Induced-seismicity risk-mitigation strategies: Montney case study

2017 ◽  
Author(s):  
Emrah Yenier ◽  
Dario Baturan ◽  
Brad Bialowas ◽  
Bogdan Batlai ◽  
John Nieto
Keyword(s):  
Induced Seismicity ◽  
Risk Mitigation ◽  
Mitigation Strategies ◽  
Risk Mitigation Strategies

scholarly journals Biofuel supply chain risk mitigation strategy framework: Expert interview based Approach

2020 ◽  
Vol 13 (1) ◽  
pp. 179
Author(s):  
Tedy Wachyudi ◽  
Arief Daryanto ◽  
Machfud Machfud ◽  
Yandra Arkeman
Keyword(s):  
Supply Chain ◽  
Risk Mitigation ◽  
Business Practice ◽  
Mitigation Strategies ◽  
Security Framework ◽  
Supply Chain Risk ◽  
Expert Interview ◽  
Risk Mitigation Strategies ◽  
The Impact

Purpose: The purpose of this case study is to develop and framework supply chain characteristics and risk mitigation strategies in the context of biodiesel downstream supply chain.Design/methodology/approach: This study employs an expert interview-based approach as a qualitative approach with a multi-perspectives view.Findings: There are vary strategies among perspectives, such as perspectives of organization and business types, stakeholder types, times and methods. These also shows that business strategy of collaborative, coordinative, and cooperative arise as alternative strategies for each perspective and each level of stakeholder. Those business strategies may apply in a vary operation strategies which linking through an energy security framework element as company’s competitive priorities.Research limitations/implications: The research scope includes only a certain area of the country’s territory and the target company’s supply chain areas of activity. The research method includes only internal stakeholders and experts as respondents and data sources. The level of analysis was only at corporate level in the corporate case study context. The research also targets only a downstream activities of biodiesel supply chain context. The interview-based approach as a qualitative approach faces some subjectivity challenges among respondents.Practical implications: The research result provides some positive implications for business practice, includes how to minimize the impact of supply chain risk on company’s business activities and performance, how supply chain experts and practitioners used risk mitigation practices, how to formulate strategic plans to minimize the impact of supply chain risk and enhance the effectivity and sustainability of the supply chain activities.Social implications: The implication for business practice was that company’s leaders implemented supply chain risk mitigation strategies that provide positive impacts on the more valuable relationship among supply chain actors and stakeholders.Originality/value: The first, is an activities areas and operation schemes-based of biodiesel supply chain point of view. The second, is a multi-perspectives-based biodiesel supply chain characteristics framework. The third, is an energy security framework-based biodiesel risk mitigation strategies framework.

scholarly journals FINANCING AND RISK MANAGEMENT TECHNIQUES IN GREEN FIELD PROJECTS UNDER PUBLIC, PRIVATE PARTNERSHIP (PPP) MODEL: A CASE STUDY OF RAJIV GANDHI INTERNATIONAL AIRPORT (RGIA) LTD, HYDERABAD.

2009 ◽  
pp. 22-31
Author(s):  
Sarbesh Mishra ◽  
Malay Kumar Mohanty
Keyword(s):  
Risk Mitigation ◽  
Mitigation Strategies ◽  
Initial Stage ◽  
Risk Mitigation Strategies ◽  
Pros And Cons ◽  
Management Techniques ◽  
Operational Phase ◽  
Timely Delivery

PPP projects have brought a big change in Indian Infrastructure Industry. There was not only a dramatic turnaround in the time taken for completion of projects but also a big change in quality of the projects. This change was because of involvement of a private player in the project. Though projects in the range of 500 crores, 1000 crores or even more than that was earlier handled by government departments but they always lacked with timely delivery and quality of projects. This was because of lack of planning and even because of lack of modern day tracking of projects. Now this gap was merged with the entry of a private player. There are glaring examples that this model has been a big success, be it RGIA of Hyderabad or modernization of Delhi and Mumbai airports, each of these projects has been a big success. It’s not only airport projects that has become successful even there are a lot of projects in road sector, port sector which have been completed in this model. The major issue with big infrastructure projects has been financing of these projects. Since in a PPP model private player also takes up the responsibility of financing the project with adequate support from government overall funding of the project becomes easier. But the problem does not seem to end over here because the private player which takes the responsibility of financing the project during initial stage also bears the risk of revenue generation which might be a big concern during operational phase. If the actual revenue falls short of projected revenue than the ROI will have a severe impact. In order to counteract these problems associated with various PPP models several risk mitigation strategies are adopted to safeguard both the parties in a better way. Though India has taken a huge step forward by awarding several projects in this PPP model still there is a long way to go in terms understanding the pros and cons of PPP model and how well it can be adopted in Indian scenario.

scholarly journals Risk Mitigation Strategy for Mangosteen Business Using House of Risk (HOR) Methods (A Case Study in "Wijaya Buah", Blitar District, Indonesia)

2018 ◽  
Vol 4 (2) ◽  
pp. 17
Author(s):  
Retno Astuti ◽  
Rizky Lutfian Ramadhan Silalahi ◽  
Rizky Amalia Rosyadi
Keyword(s):  
Supply Chain ◽  
Risk Mitigation ◽  
Mitigation Strategy ◽  
Mitigation Strategies ◽  
Aggregate Risk ◽  
Risk Mitigation Strategies ◽  
Risk Potential ◽  
Level 2

The study aimed to determine the order of priority risk agents and risk mitigation strategies that should be implemented by “Wijaya Buah” as a fruit wholesaler. This research used 2 phases of House of Risk (HOR) methods. HOR I was used to identify risk events and risk agents in mangosteen business based on the mapping of business activities using the Supply Chain Operations Reference (SCOR) version 9 level 2. HOR II then was used to determine the risk mitigation strategy based the relation between the risk mitigations and the risk agents. The results of the study showed that 19 risk events were identified with 27 risk agents. Based on the calculation of Aggregate Risk Potential (ARP), 1 risk agents became priority to be designed for mitigation strategies. In order to reduce the incidence of risk agent, 3 mitigation strategies should be applied in “Wijaya Buah”. Keywords: HOR; Mangosteen; Mitigation; Risk; SCOR

scholarly journals Can Citizen Science Promote Flood Risk Communication?

Water ◽  
2019 ◽  
Vol 11 (10) ◽  
pp. 1961 ◽  
Author(s):  
Wing Cheung ◽  
David Feldman
Keyword(s):  
Citizen Science ◽  
Flood Risk ◽  
Risk Mitigation ◽  
Mitigation Strategies ◽  
Future Research ◽  
Flood Hazards ◽  
Risk Mitigation Strategies ◽  
Limited Application

This article explores the challenges facing citizen science as a means of joining the efforts of scientists and flood-risk affected stakeholders in motivating citizen involvement in identifying and mitigating flood risks. While citizen science harbors many advantages, including a penchant for collaborative research and the ability to motivate those affected by floods to work with scientists in elucidating and averting risk, it is not without challenges in its implementation. These include ensuring that scientists are willing to share authority with amateur citizen scientists, providing forums that encourage debate, and encouraging equal voice in developing flood risk mitigation strategies. We assess these challenges by noting the limited application of citizen science to flood-relevant problems in existing research and recommend future research in this area to meaningfully incorporate a “re-imagined” citizen science process that is based on the participatory theoretical framework. We also discuss one case study where the principles of collaboration, debate, and equal voice were put into play in an effort to apply citizen science and—in the long term—mitigate flood hazards in one set of communities.

scholarly journals Analisis Pembiayaan Akad Mudharabah dan Musyarakah di Bank Syariah (Studi Kasus Bank BTN Syariah)

2017 ◽  
Vol 4 (2) ◽  
pp. 159
Author(s):  
Muhammad Habibi Astono ◽  
Dina Fitrisia Septiarini
Keyword(s):  
Risk Mitigation ◽  
Technical Analysis ◽  
Legal Aspects ◽  
Mitigation Strategies ◽  
Islamic Banks ◽  
Financial Capability ◽  
Analysis Process ◽  
Risk Mitigation Strategies ◽  
Financial Aspect

The purpose of this study was to determine how the analysis process for the results of financing agreement in Islamic banks (Bank BTN Syariah case study). The results showed that of the theory 5C, Bank BTN Syariah using 4C theory (Character, Capacity, Capital, Collateral) or the so-called four pillars. As for the theory 6A (Analysis of Legal Aspects, Analysis Marketing Aspect, Aspect Analysis Technical Analysis Aspects of Management, Analysis of Financial Aspect, Aspect Analysis Socioeconomic) the Bank BTN Syariah overall use of the theory. Risk mitigation strategies of financing and loss at Bank BTN Syariah divided into two types namely risk strategy proactive and reactive risk strategy . Proactive risk strategy carried out by the analysis of the character , financial capability and guarantees borrowers. Reactive risk strategy carried out by the approach of friendship , rescheduling and restructuring measures, as well as the withdrawal of the guarantee.

scholarly journals Use of failure modes and effects analysis to mitigate potential risks prior to implementation of an intravenous compounding technology

2021 ◽  
Author(s):  
Agnes Ann Feemster ◽  
Melissa Augustino ◽  
Rosemary Duncan ◽  
Anand Khandoobhai ◽  
Meghan Rowcliffe
Keyword(s):  
Medication Safety ◽  
Failure Modes ◽  
Risk Mitigation ◽  
New Technology ◽  
Hazard Index ◽  
Mitigation Strategies ◽  
Investigational Drug ◽  
Workflow Optimization ◽  
Proactive Approach ◽  
Risk Mitigation Strategies

Abstract Disclaimer In an effort to expedite the publication of articles related to the COVID-19 pandemic, AJHP is posting these manuscripts online as soon as possible after acceptance. Accepted manuscripts have been peer-reviewed and copyedited, but are posted online before technical formatting and author proofing. These manuscripts are not the final version of record and will be replaced with the final article (formatted per AJHP style and proofed by the authors) at a later time. Purpose The purpose of this study was to identify potential failure points in a new chemotherapy preparation technology and to implement changes that prevent or minimize the consequences of those failures before they occur using the failure modes and effects analysis (FMEA) approach. Methods An FMEA was conducted by a team of medication safety pharmacists, oncology pharmacists and technicians, leadership from informatics, investigational drug, and medication safety services, and representatives from the technology vendor. Failure modes were scored using both Risk Priority Number (RPN) and Risk Hazard Index (RHI) scores. Results The chemotherapy preparation workflow was defined in a 41-step process with 16 failure modes. The RPN and RHI scores were identical for each failure mode because all failure modes were considered detectable. Five failure modes, all attributable to user error, were deemed to pose the highest risk. Mitigation strategies and system changes were identified for 2 failure modes, with subsequent system modifications resulting in reduced risk. Conclusion The FMEA was a useful tool for risk mitigation and workflow optimization prior to implementation of an intravenous compounding technology. The process of conducting this study served as a collaborative and proactive approach to reducing the potential for medication errors upon adoption of new technology into the chemotherapy preparation process.

A Low-Fidelity Stochastic Model of Viral Spread in Aircraft to Assess Risk Mitigation Strategies

2021 ◽  
Author(s):  
Leigh McCue
Keyword(s):  
Large Scale ◽  
Risk Mitigation ◽  
Mitigation Strategies ◽  
Traffic Network ◽  
Computationally Efficient ◽  
Passenger Compartment ◽  
Stochastic Effects ◽  
Viral Spread ◽  
Risk Mitigation Strategies ◽  
Baseline Health

Abstract The purpose of this work is to develop a computationally efficient model of viral spread that can be utilized to better understand influences of stochastic factors on a large-scale system - such as the air traffic network. A particle-based model of passengers and seats aboard a single-cabin 737-800 is developed for use as a demonstration of concept on tracking the propagation of a virus through the aircraft's passenger compartment over multiple flights. The model is sufficiently computationally efficient so as to be viable for Monte Carlo simulation to capture various stochastic effects, such as number of passengers, number of initially sick passengers, seating locations of passengers, and baseline health of each passenger. The computational tool is then exercised in demonstration for assessing risk mitigation of intervention strategies, such as passenger-driven cleaning of seating environments and elimination of middle seating.

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