...1.1 Background Fire can be a useful tool, but it can also be a deadly nightmare. As the old proverb states, it is a good servant but a bad master. Fire has always fascinated and frightened us. Without fire, civilization would be radically different. In fact, it might not even exist. However, the cost of fires which get out of control is high. Human interest in fire safety probably dated back from the discovery and employment of fire. Primitive man used heat for cooking, warming and lighting his dwelling with the inherent risk that misuse or accident in his control of fuel might precipitate disaster. The obvious benefits of numerous friendly uses of heat energy are often overshadowed by the enormous destructive power of fires. Today, as in primitive society, that risk has not been eliminated despite the apparent sophistication of modern living. With the development of habitations, attitudes towards fire safety have also developed. There is continuous interest in understanding the causes of such perils and in devising means of their elimination or reduction. Fire and the effects of fire on escape possibilities constitute the type of danger involved in response in the event of fire. (Drysdale, 1985). The total property loss of fire incident in 2009 and 2010 was 305,89,72,104 tk and 532,11,18,531 tk accordingly; where injured were 156 persons and 78 persons; death were 167 persons and 189 persons accordingly. This furious scenario represents the vulnerability of fire danger...
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...RISK MANAGEMENT – AN AREA OF KNOWLEDGE FOR ALL ENGINEERS A Discussion Paper By: Paul R. Amyotte, P.Eng.1 & Douglas J. McCutcheon, P.Eng.2 Chemical Engineering Program Department of Process Engineering & Applied Science Dalhousie University Halifax, Nova Scotia, Canada B3J 2X4 2 1 Industrial Safety & Loss Management Program Faculty of Engineering University of Alberta Edmonton, Alberta, Canada T6G 2G6 Prepared For: The Research Committee of the Canadian Council of Professional Engineers October 2006 SUMMARY The purpose of this paper is to “seed” the discussion by the Research Committee of the Canadian Council of Professional Engineers (CCPE) on the topic of risk management. The paper is in part a research paper and in its entirety a position paper. As can be inferred from the title, the authors hold the firm opinion that risk management is an area of knowledge with which all engineers should have familiarity and a level of competence according to their scope of practice. The paper first makes the distinction between hazard and risk. The two terms are often used interchangeably when in fact they are quite different. A hazard is a chemical or physical condition that has the potential to cause harm or damage to people, environment, assets or production. Risk, on the other hand, is the possibility or chance of harm arising from a hazard; risk is a function of probability and severity of consequences. A description of the process of risk management is then given....
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...You Decide Week 6 Little Falls Hospital Risk Management HSM 542 Health Rights and Responsibilities Purpose A risk management plan is created so as to support Little Falls Hospitals mission and vision statements as it pertains to the clinical risk of the hospital, patients, visitors, volunteers, and employee safety, and any possible operational, business, and property risks. Culture Principles The Patient Safety and Risk Management program will support Little Falls Hospitals philosophy; everyone is responsible for patient safety and risk management. It is essential to have participation and teamwork among providers, management, staff and volunteers. The Patient Safety and Risk Management program will be implemented with the coordination of multiple organizational and department functions and activities. Little Falls Hospital will support the introduction of a just culture with emphasis on evidence based best practices, learning from errors, and providing feedback instead of punishment and blame. In a just culture any unsafe conditions or hazards will be identified quickly, medical or patient care errors will be reported and analysed, open discussions of mistakes and suggestions for improvements are welcome with patient safety and risk management practices. Individuals will still be held accountable for compliance. When evaluation and investigation into errors reveals there has been reckless behaviour or there has been wilful violation of policies then disciplinary...
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...SAFETY AND HEALTH MANAGEMENT SYSTEM IN OIL AND GAS INDUSTRY Author : Subhrajit Bose Managing Partner / Lead Architect Sustainability – NextLink Solutions 3 2 1 Introduction: Safety and health management is one of the vital constituents of Oil and Gas industry activities because most of the operational conditions, chemicals and end products (hydrocarbons and other compounds) associated with Oil and Gas production are well known to pose serious safety and health threats to the workers. INDUSTY OVERVIEW ON August 2012,an explosion caused by the ignition of a leaking GAS at the Amuay oil refinery, which is part of the Paraguana Refinery Complex, killed 48 people; primarily National Guard troops stationed at the plant, and injured 151 others. The deepwater Horizon drilling rig explosion refers to the April 20, 2010 explosion and subsequent fire on the Deepwater Horizon Semisubmersible Mobile Offshore Drilling Unit (MODU) killed 11 workers and injured 16 others. The explosion caused the Deepwater Horizon to burn and sink, resulting in a massive offshore oil spill in the Gulf of Mexico, considered the largest accidental marine oil spill in the world, and the largest environmental disaster in U.S. history. According to the report developed by the NORA Oil and Gas Extraction Council; In the US, during 2003-2008, 648 oil and gas extraction workers were fatally injured on the job, resulting in an occupational fatality rate of 29.1 deaths per 100...
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...Health and Safety in the health and social workplace Name: OLUWOLE. F. OMITOYIN Introduction: This essay intends to demonstrate a clear understanding of health and safety legislation and its implementation in health and social care settings. A review of systems, policies and procedures for communicating information in relation to legislations and individual responsibilities in term of managing health and safety will be considered. While safety priorities and how they are being implemented will be looked into. The use of information from care plan; the importance of risk assessment, the impact of policies on health care practices and how dilemma situation are managed and in addition consequences of non-compliance with law and regulation will be discussed. Lastly, the essay will critically look at how health and safety arrangement are monitored and review and also analyse the effectiveness of positive health and safety culture in health care organisation. In conclusion, my own contribution to health and safety needs will be discussed and recommendation made. Task 1: 1.1 According to oxford English dictionary (2014) “Policy is defined as a course or principle of action adopted or proposed by an organisation to direct and limit its action in pursuit of a long term goals,” examples smoking policy, manual handling policy. While a procedure on the other hand is an established or official ways of doing things or a series of actions conducted in a certain order or manner...
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...Implementing an Effective Risk Management Program The Guiding Principles of Risk Management (RM) A. Integrate RM into all phases of missions and operations. Effective RM requires that the process be integrated into all phases of mission or operational planning, preparation, execution, and recovery on a continuing basis. It is much more cost effective to plan up front during building construction and renovation to imbed safety, fire and environmental protection systems than to retro-fit after the fact. B. Make risk decisions at the appropriate level. As a decision-making tool, RM is only effective when the information is concentrated on the appropriate supervisory level for decision. The higher the risk, the higher the management level of who should make the decision to accept a risk or not. Often this will require the decision to apply resources, whether manpower, dollars or both, to mitigate risks to an acceptable level so the management decision-making level must be where the purse strings are controlled. C. Accept no unnecessary risk. Accept no level of risk unless the potential gain or benefit outweighs the potential loss. RM is a decision-making tool to assist the supervisor or individual in identifying, assessing, and controlling risks in order to make informed decisions that balance risk costs (potential losses) against mission benefits (potential gains). An unnecessary risk is one that if not taken, you can still accomplish the mission. For example...
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...Health and Safety Report By Festus Efosa Efosa INTRODUCTION To run a successful business, the company has to maintain the quality of its products and services as well as the productivity of the business. At the same time, health and safety of its employees are also very essential. The way a company does things is dependent on its management system. Health and safety forms an integral part of any business and holds equal importance as production, marketing, and quality, etc. In fact, health and safety have an impact on these functions, so it should be managed along with these functions. Everyone has the responsibility for health and safety but individuals holding managerial and supervisory positions have additional responsibilities in regards to health and safety so that the company can show its duty to care for employees and the society as a whole. MANAGERS RESPONSIBLITIES FOR HEALTH AND SAFETY IN WORKPLACE Managers and employers handle the management of health and safety according to the law. It is the duty of managers to protect the health and safety of its employees as well as other people who are affected by the business. The Health and Safety at Work etc. Act 1974 (HASAWA), and the Management of Health and Safety at Work Regulation 1999 (MHSWR) lay down some of the main responsibilities and duties of persons at work. It emphasizes and places duties on employees to take precautions of their own health and safety and that of others who may be affected by their “acts...
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...Curtin University of Technology Department of Civil Engineering Environmental Engineering Management 690 Assignment 2 Management of Health and Safety at Work in the Chemical Industry Prepared for: Professor Geoff Taylor By: Mohammed Alshiha Student ID: 13884145 Date: Jan 1st 2010 1.0 Introduction 1 Declaration (i) I have read and understood Curtin University’s policy on plagiarism and I confirm that the work submitted on the 1st of January by me is my own work, and that the work of any other person contained therein is clearly acknowledged. (ii) The work has been written since the 8th of December 2009. (iii) The references in the work do directly relate to the material appearing immediately before them in the text. (iv) All word-for-word quotes from another author are in quotation marks. Mohammed Alshiha ID#13884145 1.0 Introduction 2 Contents 1.0 Introduction ................................................................................................................................ 3 2.0 Safety Management System ........................................................................................................ 5 3.0 Risk Analysis ................................................................................................................................ 7 3.1 Search for hazards ................................................................................................................... 7 3.1.1 Systematic...
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...FAO FOOD AND NUTRITION PAPER NUMBER 65 RISK MANAGEMENT AND FOOD SAFETY Report of a Joint FAO/WHO Consultation Rome, Italy, 27 to 31 January 1997 ISSUED BY THE FOOD AND AGRICULTURE ORGANIZATION OF THE UNITED NATIONS IN COLLABORATION WITH THE WORLD HEALTH ORGANIZATION ROME, 1997 The designation employed and the presentation of material in this publication do not imply the expression of any opinion whatsoever on the part of the Food and Agriculture Organization of the United Nations concerning the legal status of any country, territory, city or area or of its authorities, or concerning the delimitation of its frontiers or boundaries. First issued in March 1997 in PDF format: reissued in April 1997 with corrections. The copyright in this document is vested in the Food and Agriculture Organization of the United Nations. Application for permission to reproduce this book, in whole or in part, by any method or process, should be addressed, with a statement of the purpose and extent of the reproduction desired, to the Director, Publications Division, Food and Agriculture Organization of the United Nations, Via delle Terme di Caracalla, 00100 Rome, Italy. FAO, Rome, 1997 CONTENTS CONTENTS ................................................................................................................................... iii LIST OF ACRONYMS....................................................................................................................v 1...
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...FOOD RISK COMMUNICATION, PROBLEMS AND ISSUES CONFRONTING COMMUNICATORS INTRODUCTION Risk communication is an integral part of risk analysis and an inseparable element of the Risk Management Framework (RMF). Risk communication helps to provide timely, relevant and accurate information to, and obtain information from, members of the risk analysis team and external stakeholders, in order to improve knowledge about the nature and effects of a specific food safety risk. Successful risk communication is a prerequisite for effective risk management and risk assessment. It contributes to transparency of the risk analysis process and promotes broader understanding and acceptance of risk management decisions. Risk communication is defined as an interactive exchange of information and opinions throughout the risk analysis process concerning risk, risk-related factors and risk perceptions among risk assessors, risk managers, consumers, industry, the academic community and other interested parties, including the explanation of risk assessment findings and the basis of risk management decisions (Codex Alimentarius Commission). The risk communication process Risk communication can be difficult to do well. It requires specialized skills and training, to which not all food safety officials have had access. It also requires extensive planning, strategic thinking and dedication of resources to carry out. Since risk communication is the newest of the three components of risk analysis to have...
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...Risk management in the health care in the past risk management and quality improvement job was separate in the health care organization. Even though, the job function may have been different the goal was the same. As up today they have close the gap to provide a better, and safety quality patient care. Rationale What is risk management any way not everyone has the same meaning. It can be define as such Risk management is a process for identifying, assessing, and prioritizing risks of different kinds. Once the risks are identified, the risk manager will create a plan to minimize or eliminate the impact of negative events. A variety of strategies is available, depending on the type of risk and the type of business. Outline Risk Management and Patient Safety: The Synergy and the Tension Integrating Risk Management, Quality Management, and Patient Safety into the Organization Benchmarking in Risk Management Risk Management Strategic Planning for a Changing Health Care Delivery System Using Never Events to Reduce Risk and Advance Patient Safety Governance and Board Responsibility to Assure Safety in Health Care Organizations 1. Introduction What is the goal or the idea behind risk management one of their focus is to reduce the financial risk other areas that may seem not important is the regulation. One of the principal issues facing health care risk management is governmental regulation. Over the last few decades, there has been a growing public...
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... Journal of Economics and Management Vol.2 Issue 1, January 2013, ISSN 2278‐0629 CREDIT APPRAISAL PROCESS OF SBI: A CASE STUDY OF BRANCH OF SBI IN HISAR NANCY ARORA*; DR. ARTI GAUR**; MS. BABITA*** *Student, Department of Business Administration, CDLU, Sirsa. **Assistant Professor, Department of Business Administration, CDLU, Sirsa. **Teaching Associate, Department of Business Administration, CDLU, Sirsa. ABSTRACT Pinnacle Research Journals 10 http://www.pinnaclejournals.com Credit risk is a risk related to non repayment of the credit obtained by the customer of a bank. Thus it is necessary to appraise the credibility of the customer in order to mitigate the credit risk. Proper evaluation of the customer is performed this measures the financial condition and the ability of the customer to repay back the loan in future. Credit Appraisal is a process to ascertain the risks associated with the extension of the credit facility. It is generally carried by the financial institutions which are involved in providing financial funding to its customers. In this paper, we study the Credit Risk Assessment Model of SBI Bank and to check the commercial, financial & technical viability of the project proposed & its funding pattern. Also to observe the movements to reduce various risk parameters which are broadly categorized into financial risk, business risk, industrial risk and management...
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...Risk and Quality Management Assessment Summary HCS/451 July 31, 2012 Introduction According to Sollecito and Johnson (2013), “Quality management is a systematic and continuous development that organizations use to deliver products, services, and to distribute merchandise that will meet or exceed consumer expectations. Quality management in healthcare has evolved over the years to address increased demands from consumers related to the quality of care as well as to address problems in patients’ outcomes.” Sometimes, the definition of quality is often elusive because it is perceived differently from person to another person. According to Shannon (2012), “Risk Management is the process of making and carrying out decisions that will assist in the prevention of adverse events and minimize the effects of those events. Historically, risk management in the health care setting and in health care organizations managed risks in a reactive manner which means each department worked independently to resolve its own issues.” The purpose of quality and risk management in health care organization in general and in the chosen organization in particular. The purpose of management of risk in a healthcare setting is first of all, according to Shannon (2012), “it was first previewed into the health care organization as an answer to the “malpractice crisis”. Health care organizations were faced with malpractice verdicts resulting in higher insurance rates. The...
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...Board of Management 3 4.2 Chief Executive Officer 4 4.3 Staff & SMC Members 4 4.4 Everyone 5 5. RISK MANAGEMENT PROCESS 5 5.1 Context 5 5.2 Identifying Risks 5 5.3 Analyzing Risks 7 5.4 Evaluating Risks 10 5.5 Treating Risks 11 6. MONITORING AND REVIEW 13 6.1 Procedure 13 6.2 Risk Closure 13 7. COMMUNICATION AND CONSULTATION 13 8. SUMMARY OF RECOMMENDATIONS 14 9. CONCLUSION 16 1. INTRODUCTION The 24/7 Fitness has changed rapidly in recent years, so to have the environment in which sport operates. There are now many opportunities for business and employment, as well as active participation. Along with increased opportunities comes an increased exposure to risk that must be understood and managed, at all levels. Risk Management is both an individual and a corporate responsibility. A systematic approach to risk management will ensure all representatives involved understand the environment in which they operate and allow them to anticipate and manage issues that may impact upon desired objectives and goals. The Gymnastics Tooronga road Victoria 3146, risk management program encourages an integrated approach to managing risks. It is built around having a common language, approach and management process. 2. SCOPE The scope of this Risk Management Plan covers the Association’s management, day-to-day operations, and conduct of competitions/events, Gym sport programs and related membership services. 3. OBJECTIVES Risk is, the...
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...Risk Management Overview February 21, 2011 FIN/415 Risk Management Overview Paper Risk management is a systematic process of managing the exposure of the organization to a variety of risks. This process has become increasingly important for the success of any organization in current competitive markets. The successful identification of threats and opportunities is crucial in risk management as it allows to create the processes and procedures allowing the company to maximize opportunities and minimize threats. Many organizations treat risk management seriously and create separate department responsible solely for risk management. Royal Caribbean Cruise Line incorporated risk management department into its structure. This step allowed this organization to improve the risk assessment procedures and introduce the necessary processes to minimize the impact of threats. The organizational risk relates to the organizational governance, operations, and information systems. The organizational risk management “provides assurance for reliable and accurate financial and operational information and reporting, effectiveness and efficiency of operations, and safeguarding of assets, as well as compliance with regulations, contracts, and the organization’s code of ethics” (Aghili, 2010, p. 23). Organizational risk management treats the relates to the organization as one entity and...
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