Human–computer co-operative risk management systems

1990 ◽  
Vol 4 (3) ◽  
pp. 139-150
Author(s):  
Kiyoshi Niwa
Keyword(s):  
Risk Management ◽  
Expert System ◽  
Computer System ◽  
Operative Risk ◽  
Management Systems ◽  
Next Generation ◽  
Project Risk ◽  
Knowledge Based System ◽  
Knowledge Based ◽  
Project Risks

This paper presents a new concept, a ‘human-computer co-operative system’, as the next-generation knowledge-based system for application to project risk management. It first discusses the characteristics of project risks followed by the development of a common expert system for managing such risks. Then, system limitations are identified in terms of knowledge association, and a ‘human–computer co-operative system’ is proposed to overcome these limitations by explicitly incorporating human intuitive ability into the computer system. Finally, evaluations of the human–computer co-operative system are also described.

scholarly journals Project Management vs Systems Engineering Approach to Project Risks Management

2020 ◽  
Author(s):  
D.V. Zlokazov
Keyword(s):  
Decision Making ◽  
Risk Management ◽  
Project Management ◽  
Systems Engineering ◽  
Project Manager ◽  
Management Systems ◽  
Negative Consequences ◽  
Project Risk ◽  
Body Of Knowledge ◽  
Project Risks

Risk management is a dynamically developing type of management. Risk management refers to processes associated with identification, risk analysis and decision-making, which include maximizing the positive and minimizing the negative consequences of risk events. Risk elimination is necessary to complete the project on time. Managing risks for a project manager can be easier with using several approaches described in this article. The article presents comparison of widespread approach to managing risks in projects with the set of instruments derived from systems engineering. These approaches are SEBoK (System Engineering Body of Knowledge) PM BoK and OMG Essence. Author tries to integrate sets of instruments present in various project management and systems engineering bodies of knowledge and show how ones derive from the others. Keywords: project, project management, risks of the project, risk management, systems engineering, stakeholders, project requirements, SEBoK

An Advisory Conceptual Design Tool for Mechanical Transmission Systems

1994 ◽  
Author(s):  
C. P. Huang ◽  
F. W. Liou ◽  
J. J. Malyamakkil ◽  
W. F. Lu
Keyword(s):  
Decision Making ◽  
Expert System ◽  
Conceptual Design ◽  
Design Process ◽  
Design Tool ◽  
Mechanical Transmission ◽  
Transmission Systems ◽  
Knowledge Based System ◽  
Knowledge Based ◽  
Packaging Machine

Abstract This paper presents an advisory conceptual design tool for mechanical transmission systems. Space consideration was taken into account during the design process. A prototype function tree was built in the form of knowledge-based system to transfer a designer’s idea into a set of mechanical components. An advisory expert system was also developed to help a designer in decision making. As an example, a packaging machine is designed using the developed system.

scholarly journals THE CURRENT STATE OF PROJECT RISK ASSESSMENT AND EDUCATION NEEDS IN PROJECT RISK MANAGEMENT

2019 ◽  
Vol 7 ◽  
Author(s):  
Matej Masár ◽  
Mária Hudáková
Keyword(s):  
Risk Assessment ◽  
Risk Management ◽  
Project Managers ◽  
Project Risk Management ◽  
Project Risk ◽  
Qualitative And Quantitative ◽  
Current State ◽  
The World ◽  
Project Risks ◽  
Project Risk Assessment

Current trends show that education in the field of project risk management is a very actual topic. Long - term projects, which was realized in 2018, was mainly focused on R&D across the world. Short - term projects, was focused on innovation and improve manufacturing processes. Many projects failed because project managers did not manage project risks. Project managers have less knowledge and skills on how to effectively manage project risks, especially risks in the planning phase of projects. The main aim of this article is to analyze the current state of usage project risk assessment across the world, based on own empirical research, which was provided, by authors in 2018 and 2019 (mainly level of usage project risk management methods, experience and level of education). The research focused on analyzing the current state of project risk assessment among continents. The authors focused on the average level of use qualitative and quantitative project risk analysis by project managers, level of project risk management experience by project managers and complexity of learning in using of qualitative and quantitative project risk management methods and tools.  Some recommendation were established to educate project managers in the field of project risk management.

Educating Project Managers to Deal With Project Risks

2018 ◽  
pp. 1606-1632
Author(s):  
Radu-Ioan Mogos ◽  
Constanta-Nicoleta Bodea ◽  
Stelian Stancu ◽  
Augustin Purnus ◽  
Maria-Iuliana Dascalu
Keyword(s):  
Risk Management ◽  
Project Management ◽  
Education And Training ◽  
Project Managers ◽  
Project Risk Management ◽  
Curriculum Management ◽  
Management Competencies ◽  
Project Risk ◽  
Project Risks ◽  
And Training

During the last years, the development of the project risk management competencies became a ubiquitous objective for education and training in project management due to the increasing constraints which companies face on the implementation of their projects. Alignment to the professional standards and usage of innovative methods in designing and delivery of instruction represent common requirements that education and training providers should consider and fulfill. The authors examine the main challenges in addressing project risk management subject in the education programmes and identify how these challenges could be dealt by using curriculum management systems. In order to implement the identified improvements, the authors propose an innovative architecture for a curriculum management system, which can be adopted by those universities interested in developing competencies-based programmes in project management. Some preliminary results are presented and discussed.

Project risk planning in high-tech new product development

2016 ◽  
Vol 29 (2) ◽  
pp. 110-124 ◽  
Author(s):  
Jorge Ayala-Cruz
Keyword(s):  
Risk Management ◽  
New Product Development ◽  
New Product ◽  
High Tech ◽  
Project Risk ◽  
Content Type ◽  
Management Framework ◽  
Risk Management Framework ◽  
Project Risks

Purpose The purpose of this paper is to present the implementation and testing of a modified project risk management framework that integrates PMI’s framework with Monte Carlo simulation to improve the effectiveness in high-tech new product development (NPD) projects. Design/methodology/approach The modified framework considers three bodies of knowledge: project management, risk management, and Monte Carlo simulation to produce an enhance project risk management framework. Its application is shown through a case study. Findings Using the integrated framework in a recent case study project and prior NPD projects measures (as benchmarks), it was shown that it could help to enhance risk responses caused by task durations and costs’ uncertainties. The framework proved to be better than segregated generic best practices and was key in providing insight to the issue of early project risk assessment. Research limitations/implications More experimental replications are required for enhancement effectiveness assertions of the framework, through the application of the framework to similar case studies. Furthermore, this could improve its reliability and soundness. Practical implications Future directions for research could include case and empirical studies that include hypothesis’s testing, and the integration of optimization procedure for improved NPD project’s planning and execution. Originality/value This paper outlines a way to close the gap of project risks management planning in NPD’s initiatives. It was motivated by a relatively new tendency in exploring integrated frameworks to deal with complex project risks issues.

scholarly journals A Framework for a Knowledge-Based System for Risk Management in Concurrent Engineering

1999 ◽  
Vol 7 (3) ◽  
pp. 257-267 ◽  
Author(s):  
Emmanuel Caillaud ◽  
Didier Gourc ◽  
Luis Antonio Garcia ◽  
Rose Crossland ◽  
Chris McMahon
Keyword(s):  
Risk Management ◽  
Concurrent Engineering ◽  
Knowledge Based System ◽  
Knowledge Based

scholarly journals Network Theory-Based Analysis of Construction Project Risks

2016 ◽  
Vol 5 (2) ◽  
pp. 24
Author(s):  
Hafida Lmoussaoui ◽  
Hicham Jamouli
Keyword(s):  
Risk Management ◽  
Network Theory ◽  
Construction Projects ◽  
Construction Project ◽  
Risk Identification ◽  
Project Risk Management ◽  
Monitoring And Control ◽  
Project Risk ◽  
Novel Approach ◽  
Project Risks

<p>Because of their specific and complex characteristics, construction projects are exposed to numerous risks of various natures, which make their management more difficult. In this setting, Project Risk Management is an indispensable activity for their successful delivery. It consists in the risk identification, assessment, prioritization, treatment, monitoring and control. This paper presents a novel approach for the identification of construction project risks and a network theory-based methodology for their modelling and analysis. These models serve as a powerful tools comparing to classical methods and provide a support for decision-making regarding Project Risk Management. A case study of a real construction project is used to illustrate these findings.</p>

scholarly journals Fasting Ontology in Pillars of Islam

2018 ◽  
Vol 12 (2) ◽  
pp. 562
Author(s):  
Sara Afiqah Mohd Zailani ◽  
Nurul Aswa Omar ◽  
Aida Mustapha ◽  
Mohd Hisyam Abdul Rahim
Keyword(s):  
Life Cycle ◽  
Expert System ◽  
Search Engine ◽  
Ontology Development ◽  
Knowledge Based System ◽  
Knowledge Based ◽  
Instance Search ◽  
The Individual

The development of Fasting Ontology in the Pillars of Islam is presented in this paper and has been built based on reliable sources of Islamic Knowledge. The METHONTOLOGY methodology is used for the ontology development, which include identifying motivation scenarios, creating the competency questions, implementation and evaluation. From the beginning of the development of life cycle, the ontology was appraised from the competency questions and the outcome were clear. Therefore, this ontology can link each concept specifically to the individual verse together with the Tafsir that is related to the topics. The ontology proposed will be part of a larger ontology on Five Pillars of Islam. This development of the ontology is intended to refer to the field of learning for other purpose. For instance, search engine, chatbot, expert system or knowledge-based system.

scholarly journals Project Risk Management of Electrical Switchboard Delivery

2016 ◽  
Vol 15 (2) ◽  
pp. 85-103
Author(s):  
Dorota Kuchta ◽  
Ewa Ptaszyńska
Keyword(s):  
Risk Management ◽  
Research Methods ◽  
Project Managers ◽  
Project Risk Management ◽  
Computer Tool ◽  
Project Risk ◽  
Work Breakdown Structure ◽  
Management Procedure ◽  
Management Procedures ◽  
Project Risks

Background. In projects of electrical switchboard delivery we can identify many risks which are usually quite severe in their consequences, because these projects are high-budget projects. Our studies indicate that there are no formalised risk management procedures in many Polish companies that realise such projects. Research aims. Therefore we propose using a traditional risk management procedure adapted for projects of electrical switchboard delivery what was verified on the example of a selected company. Methodology. We use the following research methods: analysis of the documentation relating to completed projects of electrical switchboard delivery, interviews with project managers, and literature studies. Key findings. We obtained the following results: Work Breakdown Structure (WBS), list of identified project risks, list of risk responses, computer tool for managing identified risks in projects of electrical switchboard delivery. Based on the completed studies we can state that risk management is an important element of electrical switchboard delivery and should not be ignored in companies that realise such projects.

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