scholarly journals Approaches to the assessment the innovation-and-investment projects within the system of “Smart City” criteria

2019 ◽  
Vol 97 ◽  
pp. 01022
Author(s):  
Tatyana Miroshnikova ◽  
Natalia Taskaeva
Keyword(s):  
Risk Assessment ◽  
Risk Management ◽  
Life Cycle ◽  
Smart City ◽  
Quantitative Risk Assessment ◽  
Modern Approach ◽  
Investment Projects ◽  
Construction Companies ◽  
Construction Organizations ◽  
The Impact

The article clarifies the understanding of modern approaches to risk management in construction organizations. The authors have formed a classification of the sources of risks in construction and the reasons causing the uncertainty of the conditions of operation of construction companies. The researchers identified factors that require control in the construction industry. The authors offer, that “smart city” assumes six criteria, including smart economy, smart mobility, smart environment, smart people, smart living, smart governance. The consideration of the tendency to innovations and the assessment of innovation-and-investment risks within the concept “Smart city” was carried out for the Russian practice for the first time. The risk assessment is offered to be carried out with the use of the modern approach. The proposed approach to improve risk management, according to which all the basic processes of risk management should be carried out at each stage of the life cycle of a construction object. The authors propose to use certain methods of qualitative and quantitative risk assessment, enshrined in the risk management standard, at the appropriate stages of the life cycle of a construction object in terms of their advantages. This will increase the effectiveness of risk management and minimize the impact of risk factors identified by researchers on the performance of construction organizations. Research of risk management systems allowed us to determine the priorities and problems of construction companies in the field of risk management and increase its efficiency.

scholarly journals Cybersecurity Risk Assessment in Smart City Infrastructures

Machines ◽  
2021 ◽  
Vol 9 (4) ◽  
pp. 78
Author(s):  
Maxim Kalinin ◽  
Vasiliy Krundyshev ◽  
Peter Zegzhda
Keyword(s):  
Risk Assessment ◽  
Risk Management ◽  
Smart City ◽  
Urban Infrastructure ◽  
Quantitative Risk Assessment ◽  
Main Concern ◽  
Security Threats ◽  
New Approach ◽  
Security Indicators ◽  
Cyber Risk

The article is devoted to cybersecurity risk assessment of the dynamic device-to-device networks of a smart city. Analysis of the modern security threats at the IoT/IIoT, VANET, and WSN inter-device infrastructures demonstrates that the main concern is a set of network security threats targeted at the functional sustainability of smart urban infrastructure, the most common use case of smart networks. As a result of our study, systematization of the existing cybersecurity risk assessment methods has been provided. Expert-based risk assessment and active human participation cannot be provided for the huge, complex, and permanently changing digital environment of the smart city. The methods of scenario analysis and functional analysis are specific to industrial risk management and are hardly adaptable to solving cybersecurity tasks. The statistical risk evaluation methods force us to collect statistical data for the calculation of the security indicators for the self-organizing networks, and the accuracy of this method depends on the number of calculating iterations. In our work, we have proposed a new approach for cybersecurity risk management based on object typing, data mining, and quantitative risk assessment for the smart city infrastructure. The experimental study has shown us that the artificial neural network allows us to automatically, unambiguously, and reasonably assess the cyber risk for various object types in the dynamic digital infrastructures of the smart city.

scholarly journals Mining Business Risk Management

2020 ◽  
Vol 174 ◽  
pp. 04043
Author(s):  
Olena Kozyrieva ◽  
Veronika Khudolei ◽  
Valentina Vyhovska ◽  
Maksym Zabashtanskyi ◽  
Andrii Rogovyi
Keyword(s):  
Risk Assessment ◽  
Risk Management ◽  
Human Error ◽  
Occupational Safety ◽  
Mining Industry ◽  
Quantitative Risk Assessment ◽  
Occupational Accidents ◽  
Investment Projects ◽  
Management Standards ◽  
Mining Investment

In the mining industry, as a dangerous industry related to the specifics of its production, in particular, the process of risk management and analysis should be taken into account. One of the main reasons of occupational accidents, in addition to human error and technical failures, is the lack of foresight of possible accidental events, and the lack of assessment by a company of the risks associated with occupational safety. The article considers the main risks in the mining industry, analyses the problems of modern systems of risk assessment and management of mining investment projects, methods and sequence of qualitative and quantitative risk assessment, provides recommendations for their improvement in order to bring them in line with international risk management standards.

Design of a risk assessment methodology for the introduction of invasive species from ship ballast waters

2016 ◽  
Vol 27 (5) ◽  
pp. 474-490 ◽  
Author(s):  
Abderrahmane Bouda ◽  
Nour El Islam Bachari ◽  
Lylia Bahmed ◽  
Ryad Boubenia
Keyword(s):  
Risk Assessment ◽  
Invasive Species ◽  
Ballast Water ◽  
Quantitative Risk Assessment ◽  
Content Type ◽  
International Convention ◽  
Environmental Similarity ◽  
Process Factors ◽  
Shipping Traffic ◽  
The Impact

Purpose – Ballast water of merchant ship is a source of introduction of invasive species around the globe. The purpose of this paper is to present a quantitative risk assessment applied to a model port, the Port of Arzew in Algeria, and based on an analysis of this port’s shipping traffic. Design/methodology/approach – The risk assessment for introduction of invasive species is interpreted in the form of a probabilistic process, with a combination of two probabilities. The first probability is related to the ability of a species to arrive to the destination (recipient port), depending on the quantity of water ballast discharged and the duration of voyage. The second one is based on the species ability to survive in their new environment, which depends on the environmental similarity between donor port and Arzew port. Findings – This assessment’s outcome consists on a classification of scenarios regarding their acceptability. Consequently, it helped to classify donor ports according to a risk scale, from low risk to high-risk donor ports. Research limitations/implications – The phenomenon of invasion of aquatic species is a complex process. Factors such as adaptation and tolerance of species, the attendance or absence of predators, were not taken into account in this study. Practical implications – This study could be used by the maritime administration as a decision-making tool regarding the issue of exemptions under the IMO International Convention on the Management of Ballast Water and Sediments 2004. Originality/value – This is one of the first known studies in Algeria and dealing with ballast water management. The results of this assessment provide useful information to policy makers, in order to develop a national strategy to reduce the impact of shipping pollution on the marine environment.

scholarly journals Current and planned research for managing the fruit fly threat to New Zealand

2019 ◽  
Vol 72 ◽  
pp. 279
Author(s):  
David A.J. Teulon ◽  
John M. Kean ◽  
Karen F. Armstrong
Keyword(s):  
Risk Assessment ◽  
Risk Management ◽  
New Zealand ◽  
Fruit Fly ◽  
Fruit Flies ◽  
Bactrocera Tryoni ◽  
The World ◽  
Increasing Risk ◽  
Management Diagnostics ◽  
The Impact

Fruit flies (Family Tephritidae), in particular the Queensland fruit fly (Bactrocera tryoni; QFF), areone of the biggest biosecurity risks for New Zealand horticulture. New Zealand has one of the bestscience-based biosecurity systems in the world, based on years of experience and sound research. Theintroduction of fruit flies to New Zealand is now well managed in commercial fruit imports, but the riskis rising from growing trade and travel and, in the case of QFF, climatic adaptation and spread to moresouthern localities. Smarter solutions are continually needed to manage this increasing risk, and to dealwith such pests when they arrive. We present a brief summary of current and anticipated research aimedat reducing the likelihood of entry into New Zealand and/or minimising the impact for the fruit flyspecies of greatest threat to New Zealand. Research spans risk assessment, pathway risk management,diagnostics, surveillance and eradication.

FDA-iRISK—A Comparative Risk Assessment System for Evaluating and Ranking Food-Hazard Pairs: Case Studies on Microbial Hazards

2013 ◽  
Vol 76 (3) ◽  
pp. 376-385 ◽  
Author(s):  
YUHUAN CHEN ◽  
SHERRI B. DENNIS ◽  
EMMA HARTNETT ◽  
GREG PAOLI ◽  
RÉGIS POUILLOT ◽  
...  
Keyword(s):  
Public Health ◽  
Risk Assessment ◽  
Case Studies ◽  
Assessment System ◽  
Process Models ◽  
Control Measures ◽  
Quantitative Risk Assessment ◽  
The Public ◽  
Life Years ◽  
The Impact

Stakeholders in the system of food safety, in particular federal agencies, need evidence-based, transparent, and rigorous approaches to estimate and compare the risk of foodborne illness from microbial and chemical hazards and the public health impact of interventions. FDA-iRISK (referred to here as iRISK), a Web-based quantitative risk assessment system, was developed to meet this need. The modeling tool enables users to assess, compare, and rank the risks posed by multiple food-hazard pairs at all stages of the food supply system, from primary production, through manufacturing and processing, to retail distribution and, ultimately, to the consumer. Using standard data entry templates, built-in mathematical functions, and Monte Carlo simulation techniques, iRISK integrates data and assumptions from seven components: the food, the hazard, the population of consumers, process models describing the introduction and fate of the hazard up to the point of consumption, consumption patterns, dose-response curves, and health effects. Beyond risk ranking, iRISK enables users to estimate and compare the impact of interventions and control measures on public health risk. iRISK provides estimates of the impact of proposed interventions in various ways, including changes in the mean risk of illness and burden of disease metrics, such as losses in disability-adjusted life years. Case studies for Listeria monocytogenes and Salmonella were developed to demonstrate the application of iRISK for the estimation of risks and the impact of interventions for microbial hazards. iRISK was made available to the public at http://irisk.foodrisk.org in October 2012.

scholarly journals The influence of factor space on the value of discount rate in the assessment of investment projects

2018 ◽  
Vol 170 ◽  
pp. 01091
Author(s):  
Yuliya Anoshina ◽  
Valery Gusev ◽  
Svetlana Suchkova ◽  
Roman Gorshkov ◽  
Elena Smorodina
Keyword(s):  
Risk Assessment ◽  
Life Cycle ◽  
Discount Rate ◽  
Construction Projects ◽  
Factor Space ◽  
Internal Environment ◽  
General Classification ◽  
Investment Projects ◽  
Rate Calculation

The purpose of the paper is to identify factor space influencing on the value of discount rate in the assessment of effectiveness of investment and construction projects. As a result of investigation, a general classification of investment and construction risks was drawn up, depending on influence of external and internal environment of the enterprise. The factor space, which is used for initial data of separate investment and construction projects, was identified. A general algorithm of risk assessment of investment and construction project is developed, taking into account the reasoned justification of the method used for discount rate calculation, with the possible application of the variable discount rate at different stages of project’s life cycle.

Sustainable construction

2020 ◽  
Vol 20 (2) ◽  
pp. 191-207 ◽  
Author(s):  
Muhammad Waseem Khan ◽  
Yousaf Ali
Keyword(s):  
Life Cycle ◽  
Rice Husk ◽  
Life Cycle Cost ◽  
Sustainable Construction ◽  
Partial Replacement ◽  
Content Type ◽  
Government Organizations ◽  
Construction Companies ◽  
Concrete Type ◽  
The Impact

Purpose The change in climate and depletion of natural resources because of the harmful emissions from different materials becomes a main issue for the globe. Some of the developed and developing countries have focused on this issue and performed research to provide a solution. The purpose of this study is to identify the best types of concrete based on its impact on the environment and economy. Design/methodology/approach The life cycle assessment and life cycle cost analysis of six concrete mixtures that include construction and demolition wastes (CDW), marble sludge, rice husk and bagasse ash as a partial replacement of cement, are performed. These types of concrete are compared with each other and with ordinary concrete to select the best possible concrete type for a developing country, like Pakistan. Findings The results show that, although for an agricultural country like Pakistan, the agriculture wastes such as rice husk and bagasse ash are preferable to be used, if the emissions of CO2 and CO from rice husk and NOx and SO2 from bagasse ash are properly controlled. However, based on the results, it is recommended to use the CDW in concrete because of the small amount of air emissions and affordable prices. Originality/value Through this study, a path has been provided to construction companies and relative government organizations of Pakistan, which leads to sustainable practices in the construction industry. Moreover, the base is provided for future researchers who want to work in this area, as for Pakistan, there is no database available that helps to identify the impact of different concrete on the environment.

ENVIRONMENTAL RISK MANAGEMENT: A PROPOSED SCHEME

1997 ◽  
Vol 37 (1) ◽  
pp. 714
Author(s):  
H.B. Goff ◽  
R.K. Steedman
Keyword(s):  
Risk Assessment ◽  
Risk Management ◽  
Environmental Risk ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Transport Processes ◽  
Assessment Process ◽  
Gas Industry ◽  
Environmental Risk Management ◽  
The Impact

Environmental risk assessment is becoming an increasingly important factor in the assessment process for new projects. The oil and gas industry is familiar with assessing and managing risks from a wide range of sources. In particular, risk assessment and management is fundamental to the evaluation and implementation of Safety cases. Risk assessment is essential in valuing exploration acreage. Various industry and government risk management standards and criteria have been developed for public and occupational health and safety.This paper examines the extension of these approaches to environmental risk management for the offshore oil and gas industry and proposes a conceptual management scheme.We regard risk as the probability of an event occurring and the consequences of that event. The risk is classified into four categories, namely:primary risk, which relates to the mechanical oilfield equipment;secondary risk, which relates to the natural transport processes. For example dispersion of oil in the water column and surrounding sea;the tertiary risk, which relates to the impact on some defined part of the physical, biological or social environment; andthe quaternary risk, which relates to the recovery of the environment from any impact.Generally the methods of quantitatively analysing primary and secondary risks are well known, while there remains considerable uncertainty surrounding the tertiary and quaternary risk and they are at best qualitative only. An example of the method is applied to coral reef and other sensitive areas which may be at risk from oil spills.This risk management scheme should assist both operators and regulators in considering complex environmental problems which have an inherent uncertainty. It also proves a systematic approach on which sound environmental decisions can be taken and further research and analysis based. Perceived risk is recognised, but the management of this particular issue is not dealt with.

Sign in / Sign up

Export Citation Format

Share Document