Assessment of Risks Associated with Activities in Filling Stations using Kinney Method: A case Study of Communal District 5 of Niamey (ACN5) Niger Republic

Filling Stations are Facilities developed for provision of Goods – Automobile Fuel, Other Petroleum Products and Services – Servicing of Automobiles, Filling Stations are vital and key to the Transport and Logistics Management Industry. Despite playing a vital developmental/Economic roles Filling Stations can unfortunately be Sources of Risks/Hazardous and Accidents to Human and the Environment. In Niger Republic, Filling Stations is a "fashionable" Phenomenon, that is essential to have a general establishment Master Plan, and Risk Prevention as well as Mitigation Plans. The objective of this Study is to assess the Risks associated with the presence and activities of Filling Station in Niamey Communal District 5 (ACN5). The Study considered compliance with Regulations on Location and Activities of Filling Stations and Risk associated with the Filling Station and their Activities using Kinney Method. The Result shows that there is no harmonious integration of these Companies into the Urban Development Plan due to lack of Compliance with certain Regulatory Provisions. The diagnosis highlights that the Risks of Explosion, Fire, Pollution (Water, Soil) are the most to be feared with high scores (≥300) and 6% of the Filling Stations have must cases of non-Compliance to Regulations are supposed to be suspended/banned. Adoption of best practices in Operational Risk Management, namely Identification, Assessment, Mitigation and Monitoring of Risks is to be strictly adhered to by Filling Stations Studied.

Managing Risks in the Improved Model of Rolling Mill Loading: A Case Study

This article reflects the main sources of risks for metallurgical enterprises in Russia, presenting the implementation of an innovative approach to increasing the competitiveness of an industrial enterprise, which is a typical representative of large enterprises of the metallurgical industry, based on the development of risk-oriented thinking when loading rolling mills with orders of intersecting assortment according to a new model. To reduce the emerging risks of a new model of the loading process of rolling mills of a metallurgical enterprise, it is proposed to take into account the risks in a complex way, taking into account their interactions with the use of integrated risk management (IRM). Practical development of the implemented approach was carried out by identifying the risks of the new improved loading process and their causes at each stage of the process. Risks were identified by analysis, qualitative and quantitative assessment of the likelihood of risks and the severity of consequences from their implementation with the establishment of events with a high potential hazard. Possible causes of hazardous events have been identified. To reduce the likelihood of unfavorable events, measures have been developed to influence significant risks and their effectiveness has been determined. The development of an innovative approach using risk-based thinking in a previously unexplored field of the application provides competitive advantages for enterprises of the metallurgical industry, increases income by reducing the cost of manufacturing products and production volumes by reducing time costs, achieving an economic efficiency of up to 10 million rubles per year. The practical significance of the dissemination of development results in similar industries is obvious and relevant for metallurgy as a whole.

MANAJEMEN RISIKO USAHA PENANGKAPAN IKAN LAUT DENGAN ALAT TANGKAP GILLNET DI PULAU BAAI, KOTA BENGKULU

Bisnis perikanan selalu dihadapkan dengan resiko ketidakpastian, termasuk upaya penangkapan ikan menggunakan alat tangkap Gilnett. Identifikasi sumber risiko, dampak dan strategi risiko penting, tidak hanya untuk bisnis tetapi juga bagi pemerintah untuk merancang intervensi yang tepat. Penelitian ini bertujuan untuk (1) mengidentifikasi sumber risiko, (2) menganalisis probabilitas dan efek risiko, dan (3) menganalisis strategi manajemen risiko. Pemilik atau kapten kapal dari dua puluh tujuh unit kapal yang menggunakan alat tangkap Gilnett disensus dan diwawancarai dengan kuesioner. Data yang dikumpulkan meliputi karakteristik responden, sumber risiko, dampak risiko, aspek operasional, harga dan pasar bisnis perikanan yang dilakukan. Analisis deskriptif dan analisis manajemen risiko diterapkan untuk menjawab tujuan penelitian. Hasil penelitian menunjukkan bahwa sumber risiko yang terjadi paling besar adalah risiko operasional pada sumber risiko cuaca yang tidak dapat diprediksi, ketidakpastian hasil tangkapan, dan permodalan. Pada usaha penangkapan ikan laut di Kota Bengkulu, nilai probabilitas berdasarkan lama melaut dan nilai tangkapan ikan, yaitu sebesar 32,64% dan 48,40%. Nilai dampak risiko berdasarkan lama melaut dan nilai tangkapan sebesar Rp9.948.578,25 dan Rp548.793.316,42. Hasil studi menyimpulkan bahwa strategi yang dapat dilakukan dalam mengelola risiko, yang meliputi (a) pemanfaatkan informasi cuaca seoptimal mungkin, (b) membiasakan menabung ketika hasil melimpah, (c) perluasan fishing ground di luar daerah tangkapan tradisionalnya, (d) ketepatan area pengkapan (fishing ground), (e) perpanjangan lama melaut, dan (f) diversifikasi vertikal (hilirisasi) hasil tangkapan.Title: Risk Management of Fishing Activity Using Gillnet Fishing Gear in Baai Island, BengkuluFishery business is always faced with uncertainty risks, including fishery business using Gilnett fishing gear. The identification of sources of risk, impacts and risk strategies are important not only for businesses but also for the government to design appropriate interventions. This research aimed to (1) identify the sources of risks, (2) analyze the probabilities and risk effects, and (3) analyze the risk management strategies. The owner or captain of the twenty-seven vessel units who use the Gilnett fishing gear were censused and interviewed with a questionnaire. Data was collected includes the characteristics of the respondents, sources of risks, risk impacts, operational aspects, prices and markets of the business of fishing. Descriptive analysis and risk management analysis were applied to answer research objectives. The results of the study indicate that the greatest source of risk is an operational risk on sources of unpredictable weather risks, uncertainty about catches, and capital. Fishing activity in Bengkulu City, the probability value is based on the fishing trip period and the catch value is 32.64% and 48.40%. The value of the risk impact is based on the fishing trip period and the value of the catch is IDR 9,948,578.25 and IDR 548,793,316.42. The results of the study conclude that strategies that can be carried out in managing risks including (a) utilizing the most optimal weather information, (b) getting used to saving when the abundant results, (c) expanding fishing ground outside the traditional catchment area, (d) accuracy of the catching area (fishing ground), (e) prolongation of fishing day, and (f) vertical diversification (downstreaming) of catches.

IT project information system for risk management of human resources

The work is devoted to the research of sources of risks of formation and management of human resources of the company and the development of a project of an information system to minimize the risks of dismissal. Existing approaches to employee incentives and programmatic decisions on the human capital accounting are described. This work analyzes the most famous modern information systems for monitoring and management of personnel. A target tree has been built to address the current problematic situation. Alternative means for the realization of the project of the information system considering the peculiarities of the scope are considered. The hierarchy of the general purpose of choosing the optimal means of implementing the information system for minimizing the risks of personnel management is presented. Using the method of analytical hierarchy, the priorities of alternatives relative to the focus are calculated. The most appropriate project implementation for such a system is to use the WordPress platform. A complex of UML diagrams was developed for the project implementation. The structure of the project in the form of WBS is given. Gantt chart, which shows in detail the schedule of information system design. To track all possible deviations of the project, the critical path of the project is calculated. The prototype information system for minimizing the risks of dismissal of workers runs on an Apache Web Server using MySQL as a database. The design was based on a suite of tools for creating WordPress sites and web applications. The project of the information system implements the policy of identification and management of risks associated with the outflow of valuable employees, describes and allows to regulate the procedure of identification and accounting of employees who are the sole owners of project knowledge. It also defines the sequence of steps that make it impossible to incur the risks associated with the outflow of staff, complicate, and/or slow down the process. The information system in the field of software development, database design, and support of existing information systems is offered.

Simulation of the Impact of Waste Batteries on Ecosystem Reliability

To assess the impact of not just the battery as such but its multi-element composition on the state of the environment, a new approach is proposed through the determination of the reliability of ecosystems, which makes it possible to obtain quantitative indexes of the stability and losses of natural ecosystems. These data can be used as indicators of the state of the environment, and hence as the assessment of an environmental component that is important for determining the actual impact of the multi-element composition of batteries. On the basis of such indicators, which can be obtained using the SimaPro software, it is possible to calculate thresholds beyond which negative phenomena occur, as well as to predict and simulate situations, to carry out the mapping of sources of risks, to monitor changes, and this will allow identifying the causes of these changes or determining the factors that slow down or retard the approach of ecosystems to a critical state, i.e. to develop preventive measures to avoid disasters. The eco-indicator 99 is one of the methods that allows us to accept one estimate for the whole product - the so-called ecological index. It is the sum of all individual eco-points or partial indexes for all life-cycle processes. The computational procedure is carried out by summing up the results of weighing the phases of the life cycle.

A structured framework for identifying risks sources related to human resources in a 4.0 working environment perspective

BACKGROUND: Research is focused on companies that offshored their production and operate in the international business environment, in the current globalized world placed generically under the 4.0 index, inspired by the fourth industrial revolution. OBJECTIVE: The paper aims to draw up a structured and multilayered framework for identifying sources of risks related to the work environment and to the human resources management in this context. METHODS: An extended analysis of information in the literature and on the web is conducted to define the mentioned conceptual structure and to identify domains, processes, and actions that should be considered hosting such risks. First filtered by the authors based on their experience as consultants and managers in international projects, results are then validated by successive feedbacks from their peers. RESULTS: Two levels of the framework are detailed, the first correlating globalization and 4.0 development stage challenges, identifying the risk sources within a matrix detailing on one dimension technological progress, governmental & legal issues, cultural patterns, and on the other, domains sensitive to risks regarding the human resource, such as work performance, working skills, working ethics & discipline, and working models, environment & tools. The second level focuses on the sources of risks arise due to a company’s digital transformation with regard to the choice of the working models configuration, employees’ recruitment & hiring, training, working planning, organization & control, and setting up working regulations. CONCLUSIONS: The results are intended to provide support for easier and more comprehensive identification of work and human resources related risks in the mentioned context.

Towards a Quantitative Model to Deal with Uncertainty Management in Software Projects

The evolution of thinking in project management has raised interest in areas not yet explored by researchers and practitioners of project management, including the management of uncertainties associated with risk management. The correct risk and uncertainty management in software projects can represent a competitive differential for the software development industry. Despite the increasing use of uncertainty management strategies, many projects still fail. Some recent studies show that the current techniques used to manage uncertainties organize the project's known information, but give little or no indication of the unknown information or uncertainties associated with the project. These techniques do not take into account the impact of existing dependency and interdependence relationships between the various sources of uncertainties in the project. This work will apply Action Research to develop a model with a focus on uncertainty quantification techniques. This work aims to present a model with a focus on uncertainty quantification techniques that take into account the relationships of dependencies and interdependence that exist between the sources of risks and uncertainties in software projects and as a result, contribute with the advance of state of the art in the practice of risk and uncertainty management in project software.

IMPORT SUBSTITUTION RISK MANAGEMENT CONSIDERING HARTLEY EMERGENCE INDICATOR

Any project, especially in the field of import substitution, is subject to the risk of failure (non-implementation) for various reasons. At the same time, the process of import substitution has significant differences from innovative processes, associated, first of all, with the emergence of time and country risks. In this regard, the risk analysis is proposed to be carried out using a special rubricator of import substitution risk sources, created taking into account the specifics of a specific project. Since the statistics on import substitution projects implementation are rather scarce, especially if the substitution object is a unique hardware complex of a very high cost, then experts have to use methods of intellectual analysis, in particular, fuzzy inference algorithms. In this case, the elements of the rubricator are considered as linguistic variables characterizing the sources of risk. However, in the case of a complete or partial analysis of the entire rubricator, a systemic effect of an emergent increase in information about a possible risk arises. This is due to the fact that sources of risks can “work” in the sense of creating a risk situation, both individually and in combination. It is proposed to evaluate this effect using the Hartley indicator, which reflects how much the amount of information obtained during identifying one element of the system increases due to the systemic effect as a result of unification. Depending on the value of this indicator, two approaches can be used to assess the possibility of project risk: either the Sugeno fuzzy inference algorithm (if the value of the indicator is significant), or simpler methods (if the value of the indicator is not significant). The proposed approach to the analysis of the risks of import substitution was used by the authors when diagnosing the project of replacing ship power plants for modern small vessels of the coastal navigation zone.

Solving multi-objective supplier selection and quota allocation problem under disruption using a scenario-based approach

Nowadays, experts believe there are abundant sources of risks in a supply chain. An important group of risks against a supply chain is the disruption risks group, which disturbs the flow of material in the chain and may lead to inefficiency in providing the final product in the supply chain. The aim of this article is to investigate the control of costs of disruption in a supply chain by considering the possibility of disruption. In fact, this research focuses on determining the best combination of suppliers and quota allocation with regards to disruption in suppliers. The proposed multi-objective mathematical model in this paper is a mixed-integer programming (MIP) model with objective functions to minimize transaction costs of suppliers, expected costs of purchasing goods, expected percentages of delayed products, expected returned products, and to maximize expected evaluation scores of the selected suppliers. Due to the uncertainty of demand and supplier disruption in the real world, their values are also considered uncertain; the proposed multi-objective model is studied by using a scenario-based stochastic programming (SP) method. In this method, all possible predictions for demand and disruption values are simultaneously included in the model; objective function results have more optimal value than a separate solution of the model for each predicted value.