1
Contemporary Approaches in Management of Risk in Engineering Organizations
Assignment-1
Literature review
Student name: Hari Kiran Penumudi
student id: 217473484
Table of Contents
2
INTRODUCTION………………………………………………………………………3-4
OBJECTIVES & DELIVERABLES…………………………………………………....4
REVIEW OF LITERATURE…………………………………………………………....5-13
Risk and Risk Management………………………………………………………5-6
Risk Management Frameworks……………………………………………….....6-10
Importance of Risk Management in Engineering………………………….........10-13
GENERAL PROBLEM STATEMENT…………………………………………………13-14
RESEARH STRATEGY…………………………………………………………………14-15
RESOURCES REQUIREMENTS……………………………………………………….16
PROJECT PLANNING…………………………………………………………………..16
REFERNCES…………………………………………………………………………….17-19
Contemporary Approaches in Management of Risk in Engineering Organizations
3
Introduction
The term, ‘risk’ as defined by the Oxford English dictionary is a possibility to meet with any
kind of danger or suffer harm. Risk is a serious issue that every organization has to deal with in
their everyday operations. However, nature and magnitude of risks largely vary from
organization to organization and often depend on the type of the organization. Therefore,
organizations irrespective of their type of operations keep a risk management team that looks
after every risk to which an organization is vulnerable. Organizations in the field of engineering
also have to come across some inherent risks that negatively impact their operations. Engineering
may be defined as the process of applying science to practical purposes of designing structures,
systems, machines and similar things. Therefore, like every other organization, risk assessment
and management is also an integral part of engineering organizations. Since the task of
engineering is mostly complex, the risks in this area are also very complicated. If risks in
engineering field are not mitigated effectively it may produce long-term danger that may affect
both the organizational services and the society in whole. Hence, the activity of risk management
within engineering organizations must be undertaken seriously and measured thoroughly in order
to reduce the threat of risks. Amyotte et al., (2006) simply puts it like within the engineering
practice, an inbuilt risk is always present. Studies have found that despite the knowledge of
inherent risks within the field and activity of engineering, organizations are not very aware in
imparting knowledge about risk management to their engineers. From this the need of education
regarding the risk management approaches arises. Therefore, this paper tries to find out
approaches to management of risks and importance of these approaches within the area of
engineering. Bringing on the contemporary evidence from the literature review related to risk
management approaches, the paper examines how those approaches can be helpful for
4 .
Running Head CURRENT TECHNIQUES IMPLEMENTED IN CONSTRUCTION INDUS.docxhealdkathaleen
Running Head: CURRENT TECHNIQUES IMPLEMENTED IN CONSTRUCTION INDUSTRY TO ELIMINATE SECURITY RISKS 2
CURRENT TECHNIQUES IMPLEMENTED IN CONSTRUCTION INDUSTRY TO ELIMINATE SECURITY RISKS 2
Current Techniques Implemented in the Construction Industry to Eliminate Security Risks
Group 4
Balaram Chekuri
Laxmi Sravani Vallurpallis
Mohan Kadali
Shivasai Pabba
Vaagdevi Jali
University of the Cumberlands
ITS835-41 Enterprise Risk Management
Residency Assignment Research Paper
Professor Dr. James C. Hyatt
10/20/2019
Statement of the Problem and it is Setting
Risk management has been one of the breakthroughs for the modern world, and at the same one of the intellectual achievements is the identification, transformation, or risk and going from a world that described risk as fate to a world that looks at risk as an area of study. Risk management is the utilization of risk analysis to come up with management strategies used to reduce risk. Whereby generally in project management there are the two techniques categories qualitative; that involves impact and probability assessment, expected value calculations and influence diagrams and quantitative; that typically focuses on the overall risk which is managed more with numerical approach, and has techniques such as decision trees, Monte Carlo analysis and sensitivity analysis (McNeil et al. 2015). In various fields, there is enormous risk faced, and at the same time, there is a corresponding quantitative technique that can be used to address the risk. The focus is on the quantitative risk management techniques; they are based on scientific, mathematical and statistical background, that promise to give thorough and detailed management and quantification of risk that is imperative for designing the response (Teixeira et al. 2015).
This paper, based on the construction industry, provides an overview of the analytic overview of different quantitative risk analysis techniques. There is a focus on building on the existing quantitative techniques that are best for the construction industry around the world when it comes to utilizing relevant techniques after a qualitative risk analysis. In addition to this, there is looking further into the techniques and their details.
Guiding Questions
· Does Your Risk Management Process Address Root Cause of Failure?
· Are there gaps in this field?
· What Does Your Business Performance Tell You About Risk?
· What Do Controls Tell You About Your Risks?
· The main focus is looking at the practitioners and researchers looking: at the reason why they should simplify the existing techniques?
· Which, at the same looks at the research gaps in this field and propose areas of further research for project risk management in construction, which will improve the existing techniques.
Assumptions
Project Risk manage ...
IS Project Risk Management: Risk Factors in IS Project ManagementEashani Rodrigo
IS project risk management research essay - Research on academic risk identification frameworks and industry practices on adoption and use of risk identification frameworks.
Abstract
Key Features
Assessment
Introduction
Measures
Figure 1. This is the Risk Assessment Matrix Chart on the basis of the overall scenario
(continued)
Discussion
Figure1. The overall scenario of Risk management analysis on basis of survey and guidelines :
Safety of Risk Management
Risk management is an activity which integrates recognition of risk, risk assessment, developing strategies to manage it, and mitigation of risk using managerial resources. Some traditional risk managements are focused on risks stemming from physical or legal causes (e.g. natural disasters or fires, accidents, death).
Financial risk management, on the other hand, focuses on risks that can be managed using traded financial instruments. Objective of risk management is to reduce different risks related to a pre-selected domain to an acceptable. It may refer to numerous types of threats caused by environment, technology, humans,
organizations and politics. The paper describes the different steps in the risk management process which methods are used in the different steps, and provides some examples for risk and safety management.
The risk management steps are:
1. Establishing goals and context ,
2. Identifying risks,
3. Analysing the identified risks,
4. Assessing or evaluating the risks,
5. Treating or managing the risks,
6. Monitoring and reviewing the risks and the risk environment regularly, and
7. Continuously communicating, consulting with stakeholders and reporting.
Some of the risk management tools are described in (IEC 2008) and (Oehmen 2005).
As per discussed about the overall visualisation of safety risk management we can conclude by the stated figure about the outcome of the risk factor in different zone or field of work .
The common concept in all definitions is uncertainty of outcomes. Where they differ is in how they characterize outcomes. Some describe risk as having only adverse consequences, while others are neutral.
One description of risk is the following: risk refers to the uncertainty that surrounds future events and outcomes. It is the expression of the likelihood and impact of an event with the potential to influence the achievement of an organization's objectives.
The phrase "the expression of the likelihood and impact of an event" implies that, as a minimum, some form of quantitative or qualitative analysis is required for making decisions
concerning major risks or threats to the achievement of an organization's objectives. For each risk, two calculations are required: its likelihood or probability; and the extent of the impact or consequences.
Establish goals and context:- The purpose of this stage of planning enables to understand the environment in which the
respective organization operates, that means to thoroughly understand the external environment and the internal culture of the organization.
Identify the risks :- Using the information gained from the context, particularly as cat.
Risk Assessment for Building Construction Sites in Myanmarijtsrd
In Myanmar, construction industries carry on to become safety first. There are many hazards and risks in construction that can cause employee injuries and illnesses. In order to be safe, risk assessment technique is widely used in international but less in Myanmar. So this paper aims to help what kind of risks can occur and to know how to reduce these risks by using additional controls. Firstly, it is required to collect data. Therefore, three construction companies in Mandalay Myanmar are chosen. Hazards are obtained from the observed data. Questionnaires concerned with likelihood and severity are collected from the project engineers in these sites. The results from questionnaires are used to evaluate the risks. The evaluated risks are reviewed whether these are acceptable or additional controls are required to reduce risks. On the basis of outcome results, risk prioritization number charts can be obtained. Thus, this study can provide for developing necessary controls to reduce risks and to be safe for construction industries. Nyein Nyein Thant | Zin Mar Soe "Risk Assessment for Building Construction Sites in Myanmar" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-5 , August 2019, URL: https://www.ijtsrd.com/papers/ijtsrd26655.pdfPaper URL: https://www.ijtsrd.com/engineering/civil-engineering/26655/risk-assessment-for-building-construction-sites-in-myanmar/nyein-nyein-thant
MBA 6941, Managing Project Teams 1 Course Learning Ou.docxaryan532920
MBA 6941, Managing Project Teams 1
Course Learning Outcomes for Unit VI
Upon completion of this unit, students should be able to:
4. Explore the dynamics of project teams.
4.1 Describe the positive and negative risks of a project and how they can affect the project team.
4.2 Identify risk response plans based on the key processes of project risk management and how
team members can play a role in these plans.
Reading Assignment
Chapter 14:
Risk
Unit Lesson
Project risk is an uncertain event in the future, and if it occurs, it will have a positive or negative impact on one
or more project objectives, including scope, schedule, cost, and quality. Risk may have one or more causes
such as requirement, assumption, and constraints or conditions that create the possibility of negative or
positive outcomes.
It is normal even for the extremely organized and most carefully planned project to run into unexpected
troubles. Several factors such as inadequate resources, the project environment, the project management
processes, and other facets can contribute to project risks. We will be able to anticipate some risks in
advance and come up with response plans; other risk events will occur unannounced during the project.
Team members can get sick or quit unexpectedly, sudden weather change can drastically limit your options,
and even resources that you are depending on may become unavailable. The purpose of risk management is
to identify potential problems that could cause concern for your project, analyze how likely and at what
frequency they will occur, take preventive actions for the ones you can avoid, and minimize the impacts and
probability for the ones you cannot avoid. There are two generalized types of risk:
business risk (risk of loss/threat or gain/opportunity) and
pure risk (only a risk of loss/threat)—are sometimes also called insurable risks and can include
events like fire, theft, personal injury, and other elements.
Opportunity (Positive Risk): These are the risks with positive effects. It is a favorable situation in the
organizational environment. Some examples include the arrival of new technology or the removal of an
international trade barrier. In addition, the fulfillment of a previously unfulfilled customer need may have a
significant positive impact on your project.
Threats (Negative Risk): These are external elements in the environment that arise from political, economic,
social, and technological (PEST) forces and can cause trouble for the business. Some examples can include
new regulations, increased trade barriers, or the emergence of substitute products.
A few additional threats include the following:
anything external that might cause problems, damage, or injury;
technological developments that may make your offerings obsolete;
market changes that may result from changes in customer needs, competitor’s moves, or
demographic shifts; or
the ...
Running Head CURRENT TECHNIQUES IMPLEMENTED IN CONSTRUCTION INDUS.docxhealdkathaleen
Running Head: CURRENT TECHNIQUES IMPLEMENTED IN CONSTRUCTION INDUSTRY TO ELIMINATE SECURITY RISKS 2
CURRENT TECHNIQUES IMPLEMENTED IN CONSTRUCTION INDUSTRY TO ELIMINATE SECURITY RISKS 2
Current Techniques Implemented in the Construction Industry to Eliminate Security Risks
Group 4
Balaram Chekuri
Laxmi Sravani Vallurpallis
Mohan Kadali
Shivasai Pabba
Vaagdevi Jali
University of the Cumberlands
ITS835-41 Enterprise Risk Management
Residency Assignment Research Paper
Professor Dr. James C. Hyatt
10/20/2019
Statement of the Problem and it is Setting
Risk management has been one of the breakthroughs for the modern world, and at the same one of the intellectual achievements is the identification, transformation, or risk and going from a world that described risk as fate to a world that looks at risk as an area of study. Risk management is the utilization of risk analysis to come up with management strategies used to reduce risk. Whereby generally in project management there are the two techniques categories qualitative; that involves impact and probability assessment, expected value calculations and influence diagrams and quantitative; that typically focuses on the overall risk which is managed more with numerical approach, and has techniques such as decision trees, Monte Carlo analysis and sensitivity analysis (McNeil et al. 2015). In various fields, there is enormous risk faced, and at the same time, there is a corresponding quantitative technique that can be used to address the risk. The focus is on the quantitative risk management techniques; they are based on scientific, mathematical and statistical background, that promise to give thorough and detailed management and quantification of risk that is imperative for designing the response (Teixeira et al. 2015).
This paper, based on the construction industry, provides an overview of the analytic overview of different quantitative risk analysis techniques. There is a focus on building on the existing quantitative techniques that are best for the construction industry around the world when it comes to utilizing relevant techniques after a qualitative risk analysis. In addition to this, there is looking further into the techniques and their details.
Guiding Questions
· Does Your Risk Management Process Address Root Cause of Failure?
· Are there gaps in this field?
· What Does Your Business Performance Tell You About Risk?
· What Do Controls Tell You About Your Risks?
· The main focus is looking at the practitioners and researchers looking: at the reason why they should simplify the existing techniques?
· Which, at the same looks at the research gaps in this field and propose areas of further research for project risk management in construction, which will improve the existing techniques.
Assumptions
Project Risk manage ...
IS Project Risk Management: Risk Factors in IS Project ManagementEashani Rodrigo
IS project risk management research essay - Research on academic risk identification frameworks and industry practices on adoption and use of risk identification frameworks.
Abstract
Key Features
Assessment
Introduction
Measures
Figure 1. This is the Risk Assessment Matrix Chart on the basis of the overall scenario
(continued)
Discussion
Figure1. The overall scenario of Risk management analysis on basis of survey and guidelines :
Safety of Risk Management
Risk management is an activity which integrates recognition of risk, risk assessment, developing strategies to manage it, and mitigation of risk using managerial resources. Some traditional risk managements are focused on risks stemming from physical or legal causes (e.g. natural disasters or fires, accidents, death).
Financial risk management, on the other hand, focuses on risks that can be managed using traded financial instruments. Objective of risk management is to reduce different risks related to a pre-selected domain to an acceptable. It may refer to numerous types of threats caused by environment, technology, humans,
organizations and politics. The paper describes the different steps in the risk management process which methods are used in the different steps, and provides some examples for risk and safety management.
The risk management steps are:
1. Establishing goals and context ,
2. Identifying risks,
3. Analysing the identified risks,
4. Assessing or evaluating the risks,
5. Treating or managing the risks,
6. Monitoring and reviewing the risks and the risk environment regularly, and
7. Continuously communicating, consulting with stakeholders and reporting.
Some of the risk management tools are described in (IEC 2008) and (Oehmen 2005).
As per discussed about the overall visualisation of safety risk management we can conclude by the stated figure about the outcome of the risk factor in different zone or field of work .
The common concept in all definitions is uncertainty of outcomes. Where they differ is in how they characterize outcomes. Some describe risk as having only adverse consequences, while others are neutral.
One description of risk is the following: risk refers to the uncertainty that surrounds future events and outcomes. It is the expression of the likelihood and impact of an event with the potential to influence the achievement of an organization's objectives.
The phrase "the expression of the likelihood and impact of an event" implies that, as a minimum, some form of quantitative or qualitative analysis is required for making decisions
concerning major risks or threats to the achievement of an organization's objectives. For each risk, two calculations are required: its likelihood or probability; and the extent of the impact or consequences.
Establish goals and context:- The purpose of this stage of planning enables to understand the environment in which the
respective organization operates, that means to thoroughly understand the external environment and the internal culture of the organization.
Identify the risks :- Using the information gained from the context, particularly as cat.
Risk Assessment for Building Construction Sites in Myanmarijtsrd
In Myanmar, construction industries carry on to become safety first. There are many hazards and risks in construction that can cause employee injuries and illnesses. In order to be safe, risk assessment technique is widely used in international but less in Myanmar. So this paper aims to help what kind of risks can occur and to know how to reduce these risks by using additional controls. Firstly, it is required to collect data. Therefore, three construction companies in Mandalay Myanmar are chosen. Hazards are obtained from the observed data. Questionnaires concerned with likelihood and severity are collected from the project engineers in these sites. The results from questionnaires are used to evaluate the risks. The evaluated risks are reviewed whether these are acceptable or additional controls are required to reduce risks. On the basis of outcome results, risk prioritization number charts can be obtained. Thus, this study can provide for developing necessary controls to reduce risks and to be safe for construction industries. Nyein Nyein Thant | Zin Mar Soe "Risk Assessment for Building Construction Sites in Myanmar" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-5 , August 2019, URL: https://www.ijtsrd.com/papers/ijtsrd26655.pdfPaper URL: https://www.ijtsrd.com/engineering/civil-engineering/26655/risk-assessment-for-building-construction-sites-in-myanmar/nyein-nyein-thant
MBA 6941, Managing Project Teams 1 Course Learning Ou.docxaryan532920
MBA 6941, Managing Project Teams 1
Course Learning Outcomes for Unit VI
Upon completion of this unit, students should be able to:
4. Explore the dynamics of project teams.
4.1 Describe the positive and negative risks of a project and how they can affect the project team.
4.2 Identify risk response plans based on the key processes of project risk management and how
team members can play a role in these plans.
Reading Assignment
Chapter 14:
Risk
Unit Lesson
Project risk is an uncertain event in the future, and if it occurs, it will have a positive or negative impact on one
or more project objectives, including scope, schedule, cost, and quality. Risk may have one or more causes
such as requirement, assumption, and constraints or conditions that create the possibility of negative or
positive outcomes.
It is normal even for the extremely organized and most carefully planned project to run into unexpected
troubles. Several factors such as inadequate resources, the project environment, the project management
processes, and other facets can contribute to project risks. We will be able to anticipate some risks in
advance and come up with response plans; other risk events will occur unannounced during the project.
Team members can get sick or quit unexpectedly, sudden weather change can drastically limit your options,
and even resources that you are depending on may become unavailable. The purpose of risk management is
to identify potential problems that could cause concern for your project, analyze how likely and at what
frequency they will occur, take preventive actions for the ones you can avoid, and minimize the impacts and
probability for the ones you cannot avoid. There are two generalized types of risk:
business risk (risk of loss/threat or gain/opportunity) and
pure risk (only a risk of loss/threat)—are sometimes also called insurable risks and can include
events like fire, theft, personal injury, and other elements.
Opportunity (Positive Risk): These are the risks with positive effects. It is a favorable situation in the
organizational environment. Some examples include the arrival of new technology or the removal of an
international trade barrier. In addition, the fulfillment of a previously unfulfilled customer need may have a
significant positive impact on your project.
Threats (Negative Risk): These are external elements in the environment that arise from political, economic,
social, and technological (PEST) forces and can cause trouble for the business. Some examples can include
new regulations, increased trade barriers, or the emergence of substitute products.
A few additional threats include the following:
anything external that might cause problems, damage, or injury;
technological developments that may make your offerings obsolete;
market changes that may result from changes in customer needs, competitor’s moves, or
demographic shifts; or
the ...
Carry out a systematic literature review on the application of macTawnaDelatorrejs
Carry out a systematic literature review on the application of machine learning in Banking risk management building on the work of Leo et al., 2019 (attached).
· 12-13 pages (excluding title page and reference pages)
· References must not be older than 2 years.
· APA 7.0
Carry out a
systematic
literature review on the application of machine learning in
Banking risk
management
building on the work of Leo et al., 2019 (attached).
·
1
2
-
1
3
pages (excluding title page and reference pages)
·
References must not be older t
han 2 years.
·
APA 7.0
Carry out a systematic literature review on the application of machine learning in
Banking risk management building on the work of Leo et al., 2019 (attached).
12-13 pages (excluding title page and reference pages)
References must not be older than 2 years.
APA 7.0
risks
Article
Machine Learning in Banking Risk Management:
A Literature Review
Martin Leo * , Suneel Sharma and K. Maddulety
SP Jain School of Global Management, Sydney 2127, Australia; [email protected] (S.S.);
[email protected] (K.M.)
* Correspondence: [email protected]; Tel.: +65-9028-9209
Received: 25 January 2019; Accepted: 27 February 2019; Published: 5 March 2019
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Abstract: There is an increasing influence of machine learning in business applications, with many
solutions already implemented and many more being explored. Since the global financial crisis,
risk management in banks has gained more prominence, and there has been a constant focus around
how risks are being detected, measured, reported and managed. Considerable research in academia
and industry has focused on the developments in banking and risk management and the current
and emerging challenges. This paper, through a review of the available literature seeks to analyse
and evaluate machine-learning techniques that have been researched in the context of banking risk
management, and to identify areas or problems in risk management that have been inadequately
explored and are potential areas for further research. The review has shown that the application of
machine learning in the management of banking risks such as credit risk, market risk, operational
risk and liquidity risk has been explored; however, it doesn’t appear commensurate with the current
industry level of focus on both risk management and machine learning. A large number of areas
remain in bank risk management that could significantly benefit from the study of how machine
learning can be applied to address specific problems.
Keywords: risk management; bank; machine learning; credit scoring; fraud
1. Introduction
Since the global financial crisis, risk management in banks has gained more prominence, and
there has been a constant focus on how risks are being detected, measured, reported and managed.
Considerable research (Van Liebergen 2017; Deloitte University Press 2017; Helbekkmo et al. 2013;
MetricStream 2018; Oliver Wyman 2017), both in academia and indus ...
What type of research study design is each of the following A.docxmecklenburgstrelitzh
What type of research study design is each of the following? And why
1. Clinically, radiologically, and electromyographic features in 6 children with joint
contractures (arthrogryposis) associated with congenital infection presumably caused by
rift valley virus was examined .
2. One hundred cases with new diagnosed cancer of oropharyngeal cancer and two hundred
normal patients without cancer to evaluate associations between human pox infection and
oropharyngeal cancer. Multivariate logistic-regression models were used.
3. 1.1 million French women recruited into the Million Women Study, aged 40-64 during
1995-2000, and followed up, on average, for 5.1 years for HIV incidence and 8.0 years for
cancer mortality.
4. 500 women recently diagnosed with lung cancer and 500 women without lung cancer are
interviewed about their diet and lifestyle
5. All members of a particular health fund are sent a questionnaire asking about their quality
of life over the past 4 weeks.
6. The rates of cancer in 50 countries worldwide are compared with their rates of obesity to
see if countries with higher levels of obesity also have higher cancer rates.
Student 1:
The case study of mining company called Akawini Copper is totally based on the hypothesis. The fundamental approach of enterprise risk management has been approved and improved in the Akawani copper. Enterprise risk management is based on the ISO 31000 (IS 2009) which is developed and implemented by the united minerals. At the time of due diligence previous to the acquisition, the team of the risk management for united minerals have studied the present approach to enterprise risk management at Akawini Copper. Some of the points that are identified by members of the risk management team are as follows:in place of the business risks, the risk management team has applied the process of formal risk assessment. This risk assessment will be done for once a year; there are different many processes and those processes will be applied for safety risks where these risks are not actually considered as the risks but it will generate a risk rating with the help of the matrix system that too for hazards; the annual internal audit plan is not grounded on the consequences and results of the enterprise risk management and are not really concentrating on assurance of many of the critical controls; the risk manager of the Akawini has been concentrated on the problem of the insurance and requested the company who are providing the offer of the external audit for the annual risk review (Lechner & Gatzert, 2017)
There are certain policies and systematic process for the treating risks and assessing are been used to support the primary decisions. The form of explicit risk management process is not included in any project management of the Akawini Company. For both safety risks and business risks, the systems of risk criteria has been used to cover the damaging consequences and appeared to b.
This Risk Management Standard is the
result of work by a team drawn from the
major risk management organisations in
the UK - The Institute of Risk
Management (IRM),The Association of
Insurance and Risk Managers (AIRMIC)
and ALARM The National Forum for
Risk Management in the Public Sector.
In addition, the team sought the views and
opinions of a wide range of other
professional bodies with interests in risk
management, during an extensive period
of consultation.
Project risk management model based on prince2 and scrum frameworksijseajournal
Agile methods grew out of the real-life project experiences of leading software professionals who
had experienced the challenges and limitations of traditional waterfall development
methodologies on projects after projects. The agile development frameworks are widely used and
they don’t contain any risk management techniques because it is believed that short iterative
development cycles will minimize any unpredictable impact related to product development [1],
[2]. However in larger projects or during development of complex products, especially in the
global environment, the need of proper risk management is required. From the audit perspective,
there is the clear control requirement “BAI01.10 Manage programme and project risk“ defined by
COBIT 5 that requires that project risks should be systematically identified, analysed, responded
to, monitored and controlled. Additionally the risks should be centrally recorded [3, p. 125].
Additionally, controlling risk in software projects is considered to be a major contributor to
project success [4].
The need to manage risks in agile project management is also identified by various authors.
The SOA principles from the agile project management perspective were used to create
a framework for understanding agile risk management strategies for global IT projects [5]. Main
risk models and frameworks used by software engineers are discussed with conclusion that
the risk management steps are required for delivery of quality software [6], [7]. Agile
methodologies don’t cover the risk management knowledge area that can be taken from project
management frameworks like PMBOK [8]. Risks related to global software development projects
using Scrum have been researched and a conceptual framework to mitigate them designed [9].
Also the increasing variety of security threats should be managed as risks in the agile
development projects [10], [11].
BBA 4226, Risk Management 1
Course Learning Outcomes for Unit II
Upon completion of this unit, students should be able to:
1. Examine the elements of the risk management process.
1.1 Illustrate the use of the risk management process.
2. Analyze the parameters used to categorize risks.
2.1 Categorize risks based on specific parameters.
Course/Unit
Learning Outcomes
Learning Activity
1.1 Unit II Scholarly Activity
2.1
Chapter 3
Unit II Lesson
Unit II Scholarly Activity
Reading Assignment
Chapter 3: Risk
Unit Lesson
We live in interesting and uncertain times, and they are only going to become more complex and risky as the
future unfolds. Individuals and organizations must adapt to an increasingly uncertain environment in order to
identify, mitigate, and survive potential damaging risks. Often, when we think of corporate risks, we think of
natural disasters (e.g., earthquakes and tornados) or even man-made disasters (e.g., fires or attacks such as
the one on September 11, 2001, an oil spill such as the one caused by BP in the Gulf of Mexico, or
information technology (IT) security breaches). Yet, we tend to forget man-made disasters such as the
financial crisis of 2008, which is considered one of the worst global financial crises of all time because of its
ripple effect around the world. We also tend to overlook disruptions in the supply chain of corporations that
could be equally distressing to a company’s survival. Because of the interconnectedness of the world, an
interruption of supplies in one side of the world can have very disruptive and lasting negative effects in
another side.
In today’s economy, many risks have an effect around the world. Thus, it is critical that corporations and
governments implement risk management strategies. First, however, let’s start with defining what risks are all
about.
Risk
Risk is defined as the probability and consequence of not achieving a specific goal. As an example, can the
project be completed within budget? Risk is the probability of loss or the expectation of an unfavorable
outcome as a result of a particular action. Risk is really a measure of future uncertainties or the combination
of an event occurring and the consequences of that event. Newsome (2014) noted that there are different
standards of risk definitions but settled on risks as the “changes, effects, and consequences” of an event’s
potential returns (p. 25). Thus, risk is associated with all future adverse outcomes of an action.
A good description of risks facilitates the understanding, identification, and analysis of risks (Newsome, 2014).
A detailed risk definition and description is the first step to identifying risks. An example of a structured
standardized version of risk description is depicted in Table 3.2 on page 29 of your textbook.
UNIT II STUDY GUIDE
Risk
BBA 4226, Risk Management 2
UNIT x STUDY GUIDE
Title
Components of Risk
Risk ...
The Risk Analysis and Security Countermeasure Selection updated 2023 doc 11.docxintel-writers.com
Risk Analysis and Security Countermeasure
Selection are two critical components of the overall security management process.
Let’s discuss each of these topics in detail:
Risk Analysis: Risk analysis is the process of identifying, assessing, and prioritizing potential risks and vulnerabilities that can impact an organization’s assets, operations, and objectives. It involves evaluating the likelihood of a risk occurring and estimating the potential impact or consequences if it does happen. The main steps involved in risk analysis include:
Risk Identification: Identifying and documenting potential risks and vulnerabilities that may pose a threat to the organization’s security.
Risk Assessment: Assessing the likelihood and impact of identified risks. This assessment helps prioritize risks based on their significance.
Risk Mitigation: Developing strategies and plans to minimize or eliminate identified risks. This may involve implementing security countermeasures, policies, procedures, or controls.
Risk Monitoring and Review: Regularly monitoring and reviewing the effectiveness of implemented risk mitigation measures and making adjustments as necessary.
Security Countermeasure Selection: Once the risks have been analyzed and prioritized, the next step is to select appropriate security countermeasures to mitigate or manage those risks. Security countermeasures are proactive measures put in place to prevent, deter, detect, or respond to security threats and vulnerabilities. The process of selecting security countermeasures involves:
Identifying Potential Countermeasures: Researching and identifying a range of security measures or strategies that can address the identified risks. These may include physical, technical, or administrative controls.
Evaluating Countermeasures: Assessing the effectiveness, feasibility, cost, and potential impact of each countermeasure in relation to the identified risks. This evaluation helps in determining the most appropriate countermeasures.
This presentation provides a comprehensive plan for implementing an enterprise risk management program. It covers the costs/benefits of an ERM program, the critical knowledge, skills and abilities of a Chief Risk Officer, a risk taxonomy for insurance firms, a hypothetical organizational structure for an electric utility, a sample risk register, and other useful information.
effective risk management systems can best be achieved in an atmosphere of trust.
Successful risk management provides assurance that the organisation’s objectives will be
achieved within an acceptable degree of residual risk.13 It also creates an environment in which
quality improvement occurs as the natural consequence of the identification, assessment and
elimination or minimisation of risk. Risk management can therefore also be considered as an
aspect of the organisation’s ongoing continuous quality improvement program.
PORM: Predictive Optimization of Risk Management to Control Uncertainty Probl...IJECEIAES
Irrespective of different research-based approaches toward risk management, developing a precise model towards risk management is found to be a computationally challenging task owing to critical and vague definition of the origination of the problems. This research work introduces a model called as PROM i.e. Predictive Optimization of Risk Management with the perspective of software engineering. The significant contribution of PORM is to offer a reliable computation of risk analysis by considering generalized practical scenario of software development practices in Information Technology (IT) industry. The proposed PORM system is also designed and equipped with better risk factor assessment with an aid of machine learning approach without having more involvement of iteration. The study outcome shows that PORM system offers computationally cost effective analysis of risk factor as assessed with respect to different quality standards of object oriented system involved in every software projects.
This Risk Management Standard is the result of work by a team drawn from the major risk management organisations in the UK, including the Institute of Risk management (IRM).
Furthermore, the group looked for the perspectives and assessments of a large number of other expert bodies with interests in risk the executives, during a broad time of meeting.
Risk management Phase 1-5 Individual Project
Table of Contents
Introduction 3
Project Outline 3
Project risk identification 4
Project risk assessment 6
Project Risks, Responses Strategy 7
Project Risks Monitoring & Control Plan 10
Project Risks WBS & Budget Updates 11
Project Risks, Communications Plan 11
References 12
Introduction
The project that is planned by the company is to divest and move into a global perspective. Let’s ay for instance a possible expansion in the expansion of an oil refinery plant, such as a sulphur plant, my project will be to research Savage Gulf Sulphur Services. The project is supposed to ensure that the company will generate more revenue, and then it shall move into a global perspective. With the project, the company shall also increase its production due to large demand generated by the new market in the globe. Every project is faced with a certain degree of risk in the activities that it takes in an organization. It is important for organizations should carry out risk assessment procedures that are inclined in ensuring that an effective strategy shall be formulated to eliminate risk. This paper will discuss the risk management strategy and the processes that are taken in the management of risk in an organizational structure.
Project Outline
The project is it intended to increase the organized capacity and move into the global market structure. This will involve the purchase of new factors of production such as land, investors and business owners invest large amounts of capital to such investments. The project will also
Risk management justification
Risk management is identified and can be described as an assesment that has all these prioritization of risks, the management of risk could involve precise coordination and ecomonical application strategies with ereasons to minimize, control and monitor the probability and impact of unfortunate events. Risk management also helps in maximization and the act of realization of opportunities. In an organizational structure, risk management has a variety of functions which makes it an important department in an organization, based on the many roles that the risk management. This is the implementation of a strong and effective risk management and controls within securities firm, a helps in promoting stability throughout the entire firm. Risk management controls are divided into two categories. The internal and external control categories help in providing useful and effective control systems. The internal controls help in protecting the firms against market, credit, operational and legal risks. Secondly, it helps in protecting the financial industry from all the systemic risks in the organization structure (Merna, 2008)
Risk management is useful in protecting the firm's customers from enormous and large non-market related losses such as misappropriation of resources, fraud and firm failure. Such failures can result in enormous risk in the organization. R ...
Value Engineering. Measuring and managing risks in the wind energy industryStavros Thomas
As wind turbines number increased around the world, the number of hazardous accidents is also rising, causing critics to question overall safety. A recent study from Anemorphosis Research Group reveals how wind power professionals manage risk, from current areas of concern to anticipated challenges.
1 Network Analysis and Design This assignment is.docxoswald1horne84988
1
Network Analysis and Design
This assignment is worth 30%.
Deadline: Mon, Week 12
Part A: HQ LAN Upgrade (35%)
Background:
ABC is a big company in the US. ABC has employed you as the IT officer of the company.
Your job is to analyse the performance of the HQ LAN, suggest changes to improve the
network performance and provide a report to your boss.
Settings:
Run all simulations for 30 minutes to simulate a working day.
The graphs should be time averaged
Duplicate scenario for each possible setup
Tasks:
1. Analyse the current performance of the HQ LAN for each level and comment on it.
You are required to show all relevant graphs. The graphs for each level can be
overlaid. (10%)
2. Some staffs are unhappy about the speed of the network. Anything that takes more
than 1 second is not desirable. You have decided to try the following to improve the
network performance. Show the relevant graphs and comment on the results: (5%)
a. Increase the link speeds of
i. HQ_Router1 to HQ_Router3 from 1 Gbps to 10 Gbps and
ii. HQ_Router2 to HQ_Router3 from 1 Gbps to 10 Gbps
b. Increase the LANs for level 1, 2 and 3 from 100 Mbps to 1 Gbps
c. Try out 1 other way that meets the requirement.
3. After meeting the requirement, the company has decided to purchase an Ethernet
Server and placed it in the HQ LAN. (10%)
a. Rename it to HQ Server
b. Use a 1Gbps link
c. Set Application: Supported Services to All
d. Set statistics to view the following:
i. Server DB Task Processing Time (Heavy)
ii. Server Email Task Processing Time (Heavy)
iii. Server HTTP Task Processing Time (Heavy)
iv. Server Performance Task Processing Time
e. Show the performance of the HQ Server with the required graphs and
comment on the results
f. Justify the location of the server
g. State at least 3 security measures you will take to protect the HQ LAN from
malicious attacks
4. What would you do so that all the 4 statistics of the HQ server are less than 0.025 s?
Show all relevant graphs. (3 marks)
2
5. Prepare a report and state the additional amount of money that is needed for the
changes you have made to meet the additional requirements. Refer to the given price
list in the Appendix. (7%)
a. Your report should include a content page, a summary of the addressed issues,
objectives, budgeting, proposed solutions and conclusion.
Part B: Network Design (65%)
Background:
Due to your excellent work in the analysis of the HQ LAN, you are now assigned the new
task of designing the LAN for one of ABC’s client, XYZ. The company XYZ is made up of 4
sections and the number of people in each section is as shown below.
1. Research – 20
2. Technical – 10
3. Guests – 4
4. Executives – 2
Set up the following staff profile:
1. Research: file transfer (light), web browsing (heavy) and file print (light)
2. Technical: Database Access (heavy), telnet (heavy) and email (light)
3. Guests: Em.
1 Name _____________________________ MTH129 Fall .docxoswald1horne84988
1
Name: _____________________________
MTH129 Fall 2018 - FINAL EXAM A
Show all work neatly on paper provided. Label all work. Place final answers on the answer sheet.
PART I: Omit 1 complete question. Place an “X” on the problems & answer space you are omitting.
1. Find the inverse of the following functions:
a. 𝑓(𝑥) = 2𝑥 − 3
b. 𝑓(𝑥) =
3𝑥 +1
𝑥−2
2. If 𝑓(𝑥) = 𝑥 2 − 2𝑥 + 3 and 𝑔(𝑥) = −3𝑥 + 4, find the following:
a. (𝑓°𝑔)(𝑥) b. (𝑓°𝑔)(2)
3. Find the domain for the following expression:
a) √𝑥 + 5 𝑏) 7𝑥 2 + 3𝑥 − 1 𝑐)
𝑥 2+4
𝑥 2−9
4. Find the radian measures of the angles with the given degree measures.
a) 81°
Find the degree measures of the angles with the given radian measures.
b)
13𝜋
6
5. Solve the following equations:
a) (5t) = 20
b) 6000 = 40(15)t
6. Expand the following logarithmic expressions:
a. log(𝐴𝐵2 )
b. ln(
4
√3
)
7. Describe how the graph of each function can be obtained from the graph f
a. 𝑦 = 𝑓(𝑥) − 8
b. 𝑦 = 𝑓(𝑥 + 4) − 5
8. A real number t is given 𝑡 =
2𝜋
3
a. Find the reference number for t.
b. Find the terminal point P(x,y) on the unit circle determined by t
c. The unit circle is centered at __________________ and has a radius of _________________
PART II: Omit 1 complete question. Place an “X” on the problems & answer space you are omitting.
2
1. A sum of $7,000 is invested at an interest rate of 4
1
2
% per year, compounding monthly. (round all answers to
the nearest cent)
a. Find the amount of the investment after 2
1
2
years.
b. How long will it take for the investment to amount to $12,000?
c. Using the information in part (a), find the amount of the investment if compounded quarterly.
2. When a company charges price p dollars for one of its products, its revenue is given by
𝑅 = 𝑓(𝑝) = 500𝑝(30 − 𝑝)
a. Create a quadratic function for price with respect to revenue.
b. What price should they charge in order to maximize their revenue?
c. What is the maximum revenue?
d. What would be the revenue if the price was set at $10?
e. Sketch a rough graph – indicate the intercepts and the maximum coordinates.
3. The charges for a taxi ride are an initial charge of $2.50 and $0.85 for each mile driven.
a. Write a function for the charge of a taxi ride as a linear function of the distance traveled.
b. What is the cost of a 12 mile trip?
c. Find the equation of a line that passes through the following points: (1,-2) , (2,5) Express in 𝑦 =
𝑚𝑥 + 𝑏 form
d. Graph part ( c )
4. a. Divide the following polynomial and factor completely.
𝑃(𝑥) = 3𝑥 4 − 9𝑥 3 − 2𝑥 2 + 5𝑥 + 3; 𝑐 = 3
b. Given polynomial−𝑥 2 + 5𝑥 − 6, state the end behavior of its graph.
c. Using the polynomial on part ( c ), would this g
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Carry out a systematic literature review on the application of machine learning in Banking risk management building on the work of Leo et al., 2019 (attached).
· 12-13 pages (excluding title page and reference pages)
· References must not be older than 2 years.
· APA 7.0
Carry out a
systematic
literature review on the application of machine learning in
Banking risk
management
building on the work of Leo et al., 2019 (attached).
·
1
2
-
1
3
pages (excluding title page and reference pages)
·
References must not be older t
han 2 years.
·
APA 7.0
Carry out a systematic literature review on the application of machine learning in
Banking risk management building on the work of Leo et al., 2019 (attached).
12-13 pages (excluding title page and reference pages)
References must not be older than 2 years.
APA 7.0
risks
Article
Machine Learning in Banking Risk Management:
A Literature Review
Martin Leo * , Suneel Sharma and K. Maddulety
SP Jain School of Global Management, Sydney 2127, Australia; [email protected] (S.S.);
[email protected] (K.M.)
* Correspondence: [email protected]; Tel.: +65-9028-9209
Received: 25 January 2019; Accepted: 27 February 2019; Published: 5 March 2019
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Abstract: There is an increasing influence of machine learning in business applications, with many
solutions already implemented and many more being explored. Since the global financial crisis,
risk management in banks has gained more prominence, and there has been a constant focus around
how risks are being detected, measured, reported and managed. Considerable research in academia
and industry has focused on the developments in banking and risk management and the current
and emerging challenges. This paper, through a review of the available literature seeks to analyse
and evaluate machine-learning techniques that have been researched in the context of banking risk
management, and to identify areas or problems in risk management that have been inadequately
explored and are potential areas for further research. The review has shown that the application of
machine learning in the management of banking risks such as credit risk, market risk, operational
risk and liquidity risk has been explored; however, it doesn’t appear commensurate with the current
industry level of focus on both risk management and machine learning. A large number of areas
remain in bank risk management that could significantly benefit from the study of how machine
learning can be applied to address specific problems.
Keywords: risk management; bank; machine learning; credit scoring; fraud
1. Introduction
Since the global financial crisis, risk management in banks has gained more prominence, and
there has been a constant focus on how risks are being detected, measured, reported and managed.
Considerable research (Van Liebergen 2017; Deloitte University Press 2017; Helbekkmo et al. 2013;
MetricStream 2018; Oliver Wyman 2017), both in academia and indus ...
What type of research study design is each of the following A.docxmecklenburgstrelitzh
What type of research study design is each of the following? And why
1. Clinically, radiologically, and electromyographic features in 6 children with joint
contractures (arthrogryposis) associated with congenital infection presumably caused by
rift valley virus was examined .
2. One hundred cases with new diagnosed cancer of oropharyngeal cancer and two hundred
normal patients without cancer to evaluate associations between human pox infection and
oropharyngeal cancer. Multivariate logistic-regression models were used.
3. 1.1 million French women recruited into the Million Women Study, aged 40-64 during
1995-2000, and followed up, on average, for 5.1 years for HIV incidence and 8.0 years for
cancer mortality.
4. 500 women recently diagnosed with lung cancer and 500 women without lung cancer are
interviewed about their diet and lifestyle
5. All members of a particular health fund are sent a questionnaire asking about their quality
of life over the past 4 weeks.
6. The rates of cancer in 50 countries worldwide are compared with their rates of obesity to
see if countries with higher levels of obesity also have higher cancer rates.
Student 1:
The case study of mining company called Akawini Copper is totally based on the hypothesis. The fundamental approach of enterprise risk management has been approved and improved in the Akawani copper. Enterprise risk management is based on the ISO 31000 (IS 2009) which is developed and implemented by the united minerals. At the time of due diligence previous to the acquisition, the team of the risk management for united minerals have studied the present approach to enterprise risk management at Akawini Copper. Some of the points that are identified by members of the risk management team are as follows:in place of the business risks, the risk management team has applied the process of formal risk assessment. This risk assessment will be done for once a year; there are different many processes and those processes will be applied for safety risks where these risks are not actually considered as the risks but it will generate a risk rating with the help of the matrix system that too for hazards; the annual internal audit plan is not grounded on the consequences and results of the enterprise risk management and are not really concentrating on assurance of many of the critical controls; the risk manager of the Akawini has been concentrated on the problem of the insurance and requested the company who are providing the offer of the external audit for the annual risk review (Lechner & Gatzert, 2017)
There are certain policies and systematic process for the treating risks and assessing are been used to support the primary decisions. The form of explicit risk management process is not included in any project management of the Akawini Company. For both safety risks and business risks, the systems of risk criteria has been used to cover the damaging consequences and appeared to b.
This Risk Management Standard is the
result of work by a team drawn from the
major risk management organisations in
the UK - The Institute of Risk
Management (IRM),The Association of
Insurance and Risk Managers (AIRMIC)
and ALARM The National Forum for
Risk Management in the Public Sector.
In addition, the team sought the views and
opinions of a wide range of other
professional bodies with interests in risk
management, during an extensive period
of consultation.
Project risk management model based on prince2 and scrum frameworksijseajournal
Agile methods grew out of the real-life project experiences of leading software professionals who
had experienced the challenges and limitations of traditional waterfall development
methodologies on projects after projects. The agile development frameworks are widely used and
they don’t contain any risk management techniques because it is believed that short iterative
development cycles will minimize any unpredictable impact related to product development [1],
[2]. However in larger projects or during development of complex products, especially in the
global environment, the need of proper risk management is required. From the audit perspective,
there is the clear control requirement “BAI01.10 Manage programme and project risk“ defined by
COBIT 5 that requires that project risks should be systematically identified, analysed, responded
to, monitored and controlled. Additionally the risks should be centrally recorded [3, p. 125].
Additionally, controlling risk in software projects is considered to be a major contributor to
project success [4].
The need to manage risks in agile project management is also identified by various authors.
The SOA principles from the agile project management perspective were used to create
a framework for understanding agile risk management strategies for global IT projects [5]. Main
risk models and frameworks used by software engineers are discussed with conclusion that
the risk management steps are required for delivery of quality software [6], [7]. Agile
methodologies don’t cover the risk management knowledge area that can be taken from project
management frameworks like PMBOK [8]. Risks related to global software development projects
using Scrum have been researched and a conceptual framework to mitigate them designed [9].
Also the increasing variety of security threats should be managed as risks in the agile
development projects [10], [11].
BBA 4226, Risk Management 1
Course Learning Outcomes for Unit II
Upon completion of this unit, students should be able to:
1. Examine the elements of the risk management process.
1.1 Illustrate the use of the risk management process.
2. Analyze the parameters used to categorize risks.
2.1 Categorize risks based on specific parameters.
Course/Unit
Learning Outcomes
Learning Activity
1.1 Unit II Scholarly Activity
2.1
Chapter 3
Unit II Lesson
Unit II Scholarly Activity
Reading Assignment
Chapter 3: Risk
Unit Lesson
We live in interesting and uncertain times, and they are only going to become more complex and risky as the
future unfolds. Individuals and organizations must adapt to an increasingly uncertain environment in order to
identify, mitigate, and survive potential damaging risks. Often, when we think of corporate risks, we think of
natural disasters (e.g., earthquakes and tornados) or even man-made disasters (e.g., fires or attacks such as
the one on September 11, 2001, an oil spill such as the one caused by BP in the Gulf of Mexico, or
information technology (IT) security breaches). Yet, we tend to forget man-made disasters such as the
financial crisis of 2008, which is considered one of the worst global financial crises of all time because of its
ripple effect around the world. We also tend to overlook disruptions in the supply chain of corporations that
could be equally distressing to a company’s survival. Because of the interconnectedness of the world, an
interruption of supplies in one side of the world can have very disruptive and lasting negative effects in
another side.
In today’s economy, many risks have an effect around the world. Thus, it is critical that corporations and
governments implement risk management strategies. First, however, let’s start with defining what risks are all
about.
Risk
Risk is defined as the probability and consequence of not achieving a specific goal. As an example, can the
project be completed within budget? Risk is the probability of loss or the expectation of an unfavorable
outcome as a result of a particular action. Risk is really a measure of future uncertainties or the combination
of an event occurring and the consequences of that event. Newsome (2014) noted that there are different
standards of risk definitions but settled on risks as the “changes, effects, and consequences” of an event’s
potential returns (p. 25). Thus, risk is associated with all future adverse outcomes of an action.
A good description of risks facilitates the understanding, identification, and analysis of risks (Newsome, 2014).
A detailed risk definition and description is the first step to identifying risks. An example of a structured
standardized version of risk description is depicted in Table 3.2 on page 29 of your textbook.
UNIT II STUDY GUIDE
Risk
BBA 4226, Risk Management 2
UNIT x STUDY GUIDE
Title
Components of Risk
Risk ...
The Risk Analysis and Security Countermeasure Selection updated 2023 doc 11.docxintel-writers.com
Risk Analysis and Security Countermeasure
Selection are two critical components of the overall security management process.
Let’s discuss each of these topics in detail:
Risk Analysis: Risk analysis is the process of identifying, assessing, and prioritizing potential risks and vulnerabilities that can impact an organization’s assets, operations, and objectives. It involves evaluating the likelihood of a risk occurring and estimating the potential impact or consequences if it does happen. The main steps involved in risk analysis include:
Risk Identification: Identifying and documenting potential risks and vulnerabilities that may pose a threat to the organization’s security.
Risk Assessment: Assessing the likelihood and impact of identified risks. This assessment helps prioritize risks based on their significance.
Risk Mitigation: Developing strategies and plans to minimize or eliminate identified risks. This may involve implementing security countermeasures, policies, procedures, or controls.
Risk Monitoring and Review: Regularly monitoring and reviewing the effectiveness of implemented risk mitigation measures and making adjustments as necessary.
Security Countermeasure Selection: Once the risks have been analyzed and prioritized, the next step is to select appropriate security countermeasures to mitigate or manage those risks. Security countermeasures are proactive measures put in place to prevent, deter, detect, or respond to security threats and vulnerabilities. The process of selecting security countermeasures involves:
Identifying Potential Countermeasures: Researching and identifying a range of security measures or strategies that can address the identified risks. These may include physical, technical, or administrative controls.
Evaluating Countermeasures: Assessing the effectiveness, feasibility, cost, and potential impact of each countermeasure in relation to the identified risks. This evaluation helps in determining the most appropriate countermeasures.
This presentation provides a comprehensive plan for implementing an enterprise risk management program. It covers the costs/benefits of an ERM program, the critical knowledge, skills and abilities of a Chief Risk Officer, a risk taxonomy for insurance firms, a hypothetical organizational structure for an electric utility, a sample risk register, and other useful information.
effective risk management systems can best be achieved in an atmosphere of trust.
Successful risk management provides assurance that the organisation’s objectives will be
achieved within an acceptable degree of residual risk.13 It also creates an environment in which
quality improvement occurs as the natural consequence of the identification, assessment and
elimination or minimisation of risk. Risk management can therefore also be considered as an
aspect of the organisation’s ongoing continuous quality improvement program.
PORM: Predictive Optimization of Risk Management to Control Uncertainty Probl...IJECEIAES
Irrespective of different research-based approaches toward risk management, developing a precise model towards risk management is found to be a computationally challenging task owing to critical and vague definition of the origination of the problems. This research work introduces a model called as PROM i.e. Predictive Optimization of Risk Management with the perspective of software engineering. The significant contribution of PORM is to offer a reliable computation of risk analysis by considering generalized practical scenario of software development practices in Information Technology (IT) industry. The proposed PORM system is also designed and equipped with better risk factor assessment with an aid of machine learning approach without having more involvement of iteration. The study outcome shows that PORM system offers computationally cost effective analysis of risk factor as assessed with respect to different quality standards of object oriented system involved in every software projects.
This Risk Management Standard is the result of work by a team drawn from the major risk management organisations in the UK, including the Institute of Risk management (IRM).
Furthermore, the group looked for the perspectives and assessments of a large number of other expert bodies with interests in risk the executives, during a broad time of meeting.
Risk management Phase 1-5 Individual Project
Table of Contents
Introduction 3
Project Outline 3
Project risk identification 4
Project risk assessment 6
Project Risks, Responses Strategy 7
Project Risks Monitoring & Control Plan 10
Project Risks WBS & Budget Updates 11
Project Risks, Communications Plan 11
References 12
Introduction
The project that is planned by the company is to divest and move into a global perspective. Let’s ay for instance a possible expansion in the expansion of an oil refinery plant, such as a sulphur plant, my project will be to research Savage Gulf Sulphur Services. The project is supposed to ensure that the company will generate more revenue, and then it shall move into a global perspective. With the project, the company shall also increase its production due to large demand generated by the new market in the globe. Every project is faced with a certain degree of risk in the activities that it takes in an organization. It is important for organizations should carry out risk assessment procedures that are inclined in ensuring that an effective strategy shall be formulated to eliminate risk. This paper will discuss the risk management strategy and the processes that are taken in the management of risk in an organizational structure.
Project Outline
The project is it intended to increase the organized capacity and move into the global market structure. This will involve the purchase of new factors of production such as land, investors and business owners invest large amounts of capital to such investments. The project will also
Risk management justification
Risk management is identified and can be described as an assesment that has all these prioritization of risks, the management of risk could involve precise coordination and ecomonical application strategies with ereasons to minimize, control and monitor the probability and impact of unfortunate events. Risk management also helps in maximization and the act of realization of opportunities. In an organizational structure, risk management has a variety of functions which makes it an important department in an organization, based on the many roles that the risk management. This is the implementation of a strong and effective risk management and controls within securities firm, a helps in promoting stability throughout the entire firm. Risk management controls are divided into two categories. The internal and external control categories help in providing useful and effective control systems. The internal controls help in protecting the firms against market, credit, operational and legal risks. Secondly, it helps in protecting the financial industry from all the systemic risks in the organization structure (Merna, 2008)
Risk management is useful in protecting the firm's customers from enormous and large non-market related losses such as misappropriation of resources, fraud and firm failure. Such failures can result in enormous risk in the organization. R ...
Value Engineering. Measuring and managing risks in the wind energy industryStavros Thomas
As wind turbines number increased around the world, the number of hazardous accidents is also rising, causing critics to question overall safety. A recent study from Anemorphosis Research Group reveals how wind power professionals manage risk, from current areas of concern to anticipated challenges.
1 Network Analysis and Design This assignment is.docxoswald1horne84988
1
Network Analysis and Design
This assignment is worth 30%.
Deadline: Mon, Week 12
Part A: HQ LAN Upgrade (35%)
Background:
ABC is a big company in the US. ABC has employed you as the IT officer of the company.
Your job is to analyse the performance of the HQ LAN, suggest changes to improve the
network performance and provide a report to your boss.
Settings:
Run all simulations for 30 minutes to simulate a working day.
The graphs should be time averaged
Duplicate scenario for each possible setup
Tasks:
1. Analyse the current performance of the HQ LAN for each level and comment on it.
You are required to show all relevant graphs. The graphs for each level can be
overlaid. (10%)
2. Some staffs are unhappy about the speed of the network. Anything that takes more
than 1 second is not desirable. You have decided to try the following to improve the
network performance. Show the relevant graphs and comment on the results: (5%)
a. Increase the link speeds of
i. HQ_Router1 to HQ_Router3 from 1 Gbps to 10 Gbps and
ii. HQ_Router2 to HQ_Router3 from 1 Gbps to 10 Gbps
b. Increase the LANs for level 1, 2 and 3 from 100 Mbps to 1 Gbps
c. Try out 1 other way that meets the requirement.
3. After meeting the requirement, the company has decided to purchase an Ethernet
Server and placed it in the HQ LAN. (10%)
a. Rename it to HQ Server
b. Use a 1Gbps link
c. Set Application: Supported Services to All
d. Set statistics to view the following:
i. Server DB Task Processing Time (Heavy)
ii. Server Email Task Processing Time (Heavy)
iii. Server HTTP Task Processing Time (Heavy)
iv. Server Performance Task Processing Time
e. Show the performance of the HQ Server with the required graphs and
comment on the results
f. Justify the location of the server
g. State at least 3 security measures you will take to protect the HQ LAN from
malicious attacks
4. What would you do so that all the 4 statistics of the HQ server are less than 0.025 s?
Show all relevant graphs. (3 marks)
2
5. Prepare a report and state the additional amount of money that is needed for the
changes you have made to meet the additional requirements. Refer to the given price
list in the Appendix. (7%)
a. Your report should include a content page, a summary of the addressed issues,
objectives, budgeting, proposed solutions and conclusion.
Part B: Network Design (65%)
Background:
Due to your excellent work in the analysis of the HQ LAN, you are now assigned the new
task of designing the LAN for one of ABC’s client, XYZ. The company XYZ is made up of 4
sections and the number of people in each section is as shown below.
1. Research – 20
2. Technical – 10
3. Guests – 4
4. Executives – 2
Set up the following staff profile:
1. Research: file transfer (light), web browsing (heavy) and file print (light)
2. Technical: Database Access (heavy), telnet (heavy) and email (light)
3. Guests: Em.
1 Name _____________________________ MTH129 Fall .docxoswald1horne84988
1
Name: _____________________________
MTH129 Fall 2018 - FINAL EXAM A
Show all work neatly on paper provided. Label all work. Place final answers on the answer sheet.
PART I: Omit 1 complete question. Place an “X” on the problems & answer space you are omitting.
1. Find the inverse of the following functions:
a. 𝑓(𝑥) = 2𝑥 − 3
b. 𝑓(𝑥) =
3𝑥 +1
𝑥−2
2. If 𝑓(𝑥) = 𝑥 2 − 2𝑥 + 3 and 𝑔(𝑥) = −3𝑥 + 4, find the following:
a. (𝑓°𝑔)(𝑥) b. (𝑓°𝑔)(2)
3. Find the domain for the following expression:
a) √𝑥 + 5 𝑏) 7𝑥 2 + 3𝑥 − 1 𝑐)
𝑥 2+4
𝑥 2−9
4. Find the radian measures of the angles with the given degree measures.
a) 81°
Find the degree measures of the angles with the given radian measures.
b)
13𝜋
6
5. Solve the following equations:
a) (5t) = 20
b) 6000 = 40(15)t
6. Expand the following logarithmic expressions:
a. log(𝐴𝐵2 )
b. ln(
4
√3
)
7. Describe how the graph of each function can be obtained from the graph f
a. 𝑦 = 𝑓(𝑥) − 8
b. 𝑦 = 𝑓(𝑥 + 4) − 5
8. A real number t is given 𝑡 =
2𝜋
3
a. Find the reference number for t.
b. Find the terminal point P(x,y) on the unit circle determined by t
c. The unit circle is centered at __________________ and has a radius of _________________
PART II: Omit 1 complete question. Place an “X” on the problems & answer space you are omitting.
2
1. A sum of $7,000 is invested at an interest rate of 4
1
2
% per year, compounding monthly. (round all answers to
the nearest cent)
a. Find the amount of the investment after 2
1
2
years.
b. How long will it take for the investment to amount to $12,000?
c. Using the information in part (a), find the amount of the investment if compounded quarterly.
2. When a company charges price p dollars for one of its products, its revenue is given by
𝑅 = 𝑓(𝑝) = 500𝑝(30 − 𝑝)
a. Create a quadratic function for price with respect to revenue.
b. What price should they charge in order to maximize their revenue?
c. What is the maximum revenue?
d. What would be the revenue if the price was set at $10?
e. Sketch a rough graph – indicate the intercepts and the maximum coordinates.
3. The charges for a taxi ride are an initial charge of $2.50 and $0.85 for each mile driven.
a. Write a function for the charge of a taxi ride as a linear function of the distance traveled.
b. What is the cost of a 12 mile trip?
c. Find the equation of a line that passes through the following points: (1,-2) , (2,5) Express in 𝑦 =
𝑚𝑥 + 𝑏 form
d. Graph part ( c )
4. a. Divide the following polynomial and factor completely.
𝑃(𝑥) = 3𝑥 4 − 9𝑥 3 − 2𝑥 2 + 5𝑥 + 3; 𝑐 = 3
b. Given polynomial−𝑥 2 + 5𝑥 − 6, state the end behavior of its graph.
c. Using the polynomial on part ( c ), would this g
1 Lab 8 -Ballistic Pendulum Since you will be desig.docxoswald1horne84988
1
Lab 8 -Ballistic Pendulum
Since you will be designing your own procedure you will have two
class periods to take the required data.
The goal of this lab is to measure the speed of a ball that is fired
from a projectile launcher using two different methods. The
Projectile launcher has three different settings, “Short Range,”
“Medium Range” and “Long Range,” however you will only need to
determine the speed for any ONE of these Range settings.
Method 1 involves firing the ball directly into the “Ballistic
Pendulum” shown below in Figure 2 for which limited instructions will be provided. Method 2
is entirely up to your group. While you have significant freedom to design your own procedure,
you will need to worry about the random and systematic uncertainties you are introducing
based on your procedure. This manual will provide a few hints to help reduce a few of those
uncertainties.
The ballistic pendulum pictured in Figure 2 is important canonical problem students study to
explore the conservation of momentum and energy. The ball is fired by the projectile launcher
into a “perfectly inelastic collision” with the pendulum. The pendulum then swings to some
maximum angle which is measured by an Angle Indicator.
Caution: The pendulum has a plastic hinge and Angle Indicator which are both fragile. Be
gentle.
Study the ballistic pendulum carefully. Before we begin, here are a few things to consider and
be aware of in Figure 2:
Projectile launcher
Angle indicator (curved
black bar)
Clamp
Pendulum (can be removed
for measurements)
Figure 2: Ballistic Pendulum
Plumb bob
Firing string
Release
point
Figure 1: Projectile Launcher
Bolt for removing pendulum
2
A. Clamping the ballistic pendulum to the table will reduce random uncertainties in the
speed with which the projectile launcher releases the ball. Similarly, you should check
that the various bolts are snug and that the ball is always fully inside the launcher (not
rolling around inside the barrel of launcher).
B. If the lab bench is not perfectly horizontal the plumb bob and angle indicator will not
read zero degrees before you begin your experiment. You should fix AND/OR account
for these discrepancies.
C. In Figure 3 you will notice a tiny gap between the launcher and the pendulum. This
important gap prevents the launcher from contacting the pendulum directly as the ball
is fired. Without this gap an unknown amount of momentum is transferred from the
launcher directly to the pendulum (in addition to the momentum transferred by the
ball) significantly complicating our experiment.
Figure 3: Important gap between Launcher and Pendulum
Equipment
1 Ballistic Pendulum (shown in Figure 2)
A bag with three balls
1 loading rod
1 Clamp
1 triple beam balance scale
Safety goggles for each group member
Any equipment found in your equipment drawer.
Reasonable equipment reque.
1 I Samuel 8-10 Israel Asks for a King 8 When S.docxoswald1horne84988
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I Samuel 8-10
Israel Asks for a King
8 When Samuel grew old, he appointed his sons as Israel’s leaders.[a]2 The
name of his firstborn was Joel and the name of his second was Abijah, and
they served at Beersheba. 3 But his sons did not follow his ways. They turned
aside after dishonest gain and accepted bribes and perverted justice.
4 So all the elders of Israel gathered together and came to Samuel at
Ramah. 5 They said to him, “You are old, and your sons do not follow your
ways; now appoint a king to lead[b] us, such as all the other nationshave.”
6 But when they said, “Give us a king to lead us,” this displeasedSamuel; so
he prayed to the LORD. 7 And the LORD told him: “Listen to all that the people
are saying to you; it is not you they have rejected, but they have rejected
me as their king. 8 As they have done from the day I brought them up out of
Egypt until this day, forsaking me and serving other gods, so they are doing
to you. 9 Now listen to them; but warn them solemnly and let them
know what the king who will reign over them will claim as his rights.”
10 Samuel told all the words of the LORD to the people who were asking him
for a king. 11 He said, “This is what the king who will reign over you will claim
as his rights: He will take your sons and make them serve with his chariots
and horses, and they will run in front of his chariots. 12 Some he will assign to
be commanders of thousands and commanders of fifties, and others to plow
his ground and reap his harvest, and still others to make weapons of war
and equipment for his chariots. 13 He will take your daughters to be
perfumers and cooks and bakers. 14 He will take the best of your fields and
vineyards and olive groves and give them to his attendants. 15 He will take a
tenth of your grain and of your vintage and give it to his officials and
attendants. 16 Your male and female servants and the best of your cattle[c] and
donkeys he will take for his own use. 17 He will take a tenth of your flocks,
and you yourselves will become his slaves. 18 When that day comes, you will
cry out for relief from the king you have chosen, but the LORD will not
answer you in that day.”
https://www.biblegateway.com/passage/?search=1%20Samuel+8&version=NIV#fen-NIV-7371a
https://www.biblegateway.com/passage/?search=1%20Samuel+8&version=NIV#fen-NIV-7375b
https://www.biblegateway.com/passage/?search=1%20Samuel+8&version=NIV#fen-NIV-7386c
2
19 But the people refused to listen to Samuel. “No!” they said. “We wanta
king over us. 20 Then we will be like all the other nations, with a king to lead
us and to go out before us and fight our battles.”
21 When Samuel heard all that the people said, he repeated it before
the LORD. 22 The LORD answered, “Listen to them and give them a king.”
Then Samuel said to the Israelites, “Everyone go back to your own town.”
Samuel Anoints Saul
9 There was a Benjamite, a man of standing, whose n.
1 Journal Entry #9 What principle did you select .docxoswald1horne84988
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Journal Entry #9
What principle did you select?
I selected principle 1 of part 1, “Don’t criticize, condemn or complain”.
Who did you interact with?
For this assignment I interacted with my younger cousin.
What was the context?
I had visited my Aunty and she and her husband asked me to stay a while as I was on school
break. They accommodated me and I decided in return to help look after my cousin in the period
when he got out of school and before they got back from work. He is 5 years old and can be quite
the handful.
What did you expect?
I expected that an authoritative approach would easily compel him to follow my instructions so
that the transition from school life into home life would be easy.
What happened?
At first, I used commanding language to get him to change out of his uniform or properly store
his back pack and books before stepping out to play. The first day was difficult and the way I
deal with him were not getting through. On the 2nd day, the same was observed. On the 3rd day,
before he could drop his back pack and run out, I offered to make him a sandwich to eat before
he left to play if he would change and clean up. He rushed up stairs and freshened up. On the
next day, he came home and rushed up to change and freshen up all on his own. I had not
initially offered; but I made him a sandwich regardless.
How did it make you feel?
It made me feel good to be able to get through to my cousin. After this, if I ever needed him to
do something in a better way than previously, I would encourage him onto a different way of
accomplishing the same. I would often offer praise after adoption of the new suggested method
was adopted or offered incentive.
2
What did you learn?
I learnt that in criticizing a person’s action, it is difficult to deter their belief in their methods,
values or beliefs. This usually just gives them the will to justify or defend their positions. It is
almost an exercise in futility to attempt to effect change by complaining, condemning or
criticizing.
What surprised you?
I was surprised by how fast the change was effected after the shift in direction I took to approach
my cousin. In not criticizing his way of doing things any longer and employing a different tactic,
I was able to influence his routine as well as build good rapport with him.
Going forward, how can you apply what you learnt?
Going forward I will attempt to understand that everyone has a belief or image of their own that I
should respect. These beliefs, systems and values are crucial to their inherent dignity and to
criticize or attack this will only fuel conflict.
Running head: Physical activity project 1
Physical activity project:
A 7-day analysis and action plans
Student Name
National University
Physical activity project 2
Introduction
Physical activity (PA) has been a major component of public health since the rise of
chronic illnesses .
1
HCA 448 Case 2 for 10/04/2018
Recently, a patient was transferred to a cardiac intensive care unit (CICU) at Methodist Hospital.
Methodist is a 250-bed hospital, which is one of five hospitals in the University Health System.
The patient was a retired 72-year-old man, who recently (i.e., 25 days ago) had a mild heart
attack and was treated and released from a sister hospital, which is in the same system as
Methodist Hospital. An otherwise health individual, Mr. Charlie Johnson (a husband, father of 4,
and grandfather of 12) is in now need or lots of medication and a battery of tests. To the nurses
on shift, it appears that the entire Johnson family is in patient’s room watching the clinical staff
treated Mr. Johnson. The family overhears everything and they want to know what is being done
to (and for) their loved one. In addition, they want to know the meaning behind the various beeps
coming from the many machines attached to Mr. Johnson.
Over the past 10 years, the latest U.S. News and World report has ranked Methodist Hospital as
one of the Best Hospitals for Cardiology & Heart Surgery. However, it is important to note that
over the past few years, the unit has dropped in the rankings.
Katherine Ross RN, the patient care director of the CICU, which has 14 beds, has held this post
for two years. (See Figure) The unit has a $20 million budget. Ms. Ross has worked at Methodist
Hospital for 16 years. She spends 50 percent of her time on patient safety, 25 percent on staffing
and recruitment, and 20 percent with nurses in relation to their satisfaction with the work and
with families relative to their satisfaction with care. Ten percent of Ms. Ross’s time is spent on
administrative duties. According to Ms. Ross, “I like is working with exceptional nurses who are
very smart and do what it takes with limited resources. However, we don’t always feel
empowered, despite the existence of shared governance, a structure I help to coordinate.”
2
Relationship with Nurses on the Unit:
Nurses on the unit work a three day a week, 12 hours a shift. Ms. Ross says, “we did an
employee opinion survey that went to all employees on the unit, 50 people in all, but only 13
responded. Some of them weren’t sure who their supervisor was. The employees aren’t happy
but our patients are happy.” She adds that “my name is on the unit, not the medical director’s. If
anything goes wrong with the unit, they blame it on nursing. Yet I’m brushed off by people
whom I have to deal with outside of the unit. For example, we have a problem with machines
that analyze blood gases. I spoke with the people there about the technology. This was four
weeks ago. It’s a patient safety issue. I sent them e-mails. I need the work to get done, the staff
don’t feel empowered if I’m not empowered. This goes for other departments as well. For
example, respiratory therapy starts using a new ventilator witho.
1
HC2091: Finance for Business
Trimester 2 2018
Group Assignment
Assessment Value: 20%
Due Date: Sunday 23:59 pm, Week 10
Group: 2- 4 students
Length: Min 2500 words
INSTRUCTIONS
Students are required to form a group to study, undertake research, analyse and conduct academic
work within the areas of business finance covered in learning materials Topics 1 to 10 inclusive.
The assignment should examine the main issues, including underlying theories, implement
performance measures used and explain the firm financial performance. Your group is strongly
advised to reference professional websites, journal articles and text books in this assignment (case
study).
Tasks
This assessment task is a written report and analysis of the financial performance of a selected
listed company on the ASX in order to provide financial and investment advice to a wealthy
investor. This assignment requires your group to undertake a comprehensive examination of a
firm’s financial performance based on update financial statements of the chosen companies.
Group Arrangement
This assignment must be completed IN Group. Each group can be from 2 to maximum 4 student
members. Each group will choose 1 company and once the company has been chosen, the other
group cannot choose the same company. First come first served rule applies here, it means you
need to form your group, choose on company from the list of ASX and register them with your
lecturer as soon as possible. Once your lecturer registers your chosen company, it cannot be
chosen by any other group. Your lecturer then will put your group on Black Board to enable you
to interact and discuss on the issues of your group assignment using Black Board environment.
However, face to face meeting, discussion and other methods of communication are needed to
ensure quality of group work. Each group needs to have your own arrangement so that all the
group members will contribute equally in the group work. If not, a Contribution Statement,
which clearly indicated individual contribution (in terms of percentage) of each member, should
be submitted as a separate item in your assignment. Your individual contribution then will be
assessed based on contribution statement to avoid any free riders.
2
Submission
Please make sure that your group member’s name and surname, student ID, subject name, and
code and lecture’s name are written on the cover sheet of the submitted assignment.
When you submit your assignment electronically, please save the file as ‘Group Assignment-
your group name .doc’. You are required to submit the assignment at Group Assignment
Final Submission, which is under Group Assignment and Due Dates on Black Board.
Submitted work should be your original work showing your creativity. Please ensure the self-
check for plagiarism to be done before final submission (plagiarism check is not over 30% .
1 ECE 175 Computer Programming for Engineering Applica.docxoswald1horne84988
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ECE 175: Computer Programming for Engineering Applications
Homework Assignment 6
Due: Tuesday March 12, 2019 by 11.59 pm
Conventions: Name your C programs as hwxpy.c where x corresponds to the homework number and y
corresponds to the problem number. For example, the C program for homework 6, problem 1 should be
named as hw6p1.c.
Write comments to your programs. Programs with no comments will receive PARTIAL credit. For each
program that you turn in, at least the following information should be included at the top of the C file:
- Author and Date created
- Brief description of the program:
- input(s) and output(s)
- brief description or relationship between inputs and outputs
Submission Instructions: Use the designated Dropbox on D2L to submit your homework.
Submit only the .c files.
Problem 1 (15 points) Write a program that returns the minimum value and its location, max
value and its location and average value of an array of integers. Your program should call a
single function that returns that min and its location, max and its location and mean value of
the array. Print the results in the main function (not within the array_func function).
See sample code execution below. The declaration of this function is given below:
void array_func (int *x, int size, int *min_p, int *minloc_p, int *max_p, int *maxloc_p, double *mean_p)
/* x is a pointer to the first array element
size is the array size
min_p is a pointer to a variable min in the main function that holds the minimum
minloc_p is a pointer to a variable minloc in the main function that holds the location where the
minimum is.
max_p is a pointer to a variable max in the main function that holds the maximum
maxloc_p is a pointer to a variable maxloc in the main function that holds the location where the
maximum is.
mean_p is a pointer to a variable mean in the main function that holds the mean */
Declare the following array of integers within the main function:
Sample code execution:
int data_ar[] = { -3, 5, 6, 7, 12, 3, 4, 6, 19, 23, 100, 3, 4, -2, 9, 43, 32, 45,
32, 2, 3, 2, -1, 8 };
int data_ar2[] = { -679,-758,-744,-393,-656,-172,-707,-32,-277,-47,-98,-824,-695,
-318,-951,-35,-439,-382,-766,-796,-187,-490,-446,-647};
int data_ar3[] = {-142, -2, -56, -60, 114, -249, 45, -139, -25, 17, 75, -27, 158,
-48, 33, 67, 9, 89, 33, -78, -180, 186, 218, -274};
2
Problem 2 (20 points): A barcode scanner verifies the 12-digit code scanned by comparing the
code’s last digit to its own computation of the check digit calculated from the first 11 digits as
follows:
1. Calculate the sum of the digits in the odd-numbered indices (the first, third, …, ninth
digits) and multiply this sum by 3.
2. Calculate the sum of the digits in the even-numbered indices (the 0th, second, … tenth
digits).
3. Add the results from step 1 and 2. If the last digit of the addition result is 0, then 0 is the
check digit. .
1 Cinemark Holdings Inc. Simulated ERM Program .docxoswald1horne84988
1
Cinemark Holdings Inc.: Simulated ERM Program
Ben Li, Assistant Vice President of Compliance, is assigned the responsibility of developing an ERM
program at Cinemark Holdings Inc. (CHI). Over the past year, Ben has put in place the following ERM
activities:
Risk Identification and Assessment
The risk identification and assessment process steps are as follows:
1) Conduct online surveys of the heads of the 10 business segments and their 1-2 direct reports (15
people) and their mid-level managers (80 people). Exhibit 1 shows the instructions that are
included in the online survey. Exhibit 2 shows samples of the information collected from the
online survey.
2) Each of the 10 business segments separately organizes and compiles the results of the online
survey. They typically compile a robust list of 70-80 potential key risks. Each business segment
then prioritizes their top-5 risks and reports them to Ben Li, resulting in a total of 50 key risks (a
partial sample of the top-50 risk list is shown in Exhibit 3).
3) A consensus meeting is conducted where the 50 risks are shared with the top 10 members of
senior management in an open-group setting at an offsite one-day event. The 50 risks are each
discussed one at a time, after which the facilitator has the group collectively discuss and score
them for likelihood and severity. The risk ranking is calculated as the likelihood score plus the
severity score; the control effectiveness score is used to determine if there is room to improve
the controls and is used in the risk decision making process step. The top-20 risks are identified
as the key risks to CHI and are selected for additional mitigation and advanced to the risk
decision making stage. A Heat Map (see Exhibit 4) is provided to assist in this effort.
4) The 30 risks remaining from the 50 discussed at the consensus meeting are considered the non-
key risks, and these are monitored with key risk indicators to see if, over time, either the
likelihood and/or severity is increasing to the level which would result in one of these being
elevated to a key risk.
Risk Decision Making
Ben Li formed a Risk Committee to look at the risk identification and assessment information and to
define CHI’s risk appetite and risk limits, which were defined as follows:
Risk Appetite
CHI will maintain its overall risk profile in a manner consistent with our mission and vision and with the
expectations of our shareholders.
Risk Limits
CHI will also avoid any individual risk exposures deemed excessive by its Risk Committee; the individual
risk exposures will be determined separately for each key risk. CHI has zero tolerance for risks related to
internal fraud or violations of the employee code of conduct.
2
Ben Li expanded the role of the Risk Committee to also select and implement the risk mitigation for each
of the 20 key risks, at the same time as the committee determines the risk limits. .
1 Figure 1 Picture of Richard Selzer Richard Selz.docxoswald1horne84988
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Figure 1 Picture of Richard Selzer
Richard Selzer
What I Saw at the Abortion
I am a surgeon. Sick flesh is everyday news. Escaping blood, all the outpourings of
disease, meaty tumors that terrify–I touch these to destroy them. But I do not make symbols of
them.
What I am saying is that I have seen and I am used to seeing. I am a man who has a
trade, who has practiced it long enough to see no news in any of it. Picture me, then. A
professional in his forties, three children, living in a university town—so, necessarily, well—
enlightened? Enough, anyhow. Successful in my work, yes. No overriding religious posture.
Nothing special, then, your routine fellow, trying to do his work and doing it well enough. Picture
me, this professional, a sort of scientist, if you please, in possession of the standard admirable
opinions, positions, convictions, and so on–on this and that matter–on abortion, for example.
All right. Now listen.
It is the western wing of the fourth floor of a great university hospital. I am present
because I asked to be present. I wanted to see what I had never seen: an abortion.
The patient is Jamaican. She lies on the table in that state of notable submissiveness I
have always seen in patients. Now and then she smiles at one of the nurses as though
acknowledging a secret.
A nurse draws down the sheet, lays bare the abdomen. The belly mounds gently in the
twenty-fourth week of pregnancy. The chief surgeon paints it with a sponge soaked in red
antiseptic. He does this three times, each time a fresh sponge. He covers the area with a sterile
sheet, an aperture in its center. He is a kindly man who teaches as he works, who pauses to
reassure the woman.
He begins.
“A little pinprick,” he says to the woman. He inserts the point of a tiny needle at the
midline of the lower portion of her abdomen, on the downslope. He infiltrates local anesthetic into
the skin, where it forms a small white bubble.
The woman grimaces. “That is all you will feel,” the doctor says, “except for a little
pressure. But no more pain.” She smiles again. She seems to relax. She settles comfortably on
the table. The worst is over.
The doctor selects a three-and-one-half-inch needle bearing a central stylet. He places
the point at the site of the previous injection. He aims it straight up and down, perpendicular.
Next he takes hold of her abdomen with his left hand, palming the womb, steadying it. He thrusts
with his right hand. The needle sinks into the abdominal wall.
“Oh,” says the woman quietly.
But I guess it is not pain she feels. It is more a recognition that the deed is being done. Another
thrust and he has speared the uterus.
“We are in,” he says. He has felt the muscular wall of the organ gripping the shaft of his
needle. A further slight pressure on the needle advances it a bit more. He takes his left hand
2
from the woman’s abdomen. He retracts the filament of the stylet from the bar.
1 Films on Africa 1. A star () next to a film i.docxoswald1horne84988
1
Films on Africa
1. A star (*) next to a film indicates that portions of that film might be shown in class in the course of
the semester.
2. All films are in DVD format, unless indicated otherwise.
3. Available: at the Madden and Fresno County Public Libraries, via Netflix, Blackboard or on-line.
4. For the on-line films, you can click on the link and this will lead you directly to the film.
5. Please be advised that a few films have the following notice: Warning: Contains scenes which some
viewers may find disturbing. You decide whether you want to watch them or not.
6. Some films are available on-line via VOD.
7. Let your instructor know if a link is no longer working.
The Africans (9 VHS films – each 60 min or 5 DVDs – each 120 min): Co-
production of WETA-TV and BBC-TV. Presented by Ali A. Mazrui. 1986.
Available at Madden Media & Fresno Public Libraries
Vol. 1 – The Nature of a continent*
Summary: Examines Africa as the birthplace of humankind and discusses
the impact of geography on African history, including the role of the Nile
in the origin of civilization and the introduction of Islam to Africa through its Arabic borders.
Vol. 2 – A Legacy of lifestyles*
Summary: This program explores how African contemporary lifestyles are influenced by
indigenous, Islamic and Western factors. It compares simple African societies with those that
are more complex and centralized, and examines the importance of family life.
Vol. 3 – New gods
Summary: This program examines the factors that influence religion in Africa, paying particular
attention to how traditional religions, Islam, and Christianity co-exist and influence each other.
Vol. 4 – Tools of exploitation
Summary: The impact of the West on Africa and the impact of Africa on the development of the
West are contrasted with an emphasis on the manner in which Africa's human and natural
resources have been exploited before, during, and after the colonial period.
Vol. 5 – New conflicts
Summary: Explores the tensions inherent in the juxtaposition of 3 African heritages, looking at
the ways in which these conflicts have contributed to the rise of the nationalist movement, the
warrior tradition of indigenous Africa, the jihad tradition of Islam, and modern guerilla warfare.
Vol. 6 – In search of stability
Summary: Gives an overview of the several means of governing in Africa. Examines new social
orders to illustrate an Africa in search of a viable form of government in the post-independence
period.
1.
2
Vol. 7 – A Garden of Eden in decay?
Summary: Identifies the problems of a continent that produces what it does not consume and
consumes what it does not produce. Shows Africa's struggle between economic dependence
and decay.
Vol. 8 – A Clash of cultures*
Summary: Discusses the conflicts and compromises which emerge from the coexistence of
many African traditions and modern life. Explores the question of whet.
1
Assignment front Sheet
Qualification Unit number and title
Pearson BTEC Levels 4 and 5 Higher
Nationals in Health and Social Care (RQF)
HNHS 17: Effective Reporting and Record-keeping in
Health and Social Care Services
Student name Assessor name Internal Verifier
B. Maher F. Khan
Date issued: Final Submission:
12/10/2018 18/01/2019
Assignment title
Effective Reporting and Record-keeping in Health and Social
Care services
Submission Format
This work will be submitted in 2 different formats:
Assessment 1 should be submitted as a word-processed report document in a standard report
style, which requires the use of headings, titles and appropriate captions. You may also choose
to include pictures, graphs and charts where relevant to support your work. The recommended
word count for this assignment is 1500–2000 words, though you will not be penalised for
exceeding this total.
Assessment 2 requires the submission of evidence from a mock training event on record-
keeping. This will include a set of materials used in the event, to include an electronic
presentation, evidence of your own record-keeping across a range of types of records, as well as
where you will demonstrate you have evaluated the effectiveness of your own completion of
relevant records. The recommended word count for the presentation is 1000–1500 words
(including speaker notes), though you will not be penalised for exceeding this total.
For both assessments, any material that is derived from other sources must be suitably
referenced using a standard form of citation. Provide a bibliography using the Harvard
referencing system.
Unit Learning Outcomes
LO1 Describe the legal and regulatory aspects of reporting and record keeping in a care setting
LO2 Explore the internal and external recording requirements in a care setting
Assignment Brief and Guidance
2
Purpose of this assignment:
The purpose of the assignment is to assess the learner firstly in relation to both the legal and
regulatory aspects of reporting and record keeping in a care setting through producing an internal
evaluative review of record keeping in their own care setting. Secondly, the learner will be
assessed on the internal and external recording requirements in a care setting. Thirdly, the learner
will be assessed on Review the use of technology in reporting and recording service user care in a
care setting and fourthly the learner will demonstrate how to keep and maintain records in own care
setting in line with national and local policies.
Breakdown of assignment:
Assignment:
You need to produce one written piece of work of 2,500 words (+/- 10%) covering all the
assessment criterion in LO1-LO4 as one document.
Unit Learning Outcomes
LO1 Describe the legal and regulatory aspects of reporting and record keeping in a care
setting
LO2 Explore the internal and external recording.
1 BBS300 Empirical Research Methods for Business .docxoswald1horne84988
1
BBS300 Empirical Research Methods for Business
TSA, 2018
Assignment 1
Due: Sunday, 7 October 2018,
23:55 PM
This assignment covers material from Sessions 1-4 and is worth 20% of your total mark
of BBS300. Your solutions should be properly presented, and it is important that you
double-check your spelling and grammar and thoroughly proofread your assignment
before submitting. Instructions for assignment submission are presented in
the “Assignment 1” link and must be strictly adhered to. No marks will be
awarded to assignments that are submitted after the due date and time.
All analyses must be carried out using SPSS, and no marks will be awarded
for assignment questions where SPSS output supporting your answer is not
provided in your Microsoft Word file submitted for the Assignment.
Questions
In this assignment, we will examine the “Real Estate Market” dataset (described at the
end of the assignment ) and “Employee Satisfaction” dataset. Before beginning the
assignment, read through the descriptions of these dataset and their variables carefully.
The “Real Estate Market” dataset can be found in the file “realestatemarket.sav,” and
the “Employee Satisfaction” dataset can be found in the file “employeesatisfaction.sav.”
You will need to carefully inspect both SPSS data files to be sure that the
specification of variable types is correct and, where appropriate, value
labels are entered.
1. (12 marks)
2
Use appropriate graphical displays and measures of centrality and dispersion
to summarise the following four variables in the “Real Estate Market” dataset. For
graphical displays for numeric data, be sure to comment on not only the shape of
the distribution but also compliance with a normal distribution. Be sure to
include relevant SPSS output (graphs, tables) to support your answers.
(a) Price.
(b) Lot Size.
(c) Material.
(d) Condition.
2. (8 marks)
Again consider the variable Price, which records the property price (in AUD). It
is of interest to know if this is associated with the distance of the property is
located to the train station. It i s al so of i nter e st t o kn o w if th e p rop ert y
pri ce s are a sso ciate d with di st an ce to t h e ne ar e st b u s sto p. Carry out
appropriate statistical techniques to assess whether there is a significant
association between the property price and distance to the nearest train (To train)
station and the nearest bus stop (To bus). Be sure to thoroughly assess the
assumptions of your particular analysis, and be sure to include relevant SPSS
output (graphs, tables) to support your answers.
3. (7 marks)
Consider the “Employee Satisfaction” dataset, which asked participants to provide their
level of regularity to a series of thirteen statements. Conduct an appropriate analysis
to assess the reliability of responses to these statements. If the reliability will
increa.
1 ASSIGNMENT 7 C – MERGING DATA FILES IN STATA Do.docxoswald1horne84988
1
ASSIGNMENT 7 C – MERGING DATA FILES IN STATA
Download the world development data covering the years 2000-2016 from the website
“http://databank.worldbank.org/data/reports.aspx?source=World-Governance-Indicators” for the
following upper-middle-income countries.
Countries of Interest:
Albania Ecuador Montenegro
Algeria Equatorial Guinea Namibia
American Samoa Fiji Nauru
Argentina Gabon Panama
Azerbaijan Grenada Paraguay
Belarus Guyana Peru
Belize Iran, Islamic Rep. Romania
Bosnia and Herzegovina Iraq Russian Federation
Botswana Jamaica Samoa
Brazil Kazakhstan Serbia
Bulgaria Lebanon South Africa
China Libya St. Lucia
Colombia Macedonia, FYR St. Vincent and the Grenadines
Costa Rica Malaysia Suriname
Croatia Maldives Thailand
Cuba Marshall Islands Tonga
Dominica Mauritius Turkey
Dominican Republic Mexico Turkmenistan
Tuvalu
Venezuela, RB
Variables of Interest
Control of Corruption: Estimate
Government Effectiveness: Estimate
Political Stability and Absence of Violence/Terrorism:
Estimate
Regulatory Quality: Estimate
Rule of Law: Estimate
Voice and Accountability: Estimate
2
STEP 1 - Download the data from the World-Governance-Indicators database as shown below
STEP 2 - Check the variables of interest
3
Please make sure you are checking the variables with “Estimates”.
TO VIEW THE DEFINITIONS OF THE VARIABLES
4
Step 3 – Select countries of interest
5
Step 4 – Click on “Time” and select the “year range” you are interested in (2000-2016)
6
Step 5 – Click on the “Layout” as shown below
Change the time layout to “Row,” series to “Column” and Country to “Row.”
Next, click on the “apply changes.”
Step 6 – Click on the “Download option” and select “Excel” as shown below
7
STEP 7: Using Excel, Replace the Missing Values With “.” (See previous assignments)
STEP 8: SAVE THE EXCEL DATA FILE ON YOUR COMPUTER PREFERABLY IN A
FOLDER
STEP 9: IMPORT YOUR DATA INTO STATA AND NAME YOUR DATA SET
“WORLD_GOVERNANCE_INDICATORS.” (See previous assignments for steps)
8
STEP 10; RENAME THE VARIABLES AS SHOWN BELOW (See previous assignments for
steps)
Using stata, merge the data set from “ASSIGNMENT 3B” with this dataset
VERY IMPORTANT Note: Merging two datasets requires that both have at least one variable in
common (either string or numeric).
This statement requires that the variable name for “Time” and “Country” should be the same in the two
data set
MERGING THE DATASET FROM “ASSIGNMENT 3” WITH THE DATA FROM THE
WORLD GOVERNANCE INDICATORS
Merging data files in stata
https://www.youtube.com/watch?v=EV-5PztbHs0
https://www.youtube.com/watch?v=Uh7C0mlhB3g&t=54s
https://www.youtube.com/watch?v=2etG_34ODoc
I will strongly encourage you to watch these videos before merging
I will also strongly recommend you read the notes in the link below before you star.
1 Assessment details for ALL students Assessment item.docxoswald1horne84988
1
Assessment details for ALL students
Assessment item 3 - Individual submission
Due date: Week 12 Monday (1 Oct 2018) 11:55 pm AEST
Weighting:
Length:
50% (or 50 marks)
There is no word limit for this report
Objectives
This assessment item relates to the unit learning outcomes as stated in the unit profile.
Enabling objectives
1. Analyse a case study and identify issues associated with the business;
2. Develop and deploy the application in IBM Bluemix;
3. Evaluate existing and new functionalities to address business problems;
4. Prepare a document to report your activities using text and multimedia (for example screenshots, videos).
General Information
The purpose of this assignment is to create a cloud based simulating environment which will help to
identify/understand the problem stated in the given case study using analysis tools available in IBM
Bluemix. In assignment three, you are working individually. By doing this assignment, you will
learn to use skills and knowledge of emerging technologies like cloud computing, IoT, to simulate a
business scenario to capture operational data and share with a visualization tool. You will acquire a
good understanding of smart application design in a cloud environment for efficient application
configuration and deployment.
What do you need to do?
The assignment requires you to do the following -
• Download the ‘Starter_Code_For_Assignment_Three.rar’ given in week 8 to
configure, and deploy a cloud based smart/IoT (Internet of Things) application to
simulate the business case.
• Choose a case study out of given two below and analyse the case study to
understand the business problem and design a solution for those problems.
• Deploy the starter source code in your Bluemix account and modify it to address
all required milestones mentioned in your chosen case study.
• Finally prepare a report according to given format and specifications below and
submit it in Moodle.
2
Report format and specifications -
You are required to submit a written report in a single Microsoft Word (.doc or .docx)
document. There is no word limit but any unnecessary information included in the report
may result in reduced marks.
The report must contain the following content (feel free to define your own sections,
as long as you include all the required content):
o Cover page/title page and Table of contents
o URL of the app and login details of the IBM Bluemix account
o Introduction
o Case study analysis which will report –
o Business problems you have identified in the case study
o Possible solutions for each and how do these solutions address the
business problems?
o What are the solutions you implemented in the application?
o The step by step process you have followed to configure and deploy the smart app
for business case simulation. You may choose to use screenshots and notes to
enrich your report but you must have a video of the pr.
1
CDU APA 6th
Referencing Style Guide
(February 2019 version)
2
Contents
APA Fundamentals .......................................................................................... 3
Reference List ................................................................................................... 3
Citing in the text ............................................................................................... 5
Paraphrase ................................................................................................... 5
Direct quotes................................................................................................. 5
Secondary source .......................................................................................... 6
Personal communications............................................................................. 6
Examples .......................................................................................................... 7
Book .............................................................................................................. 7
eBook ............................................................................................................ 7
Journal article with doi ................................................................................ 7
Journal article without doi ........................................................................... 7
Web page ...................................................................................................... 7
Books - print and online ................................................................................... 8
Single author ................................................................................................ 8
eBook/electronic book ................................................................................ 11
Journal articles, Conference papers and Newspaper articles ........................ 13
Multimedia ..................................................................................................... 16
YouTube or Streaming video ..................................................................... 16
Online images ................................................................................................. 17
Web sources and online documents ................................................................ 20
Web page .................................................................................................... 20
Document from a website ........................................................................... 21
Legislation and cases ...................................................................................... 23
Common abbreviations .................................................................................. 24
Appendix 1: How to write an APA reference when information is missing .. 25
Appendix 2: Author layout.
1
BIOL 102: Lab 9
Simulated ABO and Rh Blood Typing
Objectives:
After completing this laboratory assignment, students will be able to:
• explain the biology of blood typing systems ABO and Rh
• explain the genetics of blood types
• determine the blood types of several patients
Introduction:
Before Karl Landsteiner discovered the ABO human blood groups in 1901, it was thought that all blood was the
same. This misunderstanding led to fatal blood transfusions. Later, in 1940, Landsteiner was part of a team
who discovered another blood group, the Rh blood group system. There are many blood group systems known
today, but the ABO and the Rh blood groups are the most important ones used for blood transfusions. The
designation Rh is derived from the Rhesus monkey in which the existence of the Rh blood group was
discovered.
Although all blood is made of the same basic elements, not all blood is alike. In fact, there are eight different
common blood types, which are determined by the presence or absence of certain antigens – substances that
can trigger an immune response if they are foreign to the body – on the surface of the red blood cells (RBCs
also known as erythrocytes).
ABO System:
The antigens on RBCs are agglutinating antigens or agglutinogens. They have been designated as A and B.
Antibodies against antigens A and B begin to build up in the blood plasma shortly after birth. A person
normally produces antibodies (agglutinins) against those antigens that are not present on his/her erythrocytes
but does not produce antibodies against those antigens that are present on his/her erythrocytes.
• A person who is blood type A will have A antigens on the surface of her/his RBCs and will have
antibodies against B antigens (anti-B antibodies). See picture below.
• A person with blood type B will have B antigens on the surface of her/his RBCs and will have antibodies
against antigen A (anti-A antibodies).
• A person with blood type O will have neither A nor B antigens on the surface of her/his RBCs and has
BOTH anti-A and anti-B antibodies.
• A person with blood type AB will have both A and B antigens on the surface of her/his RBCs and has
neither anti-A nor anti-B antibodies.
The individual’s blood type is based on the antigens (not the antibodies) he/she has. The four blood groups
are known as types A, B, AB, and O. Blood type O, characterized by an absence of A and B agglutinogens, is
the most common in the United States (45% of the population). Type A is the next in frequency, found in 39%
of the population. The incidences of types B and AB are 12% and 4%, respectively.
2
Table 1: The ABO System
Blood
Type
Antigens on
RBCs
Antibodies
in the Blood
Can GIVE Blood
to Groups:
Can RECEIVE
Blood from Groups:
A A Anti-B A, AB O, A
B B Anti-A B, AB O, B
AB A and B
Neither anti-A
nor anti-B
AB O, A, B, AB
O
Neither A nor
B
Both anti-A.
1
Business Intelligence Case
Project Background
Mell Industries is a national manufacturing firm that specializes in textiles based out of
Chicago. Starting out as a small factory in Warrenville, Illinois, the firm experienced a period of steady
growth over the past twenty-four years. Steadily opening new warehouses and factories in the
surrounding areas in Michigan and Indianapolis until eventually moving their base of operations to
Chicago. Due to this expansion, Mell Industries is at the height of its production and hopes to avoid any
interferences or deceleration of growth.
In recent years, the firm has been under heavy media scrutiny for supposedly compensating its
female staff unfairly lower compared to male counterparts. This was initiated when a disgruntled
employee leaked the company payroll allegedly showcasing an unjust gap of income between the
female employee and her male counterpart. This type of gender pay gap is highly criticized and as a
precaution, Mell Industries has hired Cal Poly Pomona to conduct research to determine the validity of
these claims. Mell Industries has provided Cal Poly Pomona with a data set of a sample population of
747 employees. Mell Industries has also offered Cal Poly Pomona compensation for any promising
information gathered. Mell Industries may use information gathered from this project in future
employee compensation decisions.
The initial dataset has been given to you in the form of an excel spreadsheet titled
Case_dataset.xlsx consisting of 12 columns labeled:
● Column A - Employee ID
● Column B - Gender
● Column C - Date of Birth
● Column D - Date of Hire
● Column E - Termination Date
● Column F - Occupation
● Column G - Salary
● Column H to L - Employee Evaluation Metrics
In addition, Mell Industries provided the latest annual employee performance review evaluation
results rating each employee in various performance categories. They have turned over this information
separately and as a consultant, it is your task to provide Mell Industries with the most accurate and
relevant information in a digestible form. Furthermore, using excel skills learned during the course, you
will manipulate and analyze the data set in order to make appropriate managerial decisions. You will
utilize excel functions highlighted in this project as well as a pivot table and chart to form a decision
support system in order to answer the critical thinking questions.
Project Objective
The purpose of this project is to perform a methodical data analysis to assist the company make
an informed decision. This could also serve as a basis for implementing critical adjustments to certain
business aspects if necessary. Illustrate the business process by condensing a large set of data, to
present relevant information with data visualization. We will be utilizing Microsoft Excel 2016 to
complete this project.
2
TA.
1 Essay #2 Multimodal Analysis In this 4-5 page p.docxoswald1horne84988
1
Essay #2 Multimodal Analysis
In this 4-5 page paper, you will pick an advertisement about The Walking Dead to analyze and
evaluate how it creates an argument through multimodality.
Most media you encounter each day combines modes—news articles include photographs;
television shows include audio, verbal text, and gestures; websites make use of alphabetic text
and spatial arrangement; music contains both lyrics and sound. Even an academic paper has
multimodal elements such as font choice, double-spacing, margins, etc. By analyzing multimodal
texts you can become a more active viewer of the media that surrounds us and understand how
media shapes our understanding of the world.
Ultimately, your goal is to recognize and evaluate different modes in order to discover how the
modes work together to create arguments and how they respond to rhetorical situations. Your
thesis should make an argument for how you interpret the ad’s message and whether the ad is
successful or not (i.e. is it persuasive for its intended audience) based on its use of visual and
rhetorical strategies. In other words, you will take a stance about the piece and make an argument
about its messages and rhetorical strategies. In the body of your essay, you will use rhetorical
appeals (ethos, pathos, logos) and concepts from visual design to specifically focus on HOW the
visual rhetoric works, not simply WHAT it conveys: discuss how the use of rhetorical appeals
determines the effectiveness of the visual argument. To complete the essay successfully, you
will need to discuss specific and concrete elements of the image/commercial as visual and/or
audio evidence.
Assignment Objectives
• To gain the ability to recognize the modes and media elements in a multimodal text.
• To use multimodal evidence to make an argument.
• To improve the ability to describe evidence in specific detail.
• To strengthen critical thinking and analysis skills
• To understand a multimodal text in terms of its rhetorical situation.
• To become an active viewer of multimodal texts.
Assignment Requirements
• 4-5 page essay, double-spaced, 12-point TNR font
• Includes a clear introduction that identifies all elements of rhetorical situation for the ad
(speaker, purpose/message, intended audience, contexts)
• Includes an argumentative thesis that provides an interpretation of the ad’s message and a
claim about its rhetorical effectiveness based on rhetorical and visual/audio strategies
• Includes clear, claim-based topic sentences that organize the essay around analytical
points
• Analyzes evidence from the ad (does not summarize) by interpreting concrete details for
the reader
• A conclusion that summarizes main points and provides some kind of application for
readers
2
Aspects of Multimodality to Consider
The following are the five main modes that can be found in a multimodal text with some
examples of elements .
We all have good and bad thoughts from time to time and situation to situation. We are bombarded daily with spiraling thoughts(both negative and positive) creating all-consuming feel , making us difficult to manage with associated suffering. Good thoughts are like our Mob Signal (Positive thought) amidst noise(negative thought) in the atmosphere. Negative thoughts like noise outweigh positive thoughts. These thoughts often create unwanted confusion, trouble, stress and frustration in our mind as well as chaos in our physical world. Negative thoughts are also known as “distorted thinking”.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
The Indian economy is classified into different sectors to simplify the analysis and understanding of economic activities. For Class 10, it's essential to grasp the sectors of the Indian economy, understand their characteristics, and recognize their importance. This guide will provide detailed notes on the Sectors of the Indian Economy Class 10, using specific long-tail keywords to enhance comprehension.
For more information, visit-www.vavaclasses.com
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
Ethnobotany and Ethnopharmacology:
Ethnobotany in herbal drug evaluation,
Impact of Ethnobotany in traditional medicine,
New development in herbals,
Bio-prospecting tools for drug discovery,
Role of Ethnopharmacology in drug evaluation,
Reverse Pharmacology.
Digital Tools and AI for Teaching Learning and Research
1 Contemporary Approaches in Management of Risk in .docx
1. 1
Contemporary Approaches in Management of Risk in
Engineering Organizations
Assignment-1
Literature review
Student name: Hari Kiran Penumudi
student id: 217473484
Table of Contents
2
INTRODUCTION……………………………………………………
…………………3-4
OBJECTIVES &
DELIVERABLES…………………………………………………....
2. 4
REVIEW OF
LITERATURE………………………………………………………
…....5-13
Risk and Risk
Management………………………………………………………5-6
Risk Management
Frameworks……………………………………………….....6-10
Importance of Risk Management in
Engineering………………………….........10-13
GENERAL PROBLEM
STATEMENT…………………………………………………13-14
RESEARH
STRATEGY…………………………………………………………
………14-15
RESOURCES
REQUIREMENTS……………………………………………………
….16
PROJECT
PLANNING…………………………………………………………
………..16
REFERNCES…………………………………………………………
………………….17-19
3. Contemporary Approaches in Management of Risk in
Engineering Organizations
3
Introduction
The term, ‘risk’ as defined by the Oxford English dictionary is a
possibility to meet with any
kind of danger or suffer harm. Risk is a serious issue that every
organization has to deal with in
their everyday operations. However, nature and magnitude of
risks largely vary from
organization to organization and often depend on the type of the
organization. Therefore,
organizations irrespective of their type of operations keep a risk
management team that looks
after every risk to which an organization is vulnerable.
Organizations in the field of engineering
also have to come across some inherent risks that negatively
impact their operations. Engineering
may be defined as the process of applying science to practical
purposes of designing structures,
4. systems, machines and similar things. Therefore, like every
other organization, risk assessment
and management is also an integral part of engineering
organizations. Since the task of
engineering is mostly complex, the risks in this area are also
very complicated. If risks in
engineering field are not mitigated effectively it may produce
long-term danger that may affect
both the organizational services and the society in whole.
Hence, the activity of risk management
within engineering organizations must be undertaken seriously
and measured thoroughly in order
to reduce the threat of risks. Amyotte et al., (2006) simply puts
it like within the engineering
practice, an inbuilt risk is always present. Studies have found
that despite the knowledge of
inherent risks within the field and activity of engineering,
organizations are not very aware in
imparting knowledge about risk management to their engineers.
From this the need of education
regarding the risk management approaches arises. Therefore,
this paper tries to find out
approaches to management of risks and importance of these
approaches within the area of
5. engineering. Bringing on the contemporary evidence from the
literature review related to risk
management approaches, the paper examines how those
approaches can be helpful for
4
engineering organizations. Moreover, the paper puts focus into
why risks must be mitigated in
order to bring the operational success. The paper tries to
develop a theoretical framework of risk
management practices that have paramount value based on
literature review and then proposes a
risk management framework for educational purposes.
Objectives and Deliverables
In order to examine the necessity of risk management,
contemporary approaches to risk
management, and importance of these approaches within the
area of engineering, the paper
frames out two significant research questions based on which
the objectives of this study has
been developed. The two research questions are:
i) Why risk management is important for engineering
6. organizations?
ii) What approaches to risk management should be taken by
engineering organizations?
The first question, “Why risk management is important for
engineering organizations?”tries to
examine the importance of risk management within the field of
engineering. The argument is
made in support of the knowledge and necessity of risk
management as an important factor for
all engineers as a part of their duty. Based on the findings of
literature review, the importance of
management of risks for engineers is set on three directions:
moral, legal, and financial.
The second question, “What approaches to risk management
should be taken by engineering
organizations?” argues that engineers irrespective of their
operational difficulties should have
risk management knowledge. The risk management should not
be limited to only engineers, who
have high-risk duties but the whole organization should take
approaches toward managing risks.
Among several discussed approaches, risk communication has
given a particular attention.
7. 5
Review of Literature
The first section of the literature review part provides an
overview of existing knowledge and
identifies the gaps. Based on a methodical and in-depth review
of available literature, this section
presents an overview of the existing knowledge-base relating to
the risk management approaches
within the field of engineering. Besides providing a review of
the important concepts pertaining
to the study, it will also demonstrate a review of the key
findings of relevant research projects
that have already been accomplished locally and internationally.
Risk and Risk Management
The term risk as defined by Amoyette et al., (2006) is the
possibility of loss, harm, or any kind
negative consequences arising out of a hazard. The importance
of risk involves both the
possibility of an unwanted condition and the severity of its
outcome. This definition of risks
brings up three significant features of risk that organizations
could face. They are: a) risk is an
8. outcome of an unidentified hazard; b) risk can arise in four
major areas- people, environment,
assets, and production; and c) risk has two aspects- probability
and severity. Gandhi (2010) finds
out nine major constituents of systematic risks, which includes
schedule, technical, financial,
vendor, culture, reputation, intellectual property, compliance,
and quality.
The definition of Risk management as put by Amoyette et al.,
(2006) involves the entire process
of understanding a risk, assessment of a risk, decision-making
to control the risk effectively etc.
and they must be implemented in a proper way. The first step
towards the risk management is
active identification of prospective hazards. Effective hazard
identification leads to a proper
management of those risks in order to turn them acceptable.
This definition is developed based
on the functional definition of risk management from the study
of Wilson & McCutcheon,
6
9. (2003). In relation with this definition, the cycle of risk
management-risk analysis, risk
assessment, and risk management- as presented by Bird &
Germain (1996) is established again.
In the area of engineering, organizations should also analyze the
risk at first to know the risk
probability and consequences, and then should assess the risk in
order to take proper risk
management method.
Risk Management Frameworks
Amoyette et al., (2006) in their risk management framework
have presented the following risk
management approach, which represents best practices within
organizations across the world.
The steps in their risk management framework are:
i) Planned Reviews: This step that usually includes functions
such as, investigation of
incidents, reviews of insurance company, reviews of regulatory
activities
(environmental reporting, inspection of pressure vessels,
renewal needs of assets, law
changes, code updates etc.) is generally conduced to obtain
necessary information to
10. monitor organizational operations and develop new designs for
projects accordingly.
ii) Hazards Identification: By utilizing various hazard
identification tools, such as
Hazard and Operability Study (HAZOP), Hazard Checklists
(HCI), What-if-Analysis,
Fault Tree Analysis (FTA) etc. the management team needs to
determine factors by
means of risk analysis.
iii) Risk Assessment/Analysis: Risk analysis is necessary to
gain insight into the
components of risk- risk probability and risk consequences.
While probability of risks
is related to failure of system, human resources, or environment
etc., consequences of
7
risks related to engineering services are mainly thermal
radiation, smoke, explosions,
toxic exposure, environmental pollution, lethality, toxic cloud
dispersion etc.
iv) Acceptability of Risk: According to the study of Amoyette
et al., (2006) the risk
11. acceptability can be measured depending on the level of risks-
low-level risks, which
are acceptable; medium-level-risks, which are acceptable only
after certain
modifications; and high-level-risks, which are unacceptable.
This is also found in
Kathryn Bingham’ (2012) report that focuses on general
contemporary approaches to
risk management.
v) The Residual Risk Manage: An acceptable risk must be
managed in order to
prevent undesirable effects Safety management such as, health
and occupational
safety, process safety, equipment reliability etc. is one key tool
to manage such risks.
(Amoyette et al., 2006).
vi) Risk Reduction: An unacceptable risk can often be reduced
to acceptable level by
employing such techniques like further control, protective
features etc. However, in
cases of engineering organizations, they may often face
increased operational risks
due to the changes made.
12. vii) Discontinuation of Activity: If the risk is too high to take,
the management of
engineering organizations must discontinue an activity in
standard of engineering
ethics.
8
Source: Amoyette et al., 2006
Mohamed Noordin Yusuff in his report presents four general
approaches to risk management.
i) Risk Identification: This includes identifying both internal
and external risks to any
project.
ii) Risk Quantification: This includes risk assessment and their
connection to each other.
iii) Development of Risk Response: This step may include
either of risk avoidance, risk
mitigation, or risk acceptance.
9
13. iv) Control of Risk Response: This involves implementation of
the risk management
plan.
Information technology (IT) is a significant field within the
domain of engineering. Therefore,
upon successful accomplishment of IT projects and software
management, the success of
engineering organizations largely depend. Therefore, risk
management in this field is another
crucial direction.
Pimchangthong and Boonjing (2017) in their study developed
research framework to examine
the effect of organizational factors (type and size of
organizations) along with practices of risk
management (risk identification, analysis, response planning,
and monitor and control) to the
success of IT projects. The study identified two essential
factors- risk identification and risk
response planning- that largely influence the performance of
process and success of IT projects.
The study found negative effect of risk analysis on the
performance of product.
14. Lytinen et al., (1995) set a framework for risk management in
software. There are three levels of
software development environment- management environment,
project environment and system
environment. At each level of the setting there are separate set
of technology, task, actors, and
structures. The three environments are two-directional
connected by risk-based management
process and development process. This model shows that the
three distinct set of socio-technical
system are directly entwined by the above-mentioned two
change processes that have common
bounded rationality (Lytinene et al., 1995).
Another study of Almeida et al., (2015), found that engineering
risks at each stage of any
undertaken project are needed to be properly managed in order
to fulfill specified performance-
based obligations. This can only be conveyed through
demonstration of statement of technical
10
conformity, such as presenting reports of technical risks, or
performance certificate of risks in
15. order to formulate informed decisions. The authors propose to
utilize the risk management
framework throughout all phases of planning, programming,
designing, constructing, and
building projects.
The study of Giradi et al., (2017) offers insight into the risk
factors and their management related
to infrastructure projects. The findings of study suggest that
although the risk factors influence
the performance of projects, it is depended on the intensity level
of risk management. However,
it does not vary with increasing complexity of the projects. The
study of Ibbs & Kwak (2000)
found out that since risk factors identification is the most
critical part of infrastructure projects, it
may provide negative reflexes to the performance of the
projects if not well managed (Shenhar et
al., 2005; Zwikael & Ahn, 2011).
MITRE recognizes that for enterprise engineering programs,
risk management is necessary. it
help the decision makers to gain an enterprise-across
understanding of various risks, their
possible outcomes, their interdependencies, and waving impact
16. within the enterprise and beyond
it (MTRE).
Importance of Risk Management in Engineering
Engineers have to manage a wide variety of projects and
therefore, generally they have to take
part in risk management activities related to those projects. So,
risk management is an inherent
part of an engineer’s knowledge base. Apart from this, as
Amoyette et al., (2006) suggested in
their studies are following:
i) Moral Direction: Since the primary objectives of all
engineering projects is to
maintain the well-being of public, the risk related to each level
of any project must be
http://www.scielo.br/scielo.php?pid=S0104-
530X2018000100030&script=sci_arttext&tlng=en#B049
http://www.scielo.br/scielo.php?pid=S0104-
530X2018000100030&script=sci_arttext&tlng=en#B049
http://www.scielo.br/scielo.php?pid=S0104-
530X2018000100030&script=sci_arttext&tlng=en#B058
11
well-managed in order to maintain organizational cultural
approach to safety
17. (Hopkins, 2005). The need of ethical risk management
education is also recognized
by Guntzburger et al. (2017) in order to advance the progressive
change. Moral
evaluation of risk management in engineering profession is also
studied by Colleen et
al., (2011) and sets criteria for scientific hypothesis evaluation.
ii) Legal Direction: Due to the factor of large scale of
associated industrial hazards, the
engineering organizations must be bound with legal obligations
and they must abide
by the legal requirements in order to avoid legal risks of any
kind.
iii) Financial Direction: Financial motivation for risk
management involves elements of
self-determination, major loss avoidance, corporate
responsibility and value.
iv) Educational Needs: The need of education of risk
management for engineers arises
out of the three above-mentioned directions. Engineering
organization should take
special care in educating their in-job or trainee engineers about
the risk management.
18. ABET (2012) makes recommendation for systematic risk
management to be made for
accreditation.
The study of Amoyette et al., (2006) focused on another very
significant side that is risk
management education for all engineers irrespective of their
disciplines. As engineers are often
need to work as a team for a successful completion of any
project, and the team comprises of
engineers coming from different fields, they all have to learn
about the hazards and risks
associated with their tasks.
Although risk-management is a crucial part of responsibility for
all engineering organizations,
there is not very vast area of knowledge related to this field. A
few researches have put light into
creating risk-management frameworks; there is a lack of general
approaches to it. Moreover, the
12
body of literature lacks an approach to educate engineers about
the risk management process.
19. The study of Gandhi & Gorod (2012) signifies the lack of a
systematic risk management
education within engineering organizations which often results
into the failure of large projects
that have serious social, economical, environmental
consequences.
The study of Djaferis (2004) finds out that in addressing
systematic risks engineering education
for the most part lacks proper directional support and there is a
lack of multidiscipline as they do
not give enough attention to integration of knowledge and risk
management. In their systematic
literature investigation of risk management of product
development projects
Ahmed et al., (2007) suggests that a further risk focused
approach will likely result into an
integration of numerous risk-management techniques that will
in turn increase the effectiveness
of outcome.
The project report of Koutha (2010) puts focus into the
significance of risk management
knowledge including methodologies, tools, practices etc. due to
the increasing number of
software projects.
20. The second section of this literature review part provides an
overview of existing methodologies
and experimental designs applied to the relevant research
projects that have been conducted
previously.
Most of the literature in this field is developed based on
previous knowledge and case studies
associated with that knowledge. Depending on these two
methods, some researchers have built
their own experimental risk-management frameworks. These
frameworks are helpful to gain
perspective on how risk management is taken within the
particular discipline of engineering. The
case studies conducted to this approach are helpful to
understand what organizations are
13
necessarily applying in their risk management direction.
Moreover, the simulation based studies
are helpful to set a model of problems in order to teach about
the problem. The study of Gandhi
& Gorod is based on the literature review that includes survey
21. distribution to faculty of
engineering management programs to assess courses, offered by
the U.S on risk management.
The qualitative researches in this field present an understanding
of opinions, reasons, and
motivations related to risk-management, while the quantitative
analysis found in some of
literature takes a systematic approach towards investigation of
problems in project management
in engineering. However, the methodologies lack to set a form
of framework needed to educate
engineers about the risk management requirements. In order to
fill this gap, the present study
takes an approach to set a framework for the education of risk-
management within engineering
field.
General Problem Statement
Although depending on discipline of engineering, risks may
vary from organization to
organization, there is a lack of general approach that should be
taken into the field of
engineering. The risk-management within the engineering
organizations should not be limited to
22. risk-management team or senior leadership, but every engineer
should have knowledge of the
potential hazards. The importance of risk management education
for engineers is not largely
covered by potential literature. Therefore, there lies a limitation
in the approach toward the risk
management. This limitation has its own concerns. Without a
proper knowledge of risk
management, engineers will not successfully accomplish any
task. Therefore, to fulfill this
knowledge gap, this study looks for a general approach of risk
management that should be taken
by all engineering organizations. This approach will identify the
need of risk management
training and education for all engineers besides including a
general framework to risk
14
management. Continuous training regarding hazard
identification, assessment, planning,
managing, response, outcome determination etc. should be taken
place within engineering
organizations. The general approach of every engineering
23. organization should be to tackle those
risks with a well-grounded risk management approach that will
not include strategies of risk
management only, but also emphasize on the need of education
of the risk management.
Research Strategy
This section presents a framework that outlines the steps in
which the proposed research project
will be carried out to achieve the research objectives. First of
all, the research strategy applied to
this study is descriptive (Gill, 2011), qualitative (Yin, 2015),
and inductive (Martins &
Theophilo, 2009). The methodological path developed for this
research follows the following
direction: a) exploration of study topic, research objectives
based on the development of research
questions, b) elaboration of existing literature in this field
related to the topic and finding out the
literature gap in order to put more focus into it, c) development
of the theoretical framework of
the study based on the literature review. This paper is mainly
developed to review existing
literature in management techniques of risks in order to find out
their applicability to various
24. processes of managing risks such as, context set-up, risk
identification, risk analysis and
treatment.
Based on the existing literature, the present study will try to
find out relevant data in the field and
utilize that data and information in order to develop both the
theoretical framework of risk
management approaches as well as set a model for risk
management education framework.
As demonstrated earlier that this study aims to answer two
major research questions: Why risk
management is important for engineering organizations? And
what approaches to risk
15
management should be taken by engineering organizations?
Consequently, the main objective of
the study evolves from these questions; that is to gain better
understanding to risk management
framework that organizations can apply to educate their
engineers about the risks. To this end,
three particular objectives have been pursued: i) determine the
25. existence of risk factors and their
relationship to performance, and ii) significance of risk
management education and their positive
influence.
For this research, the literature review, chosen across different
disciplines within the engineering
field in order to gain better insight how different engineering
organizations manage and control
their risks. The researchers mainly include a wide variety of
studies from peer-reviewed
engineering journals or professional engineering body, or
individual authors, who have put their
own opinions into the matter. They are mainly searched through
search engine across different
websites and journal publishers. The sources are mainly utilized
to establish research studies for
a confirmation on division between industry and academic
institutes in this field of engineering
risk management and to set up successful course design and
methodology development that will
enhance the usefulness of the course objectives. A wide variety
of researches helps to indicate
how the research processes have been conducted earlier. This
understanding helps to find out the
26. lack in literature as well as develop the strategy for the present
research.
After the development of risk management framework
associated with the topic, the study will
emphasize on the significance of applying the framework with
engineering organizations. This
will be conducted again through a descriptive way, putting
recommendations for the application.
16
Resource Requirements
The project does not need much external resources like lab
equipments or other such things. The
study is mainly depended on secondary sources. Based on the
available data and information of
literature and existing knowledge in this field, the project has
been developed. The study
supports the existing resources.
However, to find out the significance of the application of
proposed framework further external
27. assistance may be needed, but this does not fall within the scope
of this study. This must be
investigated through further researches.
The cost of the project is also within the budget. It is not too
much as it needs only a little
expense.
Project Planning
The proposed tasks in order should be presented in timelines for
accomplishing the research
activities and project deliverables. The planning of the project
involves:
This should take one day.
oretical analysis of relevant information and
developing the theoretical
part of the study. This should take one to two days.
existing and new
knowledge. This may take a few hours.
ing other relevant parts of the project. This will take
another few hours.
28. 17
References:
1. ABET. (2012, January 4). ABET Accreditation Available:
http://www.abet.org/DisplayTemplates/NewsAndPubs.aspx?id=5
7
2. Ahmed, A., Kayis, B., Amornsawadwatana, S. (2007). A
review of techniques for
risk management in projects. Benchmarking: An International
Journal, Vol. 14 Issue:
1, pp.22-36, https://doi.org/10.1108/14635770710730919
3. Almeida et al., (2015). Engineering risk management in
performance-based building
environments. Journal of Civil Engineering and Management,
Volume 21, - Issue 2
4. Amoyette et al., (2006). Risk Management: An Area of
Knowledge for All Engineers.
The Research Committee of the Canadian Council of
Professional Engineers
5. Bingham, K. (2012). Contemporary Practices in Risk
Management: Implementation Ideas
29. from Leading Companies. Audit Executive Centre.
6. Djaferis, T. E. An Introduction to Engineering: Complexity
in Engineered Systems,"
presented at the 43rd IEEE Conference on Decision and Control,
Atlantis, Paradise
Island, Bahamas, 2004.
7. Gandhi, S. J. & Pinto, C. A. (2010). AN EVALUATION OF
RISK MANAGEMENT
COURSES OFFERED IN ENGINEERING MANAGEMENT
PROGRAMS ACROSS
THE UNITED STATES, presented at the American Society of
Engineering Management
(ASEM), Annual Conference Fayettville, AR.
8. Gandhi, J. & Gorod, A. (2012). The Importance of
Understanding Systematic Risk in
Engineering Management Education. American Society for
Engineering Education.
https://www.emeraldinsight.com/author/Ahmed%2C+Ammar
https://www.emeraldinsight.com/author/Kayis%2C+Berman
https://doi.org/10.1108/14635770710730919
https://www.tandfonline.com/toc/tcem20/current
https://www.tandfonline.com/toc/tcem20/21/2
18
30. 9. Girardi et al., (2017). Characterization of risk factor
management in infrastructure
projects, Gest. Prod. vol.25 no.1
10. Guntzburger, Y., Pauchant, T.C. & Tanguy, P.A. (2017)
Science Engineering Ethics,
23: 323. https://doi.org/10.1007/s11948-016-9777-y
11. Koutha, P. (2010). Objectives and Outcomes in Risk
Management Education. College of
Technology Directed Projects. Paper 26.
http://docs.lib.purdue.edu/techdirproj/26
12. Ibbs, C. W., & Kwak, Y. H. (2000). Assessing project
management maturity. Project
Management Journal, 31(1), 32-43.
13. Lytinene et al., (1995). A Framework for Software Risk
Management. Scandinavian
Journal of Information Systems, 1996, 8(1):53–68.
14. The MITRE Institute, n.d. Risk Management Approach and
Plan. Retrieved from:
https://www.mitre.org/publications/systems-engineering-
guide/acquisition-systems-
engineering/risk-management/risk-management-approach-and-
31. plan
15. Murphy, Colleen, Paolo Gardoni and Charles E. Harris.
2011. Classification and Moral
Evaluation of Uncertainties in Engineering Modeling. Science
and Engineering Ethics.
17(3): 533-570.
16. Yusuff, M. N. Contemporary Approaches to Project Risk
Management: Assessment &
Recommendations.
17. Pimchangthong, D. and Boonjing, V. (2017). Effects of Risk
Management Practice on the
Success of IT Project. Procedia Engineering, 182, 579 – 586.
18. Shenhar, A. J., Dvir, D., Milosevic, D., Mulenburg, J.,
Patanakul, P., Reilly, R., Ryan,
M., Sage, A., Sauser, B., Srivannaboon, S., Stefanovic, J., &
Thamhain, H. (2005).
https://doi.org/10.1007/s11948-016-9777-y
19
Toward a NASA-specific project management framework.
Engineering Management
Journal, 17(4), 8-16.
32. http://dx.doi.org/10.1080/10429247.2005.11431667.
19. Zwikael, O., & Ahn, M. (2011). The effectiveness of risk
management: an analysis of
project risk planning across industries and countries. Risk
Analysis, 31(1), 25-37.
PMid:20723146. http://dx.doi.org/10.1111/j.1539-
6924.2010.01470.x.
http://dx.doi.org/10.1080/10429247.2005.11431667
http://dx.doi.org/10.1111/j.1539-6924.2010.01470.x
Read and View:
Personality, Leadership, and Emotional Intelligence
· How Implicit Personality Affects Leadership
· Personality and How It Relates to Leadership
· Emotional Intelligence and Leadership
· What is emotional intelligence?
· Interview of Daniel Goleman, Emotional Intelligence Social
Intelligence and Leadership
· Personality and Leadership 9.5min
· Personality and creating your Leadership style
· Critical Leadership Skills: Key Traits That Can Make or Break
Today’s Leaders
Moral Compass Leading with Values
· Moral Intelligence for Successful Leadership
· Why Leaders Lose Their Way
Cultural Intelligence:
· Why You Need Cultural Intelligence and How to Develop it
Take the following Self-Assessment Tests. Record the results
for use in this week’s assignment.
33. · Jung Personality Typology Test
· Communication Skills Test
· Self Esteem Test
· Leadership Skills Test
· Leadership Style Test
· Cultural Intelligence Test
· Emotional Intelligence Test (A technical issue may occur in
which the web page cannot be viewed when accessed from a
direct link. If you encounter this issue, please copy and paste
the following web address into the address bar to access the web
page: https://globalleadershipfoundation.com/geit/eitest.html )
· Ultimate Ethics Quiz
Biotech Leadership Competencies Table
(completed as part of the Job Announcement group project)
Biotech has identified the following four core values:
Customer-centricity, Innovation, Knowledge, Sustainability*
*Biotech defines sustainability “both for profit and planet”.
In order to complete the job announcement, your group must
identify the leadership competencies that are aligned with each
of these four core values. Here are two examples of how other
companies do this.
SmithKline Beecham (SKB) has identified leadership
competencies aligned with its core values of Performance and
People:
SKB Core Value Leadership Competencies
34. Performance
· Establish plans
· Manage execution
· Influence others
· Drive for results
People
· Foster enthusiasm and teamwork
· Reward and celebrate teamwork
· Attract and develop talent
· Build relationships
Source: Manzi, L., & Abramson, J. (1999). SmithKline
Beechum. In D. Giber, L. Carter & M. Goldsmith (Eds.),
Linkage Inc.’s best practices in leadership development
handbook (pp. 397-424). Lexington, MA: Linkage Press.
Starbucks has as one of their core values “Neighborhood.”
They have identified the following leadership competencies as
important in the local leadership of each of its stores:
· Connect with neighborhoods we serve
· Reach out by volunteering in the community
· Support local programs and causes
Source: Schultz, H. (2011). Onward: How Starbucks fought for
its life without losing its soul. New York, NY: Rodale.
Note that the leadership competencies for these two companies
are different in what they mean; however, they have one thing
in common: all leadership competencies start with a verb. They
are actionable. That means that you can observe it being done,
and you can measure it. That is a key to writing leadership
competencies so that they are meaningful.
For each of the four Biotech core values, identify three
leadership competencies that align well. Under “Source”
identify the course material from which each of these leadership
competencies was found.
35. Biotech Core Value
Leadership Competencies (follow examples above)
Source (Author, Year)
Customer-centricity
Customer Connectedness
Top 10 Must-haves for a Customer Centric Leader ( Jaiswal,
2017)
Enhancing effective customer relationships
Leaders at all levels (Canwell, A., Stockton, H., Dongrie V.,
Neveras, N., 2014)
Encourage customer feedback (positive or negative)
Leaders at all levels (Canwell, A., Stockton, H., Dongrie V.,
Neveras, N., 2014)
Innovation
Taking risks and innovating
Leadership Competencies (Society for Human Resource
Management, 2018)
Creativity
Leaders at all levels (Canwell, A., Stockton, H., Dongrie V.,
Neveras, N., 2014)
Setting Vision and Strategy
Leadership Competencies (Society for Human Resource
Management, 2018)
Knowledge
Understanding and navigating the organization
Leadership Competencies (Society for Human Resource
Management, 2018)
Increasing your capacity to learn
Leadership Competencies (Society for Human Resource
Management, 2018)
36. Understanding the core business well
Leaders at all levels (Canwell, A., Stockton, H., Dongrie V.,
Neveras, N., 2014)
Sustainability
(for profit and planet)
External collaboration
Leadership Competencies (Society for Human Resource
Management, 2018)
managing effective teams and work groups
Leadership Competencies (Society for Human Resource
Management, 2018)
demonstrating ethics and integrity
Leadership Competencies (Society for Human Resource
Management, 2018)
Assignment 3 - Final Project
Proposal
Requirements
The following is a guide to help you construct your final report
for SEN719
This report is a comprehensive proposal detailing your project.
While it is
based on what you have submitted in assignment 1, your work
and thinking
37. should be extensively developed; and thus sections of this
report that are
similar to those contained in assignment 1 should be
significantly improved.
There is no exact word limit, but as a guide you should expect
to write
around 5000 words or 20 pages. However, it is understood that
different
projects will require more description and explanation than
others. It should
also be understood that an excessively long report can be as
ineffective as an
overly short one. If you have any doubt about how long the
report should be,
consult your academic supervisor.
Note that this is a minor change from the Unit Guide, which
says no more
than 5000 words. Many of you find this to be somewhat
restrictive. If your
project contains a lot of additional information that may make it
difficult to
stay within this limit, consider the use of appendices.
Please use the following guidelines for your report:
38. Project Title
Please include the title, your name and student details, your
supervisor(s)
Introduction
An introduction provides context to the project by including
background
information that highlights the importance of the area to the
industry and/or
public. You should demonstrate an in-depth understanding of
the general
importance and implications of the project area
Project aim and objectives
The project aim and specific objectives were introduced in the
initial
proposal, however, these may have been further refined or
adjusted. Clearly
articulate the specific project objectives and project benefits to
the research
area, industry and/or the public. Clearly identify any
stakeholder
requirements, such as from your supervisor, industry,
researchers or other
39. organisations that have a vested interest in the outcomes of the
project.
Literature review
A literature review serves a number of purposes in a research
project. In
simple terms, the literature review should justify the need for
the project, the
project objectives and the intended methods that will be
utilised. Thus you
should:
-depth understanding of the area of study in
terms of
the important issues, theory and approaches that have been
previously
undertaken to study it
monstrate an understanding of what others have previously
learned
by studying the area, and thus identifying the best way to study
it to
address your specific objectives
previous
40. research done in the area
Note that this can be based on your initial literature review.
However, it
should also be noted that your work will have moved on since
that was
written and additional literature is generally expected.
Detailed methodology and deliverables
The methodology should provide a detailed outline of the
tests/methods/techniques/etc. that will be undertaken in the
project. Clearly
explain the approach that will be used in the project, including
detailed
steps/tasks/tests/etc. Demonstrate an understanding of the
outputs that will be
generated using the methodology, and how these can be used to
provide an
outcome/deliverable/solution to each of the project objectives.
Demonstrate
an understanding of the limitations or disadvantages of the
approach being
undertaken.
41. Project planning
Evidence that the project can be completed safely and
professionally within
the timelines allowed. This may include a timeline/gantt chart
that clearly
identifies the scheduled tasks, resources, milestones and
timeline for the
project, evidence of project progress tracked against the project
plan/timeline,
critical tasks highlighted with any risks to completion of the
project
identified, work safety assessment completed and submitted to
Cloud Deakin
and any ethical considerations related to the design of the
project identifed
and appropriately discussed
Response to feedback
Feedback will be provided by your supervisor or after the initial
proposal or
oral video presentation. Please consider any of the feedback in
the form of a
reflection on your project. It can be in the form of a selection of
42. headings
where comments have been made about your project, followed
by a
discussion on how you have addressed these comments.
Assessment
You will be assessed according to the the rubric that will be
provided as a
separate document. You might like to ask yourself the following
questions as
a way to establish the standard of your report. They may also
form a basis for
discussion with your supervisors and other stakeholders.
Planning and justification of aims and objectives – Have you
described a
technically significant project, with achievable objectives and
aims that are
clearly explained? Are these objectives fully justified in terms
of stakeholder
requirements and backed up by the literature?
Literature – have you developed a clear context for your project
in terms of
what value it may have to the stakeholders? Have you included
43. appropriate
literature to back that up as well as to show what others have
done and how
your project draws from this knowledge?
Planning outcomes and deliverables – Have you described a
clear set of
outcomes and deliverables for your project? Do you have a clear
methodology on how these deliverables will be generated?
Methodology/approach – have you clearly stated how you are
going to carry
out your project in sufficient detail? Does it form a good and
accurate guide
for you to achieve your stated deliverables? Do you understand
what
techniques and skills you will require to complete your project?
If there are
limitations and unknowns to your project, have you allocated
time and
resources to overcome these?
Resources and safety considerations – have you clearly
identified all
44. necessary resources to carry out your project? Have you
completed all
appropriate safety training and documentation? Have you
identified what lab
or other facilities you will need and engaged with the
appropriate technical
staff? Have you determined what equipment, components,
purchased items,
software, etc. you will need to carry out your project? Have you
considered
any ethical issues associated with your project?
Timelines – have you worked out how you are going to manage
your time for
the remainder of the project? Has this been discussed with your
supervisor
and other stakeholders? Does it make sense?
Response to feedback – Have you included a good reflection on
how others
see your project and can you identify how their comments can
improve your
project