Project Risk Considering Samplng Uncertainties and a Finite Project Operation Period

1987 ◽  
pp. 305-318 ◽  
Author(s):  
Upmanu Lall
Keyword(s):  
Project Risk ◽  
Operation Period

Design Thinking as a Tool for the Analysis of Project Risks

2019 ◽  
Vol 16 (6) ◽  
pp. 60-77
Author(s):  
E. V. Vasilieva ◽  
T. V. Gaibova
Keyword(s):  
Risk Management ◽  
Risk Analysis ◽  
Design Thinking ◽  
Management Tools ◽  
Project Risk ◽  
Team Members ◽  
Investment Projects ◽  
Risk Management Process ◽  
Project Objectives ◽  
Project Risk Analysis

This paper describes the method of project risk analysis based on design thinking and explores the possibility of its application for industrial investment projects. Traditional and suggested approaches to project risk management have been compared. Several risk analysis artifacts have been added to the standard list of artifacts. An iterative procedure for the formation of risk analysis artifacts has been developed, with the purpose of integrating the risk management process into strategic and prompt decision-making during project management. A list of tools at each stage of design thinking for risk management within the framework of real investment projects has been proposed. The suggested technology helps to determine project objectives and content and adapt them in regards to possible; as well as to implement measures aimed at reducing these risks, to increase productivity of the existing risk assessment and risk management tools, to organize effective cooperation between project team members, and to promote accumulation of knowledge about the project during its development and implementation.The authors declare no conflict of interest.

Power of Darkness: Narrative and Biographical Reflexivity in A Series of Unfortunate Events

2008 ◽  
Vol 1 (2) ◽  
pp. 200-212
Author(s):  
ELIZABETH BULLEN
Keyword(s):  
The Self ◽  
Risk Society ◽  
Project Risk ◽  
Young Readers ◽  
The World ◽  
The Face ◽  
High Earning ◽  
Textual Culture ◽  
Children’S Exposure ◽  
Central Claim

This paper investigates the high-earning children's series, A Series of Unfortunate Events, in relation to the skills young people require to survive and thrive in what Ulrich Beck calls risk society. Children's textual culture has been traditionally informed by assumptions about childhood happiness and the need to reassure young readers that the world is safe. The genre is consequently vexed by adult anxiety about children's exposure to certain kinds of knowledge. This paper discusses the implications of the representation of adversity in the Lemony Snicket series via its subversions of the conventions of children's fiction and metafictional strategies. Its central claim is that the self-consciousness or self-reflexivity of A Series of Unfortunate Events} models one of the forms of reflexivity children need to be resilient in the face of adversity and to empower them to undertake the biographical project risk society requires of them.

Information Approach to Project Risk Analysis and Management

2000 ◽  
Vol 32 (11) ◽  
pp. 58-64
Author(s):  
Mikhail Z. Zgurowsky ◽  
Igor I. Kovalenko ◽  
Kuteiba Kondrak ◽  
Elias Kondrak
Keyword(s):  
Risk Analysis ◽  
Project Risk ◽  
Information Approach ◽  
Project Risk Analysis ◽  
Risk Analysis And Management

Implementasi Probability Impact Matriks (PIM) Untuk Mengidentifikasi Kemungkinan dan Dampak Risiko Proyek

2017 ◽  
Vol 8 (1) ◽  
pp. 43-47
Author(s):  
Sufa'atin Sufa'atin
Keyword(s):  
Risk Assessment ◽  
Cumulative Effect ◽  
Project Risk ◽  
Project Construction ◽  
Index Terms ◽  
Project Objectives ◽  
The Impact

One of the obstacles in project construction is that the project is experiencing delays. The delay is influenced by several factors including the absence of risk recording, the unavoidability of the opportunities and the impact of risks that arise in the project and its handling, and the neglected risks that may disrupt the project. Project risk is the cumulative effect of an uncertain event opportunity, which affects the project objectives. Several methods can be used to handle the occurrence of project risk, one of the methods used to perform a risk assessment is the Probability Impact Matrix (PIM). PIM is a method that can be used to analyze risk qualitatively based on probability and its impact. By using the PIM method, some of the opportunities and impacts of risks that may arise in the project can be identified. In addition, the PIM method can minimize the risks that arise in the project and quickly resolve the risks. Index Terms— Project, Risk, PIM, Possibility, Impact

Bituminous Insulations Durability of Underground Metallic Pipelines I Field investigations

2017 ◽  
Vol 68 (3) ◽  
pp. 581-585 ◽  
Author(s):  
Gabriela Oprina ◽  
Ladislau Radermacher ◽  
Daniel Lingvay ◽  
Dorian Marin ◽  
Andreea Voina ◽  
...  
Keyword(s):  
Cathode Current Density ◽  
Induced Voltage ◽  
Cathodic Current ◽  
Field Investigations ◽  
Operation Period ◽  
Cathode Current ◽  
Protection Potential ◽  
Cathodic Protection System ◽  
Corrosion State ◽  
Good Agreement

The corrosion state of an underground metallic pipeline of �161 mm and 565 m length was assessed by specific electrical and electrochemical measurements. The investigated pipe, buried in 1997, was protected against corrosion by successive layers of bituminous material with a total thickness of 1 to 1.2 mm. The pipeline crosses three electrified railway lines (50 Hz - 28 kV), and then its route is approximately parallel to these lines; thus, the induced AC voltages between line and ground were calculated obtaining values between 4.05 and 7.1 Vrms, in good agreement with the values measured in the accessible points. The measurements regarding the insulation capacity against corrosion of the bituminous insulation, performed at one month and after 19 years of burial, showed an increase of the average cathode current density needed for obtaining the protection potential in the range �1.00 � �1.28 VCu/CuSO4 of approx. three times (from 6.65 up to 19.96 mA/m2), in good agreement with the evolution of the insulation resistance measured between the steel pipe (having a contact area with the ground of 270.5 m2) and a ground socket of 4 W, which decreased from 995 to 315 kW. Following the analysis and processing of the field collected data, it is considered that, by implementing a cheap cathodic protection system (without cathodic current power supply), based on the rectification of the AC induced voltage, the safe operation period of the investigated pipeline may be extended by at least 50 years.

An empirically verified project risk maturity model

2014 ◽  
Vol 7 (2) ◽  
pp. 263-284 ◽  
Author(s):  
Budi Hartono ◽  
Deo F.N. Wijaya ◽  
Hilya M. Arini
Keyword(s):  
Construction Industry ◽  
Convergent Validity ◽  
Discriminant Validity ◽  
Face Validity ◽  
Maturity Model ◽  
Maturity Level ◽  
Cross Sectional Survey ◽  
Project Risk ◽  
Content Type ◽  
Risk Maturity

Purpose – The purpose of this paper is to develop and to empirically verify a model of project risk management maturity (PRMM). Design/methodology/approach – Theoretical work to develop the initial model of risk maturity. Empirical study by a cross-sectional survey to the Indonesian construction industry. Findings – A new model of PRMM is developed and empirically tested. The model is valid (face validity, content validity, discriminant validity, convergent validity, and criterion validity) and reliable. Research limitations/implications – A more comprehensive, follow-up study is required to gain more insights on the actual maturity level of Indonesian construction industry. Practical implications – The model is applicable to assess the organizational maturity level which in turn could be used for improving organization performance. Originality/value – The work demonstrates a novel approach in developing models by emphasizing on the empirical verification.

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