risk management Articles

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Environmental Liability Management for a Large American University

by Antea Group - USA  (May 6, 2016)

Challenge A large American university recently acquired a two-hundred acre hospital property for the purpose of future developments. One fifth of the property was impacted by chlorinated solvents and petroleum. Antea Group was appointed to assume the liability, return the land to residential use, and abate the migration of contaminants with ...

How Transit Agencies Can Implement the FTA’s Safety Management System

by Intelex Technologies Inc.  (May 18, 2016)

In a recent blog post, we highlighted key aspects relating to the Public Transportation Safety Program. ...

How better weather forecasting can help stretch water supplies

by Ensia  (May 12, 2016)

Reservoir managers look to storm predictions to make smarter choices about dam operations Last year, New York City faced an unusual situation. An epic winter in the city’s Delaware River watershed brought heavy snow and very little rain. Stubborn cold meant there was no snowmelt to refill water-supply reservoirs, even as the city’s ...

Using Leading Indicators to Predict Safety Performance

by Intelex Technologies Inc.  (May 17, 2016)

Leading indicators have been used for years to predict the future. Meteorologists use barometric pressure to predict the weather, politicians use polls to inform their campaign strategies and doctors use elevated body temperature as an indicator of patient health. Therefore, the use of leading indicators to predict future safety performance is a ...

3 Things Overheard at the 2016 Petroleum Safety Conference

by Intelex Technologies Inc.  (May 11, 2016)

Last week, the ENFORM Petroleum Safety Conference (PSC) brought oil and gas safety professionals together once again to connect with each other in beautiful Banff. Held once a year, the conference draws hundreds of participants and vendors with one purpose in mind: honoring the moral – and legal – obligation of ensuring employee safety ...

Rotork valve actuators at hub of automated flood alleviation scheme - Case Study

by Rotork  (Jun. 28, 2015)

Overview An extended scope contract performed by Rotork Site Services has successfully delivered full automation of a flood alleviation scheme protecting the historic town of Cardigan in West Wales. The project involved replacing unreliable actuators from another manufacturer, installing a PLC control cabinet and interfacing with the existing ...

Managing risk of liquidity: a new dimension of risk management

by Inderscience Publishers  (Oct. 14, 2013)

Prudent liquidity risk management is a critical component of contemporary complex financial risk management. In the aftermath of the world financial crisis that started in 2007 the liquidity risk area received close attention from financial firms and regulators. The article begins with an introduction of the concept of liquidity risk management, a ...

International management and risk assessment

by Inderscience Publishers  (Dec. 7, 2010)

This article presents the US experience from periodical business failures and collapses of the financial markets. It could be a lesson for the Central and Eastern European countries on their economies during the post-transition era. International management is one of the strongest aspects of major US corporations, and risk management is their ...

Risk management and organised crime

by Inderscience Publishers  (Sep. 4, 2014)

As travel becomes more and more accessible for individuals, the potential for risk at destination will develop. As a potential way forward the education of stakeholders in the form of travellers offers policy makers a potential window to limit risk and enhance safety whilst engaging in travel. As a potential force for good, the actions of the ...

Supply chain risk management

by Inderscience Publishers  (Mar. 1, 2008)

The existing models utilise a mean value approach with deterministic failure cost to determine the optimal number of suppliers in the presence of supplier failure risks. The mean value approach assumes, the firm has a linear utility function with respect to the supply disruptions. For major disruptions that could threaten the survival of the firm, ...

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