scholarly journals Implementation guidelines for executive order 13717: establishing a federal earthquake risk management standard

2017 ◽  
Author(s):  
John R Hayes Jr. ◽  
Steven L McCabe ◽  
Michael Mahoney
Keyword(s):  
Risk Management ◽  
Earthquake Risk ◽  
Executive Order ◽  
Management Standard ◽  
Implementation Guidelines

scholarly journals Case Studies in the Application of an Effective Anticollision Risk Management Standard

2010 ◽  
Author(s):  
Benny Poedjono ◽  
Carlos Manuel Avila ◽  
Phan Van Chinh ◽  
Erhan Isevcan ◽  
John Richard Walker ◽  
...  
Keyword(s):  
Risk Management ◽  
Case Studies ◽  
Management Standard

scholarly journals The impact of a and b value uncertainty on loss estimation in the reinsurance industry

2000 ◽  
Vol 43 (1) ◽  
Author(s):  
D. Liechti ◽  
E. Ruettener ◽  
S. Eugster ◽  
R. Streit
Keyword(s):  
Risk Management ◽  
Risk Analysis ◽  
Loss Estimation ◽  
Earthquake Risk ◽  
Seismic Risk Analysis ◽  
Earthquake Catalogues ◽  
Local Soil ◽  
Average Annual Loss ◽  
The Impact ◽  
Loss Level

In the reinsurance industry different probabilistic models are currently used for seismic risk analysis. A credible loss estimation of the insured values depends on seismic hazard analysis and on the vulnerability functions of the given structures. Besides attenuation and local soil amplification, the earthquake occurrence model (often represented by the Gutenberg and Richter relation) is a key element in the analysis. However, earthquake catalogues are usually incomplete, the time of observation is too short and the data themselves contain errors. Therefore, a and b values can only be estimated with uncertainties. The knowledge of their variation provides a valuable input for earthquake risk analysis, because they allow the probability distribution of expected losses (expressed by Average Annual Loss (AAL)) to be modelled. The variations of a and b have a direct effect on the estimated exceeding probability and consequently on the calculated loss level. This effect is best illustrated by exceeding probability versus loss level and AAL versus magnitude graphs. The sensitivity of average annual losses due to different a to b ratios and magnitudes is obvious. The estimation of the variation of a and b and the quantification of the sensitivity of calculated losses are fundamental for optimal earthquake risk management. Ignoring these uncertainties means that risk management decisions neglect possible variations of the earthquake loss estimations.

The Risk Management Profession in Australia

2018 ◽  
pp. 112-129
Author(s):  
Adela J. McMurray ◽  
Jean Cross ◽  
Carlo Caponecchia
Keyword(s):  
Risk Management ◽  
Organizational Culture ◽  
Human Resource ◽  
Business Continuity ◽  
Human Resource Practices ◽  
Attitudes And Beliefs ◽  
Anova Analysis ◽  
Organizational Boundaries ◽  
Management Standard ◽  
International Risk Management

This study aimed to identify to what extent Australian organizations have any plans to manage business continuity threats, and the nature and content of these plans. Sixty-four respondents who were risk management professionals were surveyed to explore the Business Continuity Practices within their organizations. The ANOVA analysis showed 39 per cent of the organizations had developed an enterprise-wide plan of which just over half stated that the plan was tested. However, 36 per cent of respondents had no plan, an “informal plan,” were developing a plan, or did not know whether they had a plan. Standardized guidelines for a process to manage risks have been developed across many spheres and countries and are brought together in the international risk management standard ISO31000 (ISO, 2009), which presents a process applicable to all organizations and all risks. Human resource practices that promote consistent communication and an organizational culture that allows business continuity plan values, attitudes and beliefs to become embedded and to move across traditional organizational boundaries are therefore important for gaining the cooperation needed to implement plans in an organization's operational areas pertaining to business continuity.

Evidence-Based Decision Making to Underpin the Thresholds in New Zealand's Craft Risk Management Standard: Biofouling on Vessels Arriving to New Zealand

2017 ◽  
Vol 51 (2) ◽  
pp. 76-88 ◽  
Author(s):  
Eugene Georgiades ◽  
Daniel Kluza
Keyword(s):  
Risk Management ◽  
New Zealand ◽  
Best Management Practices ◽  
Management Practices ◽  
Marine Species ◽  
Evidence Based ◽  
Management Standard ◽  
Antifouling Coatings ◽  
Slime Layer ◽  
Taxonomic Groups

AbstractVessel biofouling is a significant pathway for the introduction of nonindigenous marine species (NIMS). New Zealand is the first nation to regulate the vessel biofouling pathway, with controls scheduled to come into force in May 2018. The Craft Risk Management Standard (CRMS): Biofouling on Vessels Arriving to New Zealand specifies the hull fouling thresholds that vessels must meet; and here, we present the evidence-based decisions that underpin these thresholds.Under the CRMS, a vessel must arrive in New Zealand with a “clean hull,” the thresholds for which are governed by the intended duration of a vessel's stay in New Zealand. For example, long-stay (≥21 days) vessels must meet a more stringent standard of hull cleanliness due to the increased likelihood of release and establishment of NIMS. While setting a clean hull threshold at “slime layer only” can be tractable when vessels operate within the specifications of antifouling coatings, incidental amounts of macrofouling can establish even under the best management practices. Because of such instances, the thresholds within the CRMS were designed to allow for the presence of some macrofouling species, albeit with restrictions to minimize biosecurity risk. These thresholds are intended to limit species richness and to prevent successful reproduction and settlement of the allowed taxonomic groups while considering the practicality and feasibility of implementation.The difficulties of managing biofouling on different areas of the hull are acknowledged within these thresholds. For example, a greater tolerance of macrofouling has been allowed for niche areas due to the difficulties in preventing biofouling on these areas.

Earthquake risk management for oil and gas infrastructure in the north west of Australia

2020 ◽  
Vol 60 (2) ◽  
pp. 588
Author(s):  
Meysam Banimahd ◽  
Steve Tyler ◽  
Matthew Kuo ◽  
Fiona Chow
Keyword(s):  
Risk Management ◽  
Emergency Response ◽  
Failure Modes ◽  
Oil And Gas ◽  
Significant Risk ◽  
Earthquake Risk ◽  
North West ◽  
The North ◽  
Management Procedures ◽  
Integrity Management

The July 2019 magnitude 6.6 earthquake 200 km offshore from Broome is a recent reminder of the significant risk that earthquakes pose to oil and gas infrastructure in Australia. Unlike tropical cyclones, there are no reliable methods for predicting the timing, location and magnitude of imminent earthquakes. Appropriate risk management is therefore required, together with the implementation of emergency response and integrity management procedures, to manage the potential impacts to health, safety, process safety, the environment and production. Given the concentration of oil and gas infrastructure in the north west of Australia, a collaborative approach is advantageous for earthquake risk management and emergency response measures. This paper shares Woodside’s earthquake risk and integrity management procedures with the aim of enabling appropriate quality and consistency throughout the industry. The paper reviews state-of-the-art international practice in earthquake risk management for critical infrastructure from design to operation. Applicable seismic design criteria, likely failure modes and performance requirements are also described. Woodside’s real-time earthquake alert and integrity management systems are presented. Recommendations are made on best practice for earthquake risk management in the region and areas for further collaboration and improvement within the industry.

Anti-Collision Risk Management Standard for Well Placement

2009 ◽  
Author(s):  
Benny Poedjono ◽  
Wayne Jude Phillips ◽  
Guy Joseph Lombardo
Keyword(s):  
Risk Management ◽  
Collision Risk ◽  
Well Placement ◽  
Management Standard

scholarly journals Risk management of logistic department of electricity company

INOVASI ◽  
2018 ◽  
Vol 14 (2) ◽  
pp. 98
Author(s):  
Erdiyan Krisnadi Hasda ◽  
Erman Sumirat
Keyword(s):  
Risk Management ◽  
Business Processes ◽  
Management Process ◽  
Electricity Transmission ◽  
Management Standard ◽  
Risk Management Process ◽  
Iso 31000 ◽  
Work Accident ◽  
Hierarchy Process ◽  
Standard Framework

This study is conducted to carry out the risk management process in the logistics department of the electricity company unit, which has the main duties in managing electricity transmission assets, controlling investment and logistics transmission, and maintaining transmission assets. The risk management process in this study was prepared as a step in shaping the risk profile of business processes in the logistics field to avoid the failure of business processes that resulted in unavailbility of logistics material, which could impact the electricity transmission. This study uses the AS/NZS ISO 31000:2009 Risk Management Standard framework. Calculation of risk priorities is using Analytical Hierarchy Process, based on a questionnaire to experts in the field of company logistics. From the calculation using AHP, Work Accident (HR2) has been identified as the most vulnerable risk among others risk factors.

scholarly journals Earthquake predictions and scientific forecast: dangers and opportunities for a technical and anthropological perspective

2019 ◽  
Vol 23 (4) ◽  
pp. 309-315 ◽  
Author(s):  
Edgar Tapia-Hernández ◽  
Elizabeth A. Reddy ◽  
Laura Josabeth Oros-Aviles
Keyword(s):  
Risk Management ◽  
Earthquake Prediction ◽  
Disaster Risk Reduction ◽  
Disaster Risk ◽  
Economic Effects ◽  
Earthquake Risk ◽  
Anthropological Perspective ◽  
Technical Data ◽  
Earthquake Predictions ◽  
Informal Settings

Supporting earthquake risk management with clear seismic communication may necessitate encounters with various popular misapprehensions regarding earthquake prediction. Drawing on technical data as well as insights from anthropology and economics, this paper addresses common and scientifically-unsupported ideas about earthquake prediction, as well as the state of science-based studies regarding statistical forecasting and physical precursors. The authors reflect on documented social and economic effects of unsubstantiated earthquake predictions, and argue that these may be dangerous but may also present certain opportunities for outreach and education in formal and informal settings. This paper is written in light of the importance that the United Nations Office for Disaster Risk Reduction has placed on coordination and communication within and among diverse organizations and agencies as well as by recent popularity of so-called earthquake prediction in Mexico.

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