of guidelines for setting up a reliable monitoring system is the Valoria landslide, located in the Northern Italy. The system is based on the integration of an automatic Total Station (TS) measuring 45 reflectors and a master GPS, acting as the reference station for three rovers placed within the landslide. In order to monitor local disturbing effects, a bi-dimensional clinometer has been applied on the TS pillar. Topographic measurements have been also integrated with geotechnical sensors (inclinometers and piezometers) in a GIS for landslide risk management. At the very beginning, periodic measurements were carried out, while the system is now performing continuously since 2008. The system permitted to evaluate movements from few millimeter till some meters per day in most dangerous areas. A more spatially continuous description has been also provided by LiDAR and terrestrial SAR interferometry. Some of the most interesting and critical aspects that will be deeper described and analyzed are: - strategy for planning a successful integrated system for continuous monitoring. - Choice of the reference frame: local coordinate system or georeferenced one. - Stability of the site for the master unit positioning: GPS time series analysis for controlling the effective stability. Thanks to the GPS master station that are operating for over three years, atmospheric disturbances affecting the signal may be removed in order to carefully verify the stability of the area and to establish whether the site is geologically stable, as originally suggested, or not. In the latter case, the magnitude of movements may also be computed for providing corrections to TS observations. - Stability of the monumentation, both for reference points and TS pillar. This is an essential aspect for avoiding misinterpretations when analyzing displacements of prisms placed within the landslide. The results of experiences carried out by Authors over last years about different landslides will be presented in order to propose guidelines for a sort of procedure aiming to increase the reliability of the information provided by the system and the usefulness for local Agencies.

  4. Reliability and Risk in Theory and Practice

    E-print Network

    Bernstein, Joseph B.

    methods to manage risk · Approach ­ Advanced modeling and simulation tools that link materials Uncertainty Management across the material system life cycle · Enables improved reliability, affordability March 2014 #12;Need For Risk-Based Fleet Management · Issues ­ Uncertainties in legacy approach force

  5. Project Risk Management

    NASA Technical Reports Server (NTRS)

    Jr., R. F. Miles

    1995-01-01

    Project risk management is primarily concerned with performance, reliability, cost, and schedule. Environmental risk management is primarily concerned with human health and ecological hazards and likelihoods. This paper discusses project risk management and compares it to environmental risk management, both with respect to goals and implementation. The approach of the Jet Propulsion Laboratory to risk management is presented as an example of a project risk management approach that is an extension to NASA NHB 7120.5: Management of Major System Programs and Projects.

  6. Safety and Reliability for Managing Risk Guedes Soares & Zio (eds) 2006 Taylor & Francis Group, London, ISBN 0-415-41620-5

    E-print Network

    Sandborn, Peter

    Safety and Reliability for Managing Risk ­ Guedes Soares & Zio (eds) © 2006 Taylor & Francis Group are characterized by age or time in service and vehicle usage mileage. This paper presents a model where the usage

  7. Improving Distribution System Reliability Through Risk-base Doptimization of Fault Management and Improved Computer-based Fault Location 

    E-print Network

    Dong, Yimai

    2013-11-07

    regulation on power quality. Optimization in fault management tasks has the potential of improving system reliability by reducing the duration and scale of outages caused by faults through fast fault isolation and service restoration. The research reported...

  8. Reliability of objects in aerospace technologies and beyond: Holistic risk management approach

    NASA Astrophysics Data System (ADS)

    Shai, Yair; Ingman, D.; Suhir, E.

    A “ high level” , deductive-reasoning-based (“ holistic” ), approach is aimed at the direct analysis of the behavior of a system as a whole, rather than with an attempt to understand the system's behavior by conducting first a “ low level” , inductive-reasoning-based, analysis of the behavior and the contributions of the system's elements. The holistic view on treatment is widely accepted in medical practice, and “ holistic health” concept upholds that all the aspects of people's needs (psychological, physical or social), should be seen as a whole, and that a disease is caused by the combined effect of physical, emotional, spiritual, social and environmental imbalances. Holistic reasoning is applied in our analysis to model the behavior of engineering products (“ species” ) subjected to various economic, marketing, and reliability “ health” factors. Vehicular products (cars, aircraft, boats, etc.), e.g., might be still robust enough, but could be out-of-date, or functionally obsolete, or their further use might be viewed as unjustifiably expensive. High-level-performance functions (HLPF) are the essential feature of the approach. HLPFs are, in effect, “ signatures” of the “ species” of interest. The HLPFs describe, in a “ holistic” , and certainly in a probabilistic, way, numerous complex multi-dependable relations among the representatives of the “ species” under consideration. ; umerous inter-related “ stresses” , both actual (“ physical” ) and nonphysical, which affect the probabilistic predictions are inherently being taken into account by the HLPFs. There is no need, and might even be counter-productive, to conduct tedious, time- and labor-consuming experimentations and to invest significant amount of time and resources to accumulate “ representative statistics” to predict - he governing probabilistic characteristics of the system behavior, such as, e.g., life expectancy of a particular type of products. “ Species” of military aircraft, commercial aircraft and private cars have been chosen in our analysis as illustrations of the fruitfulness of the “ holistic” approach. The obtained data show that both commercial “ species” exhibit similar “ survival dynamics” in compare with those of the military species of aircraft: lifetime distributions were found to be Weibull distributions for all “ species” however for commercial vehicles, the shape parameters were a little higher than 2, and scale parameters were 19.8 years (aircraft) and 21.7 (cars) whereas for military aircraft, the shape parameters were much higher and the mean time to failure much longer. The difference between the lifetime characteristics of the “ species” can be attributed to the differences in the social, operational, economic and safety-and-reliability requirements and constraints. The obtained information can be used to make tentative predictions for the most likely trends in the given field of vehicular technology. The following major conclusions can be drawn from our analysis: 1) The suggested concept based on the use of HLPFs reflects the current state and the general perceptions in the given field of engineering, including aerospace technologies, and allows for all the inherent and induced factors to be taken into account: any type of failures, usage profiles, economic factors, environmental conditions, etc. The concept requires only very general input data for the entire population. There is no need for the less available information about individual articles. 2) Failure modes are not restricted to the physical type of failures and include economic, cultural or social effects. All possible causes, which might lead to making a decision to terminate the use of a particular type

  9. Enterprise Risk Management Program

    E-print Network

    Hayden, Nancy J.

    Enterprise Risk Management Program DRAFT Introduction to Enterprise Risk Management at UVM 1 #12;Enterprise Risk Management Program DRAFT What is Enterprise Risk Management? Enterprise risk management, and Sencer) #12;Enterprise Risk Management Program DRAFT Enterprise Risk Management: A Broad Approach

  10. Storage management in Ada. Three reports. Volume 1: Storage management in Ada as a risk to the development of reliable software. Volume 2: Relevant aspects of language. Volume 3: Requirements of the language versus manifestations of current implementations

    NASA Technical Reports Server (NTRS)

    Auty, David

    1988-01-01

    The risk to the development of program reliability is derived from the use of a new language and from the potential use of new storage management techniques. With Ada and associated support software, there is a lack of established guidelines and procedures, drawn from experience and common usage, which assume reliable behavior. The risk is identified and clarified. In order to provide a framework for future consideration of dynamic storage management on Ada, a description of the relevant aspects of the language is presented in two sections: Program data sources, and declaration and allocation in Ada. Storage-management characteristics of the Ada language and storage-management characteristics of Ada implementations are differentiated. Terms that are used are defined in a narrow and precise sense. The storage-management implications of the Ada language are described. The storage-management options available to the Ada implementor and the implications of the implementor's choice for the Ada programmer are also described.

  11. Interrater reliability of Risk Matrix 2000/s.

    PubMed

    Wakeling, Helen C; Mann, Ruth E; Milner, Rebecca J

    2011-12-01

    Actuarial risk assessment instruments for sexual offenders are often used in high-stakes decision making and therefore should be subject to stringent reliability and validity testing. Furthermore, those involved in the risk assessment of sexual offenders should be aware of the factors that may affect the reliability of these instruments. The present study examined the interrater reliability of the Risk Matrix 2000/s between one field rater and one independent rater with a sample of more than 100 sexual offenders. The results indicated good interrater reliability of the tool, although reliability varies from item to item. A number of factors were identified that seem to reduce the reliability of scoring. The present findings are strengthened by examining interrater reliability of the tool in the usual practitioner context and by calculating a range of reliability statistics. Strategies are suggested to increase reliability in the use of actuarial tools in routine practice. PMID:22114173

  12. Interrater Reliability of Risk Matrix 2000/s.

    PubMed

    Wakeling, Helen C; Mann, Ruth E; Milner, Rebecca J

    2011-01-01

    Actuarial risk assessment instruments for sexual offenders are often used in high-stakes decision making and therefore should be subject to stringent reliability and validity testing. Furthermore, those involved in the risk assessment of sexual offenders should be aware of the factors that may affect the reliability of these instruments. The present study examined the interrater reliability of the Risk Matrix 2000/s between one field rater and one independent rater with a sample of more than 100 sexual offenders. The results indicated good interrater reliability of the tool, although reliability varies from item to item. A number of factors were identified that seem to reduce the reliability of scoring. The present findings are strengthened by examining interrater reliability of the tool in the usual practitioner context and by calculating a range of reliability statistics. Strategies are suggested to increase reliability in the use of actuarial tools in routine practice. PMID:21216783

  13. Integrated Reliability and Risk Analysis System (IRRAS)

    SciTech Connect

    Russell, K D; McKay, M K; Sattison, M.B. Skinner, N.L.; Wood, S T; Rasmuson, D M

    1992-01-01

    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.

  14. Quantification of risks from technology for improved plant reliability

    SciTech Connect

    Rode, D.M.

    1996-12-31

    One of the least understood and therefore appreciated threats to profitability are risks from power plant technologies such as steam generators, turbines, and electrical systems. To effectively manage technological risks, business decisions need to be based on knowledge. The scope of the paper describes a quantification or risk process that combines technical knowledge and judgments with commercial consequences. The three principle alternatives to manage risks as well as risk mitigation techniques for significant equipment within a power plant are reported. The result is to equip the decision maker with a comprehensive picture of the risk exposures enabling cost effective activities to be undertaken to improve a plant`s reliability.

  15. Reevaluating Interrater Reliability in Offender Risk Assessment

    ERIC Educational Resources Information Center

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

    2012-01-01

    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…

  16. NASA's Risk Management System

    NASA Technical Reports Server (NTRS)

    Perera, Jeevan S.

    2011-01-01

    Leadership is key to success. Phased-approach for implementation of risk management is necessary. Risk management system will be simple, accessible and promote communication of information to all relevant stakeholders for optimal resource allocation and risk mitigation. Risk management should be used by all team members to manage risks -- risk office personnel. Each group is assigned Risk Integrators who are facilitators for effective risk management. Risks will be managed at the lowest-level feasible, elevate only those risks that require coordination or management from above. Risk reporting and communication is an essential element of risk management and will combine both qualitative and quantitative elements. Risk informed decision making should be introduced to all levels of management. Provide necessary checks and balances to insure that risks are caught/identified and dealt with in a timely manner. Many supporting tools, processes & training must be deployed for effective risk management implementation. Process improvement must be included in the risk processes.

  17. Enterprise Risk Management Program

    E-print Network

    Hayden, Nancy J.

    Enterprise Risk Management Program Guide to Risk Assessment & Response August 16, 2012 #12; i, and ultimately responding to and monitoring risk--is at the heart of enterprise risk management (ERM). Extending that plan. Figure 1: The Risk Management Process "Enterprise risk management is a structured, consistent

  18. Reliability, return periods, and risk under nonstationarity

    NASA Astrophysics Data System (ADS)

    Read, Laura K.; Vogel, Richard M.

    2015-08-01

    Water resources design has widely used the average return period as a concept to inform management and communication of the risk of experiencing an exceedance event within a planning horizon. Even though nonstationarity is often apparent, in practice hydrologic design often mistakenly assumes that the probability of exceedance, p, is constant from year to year which leads to an average return period To equal to 1/p; this expression is far more complex under nonstationarity. Even for stationary processes, the common application of an average return period is problematic: it does not account for planning horizon, is an average value that may not be representative of the time to the next flood, and is generally not applied in other areas of water planning. We combine existing theoretical and empirical results from the literature to provide the first general, comprehensive description of the probabilistic behavior of the return period and reliability under nonstationarity. We show that under nonstationarity, the underlying distribution of the return period exhibits a more complex shape than the exponential distribution under stationary conditions. Using a nonstationary lognormal model, we document the increased complexity and challenges associated with planning for future flood events over a planning horizon. We compare application of the average return period with the more common concept of reliability and recommend replacing the average return period with reliability as a more practical way to communicate event likelihood in both stationary and nonstationary contexts.

  19. NASA's Risk Management System

    NASA Technical Reports Server (NTRS)

    Perera, Jeevan S.

    2013-01-01

    Phased-approach for implementation of risk management is necessary. Risk management system will be simple, accessible and promote communication of information to all relevant stakeholders for optimal resource allocation and risk mitigation. Risk management should be used by all team members to manage risks - not just risk office personnel. Each group/department is assigned Risk Integrators who are facilitators for effective risk management. Risks will be managed at the lowest-level feasible, elevate only those risks that require coordination or management from above. Risk informed decision making should be introduced to all levels of management. ? Provide necessary checks and balances to insure that risks are caught/identified and dealt with in a timely manner. Many supporting tools, processes & training must be deployed for effective risk management implementation. Process improvement must be included in the risk processes.

  20. Bayesian Inference for NASA Probabilistic Risk and Reliability Analysis

    NASA Technical Reports Server (NTRS)

    Dezfuli, Homayoon; Kelly, Dana; Smith, Curtis; Vedros, Kurt; Galyean, William

    2009-01-01

    This document, Bayesian Inference for NASA Probabilistic Risk and Reliability Analysis, is intended to provide guidelines for the collection and evaluation of risk and reliability-related data. It is aimed at scientists and engineers familiar with risk and reliability methods and provides a hands-on approach to the investigation and application of a variety of risk and reliability data assessment methods, tools, and techniques. This document provides both: A broad perspective on data analysis collection and evaluation issues. A narrow focus on the methods to implement a comprehensive information repository. The topics addressed herein cover the fundamentals of how data and information are to be used in risk and reliability analysis models and their potential role in decision making. Understanding these topics is essential to attaining a risk informed decision making environment that is being sought by NASA requirements and procedures such as 8000.4 (Agency Risk Management Procedural Requirements), NPR 8705.05 (Probabilistic Risk Assessment Procedures for NASA Programs and Projects), and the System Safety requirements of NPR 8715.3 (NASA General Safety Program Requirements).

  1. Risk Management for Schools.

    ERIC Educational Resources Information Center

    National Association of Independent Schools, Boston, MA.

    This manual focuses on the promotion of good risk management practices. The first of four sections presents an overview of risk management in terms of risk management concepts and avoiding, transferring, controlling, and financing risk. Second, the manual present methods for identifying and assessing risk. The third section discusses different…

  2. Integrated risk management

    NASA Technical Reports Server (NTRS)

    Hunsucker, J. L.

    1993-01-01

    The purpose of this report is to first present a basis or foundation for the building of an integrated risk management plan and them to present the plan. The integration referred to is across both the temporal and the hierarchical dimensions. Complexity, consequence, and credibility seem to be driving the need for the consideration of risk. Reduction of personal bias and reproducibility of the decision making process seem to be driving the consideration of a formal risk plan. While risk can be used as either a selection tool or a control tool, this paper concentrates on the selection usage. Risk relies on stated purpose. The tightness of the definition of purpose and success is directly reflected in the definition and control of risk. Much of a risk management plan could be designed by the answers to the questions of why, what, who, when, and where. However, any plan must provide the following information about a threat or risk: likelihood, consequence, predictability, reliability, and reproducibility. While the environment at NASA is seen as warm, but not hot, for the introduction of a risk program, some encouragement is seen if the following problems are addressed: no champion, no commitment of resource, confused definitions, lack of direction and focus, a hard sell, NASA culture, many choices of assessment methods, and cost. The plan is designed to follow the normal method of doing work and is structured to follow either the work break down structure or a functional structure very well. The parts of the plan include: defining purpose and success, initial threat assessment, initial risk assessment, reconciling threats and parameters, putting part of the information down and factoring the information back into the decision process as it comes back up, and developing inferences. Two major suggestions are presented. One is to build an office of risk management to be used as a resource by managers in doing the risk process. Another is to form a pilot program to try out the details in the plan and modify the method where needed.

  3. Managing Risks

    ERIC Educational Resources Information Center

    Osborn, John E.

    2006-01-01

    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 article…

  4. 77 FR 30517 - Electricity Subsector Cybersecurity Risk Management Process

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-05-23

    ...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...

  5. Real Time Grid Reliability Management 2005

    SciTech Connect

    Eto, Joe; Eto, Joe; Lesieutre, Bernard; Lewis, Nancy Jo; Parashar, Manu

    2008-07-07

    The increased need to manage California?s electricity grid in real time is a result of the ongoing transition from a system operated by vertically-integrated utilities serving native loads to one operated by an independent system operator supporting competitive energy markets. During this transition period, the traditional approach to reliability management -- construction of new transmission lines -- has not been pursued due to unresolved issues related to the financing and recovery of transmission project costs. In the absence of investments in new transmission infrastructure, the best strategy for managing reliability is to equip system operators with better real-time information about actual operating margins so that they can better understand and manage the risk of operating closer to the edge. A companion strategy is to address known deficiencies in offline modeling tools that are needed to ground the use of improved real-time tools. This project: (1) developed and conducted first-ever demonstrations of two prototype real-time software tools for voltage security assessment and phasor monitoring; and (2) prepared a scoping study on improving load and generator response models. Additional funding through two separate subsequent work authorizations has already been provided to build upon the work initiated in this project.

  6. Risk Management in EVA

    NASA Technical Reports Server (NTRS)

    Hall, Jonathan; Lutomski, M.

    2006-01-01

    This viewgraph presentation reviews the use of risk management in Extravehicular Activities (EVA). The contents include: 1) EVA Office at NASA - JSC; 2) EVA Project Risk Management: Why and When; 3) EVA Office Risk Management: How; 4) Criteria for Closing a Risk; 5) Criteria for Accepting a Risk; 6) ISS IRMA Reference Card Data Entry Requirement s; 7) XA/ EVA Office Risk Activity Summary; 8) EVA Significant Change Summary; 9) Integrated Risk Management Application (XA) Matrix, March 31, 2004; 10) ISS Watch Item: 50XX Summary Report; and 11) EVA Project RM Usefulness

  7. Rethinking risk management

    SciTech Connect

    Kloman, H.F. )

    1992-01-01

    The purpose of this paper is to bring together the ideas of those who currently practice the many different forms of risk management on a global basis. These forms include guidance of public policy on macro risks, risk financing and insurance for many larger commercial organizations, managing credit, currency and interest rate risks for financial institutions, plus other extensions of risk management including security, quality control, and quality assurance in a health-care environment.

  8. Risk Management Policy 1 Risk Management Policy (December, 2014)

    E-print Network

    Wapstra, Erik

    Governance Level Principle No. 2 - Risk Management Responsible Organisational Unit Audit & Risk CONTENTS 1 of the effectiveness of the University's risk management approach is commissioned by the Audit & Risk CommitteeRisk Management Policy 1 Risk Management Policy (December, 2014) Risk Management Policy Responsible

  9. [Global risk management].

    PubMed

    Sghaier, W; Hergon, E; Desroches, A

    2015-08-01

    Risk management is a fundamental component of any successful company, whether it is in economic, societal or environmental aspect. Risk management is an especially important activity for companies that optimal security challenge of products and services is great. This is the case especially for the health sector institutions. Risk management is therefore a decision support tool and a means to ensure the sustainability of an organization. In this context, what methods and approaches implemented to manage the risks? Through this state of the art, we are interested in the concept of risk and risk management processes. Then we focus on the different methods of risk management and the criteria for choosing among these methods. Finally we highlight the need to supplement these methods by a systemic and global approach including through risk assessment by the audits. PMID:26119049

  10. Probabilistic Methods for Structural Reliability and Risk

    NASA Technical Reports Server (NTRS)

    Chamis, Christos C.

    2007-01-01

    A formal method is described to quantify structural reliability and risk in the presence of a multitude of uncertainties. The method is based on the materials behavior level where primitive variables with their respective scatters are used to describe that behavior. Computational simulation is then used to propagate those uncertainties to the structural scale where reliability and risk are usually specified. A sample case is described to illustrate the effectiveness, versatility, and maturity of the method. Typical results from this method demonstrate that the method is mature and that it can be used for future strategic projections and planning to assure better, cheaper, faster products for competitive advantages in world markets. The results also indicate that the methods are suitable for predicting remaining life in aging or deteriorating structures.

  11. Risk Management Implementation Tool

    NASA Technical Reports Server (NTRS)

    Wright, Shayla L.

    2004-01-01

    Continuous Risk Management (CM) is a software engineering practice with processes, methods, and tools for managing risk in a project. It provides a controlled environment for practical decision making, in order to assess continually what could go wrong, determine which risk are important to deal with, implement strategies to deal with those risk and assure the measure effectiveness of the implemented strategies. Continuous Risk Management provides many training workshops and courses to teach the staff how to implement risk management to their various experiments and projects. The steps of the CRM process are identification, analysis, planning, tracking, and control. These steps and the various methods and tools that go along with them, identification, and dealing with risk is clear-cut. The office that I worked in was the Risk Management Office (RMO). The RMO at NASA works hard to uphold NASA s mission of exploration and advancement of scientific knowledge and technology by defining and reducing program risk. The RMO is one of the divisions that fall under the Safety and Assurance Directorate (SAAD). I worked under Cynthia Calhoun, Flight Software Systems Engineer. My task was to develop a help screen for the Continuous Risk Management Implementation Tool (RMIT). The Risk Management Implementation Tool will be used by many NASA managers to identify, analyze, track, control, and communicate risks in their programs and projects. The RMIT will provide a means for NASA to continuously assess risks. The goals and purposes for this tool is to provide a simple means to manage risks, be used by program and project managers throughout NASA for managing risk, and to take an aggressive approach to advertise and advocate the use of RMIT at each NASA center.

  12. Identifying and Managing Risk.

    ERIC Educational Resources Information Center

    Abraham, Janice M.

    1999-01-01

    The role of the college or university chief financial officer in institutional risk management is (1) to identify risk (physical, casualty, fiscal, business, reputational, workplace safety, legal liability, employment practices, general liability), (2) to develop a campus plan to reduce and control risk, (3) to transfer risk, and (4) to track and…

  13. Three risk management basics.

    PubMed

    2008-11-01

    This ongoing column is dedicated to providing information to our readers on managing legal risks associated with medical practice. We invite questions from our readers. The answers are provided by PRMS, Inc. (www.prms.com), a manager of medical professional liability insurance programs with services that include risk management consultation, education and onsite risk management audits, and other resources to healthcare providers to help improve patient outcomes and reduce professional liability risk. The answers published in this column represent those of only one risk management consulting company. Other risk management consulting companies or insurance carriers may provide different advice, and readers should take this into consideration. The information in this column does not constitute legal advice. For legal advice, contact your personal attorney. PMID:19724718

  14. Probabilistic Methods for Structural Reliability and Risk

    NASA Technical Reports Server (NTRS)

    Chamis, Christos C.

    2008-01-01

    A probabilistic method is used to evaluate the structural reliability and risk of select metallic and composite structures. The method is a multiscale, multifunctional and it is based on the most elemental level. A multi-factor interaction model is used to describe the material properties which are subsequently evaluated probabilistically. The metallic structure is a two rotor aircraft engine, while the composite structures consist of laminated plies (multiscale) and the properties of each ply are the multifunctional representation. The structural component is modeled by finite element. The solution method for structural responses is obtained by an updated simulation scheme. The results show that the risk for the two rotor engine is about 0.0001 and the composite built-up structure is also 0.0001.

  15. Probabilistic Methods for Structural Reliability and Risk

    NASA Technical Reports Server (NTRS)

    Chamis, Christos C.

    2010-01-01

    A probabilistic method is used to evaluate the structural reliability and risk of select metallic and composite structures. The method is a multiscale, multifunctional and it is based on the most elemental level. A multifactor interaction model is used to describe the material properties which are subsequently evaluated probabilistically. The metallic structure is a two rotor aircraft engine, while the composite structures consist of laminated plies (multiscale) and the properties of each ply are the multifunctional representation. The structural component is modeled by finite element. The solution method for structural responses is obtained by an updated simulation scheme. The results show that the risk for the two rotor engine is about 0.0001 and the composite built-up structure is also 0.0001.

  16. Perspectives: Intellectual Risk Management

    ERIC Educational Resources Information Center

    Hall, James C.

    2013-01-01

    Ask a college administrator about students and risk management, and you're likely to get a quick and agitated speech about alcohol consumption and bad behavior or a meditation on mental health and campus safety. But in colleges and universities, we manage intellectual risk-taking too. Bring that up, and you'll probably get little out of that same…

  17. Risk Management Policy and Procedures

    E-print Network

    Paxton, Anthony T.

    of Senate, the Audit Committee, the Risk Management Committee and University management. It also outlines and management responses. The Audit Committee receives reports from the Risk Management Committee (RMC) whichRisk Management Policy and Procedures #12;Risk Management Policy and Procedures Queen's University

  18. Managing Reliability in the 21st Century

    SciTech Connect

    Dellin, T.A.

    1998-11-23

    The rapid pace of change at Ike end of the 20th Century should continue unabated well into the 21st Century. The driver will be the marketplace imperative of "faster, better, cheaper." This imperative has already stimulated a revolution-in-engineering in design and manufacturing. In contrast, to date, reliability engineering has not undergone a similar level of change. It is critical that we implement a corresponding revolution-in-reliability-engineering as we enter the new millennium. If we are still using 20th Century reliability approaches in the 21st Century, then reliability issues will be the limiting factor in faster, better, and cheaper. At the heart of this reliability revolution will be a science-based approach to reliability engineering. Science-based reliability will enable building-in reliability, application-specific products, virtual qualification, and predictive maintenance. The purpose of this paper is to stimulate a dialogue on the future of reliability engineering. We will try to gaze into the crystal ball and predict some key issues that will drive reliability programs in the new millennium. In the 21st Century, we will demand more of our reliability programs. We will need the ability to make accurate reliability predictions that will enable optimizing cost, performance and time-to-market to meet the needs of every market segment. We will require that all of these new capabilities be in place prior to the stint of a product development cycle. The management of reliability programs will be driven by quantifiable metrics of value added to the organization business objectives.

  19. Risk Management under Liquidity Risk: Liquidity inclusive Risk Measures

    E-print Network

    Brigo, Damiano

    ' liquidity risk management in relation to the risks they hold" (Basel committee on banking supervisionRisk Management under Liquidity Risk: Liquidity inclusive Risk Measures GARP Seminar, London, Nov://www.capco.com/capco-insights -- Joint work with Claudio Nordio Prof. D. Brigo (Imperial College and Capco) Risk Management under

  20. Safety, Reliability, Risk and Life-Cycle Performance of Structures & Infrastructures Deodatis, Ellingwood & Frangopol (Eds)

    E-print Network

    Stølen, Ketil

    Safety, Reliability, Risk and Life-Cycle Performance of Structures & Infrastructures ­ Deodatis analysis based on the ISO 31000 international standard on risk manage- ment [4]. The approach is model-driven in the sense that graphical models are actively used throughout the whole risk analysis process to support

  1. NISTIR 8023 Risk Management for

    E-print Network

    with replication devices. Keywords 3D printers; 3D scanners; copiers; countermeasures; exploits; mitigation; multifunction devices; printers; replication devices; risk; risk assessment; risk management; scanners; security

  2. Today's School Risk Manager

    ERIC Educational Resources Information Center

    Johnson, Cheryl P.; Levering, Steve

    2009-01-01

    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,…

  3. Adaptation and risk management

    SciTech Connect

    Preston, Benjamin L

    2011-01-01

    Adaptation assessment methods are compatible with the international risk management standard ISO:31000. Risk management approaches are increasingly being recommended for adaptation assessments at both national and local levels. Two orientations to assessments can commonly be identified: top-down and bottom-up, and prescriptive and diagnostic. Combinations of these orientations favor different types of assessments. The choice of orientation can be related to uncertainties in prediction and taking action, in the type of adaptation and in the degree of system stress. Adopting multiple viewpoints is to be encouraged, especially in complex situations. The bulk of current guidance material is consistent with top-down and predictive approaches, thus is most suitable for risk scoping and identification. Abroad range ofmaterial fromwithin and beyond the climate change literature can be used to select methods to be used in assessing and implementing adaptation. The framing of risk, correct formulation of the questions being investigated and assessment methodology are critical aspects of the scoping phase. Only when these issues have been addressed should be issue of specific methods and tools be addressed. The reorientation of adaptation from an assessment focused solely on anthropogenic climate change to broader issues of vulnerability/resilience, sustainable development and disaster risk, especially through a risk management framework, can draw from existing policy and management understanding in communities, professions and agencies, incorporating existing agendas, knowledge, risks, and issues they already face.

  4. Smart Grid Risk Management

    NASA Astrophysics Data System (ADS)

    Abad Lopez, Carlos Adrian

    Current electricity infrastructure is being stressed from several directions -- high demand, unreliable supply, extreme weather conditions, accidents, among others. Infrastructure planners have, traditionally, focused on only the cost of the system; today, resilience and sustainability are increasingly becoming more important. In this dissertation, we develop computational tools for efficiently managing electricity resources to help create a more reliable and sustainable electrical grid. The tools we present in this work will help electric utilities coordinate demand to allow the smooth and large scale integration of renewable sources of energy into traditional grids, as well as provide infrastructure planners and operators in developing countries a framework for making informed planning and control decisions in the presence of uncertainty. Demand-side management is considered as the most viable solution for maintaining grid stability as generation from intermittent renewable sources increases. Demand-side management, particularly demand response (DR) programs that attempt to alter the energy consumption of customers either by using price-based incentives or up-front power interruption contracts, is more cost-effective and sustainable in addressing short-term supply-demand imbalances when compared with the alternative that involves increasing fossil fuel-based fast spinning reserves. An essential step in compensating participating customers and benchmarking the effectiveness of DR programs is to be able to independently detect the load reduction from observed meter data. Electric utilities implementing automated DR programs through direct load control switches are also interested in detecting the reduction in demand to efficiently pinpoint non-functioning devices to reduce maintenance costs. We develop sparse optimization methods for detecting a small change in the demand for electricity of a customer in response to a price change or signal from the utility, dynamic learning methods for scheduling the maintenance of direct load control switches whose operating state is not directly observable and can only be inferred from the metered electricity consumption, and machine learning methods for accurately forecasting the load of hundreds of thousands of residential, commercial and industrial customers. These algorithms have been implemented in the software system provided by AutoGrid, Inc., and this system has helped several utilities in the Pacific Northwest, Oklahoma, California and Texas, provide more reliable power to their customers at significantly reduced prices. Providing power to widely spread out communities in developing countries using the conventional power grid is not economically feasible. The most attractive alternative source of affordable energy for these communities is solar micro-grids. We discuss risk-aware robust methods to optimally size and operate solar micro-grids in the presence of uncertain demand and uncertain renewable generation. These algorithms help system operators to increase their revenue while making their systems more resilient to inclement weather conditions.

  5. Risk Management of NASA Projects

    NASA Technical Reports Server (NTRS)

    Sarper, Hueseyin

    1997-01-01

    Various NASA Langley Research Center and other center projects were attempted for analysis to obtain historical data comparing pre-phase A study and the final outcome for each project. This attempt, however, was abandoned once it became clear that very little documentation was available. Next, extensive literature search was conducted on the role of risk and reliability concepts in project management. Probabilistic risk assessment (PRA) techniques are being used with increasing regularity both in and outside of NASA. The value and the usage of PRA techniques were reviewed for large projects. It was found that both civilian and military branches of the space industry have traditionally refrained from using PRA, which was developed and expanded by nuclear industry. Although much has changed with the end of the cold war and the Challenger disaster, it was found that ingrained anti-PRA culture is hard to stop. Examples of skepticism against the use of risk management and assessment techniques were found both in the literature and in conversations with some technical staff. Program and project managers need to be convinced that the applicability and use of risk management and risk assessment techniques is much broader than just in the traditional safety-related areas of application. The time has come to begin to uniformly apply these techniques. The whole idea of risk-based system can maximize the 'return on investment' that the public demands. Also, it would be very useful if all project documents of NASA Langley Research Center, pre-phase A through final report, are carefully stored in a central repository preferably in electronic format.

  6. Continuous Risk Management: An Overview

    NASA Technical Reports Server (NTRS)

    Rosenberg, Linda; Hammer, Theodore F.

    1999-01-01

    Software risk management is important because it helps avoid disasters, rework, and overkill, but more importantly because it stimulates win-win situations. The objectives of software risk management are to identify, address, and eliminate software risk items before they become threats to success or major sources of rework. In general, good project managers are also good managers of risk. It makes good business sense for all software development projects to incorporate risk management as part of project management. The Software Assurance Technology Center (SATC) at NASA GSFC has been tasked with the responsibility for developing and teaching a systems level course for risk management that provides information on how to implement risk management. The course was developed in conjunction with the Software Engineering Institute at Carnegie Mellon University, then tailored to the NASA systems community. This is an introductory tutorial to continuous risk management based on this course. The rational for continuous risk management and how it is incorporated into project management are discussed. The risk management structure of six functions is discussed in sufficient depth for managers to understand what is involved in risk management and how it is implemented. These functions include: (1) Identify the risks in a specific format; (2) Analyze the risk probability, impact/severity, and timeframe; (3) Plan the approach; (4) Track the risk through data compilation and analysis; (5) Control and monitor the risk; (6) Communicate and document the process and decisions.

  7. Quantitative Risk Management Rudiger Frey

    E-print Network

    Frey, Rüdiger

    of specific challenges in credit risk management which are less relevant in market risk. · ScarcityLecture Quantitative Risk Management R¨udiger Frey Universit¨at Leipzig Wintersemester 2010 risk management C. Introduction to Portfolio Credit Derivatives c 2010 (Frey) 1 #12;A. Introduction

  8. Navigator program risk management

    NASA Technical Reports Server (NTRS)

    Wessen, Randii R.; Padilla, Deborah A.

    2004-01-01

    In this paper, program risk management as applied to the Navigator Program: In Search of New Worlds will be discussed. The Navigator Program's goals are to learn how planetary systems form and to search for those worlds that could or do harbor life.

  9. Retail risk management pricing electricity to manage customer risk

    SciTech Connect

    Mauldin, M.G.

    1997-06-01

    In the environment of direct customer access and supplier choice that is coming, experience teaches that customers will value the opportunity to control their price risk in a variety of ways. Suppliers that are sensitive to this desire and the varied ways of meeting it will have a distinct advantage. Large electricity customers are clearly awaiting the day the monopoly floodgates open because they believe cheap electricity from alternate suppliers will become available to them. But access and choice will mean more to utility retail customers than just the potential availability of low cost power. It will mean that customers will have the purchasing power to demand exactly what they want from their electricity provider. Some customers will want the lowest cost power available, which may mean that they purchase directly from the spot market. Others will want to use their new-found clout to purchase power of a certain guaranteed quality or reliability level, or to purchase on a pricing plan that fits their needs. For instance, business customers that sell goods under fixed price contracts may want to purchase electricity at a price that is fixed for a certain period - perhaps a quarter of a year. This article focuses on products that protect customers from the price risk they would face if they purchased directly from the spot market. First, it will address examples of products that are used to protect against price risk in the gas market, because these products indicate the type of offerings that may help electric customers manage price risks. Next, the article will highlight findings on desires of customers in the electricity market, and provide an overview of utility tariffs that can help customers control their price risk. Finally, it will discuss approaches that can be used to price these retail risk management products.

  10. National Ignition Facility Risk Management Plan

    SciTech Connect

    Brereton, S.J.

    1997-02-01

    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.

  11. Market Based Risk Mitigation: Risk Management vs. Risk Avoidance

    E-print Network

    Market Based Risk Mitigation: Risk Management vs. Risk Avoidance Shmuel Oren University of the critical infrastructures in our society. Risk assessment and systematic consideration of risk in the design knowledge for engineers, like physics for instance, consideration of risk has penetrated all engineering

  12. Toward Reliable Engineered System Design: Reliability-Based Design and Prognostics and Health Management (PHM)

    E-print Network

    McCalley, James D.

    challenges, reliability- based design and prognostics and health management (PHM) techniques have been, and prognostics and health management (PHM). Dr. Hu has received several awards and recognitions for his researchTitle Toward Reliable Engineered System Design: Reliability-Based Design and Prognostics and Health

  13. Continuous Risk Management Course. Revised

    NASA Technical Reports Server (NTRS)

    Hammer, Theodore F.

    1999-01-01

    This document includes a course plan for Continuous Risk Management taught by the Software Assurance Technology Center along with the Continuous Risk Management Guidebook of the Software Engineering Institute of Carnegie Mellon University and a description of Continuous Risk Management at NASA.

  14. CHAPTER 7: RISK AND RELIABILITY IN Baidurya Bhattacharya

    E-print Network

    Bhattacharya, Baidurya

    . Acceptable failure probabilities, and thus target reliabilities to be achieved in bridge design-service bridges is discussed. #12;Chapter 7: Risk and reliability in bridges, Innovative Bridge Design Handbook, some clear span and height must be provided. The design life of the bridge has to be specified

  15. Risk and reliability assessment for telecommunications networks

    SciTech Connect

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

    1996-08-01

    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).

  16. Communicating Risk to Program Managers

    NASA Technical Reports Server (NTRS)

    Shivers, C. Herbert

    2005-01-01

    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 to reduce fire fighting, must meet the expectations of stakeholders consistently, and avoid falling into costly "black holes" that may open. A good risk management process provides the PM more confidence to seize opportunities save money, meet schedule, even improve relationships with people important to the program. Evidence of managing risk and sound internal controls can mean better support from superiors for the program by building a trust and reputation from being on top of issues. Risk managers have an obligation to provide the PM with the best information possible to allow the benefits to be realized (Small Business Consortium, 2004). The Institute for Chartered Accountants in England and Wales sees very important benefits for companies in providing better information about what they do to assess and manage key business risks. Such information will: a) provide practical forward-looking information; b) reduce the cost of capital; c) encourage better risk management; and d) improve accountability for stewardship, investor protection and the usefulness of financial reporting. We are particularly convinced that enhanced risk reporting will help listed companies obtain capital at the lowest possible cost (The Institute of Chartered Accountants in England &Wales, June 2002). Risk managers can take a significant role in quantifying the success of their department and communicating those figures to executive (program) management levels while pushing for a broader risk management role. Overall, risk managers must show that risk management work matters in the most crucial place-the bottom line- as they prove risk management can be a profit center (Sullivan, 2004).

  17. Reliability and Probabilistic Risk Assessment - How They Play Together

    NASA Technical Reports Server (NTRS)

    Safie, Fayssal M.; Stutts, Richard G.; Zhaofeng, Huang

    2015-01-01

    PRA methodology is one of the probabilistic analysis methods that NASA brought from the nuclear industry to assess the risk of LOM, LOV and LOC for launch vehicles. PRA is a system scenario based risk assessment that uses a combination of fault trees, event trees, event sequence diagrams, and probability and statistical data to analyze the risk of a system, a process, or an activity. It is a process designed to answer three basic questions: What can go wrong? How likely is it? What is the severity of the degradation? Since 1986, NASA, along with industry partners, has conducted a number of PRA studies to predict the overall launch vehicles risks. Planning Research Corporation conducted the first of these studies in 1988. In 1995, Science Applications International Corporation (SAIC) conducted a comprehensive PRA study. In July 1996, NASA conducted a two-year study (October 1996 - September 1998) to develop a model that provided the overall Space Shuttle risk and estimates of risk changes due to proposed Space Shuttle upgrades. After the Columbia accident, NASA conducted a PRA on the Shuttle External Tank (ET) foam. This study was the most focused and extensive risk assessment that NASA has conducted in recent years. It used a dynamic, physics-based, integrated system analysis approach to understand the integrated system risk due to ET foam loss in flight. Most recently, a PRA for Ares I launch vehicle has been performed in support of the Constellation program. Reliability, on the other hand, addresses the loss of functions. In a broader sense, reliability engineering is a discipline that involves the application of engineering principles to the design and processing of products, both hardware and software, for meeting product reliability requirements or goals. It is a very broad design-support discipline. It has important interfaces with many other engineering disciplines. Reliability as a figure of merit (i.e. the metric) is the probability that an item will perform its intended function(s) for a specified mission profile. In general, the reliability metric can be calculated through the analyses using reliability demonstration and reliability prediction methodologies. Reliability analysis is very critical for understanding component failure mechanisms and in identifying reliability critical design and process drivers. The following sections discuss the PRA process and reliability engineering in detail and provide an application where reliability analysis and PRA were jointly used in a complementary manner to support a Space Shuttle flight risk assessment.

  18. Managing information technology security risk

    NASA Technical Reports Server (NTRS)

    Gilliam, David

    2003-01-01

    Information Technology (IT) Security Risk Management is a critical task for the organization to protect against the loss of confidentiality, integrity and availability of IT resources. As systems bgecome more complex and diverse and and attacks from intrusions and malicious content increase, it is becoming increasingly difficult to manage IT security risk. This paper describes a two-pronged approach in addressing IT security risk and risk management in the organization: 1) an institutional enterprise appraoch, and 2) a project life cycle approach.

  19. Eastern European risk management

    SciTech Connect

    Honey, J.A. )

    1992-01-01

    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.

  20. NGNP Risk Management Database: A Model for Managing Risk

    SciTech Connect

    John Collins; John M. Beck

    2011-11-01

    The Next Generation Nuclear Plant (NGNP) Risk Management System (RMS) is a database used to maintain the project risk register. The RMS also maps risk reduction activities to specific identified risks. Further functionality of the RMS includes mapping reactor suppliers Design Data Needs (DDNs) to risk reduction tasks and mapping Phenomena Identification Ranking Table (PIRTs) to associated risks. This document outlines the basic instructions on how to use the RMS. This document constitutes Revision 1 of the NGNP Risk Management Database: A Model for Managing Risk. It incorporates the latest enhancements to the RMS. The enhancements include six new custom views of risk data - Impact/Consequence, Tasks by Project Phase, Tasks by Status, Tasks by Project Phase/Status, Tasks by Impact/WBS, and Tasks by Phase/Impact/WBS.

  1. Risk Assessment/Management Tool

    Energy Science and Technology Software Center (ESTSC)

    2010-12-31

    RAMTool performs the following: ? A tool to perform facility and programmatic risk assessments, produce risk registers, develop risk management plans (RMPs), link risks to improvement/risk-reduction projects, and actively manage risks ? Ability to conduct risk assessments. Ease of determination of probability and consequence based on industry standard risk matrices. Complies with site risk management performance document. Provides multiple outputs/report for required risk forms. Conduct quick risk data analysis. ? Performs/calculates a facility risk factormore »(RF) and a programmatic RF. Supports project and initiative prioritization and funding in order to make solid decisions on risk reduction. Assigns responsibility and accountability at a risk owner (RO) level. Monitors and tracks progress toward completing mitigation strategies. Ability to import massive amounts of data at the push of a button. Integrates development of a Risk Management Plan (RMP) Built for ease-of-use ? design, built, and used by technical/management personnel. Can be customized (functions and/or reports) for further analysis« less

  2. Improving Information Security Risk Management

    ERIC Educational Resources Information Center

    Singh, Anand

    2009-01-01

    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…

  3. [Risk management for medical devices].

    PubMed

    Xie, Ying-jie; Xu, Xing-gang

    2007-07-01

    Based on the practices of the risk management activities by Chinese medical device manufacturers and theoretical study of the latest international standard ISO 14971:2007, this article analyses the risk management in medical device manufacturing industry by introducing the status quo of applications, four requirements at operational stages, and future trends of development. Methods and suggestions are therefore given to medical device manufacturers for risk management. PMID:17969510

  4. Challenges to sustainable risk management

    SciTech Connect

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

    2004-08-09

    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.

  5. Reliability and Probabilistic Risk Assessment - How They Play Together

    NASA Technical Reports Server (NTRS)

    Safie, Fayssal; Stutts, Richard; Huang, Zhaofeng

    2015-01-01

    Since the Space Shuttle Challenger accident in 1986, NASA has extensively used probabilistic analysis methods to assess, understand, and communicate the risk of space launch vehicles. Probabilistic Risk Assessment (PRA), used in the nuclear industry, is one of the probabilistic analysis methods NASA utilizes to assess Loss of Mission (LOM) and Loss of Crew (LOC) risk for launch vehicles. PRA is a system scenario based risk assessment that uses a combination of fault trees, event trees, event sequence diagrams, and probability distributions to analyze the risk of a system, a process, or an activity. It is a process designed to answer three basic questions: 1) what can go wrong that would lead to loss or degraded performance (i.e., scenarios involving undesired consequences of interest), 2) how likely is it (probabilities), and 3) what is the severity of the degradation (consequences). Since the Challenger accident, PRA has been used in supporting decisions regarding safety upgrades for launch vehicles. Another area that was given a lot of emphasis at NASA after the Challenger accident is reliability engineering. Reliability engineering has been a critical design function at NASA since the early Apollo days. However, after the Challenger accident, quantitative reliability analysis and reliability predictions were given more scrutiny because of their importance in understanding failure mechanism and quantifying the probability of failure, which are key elements in resolving technical issues, performing design trades, and implementing design improvements. Although PRA and reliability are both probabilistic in nature and, in some cases, use the same tools, they are two different activities. Specifically, reliability engineering is a broad design discipline that deals with loss of function and helps understand failure mechanism and improve component and system design. PRA is a system scenario based risk assessment process intended to assess the risk scenarios that could lead to a major/top undesirable system event, and to identify those scenarios that are high-risk drivers. PRA output is critical to support risk informed decisions concerning system design. This paper describes the PRA process and the reliability engineering discipline in detail. It discusses their differences and similarities and how they work together as complementary analyses to support the design and risk assessment processes. Lessons learned, applications, and case studies in both areas are also discussed in the paper to demonstrate and explain these differences and similarities.

  6. 12 CFR 917.3 - Risk management.

    Code of Federal Regulations, 2010 CFR

    2010-01-01

    ...DIRECTORS AND SENIOR MANAGEMENT § 917.3 Risk management. (a) Risk management policy —(1) Adoption. Beginning...board of directors shall have in effect at all times a risk management policy that addresses the Bank's...

  7. Continuous Risk Management at NASA

    NASA Technical Reports Server (NTRS)

    Hammer, Theodore F.; Rosenberg, Linda

    1999-01-01

    NPG 7120.5A, "NASA Program and Project Management Processes and Requirements" enacted in April, 1998, requires that "The program or project manager shall apply risk management principles..." The Software Assurance Technology Center (SATC) at NASA GSFC has been tasked with the responsibility for developing and teaching a systems level course for risk management that provides information on how to comply with this edict. The course was developed in conjunction with the Software Engineering Institute at Carnegie Mellon University, then tailored to the NASA systems community. This presentation will briefly discuss the six functions for risk management: (1) Identify the risks in a specific format; (2) Analyze the risk probability, impact/severity, and timeframe; (3) Plan the approach; (4) Track the risk through data compilation and analysis; (5) Control and monitor the risk; (6) Communicate and document the process and decisions. This risk management structure of functions has been taught to projects at all NASA Centers and is being successfully implemented on many projects. This presentation will give project managers the information they need to understand if risk management is to be effectively implemented on their projects at a cost they can afford.

  8. NGNP Risk Management Database: A Model for Managing Risk

    SciTech Connect

    John Collins

    2009-09-01

    To facilitate the implementation of the Risk Management Plan, the Next Generation Nuclear Plant (NGNP) Project has developed and employed an analytical software tool called the NGNP Risk Management System (RMS). A relational database developed in Microsoft® Access, the RMS provides conventional database utility including data maintenance, archiving, configuration control, and query ability. Additionally, the tool’s design provides a number of unique capabilities specifically designed to facilitate the development and execution of activities outlined in the Risk Management Plan. Specifically, the RMS provides the capability to establish the risk baseline, document and analyze the risk reduction plan, track the current risk reduction status, organize risks by reference configuration system, subsystem, and component (SSC) and Area, and increase the level of NGNP decision making.

  9. Reinventing risk assessment and risk management

    SciTech Connect

    Belluck, D.A.; Benjamin, S.L.

    1995-12-31

    Proposed Congressional legislation focuses on reforming risk assessment through the use of mandated science techniques. Legislative interference in the selection and application of risk assessment methods and inputs by risk assessors will inevitably reduce risk assessment report credibility. Innovative regulatory science methods are needed which: require the use of more and better scientific inputs; can reduce compliance costs; and do not sacrifice environmental protection. These include: Incentive Based Permitting -- Provide expedited permits to regulated parties producing high quality risk assessments that clearly demonstrate risks at some percentage of applicable risk criteria. Use desktop and bioassay methods to verify achievement of environmental protection requirements after facility is operational. Incentive Based Remediation -- Soil cleanup concentrations based on the physical and chemical properties of remediated, not pre-remediated soils. Based on selection and use of remediation technologies that protect or enhance remediated soil properties and, as a result, reduce contaminant mobility or bioavailability. Incentive Based Comparative Risk Analysis -- Use bioassays in addition to traditional desktop analysis procedures to compare risks contaminated and reference media (e.g. soils and sediments). Run side-by-side bioassays to determine whether contaminated medium toxicity is less than, equal to, or greater than reference medium, which by definition is at acceptable risk levels. Establishes use of biological response ``bright lines``. Risk Management Decision Documents -- Produce risk management decisions making documents of equal rigor to risk assessment reports. These innovative suggestions are implementable today without passage of any new legislation. They provide enhanced and verifiable environmental protection solutions while encouraging use of less expensive compliance solutions.

  10. Reinventing risk assessment and risk management

    SciTech Connect

    Belluck, D.A.; Benjamin, S.L.

    1995-12-31

    Proposed Congressional legislation focuses on reforming risk assessment through the use of mandated science techniques. Legislative interference in the selection and application of risk assessment methods and inputs by risk assessors will inevitably reduce risk assessment report credibility. Innovative regulatory science methods are needed which: require the use of more and better scientific inputs; can reduce compliance costs; and do not sacrifice environmental protection. Incentive based permitting provides expedited permits to regulated parties producing high quality risk assessments that clearly demonstrate risks at some percentage of applicable risk criteria. Using desktop and bioassay methods verifies achievement of environmental protection requirements after the facility is operational. Incentive based remediation provides soil cleanup concentrations based on the physical and chemical properties of remediated, not pre-remediated soils. Incentives should be based on selection and use of remediation technologies that protect or enhance remediated soil properties and, as a result, reduce contaminant mobility or bioavailability. Incentive based comparative risk analysis should use bioassays in addition to traditional desktop analysis procedures to compare risks contaminated and reference media. Side-by-side bioassays should be run to determine whether contaminated medium toxicity is less than, equal to, or greater than reference medium, which by definition is at acceptable risk levels. This establishes the use of biological response ``bright lines``. Risk management decision documents produce risk management decisions making documents of equal rigor to risk assessment reports. These innovative suggestions are implementable today without passage of any new legislation. They provide enhanced and verifiable environmental protection solutions while encouraging use of less expensive compliance solutions.

  11. Risk Management Issues - An Aerospace Perspective

    NASA Technical Reports Server (NTRS)

    Perera, Jeevan S.

    2011-01-01

    Phased-approach for implementation of risk management is necessary. Risk management system will be simple, accessible and promote communication of information to all relevant stakeholders for optimal resource allocation and risk mitigation. Risk management should be used by all team members to manage risks--risk office personnel. Each group is assigned Risk Integrators who are facilitators for effective risk management. Risks will be managed at the lowest-level feasible, elevate only those risks that require coordination or management from above. Risk reporting and communication is an essential element of risk management and will combine both qualitative and quantitative elements.. Risk informed decision making should be introduced to all levels of management. Provide necessary checks and balances to insure that risks are caught/identified and dealt with in a timely manner, Many supporting tools, processes & training must be deployed for effective risk management implementation. Process improvement must be included in the risk processes.

  12. RMI 357e spring 2013 Risk Management

    E-print Network

    Ghosh, Joydeep

    RMI 357e ­ spring 2013 1 Risk Management R M 357e Professor: Christopher McClellan Office: CBA 3 thomaspjacob@utexas.edu Syllabus ­ spring 2013 Textbook Risk Management for Enterprises and Individuals, v.1://students.flatworldknowledge.com/course/1112649 Risk Management: 357E. Risk Management - Upper-Division Course Principles of risk management

  13. Enterprise Risk Management Plan December 2014

    E-print Network

    1 Enterprise Risk Management Plan FY 2015 December 2014 #12;2 Enterprise Risk Management Plan, FY 2015 Introduction Enterprise Risk Management (ERM) at the Texas A&M Transportation Institute (TTI's objective is to adopt best business practices in managing risks. TTI's Enterprise Risk Management program

  14. Continuous Risk Management

    NASA Technical Reports Server (NTRS)

    Sabelhaus, Phil

    2002-01-01

    Risk identification is an ongoing activity that takes place during the routine project work flow. Project activities such as programmatic and technical meetings, telecons, reviews, and other forms of communication often bring to light project risks. When this occurs, we record and analyze the risk on a Risk Information Sheet. This process helps the project team identify and cope with project risks throughout the life of the project.

  15. Knowledge management: an innovative risk management strategy.

    PubMed

    Zipperer, Lorri; Amori, Geri

    2011-01-01

    Knowledge management effectively lends itself to the enterprise risk process. The authors introduce the concept of knowledge management as a strategy to drive innovation and support risk management. They align this work with organizational efforts to improve patient safety and quality through the effective sharing of experience and lessons learned. The article closes with suggestions on how to develop a knowledge management initiative at an organization, who should be on the team, and how to sustain this effort and build the culture it requires to drive success. PMID:21506198

  16. 12 CFR 932.1 - Risk management.

    Code of Federal Regulations, 2010 CFR

    2010-01-01

    ...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...

  17. Financial Policy Manual RISK MANAGEMENT POLICIES

    E-print Network

    Plotkin, Joshua B.

    Financial Policy Manual Page 1 RISK MANAGEMENT POLICIES 2601 Departmental Scope & Responsibility;Financial Policy Manual Page 1 2601 DEPARTMENTAL SCOPE & RESPONSIBILITY Subject: Risk Management & Insurance Effective: December 1986 Revised: May 2011 Last Reviewed: March 2014 Resp. Office: Risk Management

  18. 76 FR 45724 - Clearing Member Risk Management

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-08-01

    ...existing sound risk management program at a DCO or...obligations. As is the case with DCOs, clearing...an essential risk management tool. The purpose...losses. As was the case with the DCO risk management proposal, the...

  19. Risk Management In Major Projects 

    E-print Network

    Baker, Scott William

    The integration of risk management in major projects within the construction and oil and gas industries has never been more significant especially as these projects are becoming larger and more complex. The increased ...

  20. CLIMATE RISK MANAGEMENT AND AGRICULTURE

    E-print Network

    Smerdon, Jason E.

    with the U.N. Food and Agriculture Organization to develop mapping tools to monitor desert-locust conditionsCLIMATE RISK MANAGEMENT AND AGRICULTURE Agriculture is the source of livelihood and sustenance for the majority of the Earth's poor and an engine of economic growth in much of the developing world. Climate risk

  1. Space flight risk data collection and analysis project: Risk and reliability database

    NASA Technical Reports Server (NTRS)

    1994-01-01

    The focus of the NASA 'Space Flight Risk Data Collection and Analysis' project was to acquire and evaluate space flight data with the express purpose of establishing a database containing measurements of specific risk assessment - reliability - availability - maintainability - supportability (RRAMS) parameters. The developed comprehensive RRAMS database will support the performance of future NASA and aerospace industry risk and reliability studies. One of the primary goals has been to acquire unprocessed information relating to the reliability and availability of launch vehicles and the subsystems and components thereof from the 45th Space Wing (formerly Eastern Space and Missile Command -ESMC) at Patrick Air Force Base. After evaluating and analyzing this information, it was encoded in terms of parameters pertinent to ascertaining reliability and availability statistics, and then assembled into an appropriate database structure.

  2. Risk analysis and management

    NASA Technical Reports Server (NTRS)

    Smith, H. E.

    1990-01-01

    Present software development accomplishments are indicative of the emerging interest in and increasing efforts to provide risk assessment backbone tools in the manned spacecraft engineering community. There are indications that similar efforts are underway in the chemical processes industry and are probably being planned for other high risk ground base environments. It appears that complex flight systems intended for extended manned planetary exploration will drive this technology.

  3. Issue Management Risk Ranking Systems

    SciTech Connect

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

    1999-06-01

    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.

  4. Issue Management Risk Ranking Systems

    SciTech Connect

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

    1999-06-01

    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.

  5. Risk management in radiology departments

    PubMed Central

    Craciun, Horea; Mankad, Kshitij; Lynch, Jeremy

    2015-01-01

    Medical imaging and interventional radiology sustained prompt changes in the last few years, mainly as a result of technology breakthroughs, rise in workload, deficit in workforce and globalization. Risk is considered to be the chance or possibility of incurring loss or of a negative event happening that may cause injury to patients or medical practitioners. There are various causes of risks leading to harm and injury in radiology departments, and it is one of the objectives of this paper to scrutinize some of the causes. This will drive to consideration of some of the approaches that are used in managing risks in radiology. This paper aims at investigating risk management in radiology, and this will be achieved through a thorough assessment of the risk control measures that are used in the radiology department. It has been observed that the major focus of risk management in such medical setting is to reduce and eliminate harm and injury to patients through integration of various medical precautions. The field of Radiology is rapidly evolving due to technology advances and the globalization of healthcare. This ongoing development will have a great impact on the level of quality of care and service delivery. Thus, risk management in radiology is essential in protecting the patients, radiologists, and the medical organization in terms of capital and widening of the reputation of the medical organization with the patients. PMID:26120383

  6. Shuttle Risk Progression: Use of the Shuttle Probabilistic Risk Assessment (PRA) to Show Reliability Growth

    NASA Technical Reports Server (NTRS)

    Hamlin, Teri L.

    2011-01-01

    It is important to the Space Shuttle Program (SSP), as well as future manned spaceflight programs, to understand the early mission risk and progression of risk as the program gains insights into the integrated vehicle through flight. The risk progression is important to the SSP as part of the documentation of lessons learned. The risk progression is important to future programs to understand reliability growth and the first flight risk. This analysis uses the knowledge gained from 30 years of operational flights and the current Shuttle PRA to calculate the risk of Loss of Crew and Vehicle (LOCV) at significant milestones beginning with the first flight. Key flights were evaluated based upon historical events and significant re-designs. The results indicated that the Shuttle risk tends to follow a step function as opposed to following a traditional reliability growth pattern where risk exponentially improves with each flight. In addition, it shows that risk can increase due to trading safety margin for increased performance or due to external events. Due to the risk drivers not being addressed, the risk did not improve appreciably during the first 25 flights. It was only after significant events occurred such as Challenger and Columbia, where the risk drivers were apparent, that risk was significantly improved. In addition, this paper will show that the SSP has reduced the risk of LOCV by almost an order of magnitude. It is easy to look back afte r 30 years and point to risks that are now obvious, however; the key is to use this knowledge to benefit other programs which are in their infancy stages. One lesson learned from the SSP is understanding risk drivers are essential in order to considerably reduce risk. This will enable the new program to focus time and resources on identifying and reducing the significant risks. A comprehensive PRA, similar to that of the Shuttle PRA, is an effective tool quantifying risk drivers if support from all of the stakeholders is given.

  7. RISK MANAGEMENT POLICY (as revised October 2008)

    E-print Network

    Kaduk, Joerg

    a report to the Audit Committee and thence to Council. #12;3 Risk management as part of the system1 RISK MANAGEMENT POLICY (as revised October 2008) 1. This risk management policy (`the policy explains the University's underlying approach to risk management, and documents the roles

  8. Risk Management Structured for Today's Environment

    NASA Technical Reports Server (NTRS)

    Greenfield, Michael A.

    1998-01-01

    In NPG (NASA Procedures and Guidelines) 7120.5A, we define risk management as "an organized, systematic decision-making process that efficiently identifies, analyzes, plans, tracks, controls, and communicates and documents risk in order to increase the likelihood of achieving program/project goals." Effective risk management depends upon a thorough understanding of the concept of risk, the principles of risk management and the formation of a disciplined risk management process. In human spaceflight programs, NASA has always maintained a rigorous and highly structured risk management effort. When lives are at stake, NASA's missions must be 100% safe; the risk management approach used in human spaceflight has always been comprehensive.

  9. 12 CFR 917.3 - Risk management.

    Code of Federal Regulations, 2014 CFR

    2014-01-01

    ... 12 Banks and Banking 8 2014-01-01 2014-01-01 false Risk management. 917.3 Section 917.3 Banks and Banking FEDERAL HOUSING FINANCE BOARD GOVERNANCE AND MANAGEMENT OF THE FEDERAL HOME LOAN BANKS POWERS AND RESPONSIBILITIES OF BANK BOARDS OF DIRECTORS AND SENIOR MANAGEMENT § 917.3 Risk management. (a) Risk management policy—(1) Adoption....

  10. 12 CFR 917.3 - Risk management.

    Code of Federal Regulations, 2012 CFR

    2012-01-01

    ... 12 Banks and Banking 8 2012-01-01 2012-01-01 false Risk management. 917.3 Section 917.3 Banks and Banking FEDERAL HOUSING FINANCE BOARD GOVERNANCE AND MANAGEMENT OF THE FEDERAL HOME LOAN BANKS POWERS AND RESPONSIBILITIES OF BANK BOARDS OF DIRECTORS AND SENIOR MANAGEMENT § 917.3 Risk management. (a) Risk management policy—(1) Adoption....

  11. Managing Corporate Risk through Better Knowledge Management

    ERIC Educational Resources Information Center

    Neef, Dale

    2005-01-01

    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…

  12. PFPC: Building an IT Risk Management Competency

    E-print Network

    Westerman, George

    2005-07-29

    IT Risk management is becoming increasingly important for CIOs and their executive counterparts. Educators and managers have materials they can use to discuss specific IT risks in project management, security and other ...

  13. Managing risk, clinical error, and quality of care.

    PubMed

    Milne, J Kenneth

    2002-09-01

    Clinical risk presents enormous challenges for the health profession and governments. Despite excellent national and regional programs focused on the management of obstetrical conditions and prevention of newborn injury, an environment of clinical error persists; according to Canadian Medical Protective Association data, each year 6% of Canadian obstetricians face a legal challenge, with most cases also involving nurses and hospitals. Principles and lessons learned from risk management developed in high reliability organizations (HROs), such as air traffic controllers and nuclear power plants, can be applied to risk management in perinatal/obstetrical units. In 2002, the Society of Obstetricians and Gynaecologists of Canada will launch an obstetrical risk management program called "Managing Obstetrical Risk Efficiently" (MORE), integrating labour and delivery clinical core content with HRO principles and reflective learning and practice modification tools designed to help all obstetrical caregivers build and maintain confidence and competency, improve patient safety and quality of care, and reduce clinical error and adverse events. PMID:12360367

  14. A high reliability battery management system

    NASA Technical Reports Server (NTRS)

    Moody, M. H.

    1986-01-01

    Over a period of some 5 years Canadian Astronautics Limited (CAL) has developed a system to autonomously manage, and thus prolong the life of, secondary storage batteries. During the development, the system was aimed at the space vehicle application using nickel cadmium batteries, but is expected to be able to enhance the life and performance of any rechargeable electrochemical couple. The system handles the cells of a battery individually and thus avoids the problems of over, and under, drive that inevitably occur in a battery of cells managed by an averaging system. This individual handling also allow cells to be totally bypassed in the event of failure, thus avoiding the losses associated with low capacity, partial short circuit, and the catastrophe of open circuit. The system has an optional capability of managing redundant batteries simultaneously, adding the advantage of on line reconditioning of one battery, while the other maintains the energy storage capability of the overall system. As developed, the system contains a dedicated, redundant, microprocessor, but the capability exists to have this computing capability time shared, or remote, and operating through a data link. As adjuncts to the basic management system CAL has developed high efficiency, polyphase, power regulators for charge and discharge power conditioning.

  15. Structured prototyping as risk management

    NASA Technical Reports Server (NTRS)

    Hornstein, Rhoda SH.; Gardner, J. A.; Willoughby, J. K.

    1991-01-01

    A methodology is presented for integrating the systems-engineering management recommendation of prototyping into the traditional project-management process for developing large-scale systems. The suggested methodology begins with the identification of life-cycle risk areas, outlines the structure and conduct of the prototyping process, and defines the composition of the prototyping team. The methodology includes a step-by-step procedure for creating, executing, and documenting a prototyping test plan to evaluate design alternatives. It is argued that managers who adopt this methodology and apply it rigorously will increase the likelihood that the systems they build will be operationally effective and will be accepted by the intended users.

  16. 12 CFR 917.3 - Risk management.

    Code of Federal Regulations, 2013 CFR

    2013-01-01

    ... 12 Banks and Banking 8 2013-01-01 2013-01-01 false Risk management. 917.3 Section 917.3 Banks and Banking FEDERAL HOUSING FINANCE BOARD GOVERNANCE AND MANAGEMENT OF THE FEDERAL HOME LOAN BANKS POWERS AND RESPONSIBILITIES OF BANK BOARDS OF DIRECTORS AND SENIOR MANAGEMENT § 917.3 Risk management. (a) Risk...

  17. Hanford Tanks Initiative risk management guide

    SciTech Connect

    Schaus, P.S.

    1997-10-29

    This project-specific Risk Management Guide describes the general approach and process being used by the HTI Project to manage risk associated with execution of the HTI mission. It includes the initial identification of risk and the quantification of its likelihood and severity of its consequences. It further addresses the formulation of risk mitigation plans, periodic statusing of the Risk Management List, and risk closure.

  18. EDC- ENDOCRINE DISRUPTORS: RISK MANAGEMENT

    EPA Science Inventory

    Risk management research is needed to evaluate and develop tools for destroying or containing EDCs in soils at Superfund sites or in contaminated sediments. Engineering controls should be developed to address human exposure associated with EDCs in chemical production plants. Po...

  19. Human Resources, Safety & Risk Management

    E-print Network

    Ovchinnikov, Sergei

    1 Human Resources, Safety & Risk Management 1600 Holloway Avenue, ADM 252 San Francisco, California, cardio exercise. Activity Date(s) and Time(s): During San Francisco State University Campus Recreation participation in this Activity, including travel to, from and during the Activity. I am voluntarily

  20. A framework for managing risk-based managed care contracts.

    PubMed

    Nugent, Michael

    2013-12-01

    To prepare for managing risk-based contracts with payers and other purchasers, providers should: Identify operational, competitive, and financial risks associated with the relevant patient populations. Improve organizational abilities related to patient care management, which is the key to managing operational risk. Address the competitive risks that can ensue when traditional lines of demarcation between providers and payers are crossed. Adopt strategies and tactics to manage financial risk, beyond buying malpractice and stop-loss insurance. PMID:24380254

  1. [Risk and risk management in aviation].

    PubMed

    Müller, Manfred

    2004-10-01

    RISK MANAGEMENT: The large proportion of human errors in aviation accidents suggested the solution--at first sight brilliant--to replace the fallible human being by an "infallible" digitally-operating computer. However, even after the introduction of the so-called HITEC-airplanes, the factor human error still accounts for 75% of all accidents. Thus, if the computer is ruled out as the ultimate safety system, how else can complex operations involving quick and difficult decisions be controlled? OPTIMIZED TEAM INTERACTION/PARALLEL CONNECTION OF THOUGHT MACHINES: Since a single person is always "highly error-prone", support and control have to be guaranteed by a second person. The independent work of mind results in a safety network that more efficiently cushions human errors. NON-PUNITIVE ERROR MANAGEMENT: To be able to tackle the actual problems, the open discussion of intervened errors must not be endangered by the threat of punishment. It has been shown in the past that progress is primarily achieved by investigating and following up mistakes, failures and catastrophes shortly after they happened. HUMAN FACTOR RESEARCH PROJECT: A comprehensive survey showed the following result: By far the most frequent safety-critical situation (37.8% of all events) consists of the following combination of risk factors: 1. A complication develops. 2. In this situation of increased stress a human error occurs. 3. The negative effects of the error cannot be corrected or eased because there are deficiencies in team interaction on the flight deck. This means, for example, that a negative social climate has the effect of a "turbocharger" when a human error occurs. It needs to be pointed out that a negative social climate is not identical with a dispute. In many cases the working climate is burdened without the responsible person even noticing it: A first negative impression, too much or too little respect, contempt, misunderstandings, not expressing unclear concern, etc. can considerably reduce the efficiency of a team. PMID:15595595

  2. An Extensible Information Grid for Risk Management

    NASA Technical Reports Server (NTRS)

    Maluf, David A.; Bell, David G.

    2003-01-01

    This paper describes recent work on developing an extensible information grid for risk management at NASA - a RISK INFORMATION GRID. This grid is being developed by integrating information grid technology with risk management processes for a variety of risk related applications. To date, RISK GRID applications are being developed for three main NASA processes: risk management - a closed-loop iterative process for explicit risk management, program/project management - a proactive process that includes risk management, and mishap management - a feedback loop for learning from historical risks that escaped other processes. This is enabled through an architecture involving an extensible database, structuring information with XML, schemaless mapping of XML, and secure server-mediated communication using standard protocols.

  3. Risk Management for Human Support Technology Development

    NASA Technical Reports Server (NTRS)

    jones, Harry

    2005-01-01

    NASA requires continuous risk management for all programs and projects. The risk management process identifies risks, analyzes their impact, prioritizes them, develops and carries out plans to mitigate or accept them, tracks risks and mitigation plans, and communicates and documents risk information. Project risk management is driven by the project goal and is performed by the entire team. Risk management begins early in the formulation phase with initial risk identification and development of a risk management plan and continues throughout the project life cycle. This paper describes the risk management approach that is suggested for use in NASA's Human Support Technology Development. The first step in risk management is to identify the detailed technical and programmatic risks specific to a project. Each individual risk should be described in detail. The identified risks are summarized in a complete risk list. Risk analysis provides estimates of the likelihood and the qualitative impact of a risk. The likelihood and impact of the risk are used to define its priority location in the risk matrix. The approaches for responding to risk are either to mitigate it by eliminating or reducing the effect or likelihood of a risk, to accept it with a documented rationale and contingency plan, or to research or monitor the risk, The Human Support Technology Development program includes many projects with independently achievable goals. Each project must do independent risk management, considering all its risks together and trading them against performance, budget, and schedule. Since the program can succeed even if some projects fail, the program risk has a complex dependence on the individual project risks.

  4. Risk Management in Lean Product Development

    E-print Network

    Oehmen, Josef

    This whitepaper summarizes 15 years of research conducted at MIT's Lean Advancement Initiative on the topic of risk management in product design and development. It discusses current challenges in risk management for product ...

  5. High performance in Procurement Risk Management

    E-print Network

    Olsha, Maya (Olsha-Yehiav)

    2010-01-01

    Research on Procurement Risk Management has been conducted by Accenture and MIT in order to identify the best practices used to manage commodity price volatility and supplier risk. In today's increasingly turbulent market ...

  6. Risk management practices in global manufacturing investment

    E-print Network

    Kumar, Mukesh

    2010-07-06

    This thesis explores risk management practices in global manufacturing investment. It reflects the growing internationalisation of manufacturing and the increasing complexity and fragmentation of manufacturing systems. Issues of risk management have...

  7. Risk Management Practices and Accounting Requirements.

    ERIC Educational Resources Information Center

    Cheng, Rita Hartung; Yahr, Robert B.

    1989-01-01

    Reviews current school district risk management practices and the related accounting requirements. Summarizes the Governmental Accounting Standards Board's proposed accounting standards and the impact of these on school districts' risk management practices and on their financial statements. (11 references) (MLF)

  8. READ AND SIGN THE PARTIAL ASSUMPTION OF RISK ON REVERSE Risk Management 12/2012 Risk Management

    E-print Network

    Cina, Jeff

    READ AND SIGN THE PARTIAL ASSUMPTION OF RISK ON REVERSE Risk Management 12/2012 Risk Management Conditions of Volunteer Service Please send completed form to the Office of Risk Management: riskmanagement ___________________________________________ (name/title of department supervisor) and the Office of Risk Management, (541) 346-8316, within 24 hours

  9. The Risk Management Program Rule

    SciTech Connect

    Eggleston, T.

    1997-08-01

    The Risk Management Program (RMP) Rule was promulgated on May 24, 1996. Affected facilities will have three years to come into compliance. This long anticipated federal rule is mandated by section 112(r) of the Clean Air Act Amendments of 1990. It requires facilities to develop and implement appropriate risk management programs to minimize the frequency and severity of plant accidents. In keeping with recent regulatory trends, the USEPA is requiring a performance-based approach towards compliance with the RMP Rule. Affected facilities are either subject to the OSHA PSM Rule, or store one of the listed chemicals above the specified threshold quantity. Examples of affected facilities include chemical manufacturers, petrochemical plants, electronic and semiconductor manufacturers, pulp and paper mills, textile manufacturers, food and cold storage plants, and public services. This paper will present an overview of the RMP, and the status of the implementation of the RMP. Several different approaches utilized in compliance with the rule will be described.

  10. 42 CFR 441.476 - Risk management.

    Code of Federal Regulations, 2010 CFR

    2010-10-01

    ...2010-10-01 2010-10-01 false Risk management. 441.476 Section 441...Services Program § 441.476 Risk management. (a) The State must specify...The State must ensure that the risk management plan is the result of...

  11. East Carolina University Enterprise Risk Management Committee

    E-print Network

    Gopalakrishnan, K.

    - departmental concern in the areas of internal controls, safety, risk management, and compliance. ServeEast Carolina University Enterprise Risk Management Committee Membership: Consists of 38 members and Responsibilities: Facilitate discussion of enterprise risk management topics, best practices, and items of inter

  12. Risk Management University of California, Santa Barbara

    E-print Network

    Barbara events, caterers must furnish to the UC Santa Barbara Risk Management Office a CertificateRisk Management University of California, Santa Barbara 1/4/10 FR: Lee Mudrick, Insurance Administrator UC Santa Barbara Risk Management Environmental Health & Safety Bldg. University of California

  13. 12 CFR 932.1 - Risk management.

    Code of Federal Regulations, 2013 CFR

    2013-01-01

    ... 12 Banks and Banking 8 2013-01-01 2013-01-01 false Risk management. 932.1 Section 932.1 Banks and Banking FEDERAL HOUSING FINANCE BOARD FEDERAL HOME LOAN BANK RISK MANAGEMENT AND CAPITAL STANDARDS FEDERAL HOME LOAN BANK CAPITAL REQUIREMENTS § 932.1 Risk management. Before its new capital plan may...

  14. 12 CFR 932.1 - Risk management.

    Code of Federal Regulations, 2010 CFR

    2010-01-01

    ... 12 Banks and Banking 7 2010-01-01 2010-01-01 false Risk management. 932.1 Section 932.1 Banks and Banking FEDERAL HOUSING FINANCE BOARD FEDERAL HOME LOAN BANK RISK MANAGEMENT AND CAPITAL STANDARDS FEDERAL HOME LOAN BANK CAPITAL REQUIREMENTS § 932.1 Risk management. Before its new capital plan may...

  15. 12 CFR 932.1 - Risk management.

    Code of Federal Regulations, 2012 CFR

    2012-01-01

    ... 12 Banks and Banking 8 2012-01-01 2012-01-01 false Risk management. 932.1 Section 932.1 Banks and Banking FEDERAL HOUSING FINANCE BOARD FEDERAL HOME LOAN BANK RISK MANAGEMENT AND CAPITAL STANDARDS FEDERAL HOME LOAN BANK CAPITAL REQUIREMENTS § 932.1 Risk management. Before its new capital plan may take effect, each Bank shall obtain the...

  16. 12 CFR 932.1 - Risk management.

    Code of Federal Regulations, 2011 CFR

    2011-01-01

    ... 12 Banks and Banking 7 2011-01-01 2011-01-01 false Risk management. 932.1 Section 932.1 Banks and Banking FEDERAL HOUSING FINANCE BOARD FEDERAL HOME LOAN BANK RISK MANAGEMENT AND CAPITAL STANDARDS FEDERAL HOME LOAN BANK CAPITAL REQUIREMENTS § 932.1 Risk management. Before its new capital plan may take effect, each Bank shall obtain the...

  17. 12 CFR 932.1 - Risk management.

    Code of Federal Regulations, 2014 CFR

    2014-01-01

    ... 12 Banks and Banking 8 2014-01-01 2014-01-01 false Risk management. 932.1 Section 932.1 Banks and Banking FEDERAL HOUSING FINANCE BOARD FEDERAL HOME LOAN BANK RISK MANAGEMENT AND CAPITAL STANDARDS FEDERAL HOME LOAN BANK CAPITAL REQUIREMENTS § 932.1 Risk management. Before its new capital plan may take effect, each Bank shall obtain the...

  18. Managing Risk Assessment in Science Departments.

    ERIC Educational Resources Information Center

    Forlin, Peter; Forlin, Chris

    1997-01-01

    Describes a health-and-safety risk-management audit in four Queensland, Australia high schools. One major outcome of this research project is the development of a comprehensive risk-management policy in compliance with the law. Other outcomes include the preparation of a professional-development package in risk-management policy for use as a…

  19. You can manage construction risks.

    PubMed

    Macomber, J D

    1989-01-01

    A construction project is about the riskiest thing any company does in the normal course of business. Hundreds of things can go wrong, dozens will. But officers who analyze and manage every other sort of risk often ignore construction risk as if it were uncontrollable. The truth is, it can't be eliminated, but it can be controlled. Construction is not a product but a confusing and often exasperating service. A group of experts--architects, bankers, consultants, contractors, engineers, users, city officials--coordinate the activities of an army of suppliers, laborers, designers, subcontractors, and inspectors. The job of the company officers is to coordinate the coordinators; to make prompt, informed decisions as the work progresses; to take and retain project responsibility at the highest level; and to analyze and manage the entire process in the following seven stages: 1. Study the types and phases of construction risk. 2. Assess the risks of the company's particular project. 3. Match these risks with the in-house capabilities. 4. Define a building strategy. 5. Pick the right kind of contract. 6. Choose a contractor. 7. Monitor construction. Analyzing risk is largely a matter of assessing the complexity of the building, the site, the financing, the schedule, and the special uses and problems of the project. This analysis then drives the choice of contract and contractor. The range runs from low-cost providers, lump sum contracts and very little teamwork at one end of the spectrum to highly differentiated construction companies, guaranteed-maximum-prince contracts, and consultative coordination at the other. PMID:10292513

  20. 13.19 Risk Management Page 1 of 5 Risk Management

    E-print Network

    Hung, I-Kuai

    and in the community. The function of risk management is to minimize the adverse effects of events, be it physical13.19 Risk Management Page 1 of 5 Risk Management Original Implementation: August 2, 1994 Last on the concepts of safety and risk management. By demonstrating the ability to analyze exposure to loss

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

    SciTech Connect

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

    2011-07-17

    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.

  2. Risk Management in High Adventure Outdoor Pursuits.

    ERIC Educational Resources Information Center

    Cinnamon, Jerry

    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),…

  3. Laboratory Information Management System Chain of Custody: Reliability and Security

    PubMed Central

    Tomlinson, J. J.; Elliott-Smith, W.; Radosta, T.

    2006-01-01

    A chain of custody (COC) is required in many laboratories that handle forensics, drugs of abuse, environmental, clinical, and DNA testing, as well as other laboratories that want to assure reliability of reported results. Maintaining a dependable COC can be laborious, but with the recent establishment of the criteria for electronic records and signatures by US regulatory agencies, laboratory information management systems (LIMSs) are now being developed to fully automate COCs. The extent of automation and of data reliability can vary, and FDA- and EPA-compliant electronic signatures and system security are rare. PMID:17671623

  4. Enterprise Risk Management: Review, Critique, and Research Directions

    E-print Network

    Bromiley, P; McShane, M; Nair, A; Rustambekov, E

    2015-01-01

    calculative cultures. Management Accounting Research 20 (1),risk management. Management Accounting Quarterly 5 (2),management, risk contingency allocation, dynamic capabilities, liability of multinationality and accounting

  5. Calysto: Risk Management for Commercial Manned Spaceflight

    NASA Technical Reports Server (NTRS)

    Dillaman, Gary

    2012-01-01

    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 SharePoint team is used and referenced throughout the study. Calysto is a web-base tool built on Microsoft's SharePoint platform. The risk management process at NASA is examined and incorporated in the study. Using risk management standards from industry and specific organizations at the Kennedy Space Center, three methods of communicating and elevating risk are examined. Each method describes details of the effectiveness and plausibility of using the method in the Calysto Risk Management Tool. At the end of the study suggestions are made for future renditions of Calysto.

  6. Imagining flood futures: risk assessment and management in practice.

    PubMed

    Lane, Stuart N; Landström, Catharina; Whatmore, Sarah J

    2011-05-13

    The mantra that policy and management should be 'evidence-based' is well established. Less so are the implications that follow from 'evidence' being predictions of the future (forecasts, scenarios, horizons) even though such futures define the actions taken today to make the future sustainable. Here, we consider the tension between 'evidence', reliable because it is observed, and predictions of the future, unobservable in conventional terms. For flood risk management in England and Wales, we show that futures are actively constituted, and so imagined, through 'suites of practices' entwining policy, management and scientific analysis. Management has to constrain analysis because of the many ways in which flood futures can be constructed, but also because of commitment to an accounting calculus, which requires risk to be expressed in monetary terms. It is grounded in numerical simulation, undertaken by scientific consultants who follow policy/management guidelines that define the futures to be considered. Historical evidence is needed to deal with process and parameter uncertainties and the futures imagined are tied to pasts experienced. Reliance on past events is a challenge for prediction, given changing probability (e.g. climate change) and consequence (e.g. development on floodplains). So, risk management allows some elements of risk analysis to become unstable (notably in relation to climate change) but forces others to remain stable (e.g. invoking regulation to prevent inappropriate floodplain development). We conclude that the assumed separation of risk assessment and management is false because the risk calculation has to be defined by management. Making this process accountable requires openness about the procedures that make flood risk analysis more (or less) reliable to those we entrust to produce and act upon them such that, unlike the 'pseudosciences', they can be put to the test of public interrogation by those who have to live with their consequences. PMID:21464071

  7. Reliability, Risk and Cost Trade-Offs for Composite Designs

    NASA Technical Reports Server (NTRS)

    Shiao, Michael C.; Singhal, Surendra N.; Chamis, Christos C.

    1996-01-01

    Risk and cost trade-offs have been simulated using a probabilistic method. The probabilistic method accounts for all naturally-occurring uncertainties including those in constituent material properties, fabrication variables, structure geometry and loading conditions. The probability density function of first buckling load for a set of uncertain variables is computed. The probabilistic sensitivity factors of uncertain variables to the first buckling load is calculated. The reliability-based cost for a composite fuselage panel is defined and minimized with respect to requisite design parameters. The optimization is achieved by solving a system of nonlinear algebraic equations whose coefficients are functions of probabilistic sensitivity factors. With optimum design parameters such as the mean and coefficient of variation (representing range of scatter) of uncertain variables, the most efficient and economical manufacturing procedure can be selected. In this paper, optimum values of the requisite design parameters for a predetermined cost due to failure occurrence are computationally determined. The results for the fuselage panel analysis show that the higher the cost due to failure occurrence, the smaller the optimum coefficient of variation of fiber modulus (design parameter) in longitudinal direction.

  8. NPTool: Towards Scalability and Reliability of Business Process Management

    NASA Astrophysics Data System (ADS)

    Braghetto, Kelly Rosa; Ferreira, João Eduardo; Pu, Calton

    Currently one important challenge in business process management is provide at the same time scalability and reliability of business process executions. This difficulty becomes more accentuated when the execution control assumes complex countless business processes. This work presents NavigationPlanTool (NPTool), a tool to control the execution of business processes. NPTool is supported by Navigation Plan Definition Language (NPDL), a language for business processes specification that uses process algebra as formal foundation. NPTool implements the NPDL language as a SQL extension. The main contribution of this paper is a description of the NPTool showing how the process algebra features combined with a relational database model can be used to provide a scalable and reliable control in the execution of business processes. The next steps of NPTool include reuse of control-flow patterns and support to data flow management.

  9. Engineering for reliability in at-home chronic disease management

    PubMed Central

    Kendall, Logan; Eschler, Jordan; Lozano, Paula; McClure, Jennifer B.; Vizer, Lisa M.; Ralston, James D.; Pratt, Wanda

    2014-01-01

    Individuals with chronic conditions face challenges with maintaining lifelong adherence to self-management activities. Although reminders can help support the cognitive demands of managing daily and future health tasks, we understand little of how they fit into people’s daily lives. Utilizing a maximum variation sampling method, we interviewed and compared the experiences of 20 older adults with diabetes and 19 mothers of children with asthma to understand reminder use for at-home chronic disease management. Based on our participants’ experiences, we contend that many self-management failures should be viewed as systems failures, rather than individual failures and non-compliance. Furthermore, we identify key principles from reliability engineering that both explain current behavior and suggest strategies to improve patient reminder systems. PMID:25954384

  10. Audit and Risk Management Committee Charter Introduction

    E-print Network

    Rawlinson, Nick

    Audit and Risk Management Committee Charter Introduction 1. The Australian National University (ANU) Council has established the Audit and Risk Management Committee (the Committee) in compliance with section and assistance to the Council on the University's risk, control, compliance, internal audit and governance

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

    ERIC Educational Resources Information Center

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

    2004-01-01

    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…

  12. Managing Research in a Risk World

    NASA Technical Reports Server (NTRS)

    Anton, W.; Havenhill, M.

    2014-01-01

    The Office of Chief Medical Officer (OCHMO) owns all human health and performance risks managed by the Human System Risk Board (HSRB). While the HSRB manages the risks, the Human Research Program (HRP) manages the research portion of the overall risk mitigation strategy for these risks. The HSRB manages risks according to a process that identifies and analyzes risks, plans risk mitigation and tracks and reviews the implementation of these strategies according to its decisions pertaining to the OCHMO risk posture. HRP manages risk research work using an architecture that describes evidence-based risks, gaps in our knowledge about characterizing or mitigating the risk, and the tasks needed to produce deliverables to fill the gaps and reduce the risk. A planning schedule reflecting expected research milestones is developed, and as deliverables and new evidence are generated, research progress is tracked via the Path to Risk Reduction (PRR) that reflects a risk's research plan for a design reference mission. HRP's risk research process closely interfaces with the HSRB risk management process. As research progresses, new deliverables and evidence are used by the HSRB in conjunction with other operational and non-research evidence to inform decisions pertaining to the likelihood and consequence of the risk and risk posture. Those decisions in turn guide forward work for research as it contributes to overall risk mitigation strategies. As HRP tracks its research work, it aligns its priorities by assessing the effectiveness of its contributions and maintaining specific core competencies that would be invaluable for future work for exploration missions.

  13. Feedback on flood risk management

    NASA Astrophysics Data System (ADS)

    Moreau, K.; Roumagnac, A.

    2009-09-01

    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.

  14. 12 CFR 917.3 - Risk management.

    Code of Federal Regulations, 2010 CFR

    2010-01-01

    ... risk, including contingency plans where appropriate. (c) Risk assessment. The senior management of each Bank shall perform, at least annually, a risk assessment that is reasonably designed to identify and evaluate all material risks, including both quantitative and qualitative aspects, that could...

  15. 12 CFR 917.3 - Risk management.

    Code of Federal Regulations, 2011 CFR

    2011-01-01

    ... risk, including contingency plans where appropriate. (c) Risk assessment. The senior management of each Bank shall perform, at least annually, a risk assessment that is reasonably designed to identify and evaluate all material risks, including both quantitative and qualitative aspects, that could...

  16. Assessing and Managing Risk with Suicidal Individuals

    ERIC Educational Resources Information Center

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

    2012-01-01

    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…

  17. Continuous Risk Management: A NASA Program Initiative

    NASA Technical Reports Server (NTRS)

    Hammer, Theodore F.; Rosenberg, Linda

    1999-01-01

    NPG 7120.5A, "NASA Program and Project Management Processes and Requirements" enacted in April, 1998, requires that "The program or project manager shall apply risk management principles..." The Software Assurance Technology Center (SATC) at NASA GSFC has been tasked with the responsibility for developing and teaching a systems level course for risk management that provides information on how to comply with this edict. The course was developed in conjunction with the Software Engineering Institute at Carnegie Mellon University, then tailored to the NASA systems community. This presentation will briefly discuss the six functions for risk management: (1) Identify the risks in a specific format; (2) Analyze the risk probability, impact/severity, and timeframe; (3) Plan the approach; (4) Track the risk through data compilation and analysis; (5) Control and monitor the risk; (6) Communicate and document the process and decisions.

  18. Managing Risk in a Dynamic World Economy 

    E-print Network

    Harris, Harold M.; Benson, Geoffrey A.; Rosson, C. Parr

    1999-06-23

    This publication provides an overview of the globalization of U.S. agriculture, with special emphasis on implications for risk management. To be successful in a rapidly changing global environment, farmers will need a clear understanding of risk...

  19. Doctoral Education, Danger and Risk Management.

    ERIC Educational Resources Information Center

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

    2002-01-01

    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)

  20. Risk Policy and Risk Management Procedures The University's Risk Policy sets out The University's approach to risk and its

    E-print Network

    Aickelin, Uwe

    responsibility for assessing the effectiveness of risk management. The Audit Committee reportsRisk Policy and Risk Management Procedures Preface The University's Risk Policy sets out The University's approach to risk and its management together with the means for identifying, analysing

  1. ESMD Risk Management Workshop: Systems Engineering and Integration Risks

    NASA Technical Reports Server (NTRS)

    Thomas, L. Dale

    2005-01-01

    This report has been developed by the National Aeronautics and Space Administration (NASA) Exploration Systems Mission Directorate (ESMD) Risk Management team in close coordination with the Systems Engineering Team. This document provides a point-in-time, cumulative, summary of key lessons learned derived from the SE RFP Development process. Lessons learned invariably address challenges and risks and the way in which these areas have been addressed. Accordingly the risk management thread is woven throughout the document.

  2. Risk Management for the International Space Station

    NASA Technical Reports Server (NTRS)

    Sebastian, J.; Brezovic, Philip

    2002-01-01

    The International Space Station (ISS) is an extremely complex system, both technically and programmatically. The Space Station must support a wide range of payloads and missions. It must be launched in numerous launch packages and be safely assembled and operated in the harsh environment of space. It is being designed and manufactured by many organizations, including the prime contractor, Boeing, the NASA institutions, and international partners and their contractors. Finally, the ISS has multiple customers, (e.g., the Administration, Congress, users, public, international partners, etc.) with contrasting needs and constraints. It is the ISS Risk Management Office strategy to proactively and systematically manages risks to help ensure ISS Program success. ISS program follows integrated risk management process (both quantitative and qualitative) and is integrated into ISS project management. The process and tools are simple and seamless and permeate to the lowest levels (at a level where effective management can be realized) and follows the continuous risk management methodology. The risk process assesses continually what could go wrong (risks), determine which risks need to be managed, implement strategies to deal with those risks, and measure effectiveness of the implemented strategies. The process integrates all facets of risk including cost, schedule and technical aspects. Support analysis risk tools like PRA are used to support programatic decisions and assist in analyzing risks.

  3. COMMUNICATING PROBABILISTIC RISK OUTCOMES TO RISK MANAGERS

    EPA Science Inventory

    Increasingly, risk assessors are moving away from simple deterministic assessments to probabilistic approaches that explicitly incorporate ecological variability, measurement imprecision, and lack of knowledge (collectively termed "uncertainty"). While the new methods provide an...

  4. Educational Risk Management: Eliminate, Assume, or Transfer.

    ERIC Educational Resources Information Center

    Shoop, Robert J.; Dunklee, Dennis R.

    1989-01-01

    An Educational Risk Management Plan (ERMP) should be incorporated throughout every school district. Discusses property and liability insurance classifications and features of a good ERMP. (12 references) (MLF)

  5. Quick Fix for Managing Risks

    NASA Technical Reports Server (NTRS)

    2002-01-01

    Under a Phase II SBIR contract, Kennedy and Lumina Decision Systems, Inc., jointly developed the Schedule and Cost Risk Analysis Modeling (SCRAM) system, based on a version of Lumina's flagship software product, Analytica(R). Acclaimed as "the best single decision-analysis program yet produced" by MacWorld magazine, Analytica is a "visual" tool used in decision-making environments worldwide to build, revise, and present business models, minus the time-consuming difficulty commonly associated with spreadsheets. With Analytica as their platform, Kennedy and Lumina created the SCRAM system in response to NASA's need to identify the importance of major delays in Shuttle ground processing, a critical function in project management and process improvement. As part of the SCRAM development project, Lumina designed a version of Analytica called the Analytica Design Engine (ADE) that can be easily incorporated into larger software systems. ADE was commercialized and utilized in many other developments, including web-based decision support.

  6. Overview of Risk Management for Engineered Nanomaterials

    NASA Astrophysics Data System (ADS)

    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

    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.

  7. Key Attributes of the SAPHIRE Risk and Reliability Analysis Software for Risk-Informed Probabilistic Applications

    SciTech Connect

    Curtis Smith; James Knudsen; Kellie Kvarfordt; Ted Wood

    2008-08-01

    The Idaho National Laboratory is a primary developer of probabilistic risk and reliability analysis (PRRA) tools, dating back over 35 years. Evolving from mainframe-based software, the current state-of-the-practice has lead to the creation of the SAPHIRE software. Currently, agencies such as the Nuclear Regulatory Commission, the National Aeronautics and Aerospace Agency, the Department of Energy, and the Department of Defense use version 7 of the SAPHIRE software for many of their risk-informed activities. In order to better understand and appreciate the power of software as part of risk-informed applications, we need to recall that our current analysis methods and solution methods have built upon pioneering work done 30 to 40 years ago. We contrast this work with the current capabilities in the SAPHIRE analysis package. As part of this discussion, we provide information for both the typical features and special analysis capabilities which are available. We also present the application and results typically found with state-of-the-practice PRRA models. By providing both a high-level and detailed look at the SAPHIRE software, we give a snapshot in time for the current use of software tools in a risk-informed decision arena.

  8. Reliability and Probabilistic Risk Assessment - How They Play Together

    NASA Technical Reports Server (NTRS)

    Safie, Fayssal M.; Stutts, Richard; Huang, Zhaofeng

    2015-01-01

    The objective of this presentation is to discuss the PRA process and the reliability engineering discipline, their differences and similarities, and how they are used as complimentary analyses to support design and flight decisions.

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

    PubMed

    Westgard, James O

    2013-03-01

    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

  10. The Risk Management Plan: Promises and Pitfalls.

    ERIC Educational Resources Information Center

    Ewert, Alan

    1984-01-01

    Reviews the history of risk management and currently popular risk management tools, e.g., item-decision model and frequency/severity matrix. Discusses the safety record of outdoor adventure programs including data on injury rates and frequent accident types. Argues for flexible and realistic safety procedures and serious study of the phenomenon of…

  11. Management of Lone Working Risks October 2012

    E-print Network

    Sussex, University of

    . The University acknowledges that there may be an increased risk to the health and safety of its employeesManagement of Lone Working Risks Policy October 2012 Reference Title Created Owner Review HSWO- Management of Lone Working Policy 30.08.2012 Health, Safety and Wellbeing Office HSWO-MR 01/10/2015 #12;HSWO

  12. 42 CFR 441.476 - Risk management.

    Code of Federal Regulations, 2014 CFR

    2014-10-01

    ... 42 Public Health 4 2014-10-01 2014-10-01 false Risk management. 441.476 Section 441.476 Public Health CENTERS FOR MEDICARE & MEDICAID SERVICES, DEPARTMENT OF HEALTH AND HUMAN SERVICES (CONTINUED... Self-Directed Personal Assistance Services Program § 441.476 Risk management. (a) The State...

  13. 42 CFR 441.476 - Risk management.

    Code of Federal Regulations, 2012 CFR

    2012-10-01

    ... 42 Public Health 4 2012-10-01 2012-10-01 false Risk management. 441.476 Section 441.476 Public Health CENTERS FOR MEDICARE & MEDICAID SERVICES, DEPARTMENT OF HEALTH AND HUMAN SERVICES (CONTINUED... Self-Directed Personal Assistance Services Program § 441.476 Risk management. (a) The State...

  14. 42 CFR 441.476 - Risk management.

    Code of Federal Regulations, 2011 CFR

    2011-10-01

    ... 42 Public Health 4 2011-10-01 2011-10-01 false Risk management. 441.476 Section 441.476 Public Health CENTERS FOR MEDICARE & MEDICAID SERVICES, DEPARTMENT OF HEALTH AND HUMAN SERVICES (CONTINUED... Self-Directed Personal Assistance Services Program § 441.476 Risk management. (a) The State...

  15. 42 CFR 441.476 - Risk management.

    Code of Federal Regulations, 2010 CFR

    2010-10-01

    ... 42 Public Health 4 2010-10-01 2010-10-01 false Risk management. 441.476 Section 441.476 Public Health CENTERS FOR MEDICARE & MEDICAID SERVICES, DEPARTMENT OF HEALTH AND HUMAN SERVICES (CONTINUED... Self-Directed Personal Assistance Services Program § 441.476 Risk management. (a) The State...

  16. Using Risk Assessment Methodologies to Meet Management Objectives

    NASA Technical Reports Server (NTRS)

    DeMott, D. L.

    2015-01-01

    Current decision making involves numerous possible combinations of technology elements, safety and health issues, operational aspects and process considerations to satisfy program goals. Identifying potential risk considerations as part of the management decision making process provides additional tools to make more informed management decision. Adapting and using risk assessment methodologies can generate new perspectives on various risk and safety concerns that are not immediately apparent. Safety and operational risks can be identified and final decisions can balance these considerations with cost and schedule risks. Additional assessments can also show likelihood of event occurrence and event consequence to provide a more informed basis for decision making, as well as cost effective mitigation strategies. Methodologies available to perform Risk Assessments range from qualitative identification of risk potential, to detailed assessments where quantitative probabilities are calculated. Methodology used should be based on factors that include: 1) type of industry and industry standards, 2) tasks, tools, and environment 3) type and availability of data and 4) industry views and requirements regarding risk & reliability. Risk Assessments are a tool for decision makers to understand potential consequences and be in a position to reduce, mitigate or eliminate costly mistakes or catastrophic failures.

  17. Feedback on flood risk management

    NASA Astrophysics Data System (ADS)

    Moreau, K.; Roumagnac, A.

    2009-09-01

    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.

  18. Systems approach to project risk management

    SciTech Connect

    Kindinger, J. P.

    2002-01-01

    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.

  19. Legal risk management (NRCCL, Tobias Mahler) Hvordan kan rettslige sprsml

    E-print Network

    Stølen, Ketil

    .g. engineers): product risk · Safety officer: risk related to health/environment/safety · Project managersLegal risk management (NRCCL, Tobias Mahler) 1 Hvordan kan rettslige spørsmål integreres i en of Oslo #12;Legal risk management (NRCCL, Tobias Mahler) Agenda · Risk management (ISO 31000) · Legal risk

  20. Annex 2 Risk Guidance Science Programme Office Project Management

    E-print Network

    1 Annex 2 ­ Risk Guidance Science Programme Office Project Management Guidance on Risk Management be implemented as part of a risk management plan and risk management must be seen as part of the normal project project assurance process. An outline of the steps used in the risk management process is shown below

  1. Risk management - What about software?

    SciTech Connect

    1996-07-01

    Risks in software systems arise from many directions. There are risks that the software is faulty, that the system may be attacked, that safety hazards exist, that the system may be inoperable or untimely, that an abnormal event may cause unexpected actions, etc. Risk analysis tools should support and document risk-mitigation decisions and facilitate understanding of residual risks. These tools must be based on a sound theory of risk, which does not exist today. Probabilistic risk assessment techniques apply to physically-based systems where failure modes and event dependence are fairly well understood. But they cannot be blindly applied to software systems, which do not share these characteristics. Moreover, we need to meld many diverse aspects of risk for software systems. This presentation will explore some thought-provoking ideas about modeling, problem spaces, solution approaches, math, decision friendly output, and the role of risk analysis in the software lifecycle.

  2. Rangeland Risk Management for Texans: Types of Risk 

    E-print Network

    White, Larry D.; Hanselka, C. Wayne

    2000-11-01

    with managing any agricultural enterprise. Risk is defined as the chance of injury, dam- age or loss, often expressed as degrees of probability. Range ecosystems are especially complex, which, when combined with variable weather and markets, increases the risks... manage- ment decisions, and make those decisions wisely. Goals of Land Ownership A recent survey of agricultural landowners in Texas found that their primary goals are: to provide their chil- dren with a healthy rural environment and experience (9...

  3. Prioritized Reliability-Risk$ Optimization for a Hydro-Thermal System CddHoward Consulting Ltd

    NASA Astrophysics Data System (ADS)

    Howard, C. D.; Howard, J. C.

    2010-12-01

    This paper provides a real-world example of a hydro-economic model for risk estimation and impact assessment. Ensembles of forecasted reservoir inflows were used to drive an integrated hydro-thermal two-reservoir stochastic long term economic optimization model. The optimization objective was to minimize long term thermal energy purchases by recommending the best current operating decisions within policies on long-term Risk (probabilistic cost). Risk was determined as a function of Reliability to meet forecasted energy load. Reservoir End of Month Rule Curves Reliability: Thermal Risk and Hydro Revenue

  4. Risk Management In Perspective Of Knowledge Management A Brief Survey

    NASA Astrophysics Data System (ADS)

    Rehman, Zobia; Kifor, Claudiu V.

    2015-09-01

    This article explains the application of knowledge management for project risk management in industry. Combination of knowledge management and risk management is becoming a dire need for industries nowadays, because it has become necessary to make information reach timely to its destined users to achieve the desired goals. Quick decisions are needed throughout a project life cycle to mitigate or avoid a risk, but they are only possible when knowledge about it is in hand and can be inferred for fruitful decisions. Quality engineers make huge effort in analyzing and mitigating the risk and prepare various documents about different risk management stages. But this knowledge resides in documents or underutilized databases without any relation to each other that makes it useless for complex decision making. This article shall explain how knowledge management activities are helpful in risk management and the advantages of their fusion. It will also present a conceptual architecture of an Information Technology based solution for risk management and knowledge management combination.

  5. 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...

  6. [Man at risk. Preventive strategies and risk management for patient safety].

    PubMed

    Grube, C; Schaper, N; Graf, B M

    2002-04-01

    Anaesthesia-related risk has been significantly reduced within the last decade. Nevertheless the risk and the possibility of dying or suffering permanent damage still exist. To improve patient safety, risk assessment and analysis must lead to the development of preventive strategies. For this purpose anaesthesia can rely on the concepts of other "high reliability" organisations such as aviation or nuclear power plants. Analyses of critical incidents in the different fields confirm that next to technical problems human factors account for most of the preventable mishaps. Human factors are responsible for individual mistakes as well as for organisational errors. Therefore besides traditional concepts of risk reduction (e.g. guidelines) new strategies (e.g. full-scale simulation) must be applied to minimise the negative impact of human factors on patient safety. Risk management has to consider technical, organisational and human factors to implement a higher standard of patient safety. PMID:12063713

  7. Risk management at Los Alamos National Laboratory

    SciTech Connect

    Brooks, D.G.; Stack, D.W.

    1993-11-01

    Los Alamos National Laboratory has risk management programs at a number of administrative levels. Each line organization has responsibility for risk management for routine operations. The Facility Risk Management group (HS-3) is the Los Alamos organization with the primary responsibility for risk management including providing input and expertise to facilities and line managers in the management and documentation of ES&H hazards and risks associated with existing and new activities. One of the major contributions this group has made to laboratory risk management program is to develop and implement a hazard identification and classification methodology that is readily adaptable to continuously changing classification guidelines such as DOE-STD-1027. The increased emphasis on safety at Los Alamos has led to the formation of additional safety oversight organization such as the Integration and Coordination Office (ICO), which is responsible for prioritization of risk management activities. In the fall of 1991, nearly 170 DOE inspectors spent 6 weeks analyzing the environmental, safety, and health activities at Los Alamos. The result of this audit was a list of over 1000 findings, each indicating some deficiency in current Laboratory operations relative to DOE and other government regulation. The audit team`s findings were consolidated and ``action plans`` were developed to address the findings. This resulted in over 200 action plans with a total estimated cost of almost $1 billion. The Laboratory adopted a risk-based prioritization process to attempt to achieve as much risk reduction as possible with the available resources. This paper describes the risk based prioritization model that was developed.

  8. 48 CFR 39.102 - Management of risk.

    Code of Federal Regulations, 2010 CFR

    2010-10-01

    ...2010-10-01 2010-10-01 false Management of risk. 39.102 Section 39...TECHNOLOGY General 39.102 Management of risk. (a) Prior to entering...funding availability, and program management risk. (c) Appropriate...

  9. 75 FR 30106 - Terrorism Risk Insurance Program; Litigation Management Submissions

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-05-28

    ...TREASURY Terrorism Risk Insurance Program; Litigation Management Submissions AGENCY...the Terrorism Risk Insurance Program...regarding Litigation Management Submissions...Title: Terrorism Risk Insurance Program--Litigation Management...

  10. 12 CFR 615.5135 - Management of interest rate risk.

    Code of Federal Regulations, 2010 CFR

    2010-01-01

    ...and implement an interest rate risk management program as set forth in subpart...shall adopt an interest rate risk management section of an asset/liability...a minimum, the interest rate risk management section shall establish...

  11. 7 CFR 760.104 - Risk management purchase requirements.

    Code of Federal Regulations, 2010 CFR

    2010-01-01

    ...2010-01-01 2010-01-01 false Risk management purchase requirements. 760...Assistance Programs § 760.104 Risk management purchase requirements. ...coverage is available from the USDA Risk Management Agency (RMA))...

  12. 76 FR 57723 - Electricity Sector Cybersecurity Risk Management Process Guideline

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-09-16

    ... Electricity Sector Cybersecurity Risk Management Process Guideline AGENCY: Department of Energy. ACTION... to publish the Electricity Sector Cybersecurity Risk Management Process Guideline. The guideline describes a risk management process that is targeted to the specific needs of electricity...

  13. National Flood Risk Management Planning Center of Expertise

    E-print Network

    US Army Corps of Engineers

    National Flood Risk Management Planning Center of Expertise The Flood Risk Management Planning Center of Expertise (FRM-PCX) was established and Reallocation, Hydropower, and Flood Risk Management. The FRM-PCX is a virtual

  14. ENVIRONMENTAL HEALTH, SAFETY, AND RISK MANAGEMENT COMPREHENSIVE MANUAL

    E-print Network

    ENVIRONMENTAL HEALTH, SAFETY, AND RISK MANAGEMENT COMPREHENSIVE MANUAL Table of Contents Mission public. For this reason, the Environmental Health, Safety and Risk Management Department (EHSRM Manual Chapter VIII - Radiation Safety Technical Manual Chapter IX - Risk Management Technical Manual

  15. Rangeland Risk Management for Texans: Common Grazing Management Mistakes 

    E-print Network

    White, Larry D.; Hanselka, C. Wayne; Clayton, Lindi

    2000-11-01

    that the forage can recov- Common Grazing Management Mistakes Larry D. White, C. Wayne Hanselka and Lindi Clayton Professors and Extension Range Specialists, and Extension Graduate Assistant; The Texas A&M University System Rangeland Risk Management for Texans E... for this publication series was provided by the Texas Agricultural Extension Service risk management initiative. R i s k M a n ag ement E d u c a t i o n ? ...

  16. Reliability of Risk-adjusted Outcomes for Profiling Hospital Surgical Quality

    PubMed Central

    Krell, Robert W; Hozain, Ahmed; Kao, Lillian S; Dimick, Justin B

    2014-01-01

    IMPORTANCE Quality improvement platforms commonly use risk-adjusted morbidity and mortality to profile hospital performance. However, given small hospital caseloads and low event rates for some procedures it is unclear whether these outcomes reliably reflect hospital performance. OBJECTIVE To determine the reliability of risk-adjusted morbidity and mortality for hospital performance profiling using clinical registry data. DESIGN Retrospective cohort study SETTING/DATA SOURCE American College of Surgeons National Surgical Quality Improvement Program (ACS-NSQIP), 2009 PARTICIPANTS All patients who underwent colon resection, pancreatic resection, laparoscopic gastric by pass, ventral hernia repair, abdominal aortic aneurysm (AAA) repair, and lower extremity by pass (n=55,946 patients). MAIN OUTCOMES AND MEASURES Outcomes included risk-adjusted overall morbidity, severe morbidity, and mortality. We assessed reliability (0 to 1 scale, where 0=completely unreliable and 1=perfectly reliable) for all three outcomes. We also quantified the number of hospitals meeting minimum acceptable reliability thresholds (>0.70=good reliability, >0.50=fair reliability) for each outcome. RESULTS For overall morbidity, the most common outcome studied, the average reliability depended on both the sample size (i.e., how high the hospital caseload was) and the event rate (i.e., how frequently the outcome occurred). For example, average reliability for overall morbidity was low for AAA repair (reliability 0.29; sample size of 25 cases/year and event rate of 18%). In contrast, average reliability for overall morbidity was higher for colon resection (reliability 0.61; sample size 114 cases/year and event rate of 27%). Colon resection (38% of hospitals), pancreatic resection (7% of hospitals), and laparoscopic gastric by pass (12%) were the only procedures for which any hospitals met a reliability threshold of 0.70 for overall morbidity. Because severe morbidity and mortality are less frequent outcomes, their average reliability was lower and even fewer hospitals met thresholds for minimum reliability. CONCLUSIONS AND RELEVANCE Most commonly reported outcome measures have low reliability for differentiating hospital performance. This is especially important for clinical registries that sample rather than collect 100% of cases, which can limit hospital case accrual. Eliminating sampling to achieve the highest possible caseloads, adjusting for reliability, and using advanced modeling strategies (e.g., hierarchical modeling) is necessary for clinical registries to increase their benchmarking reliability. PMID:24623045

  17. Comparing Product Development Processes and Managing Risk

    E-print Network

    Unger, Darian W.

    Product Development Processes (PDPs) require careful design to reduce development time, create better products and manage the risks of bringing new products to market. This paper investigates the relationship between product ...

  18. 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...

  19. Risk management integration into complex project organizations

    NASA Technical Reports Server (NTRS)

    Fisher, K.; Greanias, G.; Rose, J.; Dumas, R.

    2002-01-01

    This paper describes the approach used in designing and adapting the SIRTF prototype, discusses some of the lessons learned in developing the SIRTF prototype, and explains the adaptability of the risk management database to varying levels project complexity.

  20. Essays in banking and risk management

    E-print Network

    Vickery, James Ian, 1974-

    2004-01-01

    (cont.) Risk Management have begun implementing strategies to provide commodity price and weather insurance in the developing world. In Chapter 3 (joint with Professor Rob Townsend from the University of Chicago), we examine ...

  1. The NASA Continuous Risk Management Process

    NASA Technical Reports Server (NTRS)

    Pokorny, Frank M.

    2004-01-01

    As an intern this summer in the GRC Risk Management Office, I have become familiar with the NASA Continuous Risk Management Process. In this process, risk is considered in terms of the probability that an undesired event will occur and the impact of the event, should it occur (ref., NASA-NPG: 7120.5). Risk management belongs in every part of every project and should be ongoing from start to finish. Another key point is that a risk is not a problem until it has happened. With that in mind, there is a six step cycle for continuous risk management that prevents risks from becoming problems. The steps are: identify, analyze, plan, track, control, and communicate & document. Incorporated in the first step are several methods to identify risks such as brainstorming and using lessons learned. Once a risk is identified, a risk statement is made on a risk information sheet consisting of a single condition and one or more consequences. There can also be a context section where the risk is explained in more detail. Additionally there are three main goals of analyzing a risk, which are evaluate, classify, and prioritize. Here is where a value is given to the attributes of a risk &e., probability, impact, and timeframe) based on a multi-level classification system (e.g., low, medium, high). It is important to keep in mind that the definitions of these levels are probably different for each project. Furthermore the risks can be combined into groups. Then, the risks are prioritized to see what risk is necessary to mitigate first. After the risks are analyzed, a plan is made to mitigate as many risks as feasible. Each risk should be assigned to someone in the project with knowledge in the area of the risk. Then the possible approaches to choose from are: research, accept, watch, or mitigate. Next, all risks, mitigated or not, are tracked either individually or in groups. As the plan is executed, risks are re-evaluated, and the attribute values are adjusted as necessary. Metrics are established and monitored as tools for risk tracking. Also a trigger or threshold should be set on the metric data that indicates when an action is needed. Results of this tracking are usually evaluated and reported in a relevant format at weekly or monthly meetings. Choosing controls is the subsequent step, which involves the effects of the tracking. The three basic controls are: close, continue tracking, and re- plan. Finally communicate & document is the last step, but occurs throughout the process. It is vital that main risks, plans, changes, and progress are known by everyone in the project. A good way to keep everyone updated and inform other projects of common issues is by thoroughly documenting project risks. NASA sees value in risk management and believes that projects have greater probability or success by using the NASA Continuous Risk Management Process.

  2. Risk Management: An International Perspective.

    ERIC Educational Resources Information Center

    Garvey, Daniel

    1998-01-01

    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…

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

    SciTech Connect

    Russell, K.D.; Sattison, M.B. ); Rasmuson, D.M. . Div. of Systems Research)

    1990-06-01

    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.

  4. The Xyrem risk management program.

    PubMed

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

    2004-01-01

    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

  5. Wildfire Risk Management: Challenges and Opportunities

    NASA Astrophysics Data System (ADS)

    Thompson, M.; Calkin, D. E.; Hand, M. S.; Kreitler, J.

    2014-12-01

    In this presentation we address federal wildfire risk management largely through the lens of economics, targeting questions related to costs, effectiveness, efficiency, and tradeoffs. Beyond risks to resources and assets such as wildlife habitat, watersheds, and homes, wildfires present financial risk and budgetary instability for federal wildfire management agencies due to highly variable annual suppression costs. Despite its variability, the costs of wildfire management have continued to escalate and account for an ever-growing share of overall agency budgets, compromising abilities to attain other objectives related to forest health, recreation, timber management, etc. Trends associated with a changing climate and human expansion into fire-prone areas could lead to additional suppression costs in the future, only further highlighting the need for an ability to evaluate economic tradeoffs in investments across the wildfire management spectrum. Critically, these economic analyses need to accurately capture the complex spatial and stochastic aspects of wildfire, the inherent uncertainty associated with monetizing environmental impacts of wildfire, the costs and effectiveness of alternative management policies, and linkages between pre-fire investments and active incident management. Investing in hazardous fuels reduction and forest restoration in particular is a major policy lever for pre-fire risk mitigation, and will be a primary focus of our presentation. Evaluating alternative fuel management and suppression policies could provide opportunities for significant efficiency improvements in the development of risk-informed management fire management strategies. Better understanding tradeoffs of fire impacts and costs can help inform policy questions such as how much of the landscape to treat and how to balance investments in treating new areas versus maintaining previous investments. We will summarize current data needs, knowledge gaps, and other factors influencing research and development on this critically important topic. Specifically we will focus on how to embed simulation models within an economic framework, how to link fire models with models of wildfire management expenditures, how to evaluate alternative management policies, and how to measure cost-effectiveness.

  6. The Importance of Human Reliability Analysis in Human Space Flight: Understanding the Risks

    NASA Technical Reports Server (NTRS)

    Hamlin, Teri L.

    2010-01-01

    HRA is a method used to describe, qualitatively and quantitatively, the occurrence of human failures in the operation of complex systems that affect availability and reliability. Modeling human actions with their corresponding failure in a PRA (Probabilistic Risk Assessment) provides a more complete picture of the risk and risk contributions. A high quality HRA can provide valuable information on potential areas for improvement, including training, procedural, equipment design and need for automation.

  7. Risk management, derivatives and shariah compliance

    NASA Astrophysics Data System (ADS)

    Bacha, Obiyathulla Ismath

    2013-04-01

    Despite the impressive growth of Islamic Banking and Finance (IBF), a number of weaknesses remain. The most important of this is perhaps the lack of shariah compliant risk management tools. While the risk sharing philosophy of Islamic Finance requires the acceptance of risk to justify returns, the shariah also requires adherents to avoid unnecessary risk-maysir. The requirement to avoid maysir is in essence a call for the prudent management of risk. Contemporary risk management revolves around financial engineering, the building blocks of which are financial derivatives. Despite the proven efficacy of derivatives in the management of risk in the conventional space, shariah scholars appear to be suspicious and uneasy with their use in IBF. Some have imposed outright prohibition of their use. This paper re-examines the issue of contemporary derivative instruments and shariah compliance. The shariah compatibility of derivatives is shown in a number of ways. First, by way of qualitative evaluation of whether derivatives can be made to comply with the key prohibitions of the sharia. Second, by way of comparing the payoff profiles of derivatives with risk sharing finance and Bai Salam contracts. Finally, the equivalence between shariah compliant derivatives like the IPRS and Islamic FX Currency Forwards with conventional ones is presented.

  8. Essential features for proactive risk management

    NASA Astrophysics Data System (ADS)

    Murashov, Vladimir; Howard, John

    2009-08-01

    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.

  9. Lessons Learned in Risk Management on NCSX

    SciTech Connect

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

    2009-02-11

    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.

  10. Lessons Learned in Risk Management on NCSX

    SciTech Connect

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

    2009-07-21

    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.

  11. Information needs for risk management/communication

    SciTech Connect

    Bennett, D.A.

    1990-12-31

    The hazardous waste cleanup program under the Comprehensive Environmental Response, Compensation, and Liability Act (Superfund) is delegated to the ten Regions of the US Environmental Protection Agency (EPA) and has, to date, identified more than 33,000 sites for consideration. The size and complexity of the program places great demands on those who would provide information to achieve national consistency in application of risk assessment while meeting site-specific needs for risk management and risk communication.

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

    NASA Astrophysics Data System (ADS)

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

    2011-12-01

    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.

  13. Managing Risk on the Final Frontier

    NASA Technical Reports Server (NTRS)

    Lengyel, David M.; Newman, J. S.

    2009-01-01

    The National Aeronautics and Space Administration (NASA). Exploration Systems Mission Directorate (ESMD) has combined the Continuous Risk Management (CRM) discipline with innovative knowledge management (KM) practices to more effectively enable the accomplishment of work. CRM enables proactive problem identification and problem solving in the complex world of rocket science. while KM is used to improve this process.

  14. FRATERNITY & SORORITY LIFE Risk Management Policy

    E-print Network

    Kunkle, Tom

    FRATERNITY & SORORITY LIFE 2014-2015 Risk Management Policy For the Inter-Fraternity, National Pan has been created to assist chapters in the areas of fraternity/sorority policy awareness, event management, responsible member behavior and decision-making, reducing legal liability, and providing

  15. Risk Aversion in Inventory Management

    E-print Network

    Chen, Xin

    Traditional inventory models focus on risk-neutral decision makers, i.e., characterizing replenishment strategies that maximize expected total profit, or equivalently, minimize expected total cost over a planning horizon. ...

  16. Driving forces and risk management

    EPA Science Inventory

    From a public health perspective, food safety is the overall goal and there are two distinct areas where interventions to this end can take place – either pre- or post-harvest. In pre-harvest, water quality management is the focus whereas post-harvest quality management depends ...

  17. Risk management in a university environment.

    PubMed

    Brewer, Ann; Walker, Ian

    2011-06-01

    Risk is an integral part of quality assurance in higher education in Australia. This paper describes a generic methodology for the identification and management of risk in a university or similar tertiary education environment and outlines a framework that enables the management of risk to be incorporated in the institution's governance cycle. The new approach here is that risk is embedded in the quality assurance framework and, in turn, in the strategic planning and budgeting processes. In many organisations, risk is implemented as a separate process and not considered in any meaningful way as integral to the strategic direction and performance of the university. The paper is based on work carried out by the authors and others between March 2008 and April 2009 to develop a comprehensive system for managing risk in a major Australian university, including processes whereby risk management could be integrated with, and add value to, the overall governance of the university. The case study is described in the appendix to this paper. PMID:21835754

  18. (Environmental and disaster management risk analysis)

    SciTech Connect

    Travis, C.C.

    1990-01-03

    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.

  19. Managing Liability. Employment Discrimination: A Risk Management Strategy.

    ERIC Educational Resources Information Center

    McMullan, Sandra H.

    This booklet discusses the risks that educational institutions face in regard to employment discrimination litigation and outlines a program to effectively manage such risks. Institutions need to address three main types of employment discrimination issues: sexual harassment, disability-based discrimination, and age discrimination. To deal with…

  20. Managing risk: An environmental engineering perspective

    SciTech Connect

    Arnold, M.A.; Weisberg, J.L.; Apel, S.R.

    1998-07-01

    Due to the nature of environmental investigation, remediation and design, the environmental engineer faces a large potential risk of receiving a claim on almost every project regardless of size. The liability for such a claim can be many times the negotiated fee for the project. While the risk of claims cannot be eliminated, the cost of such risk can be managed through an understanding of the nature of potential liabilities, the utilization of contractual allocation, and the purchase of insurance. Once claims are received, a proper use of appropriate legal defenses, will facilitate the resolution of such claims. While an exhaustive description of all risks encountered by an environmental engineer is beyond the scope of this paper, the following will address the risks most often encountered, which if not properly managed, can result in large costs to the engineer.

  1. Deterministic Simulation for Risk Management Quasi-Monte Carlo beats

    E-print Network

    Papageorgiou, Anargyros

    , and commodity prices. One of the most widely accepted concepts in market risk management is Value at Risk. Risk detailed description of the reasons for the tremendous growth in market risk management, the establishment1 Deterministic Simulation for Risk Management Quasi-Monte Carlo beats Monte Carlo for Value

  2. Deterministic Simulation for Risk Management QuasiMonte Carlo beats

    E-print Network

    Papageorgiou, Anargyros

    , and commodity prices. One of the most widely accepted concepts in market risk management is Value at Risk. Risk detailed description of the reasons for the tremendous growth in market risk management, the establishment1 Deterministic Simulation for Risk Management Quasi­Monte Carlo beats Monte Carlo for Value

  3. Relating Risk and Reliability Predictions to Design and Development Choices

    NASA Technical Reports Server (NTRS)

    Feather, Martin S.; Cornford, Steven L.

    2006-01-01

    In this context there are many possible assurance activities. Some focus on the prevention of defects - for example, up-front planning, adoption of design standards, configuration management, training, etc. Others focus on the detection of defects - either to detect latent defects in a system (and so be able to correct them before actual deployment of the system), or to increase confidence that such defects are not present. For example, a wide gamut of reviews, design walkthroughs, tests, inspections, analyses, etc. can be applied to systems and their components.

  4. Modeling dependencies in Financial Risk Management BMI Master Thesis

    E-print Network

    Bhulai, Sandjai

    Copulas Modeling dependencies in Financial Risk Management BMI Master Thesis #12;Modeling dependencies in financial risk management 2 #12;Modeling dependencies in financial risk management 3 Preface integrated in the study. For the purpose of extending my knowledge on Financial Risk Management

  5. NSHE RISK MANAGEMENT NSHE-OWNED MOTOR VEHICLE

    E-print Network

    /Delete Vehicle Form NSHE Risk Management Revised: 08/2010 Campus Budget Account # ______________ Vehicle 3 AddNSHE ­ RISK MANAGEMENT NSHE-OWNED MOTOR VEHICLE INSURANCE CHANGES Please fax this form to: BCN Risk Management at 775-784-4363 BCS Risk Management at 702-895-4690 Please supply COMPLETE information. Our

  6. EWO Meeting, Mar. 2008, Pittsburgh, PA Risk Management

    E-print Network

    Grossmann, Ignacio E.

    EWO Meeting, Mar. 2008, Pittsburgh, PA Risk Management Risk Management for Chemical Supply Chain, PA Risk Management Chemical Supply chain: an integrated network of business units for the supply: managing the risks in supply chain planning · Chemical Supply Chain Planning Costs billions of dollars

  7. 12 CFR 704.6 - Credit risk management.

    Code of Federal Regulations, 2011 CFR

    2011-01-01

    ...6. Credit risk management. (a) Policies...according to a credit risk management policy that is commensurate with the investment risks and activities it undertakes...securities (Inclusive of commercial mortgage-backed...

  8. 75 FR 30106 - Terrorism Risk Insurance Program; Litigation Management Submissions

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-05-28

    ... Terrorism Risk Insurance Program; Litigation Management Submissions AGENCY: Departmental Offices. ACTION..., the Terrorism Risk Insurance Program Office is seeking comments regarding Litigation Management..., preferably an original and two copies) to: Terrorism Risk Insurance Program, Public Comment Record,...

  9. Product development risk management and the role of transparency

    E-print Network

    Olechowski, Alison L. (Alison Louise)

    2012-01-01

    Risks in product development lead to schedule and cost over-runs and poor product quality. While numerous risk management frameworks have been published and research on specific risk management practices and methods has ...

  10. Managing the Library Fire Risk.

    ERIC Educational Resources Information Center

    Morris, John

    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…

  11. RISK MANAGEMENT OF SEDIMENT STRESS: A FRAMEWORK FOR SEDIMENT RISK MANAGEMENT RESEARCH

    EPA Science Inventory

    Research related to the ecological risk management of sediment stress in watersheds is placed under a common conceptual framework in order to help promote the timely advance of decision support methods for aquatic resource managers and watershed-level planning. The proposed risk ...

  12. Presented by the CSI What is Risk Management?

    E-print Network

    Gering, Jon C.

    Presented by the CSI #12;What is Risk Management? Identifying Risks: Identifying potential and perceived risks of an event that your organization is coordinating or participating in Mitigation: Reducing the potential for risks to become reality Managing Risks: Assessing individual risks and developing a plan

  13. Application of classical process risk analysis tools to business risk management

    SciTech Connect

    Einolf, D.M.; Menghini, L.K.

    1999-07-01

    Process engineers and safety professionals have used qualitative and quantitative risk assessment techniques for many years to analyze process hazards. Environmental managers have recently been exposed to many of these techniques through submission of Accidental Release Risk Management Plans (40 CFR 68). This presentation discusses the broader application of such tools (Hazard and Operability Analysis, Fault-Tree, Failure Modes and Effects) to issues involving emergency and disaster preparedness and business contingency planning. In particular, the authors have successfully expanded the HazOp methodology to apply to a broad range of natural and man-made disasters that may affect continued business operations. Specific examples, including the development of comprehensive contingency planning for a water supply system, electronics manufacturer, and a distribution center will be discussed. These classical safety and reliability tools have broad application in the environmental planning arena, including emergency response and the operability of air and water pollution control equipment.

  14. 10 Commandments of Risk Management.

    ERIC Educational Resources Information Center

    Dworken, Bari S.

    1998-01-01

    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…

  15. RISK COMMUNICATION AS A RISK MANAGEMENT TOOL: A RISK COMMUNICATION WORKBOOK

    EPA Science Inventory

    Communicating information about environmental risk to the people most affected by it is one of the major challenges faced by risk managers and community decision makers. Changing human behavior is a far more complex task than designing water retention systems or managing storm wa...

  16. 77 FR 13585 - Electricity Subsector Cybersecurity Risk Management Process Guideline

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-03-07

    ...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...

  17. Corporate Governance as Risk Regulation in China: A Comparative View of Risk Oversight, Risk Management, and Accountability

    E-print Network

    Harper Ho, Virginia E.

    2012-01-01

    regulators and firms to motivate effective risk oversight and risk management across the corporate enterprise, focusing on China’s regulation of internal controls and risk management systems. These internal mechanisms are particularly important given...

  18. NGNP Risk Management through Assessing Technology Readiness

    SciTech Connect

    John W. Collins

    2010-08-01

    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.

  19. Risk management: application of early warning systems to emergency plans

    NASA Astrophysics Data System (ADS)

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

    2009-04-01

    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.

  20. Risk based management of piping systems

    SciTech Connect

    Conley, M.J.; Aller, J.E.; Tallin, A.; Weber, B.J.

    1996-07-01

    The API Piping Inspection Code is the first such Code to require classification of piping based on the consequences of failure, and to use this classification to influence inspection activity. Since this Code was published, progress has been made in the development of tools to improve on this approach by determining not only the consequences of failure, but also the likelihood of failure. ``Risk`` is defined as the product of the consequence and the likelihood. Measuring risk provides the means to formally manage risk by matching the inspection effort (costs) to the benefits of reduced risk. Using such a cost/benefit analysis allows the optimization of inspection budgets while meeting societal demands for reduction of the risk associated with process plant piping. This paper presents an overview of the tools developed to measure risk, and the methods to determine the effects of past and future inspections on the level of risk. The methodology is being developed as an industry-sponsored project under the direction of an API committee. The intent is to develop an API Recommended Practice that will be linked to In-Service Inspection Standards and the emerging Fitness for Service procedures. Actual studies using a similar approach have shown that a very high percentage of the risk due to piping in an operating facility is associated with relatively few pieces of piping. This permits inspection efforts to be focused on those piping systems that will result in the greatest risk reduction.

  1. Reliability of Risk Assessment Measures Used in Sexually Violent Predator Proceedings

    ERIC Educational Resources Information Center

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

    2012-01-01

    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…

  2. Reliability, Maintenance and Risk Assessment in Naval Architecture and Marine Engineering Education in the US.

    ERIC Educational Resources Information Center

    Inozu, Bahadir; Ayyub, Bilal A.

    1999-01-01

    Examines the current status of existing curricula, accreditation requirements, and new developments in Naval Architecture and Marine Engineering education in the United States. Discusses the emerging needs of the maritime industry in light of advances in information technology and movement toward risk-based, reliability-centered rule making in the…

  3. Extended Editorial: Research and Education in Reliability, Maintenance, Quality Control, Risk and Safety.

    ERIC Educational Resources Information Center

    Ramalhoto, M. F.

    1999-01-01

    Introduces a special theme journal issue on research and education in quality control, maintenance, reliability, risk analysis, and safety. Discusses each of these theme concepts and their applications to naval architecture, marine engineering, and industrial engineering. Considers the effects of the rapid transfer of research results through…

  4. Risk perceptions and behavioral context: U.S. Forest Service fire management professionals

    USGS Publications Warehouse

    Taylor, Jonathan G.; Carpenter, Edwin H.; Cortner, Hanna J.; Cleaves, David A.

    1989-01-01

    Fire managers from the U.S. Forest Service were surveyed to determine which decision factors most strongly influenced their fire?risk decisions. Safety, the resources at risk, public opinion, and the reliability of information were important influences on these decisions. This research allowed direct comparison between fire managers’ perceptions of factor importance and how their fire?risk decisions changed in response to those factors. These risk decisions were highly responsive to changes in context (an escaped wildfire decision versus a prescribed burning decision) as well as to changing factors. The results demonstrate the utility of using scenarios in risk research and the vital importance of context in studying risk?taking behavior. Research which attempts to remove risk decisions from their real?world context may well distort the nature of risk?taking behavior.

  5. Security Risk Management using Internal Controls Simon Foley,

    E-print Network

    Foley, Simon

    an ef- fective Internal Controls system in the enterprise. Cobit is a further example of risk managementSecurity Risk Management using Internal Controls Simon Foley, Department of Computer Science business risks. An Internal Controls approach to security risk management is proposed whereby automated

  6. Risk Management Policy Date: 08/01/2013

    E-print Network

    Brierley, Andrew

    Risk Management Policy Date: 08/01/2013 Approving body: Risk Management Group Version number: 2013.01 Steward: Brian Kennedy, Risk Adviser Principles Through a process of Risk Management, the University seeks to reduce the frequency and impact of Adverse Events that may affect the achievement of its

  7. Math 576: Quantitative Risk Management lih@math.wsu.edu

    E-print Network

    Li, Haijun

    Math 576: Quantitative Risk Management Haijun Li lih@math.wsu.edu Department of Mathematics Washington State University Week 3 Haijun Li Math 576: Quantitative Risk Management Week 3 1 / 26 #12;Outline 1 Risk Measurement 2 Value-at-Risk 3 Expected Shortfall 4 Standard Methods for Market Risks Haijun

  8. TREATABILITY DATABASE (NATIONAL RISK MANAGEMENT RESEARCH LABORATORY)

    EPA Science Inventory

    The National Risk Management Research Laboratory has developed and is continuing to expand a database on the effectiveness of proven treatment technologies in the removal/destruction of chemicals in various types of media, including water, wastewater, soil, debris, sludge, and se...

  9. 17 CFR 39.13 - Risk management.

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ... limited to, information and documents relating to the liquidity of their financial resources and their... 17 Commodity and Securities Exchanges 1 2013-04-01 2013-04-01 false Risk management. 39.13 Section... account that they carry, without obtaining information identifying the positions of each...

  10. 17 CFR 39.13 - Risk management.

    Code of Federal Regulations, 2012 CFR

    2012-04-01

    ... limited to, information and documents relating to the liquidity of their financial resources and their... 17 Commodity and Securities Exchanges 1 2012-04-01 2012-04-01 false Risk management. 39.13 Section... account that they carry, without obtaining information identifying the positions of each...

  11. 17 CFR 39.13 - Risk management.

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ... limited to, information and documents relating to the liquidity of their financial resources and their... 17 Commodity and Securities Exchanges 1 2014-04-01 2014-04-01 false Risk management. 39.13 Section... account that they carry, without obtaining information identifying the positions of each...

  12. 42 CFR 441.476 - Risk management.

    Code of Federal Regulations, 2013 CFR

    2013-10-01

    ... 42 Public Health 4 2013-10-01 2013-10-01 false Risk management. 441.476 Section 441.476 Public Health CENTERS FOR MEDICARE & MEDICAID SERVICES, DEPARTMENT OF HEALTH AND HUMAN SERVICES (CONTINUED) MEDICAL ASSISTANCE PROGRAMS SERVICES: REQUIREMENTS AND LIMITS APPLICABLE TO SPECIFIC SERVICES Optional Self-Directed Personal Assistance...

  13. Tank Waste Remediation System Characterization Project Programmatic Risk Management Plan

    SciTech Connect

    Baide, D.G.; Webster, T.L.

    1995-12-01

    The TWRS Characterization Project has developed a process and plan in order to identify, manage and control the risks associated with tank waste characterization activities. The result of implementing this process is a defined list of programmatic risks (i.e. a risk management list) that are used by the Project as management tool. This concept of risk management process is a commonly used systems engineering approach which is being applied to all TWRS program and project elements. The Characterization Project risk management plan and list are subset of the overall TWRS risk management plan and list.

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

    ERIC Educational Resources Information Center

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

    2012-01-01

    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…

  15. Risk factors and effective management of preeclampsia

    PubMed Central

    English, Fred A; Kenny, Louise C; McCarthy, Fergus P

    2015-01-01

    Preeclampsia, a hypertensive disorder of pregnancy is estimated to complicate 2%–8% of pregnancies and remains a principal cause of maternal and fetal morbidity and mortality. Preeclampsia may present at any gestation but is more commonly encountered in the third trimester. Multiple risk factors have been documented, including: family history, nulliparity, egg donation, diabetes, and obesity. Significant progress has been made in developing tests to predict risk of preeclampsia in pregnancy, but these remain confined to clinical trial settings and center around measuring angiogenic profiles, including placental growth factor or newer tests involving metabolomics. Less progress has been made in developing new treatments and therapeutic targets, and aspirin remains one of the few agents shown to consistently reduce the risk of developing preeclampsia. This review serves to discuss recent advances in risk factor identification, prediction techniques, and management of preeclampsia in antenatal, intrapartum, and postnatal patients. PMID:25767405

  16. Risk factors and effective management of preeclampsia.

    PubMed

    English, Fred A; Kenny, Louise C; McCarthy, Fergus P

    2015-01-01

    Preeclampsia, a hypertensive disorder of pregnancy is estimated to complicate 2%-8% of pregnancies and remains a principal cause of maternal and fetal morbidity and mortality. Preeclampsia may present at any gestation but is more commonly encountered in the third trimester. Multiple risk factors have been documented, including: family history, nulliparity, egg donation, diabetes, and obesity. Significant progress has been made in developing tests to predict risk of preeclampsia in pregnancy, but these remain confined to clinical trial settings and center around measuring angiogenic profiles, including placental growth factor or newer tests involving metabolomics. Less progress has been made in developing new treatments and therapeutic targets, and aspirin remains one of the few agents shown to consistently reduce the risk of developing preeclampsia. This review serves to discuss recent advances in risk factor identification, prediction techniques, and management of preeclampsia in antenatal, intrapartum, and postnatal patients. PMID:25767405

  17. A Quantitative Risk Analysis Framework for Evaluating and Monitoring Operational Reliability of Cloud Computing

    ERIC Educational Resources Information Center

    Islam, Muhammad Faysal

    2013-01-01

    Cloud computing offers the advantage of on-demand, reliable and cost efficient computing solutions without the capital investment and management resources to build and maintain in-house data centers and network infrastructures. Scalability of cloud solutions enable consumers to upgrade or downsize their services as needed. In a cloud environment,…

  18. Wind energy Computerized Maintenance Management System (CMMS) : data collection recommendations for reliability analysis.

    SciTech Connect

    Peters, Valerie A.; Ogilvie, Alistair; Veers, Paul S.

    2009-09-01

    This report addresses the general data requirements for reliability analysis of fielded wind turbines and other wind plant equipment. The report provides a list of the data needed to support reliability and availability analysis, and gives specific recommendations for a Computerized Maintenance Management System (CMMS) to support automated analysis. This data collection recommendations report was written by Sandia National Laboratories to address the general data requirements for reliability analysis of fielded wind turbines. This report is intended to help the reader develop a basic understanding of what data are needed from a Computerized Maintenance Management System (CMMS) and other data systems, for reliability analysis. The report provides: (1) a list of the data needed to support reliability and availability analysis; and (2) specific recommendations for a CMMS to support automated analysis. Though written for reliability analysis of wind turbines, much of the information is applicable to a wider variety of equipment and a wider variety of analysis and reporting needs.

  19. 78 FR 18817 - Revisions to Reliability Standard for Transmission Vegetation Management

    Federal Register 2010, 2011, 2012, 2013, 2014

    2013-03-28

    ... most effectively ensure strong project management and funding. 55. AEP, BPA, Duke, Idaho Power and... Management AGENCY: Federal Energy Regulatory Commission. ACTION: Final rule. SUMMARY: Under section 215 of... Reliability Standard FAC-003-2 (Transmission Vegetation Management), submitted to the Commission for...

  20. Managing Disruptions in Decentralized Supply Chains with Endogenous Supply Process Reliability

    E-print Network

    Gupta, Diwakar

    Managing Disruptions in Decentralized Supply Chains with Endogenous Supply Process Reliability 55455 guptad@me.umn.edu October 1, 2012 #12;Managing Disruptions in Decentralized Supply Chains managers because supply chains have become longer and price competition is driving firms to purchase from

  1. Rangeland Risk Management for Texans: Managing Climatic and Financial Risk with Grazing 

    E-print Network

    Hanselka, C. Wayne; Lyons, Robert K.; Holechek, Jerry L.

    2002-03-04

    Both climatic and financial risks can be reduced through proper grazing management. The effects of grazing, the importance of animal numbers, and the principle of rest and graze are detailed here, along with strategies for survival....

  2. Escherichia coli sampling reliability at a frequently closed Chicago beach: monitoring and management implications

    USGS Publications Warehouse

    Whitman, Richard L.; Nevers, Meredith B.

    2004-01-01

    Monitoring beaches for recreational water quality is becoming more common, but few sampling designs or policy approaches have evaluated the efficacy of monitoring programs. The authors intensively sampled water for E. coli (N=1770) at 63rd Street Beach, Chicago for 6 months in 2000 in order to (1) characterize spatial-temporal trends, (2) determine between and within transect variation, and (3) estimate sample size requirements and determine sampling reliability. E. coli counts were highly variable within and between sampling sites but spatially and diurnally autocorrelated. Variation in counts decreased with water depth and time of day. Required number of samples was high for 70% precision around the critical closure level (i.e., 6 within or 24 between transect replicates). Since spatial replication may be cost prohibitive, composite sampling is an alternative once sources of error have been well defined. The results suggest that beach monitoring programs may be requiring too few samples to fulfill management objectives desired. As the recreational water quality national database is developed, it is important that sampling strategies are empirically derived from a thorough understanding of the sources of variation and the reliability of collected data. Greater monitoring efficacy will yield better policy decisions, risk assessments, programmatic goals, and future usefulness of the information.

  3. Escherichia coli sampling reliability at a frequently closed Chicago Beach: monitoring and management implications.

    PubMed

    Whitman, Richard L; Nevers, Meredith B

    2004-08-15

    Monitoring beaches for recreational water quality is becoming more common, but few sampling designs or policy approaches have evaluated the efficacy of monitoring programs. The authors intensively sampled water for E. coli (N=1770) at 63rd Street Beach, Chicago for 6 months in 2000 in order to (1) characterize spatial-temporal trends, (2) determine between and within transect variation, and (3) estimate sample size requirements and determine sampling reliability. E. coli counts were highly variable within and between sampling sites but spatially and diurnally autocorrelated. Variation in counts decreased with water depth and time of day. Required number of samples was high for 70% precision around the critical closure level (i.e., 6 within or 24 between transect replicates). Since spatial replication may be cost prohibitive, composite sampling is an alternative once sources of error have been well defined. The results suggest that beach monitoring programs may be requiring too few samples to fulfill management objectives desired. As the recreational water quality national database is developed, it is important that sampling strategies are empirically derived from a thorough understanding of the sources of variation and the reliability of collected data. Greater monitoring efficacy will yield better policy decisions, risk assessments, programmatic goals, and future usefulness of the information. PMID:15382848

  4. Quantifying fatigue risk in model-based fatigue risk management.

    PubMed

    Rangan, Suresh; Van Dongen, Hans P A

    2013-02-01

    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

  5. On the Aggregation of Local Risk Models for Global Risk Management

    E-print Network

    On the Aggregation of Local Risk Models for Global Risk Management Greg Anderson Vice President: portfolio risk, total risk, optimization, positive definite. 2 #12;1 Introduction Portfolio managers of markets, e.g. equities within various different countries. Each portfolio manager will have her own

  6. Integrating legal liabilities in nanomanufacturing risk management.

    PubMed

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

    2012-08-01

    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

  7. Effectively Managing Risks of Contaminated Sediments

    SciTech Connect

    Reible, D.D.; Lampert, D.

    2008-07-01

    Various research undertaken over the past decade has improved our ability to assess and effectively manage contaminated sediments. Key to this improvement is a better understanding of the risks, both in time and space. Sediments can pose risks if contaminants are present in the biologically active zone of a water body or if transport processes can move contaminants into that zone. Conversely, effective management of contaminants can be accomplished by physically separating contaminants from the biologically active zone or hindering the transport processes that can result in contaminant migration. Both of these are accomplished by sediment capping, either conventional capping with a passive barrier such as sand, or, when greater control over mobile contaminants is required, by active capping in which amendments are used to retard any applicable transport processes. In this paper, the key transport and exposure processes are assessed and the ability to manage these risks with both passive and active capping evaluated. In summary, conventional sand capping can be effective in reducing exposures, while active capping can provide greater control; options include activated carbon/coke (to sequester organic compounds), organo-clays (to control nonaqueous phase and dissolved liquids), and clay polymers (to control permeability). Field demonstrations are underway on both coasts (including Portland, Oregon, and the Anacostia) to assess the effectiveness of various in-situ options, including organo-clay mats and other active caps. In addition, a unique in-situ sampling approach is demonstrating that pore water concentrations can be determined and employed to assess baseline or post-remedial risks due to contaminated sediments. Additional capping research is addressing issues such as gas release, treatment for other contaminants, and geotechnical tests to evaluate mobility of nonaqueous phase liquids due to cap loading and consolidation. Science and technology are combining to support more realistic risk assessments and practical management measures for contaminated sediments, with particular emphasis on in situ approaches. (authors)

  8. Managing Suicide Risk in Patients with Schizophrenia

    PubMed Central

    Kasckow, John; Felmet, Kandi; Zisook, Sidney

    2011-01-01

    The management of suicide risk in patients with schizophrenia poses many challenges for clinicians. Compared with the general population, these patients have an 8.5-fold greater risk of suicide. This article reviews the literature dealing with the treatment of at-risk patients with schizophrenia. An integrated psychosocial and pharmacological approach to managing this population of patients is recommended. Although there is at least modest evidence suggesting that antipsychotic medications protect against suicidal risk, the evidence appears to be most favourable for second-generation antipsychotics, particularly clozapine, which is the only medication approved by the US FDA for preventing suicide in patients with schizophrenia. In addition, treating depressive symptoms in patients with schizophrenia is an important component of suicide risk reduction. While selective serotonin receptor inhibitors (SSRIs) ameliorate depressive symptoms in patients with schizophrenia, they also appear to attenuate suicidal thoughts. Further research is needed to more effectively personalize the treatment of suicidal thoughts and behaviours and the prevention of suicide in patients with schizophrenia. PMID:21254789

  9. Breast cancer and spaceflight: risk and management.

    PubMed

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

    2007-04-01

    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

  10. Industrial Energy Efficiency as a Risk Management Strategy 

    E-print Network

    Naumoff, C.; Shipley, A. M.

    2007-01-01

    Industry utilizes risk management as a tool in efforts to maximize the bottom line. Industry embraced risk management strategies in the 1960s and since then it has become a key component of a comprehensive business strategy. Peter Fusaro, author...

  11. 12 CFR 704.6 - Credit risk management.

    Code of Federal Regulations, 2012 CFR

    2012-01-01

    ...2012-01-01 false Credit risk management. 704.6 Section 704.6 Banks and Banking NATIONAL...UNIONS § 704.6 Credit risk management. (a) Policies. ...securities (Inclusive of commercial mortgage-backed...

  12. 12 CFR 704.6 - Credit risk management.

    Code of Federal Regulations, 2014 CFR

    2014-01-01

    ...2014-01-01 false Credit risk management. 704.6 Section 704.6 Banks and Banking NATIONAL...UNIONS § 704.6 Credit risk management. (a) Policies. ...securities (Inclusive of commercial mortgage-backed...

  13. 12 CFR 704.6 - Credit risk management.

    Code of Federal Regulations, 2013 CFR

    2013-01-01

    ...2013-01-01 false Credit risk management. 704.6 Section 704.6 Banks and Banking NATIONAL...UNIONS § 704.6 Credit risk management. (a) Policies. ...securities (Inclusive of commercial mortgage-backed...

  14. 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...

  15. 76 FR 57723 - Electricity Sector Cybersecurity Risk Management Process Guideline

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-09-16

    ...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...

  16. 78 FR 36784 - Survey of Nanomaterial Risk Management Practices

    Federal Register 2010, 2011, 2012, 2013, 2014

    2013-06-19

    ...Docket Number NIOSH-265] Survey of Nanomaterial Risk Management Practices AGENCY...ACTION: Proposed NIOSH Survey of Nanomaterial Risk Management Practices; Notice...available that can be used to identify nanomaterial producers, distributors,...

  17. Impact of demographics on supply chain risk management practices

    E-print Network

    Kanyagui, Kenneth (Kenneth K.)

    2010-01-01

    Do demographic factors play a role in the choice of supply chain risk management practices by supply chain professionals? Are there stronger relationships between certain demographic factors and supply chain risk management ...

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

    SciTech Connect

    George A. Beitel

    2004-02-01

    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.

  19. Mission Risk Reduction Regulatory Change Management

    NASA Technical Reports Server (NTRS)

    Scroggins, Sharon

    2007-01-01

    NASA Headquarters Environmental Management Division supports NASA's mission to pioneer the future in space exploration, scientific discovery, and aeronautics research by integrating environmental considerations into programs and projects early-on, thereby proactively reducing NASA's exposure to institutional, programmatic and operational risk. As part of this effort, NASA established the Principal Center for Regulatory Risk Analysis and Communication (RRAC PC) as a resource for detecting, analyzing, and communicating environmental regulatory risks to the NASA stakeholder community. The RRAC PC focuses on detecting emerging environmental regulations and other operational change drivers that may pose risks to NASA programs and facilities, and effectively communicating the potential risks. For example, regulatory change may restrict how and where certain activities or operations may be conducted. Regulatory change can also directly affect the ability to use certain materials by mandating a production phase-out or restricting usage applications of certain materials. Regulatory change can result in significant adverse impacts to NASA programs and facilities due to NASA's stringent performance requirements for materials and components related to human-rated space vehicles. Even if a regulation does not directly affect NASA operations, U.S. and international regulations can pose program risks indirectly through requirements levied on manufacturers and vendors of components and materials. For example, manufacturers can change their formulations to comply with new regulatory requirements. Such changes can require time-consuming and costly requalification certification for use in human spaceflight programs. The RRAC PC has implemented a system for proactively managing regulatory change to minimize potential adverse impacts to NASA programs and facilities. This presentation highlights the process utilized by the RRACPC to communicate regulatory change and the associated potential risks within NASA, as well as the process for communicating and cooperating with other government agencies and industry partners, both domestic and international, to ensure mission success.

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

    ERIC Educational Resources Information Center

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

    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,…

  1. A Systems Modeling Approach for Risk Management of Command File Errors

    NASA Technical Reports Server (NTRS)

    Meshkat, Leila

    2012-01-01

    The main cause of commanding errors is often (but not always) due to procedures. Either lack of maturity in the processes, incompleteness of requirements or lack of compliance to these procedures. Other causes of commanding errors include lack of understanding of system states, inadequate communication, and making hasty changes in standard procedures in response to an unexpected event. In general, it's important to look at the big picture prior to making corrective actions. In the case of errors traced back to procedures, considering the reliability of the process as a metric during its' design may help to reduce risk. This metric is obtained by using data from Nuclear Industry regarding human reliability. A structured method for the collection of anomaly data will help the operator think systematically about the anomaly and facilitate risk management. Formal models can be used for risk based design and risk management. A generic set of models can be customized for a broad range of missions.

  2. Risk Analysis Related to Quality Management Principles

    NASA Astrophysics Data System (ADS)

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

    2012-12-01

    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.

  3. Managing total corporate electricity/energy market risks

    SciTech Connect

    Henney, A.; Keers, G.

    1998-10-01

    The banking industry has developed a tool kit of very useful value at risk techniques for hedging risk, but these techniques must be adapted to the special complexities of the electricity market. This paper starts with a short history of the use of value-at-risk (VAR) techniques in banking risk management and then examines the specific and, in many instances, complex risk management challenges faced by electric companies from the behavior of prices in electricity markets and from the character of generation and electric retailing risks. The third section describes the main methods for making VAR calculations along with an analysis of their suitability for analyzing the risks of electricity portfolios and the case for using profit at risk and downside risk as measures of risk. The final section draws the threads together and explains how to look at managing total corporate electricity market risk, which is a big step toward managing total corporate energy market risk.

  4. Developing a Common Language About IT Risk Management

    E-print Network

    Westerman, George

    2009-06-01

    Although IT risks can have wide-ranging business consequences, few executives feel comfortable discussing IT risk management. It doesn’t have to be this way. Executive-level tradeoffs around IT risk are managerial, not ...

  5. Risk Management Guide SFU Fleet Vehicle Insurance Renewal

    E-print Network

    Kavanagh, Karen L.

    Risk Management Guide SFU Fleet Vehicle Insurance Renewal SFU fleet vehicle insurance is renewed a police report and contact Risk Management in order to obtain a new one. · Ensure that all decals decals please return them to Risk Management immediately. · Review the VEHICLE USE & INSURANCE GUIDE

  6. Tank waste remediation system tank waste retrieval risk management plan

    SciTech Connect

    Klimper, S.C.

    1997-11-07

    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.

  7. 48 CFR 39.102 - Management of risk.

    Code of Federal Regulations, 2014 CFR

    2014-10-01

    ... 48 Federal Acquisition Regulations System 1 2014-10-01 2014-10-01 false Management of risk. 39.102... CONTRACTING ACQUISITION OF INFORMATION TECHNOLOGY General 39.102 Management of risk. (a) Prior to entering... monitored, funding availability, and program management risk. (c) Appropriate techniques should be...

  8. 48 CFR 39.102 - Management of risk.

    Code of Federal Regulations, 2012 CFR

    2012-10-01

    ... 48 Federal Acquisition Regulations System 1 2012-10-01 2012-10-01 false Management of risk. 39.102... CONTRACTING ACQUISITION OF INFORMATION TECHNOLOGY General 39.102 Management of risk. (a) Prior to entering... monitored, funding availability, and program management risk. (c) Appropriate techniques should be...

  9. 48 CFR 39.102 - Management of risk.

    Code of Federal Regulations, 2013 CFR

    2013-10-01

    ... 48 Federal Acquisition Regulations System 1 2013-10-01 2013-10-01 false Management of risk. 39.102... CONTRACTING ACQUISITION OF INFORMATION TECHNOLOGY General 39.102 Management of risk. (a) Prior to entering... monitored, funding availability, and program management risk. (c) Appropriate techniques should be...

  10. 12 CFR 704.6 - Credit risk management.

    Code of Federal Regulations, 2012 CFR

    2012-01-01

    ... 12 Banks and Banking 7 2012-01-01 2012-01-01 false Credit risk management. 704.6 Section 704.6 Banks and Banking NATIONAL CREDIT UNION ADMINISTRATION REGULATIONS AFFECTING CREDIT UNIONS CORPORATE CREDIT UNIONS § 704.6 Credit risk management. (a) Policies. A corporate credit union must operate according to a credit risk management policy that...

  11. 12 CFR 704.21 - Enterprise risk management.

    Code of Federal Regulations, 2013 CFR

    2013-01-01

    ... 12 Banks and Banking 7 2013-01-01 2013-01-01 false Enterprise risk management. 704.21 Section 704... CORPORATE CREDIT UNIONS § 704.21 Enterprise risk management. (a) A corporate credit union must develop and follow an enterprise risk management policy. (b) The board of directors of a corporate credit union...

  12. 12 CFR 704.21 - Enterprise risk management.

    Code of Federal Regulations, 2012 CFR

    2012-01-01

    ... 12 Banks and Banking 7 2012-01-01 2012-01-01 false Enterprise risk management. 704.21 Section 704... CORPORATE CREDIT UNIONS § 704.21 Enterprise risk management. (a) A corporate credit union must develop and follow an enterprise risk management policy. (b) The board of directors of a corporate credit union...

  13. 12 CFR 704.21 - Enterprise risk management.

    Code of Federal Regulations, 2014 CFR

    2014-01-01

    ... 12 Banks and Banking 7 2014-01-01 2014-01-01 false Enterprise risk management. 704.21 Section 704... CORPORATE CREDIT UNIONS § 704.21 Enterprise risk management. (a) A corporate credit union must develop and follow an enterprise risk management policy. (b) The board of directors of a corporate credit union...

  14. 76 FR 3697 - Risk Management Requirements for Derivatives Clearing Organizations

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-01-20

    ...SUPPLEMENTARY INFORMATION: Table of...Fair and open access...2. Risk management (a) General...13 Risk management. 39.14...21 Public information. 39.22...39.24 Governance fitness standards...Applicant's risk management program and...accurate information pursuant...Exhibit O--Governance Fitness...

  15. An evaluation of the reliability and usefulness of external-initiator PRA (probabilistic risk analysis) methodologies

    SciTech Connect

    Budnitz, R.J.; Lambert, H.E. )

    1990-01-01

    The discipline of probabilistic risk analysis (PRA) has become so mature in recent years that it is now being used routinely to assist decision-making throughout the nuclear industry. This includes decision-making that affects design, construction, operation, maintenance, and regulation. Unfortunately, not all sub-areas within the larger discipline of PRA are equally mature,'' and therefore the many different types of engineering insights from PRA are not all equally reliable. 93 refs., 4 figs., 1 tab.

  16. Math 576: Quantitative Risk Management lih@math.wsu.edu

    E-print Network

    Li, Haijun

    . where F is a common systematic risk factor affecting all obligors, and Zi is a specific risk factorMath 576: Quantitative Risk Management Haijun Li lih@math.wsu.edu Department of Mathematics Washington State University Week 6 Haijun Li Math 576: Quantitative Risk Management Week 6 1 / 24 #12;Outline

  17. Decision Making and Risk Management in Adventure Sports Coaching

    ERIC Educational Resources Information Center

    Collins, Loel; Collins, Dave

    2013-01-01

    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

  18. Cultural resource management: The risk of compliance

    SciTech Connect

    Curtis, S.A.

    1994-02-01

    The statutory mandate for federal agencies to involve American Indians in the management of cultural resources may create a cultural risk for the people those statutes are intended to protect. A conceptual framework is given to help understand this dilemma. Factors that can exacerbate the severity of the adverse cultural impacts for tribal people are also examined. Policy recommendations are offered for reducing tensions among an the participants in the statutory process.

  19. Desktop risk management and decision support

    SciTech Connect

    1997-07-01

    The world can be a risky place, and both seasoned petroleum veterans and relative newcomers know no industry exemplifies that better than oil and gas. For years, industry handled its inherent risk with diversification. In the past, {open_quotes}I`ll take part of your deal if you take part in mine{close_quotes} was an efficient way to control exposure in wells, fields and basins. Recently, more sophisticated methods of handling certain types of risks - generally financially oriented like commodity price or currency - have evolved that use financial-type tools such as futures or basis differential. However, the petroleum industry still struggles to quantify and manage its risk throughout the exploration and production chain.

  20. Cyanobacterial toxins: risk management for health protection

    SciTech Connect

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

    2005-03-15

    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 45 countries, and in numerous brackish, coastal, and marine environments. The principal toxigenic genera are listed. Known sources of the families of cyanobacterial toxins (hepato-, neuro-, and cytotoxins, irritants, and gastrointestinal toxins) are briefly discussed. Key procedures in the risk management of cyanobacterial toxins and cells are reviewed, including derivations (where sufficient data are available) of tolerable daily intakes (TDIs) and guideline values (GVs) with reference to the toxins in drinking water, and guideline levels for toxigenic cyanobacteria in bathing waters. Uncertainties and some gaps in knowledge are also discussed, including the importance of exposure media (animal and plant foods), in addition to potable and recreational waters. Finally, we present an outline of steps to develop and implement risk management strategies for cyanobacterial cells and toxins in waterbodies, with recent applications and the integration of Hazard Assessment Critical Control Point (HACCP) principles.

  1. Bisphenol a and risk management ethics.

    PubMed

    Resnik, David B; Elliott, Kevin C

    2015-03-01

    It is widely recognized that endocrine disrupting compounds, such as Bisphenol A, pose challenges for traditional paradigms in toxicology, insofar as these substances appear to have a wider range of low-dose effects than previously recognized. These compounds also pose challenges for ethics and policymaking. When a chemical does not have significant low-dose effects, regulators can allow it to be introduced into commerce or the environment, provided that procedures and rules are in place to keep exposures below an acceptable level. This option allows society to maximize the benefits from the use of the chemical while minimizing risks to human health or the environment, and it represents a compromise between competing values. When it is not possible to establish acceptable exposure levels for chemicals that pose significant health or environmental risks, the most reasonable options for risk management may be to enact either partial or complete bans on their use. These options create greater moral conflict than other risk management strategies, leaving policymakers difficult choices between competing values. PMID:24471646

  2. Ecological risk assessment benefits environmental management

    SciTech Connect

    Fairbrother, A.; Kapustka, L.A.; Williams, B.A.; Glicken, J.

    1994-12-31

    The ecological risk assessment process in its ideal form is an unbiased approach for assessing the probability of harm to the environment as a consequence of a given action. This information can then be combined with other societal values and biases in the management of such risks. However, as the process currently is understood, decision makers often are accused of manipulating information in order to generate decisions or achieve buy in from the public in support of a particular political agenda. A clear understanding of the nature of the risk management process can help define areas where information should be free from social or personal bias, and areas where values and judgments are critical. The authors do not propose to discuss the individual`s decision-making process, but rather to address the social process of risk communication and environmentally-related decision-making, identifying which parts of that process require bias-free, scientifically generated information about the consequences of various actions and which parts need an understanding of the social values which underlie the informed choices among those possible actions.

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

    ERIC Educational Resources Information Center

    Karadsheh, Louay A.

    2010-01-01

    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

  4. 10.10 Student Organization Risk Management Training Page 1 of 2 Student Organization Risk Management Training

    E-print Network

    Hung, I-Kuai

    10.10 Student Organization Risk Management Training Page 1 of 2 Student Organization Risk Management Training Original Implementation: October 30, 2007 Last Revision: October 21, 2013 At least once during each academic year, Stephen F. Austin State University shall provide a risk management training

  5. Enabling More than Moore: Accelerated Reliability Testing and Risk Analysis for Advanced Electronics Packaging

    NASA Technical Reports Server (NTRS)

    Ghaffarian, Reza; Evans, John W.

    2014-01-01

    For five decades, the semiconductor industry has distinguished itself by the rapid pace of improvement in miniaturization of electronics products-Moore's Law. Now, scaling hits a brick wall, a paradigm shift. The industry roadmaps recognized the scaling limitation and project that packaging technologies will meet further miniaturization needs or ak.a "More than Moore". This paper presents packaging technology trends and accelerated reliability testing methods currently being practiced. Then, it presents industry status on key advanced electronic packages, factors affecting accelerated solder joint reliability of area array packages, and IPC/JEDEC/Mil specifications for characterizations of assemblies under accelerated thermal and mechanical loading. Finally, it presents an examples demonstrating how Accelerated Testing and Analysis have been effectively employed in the development of complex spacecraft thereby reducing risk. Quantitative assessments necessarily involve the mathematics of probability and statistics. In addition, accelerated tests need to be designed which consider the desired risk posture and schedule for particular project. Such assessments relieve risks without imposing additional costs. and constraints that are not value added for a particular mission. Furthermore, in the course of development of complex systems, variances and defects will inevitably present themselves and require a decision concerning their disposition, necessitating quantitative assessments. In summary, this paper presents a comprehensive view point, from technology to systems, including the benefits and impact of accelerated testing in offsetting risk.

  6. Human System Risk Management for Space Flight

    NASA Technical Reports Server (NTRS)

    Davis, Jeffrey

    2015-01-01

    This brief abstract reviews the development of the current day approach to human system risk management for space flight and the development of the critical components of this process over the past few years. The human system risk management process now provides a comprehensive assessment of each human system risk by design reference mission (DRM) and is evaluated not only for mission success but also for long-term health impacts for the astronauts. The discipline of bioastronautics is the study of the biological and medical effects of space flight on humans. In 1997, the Space Life Sciences Directorate (SLSD) initiated the Bioastronautics Roadmap (Roadmap) as the "Critical Path Roadmap", and in 1998 participation in the roadmap was expanded to include the National Space Biomedical Research Institute (NSBRI) and the external community. A total of 55 risks and 250 questions were identified and prioritized and in 2000, the Roadmap was base-lined and put under configuration control. The Roadmap took into account several major advisory committee reviews including the Institute of Medicine (IOM) "Safe Passage: Astronaut care for Exploration Missions", 2001. Subsequently, three collaborating organizations at NASA HQ (Chief Health and Medical Officer, Office of Space Flight and Office of Biological & Physical Research), published the Bioastronautics Strategy in 2003, that identified the human as a "critical subsystem of space flight" and noted that "tolerance limits and safe operating bands must be established" to enable human space flight. These offices also requested a review by the IOM of the Roadmap and that review was published in October 2005 as "A Risk Reduction Strategy for Human Exploration of Space: A Review of NASA's Bioastronautics Roadmap", that noted several strengths and weaknesses of the Roadmap and made several recommendations. In parallel with the development of the Roadmap, the Office of the Chief Health and Medical Officer (OCHMO) began a process in 2004 of evaluating the tolerance limits and safe operating bands called for in the Bioastronautics Strategy. Over the next several years, the concept of the "operating bands" were turned into Space Flight Human System Standards (SFHSS), developed by the technical resources of the SLSD at the NASA Johnson Space Center (JSC). These standards were developed and reviewed at the SLSD and then presented to the OCHMO for acceptance. The first set of standards was published in 2007 as the NASA-STD-3001, Volume 1, Crew Health that elaborated standards for several physiological areas such as cardiovascular, musculoskeletal, radiation exposure and nutrition. Volume 2, Human Factors, Habitability and Human Health was published in 2011, along with development guidance in the Human Integration Design Handbook (HIDH). Taken together, the SFHSS Volumes 1 and 2, and the HIDH replaced the NASA-STD-3000 with new standards and revisions of the older document. Three other changes were also taking place that facilitated the development of the human system risk management approach. In 2005, the life sciences research and development portfolio underwent a comprehensive review through the Exploration Systems Architecture Study (ESAS) that resulted in the reformulation of the Bioastronautics Program into Human Research Program (HRP) that was focused on appropriate mitigation results for high priority human health risks. The baseline HRP budget was established in August 2005. In addition, the OCHMO formulated the Health and Medical Technical Authority (HMTA) in 2006 that established the position of the Chief Medical Officer (CMO) at the NASA JSC along with other key technical disciplines, and the OCHMO became the responsible office for the SFHSS as noted above. The final change was the establishment in 2008 of the Human System Risk Board (HSRB), chaired by the CMO with representation from the HRP, SLSD management and technical experts. The HSRB then began to review all human system risks, established a comprehensive risk managemen

  7. Can Systematic Reviews Inform GMO Risk Assessment and Risk Management?

    PubMed Central

    Kohl, Christian; Frampton, Geoff; Sweet, Jeremy; Spök, Armin; Haddaway, Neal Robert; Wilhelm, Ralf; Unger, Stefan; Schiemann, Joachim

    2015-01-01

    Systematic reviews represent powerful tools to identify, collect, synthesize, and evaluate primary research data on specific research questions in a highly standardized and reproducible manner. They enable the defensible synthesis of outcomes by increasing precision and minimizing bias whilst ensuring transparency of the methods used. This makes them especially valuable to inform evidence-based risk analysis and decision making in various topics and research disciplines. Although seen as a “gold standard” for synthesizing primary research data, systematic reviews are not without limitations as they are often cost, labor and time intensive and the utility of synthesis outcomes depends upon the availability of sufficient and robust primary research data. In this paper, we (1) consider the added value systematic reviews could provide when synthesizing primary research data on genetically modified organisms (GMO) and (2) critically assess the adequacy and feasibility of systematic review for collating and analyzing data on potential impacts of GMOs in order to better inform specific steps within GMO risk assessment and risk management. The regulatory framework of the EU is used as an example, although the issues we discuss are likely to be more widely applicable. PMID:26322307

  8. Can Systematic Reviews Inform GMO Risk Assessment and Risk Management?

    PubMed

    Kohl, Christian; Frampton, Geoff; Sweet, Jeremy; Spök, Armin; Haddaway, Neal Robert; Wilhelm, Ralf; Unger, Stefan; Schiemann, Joachim

    2015-01-01

    Systematic reviews represent powerful tools to identify, collect, synthesize, and evaluate primary research data on specific research questions in a highly standardized and reproducible manner. They enable the defensible synthesis of outcomes by increasing precision and minimizing bias whilst ensuring transparency of the methods used. This makes them especially valuable to inform evidence-based risk analysis and decision making in various topics and research disciplines. Although seen as a "gold standard" for synthesizing primary research data, systematic reviews are not without limitations as they are often cost, labor and time intensive and the utility of synthesis outcomes depends upon the availability of sufficient and robust primary research data. In this paper, we (1) consider the added value systematic reviews could provide when synthesizing primary research data on genetically modified organisms (GMO) and (2) critically assess the adequacy and feasibility of systematic review for collating and analyzing data on potential impacts of GMOs in order to better inform specific steps within GMO risk assessment and risk management. The regulatory framework of the EU is used as an example, although the issues we discuss are likely to be more widely applicable. PMID:26322307

  9. Risk management modeling and its application in maritime safety

    NASA Astrophysics Data System (ADS)

    Qin, Ting-Rong; Chen, Wei-Jiong; Zeng, Xiang-Kun

    2008-12-01

    Quantified risk assessment (QRA) needs mathematicization of risk theory. However, attention has been paid almost exclusively to applications of assessment methods, which has led to neglect of research into fundamental theories, such as the relationships among risk, safety, danger, and so on. In order to solve this problem, as a first step, fundamental theoretical relationships about risk and risk management were analyzed for this paper in the light of mathematics, and then illustrated with some charts. Second, man-machine-environment-management (MMEM) theory was introduced into risk theory to analyze some properties of risk. On the basis of this, a three-dimensional model of risk management was established that includes: a goal dimension; a management dimension; an operation dimension. This goal management operation (GMO) model was explained and then emphasis was laid on the discussion of the risk flowchart (operation dimension), which lays the groundwork for further study of risk management and qualitative and quantitative assessment. Next, the relationship between Formal Safety Assessment (FSA) and Risk Management was researched. This revealed that the FSA method, which the international maritime organization (IMO) is actively spreading, comes from Risk Management theory. Finally, conclusion were made about how to apply this risk management method to concrete fields efficiently and conveniently, as well as areas where further research is required.

  10. Unit 15: Risk Management To explain the concept of risk & to develop its role

    E-print Network

    Finkelstein, Anthony

    to repay your mortgage or any loans secured on itÓ ¥ Health risks - Òthe chance that a person1 Unit 15: Risk Management Objectives Ð To explain the concept of risk & to develop its role within the software development process Ð To introduce the use of risk management as a means of identifying

  11. TWRS safety and technical integration risk management plan

    SciTech Connect

    Fordham, R.A.

    1996-03-12

    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.

  12. Conditional Reliability Modeling of Short-term River Basin Management 

    E-print Network

    Salazar, A.; Wurbs, R. A.

    2003-01-01

    .0 25.0 30.0 0% 10% 20% 30% 40% 50% Initial Storage Monthly release (thousands ac-ft) 0% 20% 40% 60% 80% 100% Percentage of total releases S90 values 2% 5% 10% 15% 20% 25% 30% 35% 40% 45% 20 RESERVOIR RESILIENCE The ability... of risk. ? Formulation/Evaluation Drought Contingency Plans ? Defining releases as a function of storage ? Resilience ? Filling up nature of reservoirs ? Test of operational rules. 23 ACKNOWLEDGMENTS Sponsors: Texas Commission of Environmental Quality...

  13. Clinical risk management of herb–drug interactions

    PubMed Central

    De Smet, Peter A G M

    2007-01-01

    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. PMID:17116126

  14. Use quantitative analysis to manage fire risk

    SciTech Connect

    Mowrer, D.S.

    1995-04-01

    By incorporating quantitative engineering tools into fire-risk evaluations, safety engineers and managers can mitigate hazards caused by pressurized oil. Fire remains the number one factor for unscheduled downtime, lost production and equipment damage. Pressurized oil is a common and sometimes underestimated fire hazard. This hazard exists in many industrial facilities and can fuel a pool fire or an intense torch fire. Standard sprinkler protection does not affect torch fires, and either roil fire type can rapidly weaken structural steel members to the point of failure. Two case histories show how safety engineers using quantitative tools analyze fire hazards presented by pressurized oil and reduce its risks. The techniques are simple-to-use and are readily available.

  15. Management of Environmental Risks in Coastal Areas

    NASA Astrophysics Data System (ADS)

    Caprioli, M.; Trizzino, R.; Pagliarulo, R.; Scarano, M.; Mazzone, F.; Scognamiglio, A.

    2015-08-01

    The present work deals with the assessment and management of environmental risk conditions in a typical costal area of Southern Italy. This area, located in the Salento peninsula, is subject to recurrent widespread instability phenomena due to the presence of steep rocky cliffs. Along the coast there are numerous beach resorts that are very crowded in the summer season. The environmental hazard deriving from the possible rock falls is unacceptably high for the people safety. Moreover, the land-based mapping of the dangerous natural structures is very difficult and time and resources expending. In this context, we carried out an UAV survey along about 1 km of coast, near the towns of San Foca, Torre dell'Orso and Sant' Andrea ( Lecce, Southern Italy). The UAV platform was equipped with a photogrammetric measurement system that allowed us to obtain a mobile mapping of the fractured fronts of dangerous rocky cliffs. UAV-images data have been processed using dedicated software (Agisoft Photoscan). The total error obtained was of centimeter-order that is a very satisfactory result. The environmental information has been arranged in an ArcGIS platform in order to assess the risk levels. The possibility to repeat the survey at time intervals more or less close together depending on the measured levels of risk and to compare the output allows following the trend of the dangerous phenomena. In conclusion, for inaccessible locations of dangerous rocky bodies the UAV survey coupled with a GIS methodology proved to be a key engineering tool for the management of environmental risks.

  16. Evaluation of volcanic risk management in Merapi and Bromo Volcanoes

    NASA Astrophysics Data System (ADS)

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

    2012-04-01

    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

  17. Reliability, resilience and vulnerability criteria for the evaluation of time-dependent health risks: A hypothetical case study of wellhead protection

    NASA Astrophysics Data System (ADS)

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

    2012-12-01

    A hypothetical case study of groundwater contaminant protection was carried out using time-dependent health risk calculations. The case study focuses on a hypothetical zoning project for parcels of land around a well field in northern Indiana, where the control of cancer risk relative to a mandated cancer risk threshold is of concern in the management strategy. Within our analysis, we include both uncertainty in the subsurface transport and variability in population behavior in the calculation of time-dependent health risks. From these results we introduce risk maps, a visual representation of the probability of an unacceptable health risk as a function of population behavior and the time at which exposure to the contaminant begins. We also evaluate the time-dependent risks with three criteria from water resource literature: reliability, resilience, and vulnerability (RRV). With respect to health risk from a groundwater well, the three criteria determine: the probability that a well produces safe water (reliability), the probability that a contaminated well returns to an uncontaminated state within a specified time interval (resilience), and the overall severity in terms of health impact of the contamination at a well head (vulnerability). The results demonstrate that the distributions of RRV values for each parcel of land are linked to the time-dependent concentration profile of the contaminant at the well, and the toxicological characteristics of the contaminant. The proposed time-dependent risk calculation expands on current techniques to include a continuous exposure start time, capable of reproducing the maximum risk while providing information on the severity and duration of health risks. Overall this study suggests that, especially in light of the inherent complexity of health-groundwater systems, RRV are viable criteria for relatively simple and effective evaluation of time-dependent health risk. It is argued that the RRV approach, as applied to consideration of potential health impact, allows for more informed, health-based decisions regarding zoning for wellhead protection.

  18. Exploration Systems Development (ESD) Approach to Enterprise Risk Management

    NASA Technical Reports Server (NTRS)

    Bauder, Stephen P.

    2014-01-01

    The National Aeronautics and Space Administration (NASA) Exploration Systems Development (ESD) Division has implemented an innovative approach to Enterprise Risk Management under a unique governance structure and streamlined integration model. ESD's mission is to design and build the capability to extend human existence to deep space. The Enterprise consists of three Programs: Space Launch System (SLS), Orion, and Ground Systems Development and Operations (GSDO). The SLS is a rocket and launch system that will be capable of powering humans, habitats, and support systems to deep space. Orion will be the first spacecraft in history capable of taking humans to multiple destinations within deep space. GSDO is modernizing Kennedy's spaceport to launch spacecraft built and designed by both NASA and private industry. ESD's approach to Enterprise Risk Management is commensurate with affordability and a streamlined management philosophy. ESD Enterprise Risk Management leverages off of the primary mechanisms for integration within the Enterprise. The Enterprise integration approach emphasizes delegation of authority to manage and execute the majority of cross-program activities and products to the individual Programs, while maintaining the overall responsibility for all cross-program activities at the Division. The intent of the ESD Enterprise Risk Management approach is to improve risk communication, to avoid replication and/or contradictory strategies, and to minimize overhead process burden. This is accomplished by the facilitation and integration of risk information within ESD. The ESD Division risks, Orion risks, SLS risks, and GSDO risks are owned and managed by the applicable Program. When the Programs have shared risks with multiple consequences, they are jointly owned and managed. When a risk is associated with the integrated system that involves more than one Program in condition, consequence, or mitigation plan, it is considered an Exploration Systems Integration (ESI) Risk. An ESI risk may require visibility and risk handling by multiple organizations. The Integrated Risk Working Group (IRWG) is a small team of Risk experts that are responsible for collaborating and communicating best practices. In addition, the forum facilitates proper integration of risks across the Enterprise. The IRWG uses a Continuous Risk Management approach for facilitating the identification, analysis, planning, tracking, and controlling of ESI Risks. The ESD Division, Programs, and Integrated Task Teams identify ESI Risks. The IRWG maintains a set of metrics for understanding Enterprise Risk process and the overall Risk Posture. The team is also actively involved in the modeling of risk for Enterprise Performance Management. With the Enterprise being constrained in Schedule and Budget, and with significant technical complexity, the appropriate use of Risk Management techniques is crucial to the success of the Enterprise. The IRWG achieves this through the modified approach, providing a forum for collaboration on risks that cross boundaries between the separate entities.

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

    DOEpatents

    Wyss, Gregory D. (Albuquerque, NM)

    2000-01-01

    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.

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

    SciTech Connect

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

    1997-06-01

    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.

  1. Risk management of liquefied natural gas installations

    NASA Technical Reports Server (NTRS)

    Fedor, O. H.; Parsons, W. N.; Coutinho, J. De C.

    1976-01-01

    In connection with the construction of four major liquefied natural gas (LNG) facilities in New York City, the New York City Fire Commissioner has asked NASA for assistance. It was decided that the Kennedy Space Center should develop a risk management system (RMS) for the use of the New York Fire Department (NYFD). The RMS provides for a published set of safety regulations by the NYFD. A description of the RMS is presented as an example of an application of aerospace technology to a civilian sector, namely LNG facilities.

  2. Sound risk ranking is essential to effec-tive risk management.Without it, small

    E-print Network

    Spirtes, Peter

    attention and which less. In the real world, systematic reviews of risk priorities are as rare in the publicSummary Sound risk ranking is essential to effec- tive risk management.Without it, small risks may receive unwarranted atten- tion, while large ones are neglected. The challenges in ranking risks include

  3. Maximizing Energy Savings Reliability in BC Hydro Industrial Demand-side Management Programs: An Assessment of Performance Incentive Models

    NASA Astrophysics Data System (ADS)

    Gosman, Nathaniel

    For energy utilities faced with expanded jurisdictional energy efficiency requirements and pursuing demand-side management (DSM) incentive programs in the large industrial sector, performance incentive programs can be an effective means to maximize the reliability of planned energy savings. Performance incentive programs balance the objectives of high participation rates with persistent energy savings by: (1) providing financial incentives and resources to minimize constraints to investment in energy efficiency, and (2) requiring that incentive payments be dependent on measured energy savings over time. As BC Hydro increases its DSM initiatives to meet the Clean Energy Act objective to reduce at least 66 per cent of new electricity demand with DSM by 2020, the utility is faced with a higher level of DSM risk, or uncertainties that impact the costeffective acquisition of planned energy savings. For industrial DSM incentive programs, DSM risk can be broken down into project development and project performance risks. Development risk represents the project ramp-up phase and is the risk that planned energy savings do not materialize due to low customer response to program incentives. Performance risk represents the operational phase and is the risk that planned energy savings do not persist over the effective measure life. DSM project development and performance risks are, in turn, a result of industrial economic, technological and organizational conditions, or DSM risk factors. In the BC large industrial sector, and characteristic of large industrial sectors in general, these DSM risk factors include: (1) capital constraints to investment in energy efficiency, (2) commodity price volatility, (3) limited internal staffing resources to deploy towards energy efficiency, (4) variable load, process-based energy saving potential, and (5) a lack of organizational awareness of an operation's energy efficiency over time (energy performance). This research assessed the capacity of alternative performance incentive program models to manage DSM risk in BC. Three performance incentive program models were assessed and compared to BC Hydro's current large industrial DSM incentive program, Power Smart Partners -- Transmission Project Incentives, itself a performance incentive-based program. Together, the selected program models represent a continuum of program design and implementation in terms of the schedule and level of incentives provided, the duration and rigour of measurement and verification (M&V), energy efficiency measures targeted and involvement of the private sector. A multi criteria assessment framework was developed to rank the capacity of each program model to manage BC large industrial DSM risk factors. DSM risk management rankings were then compared to program costeffectiveness, targeted energy savings potential in BC and survey results from BC industrial firms on the program models. The findings indicate that the reliability of DSM energy savings in the BC large industrial sector can be maximized through performance incentive program models that: (1) offer incentives jointly for capital and low-cost operations and maintenance (O&M) measures, (2) allow flexible lead times for project development, (3) utilize rigorous M&V methods capable of measuring variable load, process-based energy savings, (4) use moderate contract lengths that align with effective measure life, and (5) integrate energy management software tools capable of providing energy performance feedback to customers to maximize the persistence of energy savings. While this study focuses exclusively on the BC large industrial sector, the findings of this research have applicability to all energy utilities serving large, energy intensive industrial sectors.

  4. Step 7: Choose the "Best" Risk Management Alternative

    Technology Transfer Automated Retrieval System (TEKTRAN)

    The ultimate purpose of the SRM tactical phase is to choose how to manage risk. Prior to this stage, we determined the sources of risk, identified the relevant management actions and estimated the likelihood of all known outcomes. Next, we combine this information with your personal risk preference...

  5. 76 FR 23646 - Financial Management Policies-Interest Rate Risk

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-04-27

    ... Office of Thrift Supervision Financial Management Policies--Interest Rate Risk AGENCY: Office of Thrift... following information collection. Title of Proposal: Financial Management Policies--Interest Rate Risk. OMB... burden for maintaining data in accordance with OTS's regulation on interest rate risk procedures, 12...

  6. 76 FR 9870 - Financial Management Policies-Interest Rate Risk

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-02-22

    ... Office of Thrift Supervision Financial Management Policies--Interest Rate Risk AGENCY: Office of Thrift... of Proposal: Financial Management Policies--Interest Rate Risk OMB Number: 1550-0094 Form Number: N/A... with OTS's regulation on interest rate risk procedures, 12 CFR 563.176. The purpose of the...

  7. RMI 357e spring 2012 Introduction to Risk Management & Insurance

    E-print Network

    Ghosh, Joydeep

    RMI 357e ­ spring 2012 1 Introduction to Risk Management & Insurance R M 357e Professor: Olga Trofimova Olga.trofimova@utexas.edu Syllabus ­ spring 2012 Textbook Principles of Risk Management version is available for semester-long "rental" at http://www.coursesmart.com/9780136117919 Risk

  8. 48 CFR 1815.203-72 - Risk management.

    Code of Federal Regulations, 2011 CFR

    2011-10-01

    ... 48 Federal Acquisition Regulations System 6 2011-10-01 2011-10-01 false Risk management. 1815.203... Proposals and Information 1815.203-72 Risk management. In all RFPs and RFOs for supplies or services for... discuss risk factors and issues throughout the proposal where they are relevant, and describe...

  9. Risk Management Policy INTERNAL AUDIT Purpose of this document

    E-print Network

    Kent, University of

    Risk Management Policy INTERNAL AUDIT SERVICE 1 Sept 2008 Purpose of this document 1. This risk. The policy explains the University's underlying approach to risk management, documents the roles and responsibilities of Council, the Executive Group, Audit Committee and other key parties. It also outlines key

  10. 48 CFR 39.102 - Management of risk.

    Code of Federal Regulations, 2011 CFR

    2011-10-01

    ... CONTRACTING ACQUISITION OF INFORMATION TECHNOLOGY General 39.102 Management of risk. (a) Prior to entering into a contract for information technology, an agency should analyze risks, benefits, and costs. (See... 48 Federal Acquisition Regulations System 1 2011-10-01 2011-10-01 false Management of risk....

  11. IEOR E4602 Quantitative Risk Management: Spring 2016 Columbia University

    E-print Network

    IEOR E4602 Quantitative Risk Management: Spring 2016 Columbia University Syllabus and Logistics behind risk-neutral or martingale pricing and complete / incomplete markets. 4. The basic mechanics. Quantitative Risk Management (2nd ed., 2015) by McNeil, Frey and Embrechts and published by Princeton

  12. Johnson Space Center's Risk and Reliability Analysis Group 2008 Annual Report

    NASA Technical Reports Server (NTRS)

    Valentine, Mark; Boyer, Roger; Cross, Bob; Hamlin, Teri; Roelant, Henk; Stewart, Mike; Bigler, Mark; Winter, Scott; Reistle, Bruce; Heydorn,Dick

    2009-01-01

    The Johnson Space Center (JSC) Safety & Mission Assurance (S&MA) Directorate s Risk and Reliability Analysis Group provides both mathematical and engineering analysis expertise in the areas of Probabilistic Risk Assessment (PRA), Reliability and Maintainability (R&M) analysis, and data collection and analysis. The fundamental goal of this group is to provide National Aeronautics and Space Administration (NASA) decisionmakers with the necessary information to make informed decisions when evaluating personnel, flight hardware, and public safety concerns associated with current operating systems as well as with any future systems. The Analysis Group includes a staff of statistical and reliability experts with valuable backgrounds in the statistical, reliability, and engineering fields. This group includes JSC S&MA Analysis Branch personnel as well as S&MA support services contractors, such as Science Applications International Corporation (SAIC) and SoHaR. The Analysis Group s experience base includes nuclear power (both commercial and navy), manufacturing, Department of Defense, chemical, and shipping industries, as well as significant aerospace experience specifically in the Shuttle, International Space Station (ISS), and Constellation Programs. The Analysis Group partners with project and program offices, other NASA centers, NASA contractors, and universities to provide additional resources or information to the group when performing various analysis tasks. The JSC S&MA Analysis Group is recognized as a leader in risk and reliability analysis within the NASA community. Therefore, the Analysis Group is in high demand to help the Space Shuttle Program (SSP) continue to fly safely, assist in designing the next generation spacecraft for the Constellation Program (CxP), and promote advanced analytical techniques. The Analysis Section s tasks include teaching classes and instituting personnel qualification processes to enhance the professional abilities of our analysts as well as performing major probabilistic assessments used to support flight rationale and help establish program requirements. During 2008, the Analysis Group performed more than 70 assessments. Although all these assessments were important, some were instrumental in the decisionmaking processes for the Shuttle and Constellation Programs. Two of the more significant tasks were the Space Transportation System (STS)-122 Low Level Cutoff PRA for the SSP and the Orion Pad Abort One (PA-1) PRA for the CxP. These two activities, along with the numerous other tasks the Analysis Group performed in 2008, are summarized in this report. This report also highlights several ongoing and upcoming efforts to provide crucial statistical and probabilistic assessments, such as the Extravehicular Activity (EVA) PRA for the Hubble Space Telescope service mission and the first fully integrated PRAs for the CxP's Lunar Sortie and ISS missions.

  13. Probabilistic economic frameworks for disaster risk management

    NASA Astrophysics Data System (ADS)

    Dulac, Guillaume; Forni, Marc

    2013-04-01

    Starting from the general concept of risk, we set up an economic analysis framework for Disaster Risk Management (DRM) investment. It builds on uncertainty management techniques - notably Monte Carlo simulations - and includes both a risk and performance metrics adapted to recurring issues in disaster risk management as entertained by governments and international organisations. This type of framework proves to be enlightening in several regards, and is thought to ease the promotion of DRM projects as "investments" rather than "costs to be born" and allow for meaningful comparison between DRM and other sectors. We then look at the specificities of disaster risk investments of medium to large scales through this framework, where some "invariants" can be identified, notably: (i) it makes more sense to perform analysis over long-term horizons -space and time scales are somewhat linked; (ii) profiling of the fluctuations of the gains and losses of DRM investments over long periods requires the ability to handle possibly highly volatile variables; (iii) complexity increases with the scale which results in a higher sensitivity of the analytic framework on the results; (iv) as the perimeter of analysis (time, theme and space-wise) is widened, intrinsic parameters of the project tend to weight lighter. This puts DRM in a very different perspective from traditional modelling, which usually builds on more intrinsic features of the disaster as it relates to the scientific knowledge about hazard(s). As models hardly accommodate for such complexity or "data entropy" (they require highly structured inputs), there is a need for a complementary approach to understand risk at global scale. The proposed framework suggests opting for flexible ad hoc modelling of specific issues consistent with one's objective, risk and performance metrics. Such tailored solutions are strongly context-dependant (time and budget, sensitivity of the studied variable in the economic framework) and can range from simple elicitation of data from a subject matter expert to calibrate a probability distribution to more advanced stochastic modelling. This approach can be referred to more as a proficiency in the language of uncertainty rather than modelling per se in the sense that it allows for greater flexibility to adapt a given context. In a real decision making context, one seldom has neither time nor budget resources to investigate all of these variables thoroughly, hence the importance of being able to prioritize the level of effort among them. Under the proposed framework, this can be done in an optimised fashion. The point here consists in applying probabilistic sensitivity analysis together with the fundamentals of the economic value of information; the framework as built is well suited to such considerations, and variables can be ranked according to their contribution to risk understanding. Efforts to deal with second order uncertainties on variables prove to be valuable when dealing with the economic value of sample information.

  14. Wind energy Computerized Maintenance Management System (CMMS) : data collection recommendations for reliability analysis.

    SciTech Connect

    Peters, Valerie A.; Ogilvie, Alistair B.

    2012-01-01

    This report addresses the general data requirements for reliability analysis of fielded wind turbines and other wind plant equipment. The report provides a rationale for why this data should be collected, a list of the data needed to support reliability and availability analysis, and specific data recommendations for a Computerized Maintenance Management System (CMMS) to support automated analysis. This data collection recommendations report was written by Sandia National Laboratories to address the general data requirements for reliability analysis of operating wind turbines. This report is intended to help develop a basic understanding of the data needed for reliability analysis from a Computerized Maintenance Management System (CMMS) and other data systems. The report provides a rationale for why this data should be collected, a list of the data needed to support reliability and availability analysis, and specific recommendations for a CMMS to support automated analysis. Though written for reliability analysis of wind turbines, much of the information is applicable to a wider variety of equipment and analysis and reporting needs. The 'Motivation' section of this report provides a rationale for collecting and analyzing field data for reliability analysis. The benefits of this type of effort can include increased energy delivered, decreased operating costs, enhanced preventive maintenance schedules, solutions to issues with the largest payback, and identification of early failure indicators.

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

    SciTech Connect

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

    2000-07-31

    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.

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

    SciTech Connect

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

    2000-08-01

    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.

  17. Adapting to a Changing Colorado River: Making Future Water Deliveries More Reliable Through Robust Management Strategies

    NASA Astrophysics Data System (ADS)

    Groves, D.; Bloom, E.; Fischbach, J. R.; Knopman, D.

    2013-12-01

    The U.S. Bureau of Reclamation and water management agencies representing the seven Colorado River Basin States initiated the Colorado River Basin Study in January 2010 to evaluate the resiliency of the Colorado River system over the next 50 years and compare different options for ensuring successful management of the river's resources. RAND was asked to join this Basin Study Team in January 2012 to help develop an analytic approach to identify key vulnerabilities in managing the Colorado River basin over the coming decades and to evaluate different options that could reduce this vulnerability. Using a quantitative approach for planning under uncertainty called Robust Decision Making (RDM), the RAND team assisted the Basin Study by: identifying future vulnerable conditions that could lead to imbalances that could cause the basin to be unable to meet its water delivery objectives; developing a computer-based tool to define 'portfolios' of management options reflecting different strategies for reducing basin imbalances; evaluating these portfolios across thousands of future scenarios to determine how much they could improve basin outcomes; and analyzing the results from the system simulations to identify key tradeoffs among the portfolios. This talk will describe RAND's contribution to the Basin Study, focusing on the methodologies used to to identify vulnerabilities for Upper Basin and Lower Basin water supply reliability and to compare portfolios of options. Several key findings emerged from the study. Future Streamflow and Climate Conditions Are Key: - Vulnerable conditions arise in a majority of scenarios where streamflows are lower than historical averages and where drought conditions persist for eight years or more. - Depending where the shortages occur, problems will arise for delivery obligations for the upper river basin and the lower river basin. The lower river basin is vulnerable to a broader range of plausible future conditions. Additional Investments in Infrastructure and Efficiency Could Improve Performance and Reduce Risk: - Different portfolios of water-supply and demand-reduction options offer performance trade-offs. - Different types of options in the portfolios, such as conservation, desalination, or water banking, would affect future outcomes and costs of implementation. - Analysis of all the portfolios identified important near-term, high-priority options that should be implemented in the near future, including municipal, industrial, and agricultural conservation. Other Solutions May Be Required: - If future hydrologic conditions develop in a manner consistent with the more pessimistic projections, the Basin is increasingly likely to face vulnerable conditions. The region may need to consider additional management options.

  18. Reliability Engineering and System Safety 92 (2007) 609618 The nuclear industry's transition to risk-informed regulation and

    E-print Network

    2007-01-01

    , USA b Nuclear Power Engineering, Quality and Safety Management Department, Tokyo Electric Power they approached operations and outage management. Those utilities that used risk in operations showed dramatic management support and leadership both at the regulator and the utility; education and training in risk

  19. Risk Management and Crisis Response: Are You Prepared?

    ERIC Educational Resources Information Center

    Schirick, Ed

    2002-01-01

    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,…

  20. RISK MANAGEMENT FRAMEWORK: HELPING ORGANIZATIONS IMPLEMENT EFFECTIVE INFORMATION SECURITY PROGRAMS

    E-print Network

    was established by the Office of Management and Budget (OMB) and the federal government's Chief InformationRISK MANAGEMENT FRAMEWORK: HELPING ORGANIZATIONS IMPLEMENT EFFECTIVE INFORMATION SECURITY PROGRAMS of Standards and Technology The management of risks to information technology (IT) systems is a fundamental

  1. 78 FR 76297 - Social Media: Consumer Compliance Risk Management Guidance

    Federal Register 2010, 2011, 2012, 2013, 2014

    2013-12-17

    ...Federal Reserve System (Board); the...that their risk management and consumer...Social media is a dynamic and constantly...assessment and management programs...to protect its systems and safeguard...and provide a dynamic environment to...that their risk management programs...

  2. 12 CFR 615.5135 - Management of interest rate risk.

    Code of Federal Regulations, 2012 CFR

    2012-01-01

    ... 12 Banks and Banking 7 2012-01-01 2012-01-01 false Management of interest rate risk. 615.5135 Section 615.5135 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND FUNDING OPERATIONS Investment Management § 615.5135 Management of interest rate risk. The board of directors...

  3. Risk Management Contract Cover Sheet https://controller.psu.edu/risk-management/contract-information

    E-print Network

    Wilf, Peter

    ­ Contract is not to be routed for University signature. The reviewed or signed agreement and the certificate Treasurer Email: riskcontracts@psu.edu US Mail: Risk Management Office The Pennsylvania State University 227 Bldg. - UP Service/Performance Date: Vendor/Company Name: (Who is PSU doing business with) Vendor

  4. Managing the Risk of Command File Errors

    NASA Technical Reports Server (NTRS)

    Meshkat, Leila; Bryant, Larry W.

    2013-01-01

    Command File Error (CFE), as defined by the Jet Propulsion Laboratory's (JPL) Mission Operations Assurance (MOA) is, regardless of the consequence on the spacecraft, either: an error in a command file sent to the spacecraft, an error in the process for developing and delivering a command file to the spacecraft, or the omission of a command file that should have been sent to the spacecraft. The risk consequence of a CFE can be mission ending and thus a concern to space exploration projects during their mission operations. A CFE during space mission operations is often the symptom of some kind of imbalance or inadequacy within the system that comprises the hardware & software used for command generation and the human experts involved in this endeavour. As we move into an era of enhanced collaboration with other NASA centers and commercial partners, these systems become more and more complex and hence it is all the more important to formally model and analyze CFEs in order to manage the risk of CFEs. Here we will provide a summary of the ongoing efforts at JPL in this area and also explain some more recent developments in the area of developing quantitative models for the purpose of managing CFE's.

  5. An object-oriented approach to risk and reliability analysis : methodology and aviation safety applications.

    SciTech Connect

    Dandini, Vincent John; Duran, Felicia Angelica; Wyss, Gregory Dane

    2003-09-01

    This article describes how features of event tree analysis and Monte Carlo-based discrete event simulation can be combined with concepts from object-oriented analysis to develop a new risk assessment methodology, with some of the best features of each. The resultant object-based event scenario tree (OBEST) methodology enables an analyst to rapidly construct realistic models for scenarios for which an a priori discovery of event ordering is either cumbersome or impossible. Each scenario produced by OBEST is automatically associated with a likelihood estimate because probabilistic branching is integral to the object model definition. The OBEST methodology is then applied to an aviation safety problem that considers mechanisms by which an aircraft might become involved in a runway incursion incident. The resulting OBEST model demonstrates how a close link between human reliability analysis and probabilistic risk assessment methods can provide important insights into aviation safety phenomenology.

  6. Integrated Reliability and Risk Analysis System (IRRAS) Version 4. 0: Tutorial

    SciTech Connect

    VanHorn, R.L.; Russell, K.D.; Skinner, N.L. )

    1992-10-01

    This NUREG is the tutorial for the Integrated Reliability and Risk Analysis System (IRRAS) Version 4.0, 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. In this tutorial, a series of lessons is provided that guides the user through basic steps common to most analyses performed with IRRAS. The tutorial is divided into two major sections: basic and additional features. The basic section contains lessons that lead the student through development of a very simple problem in IRRAS, highlighting the program's most basic features. The additional features section contains lessons that expand on basic features of IRRAS 4.0.

  7. Integrated Reliability and Risk Analysis System (IRRAS) Version 4.0: Tutorial. Volume 2

    SciTech Connect

    VanHorn, R.L.; Russell, K.D.; Skinner, N.L.

    1992-10-01

    This NUREG is the tutorial for the Integrated Reliability and Risk Analysis System (IRRAS) Version 4.0, 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. In this tutorial, a series of lessons is provided that guides the user through basic steps common to most analyses performed with IRRAS. The tutorial is divided into two major sections: basic and additional features. The basic section contains lessons that lead the student through development of a very simple problem in IRRAS, highlighting the program`s most basic features. The additional features section contains lessons that expand on basic features of IRRAS 4.0.

  8. Designs for Risk Evaluation and Management

    Energy Science and Technology Software Center (ESTSC)

    2015-12-01

    The Designs for Risk Evaluation and Management (DREAM) tool was developed as part of the effort to quantify the risk of geologic storage of carbon dioxide (CO2) under the U.S. Department of Energy?s National Risk Assessment Partnership (NRAP). DREAM is an optimization tool created to identify optimal monitoring schemes that minimize the time to first detection of CO2 leakage from a subsurface storage formation. DREAM acts as a post-processer on user-provided output from subsurface leakagemore »simulations. While DREAM was developed for CO2 leakage scenarios, it is applicable to any subsurface leakage simulation of the same output format. The DREAM tool is comprised of three main components: (1) a Java wizard used to configure and execute the simulations, (2) a visualization tool to view the domain space and optimization results, and (3) a plotting tool used to analyze the results. A secondary Java application is provided to aid users in converting common American Standard Code for Information Interchange (ASCII) output data to the standard DREAM hierarchical data format (HDF5). DREAM employs a simulated annealing approach that searches the solution space by iteratively mutating potential monitoring schemes built of various configurations of monitoring locations and leak detection parameters. This approach has proven to be orders of magnitude faster than an exhaustive search of the entire solution space. The user?s manual illustrates the program graphical user interface (GUI), describes the tool inputs, and includes an example application.« less

  9. Designs for Risk Evaluation and Management

    SciTech Connect

    2015-12-01

    The Designs for Risk Evaluation and Management (DREAM) tool was developed as part of the effort to quantify the risk of geologic storage of carbon dioxide (CO2) under the U.S. Department of Energy?s National Risk Assessment Partnership (NRAP). DREAM is an optimization tool created to identify optimal monitoring schemes that minimize the time to first detection of CO2 leakage from a subsurface storage formation. DREAM acts as a post-processer on user-provided output from subsurface leakage simulations. While DREAM was developed for CO2 leakage scenarios, it is applicable to any subsurface leakage simulation of the same output format. The DREAM tool is comprised of three main components: (1) a Java wizard used to configure and execute the simulations, (2) a visualization tool to view the domain space and optimization results, and (3) a plotting tool used to analyze the results. A secondary Java application is provided to aid users in converting common American Standard Code for Information Interchange (ASCII) output data to the standard DREAM hierarchical data format (HDF5). DREAM employs a simulated annealing approach that searches the solution space by iteratively mutating potential monitoring schemes built of various configurations of monitoring locations and leak detection parameters. This approach has proven to be orders of magnitude faster than an exhaustive search of the entire solution space. The user?s manual illustrates the program graphical user interface (GUI), describes the tool inputs, and includes an example application.

  10. Marine and Hydrokinetic Technology Development Risk Management Framework

    SciTech Connect

    Snowberg, David; Weber, Jochem

    2015-09-01

    Over the past decade, the global marine and hydrokinetic (MHK) industry has suffered a number of serious technological and commercial setbacks. To help reduce the risks of industry failures and advance the development of new technologies, the U.S. Department of Energy (DOE) and the National Renewable Energy Laboratory (NREL) developed an MHK Risk Management Framework. By addressing uncertainties, the MHK Risk Management Framework increases the likelihood of successful development of an MHK technology. It covers projects of any technical readiness level (TRL) or technical performance level (TPL) and all risk types (e.g. technological risk, regulatory risk, commercial risk) over the development cycle. This framework is intended for the development and deployment of a single MHK technology—not for multiple device deployments within a plant. This risk framework is intended to meet DOE’s risk management expectations for the MHK technology research and development efforts of the Water Power Program (see Appendix A). It also provides an overview of other relevant risk management tools and documentation.1 This framework emphasizes design and risk reviews as formal gates to ensure risks are managed throughout the technology development cycle. Section 1 presents the recommended technology development cycle, Sections 2 and 3 present tools to assess the TRL and TPL of the project, respectively. Section 4 presents a risk management process with design and risk reviews for actively managing risk within the project, and Section 5 presents a detailed description of a risk registry to collect the risk management information into one living document. Section 6 presents recommendations for collecting and using lessons learned throughout the development process.

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

    SciTech Connect

    Lamuro, R.J.

    1992-09-30

    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.

  12. Governance Level Principle 2 Risk Management Relevant UTAS

    E-print Network

    Wapstra, Erik

    to responsible governance and management. Council and its sub committees (including the Audit and Risk Committee Model This model requires Council input through the Audit and Risk Committee in four ways: Establishing for risk acceptance; Monitoring progress and providing support through the Audit and Risk Committee

  13. A multidisciplinary approach to therapeutic risk management of the suicidal patient

    PubMed Central

    Grant, Cynthia L; Lusk, Jaimie L

    2015-01-01

    As health care trends toward a system of care approach, providers from various disciplines strive to collaborate to provide optimal care for their patients. While a multidisciplinary approach to suicide risk assessment and management has been identified as important for reducing suicidality, standardized clinical guidelines for such an approach do not yet exist. In this article, the authors propose the adoption of the therapeutic risk management of the suicidal patient (TRMSP) to improve suicide risk assessment and management within multidisciplinary systems of care. The TRMSP, which has been fully articulated in previous articles, involves augmenting clinical risk assessment with structured instruments, stratifying risk in terms of both severity and temporality, and developing and documenting a safety plan. Augmenting clinical risk assessments with reliable and valid structured instruments serves several functions, including ensuring important aspects of suicide are addressed, establishing a baseline for suicidal thoughts and behaviors, facilitating interprofessional communication, and mitigating risk. Similarly, a two-dimensional risk stratification qualifying suicide risk in terms of both severity and temporality can enhance communication across providers and settings and improve understanding of acute crises in the context of chronic risk. Finally, safety planning interventions allow providers and patients to collaboratively create a personally meaningful plan for managing a suicidal crisis that can be continually modified across time with multiple providers in different care settings. In a busy care environment, the TRMSP can provide concrete guidance on conducting clinically and medicolegally sound suicide risk assessment and management. This collaborative and comprehensive process would potentially improve care of patients with suicidality, optimize clinical resources, decrease unnecessary and costly admissions, and mitigate medicolegal risk. The TRMSP may serve as a foundation for building a standardized, collaborative, stepped-care approach that patients, individual providers, and the health care system can all benefit from. PMID:26150725

  14. Probabilistic Risk Assessment for dairy waste management systems 

    E-print Network

    Leigh, Edward Marshall

    1993-01-01

    Probabilistic Risk Assessment (PRA) techniques were used to evaluate the risk of contamination of surface and ground water with wastewater from an open lot dairy in Erath County, Texas. The dairy supported a complex waste management system...

  15. Applying stochastic programming models in financial risk management 

    E-print Network

    Yang, Xi

    2010-01-01

    This research studies two modelling techniques that help seek optimal strategies in financial risk management. Both are based on the stochastic programming methodology. The first technique is concerned with market risk ...

  16. Vulnerability and social risk management in India and Mexico

    E-print Network

    Flores Ballesteros, Luis

    2008-01-01

    The development of effective community, regional and national risk-management strategies, especially for systemic risks, such as natural disasters, entails understanding the determinants of social vulnerability in individuals ...

  17. Risk Management for Sodium Fast Reactors.

    SciTech Connect

    Denman, Matthew R; Groth, Katrina; Cardoni, Jeffrey N; Wheeler, Timothy A.

    2015-01-01

    Accident management is an important component to maintaining risk at acceptable levels for all complex systems, such as nuclear power plants. With the introduction of self - correcting, or inherently safe, reactor designs the focus has shifted from management by operators to allowing the syste m's design to manage the accident. While inherently and passively safe designs are laudable, extreme boundary conditions can interfere with the design attributes which facilitate inherent safety , thus resulting in unanticipated and undesirable end states. This report examines an inherently safe and small sodium fast reactor experiencing a beyond design basis seismic event with the intend of exploring two issues : (1) can human intervention either improve or worsen the potential end states and (2) can a Bayes ian Network be constructed to infer the state of the reactor to inform (1). ACKNOWLEDGEMENTS The author s would like to acknowledge the U.S. Department of E nergy's Office of Nuclear Energy for funding this research through Work Package SR - 14SN100303 under the Advanced Reactor Concepts program. The authors also acknowledge the PRA teams at A rgonne N ational L aborator y , O ak R idge N ational L aborator y , and I daho N ational L aborator y for their continue d contributions to the advanced reactor PRA mission area.

  18. The effectiveness of risk management: an analysis of project risk planning across industries and countries.

    PubMed

    Zwikael, Ofer; Ahn, Mark

    2011-01-01

    This article examines the effectiveness of current risk management practices to reduce project risk using a multinational, multi-industry study across different scenarios and cultures. A survey was administered to 701 project managers, and their supervisors, in seven industries and three diverse countries (New Zealand, Israel, and Japan), in multiple languages during the 2002-2007 period. Results of this study show that project context--industry and country where a project is executed--significantly impacts perceived levels of project risk, and the intensity of risk management processes. Our findings also suggest that risk management moderates the relationship between risk level and project success. Specifically, we found that even moderate levels of risk management planning are sufficient to reduce the negative effect risk levels have on project success. PMID:20723146

  19. Modeling and Quantification of Team Performance in Human Reliability Analysis for Probabilistic Risk Assessment

    SciTech Connect

    Jeffrey C. JOe; Ronald L. Boring

    2014-06-01

    Probabilistic Risk Assessment (PRA) and Human Reliability Assessment (HRA) are important technical contributors to the United States (U.S.) Nuclear Regulatory Commission’s (NRC) risk-informed and performance based approach to regulating U.S. commercial nuclear activities. Furthermore, all currently operating commercial NPPs in the U.S. are required by federal regulation to be staffed with crews of operators. Yet, aspects of team performance are underspecified in most HRA methods that are widely used in the nuclear industry. There are a variety of "emergent" team cognition and teamwork errors (e.g., communication errors) that are 1) distinct from individual human errors, and 2) important to understand from a PRA perspective. The lack of robust models or quantification of team performance is an issue that affects the accuracy and validity of HRA methods and models, leading to significant uncertainty in estimating HEPs. This paper describes research that has the objective to model and quantify team dynamics and teamwork within NPP control room crews for risk informed applications, thereby improving the technical basis of HRA, which improves the risk-informed approach the NRC uses to regulate the U.S. commercial nuclear industry.

  20. 77 FR 64920 - Revisions to Reliability Standard for Transmission Vegetation Management

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-10-24

    ...the PNNL Report, with timely submissions made by NERC, the Canadian Electricity Association, American Electric Power (AEP...identify danger trees and a program to manage risk should not shield a transmission owner from enforcement if,...

  1. 7 CFR 2.44 - Administrator, Risk Management Agency and Manager, Federal Crop Insurance Corporation.

    Code of Federal Regulations, 2010 CFR

    2010-01-01

    ... 7 Agriculture 1 2010-01-01 2010-01-01 false Administrator, Risk Management Agency and Manager... Authority by the Under Secretary for Farm and Foreign Agricultural Services § 2.44 Administrator, Risk... Secretary for Farm and Foreign Agricultural Services to the Administrator, Risk Management Agency,...

  2. 7 CFR 2.44 - Administrator, Risk Management Agency and Manager, Federal Crop Insurance Corporation.

    Code of Federal Regulations, 2011 CFR

    2011-01-01

    ... 7 Agriculture 1 2011-01-01 2011-01-01 false Administrator, Risk Management Agency and Manager... Secretary for Farm and Foreign Agricultural Services to the Administrator, Risk Management Agency, and... for the transaction of the business of the Federal Crop Insurance Corporation and the Risk...

  3. 7 CFR 2.44 - Administrator, Risk Management Agency and Manager, Federal Crop Insurance Corporation.

    Code of Federal Regulations, 2014 CFR

    2014-01-01

    ... 7 Agriculture 1 2014-01-01 2014-01-01 false Administrator, Risk Management Agency and Manager... Secretary for Farm and Foreign Agricultural Services to the Administrator, Risk Management Agency, and... for the transaction of the business of the Federal Crop Insurance Corporation and the Risk...

  4. 7 CFR 2.44 - Administrator, Risk Management Agency and Manager, Federal Crop Insurance Corporation.

    Code of Federal Regulations, 2012 CFR

    2012-01-01

    ... 7 Agriculture 1 2012-01-01 2012-01-01 false Administrator, Risk Management Agency and Manager... Secretary for Farm and Foreign Agricultural Services to the Administrator, Risk Management Agency, and... for the transaction of the business of the Federal Crop Insurance Corporation and the Risk...

  5. 7 CFR 2.44 - Administrator, Risk Management Agency and Manager, Federal Crop Insurance Corporation.

    Code of Federal Regulations, 2013 CFR

    2013-01-01

    ... 7 Agriculture 1 2013-01-01 2013-01-01 false Administrator, Risk Management Agency and Manager... Secretary for Farm and Foreign Agricultural Services to the Administrator, Risk Management Agency, and... for the transaction of the business of the Federal Crop Insurance Corporation and the Risk...

  6. Satellite Radar Interferometry For Risk Management Of Gas Pipeline Networks

    NASA Astrophysics Data System (ADS)

    Ianoschi, Raluca; Schouten, Mathijs; Bas Leezenberg, Pieter; Dheenathayalan, Prabu; Hanssen, Ramon

    2013-12-01

    InSAR time series analyses can be fine-tuned for specific applications, yielding a potential increase in benchmark density, precision and reliability. Here we demonstrate the algorithms developed for gas pipeline monitoring, enabling operators to precisely pinpoint unstable locations. This helps asset management in planning, prioritizing and focusing in-situ inspections, thus reducing maintenance costs. In unconsolidated Quaternary soils, ground settlement contributes to possible failure of brittle cast iron gas pipes and their connections to houses. Other risk factors include the age and material of the pipe. The soil dynamics have led to a catastrophic explosion in the city of Amsterdam, which triggered an increased awareness for the significance of this problem. As the extent of the networks can be very wide, InSAR is shown to be a valuable source of information for identifying the hazard regions. We monitor subsidence affecting an urban gas transportation network in the Netherlands using both medium and high resolution SAR data. Results for the 2003-2010 period provide clear insights on the differential subsidence rates in the area. This enables characterization of underground motion that affects the integrity of the pipeline. High resolution SAR data add extra detail of door-to-door pipeline connections, which are vulnerable due to different settlements between house connections and main pipelines. The rates which we measure represent important input in planning of maintenance works. Managers can decide the priority and timing for inspecting the pipelines. The service helps manage the risk and reduce operational cost in gas transportation networks.

  7. 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

    Bjørkly, Stål; Moger, Tron A

    2007-12-01

    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

  8. Customer-Specific Transaction Risk Management in E-Commerce

    NASA Astrophysics Data System (ADS)

    Ruch, Markus; Sackmann, Stefan

    Increasing potential for turnover in e-commerce is inextricably linked with an increase in risk. Online retailers (e-tailers), aiming for a company-wide value orientation should manage this risk. However, current approaches to risk management either use average retail prices elevated by an overall risk premium or restrict the payment methods offered to customers. Thus, they neglect customer-specific value and risk attributes and leave turnover potentials unconsidered. To close this gap, an innovative valuation model is proposed in this contribution that integrates customer-specific risk and potential turnover. The approach presented evaluates different payment methods using their risk-turnover characteristic, provides a risk-adjusted decision basis for selecting payment methods and allows e-tailers to derive automated risk management decisions per customer and transaction without reducing turnover potential.

  9. Risk management for buildings -- Has the time come?

    SciTech Connect

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

    1997-08-01

    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.

  10. Test-Retest Reliability of Web-Based Retrospective Self-Report of Tobacco Exposure and Risk

    PubMed Central

    Brigham, Janet; Lessov-Schlaggar, Christina N; Javitz, Harold S; Krasnow, Ruth E; McElroy, Mary; Swan, Gary E

    2009-01-01

    Background Retrospectively collected data about the development and maintenance of behaviors that impact health are a valuable source of information. Establishing the reliability of retrospective measures is a necessary step in determining the utility of that methodology and in studying behaviors in the context of risk and protective factors. Objective The goal of this study was to examine the reliability of self-report of a specific health-affecting behavior, tobacco use, and its associated risk and protective factors as examined with a Web-based questionnaire. Methods Core tobacco use and risk behavior questions in the Lifetime Tobacco Use Questionnaire—a closed, invitation-only, password-controlled, Web-based instrument—were administered at a 2-month test-retest interval to a convenience sample of 1229 respondents aged 18 to 78 years. Tobacco use items, which covered cigarettes, cigars, smokeless tobacco, and pipe tobacco, included frequency of use, amount used, first use, and a pack-years calculation. Risk-related questions included family history of tobacco use, secondhand smoke exposure, alcohol use, and religiosity. Results Analyses of test-retest reliability indicated modest (.30 to .49), moderate (.50 to .69), or high (.70 to 1.00) reliability across nearly all questions, with minimal reliability differences in analyses by sex, age, and income grouping. Most measures of tobacco use history showed moderate to high reliability, particularly for age of first use, age of first weekly and first daily smoking, and age at first or only quit attempt. Some measures of family tobacco use history, secondhand smoke exposure, alcohol use, and religiosity also had high test-retest reliability. Reliability was modest for subjective response to first use. Conclusions The findings reflect the stability of retrospective recall of tobacco use and risk factor self-report responses in a Web-questionnaire context. Questions that are designed and tested with psychometric scrutiny can yield reliable results in a Web setting. PMID:19674962

  11. 77 FR 9237 - Agency Information Collection Activities; Proposed Collection; Comment Request; Risk Management...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-02-16

    ...Collection; Comment Request; Risk Management Program Requirements and Petitions...manufacturers, etc. Title: Risk Management Program Requirements and Petitions...process develop and implement a risk management program and submit a risk...

  12. Adaptive Patient Education Framework Featuring Personalized Cardiovascular Risk Management

    E-print Network

    Abidi, Syed Sibte Raza

    Adaptive Patient Education Framework Featuring Personalized Cardiovascular Risk Management objectives are to generate and evaluate a web- based personalized educational intervention for the management education material to the patient. The adaptive personalization framework is based on a patient profile

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

    SciTech Connect

    Vierow, Karen; Aldemir, Tunc

    2009-09-10

    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.

  14. Integrated Risk Management Within NASA Programs/Projects

    NASA Technical Reports Server (NTRS)

    Connley, Warren; Rad, Adrian; Botzum, Stephen

    2004-01-01

    As NASA Project Risk Management activities continue to evolve, the need to successfully integrate risk management processes across the life cycle, between functional disciplines, stakeholders, various management policies, and within cost, schedule and performance requirements/constraints become more evident and important. Today's programs and projects are complex undertakings that include a myriad of processes, tools, techniques, management arrangements and other variables all of which must function together in order to achieve mission success. The perception and impact of risk may vary significantly among stakeholders and may influence decisions that may have unintended consequences on the project during a future phase of the life cycle. In these cases, risks may be unintentionally and/or arbitrarily transferred to others without the benefit of a comprehensive systemic risk assessment. Integrating risk across people, processes, and project requirements/constraints serves to enhance decisions, strengthen communication pathways, and reinforce the ability of the project team to identify and manage risks across the broad spectrum of project management responsibilities. The ability to identify risks in all areas of project management increases the likelihood a project will identify significant issues before they become problems and allows projects to make effective and efficient use of shrinking resources. By getting a total team integrated risk effort, applying a disciplined and rigorous process, along with understanding project requirements/constraints provides the opportunity for more effective risk management. Applying an integrated approach to risk management makes it possible to do a better job at balancing safety, cost, schedule, operational performance and other elements of risk. This paper will examine how people, processes, and project requirements/constraints can be integrated across the project lifecycle for better risk management and ultimately improve the chances for mission success.

  15. Developing a Scale for Innovation Management at Schools: A Study of Validity and Reliability

    ERIC Educational Resources Information Center

    Bulbul, Tuncer

    2012-01-01

    The purpose of this study is to develop a valid and reliable assessment tool for use in determining the competency beliefs of school administrators about innovation management. The scale applied to a study group of 216 school administrators, after work Centered on assessing intelligibility and specialized opinion. Exploratory and confirmatory…

  16. SEC Training -Risk Management Washington, D.C., February 27, 2006

    E-print Network

    Frey, Robert J.

    Managers, pp. IV-3 to IV-9 · Market Risk · Liquidity Risk · Credit Risk · Leverage Risk · Operational RiskSEC Training - Risk Management Washington, D.C., February 27, 2006 Robert J. Frey, Ph.D. Director · Valuation Risk 10 #12;Monitoring Risk Source: MFA's 2005 Sound Practices for Hedge Fund Managers, pp. AI-1

  17. Mathematics, Pricing, Market Risk Management and Trading Strategies for Financial Derivatives (2/3)

    SciTech Connect

    2009-11-04

    Market Trading and Risk Management of Vanilla FX Options - Measures of Market Risk - Implied Volatility - FX Risk Reversals, FX Strangles - Valuation and Risk Calculations - Risk Management - Market Trading Strategies

  18. Mathematics, Pricing, Market Risk Management and Trading Strategies for Financial Derivatives (2/3)

    ScienceCinema

    None

    2011-10-06

    Market Trading and Risk Management of Vanilla FX Options - Measures of Market Risk - Implied Volatility - FX Risk Reversals, FX Strangles - Valuation and Risk Calculations - Risk Management - Market Trading Strategies

  19. Sustainability appraisal and flood risk management

    SciTech Connect

    Carter, Jeremy G. White, Iain Richards, Juliet

    2009-01-15

    This research establishes that sustainability appraisal (SA) has a role to play in strengthening spatial plans in the context of flooding issues. Indeed, evidence has been gathered to indicate that tentative steps are being taken in this direction during the SA of English regional spatial plans, which are used as an illustrative case study. In England as in many other countries, appraisal procedures including SA and strategic environmental assessment (SEA) are enshrined in planning law. An opportunity therefore exists to utilise existing and familiar planning tools to embed flooding considerations within spatial plans at an early stage in the planning process. SA (and similar appraisal tools such as SEA) can therefore usefully aid in the implementation of decision making principles and government policy relating to flooding. Moreover, with the threats associated with climate change becoming increasingly apparent, of which increased flood risk is a particular concern in many countries, there is a need develop appropriate adaptation responses. This article emphasizes the role that SA can play in managing future flood risk in this context.

  20. Managing the Financial Risks of Water Scarcity

    NASA Astrophysics Data System (ADS)

    Characklis, Greg; Foster, Ben; Kern, Jordan; Meyer, Eliot; Zeff, Harrison

    2015-04-01

    Environmental uncertainty poses a growing number of financial risks to society, with droughts, floods, extreme temperatures and violent storms imposing costs that approach 500 billion per year. While structural forms of mitigation (i.e. levees, dams) will certainly play a role in limiting financial impacts, these are large investments whose full value is only rarely realized. Furthermore, the value of such long-lived measures becomes increasingly uncertain in a changing climate, raising the issue of whether they will be effective 20-30 years hence. Financial instruments, such as index insurance, can provide increased flexibility by providing compensation for losses only when they occur, and limited contract periods allow terms to be periodically rewritten in response to changing conditions. Financial instruments can also be effectively combined with other economic tools and infrastructure to create integrated solutions in which infrastructure mitigates losses from moderate events, while financial products compensate for more rare, but extreme, events. There is a long history of environmentally-related insurance and hedging instruments, but to date the actuarial analyses that underlie contract structure and pricing have been based on straightforward observations, such as cumulative rainfall. More recently, simple correlations between two time series have been used to develop index-based contracts. Links between temperature and electricity demand, for example, provide a basis for contracts that are used to limit the financial exposure of power generators to low revenues during unseasonably warm winters or cool summers. Unfortunately, few environmental risks can be so quickly and easily linked to a financial impact. However, with a more advanced understanding of the environmental systems that give rise to financial losses, opportunities exist to develop innovative contracts for a range of new applications. Recent research describes the characterization and mitigation of financial losses experienced by such entities as water utilities, hydropower producers and inland shipping firms as a result of water scarcity, all of which suggest a growing role for financial instruments in managing environmental risk.

  1. To appear in: Risk Management: An International Journal, 2000. 1 Risk Agoras: Using Dialectical Argumentation to

    E-print Network

    McBurney, Peter

    and health risk. If applied, such a framework could enable wider and more e#11;ective democratic participaTo appear in: Risk Management: An International Journal, 2000. 1 Risk Agoras: Using Dialectical Argumentation to Debate Risk Peter McBurney and Simon Parsons Department of Computer Science University

  2. Instill Customer Confidence Control Costs Manage Business Growth Manage Operational and Business Risk

    E-print Network

    Doty, Sharon Lafferty

    ! " !"# # $!%&" & !"# $ ' ( $ ) * ) + , ) Instill Customer Confidence Control Costs Manage Business Growth Manage Operational and Business Risk Synthesize Information and Inform Campus Manage Investment- = IMPROVE OPERATIONAL EXCELLENCE ENHANCE RESOURCES PROCESS/THEME MEASURE ( Map Objective) ACTUAL TARGET GAP

  3. Evaluation of Risk Management Strategies for a Low-Cost, High-Risk Project

    NASA Technical Reports Server (NTRS)

    Shishko, Robert; Jorgensen, Edward J.

    1996-01-01

    This paper summarizes work in progress to define and implement a risk management process tailored to a low-cost, high-risk, NASA mission -the Microrover Flight Experiment (MFEX, commonly called the Mars microrover).

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

    NASA Astrophysics Data System (ADS)

    Ha, Taesung

    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 (ASEP) approach were performed. Since human performance in research reactors is significantly different from that in power reactors, a time-oriented HRA model (reliability physics model) was applied for the human error probability (HEP) estimation of the core relocation. This model is based on two competing random variables: phenomenological time and performance time. The response surface and direct Monte Carlo simulation with Latin Hypercube sampling were applied for estimating the phenomenological time, whereas the performance time was obtained from interviews with operators. An appropriate probability distribution for the phenomenological time was assigned by statistical goodness-of-fit tests. The human error probability (HEP) for the core relocation was estimated from these two competing quantities: phenomenological time and operators' performance time. The sensitivity of each probability distribution in human reliability estimation was investigated. In order to quantify the uncertainty in the predicted HEPs, a Bayesian approach was selected due to its capability of incorporating uncertainties in model itself and the parameters in that model. The HEP from the current time-oriented model was compared with that from the ASEP approach. Both results were used to evaluate the sensitivity of alternative huinan reliability modeling for the manual core relocation in the LOCA risk model. This exercise demonstrated the applicability of a reliability physics model supplemented with a. Bayesian approach for modeling human reliability and its potential usefulness of quantifying model uncertainty as sensitivity analysis in the PRA model.

  5. RISK MANAGEMENT RESEARCH PLAN FOR ECOSYSTEM RESTORATION IN WATERSHEDS

    EPA Science Inventory

    This document outlines the scope of National Risk Management Laboratory (NRMRL) risk management research in the area of ecosystem restoration. NRMRL is uniquely positioned to make substantial contributions to ecosystem science because of its in-house expertise relative to surfac...

  6. OVERVIEW OF THE INTRAMURAL RISK MANAGEMENT RESEARCH PROGRAM

    EPA Science Inventory

    This presentation will provide a summary of the risk management portion of ORD's endocrine disrupting chemicals (EDCs) research program, including its motivation, goals, planning efforts and resulting research areas.

    In an emerging research area like EDCs, risk management ...

  7. 48 CFR 39.102 - Management of risk.

    Code of Federal Regulations, 2010 CFR

    2010-10-01

    ... CONTRACTING ACQUISITION OF INFORMATION TECHNOLOGY General 39.102 Management of risk. (a) Prior to entering into a contract for information technology, an agency should analyze risks, benefits, and costs. (See... are not limited to: prudent project management; use of modular contracting; thorough...

  8. Wildland Fire Risk and Management on West and South Ranges

    E-print Network

    #12;#12;Wildland Fire Risk and Management on West and South Ranges Schofield Barracks, Oahu March) Intermountain Fire Science Lab, Missoula, MT CEMML TPS01-11 #12;#12;Wildland Fire Risk and Management on West .................................................................................................................................. 1 Fire Characteristics of Common Species

  9. 7 CFR 760.104 - Risk management purchase requirements.

    Code of Federal Regulations, 2011 CFR

    2011-01-01

    ...) operated under 7 CFR part 1437), have obtained NAP coverage by filing the proper paperwork and fee within... 7 Agriculture 7 2011-01-01 2011-01-01 false Risk management purchase requirements. 760.104 Section... Agricultural Disaster Assistance Programs § 760.104 Risk management purchase requirements. (a) To be...

  10. 7 CFR 760.104 - Risk management purchase requirements.

    Code of Federal Regulations, 2010 CFR

    2010-01-01

    ...) operated under 7 CFR part 1437), have obtained NAP coverage by filing the proper paperwork and fee within... 7 Agriculture 7 2010-01-01 2010-01-01 false Risk management purchase requirements. 760.104 Section... Agricultural Disaster Assistance Programs § 760.104 Risk management purchase requirements. (a) To be...

  11. 48 CFR 1815.203-72 - Risk management.

    Code of Federal Regulations, 2014 CFR

    2014-10-01

    ... 48 Federal Acquisition Regulations System 6 2014-10-01 2014-10-01 false Risk management. 1815.203-72 Section 1815.203-72 Federal Acquisition Regulations System NATIONAL AERONAUTICS AND SPACE... Proposals and Information 1815.203-72 Risk management. In all RFPs and RFOs for supplies or services...

  12. 48 CFR 1815.203-72 - Risk management.

    Code of Federal Regulations, 2013 CFR

    2013-10-01

    ... 48 Federal Acquisition Regulations System 6 2013-10-01 2013-10-01 false Risk management. 1815.203-72 Section 1815.203-72 Federal Acquisition Regulations System NATIONAL AERONAUTICS AND SPACE... Proposals and Information 1815.203-72 Risk management. In all RFPs and RFOs for supplies or services...

  13. 48 CFR 1815.203-72 - Risk management.

    Code of Federal Regulations, 2012 CFR

    2012-10-01

    ... 48 Federal Acquisition Regulations System 6 2012-10-01 2012-10-01 false Risk management. 1815.203-72 Section 1815.203-72 Federal Acquisition Regulations System NATIONAL AERONAUTICS AND SPACE... Proposals and Information 1815.203-72 Risk management. In all RFPs and RFOs for supplies or services...

  14. Essentials of Risk Management. Strategic Decisions. Board Basics.

    ERIC Educational Resources Information Center

    Sonenstein, Burton; Kumin, Laura A.

    1998-01-01

    This booklet, intended for trustees of institutions of higher education, offers some instruction on the principles of risk management. Introductory information provides a definition of risk management, which is seen as a planning and strategic function, not solely as a financial or safety assessment. Individual sections then address the following…

  15. RISK MANAGEMENT RESEARCH PLAN FOR WET WEATHER FLOWS

    EPA Science Inventory

    This plan was prepared by the National Risk Management Research Laboratory (NRMRL) of EPA's Office of Research and Development (ORD) to guide the risk management aspects of the urban wet weather flow (WWF) research for the next five years. There are three types of urban WWF dis...

  16. Risk management in concurrent engineering in presence of intelligent agents

    E-print Network

    Fox, Mark S.

    Risk management in concurrent engineering in presence of intelligent agents Taner Bilgi describe how a specific facet of systems engineering (risks) can be managed for large, concurrent categorized as: ffl events that cause a delay in the project, ffl events that cause cost overruns, ffl events

  17. An Application of Qualitative Risk Assessment in Park Management

    E-print Network

    Burgman, Mark

    and the potential threats to them is an essential part of the management of parks and reserves by Parks Victoria risks to natural values in the mallee national parks of north-western Victoria. Utilizing a workshopAn Application of Qualitative Risk Assessment in Park Management Janet M. Carey, Mark A. Burgman

  18. 12 CFR 704.6 - Credit risk management.

    Code of Federal Regulations, 2013 CFR

    2013-01-01

    ... 12 Banks and Banking 7 2013-01-01 2013-01-01 false Credit risk management. 704.6 Section 704.6 Banks and Banking NATIONAL CREDIT UNION ADMINISTRATION REGULATIONS AFFECTING CREDIT UNIONS CORPORATE CREDIT UNIONS § 704.6 Credit risk management. (a) Policies. A corporate credit union must...

  19. Dilemmas in the Community Risk Management of Sexually Offensive Behaviour.

    ERIC Educational Resources Information Center

    Robertson, John; Clegg, Jennifer

    2002-01-01

    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.…

  20. CLIMATE RISK MANAGEMENT IN INDONESIA AND THE PHILIPPINES

    E-print Network

    Smerdon, Jason E.

    CLIMATE RISK MANAGEMENT IN INDONESIA AND THE PHILIPPINES Countries in Southeast Asia experience. Since 2003, IRI has been working in Indonesia and the Philippines to demonstrate climate risk management. Agricultural planning: Indramayu, Indonesia A critical rice-growing district in densely populated West Java

  1. 48 CFR 1815.203-72 - Risk management.

    Code of Federal Regulations, 2010 CFR

    2010-10-01

    ... 48 Federal Acquisition Regulations System 6 2010-10-01 2010-10-01 true Risk management. 1815.203-72 Section 1815.203-72 Federal Acquisition Regulations System NATIONAL AERONAUTICS AND SPACE... Proposals and Information 1815.203-72 Risk management. In all RFPs and RFOs for supplies or services...

  2. Assessing Risk Management: How Effective Is Your Program?

    ERIC Educational Resources Information Center

    Murphy, Kelle L.

    2015-01-01

    Injuries may occur more often in physical education due to the nature of the activities taught. Because of this, the issue of negligence is an important concern. Risk management is one method physical educators use to decrease the occurrence of injuries and negligence. The purpose of this article is to introduce a Risk Management Inventory that…

  3. 12 CFR 704.6 - Credit risk management.

    Code of Federal Regulations, 2011 CFR

    2011-01-01

    ... 12 Banks and Banking 6 2011-01-01 2011-01-01 false Credit risk management. 704.6 Section 704.6 Banks and Banking NATIONAL CREDIT UNION ADMINISTRATION REGULATIONS AFFECTING CREDIT UNIONS CORPORATE CREDIT UNIONS § 704.6 Credit risk management. (a) Policies. A corporate credit union must...

  4. 12 CFR 704.6 - Credit risk management.

    Code of Federal Regulations, 2014 CFR

    2014-01-01

    ... 12 Banks and Banking 7 2014-01-01 2014-01-01 false Credit risk management. 704.6 Section 704.6 Banks and Banking NATIONAL CREDIT UNION ADMINISTRATION REGULATIONS AFFECTING CREDIT UNIONS CORPORATE CREDIT UNIONS § 704.6 Credit risk management. (a) Policies. A corporate credit union must...

  5. 12 CFR 652.30 - Interest rate risk management.

    Code of Federal Regulations, 2014 CFR

    2014-01-01

    ... 12 Banks and Banking 7 2014-01-01 2014-01-01 false Interest rate risk management. 652.30 Section 652.30 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM FEDERAL AGRICULTURAL MORTGAGE CORPORATION FUNDING AND FISCAL AFFAIRS § 652.30 Interest rate risk management. (a) The board of directors...

  6. EFFECTIVE RISK MANAGEMENT OF ENDOCRINE DISRUPTING CHEMICALS WORKSHOP NEWMEDIA CD

    EPA Science Inventory

    This product is a CD-ROM version of the workshop, Effective Risk Management of Endocrine Disrupting Chemicals, held in January 2002, in Cincinnati, Ohio. The goal of this workshop was to introduce the science and engineering behind managing the potential risk of suspected endocri...

  7. Risk Management Collaboration through Sharing Interactive Graphics

    NASA Astrophysics Data System (ADS)

    Slingsby, Aidan; Dykes, Jason; Wood, Jo; Foote, Matthew

    2010-05-01

    Risk management involves the cooperation of scientists, underwriters and actuaries all of whom analyse data to support decision-making. Results are often disseminated through static documents with graphics that convey the message the analyst wishes to communicate. Interactive graphics are increasingly popular means of communicating the results of data analyses because they enable other parties to explore and visually analyse some of the data themselves prior to and during discussion. Discussion around interactive graphics can occur synchronously in face-to-face meetings or with video-conferencing and screen sharing or they can occur asynchronously through web-sites such as ManyEyes, web-based fora, blogs, wikis and email. A limitation of approaches that do not involve screen sharing is the difficulty in sharing the results of insights from interacting with the graphic. Static images accompanied can be shared but these themselves cannot be interacted, producing a discussion bottleneck (Baker, 2008). We address this limitation by allowing the state and configuration of graphics to be shared (rather than static images) so that a user can reproduce someone else's graphic, interact with it and then share the results of this accompanied with some commentary. HiVE (Slingsby et al, 2009) is a compact and intuitive text-based language that has been designed for this purpose. We will describe the vizTweets project (a 9-month project funded by JISC) in which we are applying these principles to insurance risk management in the context of the Willis Research Network, the world's largest collaboration between the insurance industry and the academia). The project aims to extend HiVE to meet the needs of the sector, design, implement free-available web services and tools and to provide case studies. We will present a case study that demonstrate the potential of this approach for collaboration within the Willis Research Network. Baker, D. Towards Transparency in Visualisation Based Research. AHRC ICT Methods Network Expert Workshop. Available at http://www.viznet.ac.uk/documents Slingsby, A., Dykes, J. and Wood, J. 2009. Configuring Hierarchical Layouts to Address Research Questions. IEEE Transactions on Visualization and Computer Graphics 15 (6), Nov-Dec 2009, pp977-984.

  8. Tsunami disaster risk management capabilities in Greece

    NASA Astrophysics Data System (ADS)

    Marios Karagiannis, Georgios; Synolakis, Costas

    2015-04-01

    Greece is vulnerable to tsunamis, due to the length of the coastline, its islands and its geographical proximity to the Hellenic Arc, an active subduction zone. Historically, about 10% of all world tsunamis occur in the Mediterranean region. Here we review existing tsunami disaster risk management capabilities in Greece. We analyze capabilities across the disaster management continuum, including prevention, preparedness, response and recovery. Specifically, we focus on issues like legal requirements, stakeholders, hazard mitigation practices, emergency operations plans, public awareness and education, community-based approaches and early-warning systems. Our research is based on a review of existing literature and official documentation, on previous projects, as well as on interviews with civil protection officials in Greece. In terms of tsunami disaster prevention and hazard mitigation, the lack of tsunami inundation maps, except for some areas in Crete, makes it quite difficult to get public support for hazard mitigation practices. Urban and spatial planning tools in Greece allow the planner to take into account hazards and establish buffer zones near hazard areas. However, the application of such ordinances at the local and regional levels is often difficult. Eminent domain is not supported by law and there are no regulatory provisions regarding tax abatement as a disaster prevention tool. Building codes require buildings and other structures to withstand lateral dynamic earthquake loads, but there are no provisions for resistance to impact loading from water born debris Public education about tsunamis has increased during the last half-decade but remains sporadic. In terms of disaster preparedness, Greece does have a National Tsunami Warning Center (NTWC) and is a Member of UNESCO's Tsunami Program for North-eastern Atlantic, the Mediterranean and connected seas (NEAM) region. Several exercises have been organized in the framework of the NEAM Tsunami Warning System, with the Greek NWTC actively participating as a Candidate Tsunami Watch Provider. In addition, Greece designed and conducted the first tsunami exercise program in the Union Civil Protection Mechanism in 2011, which also considered the attrition of response capabilities by the earthquake generating the tsunami. These exercises have demonstrated the capability of the Greek NWTC to provide early warning to local civil protection authorities, but warning dissemination to the population remains an issue, especially during the summer season. However, there is no earthquake or tsunami national emergency operations plan, and we found that tsunami disaster planning and preparedness activities are rather limited at the local level. We acknowledge partial support by the project ASTARTE (Assessment, STrategy And Risk Reduction for Tsunamis in Europe) FP7-ENV2013 6.4-3, Grant 603839 to the Technical University of Crete.

  9. Integrated Risk and Knowledge Management Program -- IRKM-P

    NASA Technical Reports Server (NTRS)

    Lengyel, David M.

    2009-01-01

    The NASA Exploration Systems Mission Directorate (ESMD) IRKM-P tightly couples risk management and knowledge management processes and tools to produce an effective "modern" work environment. IRKM-P objectives include: (1) to learn lessons from past and current programs (Apollo, Space Shuttle, and the International Space Station); (2) to generate and share new engineering design, operations, and management best practices through preexisting Continuous Risk Management (CRM) procedures and knowledge-management practices; and (3) to infuse those lessons and best practices into current activities. The conceptual framework of the IRKM-P is based on the assumption that risks highlight potential knowledge gaps that might be mitigated through one or more knowledge management practices or artifacts. These same risks also serve as cues for collection of knowledge particularly, knowledge of technical or programmatic challenges that might recur.

  10. Aquatic models, genomics and chemical risk management.

    PubMed

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

    2012-01-01

    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

  11. Risk Preferences, Probability Weighting, and Strategy Tradeoffs in Wildfire Management.

    PubMed

    Hand, Michael S; Wibbenmeyer, Matthew J; Calkin, David E; Thompson, Matthew P

    2015-10-01

    Wildfires present a complex applied risk management environment, but relatively little attention has been paid to behavioral and cognitive responses to risk among public agency wildfire managers. This study investigates responses to risk, including probability weighting and risk aversion, in a wildfire management context using a survey-based experiment administered to federal wildfire managers. Respondents were presented with a multiattribute lottery-choice experiment where each lottery is defined by three outcome attributes: expenditures for fire suppression, damage to private property, and exposure of firefighters to the risk of aviation-related fatalities. Respondents choose one of two strategies, each of which includes "good" (low cost/low damage) and "bad" (high cost/high damage) outcomes that occur with varying probabilities. The choice task also incorporates an information framing experiment to test whether information about fatality risk to firefighters alters managers' responses to risk. Results suggest that managers exhibit risk aversion and nonlinear probability weighting, which can result in choices that do not minimize expected expenditures, property damage, or firefighter exposure. Information framing tends to result in choices that reduce the risk of aviation fatalities, but exacerbates nonlinear probability weighting. PMID:26269258

  12. Continuing Developments in PV Risk Management: Strategies, Solutions, and Implications

    SciTech Connect

    Lowder, T.; Mendelsohn, M.; Speer, B.; Hill, R.

    2013-02-01

    As the PV industry matures, successful risk management practices will become more imperative to ensure investor confidence, control costs, and facilitate further growth. This report discusses several key aspects of risk management during the commercial- and utility-scale project life cycle, from identification of risks, to the process of mitigating and allocating those risks among project parties, to transferring those risks through insurance. The report also explores novel techniques in PV risk management, options to offload risks onto the capital markets, and innovative insurance policies (namely warranty policies) that address risks unique to the PV sector. One of the major justifications for robust risk management in the PV industry is the cost-reduction opportunities it affords. If the PV industry can demonstrate the capability to successfully manage its risks, thereby inspiring confidence in financiers, it may be able to obtain a lower cost of capital in future transactions. A lower cost of capital translates to a lower cost of energy, which will in turn enhance PV?s competitiveness at a time when it will have to rely less on subsidies to support its market penetration.

  13. Experimental climate information services in support of risk management

    NASA Astrophysics Data System (ADS)

    Webb, R. S.; Pulwarty, R. S.; Davidson, M. A.; Shea, E. E.; Nierenberg, C.; Dole, R. M.

    2009-12-01

    Climate variability and change impact national and local economies and environments. Developing and communicating climate and climate impacts information to inform decision making requires an understanding of context, societal objectives, and identification of factors important to the management of risk. Information sensitive to changing baselines or extremes is a critical emergent need. Meeting this need requires timely production and delivery of useful climate data, information and knowledge within familiar pathways. We identify key attributes for a climate service , and the network and infrastructure to develop and coordinate the resulting services based on lessons learned in experimental implementations of climate services. "Service-type" activities already exist in many settings within federal, state, academic, and private sectors. The challenge for a climate service is to find effective implementation strategies for improving decision quality (not just meeting user needs). These strategies include upfront infrastructure investments, learning from event to event, coordinated innovation and diffusion, and highlighting common adaptation interests. Common to these strategies is the production of reliable and accessible data, analyses of emergent conditions and needs, and deliberative processes to identify appropriate entry points and uses for improved knowledge. Experimental climate services show that the development of well-structured paths among observations, projections, risk assessments and usable information requires sustained participation in “knowledge management systems” for early warning across temporal and spatial scales. Central to these systems is a collaborative framework between research and management to ensure anticipatory coordination between decision makers and information providers, allowing for emerging research findings and their attendant uncertainties to be considered. Early warnings in this context are not simply forecasts or predictions but information on potential “futures” derived from past records, expert judgments, scenarios, and availability of mechanisms and capacity to use such information. Effective experimental climate services facilitate ongoing appraisals of knowledge needs for informing adaptation and mitigation options across sectors and across scenarios of near and longer-term future climates. Analyses show that climate service experiments drawing on data, applied research and prototyping functions of activities such as RISAs and RCCs are critical to developing the learning needed to inform and structure the flow of knowledge and understanding from problem definition and applications research to information delivery, use and evaluation. These activities effectively serve to inform services implementation when overarching cross-agency coordination, knowledge management, and innovation diffusion mechanisms such as afforded by NIDIS and the Coastal Services Center are engaged. We also demonstrate the importance of positioning climate research to engage and inform the decision-making process as society anticipates and responds to climate and its impacts.

  14. Weak Satiety Responsiveness Is a Reliable Trait Associated with Hedonic Risk Factors for Overeating among Women.

    PubMed

    Dalton, Michelle; Hollingworth, Sophie; Blundell, John; Finlayson, Graham

    2015-01-01

    Some individuals exhibit a weak satiety response to food and may be susceptible to overconsumption. The current study identified women showing consistently low or high satiety responses to standardised servings of food across four separate days and compared them on behavioural, psychological and physiological risk factors for overeating and future weight gain. In a crossover design, 30 female participants (age: 28.0 ± 10.6; body mass index (BMI): 23.1 ± 3.0) recorded sensations of hunger in the post-prandial period following four graded energy level breakfasts. Satiety quotients were calculated to compare individuals on satiety responsiveness across conditions. Body composition, resting metabolic rate (RMR), energy intake, food reward and craving, and eating behaviour traits were assessed under controlled laboratory conditions. A distinct low satiety phenotype (LSP) was identified with good consistency across separate study days. These individuals had a higher RMR, greater levels of disinhibition and reported feeling lower control over food cravings. Further, they consumed more energy and exhibited greater wanting for high-fat food. The inverse pattern of characteristics was observed in those exhibiting a consistently high satiety phenotype (HSP). Weak satiety responsiveness is a reliable trait identifiable using the satiety quotient. The LSP was characterised by distinct behavioural and psychological characteristics indicating a risk for overeating, compared to HSP. PMID:26404367

  15. Weak Satiety Responsiveness Is a Reliable Trait Associated with Hedonic Risk Factors for Overeating among Women

    PubMed Central

    Dalton, Michelle; Hollingworth, Sophie; Blundell, John; Finlayson, Graham

    2015-01-01

    Some individuals exhibit a weak satiety response to food and may be susceptible to overconsumption. The current study identified women showing consistently low or high satiety responses to standardised servings of food across four separate days and compared them on behavioural, psychological and physiological risk factors for overeating and future weight gain. In a crossover design, 30 female participants (age: 28.0 ± 10.6; body mass index (BMI): 23.1 ± 3.0) recorded sensations of hunger in the post-prandial period following four graded energy level breakfasts. Satiety quotients were calculated to compare individuals on satiety responsiveness across conditions. Body composition, resting metabolic rate (RMR), energy intake, food reward and craving, and eating behaviour traits were assessed under controlled laboratory conditions. A distinct low satiety phenotype (LSP) was identified with good consistency across separate study days. These individuals had a higher RMR, greater levels of disinhibition and reported feeling lower control over food cravings. Further, they consumed more energy and exhibited greater wanting for high-fat food. The inverse pattern of characteristics was observed in those exhibiting a consistently high satiety phenotype (HSP). Weak satiety responsiveness is a reliable trait identifiable using the satiety quotient. The LSP was characterised by distinct behavioural and psychological characteristics indicating a risk for overeating, compared to HSP. PMID:26404367

  16. Risk management in medical product development process using traditional FMEA and fuzzy linguistic approach: a case study

    NASA Astrophysics Data System (ADS)

    Kirkire, Milind Shrikant; Rane, Santosh B.; Jadhav, Jagdish Rajaram

    2015-05-01

    Medical product development (MPD) process is highly multidisciplinary in nature, which increases the complexity and the associated risks. Managing the risks during MPD process is very crucial. The objective of this research is to explore risks during MPD in a dental product manufacturing company and propose a model for risk mitigation during MPD process to minimize failure events. A case study approach is employed. The existing MPD process is mapped with five phases of the customized phase gate process. The activities during each phase of development and risks associated with each activity are identified and categorized based on the source of occurrence. The risks are analyzed using traditional Failure mode and effect analysis (FMEA) and fuzzy FMEA. The results of two methods when compared show that fuzzy approach avoids the duplication of RPNs and helps more to convert cognition of experts into information to get values of risk factors. The critical, moderate, low level and negligible risks are identified based on criticality; risk treatments and mitigation model are proposed. During initial phases of MPD, the risks are less severe, but as the process progresses the severity of risks goes on increasing. The MPD process should be critically designed and simulated to minimize the number of risk events and their severity. To successfully develop the products/devices within the manufacturing companies, the process risk management is very essential. A systematic approach to manage risks during MPD process will lead to the development of medical products with expected quality and reliability. This is the first research of its kind having focus on MPD process risks and its management. The methodology adopted in this paper will help the developers, managers and researchers to have a competitive edge over the other companies by managing the risks during the development process.

  17. Risk Communication: the connection between assessment and management of changing risks

    NASA Astrophysics Data System (ADS)

    Sprague, Teresa; Prenger-Berninghoff, Kathrin; Charrière, Marie

    2013-04-01

    Working toward effective risk mitigation strategies amidst ever-present and increasingly changing risks requires first effective communication between assessment and management spheres. This notion permeates the spectrum of what can be considered the physical changing risk inputs that feed into the risk governance processes of assessment, management and communication of risks. Close connections and overlaps between assessment and management requires communication to serve as the crux for the close collaboration necessary for encouraging preventative, long-term strategies for reducing disaster risks.1 More specifically, communication of risk information plays this connective role by informing and advising policy and decision making processes conducted by actors such as spatial planners who receive this information. In this way, those who assess the risks provide information to those who must manage these risks. When this one-directional communication pathway is reciprocated, risk managers provide information to risk assessors, enabling two-way communication amongst actors working toward risk reduction. This communication and exchange of information enables development of strategies and actions taken toward creating and improving risk mitigation measures within a given territory and community. Further, management actions taken (especially for mitigative measures) can alter the physical and social elements of the spatial context of their territory.2 This demands an adjustment of the previous risk assessment information and communication of the change in potential risk. These conceptual underpinnings are addressed and presented through explanation of an analytical framework encompassing changing risk inputs into risk governance processes. The framework elaborates the risk communication component and is supported by practical examples from stakeholder meetings and site visits in the Polish and Romania case study areas of the Marie Curie ITN, CHANGES.3 Specific examples are provided especially within the topic of mitigation through spatial planning, as one of the risk management actors using the provided risk information to implement effective measures. Results of example analysis indicate that, in Poland, alteration in risk assessment methods according to the implementation of the EU Floods Directive may be detrimental to local level management strategies. In the case of Romania, evidence suggests that severe deficiencies exist in the communication and use of risk assessment information especially in the formation and implementation of land use plans. Utilizing these and other examples, the research concludes with some key points gleaned from the combination of the both conceptual and practical approach in order to foster dialogue and discussion toward future research.

  18. University Lawyers: A Study of Legal Risk, Risk Management and Role in Work Integrated Learning Programmes

    ERIC Educational Resources Information Center

    Cameron, Craig; Klopper, Christopher

    2015-01-01

    Work integrated learning (WIL) is in growing demand by multiple stakeholders within the higher education sector in Australia. There are significant and distinct legal risks to universities associated with WIL programmes. University lawyers, along with WIL administrators and university management, are responsible for managing legal risk. This…

  19. Rethinking the relationship between flood risk perception and flood management.

    PubMed

    Birkholz, S; Muro, M; Jeffrey, P; Smith, H M

    2014-04-15

    Although flood risk perceptions and their concomitant motivations for behaviour have long been recognised as significant features of community resilience in the face of flooding events, there has, for some time now, been a poorly appreciated fissure in the accompanying literature. Specifically, rationalist and constructivist paradigms in the broader domain of risk perception provide different (though not always conflicting) contexts for interpreting evidence and developing theory. This contribution reviews the major constructs that have been applied to understanding flood risk perceptions and contextualises these within broader conceptual developments around risk perception theory and contemporary thinking around flood risk management. We argue that there is a need to re-examine and re-invigorate flood risk perception research, in a manner that is comprehensively underpinned by more constructivist thinking around flood risk management as well as by developments in broader risk perception research. We draw attention to an historical over-emphasis on the cognitive perceptions of those at risk to the detriment of a richer understanding of a wider range of flood risk perceptions such as those of policy-makers or of tax-payers who live outside flood affected areas as well as the linkages between these perspectives and protective measures such as state-supported flood insurance schemes. Conclusions challenge existing understandings of the relationship between risk perception and flood management, particularly where the latter relates to communication strategies and the extent to which those at risk from flooding feel responsible for taking protective actions. PMID:24530580

  20. Outcome Measurement for COPD: Reliability and Validity of the Dyspnea Management Questionnaire

    PubMed Central

    Norweg, Anna; Jette, Alan M.; Ni, Pengsheng; Whiteson, Jonathan; Kim, Minjin

    2010-01-01

    Background The Dyspnea Management Questionnaire (DMQ) is a measure of the psychosocial and behavioral responses to dyspnea for adults with COPD. The research objectives were to evaluate the reliability and validity of an expanded DMQ item pool, as a preliminary step for developing a computer adaptive test. Methods The original 66 items of the DMQ were used for the analyses. The sample included 63 women and 44 men with COPD (n = 107) recruited from two urban medical centers. We used confirmatory factor analysis to test the factor structure of the DMQ and its underlying cognitive-behavioral theoretical base. The internal consistency and test-retest reliability, and breadth of coverage of the expanded DMQ item bank were also evaluated. Results Five distinct dyspnea domains were confirmed using 56 original items of the DMQ: dyspnea intensity, dyspnea anxiety, activity avoidance, activity self-efficacy, and strategy satisfaction. Overall, the breadth of items was excellent with a good match between sample scores and item difficulty. The DMQ-56 showed good internal consistency reliability (? = .85 to .96) and good preliminary test-retest reliability over a 3-week interval (ICC = .69 to .92). Conclusions The DMQ demonstrated acceptable levels of reliability and validity for measuring multidimensional dyspnea outcomes after medical, psychological, and behavioral interventions for adults with COPD. PMID:20884194

  1. 42 CFR 441.476 - Risk management.

    Code of Federal Regulations, 2011 CFR

    2011-10-01

    42 Public Health 4 2011-10-01...441.476 Public Health CENTERS FOR...DEPARTMENT OF HEALTH AND HUMAN SERVICES...specify the risk assessment methods it uses to identify...the risks that an individual is willing...

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

    SciTech Connect

    Stillwell, W.; Seaver, D.; Keller, J.; Smith, D.; Weaver, D.; Sanders, T.; Thullen, P.

    1993-02-01

    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.

  3. Integrated Waste Treatment Unit GFSI Risk Management Plan

    SciTech Connect

    W. A. Owca

    2007-06-21

    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).

  4. Sensor Selection and Data Validation for Reliable Integrated System Health Management

    NASA Technical Reports Server (NTRS)

    Garg, Sanjay; Melcher, Kevin J.

    2008-01-01

    For new access to space systems with challenging mission requirements, effective implementation of integrated system health management (ISHM) must be available early in the program to support the design of systems that are safe, reliable, highly autonomous. Early ISHM availability is also needed to promote design for affordable operations; increased knowledge of functional health provided by ISHM supports construction of more efficient operations infrastructure. Lack of early ISHM inclusion in the system design process could result in retrofitting health management systems to augment and expand operational and safety requirements; thereby increasing program cost and risk due to increased instrumentation and computational complexity. Having the right sensors generating the required data to perform condition assessment, such as fault detection and isolation, with a high degree of confidence is critical to reliable operation of ISHM. Also, the data being generated by the sensors needs to be qualified to ensure that the assessments made by the ISHM is not based on faulty data. NASA Glenn Research Center has been developing technologies for sensor selection and data validation as part of the FDDR (Fault Detection, Diagnosis, and Response) element of the Upper Stage project of the Ares 1 launch vehicle development. This presentation will provide an overview of the GRC approach to sensor selection and data quality validation and will present recent results from applications that are representative of the complexity of propulsion systems for access to space vehicles. A brief overview of the sensor selection and data quality validation approaches is provided below. The NASA GRC developed Systematic Sensor Selection Strategy (S4) is a model-based procedure for systematically and quantitatively selecting an optimal sensor suite to provide overall health assessment of a host system. S4 can be logically partitioned into three major subdivisions: the knowledge base, the down-select iteration, and the final selection analysis. The knowledge base required for productive use of S4 consists of system design information and heritage experience together with a focus on components with health implications. The sensor suite down-selection is an iterative process for identifying a group of sensors that provide good fault detection and isolation for targeted fault scenarios. In the final selection analysis, a statistical evaluation algorithm provides the final robustness test for each down-selected sensor suite. NASA GRC has developed an approach to sensor data qualification that applies empirical relationships, threshold detection techniques, and Bayesian belief theory to a network of sensors related by physics (i.e., analytical redundancy) in order to identify the failure of a given sensor within the network. This data quality validation approach extends the state-of-the-art, from red-lines and reasonableness checks that flag a sensor after it fails, to include analytical redundancy-based methods that can identify a sensor in the process of failing. The focus of this effort is on understanding the proper application of analytical redundancy-based data qualification methods for onboard use in monitoring Upper Stage sensors.

  5. Risk Assessment and Risk Management in Offenders with Intellectual Disabilities: Are We There Yet?

    ERIC Educational Resources Information Center

    Pouls, Claudia; Jeandarme, Inge

    2015-01-01

    Research on risk assessment and risk management in offenders with intellectual disabilities (OIDs), although far behind compared to the mainstream offender literature, is now expanding. The current review provides an overview of the predictive value of risk assessment and treatment outcome monitoring tools developed for both mainstream forensic…

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

    ERIC Educational Resources Information Center

    Starr, Karen

    2012-01-01

    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…

  7. Improving Our Odds: Success through Continuous Risk Management

    NASA Technical Reports Server (NTRS)

    Greenhalgh, Phillip O.

    2009-01-01

    Launching a rocket, running a business, driving to work and even day-to-day living all involve some degree of risk. Risk is ever present yet not always recognized, adequately assessed and appropriately mitigated. Identification, assessment and mitigation of risk are elements of the risk management component of the "continuous improvement" way of life that has become a hallmark of successful and progressive enterprises. While the application of risk management techniques to provide continuous improvement may be detailed and extensive, the philosophy, ideals and tools can be beneficially applied to all situations. Experiences with the use of risk identification, assessment and mitigation techniques for complex systems and processes are described. System safety efforts and tools used to examine potential risks of the Ares I First Stage of NASA s new Constellation Crew Launch Vehicle (CLV) presently being designed are noted as examples. Recommendations from lessons learned are provided for the application of risk management during the development of new systems as well as for the improvement of existing systems. Lessons learned and suggestions given are also examined for applicability to simple systems, uncomplicated processes and routine personal daily tasks. This paper informs the reader of varied uses of risk management efforts and techniques to identify, assess and mitigate risk for improvement of products, success of business, protection of people and enhancement of personal life.

  8. 77 FR 65000 - Drug Safety and Risk Management Advisory Committee; Notice of Meeting

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-10-24

    ...FDA-2012-N-0001] Drug Safety and Risk Management Advisory Committee; Notice of...of Committee: Drug Safety and Risk Management Advisory Committee. General...before CDER's Drug Safety and Risk Management Advisory Committee...

  9. 12 CFR 1710.19 - Compliance and risk management programs; compliance with other laws.

    Code of Federal Regulations, 2010 CFR

    2010-01-01

    ...2010-01-01 false Compliance and risk management programs; compliance with other... § 1710.19 Compliance and risk management programs; compliance with other...necessary and appropriate. (b) Risk management program. (1) An...

  10. 32 CFR 536.154 - Claims involving tortfeasors other than nonappropriated fund employees: NAFI risk management...

    Code of Federal Regulations, 2010 CFR

    2010-07-01

    ...than nonappropriated fund employees: NAFI risk management program (RIMP) claims. 536.154...than nonappropriated fund employees: NAFI risk management program (RIMP) claims. The risk management program (RIMP) is administered by...

  11. 12 CFR 652.15 - Interest rate risk management and requirements.

    Code of Federal Regulations, 2010 CFR

    2010-01-01

    ...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...

  12. 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. 615.5181 Section...615.5181 Bank interest rate risk management program. (a) The board...oversight to the interest rate risk management program and must be...

  13. 77 FR 75176 - Drug Safety and Risk Management Advisory Committee; Notice of Meeting

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-12-19

    ...FDA-2012-N-0548] Drug Safety and Risk Management Advisory Committee; Notice of...29-30, 2012, Drug Safety and Risk Management Advisory Committee meeting due...of Committee: Drug Safety and Risk Management Advisory Committee....

  14. 12 CFR 563.176 - Interest-rate-risk-management procedures.

    Code of Federal Regulations, 2010 CFR

    2010-01-01

    ... false Interest-rate-risk-management procedures. 563.176 Section...563.176 Interest-rate-risk-management procedures. Savings associations...policy for interest-rate-risk management and shall make that...

  15. 12 CFR 615.5180 - Interest rate risk management by banks-general.

    Code of Federal Regulations, 2010 CFR

    2010-01-01

    ...2010-01-01 false Interest rate risk management by banks-general. 615... § 615.5180 Interest rate risk management by banks—general. The...and implement an interest rate risk management program tailored to the...

  16. 17 CFR 23.600 - Risk Management Program for swap dealers and major swap participants.

    Code of Federal Regulations, 2013 CFR

    2013-04-01

    ...2013-04-01 false Risk Management Program for swap dealers...Participants § 23.600 Risk Management Program for swap dealers...verification for risk management purposes), trading, sales, marketing, advertising, solicitation,...

  17. 17 CFR 23.600 - Risk Management Program for swap dealers and major swap participants.

    Code of Federal Regulations, 2014 CFR

    2014-04-01

    ...2014-04-01 false Risk Management Program for swap dealers...Participants § 23.600 Risk Management Program for swap dealers...verification for risk management purposes), trading, sales, marketing, advertising, solicitation,...

  18. 76 FR 38293 - Risk Management Controls for Brokers or Dealers With Market Access

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-06-30

    ...system of risk management controls and...systematically limit the financial exposure of the...system of risk management controls and...systematically limit the financial exposure of the...The required financial risk management controls...

  19. 75 FR 69791 - Risk Management Controls for Brokers or Dealers With Market Access

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-11-15

    ...document, and maintain a system of risk management controls and supervisory...document, and maintain a system of risk management controls and supervisory...a]n effective risk management system should be tailored to...

  20. 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...

  1. 76 FR 34639 - Funding Opportunity Title: Risk Management Education and Outreach Partnerships Program...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-06-14

    ...: Financial Tools and Planning; Farm Management Strategies; Human: Farm Labor; Farm Safety; Food Safety, Risk... Federal Crop Insurance Corporation Funding Opportunity Title: Risk Management Education and Outreach.... ] SUMMARY: The Federal Crop Insurance Corporation (FCIC), operating through the Risk Management Agency...

  2. Rangeland Risk Management for Texans: Managing Residual Forage for Rangeland Health 

    E-print Network

    Hanselka, C. Wayne; White, Larry D.; Holechek, Jerry L.

    2002-01-11

    Livestock grazing is a tool for managing economic and climatic risk. Overgrazing increases a producer's risk should drought occur or market prices decline. This publication explains the importance of leaving enough forage residue to protect against...

  3. 76 FR 29992 - Loan Policies and Operations; Lending and Leasing Limits and Risk Management

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-05-24

    ...and Leasing Limits and Risk Management AGENCY: Farm Credit...and lease concentration risk mitigation (risk mitigation...and lease concentration risks (as set forth in paragraph...authorities delegated to management, authorities...

  4. A phased approach to induced seismicity risk management

    SciTech Connect

    White, Joshua A.; Foxall, William

    2014-01-01

    This work describes strategies for assessing and managing induced seismicity risk during each phase of a carbon storage project. We consider both nuisance and damage potential from induced earthquakes, as well as the indirect risk of enhancing fault leakage pathways. A phased approach to seismicity management is proposed, in which operations are continuously adapted based on available information and an on-going estimate of risk. At each project stage, specific recommendations are made for (a) monitoring and characterization, (b) modeling and analysis, and (c) site operations. The resulting methodology can help lower seismic risk while ensuring site operations remain practical and cost-effective.

  5. A phased approach to induced seismicity risk management

    DOE PAGESBeta

    White, Joshua A.; Foxall, William

    2014-01-01

    This work describes strategies for assessing and managing induced seismicity risk during each phase of a carbon storage project. We consider both nuisance and damage potential from induced earthquakes, as well as the indirect risk of enhancing fault leakage pathways. A phased approach to seismicity management is proposed, in which operations are continuously adapted based on available information and an on-going estimate of risk. At each project stage, specific recommendations are made for (a) monitoring and characterization, (b) modeling and analysis, and (c) site operations. The resulting methodology can help lower seismic risk while ensuring site operations remain practical andmore »cost-effective.« less

  6. Application of Risk Assessment Tools in the Continuous Risk Management (CRM) Process

    NASA Technical Reports Server (NTRS)

    Ray, Paul S.

    2002-01-01

    Marshall Space Flight Center (MSFC) of the National Aeronautics and Space Administration (NASA) is currently implementing the Continuous Risk Management (CRM) Program developed by the Carnegie Mellon University and recommended by NASA as the Risk Management (RM) implementation approach. The four most frequently used risk assessment tools in the center are: (a) Failure Modes and Effects Analysis (FMEA), Hazard Analysis (HA), Fault Tree Analysis (FTA), and Probabilistic Risk Analysis (PRA). There are some guidelines for selecting the type of risk assessment tools during the project formulation phase of a project, but there is not enough guidance as to how to apply these tools in the Continuous Risk Management process (CRM). But the ways the safety and risk assessment tools are used make a significant difference in the effectiveness in the risk management function. Decisions regarding, what events are to be included in the analysis, to what level of details should the analysis be continued, make significant difference in the effectiveness of risk management program. Tools of risk analysis also depends on the phase of a project e.g. at the initial phase of a project, when not much data are available on hardware, standard FMEA cannot be applied; instead a functional FMEA may be appropriate. This study attempted to provide some directives to alleviate the difficulty in applying FTA, PRA, and FMEA in the CRM process. Hazard Analysis was not included in the scope of the study due to the short duration of the summer research project.

  7. The Validity and Reliability of the Parent Fever Management Scale: A Study from Palestine.

    PubMed

    Zyoud, Sa'ed H; Al-Jabi, Samah W; Nabulsi, Masa M; Tubaila, Mais F; Sweileh, Waleed M; Awang, Rahmat; Walsh, Anne

    2015-08-01

    Parental concern about childhood fever and consequent use of antipyretics is increasing. Little is known about childhood fever management among Arab parents. No scales to measure parents' fever management practices in Palestine are available. The aim of this study was to validate the Arabic version of the Parent Fever Management Scale (PFMS) using a sample of parents in Palestine. A standard "forward-backward" procedure was used to translate PFMS into Arabic language. It was then validated on a convenience sample of 402 parents between July and October 2012. Descriptive statistics were used, and instrument reliability was assessed for internal consistency using Cronbach's alpha coefficient. Validity was confirmed using convergent and known group validation. Applying the recommended scoring method, the median (interquartile range) score of the PFMS was 26 (23-30). Acceptable internal consistency was found (Cronbach's alpha = 0.733) and the test-retest reliability value was 0.92 (P < 0.001). The Chi squared (? (2)) test showed a significant relationship between PFMS groups and frequent daily administration of antipyretic groups (? (2) = 52.86; P < 0.001). The PFMS sensitivity and specificity were 77.67 and 57.75 %, respectively. The positive and negative predictive values were 67.89 and 32.11 %, respectively. The Arabic version of the PFMS is a reliable and valid measure and can be used as a useful tool for health professionals to identify parents' fever management practices. The Arabic version of the PFMS can be used to reduce unnecessary parental practices in fever management for a febrile child. PMID:24880253

  8. Initial Evidence for the Reliability and Validity of the Student Risk Screening Scale with Elementary Age English Learners

    ERIC Educational Resources Information Center

    Lane, Kathleen Lynne; Richards-Tutor, Catherine; Oakes, Wendy Peia; Connor, Kristin

    2014-01-01

    We report findings of a validation study exploring the Student Risk Screening Scale (SRSS; Drummond, 1994) for use with English learners (ELs) attending a large suburban elementary school. First, we explored the reliability of the SRSS by examining internal consistency, with results indicating adequate internal consistency (0.83). Second, we…

  9. Reliability and Validity Analysis of the "Stay Well and Healthy!" Health Risk Appraisal for Persons with Intellectual and Developmental Disabilities

    ERIC Educational Resources Information Center

    Earle Hahn, Joan; Aronow, Harriet Udin

    2011-01-01

    Background: The "Stay Well and Healthy!" Health Risk Appraisal (SWH-HRA) tool was developed and piloted in an in-home preventive healthcare program for persons ageing with intellectual and developmental disabilities (Aronow & Hahn 2005; Hahn & Aronow 2005). This paper presents the results of reliability and validity assessment of the SWH-HRA tool…

  10. Systematic Screening at the Middle School Level: Score Reliability and Validity of the Student Risk Screening Scale

    ERIC Educational Resources Information Center

    Lane, Kathleen Lynne; Parks, Robin J.; Kalberg, Jemma Robertson; Carter, Erik W.

    2007-01-01

    This article presents findings of two studies, one conducted with middle school students (n = 500) in a rural setting and a second conducted with middle school students (n = 528) in an urban setting, of the reliability and validity of the "Student Risk Screening Scale" (SRSS; Drummond, 1994). Results revealed high internal consistency, test-retest…

  11. Risk Management on the National Compact Stellarator Project (NCSX)

    SciTech Connect

    Risk Management on the National Compact Stellarator Project

    2009-02-06

    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.

  12. A challenge for land and risk managers: differents stakeholders, differents definitions of the risks

    NASA Astrophysics Data System (ADS)

    Fernandez, M.; Ruegg, J.

    2012-04-01

    In developing countries, mountain populations and territories are subject to multiple risks and vulnerabilities. In addition, they face even greater challenges than developed countries due to lack of knowledge, resources and technology. There are many different types of actors in society that manage risk at various scales and levels (i.e. engineers, geologists, administrators, land use planners, merchants and local indigenous and non-indigenous people). Because of limited resources and possibilities to reduce all types of risk, these different actors, or 'risk managers' have to choose and compete to prioritize which types of risks to address. This paper addresses a case study from San Cristobal Altaverapaz, Guatemala where a large landslide "Los Chorros", a catastrophic collapse of 6 millions cubic meters of rock, is affecting several communities and one of the country's main west-east access highways. In this case, the government established that the "primary" risk is the landslide, whereas other local stakeholders consider the primary risks to be economic This paper, situated at the cross section between political science, geography and disaster risk management, addresses the social conflict and competition for priorities and solutions for risk management, depending on the group of actors based on the on-going Los Chorros, Guatemala landslide mitigation process. This work is based on the analysis of practices, (Practical Science), policies and institutions in order to understand how the inclusion of multiple stakeholders in determining risk priorities can lead to more sustainable risk management in a given territory. The main objective of this investigation is first to identify and understand the juxtaposition of different readings of the risk equation, usually considered the interface between vulnerability, exposure and hazards. Secondly, it is to analyze the mechanisms of actions taken by various stakeholders, or risk managers. The analysis focuses on the various solutions proposed for reducing vulnerabilities (and consequentially their risks). To resolve a post-disaster situation, the actors prioritize one main type of vulnerability to address a set of vulnerabilities (in a multi-vulnerability context). With this choice, they define their own acceptable risk limits and the type of action that is most relevant. In doing so, they have to determine what elements can be changed and improved and which elements must be considered essential and preserved or the priority variables. These may include: equipment, production facilities, networks, services, modes of production and organizations, etc. or various economic and social capitals upon which individuals and groups rely for recovering from a post-disaster situation. Depending on the actor, certain factors will be will be emphasized over others and these may change over time. Linked with this political, institutional and geographical analysis of risk management, this work also questions who are the legitimate actors and the right criteria to prioritize risk reduction actions using public funds criteria and finally, which motivations are satisfied. In this sense, the challenge for managers of natural hazards is to move from risk management in the strict sense, which focuses mainly on hazards only, to a broader risks management, taking into consideration what is important for society and for the functioning of systems (what have not be vulnerable in a territorial system). In a context where risk and risk management is produced and managed by both formal and informal stakeholders, the main issue is how to engage the various stakeholders and evaluate different priorities of risk in order to determine which actions are best suited for a more balanced approach to risk management. This case study demonstrates that reducing landslide risk is subject to interpretation depending on the stakeholder and the result of priorities, providing on the role of each actor, their needs and range of action with a territory.

  13. Reliability of Fitness Tests Using Methods and Time Periods Common in Sport and Occupational Management

    PubMed Central

    Burnstein, Bryan D.; Steele, Russell J.; Shrier, Ian

    2011-01-01

    Context: Fitness testing is used frequently in many areas of physical activity, but the reliability of these measurements under real-world, practical conditions is unknown. Objective: To evaluate the reliability of specific fitness tests using the methods and time periods used in the context of real-world sport and occupational management. Design: Cohort study. Setting: Eighteen different Cirque du Soleil shows. Patients or Other Participants: Cirque du Soleil physical performers who completed 4 consecutive tests (6-month intervals) and were free of injury or illness at each session (n = 238 of 701 physical performers). Intervention(s): Performers completed 6 fitness tests on each assessment date: dynamic balance, Harvard step test, handgrip, vertical jump, pull-ups, and 60-second jump test. Main Outcome Measure(s): We calculated the intraclass coefficient (ICC) and limits of agreement between baseline and each time point and the ICC over all 4 time points combined. Results: Reliability was acceptable (ICC > 0.6) over an 18-month time period for all pairwise comparisons and all time points together for the handgrip, vertical jump, and pull-up assessments. The Harvard step test and 60-second jump test had poor reliability (ICC < 0.6) between baseline and other time points. When we excluded the baseline data and calculated the ICC for 6-month, 12-month, and 18-month time points, both the Harvard step test and 60-second jump test demonstrated acceptable reliability. Dynamic balance was unreliable in all contexts. Limit-of-agreement analysis demonstrated considerable intraindividual variability for some tests and a learning effect by administrators on others. Conclusions: Five of the 6 tests in this battery had acceptable reliability over an 18-month time frame, but the values for certain individuals may vary considerably from time to time for some tests. Specific tests may require a learning period for administrators. PMID:22488138

  14. ePORT, NASA's Computer Database Program for System Safety Risk Management Oversight (Electronic Project Online Risk Tool)

    NASA Technical Reports Server (NTRS)

    Johnson, Paul W.

    2008-01-01

    ePORT (electronic Project Online Risk Tool) provides a systematic approach to using an electronic database program to manage a program/project risk management processes. This presentation will briefly cover the standard risk management procedures, then thoroughly cover NASA's Risk Management tool called ePORT. This electronic Project Online Risk Tool (ePORT) is a web-based risk management program that provides a common framework to capture and manage risks, independent of a programs/projects size and budget. It is used to thoroughly cover the risk management paradigm providing standardized evaluation criterion for common management reporting, ePORT improves Product Line, Center and Corporate Management insight, simplifies program/project manager reporting, and maintains an archive of data for historical reference.

  15. Hurricane risk management and climate information gatekeeping in southeast Florida

    NASA Astrophysics Data System (ADS)

    Treuer, G.; Bolson, J.

    2013-12-01

    Tropical storms provide fresh water necessary for healthy economies and health ecosystems. Hurricanes, massive tropical storms, threaten catastrophic flooding and wind damage. Sea level rise exacerbates flooding risks from rain and storm surge for coastal communities. Climate change adaptation measures to manage this risk must be implemented locally, but actions at other levels of government and by neighboring communities impact the options available to local municipalities. When working on adaptation local decision makers must balance multiple types of risk: physical or scientifically described risks, legal risks, and political risks. Generating usable or actionable climate science is a goal of the academic climate community. To do this we need to expand our analysis to include types of risk that constrain the use of objective science. Integrating physical, legal, and political risks is difficult. Each requires specific expertise and uses unique language. An opportunity exists to study how local decision makers manage all three on a daily basis and how their risk management impacts climate resilience for communities and ecosystems. South Florida's particular vulnerabilities make it an excellent case study. Besides physical vulnerabilities (low elevation, intense coastal development, frequent hurricanes, compromised ecosystems) it also has unique legal and political challenges. Federal and state property rights protections create legal risks for government action that restricts land use to promote climate adaptation. Also, a lack of cases that deal with climate change creates uncertainty about the nature of these legal risks. Politically Florida is divided ideologically and geographically. The regions in the southeast which are most vulnerable are predominantly Hispanic and under-represented at the state level, where leadership on climate change is functionally nonexistent. It is conventional wisdom amongst water managers in Florida that little climate adaptation will not occur until a major hurricane hits the region, despite the cost effectiveness of preemptive interventions. It is assumed that after a hurricane the political risks will shift. New policies will be tried and new infrastructure will be built. Many municipalities and agencies are creating "shovel ready" plans in advance to take advantage of post-catastrophe funds. How do the design of these plans reflect perceptions of legal and political risk? Will they do a good job of reducing scientific risk by addressing long term physical threats? In this study we identify specific challenges to climate adaptation in Florida and explore how local and regional water management decision makers balance physical, legal, and political risks in their planning. A primary risk management tool is the strategic use of information. Through targeted interviews with stakeholders we identify key information gatekeepers and their strategies for reducing multiple types of risk.

  16. 76 FR 72220 - Incorporation of Risk Management Concepts in Regulatory Programs

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-11-22

    ...yr) for CDF [core damage frequency...III. Why Risk Management and Why Now The...management. Risk management is being widely...government agencies, financial institutions and...principles of risk management can help policymakers...risk management concepts may represent...

  17. APPLICATION OF RISK MANAGEMENT PRACTICES TO NNSA TRITIUM READINESS SUBPROGRAM

    SciTech Connect

    Shete, S; Srini Venkatesh, S

    2007-01-31

    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.

  18. Financial Networks with Intermediation: Risk Management with Variable Weights Anna Nagurney

    E-print Network

    Nagurney, Anna

    Financial Networks with Intermediation: Risk Management with Variable Weights Anna Nagurney numerical examples. Key Words: Finance; Networks; Risk management; Financial intermediation; Multicriteria Department of Finance and Operations Management Isenberg School of Management University of Massachusetts

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

    SciTech Connect

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

    2009-01-01

    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 overview of recent reviews of operational events and advances in the behavioral sciences that have impacted the evolution of HRA methods and contributed to improvements. The paper discusses the importance of human errors in complex human-technical systems, examines why humans contribute to accidents and unsafe conditions, and discusses how lessons learned over the years have changed the perspective and approach for modeling human behavior in PRAs of complicated domains such as nuclear power plants. It is argued that it has become increasingly more important to understand and model the more cognitive aspects of human performance and to address the broader range of factors that have been shown to influence human performance in complex domains. The paper concludes by addressing the current ability of HRA to adequately predict human failure events and their likelihood.

  20. Managing the Risks of Climate Change and Terrorism

    SciTech Connect

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

    2012-04-07

    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.

  1. 76 FR 16587 - Risk Management Requirements for Derivatives Clearing Organizations

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-03-24

    ...Part 39 RIN 3038-AC98 Risk Management Requirements for Derivatives Clearing Organizations AGENCY: Commodity Futures Trading...the comment period for a proposed rule that would require derivatives clearing organizations (DCOs) to report...

  2. Generating Personalised Cardiovascular Risk Management Educational Interventions Linking

    E-print Network

    Abidi, Syed Sibte Raza

    72 Generating Personalised Cardiovascular Risk Management Educational Interventions Linking SCORE and Behaviour Change Selena Davis, Syed Abidi, Jafna Cox* Health Informatics Laboratory, Faculty of Computer Science, and *Departments of Medicine and of Community Health and Epidemiology, QEII Health Sciences

  3. 12 CFR 704.6 - Credit risk management.

    Code of Federal Regulations, 2010 CFR

    2010-01-01

    ...watch list any investment for which a rating...part. (5) Investments are subject to the...must receive an investment watch list of...union's risk management policies. ...instruments held in portfolio. Documents for...reports, industry analyses, internal...

  4. Think It Through: Managing the Benefits and Risks of Medicines

    MedlinePLUS

    ... It Through: Managing the Benefits and Risks of Medicines Share Tweet Linkedin Pin it More sharing options ... or thoughts that you may have. Know Your Medicines--Prescription and Over-the-Counter the brand and ...

  5. Characteristics of successful risk management in product design

    E-print Network

    Olechowski, Alison Louise

    The paper reports results of one of the largest empirical studies to-date on the impact of design risk management practices on product design success. Through a survey of 224 practices, 38 (in 7 categories) where found to ...

  6. ROLE OF ANALYTICAL CHEMISTRY IN ENVIRONMENTAL RISK MANAGEMENT RESEARCH

    EPA Science Inventory

    Analytical chemistry is an important tier of environmental protection and has been traditionally linked to compliance and/or exposure monitoring activities for environmental contaminants. The adoption of the risk management paradigm has led to special challenges for analytical ch...

  7. It Risk Management: From IT Necessity to Strategic Business Value

    E-print Network

    Westerman, George

    2007-12-07

    With information technology becoming an increasingly important part of every enterprise, managing IT risk has become critically important for CIOs and their business counterparts. However, the complexity of IT makes it ...

  8. Environmental Enterprise Risk Management Benefits for a Government Contractor

    SciTech Connect

    Linda Guinn

    2012-05-01

    An often overlooked advantage that an Environmental Enterprise Risk Management System (ERMS) has to organizations is the added protection from the Civil False Claims Act (FCA) for activities under a government contract.

  9. The role of risk perception in making flood risk management more effective

    NASA Astrophysics Data System (ADS)

    Buchecker, M.; Salvini, G.; Di Baldassarre, G.; Semenzin, E.; Maidl, E.; Marcomini, A.

    2013-11-01

    Over the last few decades, Europe has suffered from a number of severe flood events and, as a result, there has been a growing interest in probing alternative approaches to managing flood risk via prevention measures. A literature review reveals that, although in the last decades risk evaluation has been recognized as key element of risk management, and risk assessment methodologies (including risk analysis and evaluation) have been improved by including social, economic, cultural, historical and political conditions, the theoretical schemes are not yet applied in practice. One main reason for this shortcoming is that risk perception literature is mainly of universal and theoretical nature and cannot provide the necessary details to implement a comprehensive risk evaluation. This paper therefore aims to explore a procedure that allows the inclusion of stakeholders' perceptions of prevention measures in risk assessment. It proposes to adopt methods of risk communication (both one-way and two-way communication) in risk assessment with the final aim of making flood risk management more effective. The proposed procedure not only focuses on the effect of discursive risk communication on risk perception, and on achieving a shared assessment of the prevention alternatives, but also considers the effects of the communication process on perceived uncertainties, accepted risk levels, and trust in the managing institutions. The effectiveness of this combined procedure has been studied and illustrated using the example of the participatory flood prevention assessment process on the Sihl River in Zurich, Switzerland. The main findings of the case study suggest that the proposed procedure performed well, but that it needs some adaptations for it to be applicable in different contexts and to allow a (semi-) quantitative estimation of risk perception to be used as an indicator of adaptive capacity.

  10. The possibilities of applying a risk-oriented approach to the NPP reliability and safety enhancement problem

    NASA Astrophysics Data System (ADS)

    Komarov, Yu. A.

    2014-10-01

    An analysis and some generalizations of approaches to risk assessments are presented. Interconnection between different interpretations of the "risk" notion is shown, and the possibility of applying the fuzzy set theory to risk assessments is demonstrated. A generalized formulation of the risk assessment notion is proposed in applying risk-oriented approaches to the problem of enhancing reliability and safety in nuclear power engineering. The solution of problems using the developed risk-oriented approaches aimed at achieving more reliable and safe operation of NPPs is described. The results of studies aimed at determining the need (advisability) to modernize/replace NPP elements and systems are presented together with the results obtained from elaborating the methodical principles of introducing the repair concept based on the equipment technical state. The possibility of reducing the scope of tests and altering the NPP systems maintenance strategy is substantiated using the risk-oriented approach. A probabilistic model for estimating the validity of boric acid concentration measurements is developed.

  11. Risk Mitigation for Managing On-Orbit Anomalies

    NASA Technical Reports Server (NTRS)

    La, Jim

    2010-01-01

    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 is a closed loop fault analysis and until corrective action is successful. It also reviews the fish bone diagram which is used if greater detail is required and aids in eliminating possible failure factors.

  12. Essays in financial economics and risk management 

    E-print Network

    Zou, Lin

    2009-05-15

    risk may be of special concern. In this case, it is reasonable to consider investors? portfolio optimization as subject to a downside risk constraint, i.e., a VaR constraint. A lexi- cographic safety-first rule can be used to formalize an investors...

  13. Risk Management using Dependency Stucture Matrix

    NASA Astrophysics Data System (ADS)

    Petkovi?, Ivan

    2011-09-01

    An efficient method based on dependency structure matrix (DSM) analysis is given for ranking risks in a complex system or process whose entities are mutually dependent. This rank is determined according to the element's values of the unique positive eigenvector which corresponds to the matrix spectral radius modeling the considered engineering system. For demonstration, the risk problem of NASA's robotic spacecraft is analyzed.

  14. RISK MANAGEMENT FOR INDOOR PARTICULATE MATTER

    EPA Science Inventory

    Because people spend 90% of their time indoors, exposure to particulate matter indoors is a major contributor to the risk associated with particulate matter. The risk due to indoor exposure is probably even higher for susceptible populations such as the elderly, the sick, and t...

  15. Managing Climate Risk. Integrating Adaptation into World Bank Group Operations

    SciTech Connect

    Van Aalst, M.

    2006-08-15

    Climate change is already taking place, and further changes are inevitable. Developing countries, and particularly the poorest people in these countries, are most at risk. The impacts result not only from gradual changes in temperature and sea level but also, in particular, from increased climate variability and extremes, including more intense floods, droughts, and storms. These changes are already having major impacts on the economic performance of developing countries and on the lives and livelihoods of millions of poor people around the world. Climate change thus directly affects the World Bank Group's mission of eradicating poverty. It also puts at risk many projects in a wide range of sectors, including infrastructure, agriculture, human health, water resources, and environment. The risks include physical threats to the investments, potential underperformance, and the possibility that projects will indirectly contribute to rising vulnerability by, for example, triggering investment and settlement in high-risk areas. The way to address these concerns is not to separate climate change adaptation from other priorities but to integrate comprehensive climate risk management into development planning, programs, and projects. While there is a great need to heighten awareness of climate risk in Bank work, a large body of experience on climate risk management is already available, in analytical work, in country dialogues, and in a growing number of investment projects. This operational experience highlights the general ingredients for successful integration of climate risk management into the mainstream development agenda: getting the right sectoral departments and senior policy makers involved; incorporating risk management into economic planning; engaging a wide range of nongovernmental actors (businesses, nongovernmental organizations, communities, and so on); giving attention to regulatory issues; and choosing strategies that will pay off immediately under current climate conditions. There are several ways in which the World Bank Group can continue helping its clients better manage climate risks to poverty reduction and sustainable development: Integrating climate risk management into the project cycle, by adopting early risk identification (for instance by applying a quick and simple risk-screening tool) and following up throughout the design process if necessary. Integrating climate risk management into country and sector dialogues, especially in countries and sectors that are particularly vulnerable. Enhancing internal support for and coordination of climate risk management by, for example, expanding analytical work and capacity for cross-support by the Global Climate Change Team and the Hazard Management Unit of the World Bank and by actively developing climate risk management activities within regional departments. Supporting the establishment of proper financing mechanisms for adaptation, using, for example, the Investment Framework for Clean Energy and Development. New funding mechanisms created under the United Nations Framework Convention on Climate Change (UNFCCC) and being made operational by the Global Environment Facility (GEF), as well as the Kyoto Protocol, should be used to leverage maximum adaptation results within the Bank's broad range of development activities and investments. By enhancing climate risk management, the World Bank Group will be able to address the growing risks from climate change and, at the same time, make current development investments more resilient to climate variability and extreme weather events. In that way, climate risk management will not only guard the Bank's investments in a changing climate but will also improve the impact of development efforts right now.

  16. Managing Programmatic Risk for Complex Space System Developments

    NASA Technical Reports Server (NTRS)

    Panetta, Peter V.; Hastings, Daniel; Brumfield, Mark (Technical Monitor)

    2001-01-01

    Risk management strategies have become a recent important research topic to many aerospace organizations as they prepare to develop the revolutionary complex space systems of the future. Future multi-disciplinary complex space systems will make it absolutely essential for organizations to practice a rigorous, comprehensive risk management process, emphasizing thorough systems engineering principles to succeed. Project managers must possess strong leadership skills to direct high quality, cross-disciplinary teams for successfully developing revolutionary space systems that are ever increasing in complexity. Proactive efforts to reduce or eliminate risk throughout a project's lifecycle ideally must be practiced by all technical members in the organization. This paper discusses some of the risk management perspectives that were collected from senior managers and project managers of aerospace and aeronautical organizations by the use of interviews and surveys. Some of the programmatic risks which drive the success or failure of projects are revealed. Key findings lead to a number of insights for organizations to consider for proactively approaching the risks which face current and future complex space systems projects.

  17. An Integrated Risk Management Model for Source Water Protection Areas

    PubMed Central

    Chiueh, Pei-Te; Shang, Wei-Ting; Lo, Shang-Lien

    2012-01-01

    Watersheds are recognized as the most effective management unit for the protection of water resources. For surface water supplies that use water from upstream watersheds, evaluating threats to water quality and implementing a watershed management plan are crucial for the maintenance of drinking water safe for humans. The aim of this article is to establish a risk assessment model that provides basic information for identifying critical pollutants and areas at high risk for degraded water quality. In this study, a quantitative risk model that uses hazard quotients for each water quality parameter was combined with a qualitative risk model that uses the relative risk level of potential pollution events in order to characterize the current condition and potential risk of watersheds providing drinking water. In a case study of Taipei Source Water Area in northern Taiwan, total coliforms and total phosphorus were the top two pollutants of concern. Intensive tea-growing and recreational activities around the riparian zone may contribute the greatest pollution to the watershed. Our risk assessment tool may be enhanced by developing, recording, and updating information on pollution sources in the water supply watersheds. Moreover, management authorities could use the resultant information to create watershed risk management plans. PMID:23202770

  18. Schools and the Law: A preventive Risk Management Perspective.

    ERIC Educational Resources Information Center

    Stewart, Doug

    2000-01-01

    Preventive legal risk management is about implementing policies and practices that protect an organization from the risk of legal claims and that help ensure that the organization complies with its legal obligations. A well-structured process will prevent or minimize adverse effects on a school's human, physical, and financial assets. (Contains 26…

  19. Behavior-Based Safety and Occupational Risk Management

    ERIC Educational Resources Information Center

    Geller, E. Scott

    2005-01-01

    The behavior-based approach to managing occupational risk and preventing workplace injuries is reviewed. Unlike the typical top-down control approach to industrial safety, behavior-based safety (BBS) provides tools and procedures workers can use to take personal control of occupational risks. Strategies the author and his colleagues have been…

  20. Electricity derivatives and risk management S.J. Denga,

    E-print Network

    Oren, Shmuel S.

    Electricity derivatives and risk management S.J. Denga, *, S.S. Orenb a School of Industrial Electricity spot prices in the emerging power markets are volatile, a consequence of the unique physical attributes of electricity production and distribution. Uncontrolled exposure to market price risks can lead

  1. Electricity derivatives and risk management S.J. Denga,*

    E-print Network

    Electricity derivatives and risk management S.J. Denga,* , S.S. Orenb a School of Industrial Engineering and Operations Research, University of California, Berkeley, CA 94720, USA Abstract Electricity of electricity production and distribution. Uncontrolled exposure to market price risks can lead to devastating

  2. 77 FR 30517 - Electricity Subsector Cybersecurity Risk Management Process

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-05-23

    ... Electricity Subsector Cybersecurity Risk Management Process AGENCY: Office of Electricity Delivery and Energy... of the publication, by the Department of Energy (DOE) of the Electricity Subsector Cybersecurity Risk... specific needs of electricity sector organizations. The objective of the guideline is to build...

  3. Risk Management: An Accountability Guide for University and College Boards

    ERIC Educational Resources Information Center

    Abraham, Janice M.

    2013-01-01

    With proven advice and practical best practices for sound risk management, this robust publication written by the CEO of United Educators identifies how engaged board members should collaborate closely with institutional leaders on a variety of operational and strategic risks. All board members, whatever their role or committee assignment, will…

  4. Risk Management Guide Operating Unmanned Aerial Vehicles (UAV's)

    E-print Network

    Kavanagh, Karen L.

    01-05-15 Risk Management Guide Operating Unmanned Aerial Vehicles (UAV's) The use of drones, model aircraft, and other UAV's pose a risk of injury and property damage and therefore, any flight of a UAV Canada Requirements UAV operations for University purposes are deemed by Transport Canada to be "non

  5. MS ANTWERPEN: Emergency Management Training for Low-Risk Environments

    ERIC Educational Resources Information Center

    Strohschneider, Stefan; Gerdes, Jurgen

    2004-01-01

    Emergency management training programs have been developed mostly for trainees from high-risk environments such as aviation or the chemical industry. This article describes a training program for staff members from low-risk environments such as hospitals or hotels, where the awareness of potential dangers is usually low and emergency plans are…

  6. ORESTIMBA CREEK, WEST STANISLAUS COUNTY, CA FLOOD RISK MANAGEMENT PROJECT

    E-print Network

    US Army Corps of Engineers

    public health risks caused by area flooding included contamination of domestic water wells and inundation: The purpose of the Project is to provide cost effective, environmentally- sensitive, and technically feasible flood risk management for the City of Newman, Stanislaus County, California and the surrounding area

  7. Audit Mechanisms for Provable Risk Management and Accountable Data Governance

    E-print Network

    Datta, Anupam

    Audit Mechanisms for Provable Risk Management and Accountable Data Governance Jeremiah Blocki to protect data subjects from risks that arise from inapproriate uses of this information. In this paper, we focus on a specific class of mechanisms-- audits to identify policy violators coupled with punishments

  8. Risk management in fly-by-wire systems

    NASA Technical Reports Server (NTRS)

    Knoll, Karyn T.

    1993-01-01

    A general description of various types of fly-by-wire systems is provided. The risks inherent in digital flight control systems, like those used in the Space Shuttle, are identified. The results of a literature survey examining risk management methods in use throughout the aerospace industry are presented. The applicability of these methods to the Space Shuttle program is discussed.

  9. Developing system robustness analysis for drought risk management: an application on a water supply reservoir

    NASA Astrophysics Data System (ADS)

    Mens, M. J. P.; Gilroy, K.; Williams, D.

    2015-08-01

    Droughts will likely become more frequent, greater in magnitude and longer in duration in the future due to climate change. Already in the present climate, a variety of drought events may occur with different exceedance frequencies. These frequencies are becoming more uncertain due to climate change. Many methods in support of drought risk management focus on providing insight into changing drought frequencies, and use water supply reliability as a key decision criterion. In contrast, robustness analysis focuses on providing insight into the full range of drought events and their impact on a system's functionality. This method has been developed for flood risk systems, but applications on drought risk systems are lacking. This paper aims to develop robustness analysis for drought risk systems, and illustrates the approach through a case study with a water supply reservoir and its users. We explore drought characterization and the assessment of a system's ability to deal with drought events, by quantifying the severity and socio-economic impact of a variety of drought events, both frequent and rare ones. Furthermore, we show the effect of three common drought management strategies (increasing supply, reducing demand and implementing hedging rules) on the robustness of the coupled water supply and socio-economic system. The case is inspired by Oologah Lake, a multipurpose reservoir in Oklahoma, United States. Results demonstrate that although demand reduction and supply increase may have a comparable effect on the supply reliability, demand reduction may be preferred from a robustness perspective. To prepare drought management plans for dealing with current and future droughts, it is thus recommended to test how alternative drought strategies contribute to a system's robustness rather than relying solely on water reliability as the decision criterion.

  10. Design and research on reliability-validity for 3S intraoperative risk assessment scale of pressure sore.

    PubMed

    Gao, Xing-lian; Hu, Juan-juan; Ma, Qiong; Wu, He-yu; Wang, Zeng-yan; Li, Ting-ting; Shen, Jian-hui; Yang, Ying

    2015-04-01

    The reliability and validity of risk assessment scale (RAS) of pressure sore during 3S surgery were investigated. RAS of pressure sore was designed independently during 3S surgery. Five operating room nursing experts were selected to consult and detect face validity. Convenient and purposive sampling of 707 samples was conducted. Cronbach's alpha was used to measure content reliability and evaluate the internal consistence of RAS. The structural reliability was investigated by exploratory factor analysis method. The results showed that the content validity index was 0.92, and Cronbach's alpha of content reliability was 0.71. Structural validity, detected by Bartlett sphericity test, was 135.3 for 707 samples with the difference being statistically significant (P<0.01). KMO value was 0.729. The accumulative variance contribution ratio of common factor was 64.63%. The exploratory factor analysis showed the factor load of every clause was larger than 0.596. It was concluded that RAS of pressure sore for 3S surgery has better validity and reliability, and it could be used for evaluating and screening the high risk patients with pressure sores during surgery in order to efficiently reduce the occurrence of pressure sore during surgery. RAS of pressure sore for 3S surgery is worth to be popularized. PMID:25877367

  11. Evaluation of Reliability and Validity of the Hendrich II Fall Risk Model in a Chinese Hospital Population

    PubMed Central

    Zhang, Congcong; Wu, Xinjuan; Lin, Songbai; Jia, Zhaoxia; Cao, Jing

    2015-01-01

    To translate, validate and examine the reliability and validity of a Chinese version of the Hendrich II Fall risk Model (HFRM) in predicting falls in elderly inpatient. A sample of 989 Chinese elderly inpatients was recruited upon admission at the Peking Union Medical College Hospital. The inpatients were assessed for fall risk using the Chinese version of the HFRM at admission. The reliability of the Chinese version of the HFRM was determined using the internal consistency and test-rested methods. Validity was determined using construct validity and convergent validity. Receiver operating characteristic (ROC) curves were created to determine the sensitivity and specificity. The Chinese version of the HFRM showed excellent repeatability with an intra-class correlation coefficient (ICC) of 0.9950 (95% confidence interval (CI): 0.9923–0.9984). The inter-rater reliability was high with an ICC of 0.9950 (95%CI: 0.9923–0.9984). Cronbach’s alpha coefficient was 0.366. Content validity was excellent, with a content validity ratio of 0.9333. The Chinese version of the HFRM had a sensitivity of 72% and a specificity of 69% when using a cut-off of 5 points on the scale. The area under the curve (AUC) was 0.815 (P<0.001). The Chinese version of the HFRM showed good reliability and validity in assessing the risk of fall in Chinese elderly inpatients. PMID:26544961

  12. MASTER OF SCIENCE DEGREES IN Risk Management

    E-print Network

    Johnson Jr.,, Ray

    ® exams. ACCOUNTING CONCENTRATION Strengthens the accountant's ability to identify, measure, and manage CPA 150/30 credit requirement for CPA licensure. DYNAMIC FINANCIAL ANALYSIS CONCENTRATION Enhances

  13. 77 FR 25164 - Revision to Transmission Vegetation Management Reliability Standard; Notice Inviting Comments on...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-04-27

    ...Office of Electric Reliability, for the purpose of obtaining an independent analysis of certain technical...North American Electric Reliability Corporation's Reliability...filing]. To put the analysis into perspective...in NERC- approved Reliability Standard...

  14. Risk Management Techniques and Practice Workshop Workshop Report

    SciTech Connect

    Quinn, T; Zosel, M

    2008-12-02

    At the request of the Department of Energy (DOE) Office of Science (SC), Lawrence Livermore National Laboratory (LLNL) hosted a two-day Risk Management Techniques and Practice (RMTAP) workshop held September 18-19 at the Hotel Nikko in San Francisco. The purpose of the workshop, which was sponsored by the SC/Advanced Scientific Computing Research (ASCR) program and the National Nuclear Security Administration (NNSA)/Advanced Simulation and Computing (ASC) program, was to assess current and emerging techniques, practices, and lessons learned for effectively identifying, understanding, managing, and mitigating the risks associated with acquiring leading-edge computing systems at high-performance computing centers (HPCCs). Representatives from fifteen high-performance computing (HPC) organizations, four HPC vendor partners, and three government agencies attended the workshop. The overall workshop findings were: (1) Standard risk management techniques and tools are in the aggregate applicable to projects at HPCCs and are commonly employed by the HPC community; (2) HPC projects have characteristics that necessitate a tailoring of the standard risk management practices; (3) All HPCC acquisition projects can benefit by employing risk management, but the specific choice of risk management processes and tools is less important to the success of the project; (4) The special relationship between the HPCCs and HPC vendors must be reflected in the risk management strategy; (5) Best practices findings include developing a prioritized risk register with special attention to the top risks, establishing a practice of regular meetings and status updates with the platform partner, supporting regular and open reviews that engage the interests and expertise of a wide range of staff and stakeholders, and documenting and sharing the acquisition/build/deployment experience; and (6) Top risk categories include system scaling issues, request for proposal/contract and acceptance testing, and vendor technical or business problems. HPC, by its very nature, is an exercise in multi-level risk management. Every aspect of stewarding HPCCs into the petascale era, from identification of the program drivers to the details of procurement actions and simulation environment component deployments, represents unprecedented challenges and requires effective risk management. The fundamental purpose of this workshop was to go beyond risk management processes as such and learn how to weave effective risk management practices, techniques, and methods into all aspects of migrating HPCCs into the next generation of leadership computing systems. This workshop was a follow-on to the Petascale System Integration Workshop hosted by Lawrence Berkeley National Laboratory (LBNL)/NERSC last year. It was intended to leverage and extend the risk management experience of the participants by looking for common best practices and unique processes that have been especially successful. This workshop assessed the effectiveness of tools and techniques that are or could be helpful in HPCC risk management, with a special emphasis on how practice meets process. As the saying goes: 'In theory, there is no difference between theory and practice. In practice there is'. Finally, the workshop brought together a network of experts who shared information as technology moves into the petascale era and beyond.

  15. Mathematics in Finance Department of Information, Risk and Operations Management

    E-print Network

    Ghosh, Joydeep

    Mathematics in Finance Department of Information, Risk and Operations Management McCombs School-level course, intended to prepare students for research in Quantitative Finance. The course will provide an introduction to continuous time Finance. The topics covered include portfolio management, derivative pricing

  16. Mathematics of Finance Department of Information, Risk and Operations Management

    E-print Network

    Ghosh, Joydeep

    Mathematics of Finance Department of Information, Risk and Operations Management McCombs School-level course, intended to prepare students for research in Quantitative Finance. The course will provide an introduction to continuous time Finance. The topics covered include portfolio management, derivative pricing

  17. 12 CFR 615.5135 - Management of interest rate risk.

    Code of Federal Regulations, 2013 CFR

    2013-01-01

    ... 12 Banks and Banking 7 2013-01-01 2013-01-01 false Management of interest rate risk. 615.5135 Section 615.5135 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND FUNDING OPERATIONS Investment Management § 615.5135...

  18. A Stress Management Curriculum for At-Risk Youth.

    ERIC Educational Resources Information Center

    Rollin, S. A.; Arnold, A. R.; Solomon, S.; Rubin, R. I.; Holland, J. L.

    2003-01-01

    Project KICK (Kids in Cooperation with Kids) is a delinquency prevention program for at-risk youth that uses nontraditional approaches to stress management. Twelve African American children who were taught physical, cognitive, and experiential models of stress reduction and management reported that they enjoyed the program, and they demonstrated…

  19. 12 CFR 615.5135 - Management of interest rate risk.

    Code of Federal Regulations, 2011 CFR

    2011-01-01

    ... 12 Banks and Banking 6 2011-01-01 2011-01-01 false Management of interest rate risk. 615.5135 Section 615.5135 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND FUNDING OPERATIONS Investment Management § 615.5135...

  20. 12 CFR 615.5135 - Management of interest rate risk.

    Code of Federal Regulations, 2010 CFR

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Management of interest rate risk. 615.5135 Section 615.5135 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND FUNDING OPERATIONS Investment Management § 615.5135...

  1. Object-oriented image analysis methods in disaster risk management

    E-print Network

    Object-oriented image analysis methods in disaster risk management Dr. Norman Kerle #12;2 Lecture of Twente 3 years ago Various degree courses and certificates in Disaster management Earth sciences Geoinformatics Governance Land administration Natural resources Urban planning Water resources Univ

  2. DYNAMIC RISK MANAGEMENT IN ELECTRICITY PORTFOLIO OPTIMIZATION

    E-print Network

    Römisch, Werner

    post, i.e., after power production planning, derivative products such as futures or options are traded in electricity portfolio optimization. The approach of polyhedral risk functionals, motivated through tra

  3. The background and theory of integrated risk management

    NASA Technical Reports Server (NTRS)

    Hunsucker, John L.

    1995-01-01

    While all good managers have always considered risk in their decision making, only recently have formal programs to do so been introduced. This report covers the logical structure behind the formulation of an integrated risk management plan (IRM). Included in the report are factors forcing the development of a formal plan to consider risk, the basic objective or purpose of an IRM, and desirable traits of such a plan. The report moves on to a discussion of background issues, seeks to formalize some definitions, and then discusses required information on threats. The report concludes with the steps for an IRM.

  4. Packaging and transportation risk management and evaluation plan

    SciTech Connect

    Rhyne, W.R.

    1993-09-01

    Shipments of radioactive materials and hazardous chemicals at the Los Alamos National Laboratory (LANL) are governed by a variety of Federal and state regulations, industrial standards, and LANL processes and procedures. Good judgement is exercised in situations that are not covered by regulations. As a result, the safety record for transporting hazardous materials at LANL has been excellent. However, future decisions should be made such that the decision-making process produces a defensible record of the safety of onsite shipments. This report proposes the development of a risk management tool to meet this need. First, the application of quantitative risk analysis methodology to transportation is presented to provide a framework of understanding. Risk analysis definitions, the basic quantitative risk analysis procedure, quantitative methodologies, transportation data bases, and risk presentation techniques are described. Quantitative risk analysis is frequently complex; but simplified approaches can be used as a management tool to make good decisions. Second, a plan to apply the use of risk management principles to the selection of routes, special administrative controls, and containers for hazardous material transportation at LANL is provided. A risk management tool is proposed that can be used by MAT-2 without substantial support from specialized safety and risk analysis personnel, e.g., HS-3. A workbook approach is proposed that can be automated at a later date. The safety of some types of onsite shipments at LANL is not well documented. Documenting that shipments are safe, i.e., present acceptable risks, will likely require elaborate analyses that should be thoroughly reviewed by safety and risk professionals. These detailed analyses are used as benchmarks and as examples for the use of the proposed tool by MAT-2. Once the benchmarks are established, the workbook can be used by MAT-2 to quantify that safety goals are met by similar shipments.

  5. 41 CFR 102-80.55 - Are Federal agencies responsible for managing the execution of risk reduction projects?

    Code of Federal Regulations, 2010 CFR

    2010-07-01

    ...managing the execution of risk reduction projects? 102-80...Public Contracts and Property Management Federal Property Management...80-SAFETY AND ENVIRONMENTAL MANAGEMENT Safety and Environmental Management Risks and Risk Reduction...

  6. Application of Supply Chain Risk Management through visualization and value-at-risk quantification

    E-print Network

    Xia, Diwei

    2014-01-01

    Supply Chain Risk Management ("SCRM") is often discussed in business and academia but is still underdeveloped as a practical tool. Many studies have examined the effects of supply chain disruptions, and many studies have ...

  7. YOUNG ADULT DATING RELATIONSHIPS AND THE MANAGEMENT OF SEXUAL RISK

    PubMed Central

    Manning, Wendy D.; Giordano, Peggy C.; Longmore, Monica A.; Flanigan, Christine M.

    2012-01-01

    Young adult involvement in sexual behavior typically occurs within a relationship context, but we know little about the ways in which specific features of romantic relationships influence sexual decision-making. Prior work on sexual risk taking focuses attention on health issues rather than relationship dynamics. We draw on data from the Toledo Adolescent Relationships Study (TARS) (n = 475) to examine the association between qualities and dynamics of current/most recent romantic relationships such as communication and emotional processes, conflict, demographic asymmetries, and duration and the management of sexual risk. We conceptualize ‘risk management’ as encompassing multiple domains, including (1) questioning the partner about previous sexual behaviors/risks, (2) using condoms consistently, and (3) maintaining sexual exclusivity within the relationship. We identify distinct patterns of risk management among dating young adults and find that specific qualities and dynamics of these relationships are linked to variations in risk management. Results from this paper suggest the need to consider relational dynamics in efforts to target and influence young adult sexual risk-taking and reduce STIs, including HIV. PMID:23805015

  8. Governance of environmental risk: new approaches to managing stakeholder involvement.

    PubMed

    Benn, Suzanne; Dunphy, Dexter; Martin, Andrew

    2009-04-01

    Disputes concerning industrial legacies such as the disposal of toxic wastes illustrate changing pressures on corporations and governments. Business and governments are now confronted with managing the expectations of a society increasingly aware of the social and environmental impacts and risks associated with economic development and demanding more equitable distribution and democratic management of such risks. The closed managerialist decision-making of the powerful bureaucracies and corporations of the industrial era is informed by traditional management theory which cannot provide a framework for the adequate governance of these risks. Recent socio-political theories have conceptualised some key themes that must be addressed in a more fitting approach to governance. We identify more recent management and governance theory which addresses these themes and develop a process-based approach to governance of environmental disputes that allows for the evolving nature of stakeholder relations in a highly complex multiple stakeholder arena. PMID:18768249

  9. A Risk Management Architecture for Emergency Integrated Aircraft Control

    NASA Technical Reports Server (NTRS)

    McGlynn, Gregory E.; Litt, Jonathan S.; Lemon, Kimberly A.; Csank, Jeffrey T.

    2011-01-01

    Enhanced engine operation--operation that is beyond normal limits--has the potential to improve the adaptability and safety of aircraft in emergency situations. Intelligent use of enhanced engine operation to improve the handling qualities of the aircraft requires sophisticated risk estimation techniques and a risk management system that spans the flight and propulsion controllers. In this paper, an architecture that weighs the risks of the emergency and of possible engine performance enhancements to reduce overall risk to the aircraft is described. Two examples of emergency situations are presented to demonstrate the interaction between the flight and propulsion controllers to facilitate the enhanced operation.

  10. 76 FR 23860 - Financial Management Service Proposed Collection of Information: Schedule of Excess Risks

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-04-28

    ...THE TREASURY Fiscal Service Financial Management Service Proposed Collection...of Excess Risks AGENCY: Financial Management Service, Fiscal Service...SUMMARY: The Financial Management Service, as part of...

  11. Risk Management and At-Risk Students: Pernicious Fantasies of Educator Omnipotence. The Cutting Edge

    ERIC Educational Resources Information Center

    Clabaugh, Gary K.

    2004-01-01

    For tens of thousands of years human beings relied on oracles, prophets, medicine men, and resignation to try to manage unknown risks. Then, in the transformative 200-year period from the mid-17th through the mid-19th centuries, a series of brilliant insights created groundbreaking tools for rational risk taking. Discoveries such as the theory of…

  12. Risk Management for Derivatives in Illiquid Markets: A Simulation-Study

    E-print Network

    Frey, Rüdiger

    Risk Management for Derivatives in Illiquid Markets: A Simulation-Study R¨udiger Frey Department liquidity has become an issue of high concern in risk management. In particular, risk managers realized which are not perfectly liquid. In the present paper we focus on the risk management for derivative

  13. From Risk Assessment to Risk Management: Matching Interventions to Adolescent Offenders’ Strengths and Vulnerabilities

    PubMed Central

    Singh, Jay P.; Desmarais, Sarah L.; Sellers, Brian G.; Hylton, Tatiana; Tirotti, Melissa; Van Dorn, Richard A.

    2013-01-01

    Though considerable research has examined the validity of risk assessment tools in predicting adverse outcomes in justice-involved adolescents, the extent to which risk assessments are translated into risk management strategies and, importantly, the association between this link and adverse outcomes has gone largely unexamined. To address these shortcomings, the Risk-Need-Responsivity (RNR) model was used to examine associations between identified strengths and vulnerabilities, interventions, and institutional outcomes for justice-involved youth. Data were collected from risk assessments completed using the Short-Term Assessment of Risk and Treatability: Adolescent Version (START:AV) for 120 adolescent offenders (96 boys and 24 girls). Interventions and outcomes were extracted from institutional records. Mixed evidence of adherence to RNR principles was found. Accordant to the risk principle, adolescent offenders judged to have more strengths had more strength-based interventions in their service plans, though adolescent offenders with more vulnerabilities did not have more interventions targeting their vulnerabilities. With respect to the need and responsivity principles, vulnerabilities and strengths identified as particularly relevant to the individual youth's risk of adverse outcomes were addressed in the service plans about half and a quarter of the time, respectively. Greater adherence to the risk and need principles was found to predict significantly the likelihood of externalizing outcomes. Findings suggest some gaps between risk assessment and risk management and highlight the potential usefulness of strength-based approaches to intervention. PMID:25346561

  14. The Development of a Highly Reliable Power Management and Distribution System for Civil Transport Aircraft

    NASA Technical Reports Server (NTRS)

    Coleman, Anthony S.; Hansen, Irving G.

    1994-01-01

    NASA is pursuing a program in Advanced Subsonic Transport (AST) to develop the technology for a highly reliable Fly-By-Light/Power-By-WIre aircraft. One of the primary objectives of the program is to develop the technology base for confident application of integrated PBW components and systems to transport aircraft to improve operating reliability and efficiency. Technology will be developed so that the present hydraulic and pneumatic systems of the aircraft can be systematically eliminated and replaced by electrical systems. These motor driven actuators would move the aircraft wing surfaces as well as the rudder to provide steering controls for the pilot. Existing aircraft electrical systems are not flight critical and are prone to failure due to Electromagnetic Interference (EMI) (1), ground faults and component failures. In order to successfully implement electromechanical flight control actuation, a Power Management and Distribution (PMAD) System must be designed having a reliability of 1 failure in 10(exp +9) hours, EMI hardening and a fault tolerance architecture to ensure uninterrupted power to all aircraft flight critical systems. The focus of this paper is to analyze, define, and describe technically challenging areas associated with the development of a Power By Wire Aircraft and typical requirements to be established at the box level. The authors will attempt to propose areas of investigation, citing specific military standards and requirements that need to be revised to accommodate the 'More Electric Aircraft Systems'.

  15. Inter-rater reliability of three most commonly used pressure ulcer risk assessment scales in clinical practice.

    PubMed

    Wang, Li-Hua; Chen, Hong-Lin; Yan, Hong-Yan; Gao, Jian-Hua; Wang, Fang; Ming, Yue; Lu, Li; Ding, Jing-Jing

    2015-10-01

    The objective of this study was to evaluate inter-rater reliability of Braden Scale, Norton Scale and Waterlow Scale for pressure ulcer risk assessment in clinical practice. The design of the study was cross-sectional. A total of 23 patients at pressure ulcer risk were included in the study, and 6 best registered nurses conducted three subsequent risk assessments for all included patients. They assessed alone and independently from each other. An intra-class correlation coefficient (ICC) was used to determine the inter-rater reliability. For the Braden Scale, the ICC values ranged between 0·603 (95% CI: 0·435-0·770) for the item 'moisture' and a maximum of 0·964 (95% CI: 0·936-0·982) for the item 'activity'; for the Norton Scale, the ICC values ranged between 0·595 (95% CI: 0·426-0·764) for the item 'physical condition' and a maximum of 0·975 (95% CI: 0·955-0·988) for the item 'activity'; and for the Waterlow Scale, the ICC values ranged between 0·592 (95% CI: 0·422-0·762) for the item 'skin type' and a maximum of 0·990 (95% CI: 0·982-0·995) for the item 'activity'. The ICC values of total score for three scales of were 0·955 (95% CI: 0·922-0·978), 0·967 (95% CI: 0·943-0·984), and 0·915 (95% CI: 0·855-0·958) for Braden, Norton, and Waterlow scales, respectively. Although the inter-rater reliability of Braden Scale, Norton Scale and Waterlow Scale total scores were all substantial, the reliability of some items was not so good. The items of 'moisture', 'physical condition' and 'skin type' should be paid more attention. However, some studies are needed to find out high reliable quantitative items to replace these ambiguous items in new designed scales. PMID:25224688

  16. Risk assessment and risk management of nanomaterials in the workplace: translating research to practice.

    PubMed

    Kuempel, Eileen D; Geraci, Charles L; Schulte, Paul A

    2012-07-01

    In the last decade since the rise in occupational safety and health (OSH) research focusing on nanomaterials, some progress has been made in generating the health effects and exposure data needed to perform risk assessment and develop risk management guidance. Yet, substantial research gaps remain, as do challenges in the translation of these research findings to OSH guidance and workplace practice. Risk assessment is a process that integrates the hazard, exposure, and dose-response data to characterize risk in a population (e.g. workers), in order to provide health information needed for risk management decision-making. Thus, the research priorities for risk assessment are those studies that will reduce the uncertainty in the key factors that influence the estimates. Current knowledge of OSH in nanotechnology includes the following: (i) nanomaterials can be measured using standard measurement methods (respirable mass or number concentration), (ii) workplace exposures to nanomaterials can be reduced using engineering controls and personal protective equipment, and (iii) current toxicity testing and risk assessment methods are applicable to nanomaterials. Yet, to ensure protection of workers' health, research is still needed to develop (i) sensitive and quantitative measures of workers' exposure to nanomaterials, (ii) validation methods for exposure controls, and (iii) standardized criteria to categorize hazard data, including better prediction of chronic effects. This article provides a state-of-the-art overview on translating current hazard research data and risk assessment methods for nanomaterials to the development and implementation of effective risk management guidance. PMID:22752094

  17. Risk Management in Product Design: Current State, Conceptual Model and Future Research

    E-print Network

    Oehmen, Josef

    Risk management is an important element of product design. It helps to minimize the project- and product-related risks such as project budget and schedule overrun, or missing product cost and quality targets. Risk management ...

  18. Software requirements specification for the program analysis and control system risk management module

    SciTech Connect

    SCHAEFER, J.C.

    1999-06-02

    TWR Program Analysis and Control System Risk Module is used to facilitate specific data processes surrounding the Risk Management program of the Tank Waste Retrieval environment. This document contains the Risk Management system requirements of the database system.

  19. Enhancing International Cooperation in Risk Management

    E-print Network

    Banbara, Mutsunori

    ) "The Development and Governance of Social Movement in the Age of Big Data in China" p.15 » Lee, Seungho (Korea University) "Disaster Reduction Education & Training Program Project" p.16 » Sakurai, Aiko (Tohoku University) "Exploring Sustainable Disaster Risk Reduction (DRR) in Education Sector and Role of Education

  20. School-to-Work Risk Management.

    ERIC Educational Resources Information Center

    Voorheis, Greg; Meyer, Gregg; Van Houten, June

    This paper examines risk and liability issues related to school to work (STW) programs. With the passage of the federal School-to-Work Opportunities Act of 1994, the distance between the school and the world of work is diminishing. The Act's requirement that students, schools, and employers become part of an integrated learning process brings the…