Matrix Management of Risk Abatement
نویسنده
چکیده
In a coordinated four level attack on risk, integration of analytical procedures (i.e. Lean Optimization, PM Analysis, and Optimal Reliability) can be achieved by conducting each one against the backdrop of IONICS, a 6-step methodology facilitating matrix management and defined by: Identify risks, Order by importance, Numerate options, Introduce solutions, Control processes and Synthesize new ideas.
منابع مشابه
Development of a Generic Risk Matrix to Manage Project Risks
A generic risk matrix is presented for use identifying and assessing project risks quickly and cost effectively. It assists project managers with few resources to perform project risk analysis. The generic risk matrix (GRM) contains a broad set of risks that are categorized and ranked according to their potential impact and probability of occurrence. The matrix assists PMs in quickly identifyin...
متن کاملA Dynamic Programming Framework for Using Weather Derivatives to Manage Dairy Profit Risk
Dairy farms confront unique risks from weather conditions. Hot and humid weather induces heat stress, which reduces both the quantity and quality of dairy production. Traditional heat abatement technologies control the environment through ventilation, misting or evaporative cooling. Adoption of abatement equipment, however, is hindered by its high initial cost and possibly long payback period, ...
متن کاملLetter to the Editor: Application of Haddon Matrix in Disaster Management: A New Window in Disaster Mitigation Risk
In recent years, disaster management has been the focus of attention since disasters have been associated with huge destructions and consequences. Basically, disaster management techniques aim at the prevention and mitigation works as well as promotion of resilience. Haddon’s matrix was proposed as a conceptual model to understand the event and provide preventive measures in the field of injur...
متن کاملA Safe and Sustainable Development in a Hygiene and Healthy Company Using Decision Matrix Risk Assessment Technique: a case study
This article describes the process of improving risk management practices in a foundry of the ALFET Company (Algeria). The proposed methodology is based on the decision matrix risk assessment technique. This technique allows making a risk assessment for each source of risk (machine, man, environment, and management), which leads to the determination of the overall risk rate during the activity ...
متن کاملAn expanded conceptual framework for solution-focused management of chemical pollution in European waters
BACKGROUND This paper describes a conceptual framework for solutions-focused management of chemical contaminants built on novel and systematic approaches for identifying, quantifying and reducing risks of these substances. METHODS The conceptual framework was developed in interaction with stakeholders representing relevant authorities and organisations responsible for managing environmental q...
متن کامل