Open Access. Powered by Scholars. Published by Universities.®

Risk Analysis Commons

Open Access. Powered by Scholars. Published by Universities.®

924 Full-Text Articles 1,589 Authors 356,709 Downloads 100 Institutions

All Articles in Risk Analysis

Faceted Search

924 full-text articles. Page 40 of 41.

Understanding Risk Governance: Introducing Sociological Neoinstitutionalism And Foucauldian Governmentality For Further Theorizing, Wee Kiat LIM 2011 Singapore Management University

Understanding Risk Governance: Introducing Sociological Neoinstitutionalism And Foucauldian Governmentality For Further Theorizing, Wee Kiat Lim

CMP Research

This article traces the career of risk across prominent theoretical approaches by highlighting their key assumptions and premises, specifically the technical approach found in the physical sciences, and economics, psychology, and sociology in the social sciences. In each discipline, the strengths and limitations of each theoretical approach are pointed out. The discussion focuses on sociology in particular because other approaches—in treating risks as dominantly technical, psychological, or economic phenomena—tend to downplay the broader historical and socio-political context that impinges on risk construction and production, and its differential impact across society. This exploration points out that institutions play an important role …


A Financial Impact Assessment Of Ld 1725: Stream Crossings Presentation, New England Environmental Finance Center 2011 University of Southern Maine

A Financial Impact Assessment Of Ld 1725: Stream Crossings Presentation, New England Environmental Finance Center

Economics and Finance

This report looks at the potential financial impact of LD 1725 on the estimated 30,000 stream crossings in the State of Maine that would be affected by the law. Our research for this report included the analysis of nearly 2000 stream crossings and the data collection necessary for the development of extensive stream crossing replacement cost models. We found that the 1.2 bankfull requirements in LD 1725 would result in a 75% ‐ 250% increase in structure widths for stream crossing projects across the state. An upsize of this magnitude would increase the cost of replacing stream crossings statewide by …


Delayed-Bang Approach Towards More Sustainable Critical Infrastructure Risk Management, C. Ariel Pinto, Michael K. McShane, Abhishek S. Pathak 2011 Old Dominion University

Delayed-Bang Approach Towards More Sustainable Critical Infrastructure Risk Management, C. Ariel Pinto, Michael K. Mcshane, Abhishek S. Pathak

Finance Faculty Publications

This article describes the Delayed Bang Approach for determining the value of risk management alternatives in critical infrastructure security. The discussion includes (1) the need for sustainable risk management (2) the importance of time valuation in evaluating competing loss prevention and loss reduction alternatives, (3) the convergence of deterministic engineering economics, survivability analysis, and probabilistic analysis, and (4) hypothetical examples of the Delayed-Bang Approach and significance towards more sustainable risk management.


Emerging M&S Application In Risk Management, C. Ariel Pinto, Andreas Tolk, Michael McShane 2011 Old Dominion University

Emerging M&S Application In Risk Management, C. Ariel Pinto, Andreas Tolk, Michael Mcshane

Engineering Management & Systems Engineering Faculty Publications

There has been compelling signs of the great potential of building further synergy with academics, researchers, and industry practitioners from the areas of Modeling and Simulation (M&S) managing risk events. This paper provides an introduction to risk management and how M&S has permeated the risk management process. The trend has been to harness the advantages of M&S tools and techniques in terms of efficiency and effectiveness in managing risks. However, the more important contribution of M&S may be in how it provides a way for specialists in various disciplines or industries interact to manage risks that require multi-disciplinary approach. This …


Issues Of Wind Power For Renewable Society Construction At 3-11 Earthquake & Tsunami Striken Areas 被災地からの自然エネルギー社会づくりと風力発電の課題, Masayuki Horio 2010 Ryukoku University

Issues Of Wind Power For Renewable Society Construction At 3-11 Earthquake & Tsunami Striken Areas 被災地からの自然エネルギー社会づくりと風力発電の課題, Masayuki Horio

Masayuki Horio

No abstract provided.


A Short-Distance Integral-Balance Solution To A Strong Subdiffusion Equation: A Weak Power-Law Profile, Jordan Hristov 2010 University of Chemical Technology and Metallurgy

A Short-Distance Integral-Balance Solution To A Strong Subdiffusion Equation: A Weak Power-Law Profile, Jordan Hristov

Jordan Hristov

The work presents an integral solution of the time-fractional subdiffusion through a preliminary defined profile with unknown coefficients and the concept of penetration layer well known from the heat diffusion The profile satisfies the boundary conditions imposed at the boundary of the boundary layer in a weak form that allows its coefficients to be expressed through the boundary layer depth as unique parameter describing the profile. The technique is demonstrated by a solution of a time fractional subdiffusion equation in rectilinear 1-D conditions.


Construction Cost Models, Barry Dikeman 2010 New England Environmental Finance Center

Construction Cost Models, Barry Dikeman

Economics and Finance

The following are a series of cost estimate models similar in format to a typical engineer’s estimate that were developed in support of our financial impact assessment report for LD 1725. The models us current material costs, labor costs, and equipment costs for the region to provide a comparative cost analysis of seven culvert replacement scenarios. The models provide information about what the cost impact of LD 1725 would be for typical culvert replacements in Maine. However, due to the inherent restrictions of the cost modeling framework we were not able to include the abundance of variables that would be …


Post-Project Risk Perception And Systems Management Reaction, Baqer Alali 2010 Old Dominion University

Post-Project Risk Perception And Systems Management Reaction, Baqer Alali

Engineering Management & Systems Engineering Theses & Dissertations

The objective of this research is to identify whether risk management in projects has any role in risk management in systems. Projects, systems, and risk management are three integral concepts in the management of various enterprises and agencies. Risk management is a common concept in systems and project processes. To avoid failures or crisis during their life cycles, projects and systems managers practice risk management. Projects and systems have well defined life cycles during which the risk is defined, controlled, and managed. Risk management is conducted in each phase of projects and systems. Projects are initiated to close certain operational …


Heat-Balance Integral To Fractional (Half-Time) Heat Diffusion Sub-Model, Jordan Hristov 2010 University of Chemical Technology and Metallurgy

Heat-Balance Integral To Fractional (Half-Time) Heat Diffusion Sub-Model, Jordan Hristov

Jordan Hristov

The fractional (half-time) sub-model of the heat diffusion equation, known as Dirac-like evolution diffusion equation has been solved by the heat-balance integral method and a parabolic pro file with unspecified exponent. The fractional heat-balance integral method has been tested with two classic examples: fixed temperature and fixed flux at the boundary. The heat-balance technique allows easily the convolution integral of the fractional half-time derivative to be solved as a convolution of the time-independent approximating function. The fractional sub-model provides an artificial boundary condition at the boundary that closes the set of the equations required to express all parameters of the …


An Active Study Of A Roller Coaster Project In Asia., Robert Leamon Bridges 2010 East Tennessee State University

An Active Study Of A Roller Coaster Project In Asia., Robert Leamon Bridges

Electronic Theses and Dissertations

A roller coaster manufacturer became aware that improperly heat treated track couplings were sent to a construction site for assembly. Concerns were that suspect couplings might not meet the engineering specifications and could be vulnerable to sudden failure. A testing company in Oak Ridge, TN that specializes in in-situ and laboratory mechanical testing was contacted by the manufacturer for help in this endeavor. The construction company elected to enlist a local testing firm to perform field tests on the components instead of the company in Oak Ridge. The test methods used are incapable of providing quantitative results that could be …


Global Warming Advocacy Science: A Cross Examination, Jason S. Johnston 2010 University of Pennsylvania Carey Law School

Global Warming Advocacy Science: A Cross Examination, Jason S. Johnston

Faculty Scholarship at Penn Carey Law

Legal scholarship has come to accept as true the various pronouncements of the Intergovernmental Panel on Climate Change (IPCC) and other scientists who have been active in the movement for greenhouse gas (ghg) emission reductions to combat global warming. The only criticism that legal scholars have had of the story told by this group of activist scientists – what may be called the climate establishment – is that it is too conservative in not paying enough attention to possible catastrophic harm from potentially very high temperature increases. This paper departs from such faith in the climate establishment by comparing the …


Utilizing Knowledge Transfer To Promote Management Of Countervailing Risks In Value Stream Analysis, Jeffery A. Temple 2010 Old Dominion University

Utilizing Knowledge Transfer To Promote Management Of Countervailing Risks In Value Stream Analysis, Jeffery A. Temple

Engineering Management & Systems Engineering Theses & Dissertations

Organizations are frequently faced with the challenges of modifying and streamlining their processes by utilizing the latest process improvement techniques such as Lean Thinking. They use these techniques to allow them to better perform their organizational purposes through the elimination of waste and non-value added steps. Personnel performing these modifications need to account for potential outcomes and risks when streamlining processes. An association of knowledge transfer and experience to the identification and handling of these countervailing or alternative risks when performing Lean Thinking value stream analysis is investigated. The elements of risk management, Lean Thinking and knowledge transfer are described. …


Book Review On The Failure Of Risk Management: Why It’S Broken And How To Fix It, By Douglas W. Hubbard (2009)., Cameron A. MacKenzie 2010 University of Oklahoma Norman Campus

Book Review On The Failure Of Risk Management: Why It’S Broken And How To Fix It, By Douglas W. Hubbard (2009)., Cameron A. Mackenzie

Cameron A. MacKenzie

The title The Failure of Risk Management seemsto imply that risk management is useless. However,the subtitle Why It’s Broken and How to Fix It provides a better description of Douglas Hubbard’s contribution to the field of risk analysis. Hubbard criticizes several risk management methods currently used by a wide variety of organizations but also presents a convincing argument for why probabilistic risk analysis using Monte Carlo simulation is the best approach.


An Evaluation Of Risk Management Courses Offered In Engineering Management Programs, S. Jimmy Gandhi, C. Ariel Pinto 2010 Old Dominion University

An Evaluation Of Risk Management Courses Offered In Engineering Management Programs, S. Jimmy Gandhi, C. Ariel Pinto

Engineering Management & Systems Engineering Faculty Publications

For this paper, the authors have surveyed a total of 22 engineering management (EM) programs in the United States (both accredited and non-accredited). The purpose of this study was to analyze the offering of risk management courses as part of the engineering management curriculum. The findings showed that the majority of the programs did not offer a single dedicated course on risk management and merely covered the topic as part of other courses such as project management. The authors have made recommendations that risk management should be included as a required part of the EM curriculum due to the higher …


Assuming The Risk: Tort Law, Policy, And Politics On The Slippery Slopes, Eric Feldman, Alison I. Stein 2010 University of Pennsylvania Carey Law School

Assuming The Risk: Tort Law, Policy, And Politics On The Slippery Slopes, Eric Feldman, Alison I. Stein

Faculty Scholarship at Penn Carey Law

Prominent jurists and legal scholars have long been critical of the doctrine of the assumption of risk, arguing that it is logically flawed and has sown confusion in the courts. This article takes a fresh look at the assumption of risk by focusing on legal conflicts over ski accidents in three ski-intensive states—Vermont, Colorado, and California. It argues that the tort doctrine of the assumption of risk remains vital, and highlights the way in which powerful political and economic actors with links to the ski industry have lobbied aggressively for state laws that codify the assumption of risk. The result …


Applying Geographic Information Systems To Support Strategic Environmental Assessment: Opportunities And Limitations In The Context Of Irish Land-Use Plans, Ainhoa Gonzalez, Alan Gilmer, Ronan Foley, John Sweeney, John Fry 2010 Technological University Dublin

Applying Geographic Information Systems To Support Strategic Environmental Assessment: Opportunities And Limitations In The Context Of Irish Land-Use Plans, Ainhoa Gonzalez, Alan Gilmer, Ronan Foley, John Sweeney, John Fry

Articles

The strengthening of spatial database infrastructures, further promoted by the INSPIRE Directive adopted in 2007, has led to an increased use of spatial data in planning and decision-making. Given that land-use plans are intrinsically spatial, such evidence and approaches can significantly benefit plan-making. A spatial framework could especially support the specific Strategic Environmental Assessment (SEA) aspects of the plan-making process. Spatial tools such as Geographic Information Systems (GIS) are particularly well-placed to support the environmental integration sought in SEA by providing evidence through the spatial assessment of multiple environmental datasets. Moreover, GIS bring the opportunity to augment conventional assessment techniques …


Risk And System-Of-Systems: Toward A Unified Concept, C. Ariel Pinto, Michael K. McShane, Rani Kady 2010 Old Dominion University

Risk And System-Of-Systems: Toward A Unified Concept, C. Ariel Pinto, Michael K. Mcshane, Rani Kady

Engineering Management & Systems Engineering Faculty Publications

The scope of this paper is the survey of both fundamental and most recent publications in system-of-systems, business and insurance, as well as risk analysis, modeling, and management for the purpose of better describing the concept of risk in recognition of emergence and complexity which characterizes many systems within the concern of engineering and business managers. The ultimate goal is to provide engineering and business managers the necessary perspective on the concept of risk and in its management for the next generation of sustainable systems - including various descriptions of risk and discussion of the relevance of properties of system-of-systems …


Project And Risk Management: A Systematic Approach, Baqer Alali, C. Ariel Pinto, Andreas Tolk, Rafael Landaeta 2010 Old Dominion University

Project And Risk Management: A Systematic Approach, Baqer Alali, C. Ariel Pinto, Andreas Tolk, Rafael Landaeta

Engineering Management & Systems Engineering Faculty Publications

The main purpose of this paper is to discuss three related topics of project management, systems management, and risk management. The issue that would be addressed in this paper is how risks are addressed in project and systems management, and how risks are propagated between projects and systems. A framework is proposed to overcome the problem of risk propagation from project to the systems. It was shown that the proposed framework can be deployed to existing risk management process with reasonable interventions (e.g. process prescribed by PMI). Finally a proof-of-concept application shows potential of the framework for various types of …


Goal Approach To Risk Scenario Identification In Systems Development, Cesar Ariel Pinto, Andreas Tolk, Rafael Landaeta 2010 Old Dominion University

Goal Approach To Risk Scenario Identification In Systems Development, Cesar Ariel Pinto, Andreas Tolk, Rafael Landaeta

Engineering Management & Systems Engineering Faculty Publications

The scope of this paper is the exploration of fundamental issues in identifying risk scenarios during systems development. Systems development refers to a series of processes which span conceptualization, designing the architecture, obtaining the elements, and eventually integrating all these elements into the fully developed final system. For truly sustainable and green systems, identifying risk scenarios early and continuously over the system development processes is vital. This paper contains various descriptions of risk from the project (i.e. programmatic) and technical perspectives, an exploration of the generally accepted risk management process, and how these relate to systems development through system goals. …


Development Of A Framework To Evaluate Human Risk Towards Sustainable Risk Management, Ra'ed M. Jaradat, Rani A. Kady, C. Ariel Pinto 2010 Old Dominion University

Development Of A Framework To Evaluate Human Risk Towards Sustainable Risk Management, Ra'ed M. Jaradat, Rani A. Kady, C. Ariel Pinto

Engineering Management & Systems Engineering Faculty Publications

Risk managers are constantly faced with the challenge of making decisions at various levels of their organizations. One of the challenges, which often times is unavoidable, lies in assigning a monetary value to human risks. Such challenge necessitates engineering managers to make educated decisions on the level of risk that the organizations and businesses should accept when it comes to human. The purpose of this study is to suggest a suitable framework that captures this aspect of engineering Risk Management in order to make rational and sustainable decisions about such assessed risk. This will be accomplished by exploring the tools, …


Digital Commons powered by bepress