Effective risk management allows opportunities to be maximized and uncertainty to be minimized.

This guide for emerging professionals provides a comprehensive understanding of risk management with tools, tips and tactics on how to offer expert insights and drive success in an ever-changing area, covering everything from Covid-19 and digitization to climate change.

Fundamentals of Risk Management is a detailed and comprehensive introduction to commercial and business risk for students and risk professionals. Completely aligned with ISO 31000 and the COSO ERM Framework, this book covers the key principles of risk management and how to deal with the different types of risk organizations face. The frameworks of business continuity planning, enterprise risk management, and project risk management are covered alongside an overview of international risk management standards and frameworks, strategy and policy.

The revised sixth edition includes brand new content on trends such as cyber risk, black swan events and climate risk. It has been fully updated to place the emphasis on seeing risk as 'positive' rather than a 'constant threat', and establishes that risk is different in a digital/VUCA age. Additionally, it considers in detail the impact of the climate crisis and its effect on risk management activities.

Further updates from the previous edition include brand new case studies on the failure of Arcadia, HBO's bankruptcy and Boohoo's issues with modern slavery, this book provides a full analysis of changes in contemporary risk areas including digital risk management, risk culture and appetite, supply chain and statutory risk reporting. Supporting online resources include lecture slides with figures, tables and key points from the book.

This book aims to explain Data Analytics towards decision making in terms of models and algorithms, theoretical concepts, applications, experiments in relevant domains or focused on specific issues. It explores the concepts of database technology, machine learning, knowledge-based system, high performance computing, information retrieval, finding patterns hidden in large datasets and data visualization. Also, it presents various paradigms including pattern mining, clustering, classification, and data analysis. Overall aim is to provide technical solutions in the field of data analytics and data mining. Features: Covers descriptive statistics with respect to predictive analytics and business analytics. Discusses different data analytics platforms for real-time applications. Explain SMART business models. Includes algorithms in data sciences alongwith automated methods and models. Explores varied challenges encountered by researchers and businesses in the realm of real-time analytics. This book aims at researchers and graduate students in data analytics, data sciences, data mining, and signal processing.

This book combines the topics of Root Cause Analysis (RCA) and Lubrication Degradation Mechanisms (LDM) with the goal of allowing the reader to develop the disciplined thought process for getting to the root causes of each of the degradation mechanisms. This new way of thinking can be applied to other areas within their facility to mitigate or eliminate any future recurrence. Lubrication Degradation: Getting into the Root Causes strives to break down the complex topic of Lubrication Degradation into its six most common failure mechanisms. It presents the mechanisms as manageable components and then teaches the reader how to identify the typical root causes associated with each failure mechanism. The main aim of this book is to get the audience to look past the physical root causes and really unearth the underlying human and/or systemic roots to prevent recurrence of these types of failures. The book offers a field-proven and practical root cause analysis approach. An ideal practical book for industry professionals involved with Plant Operations, Engineering, Management, Maintenance, Reliability, Quality, and also useful for Technicians.

Meets the need for Engineers to have a single volume that considers Reliability, Maintainability, and Safety Offers examples along with their solutions at the end of each chapter to test reader comprehension Discusses the importance of how these 3 topics need to work hand in hand for today's world economy Written in such a manner that the reader will not need previous knowledge to understand it Provides many sources for further reading

Provides an insight to safety managers in analyzing bad events and the ways to deal with them. Covers randomness, uncertainty, and predictability in detail. Explains concepts including reverse stress testing, real-time monitoring, and predictive maintenance in a comprehensive manner. Presents mathematical analysis of incidents and accidents using statistics and probabilities theories.

This book helps break down and analyze the process of solid decision-making. From the examination of decisions that went poorly, to a concrete set of steps to consider when making new decisions, the process in this book helps decision makers feel confident in their decisions and be able to communicate their process clearly. Using the process of moral imagination to make decision includes gathering all perspectives, imagining creative solutions and choosing empathetically. While looking at real world, predominantly education-based examples, readers are encouraged to see where decisions fell apart and learn how to plan around blind spots. This process includes solutions for common decision-making mistakes and ways to reflect and improve on what is to come.

This book helps break down and analyze the process of solid decision-making. From the examination of decisions that went poorly, to a concrete set of steps to consider when making new decisions, the process in this book helps decision makers feel confident in their decisions and be able to communicate their process clearly. Using the process of moral imagination to make decision includes gathering all perspectives, imagining creative solutions and choosing empathetically. While looking at real world, predominantly education-based examples, readers are encouraged to see where decisions fell apart and learn how to plan around blind spots. This process includes solutions for common decision-making mistakes and ways to reflect and improve on what is to come.

How do accidents and disasters occur? How has knowledge of accident processes evolved? A significant improvement in safety has occurred during the past century, with the number of accidents falling spectacularly within industry, aviation and road traffic. This progress has been gradual in the context of a changing society. The improvements are partly due to a better understanding of the accident processes that ultimately lead to damage. This book shows how contemporary crises instigated the development of safety knowledge and how the safety sciences pieced their theories together by research, by experience and by taking ideas from other domains. From Safety to Safety Science details 150 years of knowledge development in the safety sciences. The authors have rigorously extracted the essence of safety knowledge development from more than 2,500 articles to provide a unique overview and insight into the background and usability of safety theories, as well as modelling how they developed and how they are used today. Extensive appendices and references provide an additional dimension to support further scholarly work in this field. The book is divided into clear time periods to make it an accessible piece of science history that will be invaluable to both new and experienced safety researchers, to safety courses and education, and to learned practitioners.

Global competition and other factors are forcing manufacturers to produce highly safe engineering systems and products. This book meets the needs for product designers, systems engineers, and safety engineers that work together and need a single resource which considers all three areas when designing new products and systems that they can refer to. Applied Safety for Engineers: Systems and Products serves as a comprehensive resource offering a wide range of safety topics when involved with product design, engineering system analysis, and engineering maintenance. Examples along with their solutions are placed at the end of each chapter to test reader comprehension. The book facilitates the importance for product designers, safety, and systems engineering professionals to work closely during the product design phase so they can understand each other's discipline. Written in a manner that readers do not need any previous knowledge on the subject, the book offers many sources for further reading at the end of each chapter. This book will be useful to product designers, system engineers, safety specialists, graduate and senior undergraduate students, researchers and manufacturers, industrial engineers, safety engineers, and engineers-at-large.

Real risk management is predicated on the eventuality of human erraticism and therefore necessitates the design of resilient systems, such as control measures, policies, procedures, processes, rules, checklists, and protocols, to protect organizations against unpredictability. However, these systems aren't enough to prevent tragedies, they must be paired with an organizational culture that drives employee understanding, adherence, questioning, and enforcement of these systems. Success is conditioned on this interdependent relationship, meaning employees do the right thing, the right way every time, as they unequivocally support the underlying rationale of their organizational systems, mission, and purpose. This dynamic, inculcated way of thinking is intrinsic to high-reliability organizations and should be the aspiration of all executives, managers, and supervisors. Authors Gordon Graham and Paul Fuller impart a wide range of practical information on resilient systems- as these thoughtfully designed protocols, kept up-to-date and properly implemented, serve to minimize organizational risk in the water and wastewater industry. Features: Offers guidance for organizations to maximize service, enhance safety, and minimize liability. Presents fundamental background on risk, systems, risk management, as well as factors leading to industrial tragedies and how to avoid or mitigate them. Includes practical examples to demonstrate the necessary steps to transform a water facility into a highly reliable and safe organization. Centering on organizational risk management, Practitioner's Handbook of Risk Management for Water & Wastewater Systems provides the investigative tools for risk assessments and risk/frequency matrixes to effectively recognize and prioritize the thousands of risks facing professionals working in the water and wastewater industry today.

In the current political climate of the U.S., newcomer immigrant and refugee students seeking an education and a better life for themselves face their most uncertain future yet. Particularly, English learners who have experienced interrupted or limited schooling in their home country and language face challenges in adjusting to a new environment. They deserve differentiated support to succeed both in school and in their new communities. What sets this book apart are the student stories which shed light on the significant resilience they exhibit despite many obstacles faced during all stages of migration. This includes immigration hurdles, housing instability, negative stereotyping and, for some students, the difficult experience of crossing the border as an unaccompanied minor. In Creating Responsive Classroom Communities for Newcomers, readers will hear from educators, counselors and students in a study of 4 high schools across New York State. They will learn what is being done to develop classrooms and schools that can be culturally and linguistically responsive to the needs of diverse newcomer students with interrupted schooling. The book shares observations and details of a SIFE-centered English Language Arts curriculum developed with these students' needs in mind, including best practices in both academic instruction and in cultivating a welcoming classroom culture that builds upon student strengths and background knowledge. Readers will come away with a deeper understanding not only of the challenges these students face but also ideas for strategies to better serve them by transforming and improving their own school communities.

Wallowing in Mediocrity: Or Rising Above the Dismal State of Education provides a comprehensive comparative look at educational programs in several key countries across the globe. The myriad advantages of these countries' programs are counterpoised to the many fault lines in education as practiced in the United States. To offset these problematic areas, this book takes a critical look at how the United States could rectify the many problems associated with its system of education, especially concerning inefficient and unsustainable practices at the secondary and postsecondary levels. Examples include the lack of universally-accepted parameters for admission to most schools of higher education; the lack of exit exams from both secondary and post-secondary schools; the illogical repetition of propaedeutic courses the first two years at the university; the misdirection of community colleges, forcing them to make up for the shortfall of too many students not prepared for acceptance to a 4 year university; the shenanigans associated with for-profit schools, which, for the most part, prey on veterans and those seeking a better job through education; and the almost preposterous system in place for students to finance their education. Most of these shortcomings concerning the American educational system are not part and parcel of systems across the globe. For one, the Bologna Process unified degrees among participants, providing a logical means for member states to collaborate and, most important, to provide students the opportunity to transfer from one institution to another without penalty. Several countries do not charge any tuition whatsoever; others have established a fair and logical means for repayment.

Wallowing in Mediocrity: Or Rising Above the Dismal State of Education provides a comprehensive comparative look at educational programs in several key countries across the globe. The myriad advantages of these countries' programs are counterpoised to the many fault lines in education as practiced in the United States. To offset these problematic areas, this book takes a critical look at how the United States could rectify the many problems associated with its system of education, especially concerning inefficient and unsustainable practices at the secondary and postsecondary levels. Examples include the lack of universally-accepted parameters for admission to most schools of higher education; the lack of exit exams from both secondary and post-secondary schools; the illogical repetition of propaedeutic courses the first two years at the university; the misdirection of community colleges, forcing them to make up for the shortfall of too many students not prepared for acceptance to a 4 year university; the shenanigans associated with for-profit schools, which, for the most part, prey on veterans and those seeking a better job through education; and the almost preposterous system in place for students to finance their education. Most of these shortcomings concerning the American educational system are not part and parcel of systems across the globe. For one, the Bologna Process unified degrees among participants, providing a logical means for member states to collaborate and, most important, to provide students the opportunity to transfer from one institution to another without penalty. Several countries do not charge any tuition whatsoever; others have established a fair and logical means for repayment.

Offers a basic understanding of the issues and processes involved in decision-making Presents the tools involved in problem analysis Discusses the tools that enable developing alternatives and judgement criteria Covers tools used to normalize judgement criteria achievement so that they are comparable across measures with differing scales Explores the methods used for selecting a best alternative when multiple decision criteria are relevant requiring the elicitation of preferred information of the decision maker

Offers a basic understanding of the issues and processes involved in decision-making Presents the tools involved in problem analysis Discusses the tools that enable developing alternatives and judgement criteria Covers tools used to normalize judgement criteria achievement so that they are comparable across measures with differing scales Explores the methods used for selecting a best alternative when multiple decision criteria are relevant requiring the elicitation of preferred information of the decision maker

Faculty recruitment is a major expense for colleges and universities, and schools devote a considerable amount of their resources to the hiring process. But many of these institutions fail to devote the same attention to retaining college professors. We've learned through many studies that it's far less expensive to retain a student you have than to recruit a new one. Why is this lesson not also applied to the college faculty? This book addresses why higher education currently has a faculty retention problem and then explores the strategies needed to address that problem. But now all faculty members are alike. Minority faculty members have their own retention challenges, as do highly competitive researchers, part-time and temporary faculty members who excel at teaching, and other ley groups. The best ways to retain the junior faculty are not necessarily the best ways to retain mid-career and senior faculty. By examining best practices currently in place in higher education, and then combining those insights with research conducted in the corporate world, the book encourages colleges and universities to develop a culture of retention that applies to students and faculty members alike.

Faculty recruitment is a major expense for colleges and universities, and schools devote a considerable amount of their resources to the hiring process. But many of these institutions fail to devote the same attention to retaining college professors. We've learned through many studies that it's far less expensive to retain a student you have than to recruit a new one. Why is this lesson not also applied to the college faculty? This book addresses why higher education currently has a faculty retention problem and then explores the strategies needed to address that problem. But now all faculty members are alike. Minority faculty members have their own retention challenges, as do highly competitive researchers, part-time and temporary faculty members who excel at teaching, and other ley groups. The best ways to retain the junior faculty are not necessarily the best ways to retain mid-career and senior faculty. By examining best practices currently in place in higher education, and then combining those insights with research conducted in the corporate world, the book encourages colleges and universities to develop a culture of retention that applies to students and faculty members alike.

In the complex, cash-strapped, high pressure world of modern construction, what do you do when something goes wrong? This work looks beyond the best-case scenario to give project managers, contractors, architects and engineers the tools to prepare effectively for the unexpected. Based on the author's more than thirty-five years of construction management experience, the book shows how to proactively mitigate a schedule. It opens with case studies of real life construction mitigation, and goes on to examine the conceptual aspects of anticipating risks and making contingency plans, technical aspects of scheduling, and essential role of communication in change management. Working on the principle that no major project can ever quite go to plan and that "it's not how you start, it's how you finish," Collaborative Risk Mitigation is the ideal complement to traditional scheduling textbooks.

This book examines the idea of educational accountability in higher education, which has become a new secular gospel. But do accountability policies actually make colleges better? What if educational accountability tools don't actually measure what they're supposed to? What if accountability data isn't valid, or worse, what if it's meaningless? What if administrators don't know how to use accountability tools or correctly analyze the problematic data these tools produce? What if we can't measure, let alone accurately assess, what matters most with teaching or student learning. What if students don't learn much in college? What if higher education was never designed to produce student learning? What if college doesn't help most students, either personally or economically? What if higher education isn't meritocratic, actually exacerbates inequality, and makes the lives of disadvantaged students even worse? This book will answer these questions with a wide, interdisciplinary range of the latest scientific research.

This book examines the idea of educational accountability in higher education, which has become a new secular gospel. But do accountability policies actually make colleges better? What if educational accountability tools don't actually measure what they're supposed to? What if accountability data isn't valid, or worse, what if it's meaningless? What if administrators don't know how to use accountability tools or correctly analyze the problematic data these tools produce? What if we can't measure, let alone accurately assess, what matters most with teaching or student learning. What if students don't learn much in college? What if higher education was never designed to produce student learning? What if college doesn't help most students, either personally or economically? What if higher education isn't meritocratic, actually exacerbates inequality, and makes the lives of disadvantaged students even worse? This book will answer these questions with a wide, interdisciplinary range of the latest scientific research.

Conducted properly, information security risk assessments provide managers with the feedback needed to manage risk through the understanding of threats to corporate assets, determination of current control vulnerabilities, and appropriate safeguards selection. Performed incorrectly, they can provide the false sense of security that allows potential threats to develop into disastrous losses of proprietary information, capital, and corporate value. Picking up where its bestselling predecessors left off, The Security Risk Assessment Handbook: A Complete Guide for Performing Security Risk Assessments, Third Edition gives you detailed instruction on how to conduct a security risk assessment effectively and efficiently, supplying wide-ranging coverage that includes security risk analysis, mitigation, and risk assessment reporting. The third edition has expanded coverage of essential topics, such as threat analysis, data gathering, risk analysis, and risk assessment methods, and added coverage of new topics essential for current assessment projects (e.g., cloud security, supply chain management, and security risk assessment methods). This handbook walks you through the process of conducting an effective security assessment, and it provides the tools, methods, and up-to-date understanding you need to select the security measures best suited to your organization. Trusted to assess security for small companies, leading organizations, and government agencies, including the CIA, NSA, and NATO, Douglas J. Landoll unveils the little-known tips, tricks, and techniques used by savvy security professionals in the field. It includes features on how to Better negotiate the scope and rigor of security assessments Effectively interface with security assessment teams Gain an improved understanding of final report recommendations Deliver insightful comments on draft reports This edition includes detailed guidance on gathering data and analyzes over 200 administrative, technical, and physical controls using the RIIOT data gathering method; introduces the RIIOT FRAME (risk assessment method), including hundreds of tables, over 70 new diagrams and figures, and over 80 exercises; and provides a detailed analysis of many of the popular security risk assessment methods in use today. The companion website (infosecurityrisk.com) provides downloads for checklists, spreadsheets, figures, and tools.

Over the last three decades, higher education institutions have experienced massive changes. In particular, institutions of higher education have been positioned as a means to contribute to the knowledge economy and gain a level of competitive advantage in the global marketplace. Advancing Knowledge in Higher Education: Universities in Turbulent Times addresses ways in which knowledge is shaped, produced, and reworked to meet international demands for productive workforces. Divided into three sections that interrogate the higher education policy context, knowledge production, and knowledge workers, this reference publication focuses on the role of higher education in business value creation and competitive advantage, serving as a useful reference for academicians, professionals, researchers, and students.