Designing Risk Qualitative Assessment on Fiber Optic Instalation Project in Indonesia

Author(s):  
Devi Pratami

A project always has risks that can lead to project failure. In the project, a risk analysis is required to provide an evaluation for the project to proceed as planned. In the event of inadequate planning and ineffective control, it will result in irregularities identified as a risk to the project. This study aims to analyze the qualitative risk on Fiber Optic Installaion project in Sukabumi, West Java, Indonesia. In addition, risk assessment is undertaken on project implementation. Assessment of risk using the impact and probability to measure the impact of risk occurrence. The impacts are more detailed by classified by time impact, cost impact, quality impact, safety and security impact, proximity. The result is there are 36 risk that may occur and mostly risks are associaated by quality and safety&security impact.

2018 ◽  
Vol 2 (02) ◽  
pp. 44-56
Author(s):  
Devi Pratami ◽  
Fachri Fadlillah ◽  
Imam Haryono ◽  
Ageak Raporte Bermano

A project always has risks that can lead to project failure. In the project, a risk analysis is required to provide an evaluation for the project to proceed as planned. In the event of inadequate planning and ineffective control, it will result in irregularities identified as a risk to the project. This study aims to analyze the qualitative risk on Fiber Optic Installaion project in Sukabumi, West Java, Indonesia. In addition, risk assessment is undertaken on project implementation. Assessment of risk using the impact and probability to measure the impact of risk occurrence. The impacts are more detailed by classified by time impact, cost impact, quality impact, safety and security impact, proximity. The result is there are 36 risk that may occur and mostly risks are associaated by quality and safety&security impact. Keywords—  risk assessment, qualitative analysis, Project, fiber optic.


2014 ◽  
Vol 2014 ◽  
pp. 1-10 ◽  
Author(s):  
R. Chazya ◽  
J. B. Muma ◽  
K. K. Mwacalimba ◽  
E. Karimuribo ◽  
E. Mkandawire ◽  
...  

A qualitative risk assessment was performed to evaluate the risk of introducing Peste des petits ruminants virus into northern Zambia from Tanzania via live goat trade. Data was collected during a mission to Tanzania and northern Zambia and also from literature and interviews with experts. The risk of PPRV introduction was evaluated as a function of the probability of hazard (PPRV) release, exposure of susceptible hosts, and the consequences of spread using the following parameters: prevalence of infection, volume of trade, C-ELISA and quarantine screening missing an infected animal, PPRV viability (remaining infective) in transit, and the virus potential for infection. The magnitude of the consequences was derived from the probability of transmission and spread and the impact of PPRV introduction and establishment. Accordingly, the probability of occurrence of PPRV in northern Zambia from Tanzania was rated as “high” and the economic consequences were also rated as “high.” Finally, the overall risk of introducing PPRV into northern Zambia from Tanzania at the time of the assessment was rated “high.” It was concluded that import of goats and sheep be prohibited until efficient and adequate measures to reduce the risk have been put in place.


2018 ◽  
Vol 36 ◽  
pp. 01007
Author(s):  
Izabela Skrzypczak ◽  
Janusz P. Kogut ◽  
Wanda Kokoszka ◽  
Grzegorz Oleniacz

This article concerns the reliability and safety of building structures in mining areas, with a particular emphasis on the quantitative risk analysis of buildings. The issues of threat assessment and risk estimation, in the design of facilities in mining exploitation areas, are presented here, indicating the difficulties and ambiguities associated with their quantification and quantitative analysis. This article presents the concept of quantitative risk assessment of the impact of mining exploitation, in accordance with ISO 13824 [1]. The risk analysis is illustrated through an example of a construction located within an area affected by mining exploitation.


Author(s):  
Izabela Skrzypczak ◽  
Wanda Kokoszka ◽  
Janusz Kogut

Landslides are environmental processes that lead to natural disasters or technical failures, the effects of which usually threaten the life, health and property of people. In the classification of natural disasters and hazards that occur in the world, landslides are in fifth place, both in the number of casualties and material losses. Continuous surveillance and risk assessment is a very important issue in preventing the effects of natural disasters. The paper presents the causes of landslides, the classification of landslides, several examples of landslides and damage caused by landslides. Here, the occurrence of landslides as climatic events is given, as well as geological and anthropogenic factors of landslides. The paper indicates risk assessment methods in case of landslide hazard. The risk analysis developed here is presented for selected landslides from the Subcarpathian province.


2018 ◽  
Vol 5 (6) ◽  
pp. 50-60
Author(s):  
S. M. Bychkova ◽  
A. A. Butina

The content of the concept and features of applied projects in the framework of the development of the Information Economy is considered. The tasks of applied projects are defned. The main categories of applied projects are identifed according to the method of their fnancing when they are introduced into the Information Society. The main tasks that are solved by organizations during the implementation of applied projects are considered. The main risks of application of the applied projects are systematized depending on their type. The essence of each risk and threat for the company is described for all categories of the applied projects. Three groups of risk scenarios have been identifed. The factors on the basis of which the decision is made to unconditionally abandon the implementation of the applied projects are established. A multi-criteria model of primary risk assessment and the possibility of its occurrence in the implementation of the applied projects has been developed. Examples of evaluating the prospects of implementation for each category of the applied projects are proposed. In the framework of the above-mentioned risks of project implementation, a number of factors (risk assessment values) are identifed, on the basis of which an unambiguous decision is made about the inexpediency of further assessment and implementation of proposed applied projects in the company (STOP factors). The list of STOP factors is established for each project individually in view of the features of each applied project. However, a number of universal STOP factors can be identifed (low% EBT on a project and a high risk of receivables that cannot be repaid or overdue, which may adversely affect the cash flow of the applied project under consideration). As part of the implementation of the applied projects, various categories of applied projects have been allocated, depending on the costs that the company is undergoing. Each category of the applied projects has specifc risks that, to a greater or lesser extent, limit the company’s ability to implement projects. The values of risks that can clearly signal at the evaluation stage of applied projects about the inexpediency of considering the possibility of implementing the applied projects in their current form without any changes have been determined.


Author(s):  
Patrycja Koza ◽  
Jarosław Krzywański

The article presents a new method of risk assessment Risk Analysis. The first part of the article is an introduction that informs about the essence of risk assessment and addresses the lack of a parameter describing the impact of human behaviour on occupational risk in existing methods of risk assessment. The statistical information presented confirms the significant impact of human behaviour on the occurrence of an accident at work. The second chapter is devoted exclusively to the subject of risk assessment. The third chapter contains the main part of the article, i.e. the presentation of the author's own risk assessment method, which consists of an individually developed formula and parameters. The article presents the Risk Analysis method, as well as its features, which distinguish it from other methods. The method is characterized by accuracy, functionality, and an innovative approach to the subject of professional risk assessment.


2014 ◽  
Vol 2 (2) ◽  
pp. SC61-SC76 ◽  
Author(s):  
Rocky Roden ◽  
Mike Forrest ◽  
Roger Holeywell ◽  
Matthew Carr ◽  
P. A. Alexander

Essentially all companies exploring for oil and gas should perform a risk analysis to understand the uncertainties in their interpretations and to properly value order prospects in a company’s drilling portfolio. For conventional exploration in clastic environments, primarily sands encased in shales, a key component of the risk analysis process is evaluating direct hydrocarbon indicators, which can have a significant impact on the final risk value. We investigate the role AVO plays in the risk assessment process as a portion of a comprehensive and systematic DHI evaluation. Documentation of the geologic context and quantification of data quality and DHI characteristics, including AVO characteristics, is necessary to properly assess a prospect’s risk. A DHI consortium database of over 230 drilled prospects provides statistics to determine the importance of data quality elements, primarily in class 2 and 3 geologic settings. The most important AVO interpretation characteristics are also identified based on statistical results and correlated with well success rates. A significant conclusion is the relevance of AVO in risk analysis when it is the dominant component in the DHI portion of the risk. Critical in the risk assessment process is understanding the role AVO and DHI analysis play when prospects approach class 1 geologic settings. The impact that hydrocarbons have on the seismic response is significantly diminished in this setting versus the other AVO classes. All of these observations confirm the necessity of properly evaluating a prospect’s geologic setting and implementing a consistent and systematic risk analysis process including appropriate DHI and AVO components.


Author(s):  
Sergei Soldatenko ◽  
Sergei Soldatenko ◽  
Genrikh Alekseev ◽  
Genrikh Alekseev ◽  
Alexander Danilov ◽  
...  

Every aspect of human operations faces a wide range of risks, some of which can cause serious consequences. By the start of 21st century, mankind has recognized a new class of risks posed by climate change. It is obvious, that the global climate is changing, and will continue to change, in ways that affect the planning and day to day operations of businesses, government agencies and other organizations and institutions. The manifestations of climate change include but not limited to rising sea levels, increasing temperature, flooding, melting polar sea ice, adverse weather events (e.g. heatwaves, drought, and storms) and a rise in related problems (e.g. health and environmental). Assessing and managing climate risks represent one of the most challenging issues of today and for the future. The purpose of the risk modeling system discussed in this paper is to provide a framework and methodology to quantify risks caused by climate change, to facilitate estimates of the impact of climate change on various spheres of human activities and to compare eventual adaptation and risk mitigation strategies. The system integrates both physical climate system and economic models together with knowledge-based subsystem, which can help support proactive risk management. System structure and its main components are considered. Special attention is paid to climate risk assessment, management and hedging in the Arctic coastal areas.


2020 ◽  
Vol 22 (1) ◽  
pp. 6-12
Author(s):  
Nelia Volkova ◽  
◽  
Alina Mukhina ◽  

Abstract. Introduction. The issue of financial risk management of commercial banks is quite relevant today, because the activity of banks is the most risky of all. The presence of risks in banking can lead to unexpected losses, namely the loss of own resources. That’s why for the stable operation of the bank without loss the priority is to assess the financial risks, which is the basis for their further neutralization. Purpose. The purpose of the article is to develop conceptual provisions for assessment financial risks and justifying the need to neutralize them. Results. The article analyzes the impact of risks on the financial stability of a banking institution. The main methods of bank risk assessment are considered. All these include the statistical method, the analytical method, the expert method, the analogue method and the combined method. The necessity of neutralization of financial risks in order to avoid negative consequences is substantiated. Also the methods of bank risks neutralization are considered. It should be noted that these methods of neutralization can not only be used, but also supplement the list with new methods must be done, which in the future will protect the bank from the influence of undesirable factors. A conceptual approach to the assessment and neutralization of financial risks is proposed. This conceptual approach aims to ensure effective assessment of the level of risk with their subsequent neutralization Conclusions. Use of a conceptual approach will allow an effective risk assessment and decision-making to avoid or accept risk. Thanks to using this approach, the banking institution will be able to react swiftly to the presence of financial risks and to prevent the occurrence of negative consequences, which may lead to a violation of the financial stability of the bank.


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