scholarly journals Job Safety Analysis in the Context of the Risk Management Process

2019 ◽  
Vol 1 (1) ◽  
pp. 35-44
Author(s):  
Dorota Wojtyto ◽  
Dariusz Rydz ◽  
Michał Pałęga ◽  
Aleksader S. Arbuz
Keyword(s):  
Risk Management ◽  
Risk Analysis ◽  
Production Line ◽  
Glass Production ◽  
Safety Analysis ◽  
Management Process ◽  
Safety Risk ◽  
Preventive Actions ◽  
Risk Management Process ◽  
Job Safety

AbstractThe article presents the Job Safety Analysis for a Glass Production Line Operator's Workstation in the context of the Risk Management Process. The main tasks performed by the worker have been defined, and then risks associated with each activity and preventive actions have been identified. On this basis, for the Health & Safety risk analysis and assessment, criteria have been established, which take into account the actual exposure to risks and their probability and results.

scholarly journals The UAVs threat to airport security: risk analysis and mitigation

2019 ◽  
Vol 9 (2) ◽  
pp. 63 ◽  
Author(s):  
John Pyrgies
Keyword(s):  
Risk Management ◽  
Risk Analysis ◽  
Mitigation Measures ◽  
Airport Security ◽  
Negative Consequences ◽  
Security Risk ◽  
Risk Matrix ◽  
Safety Risk ◽  
Risk Management Process ◽  
Different Sources

Purpose: This research studies the UAV incidents in the vicinity of worldwide airports in order to deliver a quantitative and qualitative analysis of this phaenomenon, to analyse the risks associated to this threat and propose mitigation measures that brings this risk to an ‘acceptable’ level.Methodology: A population of 139 ‘serious UAV incidents in the vicinity of worldwide airports’ has been constituted on the basis of the FAA and NASA databases and articles published on the Web by online media. This phaenomenon has then been analysed quantitatively using descriptive statistics techniques and qualitatively by analysing in-depth some representative incidents. A risk analysis has then been performed based on the FAA Safety Risk Management 5-steps process to identify the hazards i.e. the root causes of those UAV incidents, determine their outcome i.e. negative consequences that jeopardize airports objectives and assign them a severity level and likelihood i.e. frequency level. Analysed risks have then been assessed based on FAA ARP Risk Matrix. Mitigation measures (prevention, deterrence, denial, detection, neutralisation) have been identified following a ‘Defence-in-Depth’ approach.Findings: The findings of the study are that those UAV incidents are more numerous than anticipated and happen higher and further from the airports than expected: they happen not only in CTRs but also in TMAs. This has an impact on the mitigation measures that shall not only be deployed at airports side but also be on-boarded in manned aircrafts.Originality: To our knowledge, no study has combined different sources to constitute such a population focused on ‘serious’ UAVs incidents around airports worldwide, has applied the official FAA Safety Risk Management process to assess this risk and followed a structured ‘Defence-in-Depth’ approach typically used in Cybersecurity to mitigate this risk.Keywords: Airport security and safety, Unmanned Aerial Vehicles (UAVs) threat, Risk analysis and mitigation, Counter-UAVs technologies.

E-Commerce Risk Analysis with Fuzzy Analytic Hierarchy Process

2014 ◽  
Vol 571-572 ◽  
pp. 1129-1132
Author(s):  
Tao Xu
Keyword(s):  
Risk Management ◽  
Risk Analysis ◽  
Analytic Hierarchy Process ◽  
Risk Measurement ◽  
Fuzzy Analytic Hierarchy Process ◽  
Management Process ◽  
Analytic Hierarchy ◽  
Risk Management Process ◽  
Hierarchy Process

Fuzzy Analytic Hierarchy Process (FAHP) has been applied widely in risk measurement. In this paper, we have applied FAHP to the risk measurement of an e-commerce business. The results indicate that FAHP can reveal more details of risks. It is also helpful for the e-commerce businesses to improve their risk management process.

Risk Management in the Context of Analysis of Foreign Economic Activities Performance Indicators by Customs Administrations of EU

2020 ◽  
Vol 22 (1) ◽  
pp. 108-111
Author(s):  
Vitalii Turzhanskyi ◽  
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Risk Analysis ◽  
Performance Indicators ◽  
Economic Activity ◽  
International Standards ◽  
Management Process ◽  
Current Trends ◽  
Risk Management Process ◽  
The Eu

Introduction. EU customs administrations use modern technologies in the customs control process that meet international standards in the field of risk management and WСO recommendations. At the same time, the development of partnerships between customs and business significantly reduces customs barriers, and the use of the most simplified procedures of honest participants in foreign economic activity contributes to the rapid and timely receipt of customs payments to the state budget. It is important to study the experience of EU countries in the analysis of risk-oriented criteria and key indicators of foreign economic activity of economic entities. Purpose. The purpose of the article is to study the features of the risk management process in the EU, to study the main groups of risks, indicators and criteria that characterize the foreign economic activity of economic entities and are analyzed by the EU customs authorities. Results. The article examines the features of the risk management process in the European Union. It is established that risk management of customs risks is associated with the analysis of performance indicators of foreign economic activity and the definition of criteria necessary for the identification and assessment of risk. The stages of the dynamic risk management process in the EU are established: establishment of the strategic, organizational and managerial process of risk management; risk analysis; risk processing; monitoring. The main groups of risks and the main groups of activity indicators of foreign economic activity subjects which are analyzed by customs authorities are defined. It is established that the current trends in the analysis of customs risks are modeling the supply chain of goods, the study of information related to the identified facts are incorrect and facts that may indicate the likelihood of non-compliance with customs legislation. Conclusion. Having studied the experience of the EU, the selection of subjects of foreign economic activity for detailed customs control is based on the analysis of indicators of foreign economic activity of economic operators using a system of risks as a set of criteria indicating possible violations of customs legislation. Therefore, the current trends in risk analysis are to pay more attention to the modeling of the supply chain of goods, research of information and performance of foreign trade entities related to the identified facts of illegality and facts that may indicate possible non-compliance with the rules of movement of goods across customs.

scholarly journals THE VALUE AND DIRECTIONS OF IMPROVING THE INVESTMENT RISK MANAGEMENT PROCESS IN A PHARMACEUTICAL COMPANY

2021 ◽  
Vol 9 (9) ◽  
pp. 260-262
Author(s):  
O. V. Kadyrova ◽  
Yu. I. Sevostyanov
Keyword(s):  
Risk Management ◽  
Risk Analysis ◽  
Pharmaceutical Company ◽  
Investment Project ◽  
Investment Risk ◽  
Management Process ◽  
Risk Management Process

The article considers investment risk because of the influence of uncertainty on the achievement of the goals of a particular investment project. The results of the analysis of the practice of investment risk management in a particular pharmaceutical company are presented. It is concluded that the exclusion of the stage of its processing from the investment risk management process entails the loss of possible benefits due to the refusal to implement projects based on the results of risk analysis. Improving the investment risk management process is a factor in increasing the value of the company.

scholarly journals Presenting a Method for Evaluating the Safety Risk Management Process in Industries Using Fuzzy Logic Approach

2021 ◽  
Author(s):  
Hamidreza Mehri ◽  
Faeze Sepahi-Zoeram ◽  
Ali Karimi ◽  
Farideh Golbabaei
Keyword(s):  
Risk Management ◽  
Fuzzy Logic ◽  
Correlation Coefficient ◽  
Content Validity ◽  
Fuzzy Model ◽  
Face Validity ◽  
Management Process ◽  
Alpha Coefficient ◽  
Safety Risk ◽  
Risk Management Process

Background: An effective process for preventing industrial accidents basically requires a thorough study of the environment, data collection, evaluation, and analysis of this information, determination of corrective action, and its implementation. Risk management provides an integrated framework for this important process. The purpose of this study was to identify the parameters of the risk management process, combine these parameters by fuzzy logic and construct a fuzzy model to obtain the risk management index and finally design a questionnaire with Likert scale to obtain the inputs of this model to evaluate the risk management process. Methods: This descriptive cross-sectional study was conducted in 2018 in Tehran. First, based on library studies and experts' opinions, Jaques non-linear crisis management model was selected, and based on this model, the parameters of the risk management process were extracted. Then, a questionnaire with 22 questions was designed to measure these parameters, the content and face validity of which were evaluated. Also, to evaluate the reliability of the questionnaire, the test-retest method and Cronbach's alpha coefficient were used. Then the parameters were defined as fuzzy numbers, the Fuzzy inference engine was programmed using fuzzy rules, and its validity was evaluated. Results: The fuzzy model has three stages, in each of which sixteen rules are used. In this fuzzy model, the defuzzification step was performed by four methods with the same results. The designed questionnaire contains twenty-two questions, the content validity ratio (CVR) for this questionnaire is 0.89, and the content validity index (CVI) for all questions was above 0.79. Cronbach's alpha coefficient for this questionnaire was 0.713. Face validity was determined quantitatively by calculating the impact score (more than 1.5). Using intraclass correlation coefficient and Pearson correlation coefficient, the existence of reliability between test times (test-retest) was confirmed, so that their values were 0.84 and 0.88%, respectively. Conclusion: The proposed fuzzy model has a high validity giving a correct evaluation of the risk management process and expressing the final result in the form of an index between zero and one hundred. The risk management process evaluation questionnaire has good validity and reliability with the interpretation that the item has good face validity and is understandable, simple, and fluent for the sample group. Using this tool, industry managers can evaluate the safety risk management process, making them able to identify the strengths and weaknesses of this process, and finally take steps to eliminate the defects and improve this process continuously.

scholarly journals RISKS AFFECTING CITY ATTRACTIVENESS

2015 ◽  
Vol 1 (7) ◽  
pp. 93
Author(s):  
Lienīte Litavniece
Keyword(s):  
Risk Management ◽  
Risk Analysis ◽  
Human Resources ◽  
Management Process ◽  
Expert Survey ◽  
Analysis Phase ◽  
Risk Management Process ◽  
Potential Risks ◽  
The City ◽  
Strategic Goal

The competition among cities contributes to raising new strategic targets; in any case the most important is to provide your city with the necessary human resources – independent people, investors / entrepreneurs and guests/ tourists. As a result, each municipality must take into account many factors in order to avoid cause havoc. The potential risks must be taken into account. The risk management process in the context of attractiveness of the city is a relatively little-studied issue. The paper aims to assess the risks that influence attractiveness of a city and determine their ranking according to the city's attractiveness criteria. The paper is focused on the risk analysis phase, based on attractiveness of a city as the city's strategic goal. The risks were grouped into eleven city attractiveness criteria. An expert survey was carried out, resulting in the risk set for each rank within single criteria. The obtained expert survey data will be used in municipalities during the planning work, because it will give the opportunity to be aware of the major risks, the consequences which may affect city attractiveness.

Design Thinking as a Tool for the Analysis of Project Risks

2019 ◽  
Vol 16 (6) ◽  
pp. 60-77
Author(s):  
E. V. Vasilieva ◽  
T. V. Gaibova
Keyword(s):  
Risk Management ◽  
Risk Analysis ◽  
Design Thinking ◽  
Management Tools ◽  
Project Risk ◽  
Team Members ◽  
Investment Projects ◽  
Risk Management Process ◽  
Project Objectives ◽  
Project Risk Analysis

This paper describes the method of project risk analysis based on design thinking and explores the possibility of its application for industrial investment projects. Traditional and suggested approaches to project risk management have been compared. Several risk analysis artifacts have been added to the standard list of artifacts. An iterative procedure for the formation of risk analysis artifacts has been developed, with the purpose of integrating the risk management process into strategic and prompt decision-making during project management. A list of tools at each stage of design thinking for risk management within the framework of real investment projects has been proposed. The suggested technology helps to determine project objectives and content and adapt them in regards to possible; as well as to implement measures aimed at reducing these risks, to increase productivity of the existing risk assessment and risk management tools, to organize effective cooperation between project team members, and to promote accumulation of knowledge about the project during its development and implementation.The authors declare no conflict of interest.

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