Tools and Methods for Risk Management in Multi-Site Engineering Projects

2006 ◽  
pp. 217-224
Author(s):  
Mingwei Zhou ◽  
Laszlo Nemes ◽  
Carl Reidsema ◽  
Ammar Ahmed ◽  
Berman Kayis
Keyword(s):  
Risk Management ◽  
Engineering Projects ◽  
Tools And Methods

Risk management in the design of engineering projects as sociotechnical systems

2016 ◽  
Vol 4 (1-2) ◽  
pp. 85-99
Author(s):  
Bryan R. Moser ◽  
Ralph T. Wood ◽  
Kazuo Hiekata
Keyword(s):  
Risk Management ◽  
Sociotechnical Systems ◽  
Engineering Projects

Project review — do you really know where you are?

1994 ◽  
Vol 98 (973) ◽  
pp. 91-96 ◽  
Author(s):  
L. R. Balthazor
Keyword(s):  
Risk Management ◽  
Trend Analysis ◽  
High Technology ◽  
Project Manager ◽  
Rapid Response ◽  
Earned Value ◽  
Systems Perspective ◽  
The Right ◽  
Project Objectives ◽  
Engineering Projects

Abstract Project reviews are carried out to enable the right decisions to be taken to achieve project objectives. However, these decisions are often taken on incomplete, optimistic, inaccurate, misleading or simply wrong information. Whilst incompleteness is inevitable with the complex and rapidly changing nature of high technology engineering projects, it is important that the project manager has a good appreciation of the extent to which these other factors may affect the progress information upon which judgements are made. This paper explores a few of the traps the author has come across, and suggests possible approaches to avoid some of them. A systems perspective is recommended, with a focus on risk management, resolving ambiguity, rapid response, trend analysis, earned value principles and taking account of the effects of organisational changes.

scholarly journals Principles of structured risk management in rock engineering

2020 ◽  
Vol 53 (4) ◽  
pp. 329-341
Author(s):  
Johan Spross
Keyword(s):  
Risk Management ◽  
Practical Implementation ◽  
Observational Method ◽  
High Quality ◽  
Engineering Structures ◽  
Rock Engineering ◽  
Ground Conditions ◽  
Iso 31000 ◽  
Main Message ◽  
Engineering Projects

This article, based on a keynote lecture given at the Finnish Rock Mechanics Day 2019, discusses how structured risk management can be implemented to rock engineering projects. The suggested procedure is based on ISO 31000 and a recently published methodology for practical implementation of the standard to geotechnical engineering projects. The main message is that structured risk management is a key tool to achieve high-quality rock engineering structures. A key component for many projects will be the use of the observational method to cost-effectively reduce the lack of knowledge of the ground conditions during construction of the facility.

scholarly journals The Survival Spectrum: The Key to Transition Engineering of Complex Systems

2011 ◽  
Author(s):  
Susan Krumdieck
Keyword(s):  
Risk Management ◽  
Time Scale ◽  
Fossil Fuel ◽  
Complex Relationship ◽  
Safety Engineering ◽  
The Past ◽  
Time Space ◽  
Engineering Projects ◽  
Field Transition ◽  
Social And Environmental Impacts

This paper puts forward a simple idea describing the time, space and relationship scales of survival. The proposed survival spectrum concept represents a new way to think about sustainability that has clear implications for influencing engineering projects in all fields. The argument for the survival spectrum is developed sequentially, building on theory, definition, examples and history. The key idea is that sustainability can be effectively addressed by emergence of a new field, Transition Engineering. This is a parallel of safety engineering but with longer time scale, broader space scale, and more complex relationship scale. The past 100-year development of safety engineering is examined as a model for development of sustainability risk management and mitigation. The conclusion is that the new field, Transition Engineering, will emerge as the way our society will realize reduction in fossil fuel use and reduction in the detrimental social and environmental impacts of industrialization.

scholarly journals RISK MANAGEMENT IMPROVEMENT OF ENGINEERING PROJECTS IN WOODWORKING INDUSTRY / MEDŽIO APDIRBIMO PRAMONĖS ŠAKOJE VYKDOMŲ INŽINERINIŲ PROJEKTŲ RIZIKOS VALDYMO TOBULINIMAS

2013 ◽  
Vol 5 (6) ◽  
pp. 605-608
Author(s):  
Simona Bartkutė ◽  
Eligijus Toločka
Keyword(s):  
Risk Management ◽  
Design Process ◽  
Complex Phenomenon ◽  
Time Increase ◽  
Social Dimensions ◽  
Reduce Risk ◽  
Project Coordination ◽  
Technical Solutions ◽  
Engineering Projects ◽  
Management Improvement

Risk is a complex phenomenon that has physical, monetary, cultural and social dimensions. Every company wants to save money, time, increase quality, optimise manufacturing, but each factor may involve different risks with different influence to company, its reputation. The aim of the research is to find better risk management improvement decisions, using techniques that could help to reduce risk impact in wood-based nonstandard production with shorter project time, smoother design process, lower costs, better project coordination, increased ability to manage problems, technical solutions. Santrauka Rizika – tai reiškinys, turintis fizinių, finansinių, kultūrinių irsocialinių aspektų. Kiekviena įmonė nori sutaupyti laiko, pinigų,gerinti produkcijos kokybę, optimizuoti gamybą, tačiau kiekvienasveiksnys gali būti susijęs su įvairiomis rizikomis, skirtingaiveikti įmonės veiklą ir jos reputaciją. Šio tyrimo tikslas – rastitinkamesnius rizikos valdymo tobulinimo sprendimus, naudojantmetodus, padedančius sumažinti rizikos poveikį nestandartiniųmedienos gaminių pramonėje, esant trumpesniam projekto laikotarpiui,sklandesniam projektavimo procesui, mažesnėmsišlaidoms, tobulinant projektų koordinavimą, rizikų valdymą irtechninius sprendimus.

Use of Risk-Management Methods in NPP Safety Regulation

2012 ◽  
Author(s):  
A. V. Taranovski
Keyword(s):  
Risk Management ◽  
Power Plant ◽  
Nuclear Power ◽  
Point Of View ◽  
Safety Regulation ◽  
Negative Consequences ◽  
Urgent Problem ◽  
Nuclear Facilities ◽  
Management Method ◽  
Tools And Methods

The object of research is risk management method in nuclear power plant (NPP) safety regulation. Regulations, which are functioning in Ukraine, are based on the deterministic approaches and criteria. They proved themselves in the period of lack of experience and knowledge about mechanics of material aging. Despite the fact that such regulations are providing necessary safety levels, sometimes deterministic approaches are leading to redundant conservatism of specifications. This is driving to safety-related negative consequences, which are equipment-accelerated deterioration and increased radioactive influence on operative and maintenance staff. Now there is a situation, when new requirements, based on the increasing experience, are arising. So the costs are rising for getting compliance of those requirements. From this point of view, an urgent problem is what tools and methods of safety analysis we need to use regulating safety levels of nuclear facilities. This work is aimed to improve safety, reliability, and efficiency of NPP operation. It is supposed, that the goal will be achieved by developing and adjusting risk-management methods for the NPPs in Ukraine.

scholarly journals RISKS IN THE GRAIN MARKET OF THE SIBERIAN FEDERAL DISTRICT: CAUSES, TOOLS AND MANAGEMENT METHODS

2021 ◽  
Vol 9 (2) ◽  
pp. 92-102
Author(s):  
Aleksandr Bykov ◽  
Roman Chupin ◽  
Yana Zyabliceva ◽  
Artem Sofronov
Keyword(s):  
Risk Management ◽  
Negative Impact ◽  
Federal District ◽  
Grain Production ◽  
Siberian Federal District ◽  
Commodity Group ◽  
Social Risks ◽  
Grain Market ◽  
Macroeconomic Risks ◽  
Tools And Methods

The article presents the factors that negatively affect the development of grain production and the grain market of the Siberian Federal District (SFD). The key types of risks that have a negative impact on the development of the grain market of the SFD are presented: production, market and social. The reasons for the emergence of agroecological, technological, innovative, macroeconomic, foreign trade, commercial and social risks in the grain market of the Siberian Federal District are determined. Macroeconomic risks are represented by external and internal risks. Effective tools and methods for risk management in the grain market of the Siberian Federal District are proposed. The applied tariff barriers (the average bound tariff) and their size, which are applied by the main grain importing countries of the SFD for the commodity group «Cereals», are determined. The countries-importers of grain of the SFD applying non-tariff barriers to the commodity group «Cereals» are presented. The forecast of grain production in the SFD until 2025 is given. The article draws conclusions and presents the volume of grain export from the SFD, which will be achieved as a result of the application of the proposed tools aimed at minimizing the negative impact of risks on the grain market and the development of transport and logistics infrastructure.

Sign in / Sign up

Export Citation Format

Share Document