through risk assessment process, it is necessary to identify, analyze, and prioritize systematically all environmental impacts of industries which have high destructive potentiality as well as representation of a mitigation plan. the current study aims at identification and prioritization of risks and impacts caused by abadan gas power plant. all kinds of the operational risks of the power plan...

The products and equipment handled throughout the plant operational lifecycle impose significant safety risks. Compounding this, are numerous systems, processes and regulatory requirements resulting in vast quantities of asset information in varying formats. Inability to access, understand and effectively use information is often cited as a leading cause of plant safety incidents and unplanned ...

During the last two decades, financial institutions worldwide have witnessed a lot of stress in managing their margins in wake of the new risks, challenges and increase in the competition posed to them by the factors of liberalization and deregulation. The key to create value and achieve competitive edge lies in the better operational efficiency and productivity of these institutions under such...

Operational risks are defined as risks of human origin. Unlike financial risks that can be handled in a financial manner (e.g. insurances, savings, derivatives), the treatment of operational risks calls for a “managerial approach”. Consequently, we propose a new way of dealing with operational risk, which relies on the well known aggregate planning model. To illustrate this idea, we have adapte...

In practical contexts where protocols model business interactions (e.g. trading, banking), designers need tools allowing them to analyse the impact on the possible interactions of regulations, preferences, conventions and the like. This work faces the issue of how to equip commitment protocols with formal and practical instruments aimed at supporting such an analysis by identifying the possible...

In practical contexts where protocols model business interactions (e.g. trading, banking), designers need tools allowing them to analyse the impact on the possible interactions of regulations, preferences, conventions and the like. This work faces the issue of how to equip commitment protocols with formal and practical instruments aimed at supporting such an analysis by identifying the possible...

Operational risks are defined as risks of human origin. Unlike financial risks that can be handled in a financial manner (e.g. insurances, savings, derivatives), the treatment of operational risks calls for a “managerial approach”. Consequently, we propose a new way of dealing with operational risk, which relies on the well known aggregate planning model. To illustrate this idea, we have adapte...

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Compromised cardiovascular performance, occurrence of serious cardiac dysrhythmias, cardiac atrophy, orthostatic intolerance, reduced aerobic capacity, operational impacts of regular physical exercise, and space radiation are risks of space flight to the cardiovascular system identified in the 2007 NASA Human Integrated Research Program. An evidence-based approach to identify the research prior...

This paper proposes improvements to advanced measurement approach (AMA) to estimating operational risks, and applies the improved methods to US business losses categorised into five business lines and three event types operational losses. The AMA involves, among others, modelling a loss severity distribution and estimating the Expected Loss and the 99.9% operational value-at-risk (OpVaR). These...