This paper examines the feasibility of three scenarios for reducing the unreliability inherent in traditional and clean energy creation. One scenario uses pumped hydro to store non-peak energy from solar or wind plants. Another scenario investigates the use of pumped hydro for storing non-peak...

This paper analyzes 21 years of data related to unintentional hazardous materials (hazmat) releases on air, marine, and rail transportation modes reported in the United States (U.S.) -- although their origins and destinations may be outside the U.S. The authors' analysis reveals thousands of...

The literature reports that 73% of enterprise projects fail due to insufficient risk estimation and management. This study focuses on developing a model to estimate the risk in enterprise software development projects. The traditional practice of measuring the risk in enterprise projects uses...

This study analyzes Pfizer Pharmaceuticals, one of the leading pharmaceutical companies in the global market. A strategic analysis is presented in order to understand the liquidity, asset utilization, profitability, stability and debt management, and investor ratios of Pfizer. In this study, the...

For organizations, risk is a key concept when dealing with business process. Integrating risks aspects during business process management starts with an accurate consideration of risk's characteristics in the modelling phase. Most research is needed on integrating risk and business process...

The paper provides analysis of the various mechanisms through which the segmentation improves reliability and reduces technical risk and presents a classification of risk-reduction techniques based on segmentation. On the basis of theoretical arguments and examples, it is demonstrated that...

Companies face a great challenge of balancing both risk and return on par. In today's volatile economic environment, success depends on strategically managing risks. All organisations accept risk in every decision that they take and risk management is therefore it is strategic when done...

The paper introduces the method of separation for improving reliability and reducing technical risk and provides insight into the various mechanisms through which the method of separation attains this goal. A comprehensive classification of techniques for improving reliability and reducing risk,...

The authors develop an empirical study based on Event System Theory (Morgeson, Mitchell & Liu, 2015), which allows a clearer consideration of specific nature of each exogenous shock and crisis, such as its criticality and geographical proximity. More importantly, they highlight the importance of...

Small businesses (SB's) with less than 50 employees contribute significantly to the gross national product of transition economy countries in European Union (EU) nations where they account for 99% of all businesses. The EU is recognized as a strong effective fluid international trade system of...