Process Systems Risk Management
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| Author | : Elaine M. Hall Ph.D. |
| Publisher | : Pearson Education |
| Total Pages | : 451 |
| Release | : 1998-02-05 |
| Genre | : Computers |
| ISBN | : 0768684919 |
"The increasing rate of technological change we are experiencing in our lifetime yields competitive advantage to organizations and individuals who are willing to embrace risk and the opportunities it presents. Those who choose to minimize or avoid risk, as opposed to managing it, set a course for obsolescence. Hall has captured the essence of risk management and given us a practical guide for the application of useful principles in software-intensive product development. This is must reading for public and private sector managers who want to succeed as we begin the next century." - Daniel P. Czelusniak, Director, Acquisition Program Integration Office of the Under Secretary of Defense (Acquisition and Technology) The Pentagon "Since it is more than just common sense, the newcomer to risk management needs an intelligent guide. It is in this role that Elaine Hall's book excels. This book provides a set of practical and well-delineated processes for implementation of the discipline." - Tom DeMarco, from the Foreword Risk is inherent in the development of any large software system. A common approach to risk in software development is to ignore it and hope that no serious problems occur. Leading software companies use quantitative risk management methods as a more useful approach to achieve success. Written for busy professionals charged with delivering high-quality products on time and within budget, Managing Risk is a comprehensive guide that describes a success formula for managing software risk. The book is divided into five parts that describe a risk management road map designed to take you from crisis to control of your software project. Highlights include: Six disciplines for managing product development. Steps to predictable risk-management process results. How to establish the infrastructure for a risk-aware culture. Methods for the implementation of a risk management plan. Case studies of people in crisis and in control.
| Author | : Stone & Webster Engineering Corporation |
| Publisher | : John Wiley & Sons |
| Total Pages | : 398 |
| Release | : 1991-09-03 |
| Genre | : Reference |
| ISBN | : 9780471288824 |
The tragic incident at Bhopal, India made it clear that safetyreviews for identification and control of accidents involving toxicchemicals must be more systematic. This guide shows how tointegrate hazard identification, risk assessment, consequenceanalysis, and risk mitigation into a formalized program forhandling hazardous chemicals. Most of the 21 contributors aresenior staff members at Stone & Webster EngineeringCorporation. They discuss how to perform and supervise safetystudies for chemical, petrochemical, petroleum refining, and otherfacilities. They discuss all aspects of detection, prevention, andmitigation of risks associated with processing, handling, andproduction of hazardous chemicals. Special attention is given tohazard identification and hazard assessment techniques ranging fromsimple screening checklists to highly structured Hazard andOperability (HAZOP) analysis. You're shown how to calculatepotential consequences of identified hazards, quantify thelikelihood of these events, and combine equipment failure rate dataand human reliability analysis with hazard assessment. You'll alsobenefit from the book's rundowns of how to * apply expert systems and artificial intelligence in riskmanagement * instill safety-oriented operating and maintenanceprocedures * train operators and emergency response personnel * conduct internal and external safety audits * perform chemical dispersion, explosion, and fire analyses * assess health effects from chemical releases * use insurance vehicles to deal with residual risk. Risk Assessment and Risk Management for the Chemical ProcessIndustry is an essential source on minimizing the dangers of toxicincidents and accidents. It is essential reading for safetyengineers, regulatory managers, environmental engineers, and otherprofessionals responsible for safety in chemical plants.
| Author | : Ian T. Cameron |
| Publisher | : Elsevier |
| Total Pages | : 631 |
| Release | : 2005-06-14 |
| Genre | : Technology & Engineering |
| ISBN | : 0080455107 |
Process Systems Risk Management provides complete coverage of risk management concepts and applications for safe design and operation of industrial and other process facilities. The whole life cycle of the process or product is taken into account, from its conception to decommissioning. The breadth of human factors in risk management is also treated, ranging from personnel and public safety to environmental impact and business interruption. This unique approach to process risk management is firmly grounded in systems engineering. Numerous examples are used to illustrate important concepts –drawn from almost 40 years authors’ experience in risk analysis, assessment and management, with applications in both on- and off-shore operations. This book is essential reading on the relevant techniques to tackle risk management activities for small-, medium- and large-scale operations in the process industries. It is aimed at informing a wide audience of industrial risk management practitioners, including plant managers, engineers, health professionals, town planners, and administrators of regulatory agencies. A computational perspective on the risk management of chemical processes A multifaceted approach that includes the technical, social, human and management factors Includes numerous examples and illustrations from real life incidents
| Author | : Marco Alexander Caiza Andresen |
| Publisher | : GRIN Verlag |
| Total Pages | : 17 |
| Release | : 2007-05-13 |
| Genre | : Business & Economics |
| ISBN | : 3638783375 |
Seminar paper from the year 2006 in the subject Business economics - Operations Research, grade: 1,7, University of Paderborn (Department of Business Information Systems ), course: Advanced Information Technolgy in Business, language: English, abstract: In consequence of the steadily increasing demand for projects there is an increasing demand for project risk management. Due to the high complexity of project work and its planning there are many possibilities where risks can endanger the success or even the practicability of a certain project. Hence, there cannot be enough emphasis on project risk planning for the smoothly flow of project progression. Within projects the term risk is defined as “[...] the cumulative effect of the chances of uncertain occurrences adversely affecting project objectives” (Wideman 1992, p. I-4). The thorough examination of possibilities for avoidance, elimination or at least for a significant reduction of these risks should lead to a better performance of the ultimate project. The question why some projects succeed while others fail is important to every business. To strengthen the possible future project success, project risk management has to be effectively applied to every project process. Identifying project risks and appropriately cope with them through the development of adequate strategies is the aim of the project risk management process. Having this in mind, the intention of this term paper is to analyze the process of project risk management. After a short introduction, by thorough study of literature in the second chapter the main steps of different approaches of the risk management process in projects will be indicated and compared. After that the most common tools to be used within this process will be indicated before, finally, possibilities for the extension of the project risk management process towards a broader management process will be discussed. In the last chapter a conclusion will be drawn and an answer given to the questions on which are the critical steps towards an effective risk management process and which specific factors have to be focused to overcome the threats concerning management of projects. The work is done on a more general basis to understand the character of the risk management process, giving possibility to an application to many different kinds of projects.
| Author | : Jayet Moon |
| Publisher | : Quality Press |
| Total Pages | : 340 |
| Release | : 2022-10-22 |
| Genre | : Business & Economics |
| ISBN | : 195105833X |
In today's uncertain times, risk has become the biggest part of management. Risk management is central to the science of prediction and decision-making; holistic and scientific risk management creates resilient organizations, which survive and thrive by being adaptable. This book is the perfect guide for anyone interested in understanding and excelling at risk management. It begins with a focus on the foundational elements of risk management, with a thorough explanation of the basic concepts, many illustrated by real-life examples. Next, the book focuses on equipping the reader with a working knowledge of the subject from an organizational process and systems perspective. Every concept in almost every chapter is calibrated to not only ISO 9001 and ISO 31000, but several other international standards. In addition, this book presents several tools and methods for discussion. Ranging from industry standard to cutting edge, each receives a thorough analysis and description of its role in the risk management process. Finally, you'll find a detailed and practical discussion of contemporary topics in risk management, such as supply chain risk management, risk-based auditing, risk in 4.0 (digital transformation), benefit-risk analyses, risk-based design thinking, and pandemic/epidemic risk management. Jayet Moon is a Senior ASQ member and holds ASQ CQE, CSQP, and CQIA certifications. He is also a chartered quality professional in the U.K. (CQP-MCQI). He earned a master's degree in biomedical engineering from Drexel University in Philadelphia and is a Project Management Institute (PMI) Certified Risk Management Professional (PMI-RMP). He is a doctoral candidate in Systems and Engineering Management at Texas Tech University
| Author | : William F. Kenney |
| Publisher | : Wiley-VCH |
| Total Pages | : 400 |
| Release | : 1993 |
| Genre | : Social Science |
| ISBN | : |
| Author | : Thomas R. Peltier |
| Publisher | : CRC Press |
| Total Pages | : 458 |
| Release | : 2008-11-18 |
| Genre | : Business & Economics |
| ISBN | : 142006276X |
Successful security professionals have had to modify the process of responding to new threats in the high-profile, ultra-connected business environment. But just because a threat exists does not mean that your organization is at risk. This is what risk assessment is all about. How to Complete a Risk Assessment in 5 Days or Less demonstrates how to identify threats your company faces and then determine if those threats pose a real risk to the organization. To help you determine the best way to mitigate risk levels in any given situation, How to Complete a Risk Assessment in 5 Days or Less includes more than 350 pages of user-friendly checklists, forms, questionnaires, and sample assessments. Presents Case Studies and Examples of all Risk Management Components based on the seminars of information security expert Tom Peltier, this volume provides the processes that you can easily employ in your organization to assess risk. Answers such FAQs as: Why should a risk analysis be conducted Who should review the results? How is the success measured? Always conscious of the bottom line, Peltier discusses the cost-benefit of risk mitigation and looks at specific ways to manage costs. He supports his conclusions with numerous case studies and diagrams that show you how to apply risk management skills in your organization-and it's not limited to information security risk assessment. You can apply these techniques to any area of your business. This step-by-step guide to conducting risk assessments gives you the knowledgebase and the skill set you need to achieve a speedy and highly-effective risk analysis assessment in a matter of days.
| Author | : CCPS (Center for Chemical Process Safety) |
| Publisher | : John Wiley & Sons |
| Total Pages | : 484 |
| Release | : 2022-04-19 |
| Genre | : Technology & Engineering |
| ISBN | : 1119861780 |
The chemical process industry is a rich target for cyber attackers who are intent on causing harm. Current risk management techniques are based on the premise that events are initiated by a single failure and the succeeding sequence of events is predictable. A cyberattack on the Safety, Controls, Alarms, and Interlocks (SCAI) undermines this basic assumption. Each facility should have a Cybersecurity Policy, Implementation Plan and Threat Response Plan in place. The response plan should address how to bring the process to a safe state when controls and safety systems are compromised. The emergency response plan should be updated to reflect different actions that may be appropriate in a sabotage situation. IT professionals, even those working at chemical facilities are primarily focused on the risk to business systems. This book contains guidelines for companies on how to improve their process safety performance by applying Risk Based Process Safety (RBPS) concepts and techniques to the problem of cybersecurity.
| Author | : Ian Sutton |
| Publisher | : Gulf Professional Publishing |
| Total Pages | : 798 |
| Release | : 2018-11-13 |
| Genre | : Business & Economics |
| ISBN | : 9780128101650 |
In the last twenty years considerable progress has been made in process risk and reliability management, particularly in regard to regulatory compliance. Many companies are now looking to go beyond mere compliance; they are expanding their process safety management (PSM) programs to improve performance not just in safety, but also in environmental compliance, quality control and overall profitability. Techniques and principles are illustrated with numerous examples from chemical plants, refineries, transportation, pipelines and offshore oil and gas. This book helps executives, managers and technical professionals achieve not only their current PSM goals, but also to make the transition to a broader operational integrity strategy. The book focuses on the energy and process industries- from refineries, to pipelines, chemical plants, transportation, energy and offshore facilities. The techniques described in the book can also be applied to a wide range of non-process industries. The book is both thorough and practical. It discusses theoretical principles in a wide variety of areas such as management of change, risk analysis and incident investigation, and then goes on to show how these principles work in practice, either in the design office or in an operating facility. The second edition has been expanded, revised and updated and many new sections have been added including: The impact of resource limitations, a review of some recent major incidents, the value of story-telling as a means of conveying process safety values and principles, and the impact of the proposed changes to the OSHA PSM standard. Learn how to develop a thorough and complete process safety management program. Go beyond traditional hazards analysis and risk management programs to explore a company's entire range of procedures, processes and management issues. Understand how to develop a culture of process safety and operational excellence that goes beyond simple rule compliance. Develop process safety programs for both onshore facilities (EPA, OSHA) and offshore platforms and rigs (BSEE) and to meet Safety Case requirements.
| Author | : Gregory H. Duckert |
| Publisher | : John Wiley & Sons |
| Total Pages | : 254 |
| Release | : 2010-10-12 |
| Genre | : Business & Economics |
| ISBN | : 0470892536 |
The most practical and sensible way to implement ERM-while avoiding all of the classic mistakes Emphasizing an enterprise risk management approach that utilizes actual business data to estimate the probability and impact of key risks in an organization, Practical Enterprise Risk Management: A Business Process Approach boils this topic down to make it accessible to both line managers and high level executives alike. The key lessons involve basing risk estimates and prevention techniques on known quantities rather than subjective estimates, which many popular ERM methodologies consist of. Shows readers how to look at real results and actual business processes to get to the root cause of key risks Explains how to manage risks based on an understanding of the problem rather than best guess estimates Emphasizes a focus on potential outcomes from existing processes, as well as a look at actual outcomes over time Throughout, practical examples are included from various healthcare, manufacturing, and retail industries that demonstrate key concepts, implementation guidance to get started, as well as tables of risk indicators and metrics, physical structure diagrams, and graphs.
