risk management system Articles

  • Why Water Management Professionals Can’t Afford to Ignore Innovation

    Innovation in the water management industry is born from the collaboration between water managers, operators, engineers and manufacturers who set out to resolve problems or improve service levels that impact all parts of the supply chain. This is usually the result of early adopters either at the field level or in engineering ...


    By Singer Valve Inc.

  • Models for risk management of systems of systems

    This paper addresses the need for developing a body of prescriptive theory and methodology for modelling Systems of Systems (SoS). This will enable analysts to appropriately model and understand the SoS evolving behaviour due to the continued forced changes imposed on them. To place this need in historical perspective, the evolution of the field of systems engineering/analysis is briefly ...


    By Inderscience Publishers

  • Employee Health and Safety Involvement - Communicating with your Workforce

    Part of a recognised management system such as HSG65 or ISO 18001 is the requirement that companies strive for ‘continual improvement’. On the face of it this seems like an unquestionable positive, but its pursuit is not without pitfalls. These are intended to be productive exercises aimed at improving systems and safety. Unfortunately some companies tend to ...


    By Intelex Technologies Inc.

  • Compliance Trends in 2017: what to expect, how to prepare

    Looking back on 2016, it was without doubt a year of political upheaval and increased scrutiny on the environmental, social and human rights implications of government regulations, corporate practices and consumer habits. In 2017, these changes will fuel additional compliance considerations for corporate supply chains around the world. While the future is anything but certain, our regulatory ...


    By Assent Compliance Inc.

  • Healthy Habits - Improving Wellbeing on a Work Schedule

    As we firmly embrace 2017 crashing into these strange new numbers head on, many of us will be facing the harsh reality of our New Year resolutions; perhaps – just perhaps – in many cases feeling like we’ve promised just a little more than we can deliver. Taking an educated guess, it’s safe to assume many people’s plans will consist of some effort to get back into ...


    By SHEilds Ltd

  • 10 Reasons why you should continuously monitor low temperature and liquid chemical sterilants for worker safety

    1. Sterilant chemicals are highly toxic Low temperature and liquid chemical sterilants are designed to kill all microorganisms including resistant spores and if they were not toxic, they would not be effective in sufficiently high concentration to destroy all microbial life including the chemically resistant sporicidal forms of certain ...


    By ChemDAQ, Inc.

  • How a contract research lab advanced its polymer characterization capabilities

    Realizing the Advantages of Ultra-High-Performance Size Exclusion Chromatography Compared to GPC Intertek is a global provider of quality and safety services designed to help businesses improve products, assets and processes, overcome market constraints and reduce risks. From auditing and inspection, to testing, training, and certification, Intertek enables customers to meet end ...


    By Waters Corporation

  • Occupational Airborne Hazards and the Importance of Proper Respiratory Protection

    Each year, the United States Occupational Safety and Health Administration (OSHA) publishes a preliminary list of the 10 most frequently cited safety and health violations for the fiscal year.  It is comprised and compiled from thousands of workplace inspections conducted by federal OSHA staff from across the country.  Most years, one of the top 10 cited violations involves respiratory ...


    By Cochrane & Associates, LLC

  • Technical and safety practices

    Safety is absolutely paramount in the medical industry, with lives literally at stake if something were o go wrong. Regrettably, this was more than reinforced recently following the tragic news of a death of a newborn at a hospital in Sydney, Australia, after it was mistakenly administered nitrous oxide (N2O) instead of oxygen (O2) in July this ...


    By Geotech

  • Top 10 Compliance Storylines from 2016

    For the compliance sector, 2016 was a critical year. It was a year in which regional government bodies around the globe took on greater responsibility as gatekeepers of environmental and human rights standards in the corporate sector. It was also the year of the investor, where corporate decision makers became more concerned with transparency and accountability in supply chains. ...


    By Assent Compliance Inc.

  • Oil Sampling Best Practices (Part 2)

    Understanding Dynamic Particle Equilibrium in Closed Loop Systems Dynamic Equilibrium Condition (DEC) is defined as a steady state condition where the normal wear rate in a machine results in no net gain or loss of particles. ...


    By Spectro Scientific

  • Risk management of complex critical systems

    It is crucial to examine the changing panorama of vulnerabilities and criticalities in our increasingly interconnected world. Understanding the meaning of complexity and its implications allows us to see the interconnectedness of the world for enhanced risk management in technical and social systems. In this respect, a framework to assess complex systems is necessary to understand vulnerabilities ...


    By Inderscience Publishers

  • 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

  • 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

  • Systemic project risk management - the way ahead

    Project Risk Management (PRM) has become recognised as an important part of project planning and management. This paper briefly outlines the current state of PRM in design and development projects The development of PRM tools based upon project decompositions has brought significant benefits. For modern highly complex projects, however, this has proved to have significant flaws, particularly ...


    By Inderscience Publishers

  • Risk-based asset integrity management

    Within the area of management of process plant integrity, there has been a significant shift toward the adoption of risk-focused methods such as reliability centered maintenance (RCM) and risk based inspection (RBI), rather than following traditional preventative maintenance methods and prescriptive inspection intervals. There are various reasons for this trend, but the primary benefit that asset ...


    By ABS Consulting

  • Modelling and Managing Flood Risk and Flooding

    The UK’s prestigious Royal Society recently held a discussion group on the subject of Flood Management and Climate Change. With much of the Northern Hemisphere approaching the winter flooding season, we spoke to Wallingford Software’s David Fortune to find out the role of modelling in flood forecasting and flood management. He set out his ideas as follows: We must remember first that, while we ...


    By Innovyze

  • Multivariate methods in enterprise system implementation, risk management and change management

    This work is a first step towards the application of multivariate methods in risk management and change management in Enterprise System Implementation (ESI). ESI is characterised by concentrated efforts to integrate an IT system. Such projects typically experience unplanned problems and events, which may lead to major restructuring of the process. In this work, we rely on ESI theory developed by ...


    By Inderscience Publishers

  • Leveraging Chemical Data to Manage Risk

    Even if chemicals aren’t central to your business, their hazards are likely pervasive across your supply chain. In fact, chemicals are one of the primary drivers of environmental, health and safety risk in virtually every organization. Both EPA and OSHA provide regulatory guidance based on the types and quantities of chemicals present at your facility. The Department of Transportation and ...

  • 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. ...

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