Thesis (M. Sc. (Environmental Science))--Rhodes University, 2006.

IT innovations have reshaped banking and will continue to do so. They are a manifestation of indispensable progress, yet risks emerge from IT innovations. Historic data and accounts of emerging risk experiences are rather scarce. Hence, they present a special challenge to risk management as they are hard to identify. Moreover, traditional risk management practices, relying on historic data, may not be fully adequate. What solutions can be offered by risk management to manage these risks? When is an uncertainty understood as an emerging risk? Who needs to be involved in the risk management process?The research asks the seemingly obvious question, yet this important topic has been regularly neglected in academics as well as in practice. Both literature and theoretical basis have only recently developed so as of yet there is little availability of varying viewpoints and reliable theories. 70% of the banks interviewed do notactively consider emerging risks in their risk management process. The banks take a reluctant position in general, waiting to see how things develop. Only three banks have a proactive approach and manage emerging risks from IT innovation in using an enterprise-wide approach such as Enterprise Risk Management (ERM).Therefore, this work develops a conceptual framework which aims to fill the research gap between ERM as an approach to holistic portfolio risk management and the lack of academic and practical work on emerging risks. The conceptual framework explores how banks can apply ERM to manage emerging risks in the future. Researching this topical phenomenon, extending today's common application and understanding of emerging risks and ERM in practice and academia is one of the most challenging tasks confronting future risk management (Bromiley et al., 2015).To the author's knowledge, this project is one of the first to take this challenge.

Coordenação de Aperfeiçoamento de Pessoal de Nível Superior / The following dissertation, ¨Curricular device of control: Management of the risk and govern of the deafness in the educational scene¨ connects to the curriculum development in approach to a post structural access. On the rummage of this work, for such constructions the checkpoint was the referring possibilities the capture and invention of the deafness in the curricular scope, taken mainly from the studies of Michel Foucault. For such constructions the National Curricular Parameters were selected: curricular adaptations, that when compose a discursive conjuncture next to other documents, has made possible the governance of the deafness in the educational contemporary area. Amongst the conceptual tools that had tacked this dissertation, I detach the governance and the bio-politics, which had hallowed to the description and analysis of the resume as a device that has operated in the management and regulation of the deaf group, produced as a group of risk. In this way it is possible to verify the placed normalization processes in functioning for the gear of the inclusion, where the deafness is translated by the bias of the cultural plurality. Argument that stops taking care of the neoliberal government principles, strategies of malleability in the direction are delineated to keep the curricular functionality and to make possible the regulation in the control society. In this manner, how much bigger the capacity of the resume in make itself flexible, greater the capacity to be large in scope of its governance. Being thus, the resume in such a way answers to the liquefaction and transitoriness of the world after-modern, it produces how much it. In view of strategical the inclusive movement as imperative in the current context, the delineation of the deafness in the register of the diversity can be glimpsed as category submit of normalization. Thus, one invests on the deaf citizen-pupils biopoliticos mechanisms of regulation that place in practical prophylactic and preventive measures for containment of possible risks represented for the exclusion, discrimination, intolerance, amongst other situations. Finally, without intending to solve any tenseness of the education or the resume, I bring glances that lead to think about possibilities o escape in the regulation meshes, pointing with respect to the communion of diad to be able/freedom. / A seguinte dissertação, Dispositivo curricular de controle: gerenciamento do risco e governamento da surdez no cenário educacional , conecta-se ao campo de estudos do currículo, em aproximação com uma abordagem pós-estruturalista. Nos enlaces investigativos deste trabalho, procurou-se pontuar as possibilidades referentes à captura e invenção da surdez no âmbito curricular, tomadas principalmente a partir dos estudos de Michel Foucault. Para tais construções, elegeu-se como corpus de análise os Parâmetros Curriculares Nacionais: adaptações curriculares, que, ao comporem uma conjuntura discursiva junto a outros documentos, têm viabilizado o governamento da surdez no terreno educacional contemporâneo. Dentre as ferramentas conceituais que alinhavaram esta dissertação, destaco o governamento e a biopolítica, as quais permitiram a descrição e análise do currículo como um dispositivo que tem operado na gestão e regulação do grupo surdo, produzido como grupo de risco. É possível verificar os processos de normalização colocados em funcionamento pela engrenagem da inclusão, em que a surdez é traduzida pelo viés da pluralidade cultural. Argumento que, para atender a princípios de governo neoliberais, se delineiam estratégias de maleabilidade no sentido de manter a funcionalidade curricular e viabilizar a regulação na sociedade de controle. Desse modo, quanto maior a capacidade do currículo em flexibilizar-se, maior a abrangência de seu governamento. Sendo assim, o currículo tanto responde à liquefação e transitoriedade do mundo pós-moderno, quanto o produz. Tendo em vista o movimento inclusivo como imperativo estratégico no contexto atual, pode-se vislumbrar o delineamento da surdez no registro da diversidade como categoria passível de normalização. Assim, sobre os sujeitos alunos surdos, investem-se mecanismos biopolíticos de regulação que colocam em prática medidas profiláticas e preventivas para contenção de possíveis riscos representados pela exclusão, discriminação, intolerância, dentre outras situações. Por fim, sem pretender resolver quaisquer tensionamentos da educação ou do currículo, trago relances que levem a pensar em possibilidades de escape nas malhas de regulação, apontando para o agonismo da díade poder/liberdade.

A Resolução 3.380 do Banco Central do Brasil, de 29 de junho de 2006, determina que, até o final de 2007, todas as instituições autorizadas a funcionar pela referida Autarquia deverão implementar estrutura de gerenciamento do risco operacional, representando mais um passo no processo de adesão do Brasil ao Novo Acordo de Capitais da Basiléia. Os objetivos desta dissertação são estudar o processo de estruturação de unidade de gestão de riscos operacionais e identificar referencial teórico que permita embasar a estruturação de unidades de gestão de risco operacional em bancos. De modo a atingir os objetivos propostos, foi realizado estudo de caso exploratório de um banco escolhido em função de sua representatividade no cenário nacional. Os resultados da pesquisa sugerem que o referencial teórico sobre estruturas organizacionais pode ser muito útil na estruturação de unidades de gestão de riscos operacionais em bancos, devido ao fato do arcabouço conceitual sobre unidades de gestão de riscos operacionais ainda ser muito incipiente. / The resolution 3380 of the Brazilian Central Bank, as of June 29th 2006, determines that, until the end of 2007, all authorized institutions must implement an operational risk management structure, representing another step in the brazilian compliance process to the New Basel Capital Accord. The objectives of this work are to study the structuring process of an operational risk management unit and to identify theoretical references to support this structuring process in banks. In order to achieve the considered objectives, a case study was conducted on a bank chosen in function to its relevance in the national scene. The results of the research suggest that the theoretical references on organizational structures can be very useful in structuring operational risk management units in banks, due to the fact that theoretical background on operational risk management units are still incipient.

Thesis deals with weather derivatives and their position within other financial instruments. It is divided into five main parts. The aim of the first part is to describe the basic mechanism and hallmarks of derivatives as a part of financial market. Also a brief history of weather derivatives is charted. The second chapter is focused on risk and fundamental risk factors and approaches. The weather risk management is presented. The third part discuses weather risk as special kind of risk. This part analyzes the impact of weather on the economy. The differences between weather derivatives and insurance are highlighted. The fourth chapter presents the weather derivatives from the users' points of view; it describes weather derivatives' structure and usage, main underlying indices and also looks on the pricing issues. In the final part the current situation and the possible future evolution of weather derivatives is presented. This part also includes information about the main organizations dealing with either weather management or derivatives.

abstract: Water utilities across the United States are facing numerous challenges, such as limited funding and increasing project complexity, in constructing and upgrading their aging infrastructure. One innovative method to overcome these challenges is through the use of alternative project delivery methods (APDM), such as construction management at-risk (CMAR) and design-build (DB). Previous research has shown that APDM have the potential to deliver higher performing water infrastructure projects when compared to the traditional design-bid-build (DBB) method. However, there is a need to further examine APDM practices and develop tools that may support utilities in the delivery of their APDM water infrastructure projects. This study fills the knowledge gap by conducting several studies that may support public and private utilities in improving the delivery of their APDM water infrastructure projects. First, APDM implementation practices for water infrastructure projects are identified by assessing the state of practice, particularly during project procurement and execution. Second, DB project administration best practices are determined to support utilities seeking to add DB to their organization’s project delivery toolbox. Third, a pioneering web-based project delivery method decision-support tool was developed to aid utilities in selecting the appropriate delivery method for their water project. Finally, project-specific factors and attributes that impact project delivery performance are investigated through exploratory modeling and analysis. The study collected data on 75 completed treatment plant projects, conducted interviews with ten utilities that successfully deliver their water projects using DB, and worked closely with several industry experts through industry workshops and panels. Key findings related to water infrastructure project delivery revealed in this study included: (1) guaranteed maximum price (GMP) is the preferred compensation type for APDM projects; (2) utilities statistically having the lowest comfort level with delivering CMAR projects; (3) qualifications-based procurement is an effective DB project delivery practice; (4) the identification of 13 key project delivery method selection factors; and (5) the three highest predictors that impact unit cost performance are project complexity, project team chemistry and communication, and project size. / Dissertation/Thesis / Doctoral Dissertation Civil, Environmental and Sustainable Engineering 2020

A Resolução 3.380 do Banco Central do Brasil, de 29 de junho de 2006, determina que, até o final de 2007, todas as instituições autorizadas a funcionar pela referida Autarquia deverão implementar estrutura de gerenciamento do risco operacional, representando mais um passo no processo de adesão do Brasil ao Novo Acordo de Capitais da Basiléia. Os objetivos desta dissertação são estudar o processo de estruturação de unidade de gestão de riscos operacionais e identificar referencial teórico que permita embasar a estruturação de unidades de gestão de risco operacional em bancos. De modo a atingir os objetivos propostos, foi realizado estudo de caso exploratório de um banco escolhido em função de sua representatividade no cenário nacional. Os resultados da pesquisa sugerem que o referencial teórico sobre estruturas organizacionais pode ser muito útil na estruturação de unidades de gestão de riscos operacionais em bancos, devido ao fato do arcabouço conceitual sobre unidades de gestão de riscos operacionais ainda ser muito incipiente. / The resolution 3380 of the Brazilian Central Bank, as of June 29th 2006, determines that, until the end of 2007, all authorized institutions must implement an operational risk management structure, representing another step in the brazilian compliance process to the New Basel Capital Accord. The objectives of this work are to study the structuring process of an operational risk management unit and to identify theoretical references to support this structuring process in banks. In order to achieve the considered objectives, a case study was conducted on a bank chosen in function to its relevance in the national scene. The results of the research suggest that the theoretical references on organizational structures can be very useful in structuring operational risk management units in banks, due to the fact that theoretical background on operational risk management units are still incipient.

The thesis is focused on the identification, quantification and assessment of risks in the supply of drinking water, the application of appropriate methods for specific public water supply, the environment and operation. WaterRisk method based on EN 31010 Risk Management - Techniques of risk assessment methods are chosen - analysis of possible defects and their consequences (FMEA), Pareto diagram and Ishikawa diagram. The aim of the thesis is analyze and assess the quality, environmental and safety risks to the public water supply system and use tools for their management and elimination. The results will be compared and evaluated the advantages and disadvantages of each analysis.

The aim of the diploma thesis is to provide a complex analysis of risk management in engineering company EST Stage Technology a.s. In the first part of the thesis, the research study focused on the risk management from the economic and technical point of view was conducted. The next chapter deals with case study including the description of mentioned company, considering the history, business sector and selected economic indicators. In this part, PESTLE and SWOT analysis is also performed. Further part provides the analysis of profitability, liquidity, activity and debt indicators. The following chapter describes the process of industrial contract solution. The last part of the diploma thesis deals with the failure mode, effects and criticality analysis (FMECA). The detailed analysis of failures, which can arise in various phases of contract solution, is provided. The causes and consequences of that failures are also mentioned, while the measures lowering the risk of particular failure to acceptable level are suggested.

When measuring market risk, credit institutions and Alternative Investment Fund Managers may deviate from equally weighting historical data in their Value-at-Risk calculation and instead use an exponential time series weighting. The use of expo-nential weighting in the Value-at-Risk calculation is very popular because it takes into account changes in market volatility (immediately) and can therefore quickly adapt to VaR. In less volatile market phases, this leads to a reduction in VaR and thus to lower own funds requirements for credit institutions. However, in the ex-ponential weighting a high volatility in the past is quickly forgotten and the VaR can be underestimated when using exponential weighting and the VaR may be un-derestimated. To prevent this, credit institutions or Alternative Investment Fund Managers are not completely free to choose a weighting (decay) factor. This article describes the legal requirements and deals with the calculation of the permissible weighting factor. As an example we use the exchange rate between Euro and Polish zloty to estimate the Value-at-Risk. We show the calculation of the weighting factor with two different approaches. This article also discusses exceptions to the general legal requirements.