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Sort articles by: Volume | Date | Most Rates | Most Views | Reviews | Alphabet
1.

The impact of sustainable supply chain management practices on environmental performance of Viet-namese agricultural enterprises Pages 71-80 Right click to download the paper Download PDF

Authors: Thi Hien Pham, Tuan Anh Luong, Thi Hai An Pham, Nguyen Khanh Uyen Huynh

DOI: 10.5267/j.msl.2024.5.003

Keywords: Green Retrofitting, Procurement, Permitting, Risk Assessment, Model Relationship, Monte Carlo Simulation, Schedule Permormance

Abstract:
The objective of the paper is to assess the impact of sustainable supply chain management practices on environmental performance of Vietnamese agricultural enterprises. The study conducted a survey of management leaders of Vietnamese agricultural enterprises. After 3 months, 328 surveys were obtained, after cleaning the data, there were 283 valid surveys for analysis. The results show that sustainable supply chain management practice has a positive impact on environmental performance and environmental regulations are not enough grounds to affirm a moderating role in the relationship between sustainable supply chain management practice and environmental performance of Vietnamese agricultural enterprises. From there, the study makes recommendations for Vietnamese agricultural enterprises.
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Journal: MSL | Year: 2025 | Volume: 15 | Issue: 2 | Views: 1159 | Reviews: 0

 
2.

Risk assessment of the procurement and permitting (pre-construction) process for green retrofitting in high-rise buildings in Jakarta: A risk model-based approach Pages 81-96 Right click to download the paper Download PDF

Authors: Benedict Mario Gilbert Fernandes Sihaloho, Yusuf Latief, Bernadette Detty Kussumardianadewi

DOI: 10.5267/j.msl.2024.5.002

Keywords: Green Retrofitting, Procurement, Permitting, Risk Assessment, Model Relationship, Monte Carlo Simulation, Schedule Permormance

Abstract:
The importance of green building concepts is emphasized in the current era due to the drastic decline in global climate conditions. However, their development is hindered as they are primarily applied to new buildings, while almost two-thirds of the world's buildings are already constructed. This study aims to improve the efficiency of Green Retrofitting, accelerating the growth of green buildings in Indonesia. It identifies the procurement and permitting processes for Green Retrofitting in high-rise office buildings in Jakarta, along with high-risk activities from these processes. Additionally, it develops a model of the relationship between these high-risk activities and the implementation efficiency of green retrofitting, using a Monte Carlo approach based on the Regulation of the Minister of Public Works and Housing No. 21 of 2021 and the Green Building Council Indonesia. The analysis uses data from 26 expert respondents on green retrofitting procurement and permitting, finding 83 activities with 214 risk indicators influencing green retrofitting efficiency, including 57 high risks. Identifying the most risky activities, the study develops a relationship model and conducts simulation and optimization to improve project time efficiency, ultimately accelerating the growth of green buildings in Indonesia.
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Journal: MSL | Year: 2025 | Volume: 15 | Issue: 2 | Views: 912 | Reviews: 0

 
3.

Influential factors of cybersecurity investment: A quantitative SEM analysis Pages 31-44 Right click to download the paper Download PDF

Authors: Phasikha Rattanapong, Smitti Darakorn Na Ayuthaya

DOI: 10.5267/j.msl.2024.3.005

Keywords: Cybersecurity Investment, Resilience, Structural Equation Modeling (SEM), Risk Assessment, Organizational Resilience

Abstract:
In the dynamic landscape of digital enterprises, cybersecurity has emerged as a critical determinant of organizational effectiveness. This study delves into the intricate realm of cybersecurity investment within ASEAN organizations, exploring the key facets that drive decision-making in this domain. Using a quantitative approach through structural equation modeling (SEM), we conducted an in-depth analysis based on a sample of 419 enterprises meeting cybersecurity criteria. Our findings reveal that cybersecurity strategy, financial considerations, and institutional and regulatory conditions are the primary factors influencing cybersecurity investments in the ASEAN region. In particular, financial resources emerged as the most critical determinant, underscoring the importance of adequate funding to address evolving cyber threats. Furthermore, our study highlights the crucial role of institutional and regulatory frameworks in shaping investment behavior, indicating a heightened awareness among firms regarding compliance with legal requirements. By unpacking these dynamics, our research provides deep insights into the intricate interplay of factors shaping cybersecurity investments in ASEAN organizations. This study contributes to the discourse by emphasizing the imperative nature of understanding the impact of risk aversion, organizational structures, and long-term practices on cybersecurity resilience. The implications of our findings extend to policy making, innovation, and future research directions in the cybersecurity domain, offering valuable insights to improve cybersecurity preparedness and resilience against evolving cyber threats.
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Journal: MSL | Year: 2025 | Volume: 15 | Issue: 1 | Views: 1242 | Reviews: 0

 
4.

Risk assessment, implementation of occupational health, safety and hygiene in small and medium manufacturing enterprises: A case study in central Vietnam Pages 739-748 Right click to download the paper Download PDF

Authors: Gia-Kien Vu, Tuan-Anh Le, Toan-Pham Ngoc, Tram-Huyen Thi Nguyen, Minh-Quan Ha-Nguyen

DOI: 10.5267/j.dsl.2023.7.002

Keywords: Risk assessment, Occupational health, Safety and hygiene in labor, SMES, Vietnam

Abstract:
This study aims to identify and evaluate the influence of the factors affecting the implementation of occupational health and safety of employees and employers and its impact on occupational health and safety and legalize risk assessment in small and medium-sized manufacturing enterprises in central Vietnam through the survey among 246 business representatives and data processing through the software SPSS 20 and AMOS 20. The results show that there are 3 factors affecting the implementation of occupational health, safety and hygiene. In order: (1) Safety regulations and instructions; (2) Occupational health, safety policy and (3) Occupational health and safety training. There is no relationship between the impacts on the implementation of occupational health and safety of the employer. In addition, a very interesting finding about the relationship of factors implementing occupational health and safety of employers was a positive influence on the legalization of risk assessment activities. On the basis of these results, employees, business owners and state management agencies will have grounds to offer useful solutions in risk assessment in order to better perform safety work and occupational health.
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Journal: DSL | Year: 2023 | Volume: 12 | Issue: 4 | Views: 1264 | Reviews: 0

 
5.

Assessment of risk propagation during different stages of new product development process Pages 165-176 Right click to download the paper Download PDF

Authors: Nikesh Kumar, Venkata Allada

DOI: 10.5267/j.msl.2022.2.003

Keywords: Risk Assessment, Risk Factors, Markov Process, Quality Function Deployment, New Product Design

Abstract:
New Product Development Process (NPD) is a key aspect of launching new and innovative products in the market. Many products fail in the market because of technical risks, financial risks and product development time risks. It is very important to understand the overall risk factors associated with different stages of product development so that risks can be mitigated effectively. This paper presents a methodology to understand the risk associated with the initial stages of NPD. Design flexibility is higher in initial design stages requiring minimum redesign efforts and costs. It is a great opportunity to deal with risk factors and uncertainties in initial design stages than the later design stages. Product development costs in initial stages are around 5 to 10 percent but impact is 70 to 80 percent so exploration assessment in initial stages of NPD can be hugely beneficial. Stage-wise risk assessment will also provide the details of risk associated with each stage, which will be helpful in implementing appropriate mitigation strategies. Since transition from one stage to another stage of NPD is independent of the previous stage, different NPD stages can be easily expressed by the transition state of the Markov process. In this paper, the Markov process has been used for the risk assessment of initial stages of NPD, keeping mitigation strategies in mind. The three initial stages of NPD considered in this study include the concept design, detailed design and integration & testing stages. This paper also explores a method by integration of quality function deployment (QFD) and Markov process, to understand risk patterns associated with several complete design solutions (CFDs). By using QFD, the mapping between customer requirements can be reflected into risk assessment of complete design solutions (CFDs). This methodology has been demonstrated by a case study on Coffee Maker.
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Journal: MSL | Year: 2022 | Volume: 12 | Issue: 3 | Views: 1266 | Reviews: 0

 
6.

Analysing the decision making for agricultural risk assessment: An application of extreme value theory Pages 351-360 Right click to download the paper Download PDF

Authors: Riaman Riaman, Sukono Sukono, Sudradjat Supian, Noriszura Ismail

DOI: 10.5267/j.dsl.2021.2.003

Keywords: Agricultural Insurance, Risk Assessment, Climate Variables, Extreme Value Theory

Abstract:
As the most contributed sectors in agriculture, rice farming is facing various risks, namely uncertainty such as crop failure caused by climate change, including air temperature, weather, rainfall and others. Indonesia is categorised as an agricultural country with a tropical climate. By this season, the farmers can plant the rice. Rice farming is currently an inseparable part of most agricultural societies in Indonesia, especially in West Java. However, changes in air temperature, weather and annual rainfall, can increase the uncertainty and upward the risk of crop failure. Thus, the current study seeks to investigate the decision making for agricultural risk assessment (climate variable) through the formulation of a risk model for agricultural insurance in Indonesia. This study utilised the climate variables, which consist of air temperature, wind speed, maximum and minimum temperatures, and rainfall. For determining the magnitude of risk, we applied the Block Maxima method and Peak Over Threshold. The results of this study found that the highest risk of losses occurred in November, December, January, February and March with a value of 0.17485.
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Journal: DSL | Year: 2021 | Volume: 10 | Issue: 3 | Views: 1516 | Reviews: 0

 
7.

Project risk assessment: A holistic risk identification, analysis and evaluation approach, The case of EPC projects Pages 283-300 Right click to download the paper Download PDF

Authors: Mohammad Senisel Bachari, Mahdi Iranfar

DOI: 10.5267/j.jpm.2025.2.001

Keywords: Project risk management, Risk assessment, Risk evaluation framework, MCDM, EPC project

Abstract:
This study presents a comprehensive framework for Project Risk Management (PRM), tailored specifically for Engineering, Procurement, and Construction (EPC) projects. Addressing gaps in traditional risk assessment methodologies, the proposed approach integrates advanced techniques for risk identification, analysis, and evaluation based on risk characteristics. A three-stage framework is proposed utilizing the Delphi method for risk identification and contextualization of risks, the risk analysis stage employs the Fuzzy Level-Based Weight Assessment (F-LBWA) method to achieve fuzzy weights for risk characteristics which the risks will be evaluated by. The final evaluation stage uses the Fuzzy Combined Compromise Solution (F-CoCoSo) method to rank risks, categorizing them as threats, opportunities, or hybrids. A case study of an EPC project demonstrates the framework’s practical application, highlighting construction-phase risks as the most critical threats (negative risks) while also emphasizing opportunities (positive risks) which can be exploited. By incorporating fuzzy logic and innovative Multi-Criteria Decision-Making (MCDM) methods, the framework provides a flexible and robust tool for modern PRM.

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Journal: JPM | Year: 2025 | Volume: 10 | Issue: 2 | Views: 1824 | Reviews: 0

 
8.

Risk assessment for sustainability on telecom supply chain: A hybrid fuzzy approach Pages 559-576 Right click to download the paper Download PDF

Authors: Venkateswarlu Nalluri, Long-Sheng Chen

DOI: 10.5267/j.uscm.2021.11.007

Keywords: Sustainability risk, Risk assessment, Mixed- fuzzy approach, Sustainability supply chain management (SSCM), Telecom supply chain (TSC)

Abstract:
Telecom supply chain (TSC) research has determined several risk sources can happen for sustainable supply chain management (SSCM) due to their ambiguous nature. However, investigation of these risks is relatively sparse and has primarily been independent with less combinatory research, despite their interrelationships and causality. The present study aims to address that gap by an extant literature review and analysis of relationships among risk factors using a combination of fuzzy approaches. A mixed approach was used, including empirical data from private and government firms in a developing telecom sector. This research finding confirmed that economical dimension risk is major for SSCM in the TSC. In developing countries, it could help telecom service providers in determining which risk factors are critical and those that are crucially significant. As a result, they will be able to more effectively develop strategies focussing on the most affecting risk dimension for SSCM. This is the first study using a hybrid fuzzy approach that analysed interrelationships of risk factors for SSCM. Further, it gives a comprehensive view of risk assessment in the risk management context in the supply chain.
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Journal: USCM | Year: 2022 | Volume: 10 | Issue: 2 | Views: 2021 | Reviews: 0

 
9.

Risk management in defense program: Evidence from Ukrainian arm forces Pages 1071-1082 Right click to download the paper Download PDF

Authors: Anatolii A. Loishyn, Ivan M. Tkach, Oleh I. Uhrynovych, Dmitry A. Okipniak, Maryna V. Potetiuieva

DOI: 10.5267/j.msl.2019.3.017

Keywords: Internal control, Risk management, Risk assessment, Identification of threats

Abstract:
The research paper may be of interest to the representatives of the audit service, internal control par-ticipants, managers of all levels within the system of the Ministry of Defense of Ukraine and the Armed Forces of Ukraine, and other interested parties directly involved in the implementation of internal control, which is oriented towards risk management. The timely detection and identification of threats and risks depends on the efficiency and timeliness of exercising functions assigned by the subject of internal control and acquiring the necessary capabilities for the accomplishment of assignments. The research paper formulates the scientific task of determining the necessary competencies of the members of the risk assessment group to the subject of internal control. In accordance with the Interim Procedure for the Organization of Internal Control in the Ministry of Defense of Ukraine and the Armed Forces of Ukraine, risk assessment groups are established, which require the inclusion of officials with the highest level of competence in the relevant field. At the same time, there was an urgent need during the formation of these groups for a scientific substantiation of the list of necessary competencies, whose carriers could effectively fulfil their assigned tasks in identifying risks in relevant processes. A partial analysis of the governing documents regulating the or-ganization and functioning of internal audit and internal control systems in the defense department is conducted in the course of the study. Based on foreign experience, functional responsibilities and guidance documents, 90 competencies were distinguished distributed according to the relevant blocks. The research paper uses the expert evaluation method to determine the key competences of members of the risk assessment group. The method of the mean scores, the median method, the determination of the coefficient of concordance and the Pearson’s fitting criterion were used for the analysis of the results of the expert evaluation. The research paper determines a number of priority competencies of the members of the risk assessment working group and elaborates appropriate con-clusions for further research.
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Journal: MSL | Year: 2019 | Volume: 9 | Issue: 7 | Views: 1791 | Reviews: 0

 
10.

Performance measurement: Key performance indicators as drivers in assessing risk and improving value in the services sector Pages 403-420 Right click to download the paper Download PDF

Authors: Mohammad Salameh Almasarweh, Hanadi lbrahim AlHassan, Sohail Mohamad Bani Mustafa, Abd Al-Salam Ahmad Al-Hamad, Maher Nawasra, Ahmad Y. A. Bani Ahmad, Lama Ahmad Alsmadi

DOI: 10.5267/j.jpm.2024.7.006

Keywords: Key Performance Indicators, Risk Assessment, Value Improvement, Implementation and monitoring, Continuous improvement

Abstract:
The research investigated the relationship among Key Performance Indicators (KPIs), risk assessment capabilities and value creation in service sector firms. The study also sought to examine the effect of KPI`s components on risk assessment & value capitalisation, and how they either facilitate or hinder implementation, monitoring and continuous improvement processes. In this context, a quantitative cross-sectional research design was applied using an online survey of shared middle and senior managers in service organizations. After filtering, the final version of segmented sample included a total of 215 respondents engaged in different service businesses. The analysis was determined using Partial Least Squares Structural Equation Modeling. The results showed that all components of KPIs have significant positive relationships with risk assessment and value improvement outcomes First, performance drivers were found to be the most significant predictor of both constructs. As such, the results show that both risk assessment and value improvement had a positive effect on implementation/monitoring processes which in turn enabled continuous improvements. Performance measurement, risk management and value creation in service organizations: A performance at-risk-based conceptual model. The results have numerous managerial, practical and policy implications for the service sector. This drives home the necessity of creating integrated KPI systems that include risk assessment and value improvement factors. In building on existing theory, the study is of substantial interest in that it provides empirical evidence for these organizational mechanisms related to service organizations. Resilient Organizations in the Service Sector picture of Resilience across Performance Management with KPIs, Risk Assessment and Value Creation strategies offering a comprehensive foundation for sustainable organizational success.
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Journal: JPM | Year: 2024 | Volume: 9 | Issue: 4 | Views: 754 | Reviews: 0

 
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