scholarly journals Transport Risk Identification and Assessment

2021 ◽  
Vol 23 (3) ◽  
pp. F109-F115
Author(s):  
Jaroslava Kubáňová ◽  
Iveta Kubasáková
Keyword(s):  
Transport Process ◽  
Risk Identification ◽  
Risk Level ◽  
Actual Risk ◽  
Degree Of Risk

The transport process is characterized by transport operations and the relationships between them, the route, the time of transport and the type of product transported. One of these parameters is the degree of risk associated with a possible disruption of the transport process. Therefore, this article aims to present the possibility of calculating the degree of risk on the selected transport route. The risk level is calculated on based on the actual risk incidents on the transport route.

scholarly journals Study of Credit Risk Identification Techniques Followed by Commercial Banks in Nepal

2017 ◽  
Vol 2 (2) ◽  
pp. 1-17
Author(s):  
Indra Kumar Kattel
Keyword(s):  
Credit Risk ◽  
Commercial Banks ◽  
Joint Venture ◽  
Swot Analysis ◽  
Risk Identification ◽  
Risk Level ◽  
Private Bank ◽  
Significant Difference ◽  
Identification Techniques ◽  
Tools And Techniques

 The main purpose of this study is to explore the current credit risk identification techniques used by Nepalese commercial banks. A questionnaire was developed and surveyed to 9 commercial banks operating in Nepal. This paper attempts to ascertain the perceptions of Nepalese bankers about the importance of credit identification techniques and the practice of various tools to identify the risk related with the borrowers. The result of the study indicates that the Nepalese bankers are aware of the importance of various techniques to effectively identify the risk level. Furthermore, the Nepalese commercial banks have used various techniques like interview, root cause effect, check list analysis, Strength, Weakness, Opportunity and Threat (SWOT) analysis, scenario analysis, expert judgment, simulation, stress testing etc. In addition, there was significant difference between all three categories of bank, namely State-Owned bank with Private Bank, State-Owned bank with Joint Venture Bank, and Joint Venture Bank with Private Bank in terms of tools and techniques used for credit risk identification.

Case Analysis of Environmental Risk Assessment for Petrochemical Industry

2013 ◽  
Vol 726-731 ◽  
pp. 1101-1104 ◽  
Author(s):  
Li Na Zheng ◽  
Lin Zhang ◽  
Lei Zhang ◽  
Heng Ming Liu
Keyword(s):  
Risk Assessment ◽  
Petrochemical Industry ◽  
Source Term ◽  
Case Analysis ◽  
Risk Identification ◽  
Risk Level ◽  
Accident Risk ◽  
Refining Unit ◽  
Petrochemical Project ◽  
Term Analysis

In this paper, to explore the risk identification, the source term analysis, the consequences calculations, risk assessment, risk management of petrochemical project, a case analysis was conducted, which is a petrochemical company planned 900,000 tons / year of gasoline refining unit construction project. The results showed that the project spill will not spread to the outside environment, the explosion will cause part of the plant severelydamaged, but the accident risk value is lower, the maximum credible accident on the environment could be caused by the less risk. Risk level of the maximum credible accident is acceptable.

scholarly journals Risk Identification of Coal Spontaneous Fire Based on COWA Modified G1 Combination Weighting Cloud Model

2021 ◽  
Author(s):  
Guorui Su ◽  
Baoshan Jia ◽  
Peng Wang ◽  
Ru Zhang ◽  
Zhuo Shen
Keyword(s):  
Coal Mine ◽  
Heat Dissipation ◽  
Spontaneous Combustion ◽  
Cloud Model ◽  
Influence Factors ◽  
Fire Risk ◽  
Risk Identification ◽  
Weighted Averaging ◽  
Risk Level ◽  
Spontaneous Fire

Abstract To realize the scientific judgment of spontaneous fire risk in the coal mine, the spontaneous fire influence factors were analyzed from the three aspects of coal spontaneous combustion tendency, air leakage, and oxygen supply, heat storage and heat dissipation. And the basis for the evaluation of t spontaneous fire grade was constructed. Combination ordered weighted averaging (COWA) calculation was introduced to optimizes G1 subjective weighting, and a COWA modified G1 combined weighting cloud model was proposed to identify the spontaneous fire risk in the coal mine. Finally, the rationality of the model was verified with actual cases. The research results show that the spontaneous fire risk level in the Lingquan coal mine is relatively safe, which is consistent with the actual situation. And the spontaneous combustion tendency of coal is the leading factor affecting spontaneous fire risk.

scholarly journals Bus passenger flow congestion risk evaluation model based on the Pressure-State-Response framework: A case study in Beijing

2019 ◽  
Vol 103 (1) ◽  
pp. 003685041988356 ◽  
Author(s):  
Siyong Ma ◽  
Jiancheng Weng ◽  
Chang Wang ◽  
Dimitrios Alivanistos ◽  
Pengfei Lin
Keyword(s):  
Network Flow ◽  
Risk Evaluation ◽  
Travel Demand ◽  
Evaluation Model ◽  
Risk Identification ◽  
Risk Level ◽  
Transit System ◽  
State Response ◽  
Passenger Flow ◽  
Pressure State

Urban public transport is a very essential mode for urban residents’ commute travel; however, the unbalanced spatial and temporal distribution of travel demand usually leads to passenger flow congestion risk at certain section and time. Meanwhile, the risk is short of quantified description. Based on the Pressure-State-Response framework, the study puts forward three bus passenger flow congestion risk evaluation indexes including the alternative pressure, the congestion intensity, and the transport efficiency. Then, the evaluation model is proposed based on the entropy method, and the risk is divided into four levels by K-means clustering. The article considers the 3rd Ring Road corridor in Beijing as a case to identify the risk level. The results show that the risk in the peak hours of weekdays is generally about 1.5 times higher than the risk in the weekends. The congestion risk is stable in level 3 during the majority time of morning peak hours. The duration intensity of level 4 risk is less than 0.1 during weekdays, indicating that the highest flow congestion can be quickly evacuated in a short time. The integrated passenger risk identification and evaluation model was proposed to identify the passenger flow risk level and induce the network flow distribution more reasonable. The study also provides technical support for ensuring the public transit system safety.

scholarly journals Risk Assessment of Wave Energy Converter At Kuantan Port, Pahang

2021 ◽  
Vol 10 (2) ◽  
pp. 318-329
Author(s):  
Muhammad Asyraf Abdullah ◽  
Noh Zainal Abidin ◽  
Zulkifly Mat Radzi ◽  
Mohd Arif Ahmad ◽  
Vikneswaran Munikanan ◽  
...  
Keyword(s):  
Risk Assessment ◽  
Wave Energy ◽  
Ocean Waves ◽  
Risk Identification ◽  
Wave Energy Converter ◽  
Risk Level ◽  
Energy Converter ◽  
Management Guidelines ◽  
Iso 31000 ◽  
Risk Grade

Harvesting energy from ocean waves remains an untapped resource, and it is considered a new methodology in renewable energy, especially in Malaysia. This research is based on a project at Kuantan Port that used Wave Energy Converter (WEC) as a platform to generate energy from waves and convert it into electricity. The purpose of this research is to conduct a risk assessment before the execution of the project by referring to the International Organization for Standardization (ISO) 31000 and Risk Management Guidelines: Companion to AS/NZS 4360:2004. It started from risk identification and planned a mitigation way to reduce the grade of risk. These mitigations will be monitored throughout the project to avoid any accidents or harm during construction and installation in the future. The assessment will be using a qualitative analysis method that will gather all the possible risks that impact the project and propose the actions to mitigate the risk. The assessment will also consider the likelihood, seriousness, and weightage to determine the risk level. The risk assessment is divided into six clusters: project management, hydrography, mechanical, electrical, civil, and safety and security. After analysis, each cluster has given their feedback on the risk assessment and their cluster-s risk grade. This research has found that the risk grade is at grade C, which needs the risk assessment of this project to reduce the likelihood, seriousness, and required mitigation actions. Eventually, after the mitigation plan is applied to each risk, the grade of risk is reduced to N.

scholarly journals ABOUT METHODS OF THE SUBSTANTIATION OF AN ALLOWABLE RISK LEVEL

2000 ◽  
Vol 6 (1) ◽  
pp. 60-65
Author(s):  
Anatoly V. Perelmuter
Keyword(s):  
Mathematical Model ◽  
Linear Dependence ◽  
Risk Estimation ◽  
Risk Level ◽  
The Public ◽  
Actual Risk ◽  
Life Saving ◽  
Points Of View ◽  
Public Reaction ◽  
The Mathematical Model

The problem of admissible risk optimisation is described in detail, especially for the case of possible human victims. Different points of view on the problem of «human being cost» are compared, and the approach based on comparing the numbers of saved lives and the risk for the persons, providing the life saving are considered. An information on actual risk level for different kinds of human activities is presented. The mathematical model of creating the public opinion in case of accidents and analysis of changing the function of society discomposibility function in time are presented. Effects commonly ignored during risk estimation are analysed—like departure from the principle of equal providing the risks for objects of equal responsibility, but different quantity and presence of non-linear dependence between the severity of accidents and public reaction.

scholarly journals An Investigation of Sibu Express Boat Passenger Terminal Transportation risks

2013 ◽  
Vol 4 (2) ◽  
pp. 7-12
Author(s):  
Lau J. S. S. ◽  
Chan R. A. B.
Keyword(s):  
Risk Factors ◽  
Rank Correlation ◽  
Correlation Method ◽  
Risk Groups ◽  
Risk Identification ◽  
Risk Level ◽  
Spearman Rank Correlation ◽  
Spearman Rank ◽  
Political Risks ◽  
Rank Correlation Method

River transportation is essential in Sarawak as the roads are found difficult to be constructed due to difficult terrains, high construction cost for bridges and long construction period. Due to inaccessibility via road, river transportation is the only mean of transportation to rural area and the demand is increasing. On the other hand, the demands are also directly proportional to the occurrence of hazards or risks. Risk identification is a key step in risk management. This paper uses Sibu Express Boat Terminal as a background study and 5 points Likert score is used to rate likelihood and consequences for 36 risk factors. Risk ranking, Spearman rank correlation and sensitivity analysis were then applied for statistical data analyses. From the study, financial related risks ranked the highest and the policy and political risks ranked the lowest. Besides, the Spearman rank correlation method shows there is a relationship between likelihood and risk level. Likewise, there is a relationship between consequences and risk level as well. Results suggested that further research is required by increasing numbers of risk factors, risk groups as well as respondents.

scholarly journals Relationship between degree of risk, cost and level of compliance to occupational health and safety regulations in construction

2013 ◽  
Vol 13 (2) ◽  
pp. 67-82 ◽  
Author(s):  
Abimbola Olukemi Windapo
Keyword(s):  
Negative Relationship ◽  
Health And Safety ◽  
Cost Savings ◽  
Risk Level ◽  
Western Cape ◽  
Regulatory Requirements ◽  
Degree Of Risk ◽  
Risk Cost ◽  
The Cost ◽  
Descriptive Survey

This paper investigates the role of statutory health and safety (H&S) regulations in managing construction project risks. The study examines whether the decision made by contractors to comply with the regulations, the cost of compliance and savings of H&S regulatory requirements is influenced by the degree or level of risk, which the regulations are trying to prevent. The rationale for the examination stems from previous studies which establish that building designers and contractors perceive the cost of complying with regulations as additional burdens, which they have to conform to, and which are in some cases unnecessary, and also the fact that construction related injuries and fatalities are on the increase. Qualitative and quantitative data obtained from a descriptive survey and H&S site audit by the Master Builder Association of the Western Cape (MBAWC) were used as the measurements of risk, level of compliance to regulations, cost of compliance and savings. By correlating the quantitative and qualitative data, there is empirical evidence to support a negative relationship between the degree of risk, level and cost of compliance and cost savings. Based on the study’s findings, this paper concludes that the decision made by contractors to comply with H&S regulatory requirements is influenced by the perceived cost saving on account of compliance and that cost savings are influenced by the probability of accident occurrence which is an element of the degree of risk which the regulation is trying to prevent or control. 

scholarly journals APPLIED RISK ASSESSMENT IN THE SYSTEM OF SOCIO-ECONOMIC PROCESSES IN CYBERSPACE

2020 ◽  
Vol 4 (2) ◽  
pp. 94-105
Author(s):  
O. Shandrivska ◽  
◽  
N. Shynkarenko ◽  
Keyword(s):  
Data Protection ◽  
Cyber Security ◽  
Task Force ◽  
Risk Identification ◽  
Virtual Space ◽  
Protection System ◽  
Mitigation Measures ◽  
Risk Level ◽  
Financial Flows ◽  
Data Manipulation

In the paper investigated safety of socio-economic processes in the virtual space. Studied the main trends influence on formation of preventive and adaptive mechanisms for ensuring information and cyber security enterprises. Key trends of the modern business and social environment include: globalization, informatization and individualization of consumer needs; mediatization, territorialization and universalization of social phenomena. Presented an original ensuring security model for the virtual information sphere. In this model was invented a conceptual scheme for identifying the information security system: given the identification sequence and risks assessment in cyberspace by stages; risk identification; a description of the threats it poses; identification of vulnerable market segments; analysis and assessment of the risk occurrence probability level; analysis and assessment of the risk manifestation consequences level; score determination of the general rick level; proposal to eliminate the development environment risks of the study object; net risk identification; risks in cyberspace have been identified and assessed in terms of security and financial flows. Among the dominant risks of the external and internal security environment in the information virtual Ukrainian space the following are highlighted: insufficient system security, processes and technologies, disinformation and information asymmetry; high sensitivity of financial flows to the processes of the implementation of shock macroeconomic phenomena (including almost unsignificant currencies devaluation against the pandemic background) in terms of the safety of financial flows; technical, technological and personal vulnerability growth in the information sphere, due to the increasing cybercrime in terms of the information flow security. Among the mitigation measures and neutralization of the general risk level, was proposed the creation of a single protection system. The single data protection system should be based on: data protection progressive principles, tasks to ensure security from information influences, information infrastructure security, information rights, open access to information, publicity of open information, etc.; organizational and right mechanism of data protection. This mechanism is based on the need to streamline the responsibilities of information marked actors; state control over data manipulation; data manipulation standards development; information systems certification for their processing. Construction of database registers, as well as registration of owners and/or data administrators, third parties to whom the data was transferred for further manipulation; an independent coordination center formation for the state policy implementation in terms of monitoring compliance with data protection requirements, etc.; increasing the financial flow transparency, namely risk-oriented monitoring in digital currency exchanges and licensing of transactions in virtual currencies requires support from the Financial Action Task Force on Money Laundering and the Financial Intelligence Unit.

scholarly journals Amil Zakat Governance Risk Mitigation

2021 ◽  
Vol 6 (1) ◽  
pp. 1-12
Author(s):  
Nono Hartono ◽  
Achmad Kholiq
Keyword(s):  
Risk Mitigation ◽  
Management Training ◽  
Risk Identification ◽  
Enterprise Risk Management ◽  
Risk Level ◽  
Enterprise Risk ◽  
Risk Vulnerability ◽  
The Impact ◽  
Governance Risk

Risk in zakat management is a potential event, both predictable and unpredictable, which negatively impacts the level of trust, sharia considerations, and sustainability in the management process. The purpose of this study is to investigate and formulate mitigation efforts of amil zakat governance. The research method uses an Enterprise Risk Management with the Committee of Sponsoring Organizations approach of the Treadway Commission (COSO) modification (ERM-COSO modified) with four indicators discussed that describe the level (likelihood), influence (impact), change (vulnerability) and speed (onset speed). The results of the study indicate that the identified risk of amil governance is as much as nine of the twenty seven risks that should arise with the risk level of amil governance being in an intermediate position. This is different from several previous studies. The level of risk in zakat management is largely determined by the quality of amil. The results of the heatmap analysis resulted in a small dot heatmap size which means a low level of vulnerability to risk (vulnerability), while the dot color consists of six purple, two blue and one red which means the speed of the occurrence of high risk. The impact of this risk identification requires amil recruitment patterns and the provision of good zakat management training. The recommended risk response is to reduce the risk that will occur by (1) implementing reward and punishment for amil to be more professional in carrying out their duties, (2) involving third parties (universities) in monitoring and supervising the distribution of zakat funds.

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