Risk Analysis Commons^™

Assessment Of Contract Terms And Conditions For Lump-Sum Contracts, Omar Othman

Theses and Dissertations

A Contract is a tool that defines the obligations of the contracting parties and assigns the risk between them. Contracts are usually drafted to meet the interests of the owner by addressing the legal issues and liabilities. Meanwhile, less emphasis is placed on clearly communicating the contract terms and ensuring that all contracting parties comprehend their risks and obligations. In a country like Egypt, which has faced drastic economic and political changes in the past few years, and yet is experiencing a boom in the construction sector, many developers tend to draft contracts that might be legally complicated or lacks …

The Great Equalizer Or A Modern Iteration Of Historical Inequality: Artificial Intelligence In Latin America, Santana Amaker

Honors Theses

In recent years, governments across Latin America have taken steps to foster the development and implementation of artificial intelligence causing an expansion of the use of AI in the region. For instance, countries like Colombia and Argentina are using AI in their judicial systems. Superficially, the allure of AI in the judicial system stems from the thought that AI is an impartial entity that will pass fair and unbiased judgement. However, just like the programmers responsible for creating AI, algorithms used in AI system can be biased. The reason being AI is often trained to make predictions or decisions based …

An Examination Of Grid Stability As It Relates To The Increased Integration Of Inverter-Based Resources, Daniel Voss

Electrical Engineering Undergraduate Honors Theses

There is currently a growing interest in increasing the amount of renewable energy resources connected to the bulk electric system (BES) that stems from various environmental, political, and social concerns. However, the differences between conventional generation resources and inverter-based resources (IBR)—namely wind and solar—pose new issues that make this increased integration a larger problem. In other studies, the increased penetration of renewable energy resources has resulted in weak-grid systems that are more susceptible to collapse. This comes as a result from the inability for IBRs to effectively provide enough reactive power, an effect especially apparent during fault conditions, which the …

Decision Making Within An Nfl Context Using Multiple Objective Decision Analysis, Lawson Porter

Industrial Engineering Undergraduate Honors Theses

The National Football League (NFL) is the most popular sports league in the world, with millions of viewers every game and billions of dollars generated every season. Statistics are an important part of an NFL team’s business operating model and contribute greatly towards their decision making. Every season, general managers try to sign players that give the team the highest probability of winning games throughout the year. There are many factors that go into this decision, including the amount of money the team has to spend and the value that available players can bring to a team. Teams must abide …

Study Of Fragility Functions For Assessing Damage To Water Pipe Networks Caused By Earthquake Loading, Dylan Joseph Merlo

Master's Theses

The performance of water lifelines during seismic events is an area of ongoing research. In this study we evaluate eight (8) different seismic events and the impact that ground shaking and ground deformations had on water pipeline systems. The overall goal of this work is to provide municipalities and utility providers with tools for mitigating the consequences of seismic hazards on water lifeline systems by analyzing the accuracy of damage estimation models. Three (3) different repair rate models are evaluated using data collected from the seismic events and compared to observed repair rate data. Results are analyzed to examine the …

Cybersecurity Risk Assessment Using Graph Theoretical Anomaly Detection And Machine Learning, Goksel Kucukkaya

Engineering Management & Systems Engineering Theses & Dissertations

The cyber domain is a great business enabler providing many types of enterprises new opportunities such as scaling up services, obtaining customer insights, identifying end-user profiles, sharing data, and expanding to new communities. However, the cyber domain also comes with its own set of risks. Cybersecurity risk assessment helps enterprises explore these new opportunities and, at the same time, proportionately manage the risks by establishing cyber situational awareness and identifying potential consequences. Anomaly detection is a mechanism to enable situational awareness in the cyber domain. However, anomaly detection also requires one of the most extensive sets of data and features …

A Work Of Heart

DePaul Magazine

This article looks at the internship opportunities that DePaul students have available to kickstart their career through such programs as DePaul WORKS and INSuRE. Alumni in the museum, education and counseling, cybersecurity, law and public relations fields are interviewed.

Review And Analysis Of Failure Detection And Prevention Techniques In It Infrastructure Monitoring, Deepali Arun Bhanage, Ambika Vishal Pawar, K Kotecha

Library Philosophy and Practice (e-journal)

Maintaining the health of IT infrastructure components for improved reliability and availability is a research and innovation topic for many years. Identification and handling of failures are crucial and challenging due to the complexity of IT infrastructure. System logs are the primary source of information to diagnose and fix failures.

In this work, we address three essential research dimensions about failures, such as the need for failure handling in IT infrastructure, understanding the contribution of system-generated log in failure detection and reactive & proactive approaches used to deal with failure situations.

This study performs a comprehensive analysis of existing literature …

Developing Infrastructure Adaptation Pathways To Combat Hurricane Intensification: A Coupled Storm Simulation And Economic Modeling Framework For Coastal Installations, Alexander J. Baldwin

Theses and Dissertations

Climate change projections suggest intensification of extreme weather events, including hurricanes, is expected throughout the 21st century. This will lead to increased destruction for coastal military bases unless infrastructure resiliency and adaptation measures are implemented. This research focuses on examining the simulation of probabilistic, climate-intensified hurricane events at Eglin Air Force Base. FEMA Hazus models are combined with climate projections for wind Intensity, tide, and sea-level rise to produce an assessment of losses to the installation. Damage estimates and hurricane intensity outputs are downscaled to the facility-level so that climate adaptation signals can be identified. The facility losses and climate …

Open-Field Scale-Model Experiments Of Fire Whirls Over L-Shaped Line Fires, Yuto Iga, Kazunori Kuwana, Kozo Sekimoto, Yuji Nakamura

Progress in Scale Modeling, an International Journal

This paper presents the results of open-field scale-model experiments of fire-whirl formation over line fires. L-shaped line fires were burned in crosswinds, and the processes of fire-whirl formation were observed. The flame height was measured using an image-processing technique, while two-dimensional velocity components were measured at two different locations using ultrasonic anemometers. Two tests were selected for comparison: test A, in which intense fire whirls repeatedly formed, and test B, in which no whirls were observed. In test A, the wind flow was bent by the fire plume, creating swirling flows near the burning area, thereby forming fire whirls. On …

Effect Of Reduced Plume Entrainment On The Burning Rate Of Porous Fuel Beds, Sara Mcallister

Progress in Scale Modeling, an International Journal

Large outdoor fires often exhibit unexpected fire behavior, particularly compared with much smaller fires. Understanding the difference between large- and small-scale fires is of importance for both fire behavior predictions and safety. Large fires are often characterized by very tall plumes that can extend to the stratosphere. Particularly as the actively burning area increases, plumes in large-scale fires likely entrain relatively little and may act in a similar fashion to a chimney. To explore the possible changes in burning rate due to the chimney effect, experiments were conducted with wood cribs burned with a chimney of variable height. The burning …

A Study On Fire Hazards Of Oil Tanks In Urban Areas With Scale Model Experiments, Ho Yin Ng, Yu Wan, Wan Ki Chow

Progress in Scale Modeling, an International Journal

Large fuel tanks are located in an urban area of Tsing Yi in Hong Kong, giving potentially high risks to people living nearby if a fire was to occur. Scale modeling experiments were carried out to investigate the potential of fire hazards. Propanol pool fires with five different scales of oil tanks were studied first. Appropriate tank sizes were then put in a 1/2500 architectural scale model on the Tsing Yi Island to study a fuel tank fire. Results show that the heat and smoke from a fire would affect occupants staying in areas near to the fuel tanks. Fire …

Risk Management Decision Making For Security And Trust In Hardware Supply Chains, Zachary A. Collier, Thomas L. Polmateer, James H. Lambert

CESUN Conference

Modern cyber-physical systems are enabled by electronic hardware and embedded systems. The security of these sub-components is a concern during the design and operational phases of cyber-physical system life cycles. Compromised electronics can result in mission-critical failures, unauthorized access, and other severe consequences. As systems become more complex and feature greater connectivity, system owners must make decisions regarding how to mitigate risks and ensure resilience and trust. This paper provides an overview of research efforts related to assessing and managing risks, resilience, and trust with an emphasis on electronic hardware and embedded systems. The research takes a decision-oriented perspective, drawing …

The Effects Of Customer Segmentation, Borrowers' Behaviours And Analytical Methods On The Performance Of Credit Scoring Models In The Agribusiness Sector, Daniela Lazo, Raffaella Calabrese, Cristian Bravo Roman

Statistical and Actuarial Sciences Publications

The main aim of this study is to analyse the joint effects of customer segmentation, borrowers' characteristics and modelling techniques on the classification accuracy of a scoring model for agribusinesses. To this end, we used data provided by a Chilean company on 161,163 loans from January 2007 to December 2013. We considered random forest, neural network and logistic regression models as analytical methods. Regarding the borrowers' profiles, we examined the effects of socio-demographic, repayment-behaviour, agribusiness-specific and credit-related variables. We also segmented the customers as individuals, SMEs and large holdings. As the segments show different risk behaviours, we obtained a better …

2020-2021 Annual Security And Fire Report - Weatherford Campus, Southwestern Oklahoma State University

ANNUAL SECURITY & FIRE REPORTS

This is the 2020-2021 Annual Security and Fire Report of the Sayre Campus by Southwestern Oklahoma State University.

2020-2021 Annual Security And Fire Report - Sayre Campus, Southwestern Oklahoma State University

ANNUAL SECURITY & FIRE REPORTS

This is the 2020-2021 Annual Security and Fire Report of the Sayre Campus by Southwestern Oklahoma State University.

Secondary Risk Theory: Validation Of A Novel Model Of Protection Motivation, Christopher L. Cummings, Sonny Rosenthal, Wei Yi Kong

Research Collection College of Integrative Studies

Protection motivation theory states individuals conduct threat and coping appraisals when deciding how to respond to perceived risks. However, that model does not adequately explain today's risk culture, where engaging in recommended behaviors may create a separate set of real or perceived secondary risks. We argue for and then demonstrate the need for a new model accounting for a secondary threat appraisal, which we call secondary risk theory. In an online experiment, 1,246 participants indicated their intention to take a vaccine after reading about the likelihood and severity of side effects. We manipulated likelihood and severity in a 2 × …

Health Risk Assessment For Heavy Metals In Chao Phraya River Basin, Natthanicha Nateekhuncharoen

Chulalongkorn University Theses and Dissertations (Chula ETD)

Heavy metal contamination has become a serious concern due to its toxicity not only on ecosystems but also directly on human health. The Chao Phraya River Basin is the main area important for commerce, industries, and residence in Thailand. This study aimed to evaluate the impact on human health due to heavy metal contamination and identify the relationship between land use and heavy metal contamination in the Chao Phraya River. Pearson correlation was applied to analyze the relationship between heavy metal concentration and water parameters. The results indicated that during 2009-2013, Fe concentration positively correlated to turbidity (0.640), total phosphate …

Identifying Scotomata In Hazard Identification Caused By Ignorance And Overconfidence, Allen Johanson

Masters Theses

The manufacturing and construction industries are two of the most dangerous professions, and employees are frequently exposed to hazards and hazardous conditions which can lead to serious injury or even death. An observed phenomenon, frequently called the Dunning-Kruger Effect states that unskilled people are often unaware of their shortcomings and those with the higher-level skills often underestimate their abilities. This study examines employees’ training, years of experience, and performance to gauge any correlations among these variables in the area of hazard awareness. The goal of this study is to help individuals to recognize blind spots in their knowledge to identify …

Influence Of The Inherent Safety Principles On Quantitative Risk In Process Industry: Application Of Genetic Algorithm Process Optimization (Gapo), Mehdi Jahangiri, Abolfazl Moghadasi, Mojtaba Kamalinia, Farid Sadeghianjahromi, Sean Banaee

Community & Environmental Health Faculty Publications

Inherent safety (IS) refers to a set of measures that enhance the safety level of processes and equipment, rendering additional equipment and/or add-ons. The early design phase of processes is suited best for implementation of IS strategies as some of such strategies either are impossible to be implemented at the operation phase or substantially increase costs. The purpose of this study is to present a new approach called genetic algorithm process optimization (GAPO), by which processes can be made inherently safer even at the operation phase. This study simulates the IS principle, assessing its impact on quantitative risk and the …