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Books > Reference & Interdisciplinary > Communication studies > Decision theory > Risk assessment
This practical guide covers the steps necessary to sustain quality in a project from start to finish. The book shows how to identify risks at different processes, phases, and stages and offers directions on how to mitigate and reduce risks using analysis, evaluation, and monitoring. Risk Management Applications Used to Sustain Quality in Projects: A Practical Guide focuses on applying risk management principles to manage quality in all project management processes, stages, and phases. The book discusses the potential risks that may occur at the different phases of the project life cycle, their effects on projects, and how to prevent them. It explores all the process elements and activities of risk management and provides steps on how to make the project more qualitative, competitive, and economical. Risk management processes are discussed at each project management processes and project lifecycle phase/stage to help the reader understand how various risks can occur and how to mitigate and reduce them. The main audience for this book is project management professionals, quality managers, systems engineers, construction managers, and risk management professionals as well as industrial engineers, academics, and students.
The Christoffel-Darboux kernel, a central object in approximation theory, is shown to have many potential uses in modern data analysis, including applications in machine learning. This is the first book to offer a rapid introduction to the subject, illustrating the surprising effectiveness of a simple tool. Bridging the gap between classical mathematics and current evolving research, the authors present the topic in detail and follow a heuristic, example-based approach, assuming only a basic background in functional analysis, probability and some elementary notions of algebraic geometry. They cover new results in both pure and applied mathematics and introduce techniques that have a wide range of potential impacts on modern quantitative and qualitative science. Comprehensive notes provide historical background, discuss advanced concepts and give detailed bibliographical references. Researchers and graduate students in mathematics, statistics, engineering or economics will find new perspectives on traditional themes, along with challenging open problems.
Extensively updated for the second edition, this handy guide covers the safety engineering of ship-shaped offshore installations at every stage of design, construction, operation, lifetime healthcare and decommissioning. New sections cover additional types of offshore structures, including offshore power plants, as well as cutting-edge technologies and all the latest advances in the field. The text focuses on minimising accidents and the effects of extreme conditions, with new chapters covering earthquakes, hurricanes and terrorist attacks, as well as traditional types of accidental events such as hull girder collapse, collisions, fires and explosions. This is an invaluable resource for students who will be approaching the subject for the first time as well as practising engineers and researchers.
This book is a joint endeavour of the three partner universities to develop a book with in-depth and state-of-art analysis for the academic community of East Asia and the world. Past disasters, like the 2008 Great Sichuan Earthquake in China and the 2011 Great East Japan Earthquake, saw good efforts of East Asian countries in helping each other. Such a trend has been further strengthened in these countries' recent cooperation and mutual support in their fight against Covid-19 pandemic. While China, Japan, and South Korea are geographically and culturally contiguous and hence may share some characteristics in their risk management principles and practices, there may also be many significant differences due to their different socioeconomic and political systems. The commonalities and variances in East Asia risk management systems are also reflected by their recent responses to the Covid-19 challenges. While all three countries demonstrated overall success in controlling the epidemic, the measures taken by them were different. This research will be of interest to policymakers, scholars and economists.
This companion to the bestselling Introduction to Health and Safety at Work will help you prepare for the written assessments on the NEBOSH National General Certificate in Occupational Health and Safety (2019 specification). It provides complete coverage of the syllabus in bite-sized chunks and will help you learn and memorise the most important areas, with links provided back to the main Introduction to Health and Safety at Work text to help you consolidate your learning. Small and portable, making it ideal for use anywhere: at home, in the classroom or on the move Includes specimen questions and answers based on recent examination papers Everything you need for productive revision in one handy reference source This revision guide is written by an experienced lecturer and former Vice Chairman of NEBOSH, who has spent many years helping students become accredited by NEBOSH.
We live in a 'risk society' where the identification, distribution and management of risks, from new technology, environmental factors or other sources are crucial to our individual and social existence.Jeanne and Roger Kasperson are two of the world's leading and most influential analysts of the social dimensions of risk. The Social Contours of Risk brings together in two volumes their most important contributions to this fundamental and wide-ranging field.Volume 1 collects their fundamental work on how risks are communicated among different publics and stakeholders, including local communities, corporations and the larger society. It analyses the problems of lack of transparency and trust and explores how even minor effects can be amplified and distorted through media and social responses, preventing effective management. The final section investigates the difficult ethical issues raised by the unequal distribution of risk depending on factors such as wealth, location and genetic inheritance -- with examples from worker and public protection, facility siting conflicts, transporting hazardous waste and widespread impacts such as climate change.Volume 2 centers on the analysis and management of risk in society, in international business and multinationals, and globally. The 'acceptability' of risk to an individual depends on the context, whether the larger society or in, say, a corporate framework. Their work clarifies the structures and processes for managing risks in the private sector, and the factors that produce or impede effective decisions. Corporate culture is crucial as they show in determining risk management. They analyze the transfer of corporate risk management systems fromindustrial to developing countries, and how globalization is spreading and creating new kinds of risk -- the combination of traditional and modern hazards presented by climate change, technology transfer and economic growth. They describe the new priorities and capacities needed to deal with these enhanced vulnerabilities around the globe.
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."
Seismic hazard and risk analyses underpin the loadings prescribed by engineering design codes, the decisions by asset owners to retrofit structures, the pricing of insurance policies, and many other activities. This is a comprehensive overview of the principles and procedures behind seismic hazard and risk analysis. It enables readers to understand best practises and future research directions. Early chapters cover the essential elements and concepts of seismic hazard and risk analysis, while later chapters shift focus to more advanced topics. Each chapter includes worked examples and problem sets for which full solutions are provided online. Appendices provide relevant background in probability and statistics. Computer codes are also available online to help replicate specific calculations and demonstrate the implementation of various methods. This is a valuable reference for upper level students and practitioners in civil engineering, and earth scientists interested in engineering seismology.
The question as to whether we are now entering a risk society has become a key debate in contemporary social theory. Risk and Technological Culture presents a critical discussion of the main theories of risk from Ulrich Becks foundational work to that of his contemporaries such as Anthony Giddens and Scott Lash and assesses the extent to which risk has impacted on modern societies. In this discussion van Loon demonstrates how new technologies are transforming the character of risk and examines the relationship between technological culture and society through substantive chapters on topics such as waste, emerging viruses, communication technologies and urban disorders. In so doing this innovative new book extends the debate to encompass theorists such as Bruno Latour, Donna Haraway, Gilles Deleuze, Felix Guattari and Jean-Fran?ois Lyotard.
Layer of protection analysis (LOPA) is a recently developed, simplified method of risk assessment that provides the much-needed middle ground between a qualitative process hazard analysis and a traditional, expensive quantitative risk analysis. Beginning with an identified accident scenario, LOPA uses simplifying rules to evaluate initiating event frequency, independent layers of protection, and consequences to provide an order-of-magnitude estimate of risk. LOPA has also proven an excellent approach for determining the safety integrity level necessary for an instrumented safety system, an approach endorsed in instrument standards, such as ISA S84 and IEC 61511. Written by industry experts in LOPA, this pioneering book provides all the necessary information to undertake and complete a Layer of Protection Analysis during any stage in a processes' life cycle. Loaded with tables, charts, and examples, this book is invaluable to technical experts involved with ensuring the safety of a process. Because of its simplified, quicker risk assessment approach, LOPA is destined to become a widely used technique. Join other major companies and start your LOPA efforts now by purchasing this book.
The book constitutes a valuable guide to the implementation of the CNS/ATM system towards ensuring safe, efficient and orderly evolution of international air transport. It uses a pragmatic approach in addressing the major legal, institutional, technical, political and economic aspects underlying the Global Navigation Satellite System, which is expected to play a fundamental role in aviation safety and air navigation world-wide. The book also examines, through well-reasoned analysis and research, the various controversial and relevant issues which will dominate the system in the years to come. The author demonstrates a profound grasp of the subject-matter through a sustained absorption of technical, institutional and legal principles applying to this complex subject. This is brought to bear in the coherent structure and logical organisation of the chapters which makes the book an invaluable tool for the aviation community, scholars and national and international regulatory authorities. It will also be immensely useful for practitioners who work towards further development and implementation of the CNS/ATM system. There has been no comparable work previously published.
This book is for a broad audience of practitioners, policymakers, scholars, and anyone interested in scenarios, simulations, and disaster planning. Readers are led through several different planning scenarios that have been developed over several years under the auspices of the US Department of Energy, the US Air Force, and continued work at GlobalInt LLC. These scenarios present different security challenges and their potential cascading impacts on global systems - from the melting of glaciers in the Andes, to hurricanes in New York and Hawaii, and on to hybrid disasters, cyberoperations and geoengineering. The book provides a concise and up-to-date overview of the 'lessons learned', with a focus on innovative solutions to the world's pressing energy and environmental security challenges.
Provides a range of up-to-date case studies to help students understand the real world practice of risk management in organisations Includes an overview situating the subject of risk management in the wider context of corporate governance, aiding student understanding The case studies on Tesco and Birmingham City Council are radically updated to reflect recent controversies, whilst a case study on cyber risk is added for the new edition
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.
Enterprise Risk Management: Advances on its Foundation and Practice relates the fundamental enterprise risk management (ERM) concepts and current generic risk assessment and management principles that have been influential in redefining the risk field over the last decade. It defines ERM with a particular focus on understanding the nexus between risk, uncertainty, knowledge and performance. The book argues that there is critical need for ERM concepts, principles and methods to adapt to the latest and most influential risk management developments, as there are several issues with outdated ERM theories and practices; problems include the inability to effectively and systematically balance both opportunity and downside performance, or relying too much on narrow probability-based perspectives for risk assessment and decision-making. It expands traditional loss-based risk principles into new and innovative performance-risk frameworks, and presents fundamental risk principles that have recently been developed by the Society for Risk Analysis (SRA). All relevant statistical and risk concepts are clearly explained and interpreted using minimal mathematical notation. The focus of the book is centered around ideas and principles, more than technicalities. The book is primarily intended for risk professionals, researchers and graduate students in the fields of engineering and business, and should also be of interest to executive managers and policy makers with some background in quantitative methods such as statistics.
Technology failures, data loss, issues with providers of outsourced services, misconduct and mis-selling are just some of the top risks that keep financial firms up at night. In this context effective operational risk management is, simply, a commercial necessity. The management of operational risk, defined by the Basel Accord as arising from failures of processes, people, systems or external events, has developed considerably since its early years. Continued regulatory focus and catastrophic industry events have led to operational risk becoming a crucial topic on senior management's agenda. This book is a practical guide for practitioners which focuses on how to establish effective solutions and avoid common pitfalls. Filled with frameworks, examples and diagrams, this book offers clear advice on key practices including conducting risk assessments, assessing change initiatives, designing key risk indicators, establishing scenario analysis, drafting appetite statements and carrying out risk reporting. Operational Risk Management in Financial Services also features results from polls taken by risk practitioners which provide a snapshot of current practices and allow the reader to benchmark themselves against other firms. This is the essential guide for professionals looking to derive value out of operational risk management, rather than applying a compliance 'tick box' approach.
Providing new knowledge on risk analysis and simulation for megaprojects, this book is essential reading for both academics and practitioners. Its focus is on technical descriptions of a newly developed dynamic systems approach to megaproject risk analysis and simulation. This is backed up by a discussion of the methodology as applied in a comprehensive case study on the Edinburgh Tram Network (ETN) project. The book informs both academic researchers and megaproject stakeholders with the latest information on risk as applied to megaprojects. As well as the complete case study, the book includes a general risk analysis framework for megaprojects, an analytic network process (ANP) method for risk quantification, a system dynamics (SD) method for risk simulation, and practical guides for the application of the dynamic systems approach in megaproject research and practice.
People Risk Management provides unique depth to a topic that has garnered intense interest in recent years. Based on the latest thinking in corporate governance, behavioural economics, human resources and operational risk, people risk can be defined as the risk that people do not follow the organization's procedures, practices and/or rules, thus deviating from expected behaviour in a way that could damage the business's performance and reputation. From fraud to bad business decisions, illegal activity to lax corporate governance, people risk - often called conduct risk - presents a growing challenge in today's complex, dispersed business organizations. Framed by corporate events and challenges and including case studies from the LIBOR rate scandal, the BP oil spill, Lehman Brothers, Royal Bank of Scotland and Enron, People Risk Management provides best-practice guidance to managing risks associated with the behaviour of both employees and those outside a company. It offers practical tools, real-world examples, solutions and insights into how to implement an effective people risk management framework within an organization.
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.
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