scholarly journals ОСОБЕННОСТИ УПРАВЛЕНИЯ ИНВЕСТИЦИОННЫМИ РИСКАМИ В СТРОИТЕЛЬСТВЕ НКР

2019 ◽  
pp. 15-21
Author(s):  
Анжела Алешаевна Барсегян
Keyword(s):  
Risk Management ◽  
Public Relations ◽  
Structural Changes ◽  
Geographical Location ◽  
Cost Effective ◽  
Risk Level ◽  
Construction Sector ◽  
Natural Risk ◽  
Risk Management Process

Recent structural changes in the economy of the Nagorno-Karabakh Republic have had a significant impact on the entire public relations system, obliging to review the mechanisms for making economic decisions as primary ones. The formation of NKR coincided with the collapse of the USSR and with the radical changes in the system of economic relations that led to this. Since its formation, local authorities have adopted a strategy for the development of the construction sector by stimulating investment, which intends the creation of a favorable investment environment and the development of an appropriate infrastructure. Despite the fact that NKR construction sector has great potential for attracting investments, the level of foreign investors’ activity in this area is quite low. The main reason is probably a high risk level, which is determined by such factors as political instability in the region, the geographical location of NKR, its economic isolation, an incomplete legal framework, and the underdevelopment of financial and market infrastructures. As a result, many investment projects, including cost-effective and efficient ones, are not implemented.Uncertainty associated with the possibility of adverse situations and consequences during the implementation of the project is characterized by the concept of “risk”. The effectiveness of the risk management organization is largely determined by the classification of risk. Depending on the main cause of the risk (basic or natural risk), the classification of risks associated with the implementation of investment construction projects provides a favorable basis for a clear and reasonable risk assessment, which is one of the crucial factors in the effectiveness of the risk management process.

Risk Management via Digital Dashboards in Statistics Data Centers

2020 ◽  
Vol 13 (1) ◽  
pp. 27-45
Author(s):  
Atif Amin ◽  
Raul Valverde ◽  
Malleswara Talla
Keyword(s):  
Risk Management ◽  
Real Time ◽  
Data Center ◽  
Cost Effective ◽  
Risk Level ◽  
Total Risk ◽  
Counter Measures ◽  
Effective Manner ◽  
Risk Managers

Every system, when connected to a network, is susceptible to threat of being hacked. It is important to protect all systems of an organization in real-time in a cost-effective manner. This article presents a well-designed and integrated database for risk management data using a dashboard interface in real-time risk that makes it easy for risk managers to reach a understanding the level of threats to be able to apply right controls to mitigate them. In this article, a case study of a data center for a statistical management institute is presented that proposes the calculation of total risk at the organization level by using the proposed risk database. A digital dashboard is also designed for presenting the risk level results so that decision makers can apply counter measures. The risk level on a dashboard viewer makes it easy for decision maker to understand the overall risk level at the statistics data center and assists in the creation of a tool to follow-up risk management since the time a threat hits until the time of its mitigation.

scholarly journals THE MAIN STAGES OF THE RISK MANAGEMENT PROCESS TAKING INTO ACCOUNT TECHNOLOGICAL FEATURES OF PRODUCTION

2017 ◽  
pp. 269-275
Author(s):  
E. TYMUL
Keyword(s):  
Risk Management ◽  
Energy Production ◽  
Energy Sector ◽  
Management Process ◽  
Production And Consumption ◽  
Integrated Risk ◽  
Risk Management Process ◽  
Energy Companies ◽  
Financial Losses

The article considers the integrated risk classification of the energy companies with regard to their technological specificities. Risks were divided into four main groups risk. According to the author, considerable weight in the energy sector will be the production and technological risks, due to the technical peculiarities of the process of energy production, namely the need to ensure reliability and continuity, the coincidence of processes of production and consumption of energy. These features lead to the fact that minor failures will result in significant financial losses. The author developed the algorithm of risk management of energy companies. In the article the analysis of existing scales of risks.

scholarly journals The risk assessment model for construction projects including value creation and protection aspects

2019 ◽  
Author(s):  
Jolanta Tamošaitienė ◽  
Miglė Lapeikytė
Keyword(s):  
Risk Assessment ◽  
Construction Industry ◽  
Value Creation ◽  
Construction Projects ◽  
Assessment Model ◽  
Risk Level ◽  
Risk Assessment Model ◽  
Construction Sector

The article focuses on the identification and classification of key risk management criteria that represent the value creation and protection aspects for the construction industry. Nowadays, the assessment of the risk level of a construction project is especially important for the quality of construction projects as well as the growth of enterprises and the sector. To establish the most important criteria for the successful growth of the construction sector including value creation and protection aspects are developed.

scholarly journals Risk Minimization as a Tool to Ensure the Banks Security

2020 ◽  
Vol 22 (1) ◽  
pp. 90-94
Author(s):  
Olena Sukach ◽  
Keyword(s):  
Risk Management ◽  
Credit Risk ◽  
Structural Changes ◽  
Banking Sector ◽  
Negative Impact ◽  
Banking System ◽  
Financial Security ◽  
Risk Minimization ◽  
Management Tools

Introduction. The banking system of Ukraine, in the conditions of the current crisis, turned out to be untenable to quickly adapt to structural changes in the economy, which manifested itself in the absence of an effective system for managing banking risks. Further instability in the financial market will increase the negative impact on the level of financial security of the banking sector. Today there is a need for the formation of preventive measures for risk management, prevention of their occurrence and minimization, which will contribute to the safe position of the bank. Purpose. The main purpose of the study is to identify modern methods and approaches regarding the classification of banking risks and substantiation of proposals for their minimization, as well as ensuring the financial security of the banking sector in Ukraine. The main research methods are methods of quantitative, qualitative analysis and statistical analysis, as well as methods of expert assessments. Results. Summarizing the results of research by scientists, it was stated that banking risk is the likelihood of losses in the form of loss of assets, shortfall in planned income, or the appearance of additional costs as a result of the bank’s financial transactions. The main results of the banking system of Ukraine in 2019 and the dynamics for 7 months of 2020 are determined. Despite the positive trends of 2019, there is a risk of new problem loans due to non-conservative policy of banks in the growing segment of consumer lending. Modern practice shows that any credit product of a bank leads to the formation of a certain credit risk, and until the client returns the received resources, the bank is forced to form reserves for possible losses from non-repayment of funds. Conclusions. Сonclusions are drawn regarding the credit risk management tools. Based on the results of the study, the author’s approach to the classification of risks and reasonable approaches to their management are presented. In particular, it has been proved that during the formation of risk management tools, namely credit risk, and ensuring the bank’s security, it is necessary to take into account that risk assessment indicators should consider not only the ratio between assets and liabilities, but also their maturity dates.

scholarly journals Risks accounting when building a management system for innovative and investment processes in construction

2020 ◽  
Vol 217 ◽  
pp. 11010
Author(s):  
Larisa Selyutina ◽  
Elena Pesotskaya ◽  
Evgeny Rybnov ◽  
Sergey Sitdikov
Keyword(s):  
Risk Management ◽  
Management System ◽  
Process Management ◽  
Complex Type ◽  
Construction Company ◽  
Construction Companies ◽  
Risk Management Process ◽  
Methodological Approaches ◽  
Investment Process

The article focuses on pressing issues of risk and uncertainty consideration in the innovation-driven development and investment support of construction companies. It gives special attention to the most essential characteristics of the risk management process as a complex type of construction companies’ activity. The authors suggest their classification of risks specific to innovation and investment processes of construction companies based on the analysis of risk situations in the innovation and investment field. Pressing methodical problems of risk management are investigated. Emphasis is made on methodological approaches to risk accounting and reduction at construction companies. The authors make a number of scientific general conclusions and suggest a methodology for evaluating the effectiveness of the innovation and investment process management system through changing the value of a construction company considering the risks and their probabilities pertaining to the processes.

scholarly journals Recent studies on risks in land use

2013 ◽  
pp. 140-148
Author(s):  
Ivan Kovalchuk
Keyword(s):  
Risk Factors ◽  
Land Use ◽  
Risk Management ◽  
Key Words ◽  
Risk Prediction ◽  
Risk Level ◽  
Land Resources ◽  
Economic Use

The paper explores the kinds of restrictions on use of land resources, describes factors which affect on land use safety, the classification of risks that accompany economic use of land resources. Risks of land use were set in 8 blocks, each of them divided on 5 to 16 types of risks. Determination of the risk level of land use should be implemented as a series of steps - inventory of land, analytical and evaluative studies of risk prediction and visualization of the results and implementation of proposals aimed at reducing the risks of land use. Key words: land resources, land use risks, risk factors, risk management in land use.

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.

The prospects of occupational risk management during reforms of regulatory legislation basis

2019 ◽  
pp. 39-44 ◽  
Author(s):  
Vadim B. Alekseev ◽  
Nina V. Zaitseva ◽  
Pavel Z. Shur
Keyword(s):  
Risk Assessment ◽  
Risk Management ◽  
Social Insurance ◽  
Well Being ◽  
Occupational Risk ◽  
Risk Level ◽  
Federal Law ◽  
Work Safety ◽  
Risk Levels ◽  
Legal Principles

Despite wide legislation basis of regulating relations in work safety and workers’ health, one third of workplaces demonstrate exceeded allowable normal levels of workers’ exposure to occupational hazards and present occupational risk for health disorders.In accordance to national legislation acts, evaluation should cover factors of occupational environment and working process, and occupational risk is understood in context of mandatory social insurance. This approach has been formed due to mostly compensatory trend in legal principles of work safety in Russia by now. Implementation of new preventive concept of work safety, based on idea of risk management for workers, necessitates development of legal acts that regulate requirements to evaluation of occupational risk and its reports with consideration of changes in Federal Law on 30 March 1999 №52 FZ “On sanitary epidemiologic well-being of population”.Those acts can include Sanitary Rules and Regulations “Evaluation of occupational risk for workers’ health”, that will contain main principles of risk assessment, requirements to risk assessment, including its characteristics which can serve as a basis of categorizing the risk levels with acceptability.To standardize requirements for informing a worker on the occupational risk, the expediency is specification of sanitary rules “Notifying a worker on occupational risk”. These rules should contain requirements: to a source of data on occupational risk level at workplace, to informational content and to ways of notifying the worker. Specification and implementation of the stated documents enable to fulfil legal requirements completely on work safety — that will provide preservation and increase of efficiency in using work resources.

Plant communities on rock outcrops in the northwest part of the Black Sea Caucasian coast

2009 ◽  
pp. 3-14
Author(s):  
V. B. Golub ◽  
N. A. Grechushkina ◽  
A. N. Sorokin ◽  
L. F. Nikolaychuk
Keyword(s):  
Plant Communities ◽  
Black Sea ◽  
Soil Cover ◽  
Geographical Location ◽  
The Black Sea ◽  
Rock Outcrops ◽  
Exact Test ◽  
Main Factors ◽  
Phi Coefficient

The classification of petrophytic vegetation of coastal steeps was proposed for the Northwest Cauca­sian coast of the Black Sea using the Braun-Blanquet approach. The main factors that influence the deve­lopment of vegetation in question are abrasion and denudation sea coast processes. The coastal steeps in study area are formed by carbonate flysch. The plant communities occur on rocky slopes with poorly deve­loped soil cover, fine stone chips as well as rock crevices. Nine associations and four communities without syntaxonomic rank were documented in the table and described with respect to their phyto­socio­logical affinities, ecology, and geographical location. Diagnostic species of syntaxa were established using phi-coefficient calculations of fidelity and Fisher’s exact test. In addition, the results of relevé ordination were given using the algorithm of non-metric multi­dimensional scaling (NMS) that is embedded in PC-ORD 5.0 software package.

Sign in / Sign up

Export Citation Format

Share Document