Risk Analysis and Management: An Introduction

Misra, Krishna B.

doi:10.1007/978-1-84800-131-2_41

Cited by 7 publications

(5 citation statements)

References 47 publications

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“…Risk is defined as the possibility of a hazardous event occurring that will have an impact on the achievement of objectives. Risk is measured in terms of consequence (or impact) and likelihood of the event [7]. Qualitatively, risk is considered proportional to the expected losses which can be caused by an event and to the probability of this event.…”

Section: Risk Managementmentioning

confidence: 99%

A Risk Assessment Framework for Cloud Computing

Djemame

Armstrong

Guitart

et al. 2016

IEEE Trans. Cloud Comput.

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Abstract-Cloud service providers offer access to their resources through formal Service Level Agreements (SLA), and need wellbalanced infrastructures so that they can maximise the Quality of Service (QoS) they offer and minimise the number of SLA violations. This paper focuses on a specific aspect of risk assesment as applied in cloud computing: methods within a framework that can be used by cloud service providers and service consumers to assess risk during service deployment and operation. It describes the various stages in the service lifecycle wheres risk assessment takes place, and the corresponding risk models that have been designed and implemented. The impact of risk on architectural components, with special emphasis on holistic management support at service operation, is also described. The risk assessor is shown to be effective through the experimental evaluation of the implementation, and is already integrated in a cloud computing toolkit.

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Section: Risk Managementmentioning

confidence: 99%

A Risk Assessment Framework for Cloud Computing

Djemame

Armstrong

Guitart

et al. 2016

IEEE Trans. Cloud Comput.

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“…These mitigation measures are part of risk management, defined as an activity that integrates the recognition of risk, risk assessment, development of strategies to manage it, and risk mitigation using managerial resources. The strategies include transferring the risk to others, avoiding the risk, reducing its negative effect, and accepting the consequences of the risk [119].…”

Section: Risks Analysis and Mitigationmentioning

confidence: 99%

Examining the Socio-Economic and Natural Resource Risks of Food Estate Development on Peatlands: A Strategy for Economic Recovery and Natural Resource Sustainability

Yeny¹,

Garsetiasih²,

Suharti³

et al. 2022

Sustainability

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Given the huge impact of the COVID-19 pandemic on the food and agriculture sectors, rapid measures are needed to reduce the risk of food crises, especially among the poor and the most vulnerable communities. The government of Indonesia planned to establish the Food Estate National Program to ensure food security. Most of the area will be on peatlands, and as such, the program still faces pros and cons as it might open up opportunities for deforestation, threats to biodiversity, and loss of community livelihoods. We conducted the present research in Central Kalimantan to formulate a food estate (FE) development strategy by taking into account the potential benefits and risks to ensure increases in the local community’s welfare and the sustainability of biodiversity. Data were collected through field surveys, interviews, focus group discussion (FGD), and literature studies. The results show that the operation of a food estate on degraded peatlands has a moderate to high level of risk of negative impacts. Community activities and changes in farming methods through using more inputs and mechanical equipment are the most risky activities in FE development. The low substitutability of peatlands requires mitigation efforts as part of risk management. The operation of food systems on peatlands must be based on a strong sustainability perspective with a main principle of complementary resources. The main strategy is to protect natural resources and replace cultivated exotic plants with potential native peat plants with minimal risk. In addition, the policy and capacity building of farmers towards a business-oriented direction will maximize socioeconomic benefits. Utilization of biodiversity and low-impact cultivation techniques can ensure sustainability.

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“…The AssessGrid dealer goes about as a relational arranged between end-clients and suppliers, outfitting a risk improved task of requests to SLA sites (Trivedi, 2001) by assessing the supplier unwavering quality regarding methodical mistakes. The risk evaluation shows the result of overestimate/disparage the danger of failure when the supplier blunders any precise mistakes (Misra, 2008).…”

Section: Related Workmentioning

confidence: 99%

Risk-based availability modelling and reputation management on fault tolerant cloud computing systems

Mani

Mahendran

2019

IJITST

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This paper exhibits a risk-based philosophy in cloud computing to estimate ideal quality and maintenance which maximise the high availability of cloud administration infrastructure. The procedure is confined into two stages: 1) accessibility displaying the cloud; 2) hazard based assessment. The projected procedure is practical to the healthcare scheme using Markov chain process. The proposed system predicts, mitigate and eliminate the risk-based inspection and Markov chain process to efficiently identify the repair and failures of each virtual machine and reduce the energy consumption rate. The result of our proposed method will definitely bound optimum solutions and specifies the conquest of an efficient risk-based availability modelling on minimal cost and energy consumption. Finally, the proposed model is verified by the Nagios and OPTIMIS toolkit. The result obtained in our proposed model definitely bounds optimum solutions and triumph of an efficient risk analysis of failures on minimal cost and energy consumption.

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Risk Analysis and Management: An Introduction

Cited by 7 publications

References 47 publications

A Risk Assessment Framework for Cloud Computing

A Risk Assessment Framework for Cloud Computing

Examining the Socio-Economic and Natural Resource Risks of Food Estate Development on Peatlands: A Strategy for Economic Recovery and Natural Resource Sustainability

Risk-based availability modelling and reputation management on fault tolerant cloud computing systems

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