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Search results for: RISK FACTORS
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A method of Functional Test interval selection with regards to Machinery and Economical aspects
PublicationThis paper discusses the problem of choosing the optimal frequency of functional test, including the reliability calculations and production efficiency, but also the effect of company risk management. The proof test as a part of the functional test interval is well described for the process industry. Unfortunately, this situation is not the case for the machinery safety functions with low demand mode. Afterwards, it is presented...
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Safety integrity level verification for safety-related functions with security aspects
PublicationThe article is devoted some important issues of the functional safety analysis, in particular the safetyintegrity level (SIL) verification of safety functions to be implemented within the distributed controland protection systems with regard to cyber security aspects. The procedure for functional safety man-agement includes hazard identification, risk analysis and assessment, specification of overall safetyrequirements and definition...
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VALUATION OF EMBEDDED OPTIONS IN NON-MARKETABLE CALLABLE BONDS: A NEW NUMERICAL APPROACH
PublicationThe issue of how to price options embedded in callable bonds has attracted a lot of interest over the years. The usual bond valuation methods rely on yield curves, risk premium, and other parameters to estimate interest rates used in discounted cash flow calculations. The option to retire the bond is, however, neglected in the standard pricing models, causing a systematic overvaluation of callable bonds. In the event of a decline...
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Warunki hydrogeochemiczne i podatność na zanieczyszczenie wód podziemnych w zlewni górnej Raduni
PublicationThe paper presents results of long-term studies in the Kashubian Lake district that have been completed with data gathered over the last five years. The purpose of this research was to assess a temporal variability of groundwater chemical composition and to analyze risk of pollutant migration to subsurface water. Investigation indicates local, however, significant anthropogenic influence on a shallow aquifers.The assessment of...
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Modeling of event trees for the rapid scenario development
PublicationThe paper concerns the safety of ships in abnormal/damage conditions. Some conclusions following from the research associated with development of a method for safety assessment of ships in abnormal/damage conditions is presented in the paper. The method called SSAMADC (Ship Safety Assessment Method in Abnormal/Damage Conditions) is a risk-based method and is connected with application of the quantitative risk assessment QRA approach....
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Practical Evaluation of Internet Systems' Security Mechanisms
PublicationA proposed Internet systems security layer with context-oriented security mechanisms reduces the risk associated with possible vulnerabilities. A metric of the system trust level is proposed, and then evaluated according to a university Internet system.
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Zarządzanie bezpieczeństwem w złożonych obiektach i instalacjach krytycznych
PublicationW rozdziale scharakteryzowano wybrane metody wspomagające zarządzanie bezpieczeństwem w systemach technicznych, w tym metodę RCM (reliability-centered maintenance) polegającą na proaktywnej obsłudze, której celem jest nie dopuszczać lub przynajmniej ograniczać skutki potencjalnych uszkodzeń oraz metodę RBM (risk-based maintanance) i procedurę RIMAP (risk-based inspection and maintanance procedures) stosowaną w zarządzaniu bezpieczeństwem...
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Prognostic and diagnostic capabilities of OOBN in assessing investment risk of complex construction projects
PublicationModelling decision problems using Bayesian networks is extremely valuable especially in case of issues related to uncertainty; it is also very helpful in constructing and understanding visual representation of the elements and their relations. This approach facilitates subsequent application of Bayesian networks, however there can be situations where using simple Bayesian networks is impractical or even ineffective. The aim of...
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Protection of Pedestrians as the Key Action for Implementing - Poland’s Vision Zero
PublicationWHO reports show that pedestrians account for 10 to 70% of total road crash fatalities. In Poland, pedestrians also represent a significant road safety problem. For many years, pedestrian collisions have accounted for approx. 30% of total road crashes with more than 30% of pedestrians killed. Therefore, pedestrian safety has been one of Poland’s main objectives in its road safety programs implemented over the past 20 years. The...
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The risk assessment of adverse events of nursing activities as the element of quality management in healhcare
PublicationThe purpose of the paper is to present MedCARVER+Shock method and Pareto analysis and its usability for the risk assessment of adverse events of nursing activities. 888 activities carried out by all 190 nurses working at the District Hospital X located in Poland were taken into account. During the research the qualitative approach was used. As the result sixteen groups of nursing activities causing the highest risk of adverse events...
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Safety assurance strategies for autonomous vehicles
PublicationAssuring safety of autonomous vehicles requires that the vehicle control system can perceive the situation in the environment and react to actions of other entities. One approach to vehicle safety assurance is based on the assumption that hazardous sequences of events should be identified during hazard analysis and then some means of hazard avoidance and mitigation, like barriers, should be designed and implemented. Another approach...
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Functional safety in the context of risk appraisal criteria and cost-benefit analysis
PublicationRozdział przedstawia aktualne zagadnienia dotyczące analizy kosztów i efektów rozwiązań związanych z bezpieczeństwem na przykładzie systemów elektrycznych, elektronicznych i programowalnych elektronicznych (E/E/PE) pełniących funkcje sterowania i zabezpieczeń w obiektach podwyższonego ryzyka. Podkreśla się znaczenie kryteriów związanych z bezpieczeństwem, takich jak tolerowalność ryzyka (TOR) w kontekście analizy kosztów i efektów...
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The share of investments in gold and oil using the example of selected European stock exchanges– A comparative analysis
PublicationIn this article, optimal investment portfolios with minimal risk and maximum efficiency were calculated. The portfolios were designated for ten selected European stock exchanges, based on the listings of the twenty largest companies in each of those markets. All calculations were made based on company shares only, company shares and investments in gold, shares of companies and investments in crude oil as well as shares of companies...
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Good practices in requirements, project and risk managment in educational IT projects
PublicationOne can find many learning aids and simulations of physical phenomena on the market - provided as a standalone application or as part of an educational package. However, only a few of them allow for the building of interactive experiments: experiments similar to those that should be conducted in physics laboratories at schools. Gdańsk University of Technology decided to fill this market niche by designing and constructing a set...
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A Framework of A Ship Domain-Based Near-Miss Detection Method Using Mamdani Neuro-Fuzzy Classification
PublicationSafety analysis of navigation over a given area may cover application of various risk measures for ship collisions. One of them is percentage of the so called near- miss situations (potential collision situations). In this article a method of automatic detection of such situations based on the data from Automatic Identification System (AIS), is proposed. The method utilizes input parameters such as: collision risk measure based...
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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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Methodological issues of functional safety and reliability assessment of critical systems in industrial hazardous plants
PublicationThe aim of this article is to identify and discuss some methodological issues that are of interest among functional safety specialists and experts after publication of the second edition of international standards IEC 61508 and IEC 61511, including the design and implementing the safety-related functions of higher safety integrity levels and protection layers. The basic role of safety-related systems is to reduce effectively and...
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Znaczenie płci w procesie zakupu marek własnych sieci handlowych – analiza wielogrupowa
PublicationThe purpose of the article is to analyze the differences in the behavior of men and women in the process of purchasing store brands (SBs). Using an established conceptual model, we intended to identify differences, depending on gender of buyers, in the size of the effects of store image and brand price-image on perceived risk and subsequently on store brand purchase intention. A total of 652 respondents participated in the study....
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Defence in depth conception in nuclear power plants and requirements for instrumentation and control systems
PublicationThe aim of this article is to identify and discuss some issues of the safety systems’ design for nuclear power plants equipped with the light water reactors using a defence in depth (D-in-D) conception. Because the functional safety solutions play nowadays an important role for the risk control, the basic requirements for the instrumentation and control systems are specified with regard to relevant international standards. For...
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Ergonomics in Polish outpatient clinics
PublicationOutpatient clinics are structures In which ergonomics play a key role. This fact is associated with an often occurring risk of developing hospital-acquired infection. The risk increases with mistakes made in wrong planning the functional and spatial lay-out is subordinated to high utilitarian requirements, including hygienic and sanitary, and technological requirements. A properly planned structure allows to reduce dangers more...
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Risk Diagnosis and Management with BBN for Civil Engineering Projects during Construction and Operation
PublicationThe authors demonstrate how expert knowledge about the construction and operation phases combined with monitoring data can be utilized for the diagnosis and management of risks typical to large civil engineering projects. The methodology chosen for estimating the probabilities of risk elements is known as Bayesian Belief Networks (BBN). Using a BBN model one can keep on updating the risk event probabilities as the new evidence...
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Preeclampsia Risk Prediction Using Machine Learning Methods Trained on Synthetic Data
PublicationThis paper describes a research study that investigates the use of machine learning algorithms on synthetic data to classify the risk of developing preeclampsia by pregnant women. Synthetic datasets were generated based on parameter distributions from three real patient studies. Four models were compared: XGBoost, Support Vector Machine (SVM), Random Forest, and Explainable Boosting Machines (EBM). The study found that the XGBoost...
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Assessment of cardiovascular risk in assisted living
PublicationWady i choroby układu krążenia są jedną z podstawowych przyczyn problemów zdrowotnych oraz przyczyn śmierci. Wczesne ich wykrycie jest szczególnie cenne jako, że może zapobiec przez poważnymi incydentami (np. zawał, udar, itp.). W artykule przedstawiono nasobny system pomiarowy integrujący wiele pomiarów przydatnych do oceny problemów kardiologicznych.Disorders of the heart and blood vessels are the leading cause of health problems...
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Tools for 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 systematically identified, assessed, removed and mitigated. There are a number of approaches to road safety management. European Union Directive 2008/96/EC requires EU member states to use four basic tools of road safety infrastructure management. An overview of the methods in these countries...
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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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Concept of Multifactor Method and Non-Functional Requirements Solution to Increase Resilience through Functional Safety with Cybersecurity Analysis
PublicationIn the process of designing safety systems, an integrated approach in safety and cybersecurity analysis is necessary. The paper describes a new technique of increasing resilience through integrated analysis of functional safety and cybersecurity. It is a modeling methodology based on the combination of the multifactor method utilizing modified risk graphs, used previously for Safety Integrity Level (SIL) assessment, and the Non-Functional...
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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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Środowisko wspomagające zarządzanie ryzykiem w przedsięwzięciach informatycznych.
PublicationArtykuł prezentuje środowisko komputerowe wspierające proces zarządzania ryzykiem w przedsięwzięciach informatycznych. We wstępie wprowadzono charakterystykę procesu zarządzania ryzykiem oraz przedstawiono podział tego procesu na poszczególne fazy. Następnie omówiono potrzeby informatycznego wsparcia zarządzania ryzykiem i zaproponowano prototypowe narzędzie system Risk Guide. Opisano zakres oferowanego wsparcia i wbudowaną...
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Overheating of underground power cable line due to its partial exposition to solar radiation
PublicationCurrent-carrying capacity of underground power cable lines depends, among others, on thermal resistivity of the soil and cables layout: trefoil formation, flat formation with or without spacing. If conditions for heat transfer in the ground are favorable, the current-carrying capacity is relatively high. Therefore, it generates risk of the power cables overheating, if part of the cable line is located vertically in the air, to...
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State tax policy and reform tools as a risk of running a business. Case study based on Polski Ład – Polish tax reform
PublicationThe aim of the article is to describe and present the Polish tax reform introduced at the beginning of 2022. Tax changes introduced in Poland had a strong impact on the risk of running a business in Poland because in their assumption they directly changed the rules of running a business. Due to the pace of the introduced changes, as well as the scope of the reform, the new tax law was subject to numerous criticisms of taxpayers...
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Unconventional and user-friendly sampling techniques of semi-volatile organic compounds present in an indoor environment: An approach to human exposure assessment
PublicationThe commonly applied solutions used to assess the potential risk of human exposure to semi-volatile organic compounds (SVOCs) are based on the investigation of biological samples collected in an invasive or non-invasive manner. For SVOCs, which are typically introduced to humans through the respiratory system, dermal adsorption, or digestive system, sampling solutions generally used in the indoor environments are classified as...
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Technique for reducing erosion in large-scale circulating fluidized bed units
PublicationThis paper presents a methodology, implemented for a real industrial-scale circulating fluidized bed boiler, to mitigate the risk of heating surfaces exposed to an intensive particle erosion process. For this purpose, a machine learning algorithm was developed to support the boiler reliability management process. Having a tool that can help mitigate the risk of uncontrolled power unit failure without expensive and technically complex...
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Investor confidence and high financial literacy jointly shape investments in risky assets
PublicationHouseholds consistently invest less in equities and bonds than predicted by economic theory. We explain this from a behavioral economics perspective and distributional analysis using rich US survey microdata. We find that higher investor self-confidence in her financial abilities and financial literacy jointly increase the probability of investing in equities. Conditional on participation, confidence in the macroeconomy additionally...
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Is sequential batch reactor an efficient technology to protect recipient against non-steroidal anti-inflammatory drugs and paracetamol in treated wastewater?
PublicationThe tested facility was a wastewater treatment plant (WWTP) in Swarzewo, where the wastewater treatment takes place in aeration chambers with activated sludge using sequential batch reactors (SBRs). The concentration of the following pharmaceuticals: ibuprofen, paracetamol, flurbiprofen, naproxen, diclofenac, and its metabolites 5OH-diclofenac and 4OH-diclofenac was tested in influents and effluents. Simultaneously, the conventional...
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Markowitz’s portfolio theory – optimal length of estimation window for gold and the biggests companies on the Warsaw Stock Exchange
PublicationThe following article is dedicated to the construction of an investment portfolio consisting of 3 investments from the Polish capital market found in the WIG20 index and from investment in gold. The purpose of the study was to determine the optimal length of the estimation window for building a portfolio with minimal risk and maximum efficiency. The length of the estimation window was also assessed in terms of the rate of return...
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The impact of knowledge risk management on sustainability
PublicationPurpose The purpose of this study is to examine the effect of knowledge risk management (KRM) on organizational sustainability and the role of innovativeness and agility in this relationship. Methodology The study presents the results of a quantitative survey performed among 179 professionals from knowledge-intensive organizations dealing with knowledge risks and their management in organizations. Data included in this study are...
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Tools for road infrastructure safety management – Polish experiences
PublicationThe objective of road safety infrastructure management is to ensure that when roads are planned, designed, built and used road risks can be systematically identified, assessed, removed and mitigated. There are a number of approaches to road safety management. European Union Directive 2008/96/EC requires EU member states to use four basic tools of road safety infrastructure management. An overview of the methods in these countries...
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NADPH Oxidase Gene Polymorphism is Associated with Mortality and Cardiovascular Events in 7-Year Follow-Up
PublicationThe CYBA gene encodes the regulatory subunit of NADPH oxidase, which maintains the redox state within cells and in the blood vessels. That led us to investigate the course of coronary artery disease (CAD) with regards to CYBA polymorphisms. Thus, we recruited 1197 subjects with coronary atherosclerosis and observed them during 7-year follow-up. Three CYBA polymorphisms: c.214C>T (rs4673), c.-932G>A (rs9932581), and c.*24G>A (1049255)...
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Isothiocyanates may chemically detoxify mutagenic amines formed in heat processed meat
PublicationMeat consumption represents a dietary risk factor increasing the incidence of common cancers, probably due to carcinogenic amines (HAAs) formed upon meat heating. Interestingly, cancers whose incidence is increased by meat consumption, are decreased in populations consuming brassica vegetables regularly. This inverse correlation is attributed to brassica anticarcinogenic components, especially isothiocyanates (ITCs) that stimulate...
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Investor confidence and high financial literacy jointly shape investments in risky assets
PublicationHouseholds consistently invest less in equities and bonds than predicted by economic theory. We explain this from a behavioral economics perspective and distributional analysis using rich US survey microdata. We find that higher investor self-confidence in her financial abilities and financial literacy jointly increase the probability of investing in equities. Conditional on participation, confidence in the macroeconomy additionally...
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Early warning models against bankruptcy risk for Central European and Latin American enterprises
PublicationThis article is devoted to the issue of forecasting the bankruptcy risk of enterprises in Latin America and Central Europe. The author has used statistical and soft computing methods to program the prediction models. It compares the effectiveness of twelve different early warningmodels for forecasting the bankruptcy risk of companies. In the research conducted, the author used data on 185 companies listed on the Warsaw Stock Exchange...
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An analysis of domain-based ship collision risk parameters
PublicationAccording to a lot of contemporary research on ship collision avoidance the classic approach parameters – distance at closest point of approach (DCPA) and time to the closest point of approach (TCPA) – are not sufficient for estimating ship collision risk and for planning evasive manoeuvres. Consequently new measures are introduced, often utilizing the concept of a ship domain. Their drawback, up to this point, was the lack of...
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Impact of digital technologies on reliability of risk forecasting models - case study of enterprises in three global financial market regions
PublicationThis chapter focuses on the evaluation of impact of ICT on reliability of financial risk forecasting models. Presented study shows how the development of ICT can improve the effectiveness of such models. Determining a firm’s financial risk is one of the most interesting topics for investors and decision-makers. The multifaceted goal of the presented research is to separately estimate five traditional statistical and five soft computing...
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Towards the Development of a Risk Model for Unmanned Vessels Design and Operations
PublicationAn unmanned merchant vessel seems to be escaping from the stage of idea exploration. Once the concept proofs its safety, it may become a part of maritime reality. Although the safety aspect of such a ship has been addressed by a handful of scholars, the problem remains open. This is mainly due to lack of knowledge regarding actual operational circumstances and design of unmanned ships, which are yet to be developed. In the...
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Electrical safety in low-voltage DC microgrids with B-type residual current devices
PublicationResidual current devices (RCDs) are most popular devices used in low-voltage installations for protection against electric shock and fire. In cases of high risk of electric shock the application of RCDs is mandatory. Currently, the spread of local direct current (DC) microgrids is widely considered. This creates new challenges for protective systems, in particular those based on RCDs. The main purpose of the research is to test...
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Vibration testing in buildings and safety of their operation
PublicationThe paper presents the issue of vibrations in residential buildings located near roads. It describes the measurement methodology and criteria for assessing the impact of vibrations generated by passing trucks. The article specifies a method to establish the impact on the operation of the examined facilities and it promotes the idea of employing a Bayesian network to determine probabilistically the level of risk to single-family...
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Mutagenic and Carcinogenic Compounds in Food
PublicationFood is a major environmental human cancer risk factor. One of the reasons for this is that food products contain substances that exhibit mutagenic and carcinogenic potential which may induce the transformation of normal somatic cells into cancerous cells. These compounds occur in food as a result of microbial contaminations (mycotoxins produced by molds), are generated from natural food components upon processing (e.g. heterocyclic...
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Risk of power cables insulation failure due to the thermal effect of solar radiation
PublicationLow-voltage, as well as high-voltage power cable lines, are usually buried in the ground. The ampacity of the power cables in the ground mainly depends on the thermal resistivity of the soil, which may vary in a wide range. A common practice in power cable systems performance is to supply them from a pole of an overhead line. If so, a section of the line is located in free air and can be directly exposed to solar radiation. In...
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Economics of credit scoring management
PublicationCredit scoring models constitute an inevitable element of modern risk and profitability management in retail financial lending institutions. Quality,or separation power of a credit scoring model is usually assessed with the Gini coefficient. Generally, the higher Gini coefficient the better, as in this way a bank can increase number of good customers and/or reject more bad applicants. In...
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Drinking water safety evaluation in the selected sub-Saharan African countries: A case study of Madagascar, Uganda and Rwanda
PublicationIn the sub-Saharan region of Africa, access to safe drinking water remains limited in many countries. This study provides an overview of the quality of surface water and groundwater in rural and peri-urban areas of Madagascar, Uganda, and Rwanda. Selected physico-chemical parameters, inorganic species (including inorganic ions), and organic pollution indicators, such as total organic carbon, non-ionic surfactants, cationic surfactants, anionic...