Risk and Performance Technologies: Identifying the Keys to Successful Implementation

2002 ◽  
Author(s):  
Lynn McClain ◽  
Art Smith ◽  
Patrick O’Regan
Keyword(s):  
Risk Assessment ◽  
Risk Management ◽  
Nuclear Power ◽  
Cost Effective ◽  
Successful Implementation ◽  
Individual Plant ◽  
Regulatory Review ◽  
Performance Technology ◽  
Proper Understanding ◽  
And Performance

The nuclear power industry has been utilizing risk and performance based technologies for over thirty years. Applications of these technologies have included risk assessment (e.g. Individual Plant Examinations), burden reduction (e.g. Risk-Informed Inservice Inspection, RI-ISI) and risk management (Maintenance Rule, 10CFR50.65). Over the last five to ten years the number of risk-informed (RI) burden reduction initiatives has increased. Unfortunately, the efficiencies of some of these applications have been questionable. This paper investigates those attributes necessary to support successful, cost-effective RI-applications. The premise to this paper is that by understanding the key attributes that support one successful application, insights can be gleaned that will streamline/coordinate future RI-applications. This paper is an extension to a paper presented at the Pressure Vessel and Piping (PVP-2001) Conference. In that paper, a number issues and opportunities were identified that needed to be assessed in order to support future (and efficient) RI-applications. It was noted in the paper that a proper understanding and resolution of these issues will facilitate implementation of risk and performance technology in the operation, maintenance and design disciplines. In addition, it will provide the foundation necessary to support regulatory review and approval.

EDF Decommissioning Programme: A Global Commitment to a Sustainable Development

2003 ◽  
Author(s):  
Jean-Jacques Grenouillet
Keyword(s):  
Power Plant ◽  
Nuclear Power Plant ◽  
Nuclear Power ◽  
Power Plants ◽  
Nuclear Energy ◽  
Cost Effective ◽  
Eu Enlargement ◽  
Nuclear Industry ◽  
Successful Implementation ◽  
Early Closure

Nowadays, decommissioning of nuclear power plants has become a key issue for nuclear industry in Europe. The phasing out of nuclear energy in Germany, Belgium and Sweden, as well as the early closure of nuclear units in applicant countries in the frame of EU enlargement, has largely contributed to consider decommissioning as the next challenge to face. The situation is slightly different in France where nuclear energy is still considered as a safe, cost-effective and environment friendly energy source. Electricite´ de France (EDF) is working on the development of a new generation of reactor to replace the existing one and erection of a new nuclear power plant could start in the next few years. Nevertheless, to achieve this objective, it will be necessary to get the support of political decision-makers and the acceptance of public opinion. Due to the growing concern of these stakeholders for environmental issues, their support can only be obtained if it is possible to demonstrate that nuclear energy industry will not leave behind unsolved issues that will be a burden to the next generations. In this context decommissioning of the first generation of EDF NPPs constitutes a prerequisite for the erection of a new type of nuclear power plant. This paper will present the programme defined by EDF for the decommissioning of its nine already shutdown reactors (Fig. 1). The reasons of the recent evolution of EDF decommissioning strategy will be explained and the key issues that will contribute to the successful implementation of this programme will be addressed. Finally, what has been achieved on sites so far and major planned activities will be described.

Determinants of successful implementation of donor-funded projects in Uganda

2015 ◽  
Vol 42 (12) ◽  
pp. 1139-1154 ◽  
Author(s):  
Shafic Mujabi ◽  
Samson Omuudu Otengei ◽  
Francis Kasekende ◽  
Joseph Mpeera Ntayi
Keyword(s):  
Risk Management ◽  
Explanatory Power ◽  
Empirical Literature ◽  
Hierarchical Regression ◽  
Successful Implementation ◽  
Project Implementation ◽  
Content Type ◽  
Organizational Rationality ◽  
And Performance ◽  
The Relationship

Purpose – The purpose of this paper is to examine, empirically the relationship between organizational rationality, knowledge management (KM), risk management and successful implementation of donor-funded projects in Uganda. Design/methodology/approach – Data were obtained from 195 project managers of donor-funded projects both managed within government systems and those outside government using a questionnaire. Zero-order correlation analysis and hierarchical regression analysis were employed to analyze the data. Findings – The paper has two major findings: all the predictor variables are positively and significantly related to successful project implementation; and the relationship is strong enough to cause a 23 percent (R²) increase in the explanatory power in the presence of control variables. Research limitations/implications – The study focussed on selected donor-funded projects in Uganda and this limited the generalization of the findings. Moreover, there was also limited availability of local empirical literature with respect to implementation and performance of donor-funded projects. Practical implications – The results suggest that organizations that embrace organizational rationality, risk management and KM succeed in project implementation. Originality/value – There are many studies that investigate the practices adopted by organizations that implement donor-funded projects, however, this is the first study to the authors’ knowledge that examines the relationship between KM, rationality, risk management and successful implementation of donor-funded projects in Uganda.

Managing Cultural Risks

2021 ◽  
pp. 286-295
Keyword(s):  
Risk Assessment ◽  
Risk Management ◽  
Cost Effective ◽  
Analysis Method ◽  
Risk Criteria ◽  
Organizational Risk ◽  
Iso 31000 ◽  
Risk Management Methodology ◽  
Risk Assessment And Analysis ◽  
Level Of Risk

Risk assessment is a process that allows us to understand risks, define risk criteria, assess the probability and the consequences of that risk occurring, define a level of risk we can tolerate and afford, and define a cost-effective and efficient mitigation treatment. The authors provide a risk assessment and analysis method that the reader can use to (1) build cultural risk into your organizational risk management profile and (2) adapt the organization's risk management profile to include cultural risks. The method builds upon but extends the ISO 31000/31010 risk management methodology to determine the level of cultural risk your organization is carrying. The authors walk through and translate each of the seven steps to account for cultural risks.

scholarly journals Review of QTRA and Risk-based Cost-benefit Assessment of Tree Management

2013 ◽  
Vol 39 (4) ◽  
Author(s):  
Mark Stewart ◽  
Dealga O’Callaghan ◽  
Mark Hartley
Keyword(s):  
Risk Assessment ◽  
Risk Management ◽  
Nuclear Power ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Offshore Platforms ◽  
Risk Management Process ◽  
Fig Trees ◽  
The 1960S

Quantified Risk Assessment (QRA) has been in wide use in risk management since the 1960s for systems ranging from aviation, nuclear power, and offshore platforms to medical treatment and pharmaceuticals. The Quantified Tree Risk Assessment (QTRA) system is examined considering the principles of QRA. A case study of 14 fig trees in Newcastle, Australia, illustrates some limitations of the QTRA process, and extrapolating risks for a single tree to a group of trees. There is a need for any risk management process involving trees, not only to assess the risk, but to weigh the benefits provided by trees by a risk-based cost-benefit analysis. Tree risk assessors should rely on benchmarks to ensure that their assessment is not outside of the realms of reality or scientific rigor.

The Role of Scientific Research in Risk Assessment and Risk Management Decisions

1992 ◽  
Vol 106 (6) ◽  
pp. 635-641 ◽  
Author(s):  
Ken Sexton
Keyword(s):  
Risk Assessment ◽  
Risk Management ◽  
Scientific Information ◽  
Critical Factor ◽  
Cost Effective ◽  
Mitigation Strategies ◽  
Management Decisions ◽  
The Public ◽  
Physiologically Based Pharmacokinetic

Risk-based decisions are an integral part of societal efforts to protect the public from the harmful health effects of environmental pollution. Scientific Information about the magnitude and extent of risks experienced by people and about the causes of those risks is a critical factor in setting priorities and choosing cost-effective mitigation strategies. To be effective in strengthening risk assessment and risk management decisions, research must focus on developing four types of predictive tools: (1) methods to screen and characterize toxicity; (2) biologically based dose-response models; (3) physiologically based pharmacokinetic models; and (4) Integrated human exposure models. This approach is the key to reducing the uncertainties currently associated with many environmental health problems.

scholarly journals Improving the Management of Innovation Risks - R&D Risk Assessment for Large Technology Projects

2018 ◽  
Vol 9 (1) ◽  
pp. 31
Author(s):  
Ralf Dillerup ◽  
Daniela Kappler ◽  
Fiona Oster
Keyword(s):  
Risk Assessment ◽  
Risk Management ◽  
System Dynamics ◽  
Business Models ◽  
Dynamic Models ◽  
Engineering Industry ◽  
Global Network ◽  
Skilled Workers ◽  
Specific System ◽  
And Performance

Global network structures of products and services are important value creators for many companies. Complex business models include a variety of relationships and interrelationships within and across different systems particularly in the case of innovation processes. This increases innovation risks. Risk management is becoming more and more important and is crucial for the German Machinery and Plant Engineering Industry (MPEI). Many companies are medium-sized and are using standard static risk management methods. Use of these methods often means that critical situations are detected late, they do not help in the understanding of problem characteristics and their interdependencies and, consequently, lead to erroneous decisions.Therefore, the modelling of cause-and-effect structures of innovation risks in the German MPEI facilitates the exploration and understanding of the behavioral dynamic of risk clusters. In a comparison of standard risk assessment with the Causal Loop Diagram and the System Dynamics Model of Innovation Risks, the potential of System Dynamics for systemic and multi-dimensional risk management is demonstrated. In this paper, particular emphasis is given to the risk of shortages of skilled workers from a common and System Dynamics perspective. This is relevant as these shortages are the main risk associated with innovation, impacting on project timings, output and performance amongst others. The research concludes that the development of specific System Dynamic models can help to overcome certain problems and incorporate multi-causal interconnections and multidimensional views on risk.

THE ROLE OF ENVIRONMENTAL RISK MANAGEMENT AND REPORTING: AN EMPIRICAL ANALYSIS

2002 ◽  
Vol 04 (01) ◽  
pp. 1-29 ◽  
Author(s):  
JOHN HOOD ◽  
SCOTT NICHOLL
Keyword(s):  
Risk Assessment ◽  
Environmental Management ◽  
Risk Management ◽  
Environmental Risk ◽  
Environmental Risk Assessment ◽  
Best Practice ◽  
Cost Effective ◽  
Environmental Reporting ◽  
Environmental Risk Management ◽  
Risk Assessment And Management

In recent years, there have been significant developments in the field of environmental risk assessment and management. Its role in the corporate setting has been strengthened by claims that financial results and corporate reputation can be significantly improved through environmental management. Risk assessment and management provides one of the most comprehensive and cost-effective mechanisms for managing environmental issues and has subsequently led to the adoption of risk-based environmental management. This research examines the current discussion in the field of environmental risk management and undertakes a survey of 112 UK companies to ascertain how environmental risk assessment is perceived and what role it has in environmental management, including environmental reporting and accounting. The paper concludes that whilst there have been some positive developments in the area, companies, governments and regulators still have work to do in ensuring the adoption of best practice.

Implementation of the EULAR cardiovascular risk management guideline in patients with rheumatoid arthritis: results of a successful collaboration between primary and secondary care

2017 ◽  
Vol 77 (4) ◽  
pp. 480-483 ◽  
Author(s):  
Julia M Weijers ◽  
Sanne A A Rongen-van Dartel ◽  
Dan M G M F Hoevenaars ◽  
Max Rubens ◽  
Marlies E J L Hulscher ◽  
...  
Keyword(s):  
Rheumatoid Arthritis ◽  
Cardiovascular Disease ◽  
Risk Assessment ◽  
Risk Management ◽  
Cardiovascular Risk ◽  
Lipid Profile ◽  
Secondary Care ◽  
Good Practice ◽  
Successful Implementation ◽  
Cvd Risk

The updated European League Against Rheumatism (EULAR) guideline recommends cardiovascular disease (CVD) risk assessment at least once every 5 years in all patients with rheumatoid arthritis (RA). This viewpoint starts with a literature overview of studies that investigated the level of CVD risk factor (CVD-RF) screening in patients with RA in general practices or in outpatient clinics. These studies indicate that CVD-RF screening in patients with RA is marginally applied in clinical practice, in primary as well as secondary care. Therefore, the second part of this viewpoint describes an example of the successful implementation of the EULAR cardiovascular disease risk management (CVRM) guideline in patients with RA in a region in the south of the Netherlands where rheumatologists and general practitioners (GPs) closely collaborate to manage the cardiovascular risk of patients with RA. The different components of this collaboration and the responsibilities of respectively primary and secondary care professionals are described. Within this collaboration, lipid profile was used as an indicator to assess whether CVD-RF screening was performed in the previous 5 years. In 72% (n=454) of the 628 patients with RA, a lipid profile was determined in the previous 5 years. As part of routine quality control, a reminder was sent to the GP in case a patient with RA was not screened. After sending the reminder letter, in 88% of all patients with RA, CVD risk assessment was performed. This collaboration can be seen as good practice to provide care in line with the EULAR guideline.

Risk Management for Rail Safety: Post Lac Megantic

2016 ◽  
Author(s):  
Vijay Raghunathan ◽  
Ron Mitchell ◽  
Robin Pitblado ◽  
Hong Wu
Keyword(s):  
Risk Assessment ◽  
Risk Management ◽  
Risk Mitigation ◽  
Public Awareness ◽  
Cost Effective ◽  
Quantitative Risk Assessment ◽  
Mitigation Measures ◽  
Baseline Risk ◽  
Base Case ◽  
Assessment Approach

Following several recent serious rail accidents in North America, changes in regulation and increased public awareness is driving the need to address gaps in rail safety. The industry and regulators have numerous safety initiatives; however prescriptive standards in combination with a performance based approach could be a powerful tool for understanding and mitigating risk in a cost effective way. This paper reviews the principles of safety risk management that can be applied to safe transportation of flammable hydrocarbons by Rail. FRA’s proposed rulemaking on Risk reduction program and its potential impact on the industry are also addressed. The approach proposed in this paper focuses on existing and new proposed safeguards/barriers and how they could be monitored and managed. The paper aims to set the path forward for structured risk based thinking in managing rail safety. The first part of the paper explains the barrier based risk assessment approach using the Lac Megantic accident as an example. A bow-tie is developed to deconstruct the incident timeline and to capture the safeguards that existed at that time and their working status. This diagram cross references Transport Canada’s Investigation findings. The second part of the paper evaluates the new mitigation measures proposed by FRA HM 251 rulemaking (“Enhanced Tank Car Standards and Operational Controls for High-Hazard Flammable Trains” Final Rulemaking”) as potential safeguards and their impact on the overall risk of transportation. A baseline risk is first established for transporting crude by rail assuming some common safeguards in place. A simple Quantitative Risk Assessment methodology including likelihood and consequence was then used to estimate the base case risk. Risk mitigation and effect of any additional new measures like Changes in Rail Tank Car design, Oil Conditioning, Enhanced Braking to Mitigate Damage in Derailments, Speed Limit changes, Positive train control, Train manning when loading are assessed.

scholarly journals Perceived risk: psychological factors and social implications

1981 ◽  
Vol 376 (1764) ◽  
pp. 17-34 ◽  
Keyword(s):  
Risk Assessment ◽  
Risk Management ◽  
Perceived Risk ◽  
Psychological Factors ◽  
Nuclear Power ◽  
Social Implications ◽  
Public Response ◽  
Lay People ◽  
Similarities And Differences

Subjective judgements, whether by experts or lay people, are a major component in any risk assessment. If such judgements are faulty, risk management efforts are likely to be misdirected. This paper begins with an analysis of biases exhibited by lay people and experts when they make judgements about risk. Next, the similarities and differences between lay and expert evaluations are examined in the context of a specific set of hazardous activities and technologies. Finally, insights from this research are applied to the problems of informing people about risk and forecasting public response towards nuclear power.

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