scholarly journals Risk Management for Defense SoS in a Complex, Dynamic Environment

2021 ◽  
Vol 13 (4) ◽  
pp. 1789
Author(s):  
Sigal Kordova ◽  
Shimon Fridkin
Keyword(s):  
Risk Factors ◽  
Risk Management ◽  
Human Resources ◽  
Dynamic Environment ◽  
Careful Consideration ◽  
Homogeneity Analysis ◽  
Complex Dynamic ◽  
Systems Of Systems ◽  
Defense Systems ◽  
Depth Analysis

Identifying and assessing risk is one of the most important processes in managing complex systems and requires careful consideration. The need for an effective, efficient approach to risk management is considerably more important for defense industries, because they are exposed to risk in the early stages of development. This paper uses heterogeneity and homogeneity analysis between risk factors with Cochran’s Q test and multidimensional scaling in order to present the complexity of the risk factors relevant to defense systems of systems (SoSs), and it proposes a methodology for identifying, analyzing, and monitoring the risks that they face. Findings from an in-depth analysis of 46 classified defense SoSs shows a need to focus on three main risks faced by defense projects: insufficient human resources, changes in the original specifications, and lack of other (nonhuman) resources. The paper also presents some recommendations for minimizing risk factors in defense SoSs.

scholarly journals Risk Management for Defense SoS in a Complex, Dynamic Environment

2020 ◽  
Author(s):  
Sigal Kordova ◽  
Shimon Fridkin
Keyword(s):  
Risk Factors ◽  
Risk Management ◽  
Human Resources ◽  
Complex Systems ◽  
Multidimensional Scaling ◽  
Dynamic Environment ◽  
Careful Consideration ◽  
Homogeneity Analysis ◽  
Complex Dynamic ◽  
Depth Analysis

Identifying and assessing risk is one of the most important processes in managing complex systems and requires careful consideration. The need for an effective, efficient approach to risk management is considerably more important for defense industries, because they are exposed to risk already in early stages of development. This paper uses Heterogeneity and Homogeneity analysis between risk factors with Cochran’s Q test and Multidimensional scaling in order to present the complexity of the risk factors relevant to defense SoS, and proposes a methodology for identifying, analyzing and monitoring the risks that they face. Findings from an in-depth analysis of 46 classified defense SoS shows a need to focus on three main risks faced by defense projects: insufficient human resources, changes in the original specifications, and lack of other (non-human) resources. The paper also presents some recommendations for minimizing risk factors in defense SoS.

scholarly journals Risk Management for Defense Systems in a Complex, Dynamic Environment

2020 ◽  
Author(s):  
Sigal Kordova
Keyword(s):  
Risk Factors ◽  
Risk Management ◽  
Data Science ◽  
Dynamic Environment ◽  
Careful Consideration ◽  
Complex Dynamic ◽  
Systems Of Systems ◽  
Defense Systems ◽  
Depth Analysis ◽  
Constrained Conditions

Identifying and assessing risk is one of the most important processes in managing complex systems and requires careful consideration. The need for an effective, efficient approach to risk management is considerably more important for defense projects based on systems of systems (SoS), because they are exposed to risk already in early stages of development. This paper uses advanced data science tools to present the complexity of the risk factors relevant to defense systems, and proposes a methodology for identifying, analyzing and monitoring the risks that they face. Findings from an in-depth analysis of 46 classified defense projects based on SoS shows a need to focus on three main risks faced by defense projects: uncertainty, the lack of clearly defined goals, and managing a system under constrained conditions. The paper also presents some recommendations for minimizing risk factors in SoS for defense projects.

scholarly journals Performance Analysis On Knowledge Management System on Project Management

2014 ◽  
Vol 3 (02) ◽  
pp. 08-13
Author(s):  
Ms. Nora Zilam Runera
Keyword(s):  
Risk Management ◽  
Knowledge Management ◽  
Human Resources ◽  
Time Management ◽  
Dynamic Environment ◽  
Vital Role ◽  
Project Manager ◽  
Knowledge Management System ◽  
Team Members ◽  
Useful Knowledge

The project manager is a person who works as an overall in-charge and plays a vital role in fulfilling the dream of a project, and is known as the omnicompetent. A project manager for any project must have the qualities to plan and implement the knowledge management in a systematic, join together, and reuses the decision based on the project and advances the diffusion and thus sharing the invisible knowledge. Knowledge management (KM) is vital for any company to survive in a competitive market and dynamic environment. The task of transferring knowledge is not an easy job thus it requires efforts to gather and transfer the knowledge in the projects. This paper includes all the responsibilities of the project manager should hold and those are time management, risk management, managing information, managing human resources, managing scope, purchasing orders management. A project manager must find out the performances of every responsibility and finding the knowledge which is not visible and making it into useful knowledge. Discussion with team members, sharing the knowledge, and concluding with the win-win condition between an individual and the whole organization. 

Developing and implementing the risk management framework into business processes of Gazprom transgaz Tomsk Ltd., for implementation of the Eastern gas program of PJSC Gazprom

2020 ◽  
Vol 17 (1) ◽  
pp. 68-77
Author(s):  
V. E. Zaikovsky ◽  
A. V. Karev
Keyword(s):  
Risk Management ◽  
Human Resources ◽  
Management Information System ◽  
Business Processes ◽  
Project Success ◽  
Management Information ◽  
Timely Manner ◽  
Project Approach ◽  
Management Framework ◽  
Risk Management Framework

Project success depends on the ability to respond to risks and make correct decisions in a timely manner. The project approach provides a better framework for implementing a new management system into the company’s business processes. The risk management framework developed by the company comprises a risk management infrastructure, a set of standards, human resources, and a risk management information system. To improve staff compliance, it is necessary to provide training and to communicate the goals of the project effectively. It is also important to develop a motivation system because well trained and motivated staff are able to work more efficiently.

The Effects of Decision Aid Orientation on Risk Factor Identification and Audit Test Planning

2002 ◽  
Vol 21 (2) ◽  
pp. 39-56 ◽  
Author(s):  
Jean C. Bedard ◽  
Lynford E. Graham
Keyword(s):  
Risk Factors ◽  
Risk Management ◽  
Decision Aid ◽  
Decision Aids ◽  
Management Strategies ◽  
Risk Identification ◽  
Matched Pair ◽  
Audit Planning ◽  
Audit Firms ◽  
Risk Management Strategies

In auditing, risk management involves identifying client facts or issues that may affect engagement risk, and planning evidence-gathering strategies accordingly. The purpose of this paper is to examine whether auditors' identification of risk factors and planning of audit tests is affected by decision aid orientation, i.e., a “negative” focus wherein client risk and its consequences are emphasized, or a “positive” focus where such factors are not emphasized. Specifically, we expect that auditors will identify more risk factors using a negatively oriented risk identification decision aid, but only when engagement risk is relatively high. We address this issue in the context of auditors' knowledge of actual clients, manipulating decision aid orientation as negative or positive in a matched-pair design. Results show that auditors using the negative decision aid orientation identify more risk factors than do those using a positive orientation, for their higher-risk clients. We also find that decisions to apply substantive tests are more directly linked to specific risk factors identified than to direct risk assessments. Further, our results show that auditors with repeat engagement experience with the client identify more risk factors. The findings of this study imply that audit firms may improve their risk management strategies through simple changes in the design of decision aids used to support audit planning.

scholarly journals Evaluation of Physical Risk during Necropsy and Morgue Activities as Risk Management Strategy

2021 ◽  
Vol 18 (16) ◽  
pp. 8266
Author(s):  
Zoe Del Fante ◽  
Nicola Di Fazio ◽  
Adriano Papale ◽  
Paola Tomao ◽  
Fabio Del Duca ◽  
...  
Keyword(s):  
Risk Factors ◽  
Risk Management ◽  
Management Strategies ◽  
Risk Management Strategy ◽  
Work Related ◽  
Activity Measurements ◽  
Risk Management Strategies ◽  
Physical Risk ◽  
Critical Issues ◽  
Load Handling

Physical risk assessments allow us to understand work-related critical issues, thus representing a useful tool in risk management strategies. In particular, our study focuses on the identification of already known and emerging physical risks related to necropsy and morgue activities, as well as crime scene investigations. The aim of our study is, therefore, to identify objective elements in order to quantify exposure to such risk factors among healthcare professionals and working personnel. For the research of potentially at-risk activities, data from the Morgue of Policlinico Umberto I Hospital in Rome were used. The scientific literature has been reviewed in order to assess the risks associated with morgue activity. Measurements were performed on previously scheduled days, in collaboration with the activities of different research units. The identified areas of risk were: microclimate; exposure to noise and vibrations; postural and biomechanical aspects of necropsy activities. The obtained results make it possible to detect interindividual variability in exposure to many of the aforementioned risk factors. In particular, the assessment of microclimate did not show significant results. On the contrary, exposure to vibrations and biomechanical aspects of load handling have shown potential risk profiles. For this reason, both profiles have been identified as possible action targets for risk management strategies.

scholarly journals Sleep quality and COVID-19 outcomes: the evidence-based lessons in the framework of predictive, preventive and personalised (3P) medicine

2021 ◽  
Author(s):  
Kneginja Richter ◽  
Stefanie Kellner ◽  
Thomas Hillemacher ◽  
Olga Golubnitschaja
Keyword(s):  
Risk Factors ◽  
Sleep Quality ◽  
Sleep Disturbances ◽  
Acute Infection ◽  
Evidence Based ◽  
Physical And Mental Health ◽  
Mild Disease ◽  
Depth Analysis ◽  
Medical Approach ◽  
Poor Outcomes

AbstractSleep quality and duration play a pivotal role in maintaining physical and mental health. In turn, sleep shortage, deprivation and disorders are per evidence the risk factors and facilitators of a broad spectrum of disorders, amongst others including depression, stroke, chronic inflammation, cancers, immune defence insufficiency and individual predisposition to infection diseases with poor outcomes, for example, related to the COVID-19 pandemic. Keeping in mind that COVID-19-related global infection distribution is neither the first nor the last pandemic severely affecting societies around the globe to the costs of human lives accompanied with enormous economic burden, lessons by predictive, preventive and personalised (3P) medical approach are essential to learn and to follow being better prepared to defend against global pandemics. To this end, under extreme conditions such as the current COVID-19 pandemic, the reciprocal interrelationship between the sleep quality and individual outcomes becomes evident, namely, at the levels of disease predisposition, severe versus mild disease progression, development of disease complications, poor outcomes and related mortality for both - population and healthcare givers. The latter is the prominent example clearly demonstrating the causality of severe outcomes, when the long-lasting work overload and shift work rhythm evidently lead to the sleep shortage and/or deprivation that in turn causes immune response insufficiency and strong predisposition to the acute infection with complications. This article highlights and provides an in-depth analysis of the concerted risk factors related to the sleep disturbances under the COVID-19 pandemic followed by the evidence-based recommendations in the framework of predictive, preventive and personalised medical approach.

Research on risk management of medical and health care integration projects based on fuzzy WINGS-G1

Kybernetes ◽  
2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Yu Zhang ◽  
Lan Xu
Keyword(s):  
Risk Factors ◽  
Health Care ◽  
Risk Management ◽  
Fuzzy Theory ◽  
Dynamic Nature ◽  
Content Type ◽  
Care Integration ◽  
Rational Allocation ◽  
Control And Prevention ◽  
Risk Potential

PurposeThis study establishes a risk management system for medical and health care integration projects to address the problem of high-risk potential and a strong correlation between risk factors.Design/methodology/approachA new fuzzy WINGS-G1 model for identifying key risk factors in medical and health care integration projects is proposed by introducing the fuzzy theory and the concept of risk incidence into the Weighted Influence Non-linear Gauge System (WINGS) method.FindingsThe authors analyze the fluidity of project risk factors through complex networks to control direct risks and cut off risk transmission paths to provide a reference for risk control and prevention of medical and health care integration projects.Originality/value(1) The integration of fuzzy theory into the WINGS method solves the problem of strong subjectivity of expert scoring in the traditional WINGS method; (2) By the different probabilities of risk factors, the concept of risk incidence is introduced in the WINGS model, which is more conducive to the identification of the critical risk factors and the rational allocation and utilization of organizational resources; (3) The use of the complex network for risk interactivity analysis fully reflects the dynamic nature of risk factors in medical and health care integration projects.

Credit Risk Management for College Students: An Analysis of Influencing Factors Based on 5C Approach

2021 ◽  
Vol 12 (1) ◽  
pp. 105-105
Author(s):  
Xiang Zou ◽  
Jinting Zhao ◽  
Yun Tong
Keyword(s):  
College Students ◽  
Risk Management ◽  
Credit Risk ◽  
Evaluation System ◽  
Least Squares Method ◽  
Credit Risk Management ◽  
Credit Evaluation ◽  
Personal Credit ◽  
Depth Analysis ◽  
Credit Evaluation System

This paper focuses on the construction of college students' credit evaluation system and credit risk management under the background of big data. Firstly, based on the 5C approach, this paper evaluates the personal credit of college students from 5 dimensions and 24 indicators, which finally contribute to the establishment of the credit evaluation system for college students. Then, the partial least squares method is used to build the structural equation model to evaluate the effectiveness of the credit evaluation system for college students. According to the in-depth analysis of PSL-SEM, the factors that affect the credit risk of college students are effectively evaluated, and it has contributed to the establishment and improvement of the credit system of college students. Keywords: Personal Credit, Credit Evaluation, Credit Risk, 5C Approach, PLS-SEM.

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