Risk-management practice – system development lifecycle

Author(s):  
Tara Kissoon
Author(s):  
Ivo Häring ◽  
Mirjam Fehling-Kaschek ◽  
Natalie Miller ◽  
Katja Faist ◽  
Sebastian Ganter ◽  
...  

AbstractOrganizational and technical approaches have proven successful in increasing the performance and preventing risks at socio-technical systems at all scales. Nevertheless, damaging events are often unavoidable due to a wide and dynamic threat landscape and enabled by the increasing complexity of modern systems. For overall performance and risk control at the system level, resilience can be a versatile option, in particular for reducing resources needed for system development, maintenance, reuse, or disposal. This paper presents a framework for a resilience assessment and management process that builds on existing risk management practice before, during, and after potential and real events. It leverages tabular and matrix correlation methods similar as standardized in the field of risk analysis to fulfill the step-wise resilience assessment and management for critical functions of complex systems. We present data needs for the method implementation and output generation, in particular regarding the assessment of threats and the effects of counter measures. Also included is a discussion of how the results contribute to the advancement of functional risk control and resilience enhancement at system level as well as related practical implications for its efficient implementation. The approach is applied in the domains telecommunication, gas networks, and indoor localization systems. Results and implications are further discussed.


Author(s):  
Victorio R. Tolentino ◽  
Louise Derevlany ◽  
Cassandra DeLaMothe ◽  
Suzanne Vick ◽  
Luba Chalyavski

Author(s):  
Abu Hanifa Md. Noman ◽  
Md. Amzad Hossain ◽  
Sajeda Pervin

Objective - The study aims to investigate credit risk management practices and credit risk management strategies of the local private commercial banks in Bangladesh. Methodology -The investigation is conducted based on primary data collected from a set of both closed end and open end questionnaire from 23 out of 39 local private commercial banks in Bangladesh. Descriptive statistics has been used in processing the data and interpreting the results. Findings - The results reveal that credit risk management practice of the sample banks is sound which is attributed to the appropriate implementation of Basel II and credit risk management guidelines the country's central bank. The findings further show that use of Credit risk grading is most popular and effective criteria for measuring the borrowing capacity of the borrowers. In order to control credit risk and preventing losses from credit exposure banks give more focus on collateralization, accurate loan pricing and third party guarantee. Loan is monitored properly and credit reminder is given to the client if principal and interest remain outstanding for three months. The study further reveals that lack of experienced and trained credit officers, lack of genuine market information and Lack of awareness regarding non-genuine borrower are the most important problems of current credit risk management practices in Bangladesh. Novelty - To the best of the knowledge of the authors the study is the first that investigates credit risk management strategies of private commercial banks, especially on Bangladesh. Type of Paper - Empirical Keyword : Bangladesh; Commercial Bank; Credit risk; Credit risk management; Credit risk management strategies.


2020 ◽  
Vol 10 (2) ◽  
pp. 76-81
Author(s):  
Imanuel Revelino Murmanto ◽  
Dina Fitria Murad

The purpose of this study was to design an application to provide information to parents of SDK III BPK Penabur students regarding the exam schedule, and student grades via SMS. The design method used is the System Development Lifecycle method. The application design is done using the Visual Basic 6.0 programming language for designing application programs and interfaces and MySQL for designing the database. This application consists of several modules, namely the module processing data, processing values, processing SMS, and reports. The module is integrated to form a Computerized Value application and Value Access via SMS. In testing the application of Computerized Values ​​and Value Accessing Through SMS, white box testing and Black Box Testing methods are used. Tests are carried out at the module, program and system level. In addition, user testing is also done. The advantages of the application of Computerized Values ​​and Value of Access Through SMS help parents to obtain information about student learning outcomes, helping teachers to process student grades


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