scholarly journals An Insight into the Process, Tools and Techniques for Construction Risk Management

2018 ◽  
Author(s):  
Onengiyeofori O. Odimabo ◽  
Chike F. Oduoza ◽  
Subashini Suresh
Keyword(s):  
Risk Management ◽  
Construction Risk ◽  
Tools And Techniques ◽  
Insight Into

Comparative Review on the Tools and Techniques for Assessment and Selection of the Project Risk Response Actions (RRA)

2012 ◽  
Vol 3 (3) ◽  
pp. 60-78 ◽  
Author(s):  
Mohammad Ali Hatefi ◽  
Seyed Mohammad Seyedhoseini
Keyword(s):  
Risk Management ◽  
Risk Identification ◽  
Project Risk Management ◽  
Project Risk ◽  
Risk Response ◽  
Comparative Review ◽  
Tools And Techniques ◽  
Identification Analysis ◽  
Insight Into ◽  
Selection Of

Project risk management is the process of risk identification, analysis, and response. Risk response includes assessment and selection of the efficient Risk Response Actions (RRA) in order to reduce/enhance the likelihood of the occurrence of threats/opportunities and/or the magnitude of threats/opportunities impact. There is wide agreement that development of RRA plans is an important phase of project risk management, while there are few widely accepted processes, models or tools to support the proper selection of RRAs. The present paper reviews and compares the efforts, which have been made to assess and select RRAs and address the mentioned deficiency found in the published literature. The investigations provide an insight into the need to provide the risk analysts with effective tools and techniques for assessing and selecting RRAs in the area of project risk management.

Organizational Internal Factors and Construction Risk Management among Nigerian Construction Companies

2017 ◽  
Vol 19 (4) ◽  
pp. 921-938 ◽  
Author(s):  
A. Q. Adeleke ◽  
A. Y. Bahaudin ◽  
A. M. Kamaruddeen
Keyword(s):  
Risk Management ◽  
Structural Equation ◽  
Positive Relationship ◽  
Moderator Variable ◽  
Significant Interaction Effect ◽  
Internal Factors ◽  
Significant Positive Relationship ◽  
Construction Companies ◽  
State Construction ◽  
Construction Risk

Significant number of empirical research works have reported contravening results regarding the effects of organizational internal factors on construction risk management. This prompted the introduction of a moderator variable. This research tested the moderating role of rules and regulations on the relationships between organizational internal factors and construction risk management. Drawing on discouragement and organizational control theory, this research studied the effects of organizational internal factors and rules and regulations on construction risk management among 238 employees operating in Abuja and Lagos State construction companies in Nigeria. Self-administered questionnaires were used to gather the data. Using the partial least squares structural equation modelling (PLS-SEM) for analysis, a significant positive relationship between organizational internal factors and construction risk management was acknowledged. This study also discovered a significant positive relationship between rules and regulations and construction risk management. As expected, rules and regulations was discovered to moderate the relationship between organizational internal factors and construction risk management, with a significant positive result. A significant interaction effect was also discovered between rules and regulations and organizational internal factors. The significance of this study on Nigerian construction industry was also highlighted.

A Study On Risks Involved In Using Different Business Process Tools And Techniques To Manage Them

2021 ◽  
Vol 23 (09) ◽  
pp. 221-240
Author(s):  
Amanina Fakhriah Abd Rahman ◽  
◽  
Nursyaza Elmaliyana Nabilah Ali Rahman ◽  
Siti Aisyah Abdullah Rosneddin ◽  
Siti Nur Aqilah Hamzah ◽  
...  
Keyword(s):  
Risk Management ◽  
Business Process ◽  
Business Processes ◽  
Control Measures ◽  
Risk Assessments ◽  
Tools And Techniques ◽  
Plan Management

This paper shows the outcome of the research conducted on risks while using business process tools and techniques applied to manage them. The study aims at getting answers for basic questions about risk management, such as what kind of risks the the businesses are encountering, and how to identify the risks and assess them. Risk assessments are very important as they form an integral part of plan management. Therefore, in this study, the aim is to evaluate the risks in different business processes along with the tools and techniques to manage or minimize the level of risks by adding more control measures as necessary.

Žemės stebėjimas iš kosmoso

2021 ◽  
Author(s):  
Justinas Kilpys ◽  
Laurynas Jukna ◽  
Edvinas Stonevičius ◽  
Rasa Šimanauskienė ◽  
Linas Bevainis
Keyword(s):  
Remote Sensing ◽  
Risk Management ◽  
Environmental Monitoring ◽  
Satellite Remote Sensing ◽  
Disaster Risk ◽  
Satellite Observations ◽  
Sensor Data ◽  
Earth Observations ◽  
The Earth ◽  
Insight Into

Title in English: Earth Observations from Space. There are more than 150 environmental satellites orbiting the Earth, and they are constantly monitoring its surface and the processes happening on it. This textbook offers an introduction to the physical concepts of satellite observations, describes how sensor data is transformed into information about the Earth’s surface and how it can be applied. The scientific background of satellite remote sensing is illustrated using examples from applications in agriculture, forestry, environmental monitoring, disaster risk management, and many other areas. Book provides insight into how satellite remote sensing is used to explore and monitor natural and anthropocentric processes on the Earth and serves as introduction to the practical remote sensing.

Superiority of Basel II over Basel I

2014 ◽  
pp. 158-210
Keyword(s):  
Risk Management ◽  
Basel Ii ◽  
Prudential Supervision ◽  
Communicative Practices ◽  
Empirical Risk ◽  
Global Banking ◽  
Before And After ◽  
Supervision Practices ◽  
Risk Managers ◽  
Insight Into

This chapter explores the presumed superiority of Basel II over Basel I, and assess the effectiveness of Basel II in empirical risk management and prudential supervision practices, as reflected in a series of 15 interviews undertaken with bank risk managers, senior analysts, and supervisors from regulatory authorities in Australia shortly before and after the 2008 global banking crisis. This chapter and the next represent an important contribution, as these experts and professional are charged with the implementation of the Basel framework, and so are well qualified to identify both its strengths and its weaknesses. In addition to providing an insider’s insight into the operation of the Basel II system, the interviews also permit an investigation of the degree of congruency in the approach and views of bank practitioners in one hand, and regulators on the other. The tendencies discovered may be at play also distorting communicative practices in risk management and supervision under the Basel III framework.

CCPs: A Challenge for Practical Oversight

2016 ◽  
pp. 250-271
Author(s):  
Anna Pliquett
Keyword(s):  
Risk Management ◽  
Historical Development ◽  
Liquidity Risk ◽  
Risk Profile ◽  
Counterparty Risk ◽  
Regulatory Oversight ◽  
Legal Risk ◽  
Full Picture ◽  
Main Factors ◽  
Insight Into

As a first step a short summary of the historical development of CCPs is provided, followed by an outline of the concept and core functions CCPs. Then an illustration of the main risk management safeguards of CCPs is provided. This includes an excursus regarding the hier-archical structure of clearing and regarding procyclical considerations with respect to CCPs. The outline of CCP counterparty risk management is complemented by a brief overview of other risks, including liquidity risk, legal risk, and operational risk. The consideration of the risk profile of CCPs is concluded with some insight into the main factors determining the oversight of CCPs' governance. The full picture of CCPs from an oversight perspective is given by placing the CCPs in the clearing process and the outlining the resulting challenges for regulatory oversight. The chapter concludes with a description of the manifold layers of today's oversight of CCPs.

The risk management process, tools, and techniques

2020 ◽  
pp. 27-60
Author(s):  
Julia Rutherford Silvers ◽  
William O’Toole
Keyword(s):  
Risk Management ◽  
Management Process ◽  
Risk Management Process ◽  
Tools And Techniques
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