Risk Assessment On Dam Safety

Risks management is an important step during the process of a project. Failing to manage a risk may result in unforeseen event happening and a project’s failure. For example, with limited budget, an unforeseen event or an accident occurs in the middle of a project and this matter has not been considered and needs a big sum of expense, then the project may be stopped because of this unexpected event. We should know it is necessary to understand how to identify risks and assumptions based on the information. After identifying risks, it is important for project managers to set contingency plans to prevent and deal with these risks when they occur. Of course, several problems may happen during considering

It is used as a means of input to the risk management plan processes (Heldman, 2005). It usually helps the project managers and the project team to recognize the components of a project that are at risk or certain risks that are unique to a specific area of the project than compared to a risk that is commonly found throughout the project. There also various qualitative analysis that can be used to in identifying and analyzing risk in a project. The method of qualitative risk analysis involves the assignment of a numeric value to the scales. This risk analysis is normally used for projects that are larger and that risks have a greater and more significant impact (Heldman, 2005). There are various software tools and methods that can be used, an example would be the use of Monte Carlo analysis for calculating values for projects that are large and difficult. There are various values that are assigned to the magnitude or intensity of the risk, for example, High-.80, Medimum-.50, Low-.10; these are used to rate and prioritize the risks (Heldman, 2005). A risk registry is also an essential documentation that can be used analyze the quantitative aspect related to risk and threats that are found throughout the project. The Risk Breakdown Structure is created to identify the various risks categories in the project so that they can be in the prioritized response plan (Heldman,

I am writing with some concerns I have regarding the construction of Site C dam. The dam creates many problems for wildlife and the cost of it eventually is going to exceed the original estimate.

Good risk assessment requires an elaborate plan. A risk management plan is a project management type that helps ensure that an organization reaches desired goals in a given project (Gibson, 2010). Like every plan, caution should be taken to make sure that goals of the assessment are achievable given the best accommodation of time and cost. This calls for organization to have a risk scope. Risk scope simply identifies the boundaries of a given risk assessment. This is

This paper discusses three risk analysis methodologies, specifically, MSRAM, OCTAVE, and CRAMM and provides a detailed description of each and how they incorporate risk into a platform for decision makers to use in their endeavors to prevent, protect, mitigate, respond, and in recovery measures as part of the risk assessment and management processes.

Water risk assessment is an essential step for industries whose activities depend on and affect freshwater resources. Actions such as scenario planning and risk and opportunity assessments would assist industries to minimize future uncertainties. Water risk assessment frameworks (WRAFs) provide opportunities for the industries to identify and manage the risks and opportunities while supporting the decision-making process. A reliable framework covers a wide range of aspects such as technical, economic, environmental and social. In this project, the GoldSET approach (Multi-criteria Analysis Tool) is used to develop a framework, specific to Husky, to manage water-related risks and opportunities of Husky’s facilities in general, with specific focus

Recent decades have seen an increase in the amount of water flowing into the reservoirs, primarily due to increases in impervious surfaces. “Of the 10 largest pools that have accumulated in the reservoirs, nine have occurred since 1990 and six of those were since 2000.”21 In 2009, the dams of the reservoirs underwent an evaluation. They were classified as Dam Safety Action Classification (DSAC) 1 Dams, meaning at extremely high relative risk for failure when considered with the potential life and economic consequences. The embankment permeability and strength and the outlet structures were seen as areas of

Background- In its most basic sense, risk management identifies, allows assessment, and prioritizes risks that are associated and central to an individual project or organization. Risk management allows the organization to be proactive in preventing or mitigating risks, for improving certain processes within the organization, and with the hope of preventing fiscal exposure. However, in almost every organization there are risks individuals are unique and do not always perform at a high level of safety; mechanical or design failures exist, construction projects have supply or labor issues, there are uncertainties in computer or data modification, of course natural disasters, and even deliberate attacks from competitors, etc. Because this is such a common occurrence, national and even international standards have been developed in conjunction with the insurance and regulatory institutions to at least provide basic guidelines to minimize risks risk (International Organization for Standardization, 2009).

There are two main types of risk management assessments. They are qualitative and quantitative methodologies. With the qualitative methodology, a relative values are used to determine the probability and impact of a risk (Gibson, 2011). This type of information can be collected quickly. A quantitative risk assessment is used to estimate how much money would be lost should a vulnerability be exploited (Vanderberg, n.d.). With the quantitative methodology, actual dollar values are used. It can take a time to gather this type of data. Once the data is gathered, however, a math formula is used to determine the priority of risks and in turn show the results of controls (Gibson, 2011).

The identification of risk normally starts before the project is initiated, and the number of risks increase as the project matures through the lifecycle. When a risk is identified, it is first assessed to ascertain the probability of occurring, the degree of impact to the schedule, scope, cost, and quality, and then prioritized. A risk’s probability of occurrence, number of categories impacted and the degree (high, medium, low) to

During an engineering project life cycle, the common risk management process (risk identification, risk impact assessment, risk prioritization analysis, risk tracking, and risk mitigation planning implementation) meet the required protocols for early and continuous risk identification. The first step, risk identification, brainstorms potential risks that may develop during the engineering system to include environmental or human hazards. The second step, risk impact assessment, clarifies and details the damage of the risk. The third step, risk prioritization analysis, creates a hierarchy of the risks and determines which risk needs to be addressed first then so on. The follow-on steps have two different paths, one path is risk tracking and the other is risk mitigation

This paper analyses one of many hazards existing in Rusaifah Bridge and Intersection Construction Project. The intentions of this paper are to analyze and assist the risk of the hazard using different Risk Assessment Matrices. The paper demonstrates different scenarios of human and environmental factors that could contribute to the risk of the hazard. Construction accidents can be eliminated by recognizing the root causes of accidents, which could be achieved by implementing accident investigation techniques such as Human Factor Theory. The theory provides explanations why accidents happen. This paper provides a reasonable measure to reduce the risk of this hazard to a minimum level.

This research project discusses a common threat that is consistently present in the world that we live in today on the front of cybersecurity as well as cyberspace. Among all of the various cyber-attacks that exist in our world today, Ransomware has taken a front seat when discussing the different types of threats that create the potential to harm us users on a day to day basis. This form of threat is something that has been plaguing users for years and has caused financial manipulation for hospitals, businesses, and private citizens as well. This research project will discuss the threats that have been present in the past 5-10 years and will provide an in depth study of what occurred and what could have been done in order to prevent this type of attack from happening. The topic of risk assessment and vulnerability will be analyzed as well.

49006- Risk Management in Engineering Risk Management Plan for Darling Harbour water feature Omar Aleassa Autumn 2015 TABLE OF CONTENTS EXECUTIVE SUMMARY......................................................................................... 1 Risk Assessment Process.................................................................................... 2 1 Introduction...................................................................................................... 5 1.1 Project Information.............................................................................5 2 Establishing the Context and Setting Objectives.........................................7 2.1 Stakeholders.........................................................................................9 2.2 Roles and Responsibilities...................................................................10 2.3 Identify the Risks.................................................................................. 11 3

INTRODUCTION: Water assets building is growing massively today. Dams have the most vital part in using water assets. They were developed taxing year before increasing present data about hydrology and hydro mechanics. All through the historical backdrop of the world, dams have been utilized effectively as a part of gathering, putting away and overseeing water expected to manage human advancement. Dams have a lot of positive and negative impacts on the earth. Their advantages like controlling stream administration, subsequently forestalling surges, getting local and water system water from put away water and creating vitality from hydro control. While dam give noteworthy advantage to our general public, their effect on the encompassing incorporates resettlement and migration, financial effect, natural concerns, sedimentation issue, security angles and so on. Notwithstanding their vital social and natural advantages, it is vital to minimize the negative impacts of the hoover dam on the earth with respect to feasible advancement.