It has been found that risk analyses carried out in accordance with the European Standards and reflecting the specific detail of each application has led to a great escalation of cost of safety approval. Producing a separate risk analysis for each installation in a country increases the costs without discernable benefit. There is scope for making substantial cost reduction through new approache...

Motivation. The integral of lognormal random fields is the central quantity of many probabilistic models in portfolio risk analysis, spatial point processes, etc. (see, e.g., Liu and Xu [12, 14]). The current analysis is of interest particularly for risk analysis of short-term behavior of a large size portfolio under high correlations. We elaborate more on this application. Consider a portfolio...

Are the levels of information risk management efforts within and between firms correlated with the resilience of the firms to information disruptions? This paper examines the question by considering the results of field studies of information risk management practices at organizations and in supply chains. The organizations investigated differ greatly in the degree of coupling from a general an...

This paper discusses techniques for integrating risk and multi-criteria analysis in electricity distribution system asset management. The focus is on the tasks of the distribution company asset managers whose challenge is to incorporate the different company objectives and risk analysis into a structured decision framework when deciding how to handle the company physical assets.

Abstract This paper presents a novel approach for integrating human and organisational factors into risk analysis. This approach has been developed and applied to a case study in the marine industry, but it can be utilised in other industrial sectors. The approach consists of a BBN model of the maritime transport system that has been developed by taking into account the different actors of the ...

Continuously changing nature of technological environment has been enforcing to revise the process of information security risk analysis accordingly. A number of quantitative and qualitative risk analysis methods have been proposed by researchers and vendors. The purpose of these methods is to analyze today's information security risks properly. Some of these methods are supported by a software...

This paper describes our retrieval system participated in the Patent Retrieval Task at the Fourth NTCIR Workshop. The main task was an associative patent retrieval task, in which a patent application including a target claim is used to search documents that can invalidate the demand in the claim. Our system can be characterized by the structure analysis for both target claim and entire applicat...

Construction Projects are being implemented under different contract systems in the Midwest. Negotiated design-build has been a popular contract system in recent years. It provides various advantages through entailing the contractor to be responsible for the whole project. However, design-build turns out to be risky system for both owners and contractors unless the risks are identified, quantif...