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Books > Reference & Interdisciplinary > Communication studies > Decision theory > Risk assessment
This companion to the bestselling Introduction to Health and Safety in Construction is an essential revision aid for students preparing for their written assessments on the NEBOSH National Certificate in Construction Health and Safety. Fully updated to the April 2015 specification, the revision guide provides complete coverage of the syllabus in bite-sized chunks, helping readers to learn and memorise the most important topics. Throughout the book, the guide links back to the Introduction to Health and Safety in Construction textbook, helping students to consolidate their learning. * Small and portable making it ideal for use anywhere: at home, in the classroom or on the move * Suggests useful tips on study and examination technique * Includes practice questions and answers based on NEBOSH exam questions * Everything you need for productive revision in one handy reference The Health and Safety in Construction Revision Guide, written by the renowned health and safety author and former NEBOSH Vice Chairman Ed Ferrett, will be an invaluable tool for students as they prepare for their NEBOSH exam and for their subsequent health and safety work.
Your business reputation can take years to build--and mere minutes to destroy The range of business threats is evolving rapidly but your organization can thrive and gain a competitive advantage with your business vision for enterprise risk management. Trends affecting markets--events in the global financial markets, changing technologies, environmental priorities, dependency on intellectual property--all underline how important it is to keep up to speed on the latest financial risk management practices and procedures. This popular book on enterprise risk management has been expanded and updated to include new themes and current trends for today's risk practitioner. It features up-to-date materials on new threats, lessons from the recent financial crisis, and how businesses need to protect themselves in terms of business interruption, security, project and reputational risk management. Project risk management is now a mature discipline with an international standard for its implementation. This book reinforces that project risk management needs to be systematic, but also that it must be embedded to become part of an organization's DNA. This book promotes techniques that will help you implement a methodical and broad approach to risk management.The author is a well-known expert and boasts a wealth of experience in project and enterprise risk managementEasy-to-navigate structure breaks down the risk management process into stages to aid implementationExamines the external influences that bring sources of business risk that are beyond your controlProvides a handy chapter with tips for commissioning consultants for business risk management services It is a business imperative to have a clear vision for risk management. "Simple Tools and Techniques for Enterprise Risk Management, Second Edition" shows you the way.
Bow Tie Methodology (BTM) consists of two methods, Fault Tree Analysis (FTA) and Event Tree Analysis (ETA), which are connected by a single event. The methodology is holistic and provides the tools and pre-event analysis, which is also called the risk calculations, and post-event analysis, also called the risk mitigations, of quality and safety related events. There are plenty of articles or chapters on this methodology, however there is no book that covers everything in one place. The book is filled with examples taken from the aviation industry and elaborates theory implemented in practice, which gives quality and safety practitioners a guidance on how to use and apply BTM in practice.
Bow Tie Methodology (BTM) consists of two methods, Fault Tree Analysis (FTA) and Event Tree Analysis (ETA), which are connected by a single event. The methodology is holistic and provides the tools and pre-event analysis, which is also called the risk calculations, and post-event analysis, also called the risk mitigations, of quality and safety related events. There are plenty of articles or chapters on this methodology, however there is no book that covers everything in one place. The book is filled with examples taken from the aviation industry and elaborates theory implemented in practice, which gives quality and safety practitioners a guidance on how to use and apply BTM in practice.
The Environmental Management Revision Guide: For the NEBOSH Certificate in Environmental Management is the perfect revision aid for students preparing to take their NEBOSH Certificate in Environmental Management. As well as being a handy companion volume to Brian Waters' NEBOSH-endorsed textbook Introduction to Environmental Management, it will also serve as a useful aide-memoire for those in environmental management roles. The book aims to: Provide practical revision guidance and strategies for students Highlight the key information for each learning outcome of the current NEBOSH syllabus Give students opportunities to test their knowledge based on NEBOSH style questions and additional exercises Provide details of guidance documents publically available that students will be able to refer to. The revision guide is fully aligned to the current NEBOSH syllabus, providing complete coverage in bite-sized chunks, helping students to learn and memorise the most important topics. Throughout the book, the guide refers back to the Introduction to Environmental Management, helping students to consolidate their learning.
Artificial lighting has become so commonplace that it can sometimes be taken for granted and therein lies a possible minefield of related health and safety problems. Lighting for Health and Safety guides the reader through the fundamentals of vision and lighting. It highlights the potential health and safety problems that can develop as a consequence of inadequate lighting and, further, advises of the necessary remedies available, in order to produce optimum lighting conditions for the workplace.This book will therefore assist the practitioner in compliance with legislation.First book to address this fieldWritten for the practising professional
In Occupational Risk Control, Derek Viner brings together the historical and theoretical aspects of his subject into a coherent whole and then connects them with the needs both of practitioners and educators. The historical background, from early societies through the industrial revolution and into the early 20th Century is discussed as a means of understanding the individual and community prejudices and presumptions that underly society and that impede our effective control of risk. The author then brings together and develops the practical application of three hitherto disparate strands of scientific understanding of risk: energy damage, risk philosophy and engineering risk analysis. He also draws attention to the fact that the geological and botanical sciences can contribute much to our understanding of how to set about classifying (and hence better understanding) the phenomenon of damage and loss. To this mix, is added the contribution of law to our understanding of moral obligations for the control of risk and that of statistics to our understanding of the management of uncertainty. Viner argues that amongst the observable consequences of the absence of a holistic and science-based approach is ineffective legislation with limited vision as well as the prevalence of belief-based commercial risk and safety management systems of unproven value. The net effect of this absence, he suggests, is to be seen in the periodic occurrence of disasters of the magnitude of the Gulf of Mexico explosion and oil spill.
Policy-making has always involved uncertainty; however the presence of unknowns has become far more conspicuous and problematic in recent times. One important way in which policy-makers have increasingly sought to deal with such uncertainty is through approaches rooted in understandings of risk. This book comprises a rather diverse collection of six chapters, alongside one more explicitly theoretical introduction, each taking up a distinct perspective in scrutinising the relationship between policy, risk and uncertainty. Important concerns addressed within these different studies include: how risk-governance policies are shaped by risk awareness (or a lack thereof) and the mediating role of trust; the framing of policy through an emphasis on particular risks and the corresponding impact on societal beliefs, discourses and institutional power; the organisational processes which lead to some risks being tackled while others are neglected; and processes of (de-) politicising uncertainty at the interface between scientists and policy-makers. Contributors explore trans-national institutions, national bodies, and local government - within diverse geographical contexts including China, Brazil, the Baltic Sea, Australia, the UK, and Europe. This book was originally published as a special issue of the Journal of Risk Research.
RACR is a series of biennial international conferences on risk analysis, crisis response, and disaster prevention for specialists and stakeholders. RACR-2015, held June 1-3, 2015 in Tangier, Morocco, was the fifth conference in this series, following the successful RACR-2007 in Shanghai (China), RACR-2009 in Beijing (China), RACR-2011 in Laredo (USA) and RACR-2013 in Istanbul (Turkey). To raise risk awareness within small countries and emerging economies, RACR-2015 chose the following theme: Emerging Economies, Risk and Development, and Intelligent Technology. This volume is composed of 77 high-quality papers submitted to RACR-2015 that have passed a rigorous peer review process, reflecting state-of-the-art research from around the world. The contributions cover almost all risk fields such as risk identification, risk assessment, risk evaluation and risk management. The conference topics included economic risk, catastrophic accidents, debt crisis, public health, uncertainty plague, threats to social safety, humanitarian logistics, terrorism events, managing risk for development, emerging risk, risk evaluation modeling, energy and resources, multi-criteria risk assessment, food and feed safety, risk radar, global climate change, internet of intelligences, Islamic banking, and natural disasters among others.
When faced with a 'human error' problem, you may be tempted to ask 'Why didn't these people watch out better?' Or, 'How can I get my people more engaged in safety?' You might think you can solve your safety problems by telling your people to be more careful, by reprimanding the miscreants, by issuing a new rule or procedure and demanding compliance. These are all expressions of 'The Bad Apple Theory' where you believe your system is basically safe if it were not for those few unreliable people in it. Building on its successful predecessors, the third edition of The Field Guide to Understanding 'Human Error' will help you understand a new way of dealing with a perceived 'human error' problem in your organization. It will help you trace how your organization juggles inherent trade-offs between safety and other pressures and expectations, suggesting that you are not the custodian of an already safe system. It will encourage you to start looking more closely at the performance that others may still call 'human error', allowing you to discover how your people create safety through practice, at all levels of your organization, mostly successfully, under the pressure of resource constraints and multiple conflicting goals. The Field Guide to Understanding 'Human Error' will help you understand how to move beyond 'human error'; how to understand accidents; how to do better investigations; how to understand and improve your safety work. You will be invited to think creatively and differently about the safety issues you and your organization face. In each, you will find possibilities for a new language, for different concepts, and for new leverage points to influence your own thinking and practice, as well as that of your colleagues and organization. If you are faced with a 'human error' problem, abandon the fallacy of a quick fix. Read this book.
In this book, two experts on the topic raise the question of why many ERM programmes end up as box-checking silos with almost no connection to important decision-making processes, whereas others are empowered and end up having a profound impact on the firm's culture, governance structures, and strategy process. The book establishes a path to empowered ERM by drawing on insights from theory and hard-won lessons from practice. Success factors enabling this transition are thoroughly discussed in a start-to-finish narrative describing the theoretical underpinnings of ERM, its proven best practices, and onto more advanced topic such as risk budgeting and the integration of ERM into strategic decision-making.
Every day we hear stories about the consequences of human frailties for individuals, their families and friends, and their organizations. Some of these stories are about alcohol and drug addiction and other harmful lifestyle choices, but human frailty also leads to all kinds of unethical and illegal behaviour. Individuals are convicted of bribery and corruption, price fixing, theft and fraud, sexual harassment and abuse of authority. Politicians fiddle their expenses, sports people cheat and fix matches and school and university students and teachers cheat to enhance exam results. Studies have shown that business students cheat more than others and efforts to teach ethical behaviour in business schools make little difference. The media who bring us stories of others' frailties themselves engage in unethical and illegal conduct in pursuit of an edge over their rivals. The contributions to this latest addition to Gower's Psychological and Behavioural Aspects of Risk Series place the spotlight on individuals, their behavioural choices and the consequences that follow for theirs and others' lives and careers. The conclusion is that people do have choices and options and that, whilst there are no easy or quick fixes in addressing self-limiting behaviours, successful avoidance of the worst outcomes can been achieved. This book provides guidance on the practical steps that need to be taken in order to gain a sense of proportion of what is important and of how we are doing, if we are to address our frailties and stop making unethical choices.
Threats to an organization's operations, such as fraud, IT disruption or poorly designed products, could result in serious losses. Understand the key components of effective operational risk management with this essential book for risk professionals and students. Fundamentals of Operational Risk Management outlines how to implement a sound operational risk management framework which is embedded in day-to-day business activities. It covers the main operational risk tools including categorisation, risk and control self-assessment and scenario analysis, and explores the importance of risk appetite and tolerance. With case studies of major operational risk events to illustrate each concept, this book demonstrates the value of ORM and how it fits with other types of risk management. There is also guidance on the regulatory treatment of operational risk and the importance of risk culture in any organization. Master the essentials and improve the practice of operational risk management with this comprehensive guide.
In this present internet age, risk analysis and crisis response based on information will make up a digital world full of possibilities and improvements to people's daily life and capabilities. These services will be supported by more intelligent systems and more effective decisionmaking. This book contains all the papers presented at the 4th International Conference on Risk Analysis and Crisis Response, August 27-29, 2013, Istanbul, Turkey. The theme was intelligent systems and decision making for risk analysis and crisis response. The risk issues in the papers cluster around the following topics: natural disasters, finance risks, food and feed safety, catastrophic accidents, critical infrastructure, global climate change, project management, supply chains, public health, threats to social safety, energy and environment. This volume will be of interest to all professionals and academics in the field of risk analysis, crisis response, intelligent systems and decision-making, as well as related fields of enquiry.
1) Enables engineers to meet international standards such as ISO 55 000. 2) Includes statistics essential to basic understanding of reliability engineering theory 3) Covers both high and low budget plants, alongside describing how to retrofit older plants and how to set up new plants 4) Includes a chapter on root cause analysis
The 'Precautionary Principle' has sparked the central controversy over European and U.S. risk regulation. The Reality of Precaution is the most comprehensive study to go beyond precaution as an abstract principle and test its reality in practice. This groundbreaking resource combines detailed case studies of a wide array of risks to health, safety, environment and security; a broad quantitative analysis; and cross-cutting chapters on politics, law, and perceptions. The authors rebut the rhetoric of conflicting European and American approaches to risk, and show that the reality has been the selective application of precaution to particular risks on both sides of the Atlantic, as well as a constructive exchange of policy ideas toward 'better regulation.' The book offers a new view of precaution, regulatory reform, comparative analysis, and transatlantic relations.
First published in 2002. Routledge is an imprint of Taylor & Francis, an informa company.
Assessing the future is vital in informing public policy decisions. One of the most widespread approaches is the development of scenarios, which are alternative hypothetical futures. Research has indicated, however, that the reality of how professionals go about employing scenarios is often starkly at odds with the theory - a finding that has important ramifications for how the resulting images of the future should be interpreted. It also shows the need for rewriting and updating theory. This book, based on an intensive five year study of how experts actually go about assessing the future, provides a groundbreaking examination of foresighting in action. Obtained via ethnographic techniques, the results lay bare for the first time the real processes by which scenarios are made. It is also the first book to examine foresighting for public policy, which is so often overlooked in favour of business practice. From handling of discontinuity to historical determinism, the analysis reveals and explains why foresight is difficult and what the major pitfalls are. Each chapter ends with a toolkit of recommendations for practice. The book aims to help readers to reflect on their own practices of public-oriented foresight and thus to foster a deeper understanding of the key principles and challenges. Ultimately, this will lead to better informed decision making.
The establishment of the International Risk Governance Council (IRGC) was the direct result of widespread concern that the complexity and interdependence of health, environmental, and technological risks facing the world was making the development and implementation of adequate risk governance strategies ever more difficult. This volume details the IRGC developed and proposed framework for risk governance and covers how it was peer reviewed as well as tested
Calculating Political Risk is rich and illuminating, and much more than a political science treatise. Althaus draws on diverse literature, extensive interviews and intriguing case studies to offer interdisciplinary, practical and nuanced insight. This book provides new perspectives and more precise language for making sense of a critical dimension of politics, policy-making and public management. Evert Lindquist, Director and Professor, School of Public Administration, University of Victoria, Canada This powerful new book is the first ever examination of the hard edge of how political risk - something faced by all political actors innumerable times every day - is calculated and used in decision-making. It opens with an outline of the historical and linguistic origins of risk, the various disciplinary understandings of risk, the risk society concept, and how risk has come to be so prominent in the context of environmental disaster and terrorism. The book then defines political risk and looks at its manifestations in the public sector, from project to high-level political risk. It also looks at risk identification versus risk management and compares the concept of political risk with the private sector practice of risk management. Unique research findings from interviews with over 100 risk practitioners and politicians provide a detailed look at how political actors calculate political risk. Case study-based chapters look in-depth at neat and discrete examples: risk calculation in state development plans in Australia; political risk identification and management in the UK during the mad cow crisis; and US government risk calculation in the post-September 11 context. The final chapters draw together the experiences and lessons learned from the case studies and practitioner insights to formulate a better understanding of what political risk is and what its calculation means in political practice. The author shows how political risk calculation provides a fresh perspective on policy analysis and identifies how political risk is relevant to a broader understanding of politics and political science, as well as policy formulation and implementation on the ground.
Risks are everywhere in the business world. "Mastering Risk Modelling" provides the busy financial manager with useful tips andpractical templates for assessing, applying and modelling risk and uncertainty in Excel. The book is designed specifically to be of help to you if you don't have time to start from scratch - it will improve your abilities in Excel and give you a library of basic examples that you can use as a basis for further development. It covers: - Review of model design - Risk and uncertainty - Credit risk - Project finance - Financial analysis - Valuation - Options - Bonds - Equities - Value at risk - Simulation This second edition contains brand new chapters: - Revised models - More material on credit risk modelling e.g. portfolios, bankruptcy models - Shows dual 2003/2007 Excel key strokes - More theory especially on statistics in Excel - Basic statistics in Excel - tools and methods - Capacity to borrow and repay - Finding optimum mix of risk and return - Fixed income risk models - Visual Basic approach
This highly original book aims to broaden the discussion about risk, the management of risk and regulation, especially in the financial industry. By using terms of the philosopher Jacques Derrida, Peter Pelzer employs philosophical concepts to enrich the understanding of what risk is about and what is necessarily excluded in contemporary risk management.
Large landslides affect many mountain valleys in Europe. They are characterised by a low probability of evolution into a catastrophic event but can have very large impacts on population, infrastructures and the environment. This impact is becoming more and more pronounced due to increasing tourism and the construction of new roads and railways in mountainous areas. Methodologies for the assessment and mitigation of risks are therefore a major issue. Since very large slope movements are quite often directly or indirectly implicated in disasters, like landslides, secondary slides or debris flow, their early identification is essential to an adequate risk assessment of the zones involved. The assessment of risks due to large landslides in the alpine environment is the first activity carried out within the IMIRILAND Project. This project involves seven partners representing five European countries and is funded by the European Commission within the Fifth Framework Program (Research and Technological Development, Activities of a Generic Nature: the Fight against Major Natural and Technological Hazards). The objective of this cooperation is to develop risk management methodologies and mitigation strategies that can be applied at a European level as useful tools for administrators and land users. To this end, by means of a multidisciplinary approach the hazard analysis of some selected large landslides was examined with a particular focus on geological, geomorphological and geo-mechanical methods. In addition, vulnerability and risk analyses were carried out to enable the consideration of direct and indirect consequences, as well as technical and social impacts. The developed risk assessment procedure was critically examined through application to some selected landslides. Identification and Mitigation of Large Landslide Risks in Europe Advances in Risk Assessment presents the risk assessment procedure developed and the case studies that were performed within the framework of the IMIRILAND Project. It is edited by Arpa Piemonte, Ecole Polytechnique Federale de Lausanne and Politecnico di Torino This book is intended for geotechnical engineers, engineering geologists, geomorphologists and planners who are involved in landslides and in assessing the stability of natural slopes."
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