Adaptation frameworks for transport infrastructure: Linking vulnerability assessment, risk management and performance objectives

Author(s):  
Author(s):  
Anass Bayaga ◽  
Emmanuel O. Adu

Abstract Building on prior research related to (1) impact of information communication technology (ICT) and (2) operational risk management (ORM) in the context of medium and small enterprises (MSEs), the focus of this study was to investigate the relationship between (1) ICT operational risk management (ORM) and (2) performances of MSEs. To achieve the focus, the research investigated evaluating models for understanding the value of ICT ORM in MSEs. Multiple regression, Repeated-Measures Analysis of Variance (RM-ANOVA) and Repeated-Measures Multivariate Analysis of Variance (RM-MANOVA) were performed. The findings of the distribution revealed that only one variable made a significant percentage contribution to the level of ICT operation in MSEs, the Payback method (β = 0.410, p < .000). It may thus be inferred that the Payback method is the prominent variable, explaining the variation in level of evaluation models affecting ICT adoption within MSEs. Conclusively, in answering the two questions (1) degree of variability explained and (2) predictors, the results revealed that the variable contributed approximately 88.4% of the variations in evaluation models affecting ICT adoption within MSEs. The analysis of variance also revealed that the regression coefficients were real and did not occur by chance


2010 ◽  
Vol 38 (2) ◽  
pp. 157-174 ◽  
Author(s):  
Nuno Almeida ◽  
Vitor Sousa ◽  
L. Alves Dias ◽  
Fernando Branco

Author(s):  
Anders Esmark

Setting a new benchmark for studies of technocracy, the book shows that a solution to the challenge of populism will depend as much on a technocratic retreat as democratic innovation. Esmark examines the development since the 1980s of a new 'post-industrial' technocratic regime and its complicity in the populist backlash against politics and political elites that is visible today. The new technocracy – a combination of network governance, risk management and performance management – has, the author argues, abandoned the overtly anti-democratic sentiments of its industrial predecessor and proclaimed a new partnership with democracy. The rise of populism, however, is a clear sign that the inherent problems of this partnership have been exposed and that technocracy posing as democracy will only serve to exacerbate existing problems.


In order for design teams to design targeted operational systems, they must understand the essential background material: operational visibility, ambiguity challenges associated with risk management, and significantly, approach and landing safety. Operational visibility has guidelines for availability of a precision approach, low visibility, approach lights, and obstacle clearance. Visibility minimums are depicted as limiting factors but are otherwise advisory. Risk management issues need to be addressed with convergent technology applications and performance modeling. They need to be viewed as a cluster of events and identified as low, moderate, and high risks. A risk continuum shows the ranges from no appreciable risk to an imminent substantial negative outcome. Risks in takeoff and approaches were addressed in the Go-Around Safety Forum and in safety improvement strategies relating to the go-around decision making process and execution. Operational decision analytical structure is represented in a go-around decision model.


Author(s):  
Mariam El Hiri ◽  
Abdelali En-Nadi ◽  
Anas Chafi

The big challenge for each company is the implementation of an appropriate risk management strategy. Through this work, we seek to draw up an inventory of Moroccan companies supply chain. The objective is to identify the main risks, their relationship with the performance of the supply chain and to establish an overview of the risk management systems. For this reason, a research model was developed and concretized by quantitative data collected from 29 Moroccan companies. The analysis of the data show that the performance of the supply chain is strongly influenced by the importance of supply chain risk in particular the supplier and demand risks, and leads to insist on the importance of integrating a device adapted to the management of these Risks, especially in the upstream part of the supply chain.


2019 ◽  
Vol 7 (8) ◽  
pp. 260 ◽  
Author(s):  
Oswaldo Coca-Domínguez ◽  
Constanza Ricaurte-Villota

A hazard and vulnerability assessment of coastal erosion is an essential first step for planning and decision-making, because it is part of risk management and its results are in the form of easily interpreted traffic-light maps. For the analysis of the assessment in this work, a methodology is proposed which considers three components for both hazard (magnitude, occurrence, and susceptibility) and vulnerability (exposure, fragility, and lack of resilience), through a semi-quantitative approximation, by applying relative indices to different variables. This methodology has been adapted to analyze hazards and vulnerability caused by coastal erosion combining physical and social aspects. For the validation of this methodology, Spratt Bight Beach (Colombian Caribbean) and La Bocana beach (Colombian Pacific) were selected in order to have contrasting regions and to validate the application of the method over a geographical range. One of the most significant outcomes of the assessment of the degree of hazard and vulnerability is that the rating may represent different combinations of factors. It is therefore important to study and interpret the components separately, allowing us to propose corrective and/or prospective focused interventions at local and regional levels. In terms of vulnerability, the assessment highlighted the importance of cultural ecology as a factor of resilience to coastal hazards.


2012 ◽  
Vol 13 (2) ◽  
pp. 101-107
Author(s):  
Gintautas Labanauskas ◽  
Ramūnas Palšaitis

Investment Risk Management and Economic Aspects of Transport Infrastructure Development The major causes of investment riskiness into transport infrastructure relate to international economy instability, lack of clearly defined and accurate information on the overall processes of international intermodal transportation, absence of objective information due to inconsequent market research as regards interpretation of economic, political and other aspects. Assessment of objective integrated investments into public transport sector as a very specific branch of economy should necessarily be evaluated as multiple indicators affecting different spheres of community, and the final solution should be drawn when all multi-criteria indicators are well appraised. Economy based grounding of the optimal choice from all possible variants when solving specific tasks of the transport sector, depends on the economic expediency of the constructed subject. The main factors of effective usage of investments become apparent in the process of solving the task of road or railway network development optimisation.


2016 ◽  
Vol 23 (5) ◽  
pp. 674-691
Author(s):  
Lamei Hu ◽  
Honghua Wu

Purpose There is a relatively low risk management (RM) level and maturity in China’s state-owned construction enterprises (CSCEs). The purpose of this paper is to find the main factors impacting RM in practice to promote rapid, sound and sustained development in CSCEs. Design/methodology/approach There are a few state-owned CSCEs in China. Most enterprises know little about RM. Because of the limited number of RM departments in these enterprises, 200 questionnaires were sent to the enterprises to investigate the RM strategies employed by them. The research is quantitative and used a questionnaire survey to determine the important factors influencing RM practice. The collected data were analyzed with the Statistical Package for the Social Sciences to identify the most important factors affecting RM as well as the extent of influence of these factors, in order to facilitate further research. Findings The survey revealed the top eight factors (i.e. leaders’ support, personnel’s responsibility, comprehensiveness of identification, costs and benefits, risk appetite, understanding of language, frequency of training and performance management) that highly impact RM in CSCEs and the extent to which these factors impact RM. The data reveal that the average RM level is low. Some methods have been recommended to improve RM. Research limitations/implications The research lays the foundation for further RM development in CSCEs. The low RM level in CSCEs should encourage researchers to find better ways to improve RM. Some factors in the research will function as valuable guides for China’s private and public-private partnership enterprises. Practical implications A quantitative analysis methodology for RM has been developed for CSCEs that can reflect their RM level. In addition, the degree of impact of key factors on RM has been shown. The results can act as a reference to improve RM quantitatively, making the RM system more explicit in dealing with risks more accurately and instructively. Originality/value Structural RM research is utilized to evaluate RM in CSCEs by following an empirical method. With the continuous improvement in RM, CSCEs can cooperate well with construction enterprises of other countries for infrastructure projects and gain more benefits.


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