Presentation made at the 4th Workshop on Strategic Crisis Management (Paris, 28-29 May 2015). For more information, visit the meeting webpage: http://www.oecd.org/gov/risk/4th-workshop-strategic-crisis-management.htm.
Use of multivariate survival models with common baseline risk under event dep...David Moriña Soler
The document discusses methods for analyzing recurrent event data when the number of previous episodes experienced by individuals is unknown. It compares the performance of three multivariate survival models: the Prentice, Williams, and Peterson (PWP) model; the Andersen-Gill (AG) model; and the shared frailty model (SFM). The PWP model directly handles event dependence but requires knowing the number of previous episodes, while the AG and SFM models specify a common baseline hazard. Through simulations of recurrent event data with different levels of individual heterogeneity and event dependence, the authors assess the bias, coverage, and validity of the proportional hazards assumption for parameter estimates from the three models when applied to samples from cohorts with 1, 3,
This document discusses different methods for calculating cumulative incidence (CI) when studying disease occurrence over time, including simple CI, actuarial CI, Kaplan-Meier CI, and density CI. It provides details on the notation, formulas, and steps used for each method. The key differences between the methods relate to whether and how they account for withdrawals/censoring over time. The appropriate method depends on the type of data available and study time frame.
Infographic - Five steps to successful crisis managment for airlines, in the ...SimpliFlying
Simpliflying is a company that provides assistance to customers. They can help customers with various needs and requests. Customers seeking help can contact Simpliflying by email at info@simpliflying.com.
This document provides guidance on crisis preparation, management, and recovery for higher education institutions. It discusses defining a crisis, preparing a crisis plan with scenarios and training, managing the alarm and response, and recovering after a crisis through organizational, communication, care, and financial actions. Preparation involves creating a crisis plan, inventorying high impact scenarios, training crisis teams, and building relationships. Management covers forming a situation analysis, assessing scenarios, identifying response options, and making decisions. Recovery focuses on diagnosis, organization/communication, research/accountability, recovery/care, finances, and business continuity.
The document discusses crisis management in response to a collapse at a copper mine. It outlines 10 fundamental steps to consider in crisis management involving potential life-threatening conditions. These include having a comprehensive crisis plan, quickly identifying the crisis, and telling all relevant information to those affected fast and honestly. It also discusses the importance of crisis identification and moving fast to find corrective measures. The summary focuses on the key aspects of crisis management discussed in the document - having a plan, identifying the crisis, and communicating transparently and quickly.
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 ...
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.
The document provides an overview of cross-impact analysis (CIA), including its history, key concepts, and step-by-step method. CIA is a technique used to evaluate how the probability of one event occurring impacts the probabilities of other related events. It was originally developed in the 1960s and has since been used for forecasting and futures research. The method involves identifying relevant events, collecting expert judgments on initial probabilities and conditional probabilities given other events, and using these to populate a cross-impact matrix.
Use of multivariate survival models with common baseline risk under event dep...David Moriña Soler
The document discusses methods for analyzing recurrent event data when the number of previous episodes experienced by individuals is unknown. It compares the performance of three multivariate survival models: the Prentice, Williams, and Peterson (PWP) model; the Andersen-Gill (AG) model; and the shared frailty model (SFM). The PWP model directly handles event dependence but requires knowing the number of previous episodes, while the AG and SFM models specify a common baseline hazard. Through simulations of recurrent event data with different levels of individual heterogeneity and event dependence, the authors assess the bias, coverage, and validity of the proportional hazards assumption for parameter estimates from the three models when applied to samples from cohorts with 1, 3,
This document discusses different methods for calculating cumulative incidence (CI) when studying disease occurrence over time, including simple CI, actuarial CI, Kaplan-Meier CI, and density CI. It provides details on the notation, formulas, and steps used for each method. The key differences between the methods relate to whether and how they account for withdrawals/censoring over time. The appropriate method depends on the type of data available and study time frame.
Infographic - Five steps to successful crisis managment for airlines, in the ...SimpliFlying
Simpliflying is a company that provides assistance to customers. They can help customers with various needs and requests. Customers seeking help can contact Simpliflying by email at info@simpliflying.com.
This document provides guidance on crisis preparation, management, and recovery for higher education institutions. It discusses defining a crisis, preparing a crisis plan with scenarios and training, managing the alarm and response, and recovering after a crisis through organizational, communication, care, and financial actions. Preparation involves creating a crisis plan, inventorying high impact scenarios, training crisis teams, and building relationships. Management covers forming a situation analysis, assessing scenarios, identifying response options, and making decisions. Recovery focuses on diagnosis, organization/communication, research/accountability, recovery/care, finances, and business continuity.
The document discusses crisis management in response to a collapse at a copper mine. It outlines 10 fundamental steps to consider in crisis management involving potential life-threatening conditions. These include having a comprehensive crisis plan, quickly identifying the crisis, and telling all relevant information to those affected fast and honestly. It also discusses the importance of crisis identification and moving fast to find corrective measures. The summary focuses on the key aspects of crisis management discussed in the document - having a plan, identifying the crisis, and communicating transparently and quickly.
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 ...
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.
The document provides an overview of cross-impact analysis (CIA), including its history, key concepts, and step-by-step method. CIA is a technique used to evaluate how the probability of one event occurring impacts the probabilities of other related events. It was originally developed in the 1960s and has since been used for forecasting and futures research. The method involves identifying relevant events, collecting expert judgments on initial probabilities and conditional probabilities given other events, and using these to populate a cross-impact matrix.
Understanding the principles and practicalities of risk assessment
Understanding risk evaluation
Selecting and implementing control measures
Monitoring and reviewing
EC Directive 89/391/EEC
IEC/ISO 31010:2009
This journal club discusses the development and validation of the Swedish Tool for Risk/Resource Estimation at EvenTs (STREET). The tool was developed to enable common risk assessment and resource planning for mass gathering events by different organizations. It consists of 35 items across 6 dimensions. The tool was validated through expert review and testing on 3 simulated mass gathering event cases. Results found the tool had acceptable reliability and validity for risk assessment. While it provides a way for organizations to collaborate, further real-world testing is still needed to validate the tool's reliability in practice.
The application of the ‘New Sciences’ to Risk and Project ManagementDr David Hancock
This document provides an overview of an article from the May 2010 issue of PM World Today titled "The application of the ‘New Sciences’ to Risk and Project Management" by Dr. David Hancock. The article discusses how project risk management has traditionally relied on numerical and statistical approaches but could benefit from incorporating insights from chaos theory and considering projects as complex systems. It argues that most projects should be viewed as "deterministic chaotic systems" rather than predictable problems. The article also examines different types of problems like "tame," "messes," and "wicked" problems and how their complexities impact risk management. It concludes that risk professionals need new approaches like "risk leadership" to address uncertainties and complexities rather than relying solely on quantitative
A qualitative and quantitative hazard analysis to provide the public with a reasonable estimate of probability of harm.
Risk Assessment is a science and involves a variety of disciplines to reach an estimate. In an event out of their control, like a release or spill,
the public wants to know how something happened, why it happened, what can happen to them, where they can go for medical assistance if needed, how to get more information, what’s going to be done about it, when will it be done, and how it will be proven that it is safe (and what will be done to prevent this from happening again).
Any data, such as the dose required to cause an infection can be used in creating these estimates. Also, being able to calculate the worst case estimate of the amount released, the dilution factor (environment), the distance to an exposed population, duration of exposure, and individual susceptibilities are a few of the factors involved in determining the risk for the public.
The ability to measure the hazardous agent in air, on surfaces, or within bulk water and soil samples after an incident and again after mitigation goes a long way in estimating the potential risk and ensuring the public.
Quantitative Techniques and Concepts in FinanceRoselle Fuentes
Risk management involves identifying, assessing, and prioritizing risks, then minimizing their impact through coordinated resources. Key principles are creating value, addressing uncertainty, being integrated into decision-making, and continually improving. The risk management process establishes context, identifies potential risks through various methods, and assesses risks using techniques like probability and the Capital Asset Pricing Model.
Question 11. Thoroughly discuss all of the elements associated w.docxIRESH3
Question 1
1. Thoroughly discuss all of the elements associated with developing a budget for a security action plan. Include a discussion about why budgets should be developed during the planning process and the possible consequences associated with developing an erroneous budget.
This assessment should be a minimum of 300 words.
Question 2
2. Detail the differences between performance measurement and quality assurance. Include a discussion of the various techniques for measuring performance and a discussion of the difficulties associated with assessing quality assurance..
This assessment should be a minimum of 300 words.
GENERAL OVERVIEW
There are various types of risks (pure, dynamic, speculative, static, inherent) that are associated with the protection of one’s assets. It is important that organizations are aware of the risks that exist and take action to control known risks. As a result, organizations should utilize the various risk assessment and management tools that are available. When managing risk, the focus should be on the elimination of risk, the reduction of risk, and the mitigation of risk. There are three factors that influence risk management: vulnerability, probability, and criticality. All three factors are equally important, and once assessed, resources should be allocated so that the maximum amount of risk is reduced.
Conducting a risk assessment is a very detailed procedure which requires security managers to consider several factors such as the human, physical and information assets at risk, the probability or of loss, the frequency of loss, the impact of loss (financial, psychological, and other), options available to prevent or mitigate loss, feasibility of implementing options, and cost-benefit analysis. One way to assist organizations in conducting a risk assessment is to utilize a security survey which identifies an organization’s assets, all potential threats to those assets, and existing vulnerabilities that could be exposed by the threats to the assets. Security survey results are not only useful for risk assessments, but are also useful for the current maintenance of safety and future security planning.
Planning and budgeting for implementing security strategies that result from risk assessment is not a simple task. First, there are several types of plans that one must choose from: single-use, repeat-use (standing), tactical, strategic, and contingency. All plans are comprised of three elements that flow in the cyclical manner: needs or risk assessment, alternative courses of action, and action plan selection. There are also several planning and management tools (CompStat, GIS) that can assist in the development of a plan. Once the plan is drafted a budget must be developed which includes a cost-benefit analysis that can help planners determine possible consequences associated with plan-related expenditures, the monetary value of those consequences, and any anticipated future costs ...
This document provides an overview of conducting a risk assessment for transit systems during emergencies. It discusses identifying risks, analyzing risks, evaluating risks, treating risks, and communicating and monitoring risks. Key parts of the risk assessment process include identifying hazards, analyzing risks, categorizing risks, assigning risk owners, and developing a risk management plan. The document also covers emergency planning considerations like coordinating with stakeholders, conducting drills and exercises, and developing a safety, security, and emergency preparedness plan. The overall goal is to assess risks to transit in order to improve safety, security and emergency response.
Hazard risk management is a systematic process that involves establishing the context, identifying risks, analyzing risks, evaluating risks, treating risks, and monitoring and reviewing the process. It aims to contribute to the well-being of communities and the environment. Key steps include defining objectives and stakeholders, identifying hazards and vulnerabilities, analyzing likelihood and consequences of risks, prioritizing risks, developing risk treatment plans, and communicating with stakeholders. The overall goal is to minimize uncertainty from hazardous situations and maximize public safety.
This document discusses using climate scenarios and models to assess climate vulnerabilities in data-poor environments. It presents several approaches for applying scenarios to adaptation planning, including the IPCC approach, risk-based approach, and human development approach. The IPCC approach relies heavily on climate change scenarios to devise adaptation strategies. The risk-based approach also uses scenarios but is more dependent on stakeholder input. The human development approach does not use scenarios and focuses on existing vulnerabilities and adaptive capacity. The document then discusses how Ghana used qualitative methods and downscaled projections to develop district-specific climate scenarios as part of its vulnerability assessments for national adaptation planning.
Smart Cities- A systems perspective on security risk identification: Methodo...Smart Cities Project
This document provides a framework for identifying security risks from a systems perspective. It constructs a four quadrant model to analyze risks from both an objective and perceived perspective, as well as a technical and organizational view. Research applying this framework in 50 Flemish city councils found it useful for identifying a broader range of risks. The methodology combines systems thinking with constructivist triangulation to gain a holistic understanding of risks in their organizational context.
The document provides guidelines for project risk management based on the six risk management processes from the PMBOK Guide. It discusses identifying risks, performing qualitative and quantitative risk analysis, planning risk responses, and controlling risks. An example application to a PMP certification course project is provided to demonstrate practical use of identifying risks, creating a risk register, and customizing a risk breakdown structure for the project.
This document discusses risk assessment and management for disasters. It introduces risk assessment and defines disasters. It then describes risk matrices and outlines the steps in risk assessment. It discusses vulnerability analysis and working with scenarios to assess risks and capacities. Key aspects covered include identifying risks, assessing likelihood and impacts, evaluating measures to reduce risk, and analyzing how scenarios may affect vulnerabilities.
Emergency Plan, Monitoring and Evaluation.pptxPaulAnicete2
The document discusses emergency planning, monitoring, and evaluation. It provides details on creating video projects for a PETA finals demonstration on various disaster risk reduction topics. Students will work in assigned teams to create 10-20 minute videos covering precautionary safety measures for different hazards, basic fire response procedures, proper survival kit contents and use, and an overview of the Philippine disaster management law. The video projects will be evaluated based on clear objectives, well-structured storyboards, and organized, compelling content.
Data analysis to assist the decision making process in crisis situationsElena Susnea
Susnea E. (2014). Data analysis to assist the decision making process in crisis situations, in Proceedings of "The International Annual Scientific Session Strategies XXI", Iss. 03 (pp. 120-124).
Accident Analysis Models And Methods Guidance For Safety ProfessionalsLeslie Schulte
This document provides an overview of accident analysis models and methods. It discusses three categories of analysis techniques: sequential, epidemiological, and systemic. Sequential techniques view accidents as resulting from time-ordered causal events, but cannot adequately account for organizational and human factors. Epidemiological techniques were developed to consider organizational influences, and view accidents as stemming from latent failures within a system. More recently, systemic techniques have emerged that treat socio-technical systems holistically and focus on the interactions between system components. The document aims to inform readers on different analysis approaches and factors that influence model selection.
Fred størseth. new strains of society hidden, dynamic and emergent vulnerabil...NordForsk
The SAMRISK II project aims to address new and unknown vulnerabilities in society through stress-testing existing approaches. The project will (1) explore how stress-testing methods can be applied to societal threats, and (2) use stress-testing to identify the limitations of current risk analysis and resilience methods for complex emerging threats. It involves researchers from Norway, the US, and other Nordic countries, with a budget of 7 million Norwegian krone over 3 years.
The document discusses findings from a study on whistleblower incentives and protection in finance departments. Three key themes emerged: 1) lack of ethical leadership discourages whistleblowing due to fear of retaliation, 2) mutual mistrust between leaders and staff prevents reporting of unethical behaviors, and 3) without whistleblower protections, corruption continues harming social welfare. The findings validate anticipated themes from literature and suggest finance departments should implement stronger incentives and protections to curb unethical practices through whistleblowing.
Havio offers customized risk assessment services to help create safe and satisfying workplaces. A risk assessment identifies hazards, evaluates associated risks, and determines controls. It is required by law for organizations with over five employees. Conducting risk assessments helps create hazard awareness, identify at-risk individuals, ensure controls are adequate, prevent injuries, and meet legal requirements. Documentation of risk assessments is also important.
Crisis management and The Art of Problem SolvingTANKO AHMED fwc
The knowledge and skill for crisis management is imperative to all individuals, groups or agencies, particularly to the youth in a crises-ridden time and space like Nigeria. This paper attempts to describe the meaning and understanding of crisis management to a group of educated, smart and active young people in the pursuit of in leadership and professional competence. Models and theories associated with crisis management are employed to outline strategies for problem-solving in crisis management. The way forward calls for a clear and active role for youth in crisis management. It is recommended for youth, to actively engage in seeking for knowledge and skills, including clear thinking on what to do in times of crisis.
Disaster management involves decision-making, which is the major responsibility of disaster managers. Their decisions must compare alternatives and evaluate outcomes, as errors can compound over time. While some decisions strongly impact the organization, all decisions require evaluating probabilities when accurate information is unavailable. Disaster managers must prepare for risks and make plans that assign tasks and responsibilities before and during disasters. Effective disaster response minimizes harm through timely actions.
The document discusses transparency and oversight of political party financing. It finds that financial contributions to political parties are not fully transparent and are still vulnerable to political and foreign influence. Additionally, financial reports from political parties are not always publicly available or submitted on time according to regulations.
Summary of the OECD expert meeting: Construction Risk Management in Infrastru...OECD Governance
Presented at the OECD expert meeting "Construction Risk Management in Infrastructure Procurement: The Loss of Appetite for Fixed-Price Contracts", held on 17 May 2023 at the OECD, Paris and online.
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Similar to 4th Workshop on Strategic Crisis Management, Presentation, Panel 3 - anticipation techniques
Understanding the principles and practicalities of risk assessment
Understanding risk evaluation
Selecting and implementing control measures
Monitoring and reviewing
EC Directive 89/391/EEC
IEC/ISO 31010:2009
This journal club discusses the development and validation of the Swedish Tool for Risk/Resource Estimation at EvenTs (STREET). The tool was developed to enable common risk assessment and resource planning for mass gathering events by different organizations. It consists of 35 items across 6 dimensions. The tool was validated through expert review and testing on 3 simulated mass gathering event cases. Results found the tool had acceptable reliability and validity for risk assessment. While it provides a way for organizations to collaborate, further real-world testing is still needed to validate the tool's reliability in practice.
The application of the ‘New Sciences’ to Risk and Project ManagementDr David Hancock
This document provides an overview of an article from the May 2010 issue of PM World Today titled "The application of the ‘New Sciences’ to Risk and Project Management" by Dr. David Hancock. The article discusses how project risk management has traditionally relied on numerical and statistical approaches but could benefit from incorporating insights from chaos theory and considering projects as complex systems. It argues that most projects should be viewed as "deterministic chaotic systems" rather than predictable problems. The article also examines different types of problems like "tame," "messes," and "wicked" problems and how their complexities impact risk management. It concludes that risk professionals need new approaches like "risk leadership" to address uncertainties and complexities rather than relying solely on quantitative
A qualitative and quantitative hazard analysis to provide the public with a reasonable estimate of probability of harm.
Risk Assessment is a science and involves a variety of disciplines to reach an estimate. In an event out of their control, like a release or spill,
the public wants to know how something happened, why it happened, what can happen to them, where they can go for medical assistance if needed, how to get more information, what’s going to be done about it, when will it be done, and how it will be proven that it is safe (and what will be done to prevent this from happening again).
Any data, such as the dose required to cause an infection can be used in creating these estimates. Also, being able to calculate the worst case estimate of the amount released, the dilution factor (environment), the distance to an exposed population, duration of exposure, and individual susceptibilities are a few of the factors involved in determining the risk for the public.
The ability to measure the hazardous agent in air, on surfaces, or within bulk water and soil samples after an incident and again after mitigation goes a long way in estimating the potential risk and ensuring the public.
Quantitative Techniques and Concepts in FinanceRoselle Fuentes
Risk management involves identifying, assessing, and prioritizing risks, then minimizing their impact through coordinated resources. Key principles are creating value, addressing uncertainty, being integrated into decision-making, and continually improving. The risk management process establishes context, identifies potential risks through various methods, and assesses risks using techniques like probability and the Capital Asset Pricing Model.
Question 11. Thoroughly discuss all of the elements associated w.docxIRESH3
Question 1
1. Thoroughly discuss all of the elements associated with developing a budget for a security action plan. Include a discussion about why budgets should be developed during the planning process and the possible consequences associated with developing an erroneous budget.
This assessment should be a minimum of 300 words.
Question 2
2. Detail the differences between performance measurement and quality assurance. Include a discussion of the various techniques for measuring performance and a discussion of the difficulties associated with assessing quality assurance..
This assessment should be a minimum of 300 words.
GENERAL OVERVIEW
There are various types of risks (pure, dynamic, speculative, static, inherent) that are associated with the protection of one’s assets. It is important that organizations are aware of the risks that exist and take action to control known risks. As a result, organizations should utilize the various risk assessment and management tools that are available. When managing risk, the focus should be on the elimination of risk, the reduction of risk, and the mitigation of risk. There are three factors that influence risk management: vulnerability, probability, and criticality. All three factors are equally important, and once assessed, resources should be allocated so that the maximum amount of risk is reduced.
Conducting a risk assessment is a very detailed procedure which requires security managers to consider several factors such as the human, physical and information assets at risk, the probability or of loss, the frequency of loss, the impact of loss (financial, psychological, and other), options available to prevent or mitigate loss, feasibility of implementing options, and cost-benefit analysis. One way to assist organizations in conducting a risk assessment is to utilize a security survey which identifies an organization’s assets, all potential threats to those assets, and existing vulnerabilities that could be exposed by the threats to the assets. Security survey results are not only useful for risk assessments, but are also useful for the current maintenance of safety and future security planning.
Planning and budgeting for implementing security strategies that result from risk assessment is not a simple task. First, there are several types of plans that one must choose from: single-use, repeat-use (standing), tactical, strategic, and contingency. All plans are comprised of three elements that flow in the cyclical manner: needs or risk assessment, alternative courses of action, and action plan selection. There are also several planning and management tools (CompStat, GIS) that can assist in the development of a plan. Once the plan is drafted a budget must be developed which includes a cost-benefit analysis that can help planners determine possible consequences associated with plan-related expenditures, the monetary value of those consequences, and any anticipated future costs ...
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Hazard risk management is a systematic process that involves establishing the context, identifying risks, analyzing risks, evaluating risks, treating risks, and monitoring and reviewing the process. It aims to contribute to the well-being of communities and the environment. Key steps include defining objectives and stakeholders, identifying hazards and vulnerabilities, analyzing likelihood and consequences of risks, prioritizing risks, developing risk treatment plans, and communicating with stakeholders. The overall goal is to minimize uncertainty from hazardous situations and maximize public safety.
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1. Expert Panel 3:
Anticipation techniques used in crisis management cells
Carole DAUTUN
Head of risks and crisis department
National Institute for advanced studies in security and justice
(INHESJ)
An example of anticipation methods used
in the French Prime Minister crisis cell
2. The National Institute for Advanced
Studies in Security and Justice
• Institute under the supervision of the Prime Minister
• Objectives of the Institute :
• Anticipating changes in order to inform public decision-makers
• Acquiring a better knowledge of real-life situations
• Analysing risks and threats
• Creating practical tools for security professionals
• Informing and training people in charge of security
• Enhancing multidisciplinary meetings and partnerships
• …in the fields of security, health, environment, and justice
3. Risks and Crisis Department
• Specialized in management training and crisis communication
• Composed of a multidisciplinary team
• Instructional design combining conceptual contributions, case
studies and simulation exercises
• Support organizations on these subjects
• Studies and research on decision processes and human behaviors
• Design of methodological tools for policy makers and animation of
interdepartmental working groups
INHESJ 2015
4. The crisis process
A crisis situation emerges from a dynamic and ongoing process that:
is carried and handled
by men and women
takes its source within the organizations,
outbreaks through a triggering event,
is amplified by the
presence of a particular
context and/or human
or managerial factors,
5. Anticipation
Anticipation can be defined as the ability to imagine the
future potential of a situation.
The anticipation of a crisis engenders the creation of
different scenarios of evolution in time of a given situation
and integrating a reading of interactions and potential
impact.
Anticipation is the continuum of diagnosis of the situation at
time t (the same criteria of assessment)
Prospective reading of a crisis therefore requires a broad,
multidisciplinary, interdepartmental and interprofessional
vision
6. Objectives of the anticipation cell
The anticipation cell should provide assessment and
understanding of the crisis by integrating various elements as
the context ;
It should propose potential scenarios of evolution of the
situation and action plans for every conceivable position ;
And answer all requests made by the decision maker.
8. Conceptual Framework (1)
SYSTEMIC APPROACH
A crisis situation is often coincident with a complex situation
which can be apprehended by systemic approach.
This approach allows to collect and visualize the phenomenon
of a crisis in its completeness while taking into account its
characteristics, its dynamics, and the set of capabilities
implemented.
Such an approach applied to crisis situations provides relevant
modeling and analysis framework used as a decision support
tool.
9. Conceptual Framework (2)
RISK ANALYSIS APPROACH
The analysis, the evaluation and the anticipation of a crisis
situation must be done through using quantitative and
qualitative criteria.
This work integrates the concepts of risk analysis methods
and more particularly the method known as "causes-
consequences".
10. Aggravating factors
5 analysis units
Events and consequences
Context
Organizations - Stakeholders
Communication
Modeling a crisis situation
11. Objectives : how the crisis will evolve in the future and so answer the
question “how will the situation change ?”
Three steps :
Situation assessment
Prospective diagnostic
Scenario and actions plan
Different criteria and set of questions to assess and imagine the
crisis in the future
Methodology (1)
12. STEP 1 : situation assessment
Objective :
To characterize the crisis at a time t (context, event, consequences, etc)
Question : « What is happening? »
STEP 2 : prospective diagnostic
Objective :
To characterize the crisis at a time t+x (context, event, consequences, etc)
Question : « How may the situation evolve? »
STEP 3 : scenarios and proposition of measures and actions
Questions : “What influence can we have on the situation?”
“How to implement a desired future?”
Methodology (2)
13. Methodology (3)
Formulate hypothesis
of work and
timeframe :
• Ordered by the
decision-maker
(scenario in six hours,
in fifteen days, most
likely, the worst, exit
crisis, …)
• Since the beginning,
with a new event,
• Etc
14. Methodology (4)
STEP 1 :
SITUATION ASSESSMENT
STEP 2 :
ANTICIPATION
CONTEXT
What is the context?
How can the context change?
What is its impact on the situation?
What is the calendar now ?
( holidays, celebrations)
TRIGGER EVENT
According to the information
available, what is the nature of the
event?
How can progress the event (s)
(based on expert opinion)
ORGANISATIONS
What are the available capacities to
meet the challenges of shares and
when are they available?
16. Some recommendations
The anticipation team must be reduced in number (5 or 6)
Transversal vision, interdepartmental, interprofessional,
multidisciplinary;
Be in capacity to integrate different perspectives and facets of
the crisis (not only linked to its core business)
Be creative;
Think out of context;
Intellectual approach applicable in many situations.
17. Thank you for your attention
Who was responsible for organizing the panic?