INTELLIGENCE CYCLE AS PART OF EFFECTIVE RISK ANALYSIS UNDER INTEGRATED BORDER MANAGEMENT

The aim is to present common approach of processing of information as one of the main aspects for qualitative risk analysis, including all three components – threat, vulnerability and impact, in all levels: strategic, operational and tactical. The theoretical methodology is based on guidelines of common integrated risk analysis model (CIRAM), implemented in Schengen member states (MS) as a part of integrated border management (IBM). Based on the main task – to view particular legal bases and using historical research, analytical and descriptive methods, the legal bases of IBM in the field of risk analysis was explained, at first. Special attention was paid for description of each step of intelligent cycle, because only scrupulous following of methodology guaranteed the high quality of the product in situations when analytical units have huge amount of data from different sources every day. Different kinds of risk analysis (annual, quarterly, monthly, weekly or targeted for specific measures) are performed by European Border and Coast Guard (EBCG) and MS using the CIRAM methodology. Huge data flows should be managed in a structured way. The knowledge and practical implementation of CIRAM has a positive impact on overall internal security in the area of free movement. For this purpose, the amount of trained border guards was analysed.

Risk management in the implementation of innovative projects

Introduction. Nowadays, the development of the international economic system is mainly due to the innovation processes associated with the creation and initiation of advanced sciences and technologies, which is why the sphere of innovation becomes the most important resource of the nation, and its effectiveness determines the dynamics and progressive development of the national economy. The purpose of the paper is to investigate the theoretical issues of the essence of risk management of innovative projects. Results. Innovative modifications at the enterprise are developed and implemented through design. The project is an independent system with innovative content, presented in a document format, limited in time, characterized by risks and high levels of uncertainty due to external environmental factors. The key features of an innovation project are uncertainty, exclusivity, the specific purpose of the project, clearly defined conditions and risks. A large number of threatening and dangerous situations exist in the external and internal environment of companies developing and implementing innovative projects, so the question arises of effective risk management at all stages of project operation and implementation. The study found that integrated risk analysis and the development of a quality innovative project risk management system will maximize opportunities to achieve project goals and minimize costs or adverse events. Conclusion. The process of development and implementation of innovative projects is associated not only with large investments, but also with risks at all stages of design. In this regard, there is always the question of the effectiveness of the formation of project risk management mechanisms that will improve the profitability of the enterprise and its functioning in the direction of innovative development. The methodology of project risk management clearly proved to be a successful form of management activity. A consistent course of action should be developed to determine the risk for each project that meets the requirements of the particular enterprise. Implementation of risk management of an innovative project into the practice of the enterprise will lead to significant savings of the budget of realization of projects, time of their realization and will improve quality of execution.

Assessing offshore wind turbine reliability and availability

The renewables sector and particularly offshore wind energy is a fast developing industry over the last few years. Especially, activities related to the installation, and operation and maintenance of offshore wind turbines become a challenging task with inherent risks. This article assesses the risks related to the above stages of a wind farm lifecycle using the failure mode, effects and criticality analysis and hazard identification methods. All works, from installation to operation and maintenance, are considered together with the wind turbine main components. An integrated risk analysis methodology is presented addressing personnel Safety (S), Environmental impact (E), Asset integrity (A), and Operation (O). The above is supplemented by a cost analysis with the aid of Bayesian belief networks method to assist the decision-making process related to installation, and operation and maintenance tasks. All major risks and critical wind turbine components are identified as well as measures are suggested to prevent or mitigate them. Moreover, inspection and maintenance plans are elaborated in general for the mentioned activities.