The StAR Risk Adviser: Psychological Arguments for Qualitative Risk Assessment

Safer Systems ◽  
1997 ◽  
pp. 136-159
Author(s):  
Peter Ayton ◽  
David K. Hardman
Keyword(s):  
Risk Assessment ◽  
Qualitative Risk Assessment

Liquidity Gap Report for Stress Testing Structural Liquidity Risk

GIS Business ◽  
2017 ◽  
Vol 12 (6) ◽  
pp. 43-53
Author(s):  
Eugenia Schmitt
Keyword(s):  
Risk Assessment ◽  
Risk Evaluation ◽  
Stress Testing ◽  
Gap Analysis ◽  
Liquidity Risk ◽  
Methodological Basis ◽  
Qualitative Risk Assessment ◽  
The Future ◽  
Liquidity Gap

The need to focus on banks funding structure and stress testing in an explicit way arose as a consequence of the crisis of past decades. Liquidity risks usually occur as a consequence of other kinds of risks, hence analysing scenarios in a prospective manner is essential for the assessment if the bank can fulfill its obligations as they come due and if its funding costs are appropriate. The structural liquidity risk and the degree of the liquidity mismatch can be measured based on the liquidity gap analysis, where expected cash-in- and outflows, divided in different time-buckets are depicted. The liquidity gap report (LGR) shows if a liquidity shortcoming appears in the future and how high is the amount a bank would have to pay, if any hedging were not possible. This paper shows how to build a comprehensive LGR which is the base for both, liquidity and wealth risk evaluation. To improve the accuracy of the forecast, the counterbalancing capacity will be incorporated into the LGR. This tool is a methodological basis for quantitative and qualitative risk assessment and stress testing.

scholarly journals Biological risk assessment: A challenge for occupational health and safety practitioners during the COVID-19 (SARS-CoV-2) Pandemic

Work ◽  
2021 ◽  
pp. 1-11
Author(s):  
Carlos Carvalhais ◽  
Micaela Querido ◽  
Cristiana C. Pereira ◽  
Joana Santos
Keyword(s):  
Risk Assessment ◽  
Occupational Safety ◽  
Assessment Method ◽  
Occupational Safety And Health ◽  
Risk Level ◽  
Biological Risk ◽  
Occupational Risks ◽  
Qualitative Risk Assessment ◽  
Safety And Health ◽  
Medium Risk

BACKGROUND: The COVID-19 global pandemic brought several challenges to occupational safety and health practice. One of these is the need to (re)assess the occupational risks, particularly, biological risks. OBJECTIVE: The purpose of this work is to promote guidance to occupational safety and health practitioners when conducting a biological risk assessment in this context. METHODS: The main steps of the biological risk assessment are explained with some inputs regarding the novelty posed by SARS-CoV-2 and an example of a qualitative risk assessment method is presented. Also, its application to two different activities was exemplified. RESULTS: In both cases, the assessment considered that vulnerable workers were working from home or in medical leave. The results showed low or medium risk level for the assessed tasks. For medium risk level, additional controls are advised, such maintain social distancing, sanitize instruments/equipment before use, use proper and well-maintained PPE (when applicable), and promote awareness sessions to spread good practices at work. Employers must be aware of their obligations regarding biological risk assessment and OSH practitioners must be prepared to screen and link the abundance of scientific evidence generated following the outbreak, with the technical practice. CONCLUSIONS: This paper could be an important contribution to OSH practice since it highlights the need to (re)assess occupational risks, especially biological risk, to ensure a safe return to work, providing technical guidance.

scholarly journals Qualitative Risk Assessment of Cybersecurity and Development of Vulnerability Enhancement Plans in Consideration of Digitalized Ship

2021 ◽  
Vol 9 (6) ◽  
pp. 565
Author(s):  
Yunja Yoo ◽  
Han-Seon Park
Keyword(s):  
Risk Assessment ◽  
Safety Management ◽  
International Standards ◽  
Security Risk ◽  
Analytic Hierarchy ◽  
Improvement Plan ◽  
Qualitative Risk Assessment ◽  
Cyber Risk ◽  
Hierarchy Process ◽  
Ship Safety

The International Maritime Organization (IMO) published the Guidelines on Maritime Cyber Risk Management in 2017 to strengthen cybersecurity in consideration of digitalized ships. As part of these guidelines, the IMO recommends that each flag state should integrate and manage matters regarding cyber risk in the ship safety management system (SMS) according to the International Safety Management Code (ISM Code) before the first annual verification that takes place on or after 1 January 2021. The purpose of this paper is to identify cybersecurity risk components in the maritime sector that should be managed by the SMS in 2021 and to derive priorities for vulnerability improvement plans through itemized risk assessment. To this end, qualitative risk assessment (RA) was carried out for administrative, technical, and physical security risk components based on industry and international standards, which were additionally presented in the IMO guidelines. Based on the risk matrix from the RA analysis results, a survey on improving cybersecurity vulnerabilities in the maritime sector was conducted, and the analytic hierarchy process was used to analyze the results and derive improvement plan priority measures.

Public Health Consequences of Macrolide Use in Food Animals: A Deterministic Risk Assessment†

2004 ◽  
Vol 67 (5) ◽  
pp. 980-992 ◽  
Author(s):  
H. SCOTT HURD ◽  
STEPHANIE DOORES ◽  
DERMOT HAYES ◽  
ALAN MATHEW ◽  
JOHN MAURER ◽  
...  
Keyword(s):  
Risk Assessment ◽  
Drug Use ◽  
Treatment Failure ◽  
Deterministic Model ◽  
Veterinary Drug ◽  
Resistant Bacteria ◽  
Guidance Document ◽  
Qualitative Risk Assessment ◽  
Food Animals ◽  
The U.S

The potential impact on human health from antibiotic-resistant bacteria selected by use of antibiotics in food animals has resulted in many reports and recommended actions. The U.S. Food and Drug Administration Center for Veterinary Medicine has issued Guidance Document 152, which advises veterinary drug sponsors of one potential process for conducting a qualitative risk assessment of drug use in food animals. Using this guideline, we developed a deterministic model to assess the risk from two macrolide antibiotics, tylosin and tilmicosin. The scope of modeling included all label claim uses of both macrolides in poultry, swine, and beef cattle. The Guidance Document was followed to define the hazard, which is illness (i) caused by foodborne bacteria with a resistance determinant, (ii) attributed to a specified animal-derived meat commodity, and (iii) treated with a human use drug of the same class. Risk was defined as the probability of this hazard combined with the consequence of treatment failure due to resistant Campylobacter spp. or Enterococcus faecium. A binomial event model was applied to estimate the annual risk for the U.S. general population. Parameters were derived from industry drug use surveys, scientific literature, medical guidelines, and government documents. This unique farm-to-patient risk assessment demonstrated that use of tylosin and tilmicosin in food animals presents a very low risk of human treatment failure, with an approximate annual probability of less than 1 in 10 million Campylobacter-derived and approximately 1 in 3 billion E. faecium–derived risk.

scholarly journals A qualitative risk assessment methodology for scientific expert panels

2011 ◽  
Vol 30 (3) ◽  
pp. 673-681 ◽  
Author(s):  
B. DUFOUR ◽  
L. PLEE ◽  
F. MOUTOU ◽  
D. BOISSELEAU ◽  
C. CHARTIER ◽  
...  
Keyword(s):  
Risk Assessment ◽  
Assessment Methodology ◽  
Qualitative Risk Assessment ◽  
Risk Assessment Methodology

scholarly journals Interim qualitative risk assessment for an LNG refueling station and review of relevant safety issues

1997 ◽  
Author(s):  
N. Siu ◽  
S. Herring ◽  
L. Cadwallader ◽  
W. Reece ◽  
J. Byers
Keyword(s):  
Risk Assessment ◽  
Safety Issues ◽  
Qualitative Risk Assessment
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