Over the years, many private sector participation (PSP) models have been evolved for infrastructure procurement and the Build-Operate-Transfer (BOT) model is one of the most common approaches used for the same. Private infrastructure projects under BOT arrangement have a complex risk profile and to a considerable extent, the success of any BOT project is influenced by the degree to which variou...

Risk management is an essential fraction of project management, which plays a significant role in project success. Many failures associated with Web projects are the consequences of poor awareness of the risks involved and lack of process models that can serve as a guideline for the development of Web based applications. To circumvent this problem, contemporary process models have been devised ...

risk management is one of the nine project management processes, which provides positive results and minimizes the probability and consequences of adverse effects in the project.  in this article a zero-one linear programming model with multiple objectives is used to characterize the potential risks. the proposed model has two main objectives. the first objective is the minimization of the expe...

background: repeated applications of animal manure as fertilizer are normal agricultural practices in malaysia that may release veterinary antibiotics to environment from treated animals. methods: environmental risk assessment (era) on 5 commonly used antibiotics and one hormone in malaysian broiler farm was calculated using the ratio of measured environmental concentration (mec) and predicted ...

background: new technologies using hazardous materials usually have certain risks. it is more serious when the technology is supposed to be applied in a large scale and become widely used by many people. the objective of this paper was to evaluate the risk of vapor cloud explosion in a hydrogen production process. methods: potential hazards were identified using the conventional hazard identifi...

The initial investment decision-making of the real estate project is very important. It requires making the right assessment of engineering project risk, then judging the project potential value which is affected by the risk factors. Within this context, fuzzy mathematics is used to assess the levels of income risk and cost risk in the real estate investment, and then adjust the relevant parame...

background: in the refractory brick manufacturing industry, because of the high risks associated with the level of dust in the factory environment and thermal stress, a precise identification of industrial hazards is required as a part of safety analysis. the aim of this study was to introduce a preventive approach to risk identification and assessment in the refractory brick production line.  ...