A.

TITLE OF THE ARTICLE: Risk analysis and management in construction

B. SOURCE: Google Scholar: International Journal of Project Management
PDF book
C. LINK:
https://www.sciencedirect.com/science/article/abs/pii/S026378639600035X
D. METHODOLOGY USED: A questionnaire survey of general contractors
and project management practices, the construction industry's perception of
risk associated with its activities and the extent to which the industry uses risk
analysis and management techniques.
E. FINDINGS: Formal risk analysis and management approaches are
infrequently employed in the construction sector due to a lack of expertise and
concerns about the applicability of these techniques for the industry's
activities, respectively.
F. CONCLUSION: In the construction industry, risk analysis and management
are mostly based on intuition, judgment, and experience.
G. TOPICS FOR FURTHER RESEARCH: Trends of probabilities to meet
project targets as a valuable and integrated project performance indicators.

A. TITLE OF THE ARTICLE: Project risk analysis and management—PRAM

the generic process
B. SOURCE: Google Scholar: International Journal of Project Management
PDF book
C. LINK:
https://www.sciencedirect.com/science/article/abs/pii/S0263786396000798
D. METHODOLOGY USED: The Association of Project Managers' working
group on project management
E. FINDINGS: The methodologies that have been developed over a long
period of time by a number of different persons and organizations. All of its
components have been thoroughly tested and refined in the context of
effective practice and implementation and difficulties associated with
achieving success.
F. CONCLUSION: A lot of new insights have emerged as a result of the
synthesis process. Some examples include: a more detailed phase structure
based on objectives, tasks, and deliverables; a more formal process for
defining the project to be evaluated; treating the risk management process as
a project in and of itself; and treating the resolution of ownership-contractual
issues as a project in and of itself.
G. TOPICS FOR FURTHER RESEARCH: Risk management as a project to
resolve ownership-contractual difficulties.

A. TITLE OF THE ARTICLE: Expert Judgment in Risk Analysis and

Management: Process, Context, and Pitfalls
B. SOURCE: Google Scholar: Wiley Online Library
C. LINK: https://pubmed.ncbi.nlm.nih.gov/1574619/
D. METHODOLOGY USED: Questionnaire survey and category identification
E. FINDINGS: Expert judgment has long played an important, if sometimes
unnoticed, part in analysis; however, current developments have emphasized
formalizing, explicitifying, and documenting it so that it can be detected and
assessed by other researchers and practitioners.
F. CONCLUSION: Increased public participation in scientific and
technological matters is likely to result from an increased policy role for formal
expert judgment, as well as the openness, transparency, and documentation
that are required to fulfill this function.
G. TOPICS FOR FURTHER RESEARCH: Extending the policy role in order
to increase public participation in scientific and technical approach

A. TITLE OF THE ARTICLE: Global trade in ornamental fish from an

Australian perspective: The case for revised import risk analysis and
management strategies
B. SOURCE: Google Scholar: Preventive Veterinary Medicine PDF book
C. LINK:
https://www.sciencedirect.com/science/article/abs/pii/S0167587707000785
D. METHODOLOGY USED: Laboratory findings and experimental analysis
E. FINDINGS: The import policies for ornamental fish between nations were
compared, and the efficacy of such restrictions was evaluated using Australia
as an example, due to the country's highly stringent import policies for
ornamental fish. The role of molecular epidemiology and ecological studies of
foreign fish, plants, and molluscs in connection to hazard identification and
risk assessment are examined in relation to the identification of hazards and
risk assessment, respectively.
F. CONCLUSION: Researchers concluded that the international trade in
ornamental fish poses a threat to transboundary biosecurity as well as the
future development of aquaculture industries, and that this trade represents a
special case for risk analysis under the SPS agreement, necessitating the use
of an alternate risk assessment methodology.
G. TOPICS FOR FURTHER RESEARCH: Risk analysis for transboundary
biosecurity under the SPS agreement

A. TITLE OF THE ARTICLE: Practical Risk Analysis for Safety Management

B. SOURCE: Google Scholar: Defensive Technical Information Center
C. LINK: https://apps.dtic.mil/sti/citations/ADA027189
D. METHODOLOGY USED: Quantitative characterization, Comparison,
Numerical Values
E. FINDINGS: The risk connected with being exposed to a potentially harmful
scenario increases as the amount of time spent in that circumstance
increases. In order to account for this, the value of unity is assigned to the
circumstance of a relatively infrequent exposure, potentially occurring only a
few times per year at most. Then, for continuous exposure, a value of 10 is
set to the parameter. A weekly exposure is assigned a value of three based
on the interpolation between these two reference points, which results in
intermediate values between the two reference points. Extrapolation is
required to account for scenarios in which a very uncommon exposure occurs,
and in fact, the value zero would be allocated in the case of no exposure at
all.
F. CONCLUSION: The cost effectiveness score suggests that the action
suggested in this plan is justifiable, but not overwhelmingly so, according to
the data. In contrast to shifting the tank, which is somewhat more effective but
significantly more expensive, this method is preferable. However, in light of
such a moderate reason, it is possible that alternate alternatives should be
investigated as well.
A. TOPICS FOR FURTHER RESEARCH: A practical risk analysis for the
purpose of risk mitigation techniques

A. TITLE OF THE ARTICLE: Software project risk analysis using Bayesian

networks with causality constraints
B. SOURCE: Google Scholar: Decision Support System
C. LINK:https://www.sciencedirect.com/science/article/abs/pii/
S0167923612003338
D. METHODOLOGY USED: Analysis and planning methods
E. FINDINGS: In order to achieve proper and effective risk control, the
researchers discover that risk planning must take place in accordance with
the concept of risk causation, which can provide more risk information for
decision-making.
F. CONCLUSION: The researchers concluded that they had developed the
first causal discovery framework for software project risk causality analysis, as
well as a model based on BNCC for use in software project risk management.
G. TOPICS FOR FURTHER RESEARCH: Effective risk control a and risk
management in the production of software

A. TITLE OF THE ARTICLE: Multiple criteria decision making and risk

analysis as risk management tools for power systems planning
B. SOURCE: Google Scholar: IEEE Xplore
C. LINK: https://ieeexplore.ieee.org/abstract/document/1033741
D. METHODOLOGY USED: Electricity Planning Model, Multiple-criteria
Model, Performing risk analysis, Planning strategies
E. FINDINGS: As a result of deregulation of the energy market and growing
concern about the environmental impact of electricity generation, uncertainty
in power system planning is becoming increasingly significant nowadays.
F. CONCLUSION: The results demonstrate that the incorporation of
additional criteria results in significantly more flexible and efficient strategies,
which significantly reduce environmental risk at a relatively low cost
increment, while the risk analysis process selects flexible and robust
strategies for the scenarios analyzed in the study.
G. TOPICS FOR FURTHER RESEARCH: Risk analysis for developing
adaptable and robust strategies

A. TITLE OF THE ARTICLE: A review of recent advances in risk analysis for

wildfire management
B. SOURCE: Google Scholar: International Journal of Wildland Fire
C. LINK: https://www.publish.csiro.au/WF/WF11114
D. METHODOLOGY USED: Quantifying and Integrating Methods
E. FINDINGS: Since its inception ten years ago, the application of risk
analysis to wildland fire management has seen steady growth, with the
introduction of new risk-based analytical tools that support a wide range of fire
and fuels management planning scales, ranging from individual incidents to
national, strategic interagency fire management programs. In the wake of a
quick examination of the three components of fire risk - likelihood, severity,
and consequences.
F. CONCLUSION: The quantitative and sophisticated nature of risk analysis
approaches has increased throughout time, yet they continue to be widely
disparate in terms of methodology and results. As a result of their findings, the
authors propose several essential and advantageous pathways for further
research and progress in wildfire risk assessments.
G. TOPICS FOR FURTHER RESEARCH: Wildfire risk analysis research and
development

A. TITLE OF THE ARTICLE: Improving flood risk analysis for effectively

supporting the implementation of flood risk management plans: The case
study of “Serio” Valley
B. SOURCE: Google Scholar: Environmental Science and Policy
C. LINK:
https://www.sciencedirect.com/science/article/abs/pii/S1462901116309728
D. METHODOLOGY USED: Comparison with the currently adopted expert-
driven approach.
E. FINDINGS: The findings demonstrate that FloodRisk provides more
meaningful information for risk reduction plans.
F. CONCLUSION: FloodRisk requires additional information, such as water
depth assessments and asset valuations, as well as a proper analysis and
disclosure of the uncertainty in its conclusions, all of which are required by
floodplain management. Despite the fact that there are still limitations that
prevent the FloodRisk application from being used without an adequate
understanding and critical consideration of the hazard, exposure, and
vulnerability characteristics of the study area at this time, considerations are
provided on how the utilization of this approach can be made more effective.
G. TOPICS FOR FURTHER RESEARCH: The effectiveness of risk reduction
alternatives

A. TITLE OF THE ARTICLE: Use of Risk Analysis to Assess Fishery

Management Strategies: A Case Study using Orange Roughy (Hoplostethus
atlanticus) on the Chatham Rise, New Zealand
B. SOURCE: Google Scholar: Canadian Science Publishing
C. LINK: https://cdnsciencepub.com/doi/abs/10.1139/f92-102
D. METHODOLOGY USED: Scientific methods, Stock assesssments
E. FINDINGS: According to the findings, the danger to the fisheries has been
quantified and shown to decrease as the rate of reduction in total permissible
catch increases.
F. CONCLUSION: The technique assists fisheries managers in striking a
balance between biological risk and economic risk. The approach is explored
in terms of its generalization.
G. TOPICS FOR FURTHER RESEARCH: Economic risk that has an impact
on the fishing industry

A. TITLE OF THE ARTICLE: Risk Analysis or Risk Assessment; A Proposal

for Consistent Definitions
B. SOURCE: Google Scholar: Springer Link
C. LINK: https://link.springer.com/chapter/10.1007/978-1-4684-5317-1_20
D. METHODOLOGY USED: Survey data gathering, analysis, assessment
E. FINDINGS: Risk assessment has become a popular topic of discussion in
recent years, but no standard definitions have arisen, and the same principles
can be found under a variety of different labels, according to the research
findings. The committee came up with its own nomenclature for the study that
was presented to the group of people.
F. CONCLUSION: Risk is defined as the possibility of experiencing a loss
during a given period of time or across a number of operating cycles. It can be
calculated by multiplying the likelihood of an accident by the amount of
damage in dollars, lives, or operating units. The possibility that an event will
occur that will have negative consequences for man and his environment is
discussed. The chance of an event occurring as well as the projected
outcome in terms of the nature, intensity, and length of the adverse effects are
all factors that influence the degree of risk associated with the event.
G. TOPICS FOR FURTHER RESEARCH: The likelihood of experiencing a
given unfavorable consequence as a result of a specific hazardous agent
reaction.

A. TITLE OF THE ARTICLE: Using Risk Analysis to Determine Construction

Project Contingencies
B. SOURCE: Google Scholar: ASCE Journal Libraries
C. LINK:https://ascelibrary.org/doi/abs/10.1061/(ASCE)07339364(2000)126:
(130)
D. METHODOLOGY USED: Comparison of variability and consistency
E. FINDINGS: A comparison of the variability and consistency of the
contingency estimates between non-ERA and ERA projects was conducted
as part of the study of the effect of era.
F. CONCLUSION: Between the two groups, there is a highly significant
difference in terms of variance and consistency, according to the findings. It
demonstrates the successful application of the ERA technique for public
works projects in order to limit the amount of unneeded and exaggerated
provision for risk that is made. The contingency allowance for ERA projects,
on the other hand, was still regarded high.
G. TOPICS FOR FURTHER RESEARCH: Improvement and refinement of the
ERA method as recommendations on capital budgeting policy are suggested.

A. TITLE OF THE ARTICLE: The Social Fabric at Risk: Toward the Social
Transformation of Risk Analysis
B. SOURCE: Google Scholar: Springer Link
C. LINK: https://www.jstor.org/stable/2095526
D. METHODOLOGY USED: Analysis and Assessment, Scientific and
technical methods
E. FINDINGS: Social fabric concerns serve as a link between various
sociological specializations by imposing risk analysis on human life, health,
and economic values. CI.Sociolofical concerns with social fabrics serve as a
link between various sociological specializations by imposing risk analysis on
human life, health, and economic values.
F. CONCLUSION: Specialization based on specific components of the social
fabric has the potential to conceal our common interests and lead to the
neglect of topics that have not yet created a body of specialized research
theory.
G. TOPICS FOR FURTHER RESEARCH: Psychological well-being was
identified as a risk factor for social transformation in the risk analysis.

A. TITLE OF THE ARTICLE: Decentralized Trust Management: Risk Analysis

and Trust Aggregation
B. SOURCE: Google Scholar: ACM Computer Surveys
C. LINK: https://dl.acm.org/doi/abs/10.1145/3362168
D. METHODOLOGY USED: Collaborative systems, Six threat models,
E. FINDINGS: Scores of confidence and feedback evaluations are valuable
pieces of information that should be carefully guarded in any trust
management system. When it comes to keeping track of trust ratings and
storing them in a public and secure global ledger, blockchain technology may
be used as an effective solution. Once a trust rating score is admitted into the
blockchain, it will be completely protected from malicious modification and
compromise.
F. CONCLUSION: Three distinct perspectives are presented on decentralized
trust management models, including their efficiency and robustness. First,
investigate the risk factors and negative consequences of six commonly
encountered threat models. Second,  look at representative trust aggregation
models and trust indicators in further detail. Third, an in-depth examination
and comparison of various reference trust aggregation approaches in terms of
their effectiveness and robustness is conducted.
G. TOPICS FOR FURTHER RESEARCH: Research and development of
next-generation trust aggregation algorithms, Services in the anticipation of
risk factors and mischievous threats

A. TITLE OF THE ARTICLE: The Effectiveness of Risk Management: An

Analysis of Project Risk Planning Across Industries and Countries
B. SOURCE: Google Scholar: Wiley Online Library
C. LINK: https://pubmed.ncbi.nlm.nih.gov/20723146/
D. METHODOLOGY USED: Interview, FGD
E. FINDINGS: The findings of the study imply that risk management can help
to mitigate the relationship between risk level and project success, as
previously stated.
F. CONCLUSION: The researchers came to the conclusion that even low
levels of risk management planning are sufficient to mitigate the detrimental
impact that risk levels have on the effectiveness of project implementation.
TOPICS FOR FURTHER RESEARCH: Planning for risk management and the
intensity of management processes