risk management Articles

  • UV Minimises Risks for Major Food Retailers

    For many years, one of the UK’s largest food manufacturers has made it their business to be the best at producing all manner of bespoke cooked and raw, ready-to-eat vegetables and carbohydrates for their customers, who include chilled food manufacturers, food-to-go operators and, of course, major supermarkets. Being the best means not only complying with food quality standards set by ...


    By atg UV Technology

  • Health and safety risks at the workplace: a joint analysis of three major surveys

    This report presents the key findings of a joint analysis of EU-OSHA’s second European Survey of Enterprises on New and Emerging Risks (ESENER-2), Eurostat’s Labour Force Survey (LFS) 2013 ad hoc module on accidents at work and other work-related health problems, and Eurofound’s 6th European Working Conditions Survey (EWCS). The aim was to have a comprehensive ...

  • Managing risk of liquidity: a new dimension of risk management

    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 key component of the Basel III framework. The ...


    By Inderscience Publishers

  • The Myth of Heat Illnesses

    If you have not already had a safety talk in your workplace about heat stress and related illnesses, you probably will have one in the coming weeks.  Summer is around the corner and temperatures are warming up.  You will probably hear something about becoming acclimated to the heat slowly, and drinking plenty of water. But if that’s all that you have been told about warm outdoor ...

  • Keeping APCr out of Landfill

    The CIWM have recently featured an article by our very own Dr David Deegan in the latest edition of their magazine. The article explains why Tetronics International were unhappy to be informed recently that Defra ministers had taken the decision not to remove the ...

  • When Sound Becomes Noise

    Music to the ears of some can equally be perceived as unwanted, irritating noise to others – as illustrated by a recent news article about a Sydney pub forced to cancel live music on Sunday afternoons after five trouble-free years ...


    By Innova Global Limited.

  • Supply chain risk management

    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, the linearity assumption is questionable. ...


    By Inderscience Publishers

  • Risk management and organised crime

    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 mobile tourist could be harnessed and used as a ...


    By Inderscience Publishers

  • Foundations of integrated risk management

    This paper concentrates on broadening the concept of risk management beyond the considerations of cost, schedule and performance. The author uses his experience with NASA to provide both a foundation for an integrated risk management plan and a tentative plan. The plan integrates risk across both the temporal and the hierarchical dimensions.Keywords: integrated risk management, project ...


    By Inderscience Publishers

  • A solution to fracturing water supply and disposal issues

    “Water, water, everywhere, Nor any drop to drink.” –The Rime of the Ancient Mariner, Samuel Taylor Coleridge Many topics of conversation among oil and gas industry professionals are predictable – oil price trends, the “great shift change” imperiling the available workforce, and production quotas and caps from OPEC. Yet one pressing topic among those developing ...


    By Fairmount Santrol

  • Risk management versus incentives

    Portfolio theory indicates that risk management should take place at the group level. Hedging at the project level or in the individual business areas may lead to suboptimal results. However, the efficiency of a profit centre depends on its management's being able to influence factors that are crucial to the unit's financial results. Price hedging could be one such factor. In the wider ...


    By Inderscience Publishers

  • International management and risk assessment

    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 day-to-day concern. It emphasises the importance of ...


    By Inderscience Publishers

  • EHS and Operational Risk Management

    EHS and Operational Risk Management - a white paper exploring pro-active and integrated operational risk management strategy relied upon by successful businesses. Introduction Probably the most important factor in managing a successful business is the approach to risk management. Over recent years there has been a focus on managing financial risk. But risk goes beyond the finance function. The ...


  • Homeland Security: Managing the Risks

    Untitled Document Following the terrorist attacks on the World Trade Center in New York City on September 11, 2001, the U.S. ...

  • Are you taking big risks with your risk management?

    Introduction We like the word ‘professional’ – it gives us a sense of security. We have our accounts prepared by a qualified accountant, we use a lawyer to write a contract, and we go to a doctor for medical advice. So if your business or government agency needed to make a very important, risk-based decision would you make sure that the risk assessment was done by an ...


    By Vose Software

  • Risk and risk management in agriculture: an overview and empirical results

    The paper gives an overview of sources of risk and risk management strategies in agriculture. As risk is an inescapable fact of life, in particular in agriculture, farmers must try to manage risk effectively. Risk management is an integral part of good management of a farm, being a way to avoid losses and exploit opportunities. Results of a field survey with 731 Dutch livestock farmers are ...


    By Inderscience Publishers

  • An Australian innovation in emergency risk management

    A 1997/98 risk management study in flood-prone areas of central western Queensland was the first practical application of national emergency risk management guidelines based on the Australian/New Zealand risk management standard [1]. The paper reports on the study, its outcomes and its implications for future comprehensive and integrated emergency risk management programmes.Keywords: Australia, ...


    By Inderscience Publishers

  • Risk Management: Sustainably Managing a Common Resource

    Introduction Danfoss is a global manufacturer of hermetic compressors, pumps, valves, motors and other electrical control units. The company owns a major manufacturing facility located on a small island, Als, in the Baltic Sea. In 1983 the company was routinely withdrawing two million cubic meters of fresh water from the sole aquifer which supplies the entire island, home to 50,000 residents. ...

  • Risk management in information technology projects

    There are several studies on managing risks in information technology (IT) projects. Most of the studies identify and prioritise risks through empirical research in order to suggest mitigating measures. Although they are important to clients for future projects, these studies fail to provide any framework for risk management from IT developers' perspective. Although a few studies introduced a ...


    By Inderscience Publishers

  • Managing uncertainty in health risk assessment

    The process of risk (safety) assessment used to determine negligible-risk levels of human exposure to toxicants is subject to a number of sources of uncertainty. In addition to the common uncertainties related to high-to-low-dose extrapolation, interspecies extrapolation and intraspecies extrapolation, there can be uncertainty associated with extrapolation to alternative routes and durations of ...


    By Inderscience Publishers

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