Reference no: EM132664455

49006 Risk Management in Engineering - University of Technology Sydney

Assessment Task - Case Study Risk Assessment

Objectives: Assess, evaluate, prioritise, and treat risks in engineering projects and systems lifecycle

Topics:

• Domino effects: Domino effects are referred to a chain of accidents in which a primary accident starting in a unit spreads to adjacent units, causing secondary accidents the total consequence of which could be much more severe than the primary event.
• Natechs: Natechs are referred to technological accidents such as release of hazardous materials, fires or explosions in industrial plants which are triggered by natural disasters like earthquakes, floods, and hurricanes. Compared to normal technological accidents, which are a matter of random failures or human error, natechs usually give rise to more catastrophic consequences since the likelihood of simultaneous damage to hazardous units and domino effects is much higher.
• Land use planning: Land use planning (LUP) as an effective and crucial safety measure has widely been employed by safety experts and decision makers to mitigate off-site risks posed by major accidents. Accordingly, the concept of LUP in industrial plants has traditionally been considered from two perspectives: (i) land developments around existing industrial plants considering potential off-site risks posed by major accidents and (ii) development of existing industrial plants considering nearby land developments and the level of additional off-site risks the land developments would be exposed to.
• Human error: Humans play an important role during the design, installation, production, and maintenance phases of a product or system. Human error may be defined as the failure to perform a specified task (or the performance of a forbidden action) that could lead to disruption of scheduled operations or result in damage to property and equipment.
• Security: This area involves estimating access and harm caused due to war, terrorism, riot, crime (vandalism, theft, etc.), and misappropriation of information (national security information, intellectual property, etc.).
• Environmental damages: This field involves estimating losses due to noise, contamination, and pollution in the ecosystem (water, land, air, and atmosphere) and in space (space debris).

Introduction:
To have a thorough understanding of what constitutes engineering risk management and how theories, concepts, methods, etc. can be employed in industrial practice, this assignment provides the opportunity for students to put their knowledge into practice by implementing the quantitative risk analysis and risk-based decision making methods in a case study investigated in assessment 1. As it is vital for students to be able to communicate and present their results in their disciplines, the IEEE template which is used by many engineering journals and conferences is adopted for the sake of presentation.

Instructions:

1. By now, you have selected your topic and case studies.

2. Research your topic by reading and analysing at least 10 recent journal papers.

3. Study Canvas, Module 6 before starting to write your paper.

4. Decide a good title for your paper considering your topic and case study. Title should accurately reflect the paper main idea and its content.

5. Write a 200-words abstract including motivation for the study, objective(s), methods, and results and interpretation.

6. Write a good introduction including contextualization, topic importance, case study introduction, paper objective(s), problem-solving approach, and finally the paper structure.

7. Review the literature including problem background and related works, more recent references would be better. The main keyword definitions should be presented here. You may have some sub- sections to organize this section very well.

8. Develop a research methodology to assess and reduce risks. You need to incorporate at least two techniques in the research methodology from the literature. Do not limit yourselves to the subject materials. The methodology should be logical and robust to support the discussion.

9. Implement the research methodology in the case study step by step and present the results. Analyse the results and highlight major findings. Tables and figures should be represented in high quality with adequate explanation.

10. Discuss the results and do a sensitivity analysis to make sure the results are reliable. Propose some risk reduction strategies and show unacceptable risks are managed. Limitations of the work must be listed as well.

11. Write a conclusion of what have been done for what purpose, what are the findings, and propose some future research directions.

12. All content must be written without grammatical errors in IEEE template (available on Canvas) and must be fully referenced. Include references at the end of paper consistently aligned with IEEE style.

13. Therefore, the paper follows below structure:
• Title
• Abstract
• Introduction
• Theoretical background (literature review)
• Research methodology
• Implementation and results (case study)
• Discussion
• Conclusion and future works
• References

Attachment:- Case Study Risk Assessment.rar