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Search results for: INVESTMENT RISK EVALUATION METHODS
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Road Infrastructure Safety Management in Poland
PublicationThe objective of road safety infrastructure management is to ensure that when roads are planned, designed, built and used road risks can be identified, assessed and mitigated. Road transport safety is significantly less developed than that of rail, water and air transport. The average individual risk of being a fatality in relation to the distance covered is thirty times higher in road transport that in the other modes. This is...
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Photogrammetric Development Of The Threshold Water At The Dam On The Vistula River In Wloclawek From Unmanned Aerial Vehicles (Uav)
PublicationBarrage in Wloclawek (Poland) was designed by Hydroprojekt and built in the years of 1962 - 1970 as the first stage of the planned Lower Vist ula Cascade. Cascade design assumed the construction of 8 dams in Wyszogr o d, Plock, Wloclawek, Nieszawa (Ciechocinek as an option), Solec Kujawski, Chelmno, Opalen and Tczew. Nieszawa dam was supposed to ensure the maintenance of an adequate free surface...
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Methods of Assessment of Metal Contamination in Bottom Sediments (Case Study: Straszyn Lake, Poland)
PublicationThe concentrations of six metals (Zn, Cu, Pb, Ni, Cr, and Cd) were investigated in bottom sediments of Straszyn Lake (North Poland). This study was designed to determine a total content of metals and to assess their mobility and bioavailability. The sequential extraction was used to fractionate metals into five fractions: exchangeable, bound to carbonates, bound to Fe–Mn oxides, bound to organic matter, and residual. The evaluation...
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Towards a process based management system for oil port infrastructure in context of insurance
PublicationThis article addresses selected methodological aspects of a process based management system based on analysis of hazards and threats and risk evaluation for an oil port infrastructure in context of insurance. The oil port terminal is regarded as important system of the critical infrastructure that require careful system oriented approach to deal with integrated aspects of environmental, safety and security management to reduce...
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Procedure based proactive functional safety management for the risk mitigation of hazardous events in the oil port installations including insurance aspects
PublicationThis article addresses selected technical and organization aspects of risk mitigation in the oil port installations with regard to functional safety requirements specified in standards IEC 61508 and IEC 61511. The procedure for functional safety management includes the hazard identification, risk analysis and assessment, specification of overall safety requirements and definition of safety functions. Based on risk assessment results...
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ROAD SAFETY MANAGEMENT TOOLS FOR COUNTRY STRATEGIC LEVEL
PublicationStrategic road safety programmes setting out long-term visions and road infrastructure development plans must be based on road safety forecasts and an understanding of the long-term impact of different measures on road safety. The objective of this paper is to discuss a concept of road safety management for an area of a selected country because there are no simple tools of road safety management for the development and implementation...
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Selecting cost-effective risk control option for advanced maritime operations; Integration of STPA-BN-Influence diagram
PublicationAdvanced maritime operations, such as remote pilotage, are vulnerable to new emergent risks due to increased system complexity and a multitude of interactions. Thus, maritime researchers this decade have combined Systems-Theoretic Process Analysis (STPA) and Bayesian Network (BN) to effectively manage these risks. Although these methods are effective in identifying hazards and analyzing risk levels, none of the STPA-BN studies...
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Analiza skuteczności wybranych strategii kontrariańskich na warszawskiej GPW w latach 2014–2018
PublicationCapital multiplication is the main goal of investors and for many years they have been looking for methods and strategies that would enable them to achieve it to the greatest possible extent. Due to the fact that the expectations and characteristics of investors, including those concerning the investment period, are diverse, multiple strategies have emerged. One of such strategies, mainly long-term in nature, is the so-called...
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Instalacje fotowoltaiczne w budownictwie wielorodzinnym
PublicationArtykuł opisuje wpływ instalacji fotowoltaicznych na bezpieczeństwo eksploatacji budynków wielorodzinnych. W oparciu o projekty rzeczywistych obiektów przeprowadzono analizę zwiększenia ryzyka strat odgromowych, zmiany obciążenia konstrukcji dachu i wzrostu zagrożenia pożarowego na skutek montażu systemu fotowoltaicznego. Przeprowadzone obliczenia wskazują na konieczność kompleksowego podejścia do projektowania instalacji fotowoltaicznych....
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Determining required safety integrity level
PublicationOne of the most important stage of technical system functional safety analysis is defining the safety-related functions as well as determining safety integrity level (SIL) for each defined function. A properly carried out hazard identyfication process is the necessary condition for correct definition of the safety-related functions. Determining the safety integrity level (SIL) is based on risk assessment taking into account risk...
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Current issues of functional safety and cybersecurity analysis of the industrial and critical infrastructures
PublicationThis article addresses some functional safety assessment procedures with cybersecurity aspects in critical industrial installations with regard to the functional safety requirements specified in standards IEC 61508 and IEC 61511. The functional safety management includes hazard identification, risk analysis and assessment, specification of overall safety requirements and definition of safety functions. Based on the risk assessment...
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Machine learning-based seismic fragility and seismic vulnerability assessment of reinforced concrete structures
PublicationMany studies have been performed to put quantifying uncertainties into the seismic risk assessment of reinforced concrete (RC) buildings. This paper provides a risk-assessment support tool for purpose of retrofitting and potential design strategies of RC buildings. Machine Learning (ML) algorithms were developed in Python software by innovative methods of hyperparameter optimization, such as halving search, grid search, random...
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How to apply the probabilistic model of measurement processes successfully
PublicationApplicational aspects of probabilistic model of measurement processes, proposed by G.B. Rossi, are considered. The main idea of the model - using of Bayes-Laplace postulate for solution of inverse probability problem, is substituted by Fisher's concept of the likelihood function, expressed in the data translated format. This approach gives a clear-sighted solution of inverse probability. Some recommendations for application of...
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Platform Supporting the Esophageal Impedance Analysis
PublicationThe esophageal pH-impedance examination is one of the most popular diagnostic methods for identifying the upper gastrointestinal tract’s diseases. Inconclusive test evaluation criteria makes it difficult to state the definite diagnosis. In this paper, the computer platform supporting the research and teaching process in the area of pH-impedance analysis is presented. Users, having a variety of mathematical and statistical methods...
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Accounting for the distributions of input quantities in the procedure for the measurement uncertainty evaluation when calibrating the goniometer
PublicationThe discords concerning the measurement uncertainty evaluation in the Guide to the Expressing of Uncertainty in Measurement (GUM) and its Supplement 1 are considered. To overcome these discords, the authors of the paper propose to use the kurtosis method and the law of the propagation of the expanded uncertainty. Using the example of the goniometer calibration, the features of accounting for the distribution laws of input quantities...
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NUMERICAL ESTIMATION OF HULL HYDRODYNAMIC DERIVATIVES IN SHIP MANOUVERING PREDICTION
PublicationOperating in crowded waterways pose a risk of accidents and disasters due to maneuvering limitations of the ship. In order to predict ship’s maneuvering characteristics at the design stage, model tests are often executed as the most accurate prediction tool. Two approaches can be distinguished here: free running model tests and numerical simulations based on planar motion model with the use of hydrodynamic derivatives obtained...
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Methodology for assessing the lighting of pedestrian crossings based on light intensity parameters
PublicationOne of the possible preventive measures that could improve safety at crossings is to assess the state of illumination of the lighting installation located in the transition area for pedestrians. The City of Warsaw has undertaken to comprehensively assess the pedestrian crossings to determine the level of road safety and the condition of lighting. The lighting conditions related to pedestrian crossings without traffic lights in...
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Designing issues of the alarm system in context of functional safety and human factors
PublicationThis article addresses selected aspects of the alarm system and human factors that should be evaluated during the design and operation of an industrial hazardous installation. In such installations the layer of protection analysis (LOPA) methodology is often applied for simplified risk analysis based on defined accident scenarios. To reduce and control the risks the safety instrumented functions (SIFs) are identified and their...
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Awareness evaluation of patients in vegetative state employing eye-gaze tracking system
PublicationApplication of eye-gaze tracking system to awareness evaluation is demonstrated. Hitherto awareness evaluation methods are presented. The assumptions of proposed method based on analysis of visual activity of patients in vegetative state are demonstrated. The eye-gaze tracking system ''Cyber-Eye'' developed at the Multimedia Systems Department employed to conducted experiments is presented. Research described in the paper indicates...
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Knowledge Risk Management in Organizations
PublicationPurpose – Shorter product life cycles, greater demands from consumers for sustainable and eco-friendly products and services, and thus the need for constant market observation make today’s business environment a rather complex one, the one that is characterized not only by a number of opportunities but also by a number of risks. These risks are increasingly related to knowledge which, in turn, underlines the need for an updated...
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Merton-type default risk and financial performance: the dynamic panel moderation of firm size
PublicationPurpose – The main purpose of this study is to evaluate the probability of default and examine the relationship between default risk and financial performance, with dynamic panel moderation of firm size. Design/methodology/approach – This study utilizes a total of 1,500 firm-year observations from 2013 to 2018 using dynamic panel data approach of generalized method of moments to test the relationship between default risk and financial...
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The effect of job-related stress on psychological well-being = Wpływ stresu zawodowego na dobrostan psychiczny
PublicationThe aim of the investigation was to evaluate the effect of job stress factors on psychological well-being of firemen. Goldberg's GHQ-12 for well-being evaluation, the Perceived Job Stress Questionnaire by Dudek et al. for job stress assessment, and indicator of participation in traumatic events were used. 19% of the firemen were qualified to the group with increased risk of mental disorders. Occupational stress had a strong impact...
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Assessment of occupational risk in technical undertakings
PublicationSummary An undertaking - as a new and often single action - in its nature creates problems with predicting the realization of planned aims. Each undertaking bears some risk. Protection of a man who carries out an undertaking is even a more difficult task. The article offers a method of estimating potential risks connected with labour conditions on the basis of risk evaluation at the stage of undertaking planning.Streszczenie Realizacja...
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Tworzenie modelu pojęciowego dla zarządzania ryzykiem na przykładzie procesu laminowania w stoczni jachtowej
PublicationCelem artykułu jest zaproponowanie modelu pojęciowego normalizującego kryteria oceny ryzyka w systemie zarządzania jakością w stoczni jachtowej. Zamiarem jest przeprowadzenie analizy danych, pozwalającej wytyczyć zbiory o wysokim, średnim i niskim poziomie istotności dla wszystkich błędów powstających w procesie laminowania. W artykule skoncentrowano się na najważniejszych pojęciach związanych z ryzykiem i kryteriami jego oceny....
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Advanced Bayesian study on inland navigational risk of remotely controlled autonomous ship
PublicationThe arise of autonomous ships has necessitated the development of new risk assessment techniques and methods. This study proposes a new framework for navigational risk assessment of remotely controlled Maritime Autonomous Surface Ships (MASS). This framework establishes a set of risk influencing factors affecting safety of navigation of a remotely-controlled MASS. Next, model parameters are defined based on the risk factors, and...
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Assessment of the Relationship between the Shape of the Lateral Meniscus and the Risk of Extrusion Based on MRI Examination of the Knee Joint
PublicationBackground Meniscus extrusion is a serious and relatively frequent clinical problem. For this reason the role of different risk factors for this pathology is still the subject of debate. The goal of this study was to verify the results of previous theoretical work, based on the mathematical models, regarding a relationship between the cross-section shape of the meniscus and the risk of its extrusion. Materials and Methods Knee...
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Environmental risk assessment of Polish wastewater treatment plant activity
PublicationWastewater treatment plants (WWTPs) play an extremely important role in shaping modern society's environmental wellbeing and awareness, however only well operated and supervised systems can be considered as environmentally sustainable. For this reason, an attempt was undertaken to assess the environmental burden posed by WWTPs in major Polish cities by collecting water samples prior to and just after wastewater release points....
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Methods of Assessing Degradation of Supercapacitors by Using Various Measurement Techniques
PublicationThis article presents the qualitative analyses of the construction of supercapacitor samples. The analyses are based on the suggested thermographic measurements as well as the technique of testing the inherent noise of the investigated element. The indicated assessment methods have been referred to the currently used parameters for the qualitative evaluation of supercapacitors. The approach described in this paper, which introduces...
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Functional safety and cyber security analysis for life cycle management of industrial control systems in hazardous plants and oil port critical infrastructure including insurance
PublicationThis report addresses selected methodological aspects of proactive reliability, functional safety and cyber security management in life cycle of industrial automation and control systems (IACS) in hazardous plants and oil port critical installations based on the analysis of relevant hazards / threats and evaluation of related risks. In addition the insurance company point of view has been also considered, because nowadays the insurer,...
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Analysis and Evaluation of the Working Cycle of the Diesel Engine
PublicationThe paper presents a proposal to apply a quantitative evaluation of the diesel engine with regard to the phenomena occurring during of a working cycle. The proposed procedure when analyzing test results from diesel engine is an attempt to transfer an engine activity evaluation methods in the operational time scale (exploit time), eg. in hours, to the micro-scale (dynamic time) relating only to the execution time of one (several)...
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Metal-Organic Frameworks in Green Analytical Chemistry
PublicationTaking into consideration the rapid expansion of MOFs applications in the analytical chemistry area, it is important to evaluate the existing and future analytical MOF-based methods according to GAC principles. From this point of view, eco-friendly MOFs-based methods should include features such as: green design and synthesis of MOF, evaluation of toxicity issues of MOFs, and incorporation of MOFs in GAC methods. This Chapter will...
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Currently Commercially Available Chemical Sensors Employed for Detection of Volatile Organic Compounds in Outdoor and Indoor Air
PublicationThe paper presents principle of operation and design of the most popular chemical sensors for measurement of volatile organic compounds (VOCs) in outdoor and indoor air. It describes the sensors for evaluation of explosion risk including pellistors and IR-absorption sensors as well as the sensors for detection of toxic compounds such as electrochemical (amperometric), photoionization and semiconductor with solid electrolyte ones....
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Use of Sensory Analysis Methods to Evaluate the Odor of Food and Outside Air
PublicationSensory analysis is applied in many areas of daily life. It is used to carry out the sensory evaluation of foodstuffs or other products and to evaluate the properties of odors present in the environment. The authors attempt to summarize the knowledge on the classification and application of sensory analysis methods to evaluate the odor nuisance of air, which allows the identification of sensory impressions and determination of...
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Metals in the environment as risk factors for infectious diseases: gaps and opportunities
PublicationThis chapter aims to provide insights into current knowledge and gaps in our understanding of the influence that trace metals in the environment have on the pathogenesis of infectious diseases. By reducing immune function, trace metal deficiencies may substantially contribute to the global burden of diarhea, pneumonia, and malaria. Improved methods and biomarkers for assessing the risk of trace metals deficiencies and toxicities...
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Performance evaulation of video object tracking algorithm in autonomous surveillance system
PublicationResults of performance evaluation of a video object tracking algorithm are presented. The method of moving objects detection and tracking is based on background modelling with mixtures of Gaussians and Kalman filters. An emphasis is put on algorithm's efficiency with regards to its settings. Utilized methods of performance evaluation based on comparison of algorithm output to manually prepared reference data are introduced. The...
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Performance evaluation of video object tracking algorithm in autonomous surveillance system
PublicationResults of performance evaluation of a video object tracking algorithm are presented. The method of moving objects detection and tracking is based on background modelling with mixtures of Gaussians and Kalman filters. An emphasis is put on algorithm's efficiency with regards to its settings. Utilized methods of performance evaluation based on comparison of algorithm output to manually prepared reference data are introduced. The...
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Low-power device simulator for micro-energy measurement methods testing
PublicationThe paper presents low-power device simulator designed for testing of micro-energy measurement methods. Such kind methods can be used for evaluation of power systems based on Energy Harvesting. The device allows to set the current consumption characteristic over the time, thus making possible playing the role of different types of low-power devices e.g. simulating sensor network node.
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Psychosocial risks associated with the profession of train driver
PublicationExcellent competencies as well as a good physical and mental health are required in train drivers’ profession. Despite the changes in the structure of employment the train drivers above 46 years and job tenure longer than 30 years are the largest group. The generation gap is becoming more pronounced, and its fulfilment will not be easy. It is related not only to training of new personnel but also promotion of healthy work environment...
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Przegląd metod oceny struktur przestrzennych w warunkach zrównoważonego rozwoju
Publicationthe article "the assessment methods' review of urban structures in the sustainable development context" presents various methods along with tools and ways how to apply them. mainly it is based on methods' descriptions contained in bequest programme (building environmental quality evaluation sustainability through time). the assessment should improve formation of the built environment and practical realization of the idea of sustainable...
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Does being socially good save firms from bankruptcy? A systematic literature review and bibliometric analysis
PublicationThe purpose of the review was to find out, does being responsible saves firms from bank-ruptcy? What is the relationship between corporate social responsibility and default risk? What meth-ods and measures are used in the literature to evaluate this relationship? And what is the theoretical underpinning of the studies? Moreover, to explore what are the gaps for future work, Web of Science and Scopus databases were utilised to obtain...
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Dataset Related Experimental Investigation of Chess Position Evaluation Using a Deep Neural Network
PublicationThe idea of training Articial Neural Networks to evaluate chess positions has been widely explored in the last ten years. In this paper we investigated dataset impact on chess position evaluation. We created two datasets with over 1.6 million unique chess positions each. In one of those we also included randomly generated positions resulting from consideration of potentially unpredictable chess moves. Each position was evaluated...
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Testing the Weibull distribution in road traffic losses analysis
PublicationThe paper presents an attempt of applying the Weibull distribution for the purpose of analysing road traffic losses (fatalities). The question it asks is whether reliability engineering methods can be applied for the analyses. If this is the case, what should be the interpretation of the numbers and terms? It was assumed that the losses generated by a malfunctioning road transport system are fatalities. Risk exposure to these losses...
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Exchange-traded products in Germany: development and substitution of exchange-traded funds, exchange-traded commodities and exchange-traded notes.
PublicationResearch background: Exchange-traded products (ETPs) are one of the most rapidly growing categories of financial products. Their fast development has been boosted by innovative features. Three main categories of ETPs are exchange-traded funds (ETFs), exchange-traded commodities (ETCs) and exchange-traded notes (ETNs). ETCs and ETNs remain least known, even though their number on some stock exchanges is high. In Europe, Germany...
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Measurements of Two-phase Flows in Pipelines Using Radioisotopes and Statistical Signal Processing
PublicationThis paper presents an application of radiotracers and gamma absorption method in two-phase flow measurements in pipelines. Two different methods were implemented to analysis of acquired signals. Investigated methods are based on the cross-correlation function and the phase of the cross-spectral density distribution. The examples presented in the article illustrate the application of the radioisotopes to evaluation of liquid-gas...
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A Set of Low-power Microcontroller-based Modules Used for Testing of Small Energy Measurement Methods
PublicationEstimation of energy consumption of low-power devices is not widely discussed in the scientific literature, but this topic is getting more and more popular. Evaluation process of newly developed methods and instrumentation requires carefull treatment. In order to fulfill this niche, the set of micro-power microcontroller based devices was proposed. The devices represent typical energy consuption profiles and allow experimental verification...
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Computational intelligence methods in production management
PublicationThis chapter presents a survey of selected computational intelligence methods used in production management. This group of methods includes, among others, approaches based on the artificial neural networks, the evolutionary algorithms, the fuzzy logic systems and the particle swarm optimization mechanisms. From the abovementioned methods particularly noteworthy are the evolutionary and the particle swarm algorithms, which are successfully...
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ANALYSIS OF THE INCREASE OF CONSTRUCTION COSTS IN URBAN REGENERATION PROJECTS
PublicationThe subject of this paper is the analysis and evaluation of the reasons for construction costs increases in urban regeneration projects. The analysis considers major refurbishments of real estates’, as well as heavy repair and modernization of the road system. For the period mentioned, the costs from works and expenditure schedules were compared with the costs of additional works, which shows the percentage cost increase in relation...
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The Influence of Selecting Regions from Endoscopic Video Frames on The Efficiency of Large Bowel Disease Recognition Algorithms
PublicationThe article presents our research in the field of the automatic diagnosis of large intestine diseases on endoscopic video. It focuses on the methods of selecting regions of interest from endoscopic video frames for further analysis by specialized disease recognition algorithms. Four methods of selecting regions of interest have been discussed: a. trivial, b. with the deletion of characteristic, endoscope specific additions to the...
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Modeling of a Quasi-Resonant DC Link Inverter Dedicated to Common-Mode Voltage and Ground Current Reduction
PublicationIn this paper, the modeling methodology of the AC drive system with a Parallel Quasi-Resonant DC Link Inverter (PQRDCLI) is described. A presented modeling approach is an attractive tool used for the effective evaluation of a common-mode (CM) voltage and grounds current reduction methods. Designed models of inverter, induction machine (IM), and cable are simple, thus the methods for parameter extraction are not complicated. Verification...
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Rynek inwestowania w sztukę jako przykład inwestycji alternatywnej
PublicationW opracowaniu przedstawiono klasyfikację inwestycji emocjonalnych jako jednej z kategorii inwestycji alternatywnych. Ocenie poddano wpływ inwestorów chińskich na kondycję rynku sztuki. Zbadano zmienność stopy zwrotu dla wybranych krajowych rynków sztuki. Obliczono podstawowe miary statystyczne dla analizowanych inwestycji alternatywnych. Wskazano na potencjalne możliwości obniżenia ryzyka portfela inwestycyjnego poprzez odpowiednią...