Physical Asset Risk Management: A Case Study from an Asset-Intensive Organization

2020 ◽  
pp. 667-678
Author(s):  
Mohsen Aghabegloo ◽  
Kamran Rezaie ◽  
S. Ali Torabi
Keyword(s):  
Risk Management ◽  
Asset Risk ◽  
Physical Asset

A framework for physical asset risk management in the Sri Lankan clothing industry

2020 ◽  
Vol 3 (4) ◽  
pp. 295
Author(s):  
Thatshayini Premanathan ◽  
Damitha Rajini ◽  
Tharindu Lakruwan Wickremanayake Karunaratne
Keyword(s):  
Risk Management ◽  
Clothing Industry ◽  
Sri Lankan ◽  
Asset Risk ◽  
Physical Asset

scholarly journals The Link Between Asset Risk Management and Maintenance Performance: A Study of Industrial Manufacturing Companies

2020 ◽  
Vol 24 (3) ◽  
pp. 50
Author(s):  
Damjan Maletič ◽  
Hana Pačaiová ◽  
Anna Nagyová ◽  
Matjaž Maletič
Keyword(s):  
Risk Management ◽  
Asset Management ◽  
Management Practices ◽  
Structural Model ◽  
Performance Outcomes ◽  
Manufacturing Companies ◽  
Path Modeling ◽  
Asset Risk ◽  
Physical Asset ◽  
Maintenance Performance

<p><strong>Purpose: </strong>The purpose of this paper is to examine risk management practices and their impact on performance. Specifically, the study aimed to examine risk management practices as part of physical asset management and their impact on maintenance management and its performance.</p><p><strong>Methodology/Approach: </strong>The empirical data were obtained from 76 manufacturing companies. Partial Least Squares Path Modeling (PLS-PM) was applied to evaluate the measurement and structural model.</p><p><strong>Findings: </strong>The results emphasized the importance of integrating risk management practices into asset management processes in order to improve performance outcomes.</p><p><strong>Research Limitation/Implication: </strong>This study contributes to a better understanding of how companies could achieve higher performance results by implementing risk management practices. The results of this study can help managers identify key asset risk management practices. Despite the important implications that can be derived from this study, further research that would extend the model to include additional performance measures and/or asset management dimensions would be of great importance.</p><strong>Originality/Value of paper: </strong>By analyzing the interrelationships between asset risk management practices and their direct and indirect effects on maintenance performance, the study provides important insights for the development of strategies to promote the novel and important discipline of asset management.

A framework for physical asset risk management in the Sri Lankan clothing industry

2020 ◽  
Vol 3 (4) ◽  
pp. 295
Author(s):  
Thatshayini Premanathan ◽  
Tharindu Lakruwan Wickremanayake Karunaratne ◽  
Damitha Rajini
Keyword(s):  
Risk Management ◽  
Clothing Industry ◽  
Sri Lankan ◽  
Asset Risk ◽  
Physical Asset

scholarly journals Characterising Local Knowledge across the Flood Risk Management Cycle: A Case Study of Southern Malawi

2019 ◽  
Vol 11 (6) ◽  
pp. 1681 ◽  
Author(s):  
Robert Šakić Trogrlić ◽  
Grant Wright ◽  
Melanie Duncan ◽  
Marc van den Homberg ◽  
Adebayo Adeloye ◽  
...  
Keyword(s):  
Risk Management ◽  
Local Knowledge ◽  
Flood Risk ◽  
Local Level ◽  
Flood Risk Management ◽  
Group Discussions ◽  
The Social ◽  
Underlying Causes ◽  
Complex Knowledge

People possess a creative set of strategies based on their local knowledge (LK) that allow them to stay in flood-prone areas. Stakeholders involved with local level flood risk management (FRM) often overlook and underutilise this LK. There is thus an increasing need for its identification, documentation and assessment. Based on qualitative research, this paper critically explores the notion of LK in Malawi. Data was collected through 15 focus group discussions, 36 interviews and field observation, and analysed using thematic analysis. Findings indicate that local communities have a complex knowledge system that cuts across different stages of the FRM cycle and forms a component of community resilience. LK is not homogenous within a community, and is highly dependent on the social and political contexts. Access to LK is not equally available to everyone, conditioned by the access to resources and underlying causes of vulnerability that are outside communities’ influence. There are also limits to LK; it is impacted by exogenous processes (e.g., environmental degradation, climate change) that are changing the nature of flooding at local levels, rendering LK, which is based on historical observations, less relevant. It is dynamic and informally triangulated with scientific knowledge brought about by development partners. This paper offers valuable insights for FRM stakeholders as to how to consider LK in their approaches.

scholarly journals Rules of Risk Management - Case Study of Open Pit Mine

2020 ◽  
Vol 28 ◽  
pp. 764-769
Author(s):  
Snezana Kirin ◽  
Wei Li ◽  
Miodrag Brzaković ◽  
Igor Miljanović ◽  
Aleksandar Sedmak
Keyword(s):  
Risk Management ◽  
Open Pit Mine ◽  
Open Pit ◽  
Management Case Study

scholarly journals The Point Bonitation Method and Its Adaptation in Risk Studies: A Case Study in Sri Lanka’s Cities in the Coastal Zone

2021 ◽  
Vol 18 (4) ◽  
pp. 2060
Author(s):  
Dorota Rucińska ◽  
Martyna Zagrzejewska
Keyword(s):  
Risk Management ◽  
High Risk ◽  
Sri Lanka ◽  
Natural Disasters ◽  
Economic Geography ◽  
Disaster Risk ◽  
Specific Result ◽  
Weighting Method ◽  
Tsunami Risk

Article proposes using weighting method named the Point Bonitation Method, a popular interdisciplinary method, especially in the tourism and socio-economic geography, for giving optional direction to further researching tsunami risk. This method qualifies and quantifies those factors that lead to natural disasters so that it is possible to make comparisons with their roles in disaster areas. This case study in Sri Lanka shows a specific result that is quantification of vulnerability by regions and can be used and developed locally for disaster risk management and reduction. This paper presents discussion about other possible reasons of high risk in regions.

Introducing Enterprise Risk Management Into the University Classroom: A Case Study

2017 ◽  
Vol 20 (1) ◽  
pp. 99-131 ◽  
Author(s):  
Aaron Bruhn ◽  
Bronwen Whiting ◽  
Bridget Browne ◽  
Timothy Higgins ◽  
Chong It Tan
Keyword(s):  
Risk Management ◽  
Enterprise Risk Management ◽  
Enterprise Risk ◽  
The University

scholarly journals Hybrid Risk Management Methodology: A Case Study

10.5772/6783 ◽  
2009 ◽  
Vol 1 ◽  
pp. 3
Author(s):  
Jacky Siu-Lun Ting ◽  
Siu-Keung Kwok ◽  
Albert Hing-Choi Tsang
Keyword(s):  
Risk Management ◽  
Risk Management Methodology
Sign in / Sign up

Export Citation Format

Share Document