scholarly journals Principles of structured risk management in rock engineering

2020 ◽  
Vol 53 (4) ◽  
pp. 329-341
Author(s):  
Johan Spross
Keyword(s):  
Risk Management ◽  
Practical Implementation ◽  
Observational Method ◽  
High Quality ◽  
Engineering Structures ◽  
Rock Engineering ◽  
Ground Conditions ◽  
Iso 31000 ◽  
Main Message ◽  
Engineering Projects

This article, based on a keynote lecture given at the Finnish Rock Mechanics Day 2019, discusses how structured risk management can be implemented to rock engineering projects. The suggested procedure is based on ISO 31000 and a recently published methodology for practical implementation of the standard to geotechnical engineering projects. The main message is that structured risk management is a key tool to achieve high-quality rock engineering structures. A key component for many projects will be the use of the observational method to cost-effectively reduce the lack of knowledge of the ground conditions during construction of the facility.

scholarly journals Principles of Risk-Based Rock Engineering Design

2019 ◽  
Vol 53 (3) ◽  
pp. 1129-1143 ◽  
Author(s):  
Johan Spross ◽  
Håkan Stille ◽  
Fredrik Johansson ◽  
Arild Palmstrøm
Keyword(s):  
Risk Management ◽  
Engineering Design ◽  
Work Conditions ◽  
Design Codes ◽  
Rock Engineering ◽  
Iso 31000 ◽  
Healthy Work ◽  
Rock Engineering Design ◽  
Generic Design ◽  
Practical Recommendations

Abstract In comparison with other types of construction, the development of rock engineering design codes has been slow. Codes must, however, be developed with relevant discipline-specific characteristics in mind. This paper, therefore, presents a generic design framework for rock engineering. The framework is based on the presumption that rock engineering design must be viewed as decision-making under uncertainty, which makes the design process subject to general risk management principles, as risk is defined as “effect of uncertainties on objectives” (ISO 31000). Thus, rock engineering design codes ultimately need to facilitate design processes that target the risk, to enable design of structures that not only are sufficiently safe and durable and cost-effectively constructed, but also imply safe and healthy work conditions during construction and an acceptably low environmental impact. The presented framework satisfies this fundamental requirement and the authors find codification of its principles to be rather straightforward, as long as the level of detail in the code is governed by a strict application of ISO’s general risk management principles. Further details on methods and practical recommendations can instead be supplemented in separate handbooks and application guidelines.

Strategies for Survival of the World — Risk Management

2019 ◽  
Vol 10 (4) ◽  
Author(s):  
Jovo Lojanica ◽  
Keyword(s):  
Risk Management ◽  
Native Americans ◽  
National Level ◽  
Country Level ◽  
Management Standards ◽  
Family Level ◽  
Future Challenges ◽  
Iso 31000 ◽  
History Of ◽  
Personal Level

All management standards have requirements for different aspects of improvements on the personal level, family level, company level, in business and life. What is about national level and country level? Is it possible for today’s generations to learn history of nations and of civilizations? If it is — ok, let’s apply it on actual time and people to have less problems and difficulties — especially if is actual in field of risk management. Majority of people are occupied by today’s problems. They don’t consider past and future challenges. People from each country strive for better quality, better and cleaner environment, higher safety etc. historically and today. But could we remember: How did Genghis Khan conquer many regions and how was he defeated? How did Mayas and Aztecs die out? How were Native Americans in North America drastically reduced in numbers? How did the Roman Imperium vanish? How was the Ottoman Imperium established and how it vanished? How many people were killed in the wars in XX century, etc? In all these catastrophic changes risks were not considered in an adequate way. Requirements of risk management — Principles and guidelines — ISO 31000:2009 are very consultative. They could be used on country level, national level, regional level, continental and intercontinental level.

Risk Management for Cultural Organizations.The Example of Agricultural Museums in the Czech Republic

2019 ◽  
Vol 3 (2) ◽  
pp. 111-122
Author(s):  
Michal Plaček ◽  
Milan Půček ◽  
František Ochrana ◽  
Milan Křápek ◽  
Ondřej H. Matyáš
Keyword(s):  
Risk Management ◽  
Czech Republic ◽  
Risk Model ◽  
Technical Support ◽  
High Quality ◽  
The Czech Republic ◽  
Managerial Practice ◽  
The Future

This paper deals with the analysis of risks which threaten the future sustainability and operations of agricultural museums in the Czech Republic. In the section on methodology, an applicable risk model has been proposed regarding the condition of museums in the Czech Republic. Using this model, the directors of agricultural museums can assess the most significant risks which may jeopardize the sustainability of museum operations over a three-year period. The greatest risks, according to museum directors, are a lack money for investment, the inability to retain high-quality staff, and issues with technical support for exhibitions. Assessing the importance of risk is positively associated with previous experiences of a particular type of risk, whereas the association of the importance of risk with previous managerial practice is rather inconclusive.

Does the hiring of chief risk officers align with the COSO/ISO enterprise risk management frameworks?

2017 ◽  
Vol 25 (3) ◽  
pp. 274-295 ◽  
Author(s):  
Erastus Karanja
Keyword(s):  
Risk Management ◽  
Enterprise Risk Management ◽  
Clear Understanding ◽  
Press Releases ◽  
Apparent Lack ◽  
Content Type ◽  
Business Operations ◽  
Enterprise Risk ◽  
The Press ◽  
Iso 31000

Purpose There are two main industry-sanctioned enterprise risk management (ERM) models, that is, COSO 2004 and ISO 31000:2009, that firms refer to when implementing ERM programs. Taken together, the two ERM models specify that firms should implement ERM programs to meet a strategic need, improve operations and reporting or to comply with government regulations or industry best practices. In addition, the focus of ERM implementation should be either the subsidiary, business unit, division, firm/entity or global level. The purpose of this study is to investigate whether firms are aligning their ERM implementations with these tenets: strategy, operations, reporting, compliance and the level of implementation. Design/methodology/approach The proxy for ERM implementation is the hiring of a Chief Risk Officer (CRO). The research data come from a sample of 122 US firms that issued a press release following the hiring of a CRO between 2010 and 2014. The press releases were retrieved and aggregated through content analysis in LexisNexis Academic. Findings The results reveal that many ERM implementations are occurring at the firm/entity level, and with the exception of reporting, firms consider ERM to be a strategic firm resource capable of improving business operations and compliance initiatives. Originality/value There is a dearth of research studies specifically investigating whether ERM programs adopted by firms are aligned with the specification of COSO 2004 and ISO 31000:2009 frameworks. The apparent lack of a clear understanding of the alignment between the firm ERM programs and the industry’s ERM frameworks may limit the development and implementation of ERM and the eventual realization of the benefits associated with a successful ERM implementation.

Risk management in the healthcare safety management system

2021 ◽  
Vol 3 (1) ◽  
pp. 41-53
Author(s):  
Yuriy Voskanyan ◽  
Irina Shikina ◽  
Fedor Kidalov ◽  
David Davidov ◽  
Tatiana Abrosimova
Keyword(s):  
Risk Management ◽  
Management System ◽  
Safety Management ◽  
Medical Organization ◽  
Safety Management System ◽  
Risk Management Process ◽  
Iso 31000 ◽  
Main Components ◽  
Processing Subsystem ◽  
To Receive

The paper discusses the main components of the modern system of risk management in medicine. Using the ISO 31000 standard of risk management and the ARIS integrated modeling environment, the authors have built a model of the risk management process in a medical organization, including the accounting subsystem, the risk analysis subsystem, and the risk processing subsystem. The concept of risk management proposed in the article is formulated on the basis of a system safety model, which assumes that adverse events related to the provision of medical care are based on systemic causes that under certain conditions turn into a hazard, and the latter is used to receive active threats and incidents. The risk management system is an executive block of the safety management system in a medical organization, which includes (in addition to risk management) an ideological block (a new safety culture) and an educational block (an organizational learning subsystem).

Risk management in the design of engineering projects as sociotechnical systems

2016 ◽  
Vol 4 (1-2) ◽  
pp. 85-99
Author(s):  
Bryan R. Moser ◽  
Ralph T. Wood ◽  
Kazuo Hiekata
Keyword(s):  
Risk Management ◽  
Sociotechnical Systems ◽  
Engineering Projects
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