scholarly journals Development and Selection of Risk Response Strategy in Projects: An Analysis of Recent Literature

2019 ◽  
pp. 1-10
Author(s):  
Carmen Nadia CIOCOIU ◽  
Emilian Cristian IRIMESCU ◽  
Vasile Emil ȘTEFAN
Keyword(s):  
Recent Literature ◽  
Response Strategy ◽  
Risk Response ◽  
Selection Of

The Value of Brand Fans during a Crisis: Exploring the Roles of Response Strategy, Source, and Brand Identification

2021 ◽  
pp. 232948842199969
Author(s):  
Hayoung Sally Lim ◽  
Natalie Brown-Devlin
Keyword(s):  
Social Media ◽  
Experimental Design ◽  
Crisis Communication ◽  
Word Of Mouth ◽  
Crisis Response ◽  
Response Strategy ◽  
Brand Identification ◽  
Communication Source ◽  
Practical Implications ◽  
Selection Of

Using a two (crisis response strategy: diminish vs. rebuild) × three (source: brand organization vs. brand executive vs. brand fan) experimental design, this study examines how brand fans (i.e., consumers who identify with a brand) can be prompted to protect a brand’s reputation during crises and how the selection of a crisis spokesperson can influence consumers’ evaluations of the crisis communication. Being buffers for their preferred brands, brand fans are more likely to accept their brand’s crisis response and engage in positive electronic word-of-mouth on social media. Brand fans are more likely to evaluate other brand fan’s social media accounts as a credible crisis communication source, whereas those who are not brand fans are more likely to evaluate brand and/or brand executives as credible. Findings provide theoretical applications in paracrisis literature pertaining to social media but also practical implications for brand managers to strategically utilize brand fans in crisis communication.

scholarly journals Risk analysis and strategic planning on bridge construction works at the toll road procurement projects in Central Java Province

2018 ◽  
Vol 49 ◽  
pp. 02020
Author(s):  
Hery Suliantoro ◽  
Nurul Fitriani ◽  
Bagus Hario Setiadji
Keyword(s):  
Avoidance Response ◽  
Construction Projects ◽  
Construction Project ◽  
Weather Forecast ◽  
Development Project ◽  
Response Strategy ◽  
Bridge Construction ◽  
Risk Response ◽  
Toll Road ◽  
The Impact

Risk is a condition caused by uncertainty. Risks will occur on any construction project, including bridge construction projects. Efforts that can be taken to minimize the impact of these risks are to engage in risk management activities. This research was conducted on bridge construction work on toll road procurement project in Pejagan-Pemalang, Pemalang-Batang and Salatiga-Kertasura. The purpose of this research is to analyze the risk of bridge development project in toll road project using Risk Breakdown Structure (RBS) method and then the result as database in discussing risk response strategy. The bridge construction project has 36 risks that are divided into six groups: materials and equipment, design, human resources, finance, management, nature and environmental conditions. Bad weather risks are the higest risk and seasonal risk causing temporary work stoppages. This risk-response strategy is avoidance. Short-term avoidance response strategy is to add shift workers, install tents and add additives in the acceleration of the process of maturation of concrete. The long-term avoidance response strategy is to evaluate and rearrange the work schedule by considering the weather forecast report.

Application of Immunohistochemistry to Liver and Gastrointestinal Neoplasms: Liver, Stomach, Colon, and Pancreas

2008 ◽  
Vol 132 (3) ◽  
pp. 490-499 ◽  
Author(s):  
Stephen A. Geller ◽  
Deepti Dhall ◽  
Randa Alsabeh
Keyword(s):  
Gastrointestinal Tract ◽  
Personal Experience ◽  
Recent Literature ◽  
Malignant Tumors ◽  
Chemotherapeutic Agents ◽  
Gastrointestinal System ◽  
Data Sources ◽  
Gastrointestinal Neoplasms ◽  
Metastatic Neoplasm ◽  
Selection Of

Abstract Context.—Immunohistochemistry has become an integral component of the practice of pathology. Newer antibodies allow for increasingly precise diagnoses for tumors that previously could not be easily identified. Recently, immunohistochemical evaluations have begun to allow pathologists to actively assist in determining prognosis and even in selecting therapies. Objective.—To summarize the usefulness of currently available immunostains for the study of liver and gastrointestinal system neoplasms and to make recommendations for panels of immunostains that can be particularly helpful. Data Sources.—Information has been collected from recent literature as well as from personal experience and practice. Conclusions.—Many immunostains are now available for the practicing pathologist that allow for increasing accuracy in diagnosis of liver and gastrointestinal tract neoplasms. Panels of immunostains can be used to differentiate between various tumors and also to identify site of origin in the case of a metastatic neoplasm. Immunostains that allow for prognostic determinations and for guidance in the selection of chemotherapeutic agents can also be used by pathologists to assist in the management of patients with malignant tumors affecting the liver and gastrointestinal tract.

scholarly journals An Integrated MCDM Approach to Train Derailment Risk Response Strategy Selection

Symmetry ◽  
2019 ◽  
Vol 12 (1) ◽  
pp. 47 ◽  
Author(s):  
Huafeng Zhang ◽  
Quanxin Sun
Keyword(s):  
Decision Making ◽  
Evaluation Criteria ◽  
Low Frequency ◽  
Response Strategy ◽  
Expert Advice ◽  
Rolling Stock ◽  
Economic Losses ◽  
Train Derailment ◽  
Risk Response ◽  
Risk Management Process

Train derailment can mainly cause not only economic losses in the shape of mangled rolling stock or infrastructure, but also more severely in causalities and disruptions of operations, yielding great impact on the sustainable development of railway industry. Considering various complex and symmetrical operational environments, as well as the characteristics of low frequency and high consequences of derailment accidents, risk response is undoubtedly underlined as one of the most critical components of risk management process. However, in practice, risk response does not receive enough attention in comparison with risk assessment that it lacks mature models and tools for selecting optimal strategy. This study constructs an integrated Multi Criteria Decision-Making (MCDM) model for the selection of optimum train derailment risk response strategy for the first time. In the model, decision making trial and evaluation laboratory (DEMATEL) technology is connected with analytical network process (ANP) to obtain evaluation criteria and their relative weights, and both of the two methods can deal with the complex coupling relationship between the indicators in the system. Then, technique for order performance by similarity to ideal solution (TOPSIS) is proposed to screen the optimum plan in the proposed model. Further, the Delphi method is used through the whole process to acquire expert advice. In the end, this model is used to select shunting derailment risk response strategies in Huangyangcheng station, and the final results demonstrate that this technology is simple and practical, and can provide a credible and practical tool for railway safety managers and engineers to choose the best risk response strategy.

Frontier Models and Their Application to the Sports Industry

2012 ◽  
pp. 117-134 ◽  
Author(s):  
Young Hoon Lee
Keyword(s):  
Large Time ◽  
Recent Literature ◽  
Stochastic Frontier ◽  
Team Sports ◽  
Extensive Discussion ◽  
Sports Industry ◽  
Efficiency Estimation ◽  
Input Variables ◽  
Percentile Bootstrap ◽  
Selection Of

This article presents an extensive discussion of stochastic frontier “effects” models, which analyze factors influencing efficiency. The recent literature on team sports efficiency is also addressed. It offers an overview of the stochastic frontier model and equations for general models. It then compares various models that may be useful in analyses of determinants of efficiency and the effects models. The methodologies for inference within team efficiency estimation are explained. Additionally, a more detailed discussion of frontier models with time-varying efficiency is shown. The confidence interval from the percentile bootstrap should be precise enough for panel data with sufficiently large time-series observations because a bias problem is less likely. The discussion of the selection of input variables revealed that team playing talents can be decomposed into positional playing talents that have different roles in the process of producing output (producing wins).

scholarly journals Managing Environmental and Operational Risks for Sustainable Cotton Production Logistics: System Dynamics Modelling for a Textile Company

Logistics ◽  
2020 ◽  
Vol 4 (4) ◽  
pp. 34
Author(s):  
M. Ali Ülkü ◽  
Melek Akgün ◽  
Uday Venkatadri ◽  
Claver Diallo ◽  
Simranjeet S. Chadha
Keyword(s):  
System Dynamics ◽  
Unit Cost ◽  
Plant Diseases ◽  
Response Strategy ◽  
Sustainable Supply Chain ◽  
Cotton Production ◽  
Production Logistics ◽  
Risk Response ◽  
Operational Risks ◽  
Scenario Analyses

Effective management of cotton production logistics (CPL) against volatile environmental conditions while maintaining product quality and yield at acceptable costs has become challenging due to increasing global population and consumption and climate change. In CPL, the harvesting, processing, and storage of cotton are all linked, prone to various environmental risks (e.g., flooding) and operational risks (e.g., excess spraying of pesticides). Thus, it is crucial for a resilient and sustainable supply chain management to prioritize risks and chart suitable risk response strategies. For a CPL, we employ a system dynamics (SD) approach to investigate the likelihoods of environmental and operational risks and their impacts in four dimensions: variable costs, fixed costs, quality performance, and yield. Using the case of a textile company in Turkey, we demonstrate an end-to-end framework for mitigating CPL risks. SD simulation results show that increases in seed prices and machine and equipment breakdowns are the risks that most affect the unit cost, whereas pests and plant diseases most hurt cotton harvest yield. Via scenario analyses, we demonstrate that a proper risk response strategy, compared to doing nothing, may reduce variance in cotton quality by about 35% at the expense of about an 11% increase in unit cost variability.

The Value of Waste

Leonardo ◽  
2018 ◽  
Vol 51 (2) ◽  
pp. 181-182
Author(s):  
Michel van Dartel ◽  
Anne Nigten
Keyword(s):  
Recent Literature ◽  
Value Systems ◽  
Art And Design ◽  
Material Condition ◽  
A Value ◽  
Global Issue ◽  
Selection Of ◽  
The Way

This paper argues that a first step in finding a sustainable solution for the pressing global issue of ‘waste’, is to consider waste a value attribution rather than a material condition. Doing so means a shift in focus from finding more efficient ways to ‘clean up the mess’ to changing the way in which value is attributed to things. The paper looks at a selection of recent literature on value systems to identify useful concepts and theory for a value-based solution to waste and proposes to probe such potential solutions through art and design.

Private partner's risk response in PPP low-cost housing projects

2014 ◽  
Vol 32 (1) ◽  
pp. 67-94 ◽  
Author(s):  
Surangkana Trangkanont ◽  
Chotchai Charoenngam
Keyword(s):  
Life Cycle ◽  
Risk Mitigation ◽  
Low Cost ◽  
Response Strategy ◽  
Private Firms ◽  
Content Type ◽  
Risk Response ◽  
Project Life Cycle ◽  
Low Cost Housing ◽  
Project Life

Purpose – The purpose of this paper is to identify the salient risks borne by private firms and to investigate their effective risk response strategies in public-private partnership (PPP) low-cost housing (LCH) projects in Thailand. Design/methodology/approach – The paper employs grounded theory and case study methodologies to extensively analyze ten private firms’ risks and their strategic risk mitigation. As a result, the matrix of imperative risks’ root causes and the area of the project life cycle most exposed to their impacts were proposed. This included the framework of the risk response strategy application. Findings – The private firm's risk mitigation strategies depended on the salient risks’ impact and the private firms’ predictability and controllability of the risk outcome. This included the private firm's participating objectives and core business, decision maker's risk attitude, risk perception, experience of risk, and risk assessment skill, and the project life cycle phase of risk occurrence. Practical implications – Under the same characteristics of the immature PPP market in developing countries, the contractors’ effective risk management framework can be used as a guideline to complement the contractors’ decision making on risk response strategy selection and resource allocation in the PPP project life cycle. Originality/value – Despite working under the familiar environment of construction risk and generous payment method in PPP-LCH projects, only few contractors were successful. The examination of risks borne and effectively responded by the private sector increases the likelihood of the project success.

scholarly journals COMPREHENSIVE RISK MANAGEMENT USING FUZZY FMEA AND MCDA TECHNIQUES IN HIGHWAY CONSTRUCTION PROJECTS

2016 ◽  
Vol 23 (2) ◽  
pp. 300-310 ◽  
Author(s):  
Mohsen AHMADI ◽  
Kourosh BEHZADIAN ◽  
Abdollah ARDESHIR ◽  
Zoran KAPELAN
Keyword(s):  
Construction Projects ◽  
Fuzzy Ahp ◽  
Highway Construction ◽  
Response Strategy ◽  
Construction Technology ◽  
Risk Response ◽  
Best Response ◽  
Fuzzy Fmea ◽  
Target Values ◽  
Risk Event

This paper presents a comprehensive framework to manage the main risk events of highway construction pro­jects within three stages: (1) identification of potential risks; (2) assessment and prioritisation of identified risks based on fuzzy FMEA; (3) identification of appropriate response. The main criteria analysed for prioritising potential risk events are cost, time and quality which are quantified and combined using fuzzy AHP. A new expert system is suggested for identifying an appropriate risk response strategy for a risk event based on risk factor, control number and risk alloca­tion. The best response action for a risk event is then identified with respect to the same criteria using “scope expected deviation” (SED) index. The proposed methodology is demonstrated for management of risk events in a construction project of Bijar-Zanjan highway in Iran. For the risk event of “increase in tar price”, deviation from the target values of the criteria is analysed for business-as-usual state plus two risk response actions using SED index. The results show that the response action of “changing paving construction technology from asphalt pavement to RCC pavement” can success­fully cope with the risk event of “increase in tar price” and have the minimum deviation.

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