Emergent Risk Initiative @ ODU

Pinto & Garvey book out soon!

Ariel Pinto (ODU) and Paul Garvey (MITRE) will have their book titled Advanced Risk Analysis in Engineering Enterprise Systems on the shelves in 2012.

For details of this book and other related books, please click here.

Michael McShane at the NYT

Our very own Michael McShane (ODU) was recently quoted in the New York Times.

Insurance Rate Forecast: Cloudy, Chance of Rises By KEN BELSON Published online: December 24, 2010

- posted 1/28/2011

Article in Disaster Recovery Journal

Ariel Pinto and Terri Kirchner (ODU) published an article in Disaster Recovery Journal on Innovative Enterprise Risk Management Tools

read it online here

- posted 2/4/2011

Upcoming events of interest

- November 9, 2010 Modeling & Simulation: Opportunities for Analyzing Emergent Risks

- November 2011 4th Annual Conference on Next Generation Infrastructure (more info soon)

- October 2012 International Annual Conference of the American Society for Engineering Management (more info soon)

ERI members give back to the community

ERI help sponsor and some members even run (yes, really run) in a celebration of family fitness to benefit the students of Larchmont Elementary School, Norfolk, VA. To see more, click here.

Some of the kids after the run

Our own Michael McShane after the run

[posted 10/10/10]

Congratulations, Dr. Bozkurt

ERI member Dr. Ipek Bozkurt (ODU EMSE PhD '09) is now Assistant Professor at the Engineering Management Program at the University of Houston Clear Lake. Congratulations!!

[posted 8/7/10]

ERM workshop a success

Michael McShane, Rani Kady, and others have successfully conducted a workshop on Enterprise Risk Management (ERM) at Old Dominion University with more than forty participants. The event was capped by a tour of the facilities at the Virginia Modeling Analysis and Simulation Center (VMASC) and demonstrations of their state-of-the-art projects.

View archived sessions here.

[posted May 20 2010]

What is the value of human life?

Ra'ed Jaradat (left) and Rani Kady (right) lead a colloquium on the valuation of human life. Watch archived video in the Colloquia page.

[updated 02 April 2010]

ERI grant proposal funded

ERI researchers Ariel Pinto and Rani Kady obtained funding to organize and hold a symposium and workshop on how Simulation and Modeling can be applied to managing Emergent Risk. More details will follow soon. [posted 01 March 2010]

Paul Garvey's Colloquium

Paul Garvey (PhD '09), Chief Scientist at Mitre, visited ODU to introduce Functional Dependency Network Analysis (FDNA). Abstract

[updated 03 March 2010]

ODU featured ERI research

ODU PhD student and ERI contributor Yaw Mensah (pictured), and his research on Emergent Risk in Ghana's salt industry were featured in an ODU article.

"...he has found a way to use the skills he has learned in BCET's Department of Engineering Management and Systems Engineering (EMSE) to study the salt industry in Ghana from a system-of-systems engineering (SOSE) and risk management perspective..." full featured article

[posted 12 Feb 2010]

New Journal Publication

Ipek Bozkurt (pictured) and Ariel Pinto, researchers from ODU's Engineering Management and Systems Engineering (EMSE) were recently featured for publishing an article at the Journal of Homeland Security and Emergency Management that takes a unique vernacular to the problem of flu pandemic.

...featured article

...journal abstract

[posted 1/18/10]

Home

Did you miss this? You can now watch the archived video.

Click here for archived video

Fall 2011 Updates

ERI@ODU in Risk Management magazine, September 2011 issue, pps 24-30. After appearing in the newsletter of the premier academic association for risk management (The American Risk Management and Insurance Association—ARIA), the Emergent Risk Initiative at Old Dominion University (ERI@ODU) is described in the top magazine of risk management practitioners.

The Next Generation by Emily Holbrook

Summer 2011 Updates

ERI featured in ARIA Newsletter – American Risk and Insurance Association (ARIA) is the top academic association in finance and insurance area of risk management and sponsors the top-notched Journal of Risk and Insurance. | ERI article | Entire ARIA Newsletter |

Risk paper published in JHSEM – Michael McShane, Ariel Pinto, and Abhishek Pathak (ODU) recently published a paper titled Delayed-Bang Approach Towards More Sustainable Critical Infrastructure Risk Management in the Journal of Homeland Security and Emergency Management | article |

Risk paper forthcoming in JAAF - Michael McShane, Anil Nair, and Elzotbek Rustambekov (ODU) have a forthcoming article titled Does Enterprise Risk Management Increase Firm Value? in the Journal of Accounting, Auditing, and Finance | abstract |

ERI Presents Idea Fusion in Action – ERI recently hosted several presentations in Enterprise Risk Management (McShane), Role of Strategic Risk Management in ERM (Nair), Engineering Management and ERM (Pinto), Outsourcing Risk (Jimmy Gandhi), and Risk and Business Continuity (Theresa Kirchner)

ERI & Sea Level Rise - together with others at ODU, ERI is playing a role in tackling the risks of sea level rise, as recently featured in the Monarch Magazine (Spring 2011, page 29) | link |

Gone are the days when stove-piped management of risk is sufficient. Recent events all over the globe have shown the need for a systems-of-systems and enterprise-systems approach in dealing with modern-day emerging risks.

The Emergent Risk Initiative (ERI), based at Old Dominion University, envisions the creation of the next generation body of knowledge in risk management for current and future systems and organizations characterized by uncertainty, emergence, complexity, and interdependence.

Mission: To prepare future researchers, educators, practitioners, and entrepreneurs to the challenges of managing risks in the ever-changing global environment

Objectives:

Research - To bridge the bodies of knowledge in engineering, business, public policy, and other disciplines towards managing emerging risks
Educations - To provide the highest quality learning and training contents in managing emerging risks
Outreach - To develop next generation tools and techniques for today’s risk managers

Strategy: ERI's strategy in accomplishing its objectives is to provide opportunities and leverage Team member’s capabilities towards synergistic collaboration. .

ERI dips into Sea Level Rise

ERI and the newly established ODU Climate Change and Sea Level Rise Initiative joined forces to look into the risk brought by climate change. A colloquium series titled Demystifying Risk of Climate Change and Sea Level Rise will serve as a venue for individuals from various perspectives to come together and discuss their view on this emerging risk. The first of these colloquia will be held on March 17 and will be facilitated by Ariel Pinto (ODU). On how to participate, see event flyer

Q: Why so many at ODU are interested in climate change ans sea level rise (CCSLR)?

A: Because ODU is in Norfolk, Virginia. Watch video about Norfolk and CCSLR

ERI at ASEM 2010

Several papers by ERI researchers were presented at the 2010 Annual Conference of the American Society for Engineering Management. These include

Risk and system-of-systems: toward a unified concept (McShane, et al.)

Goal approach to risk scenario identification in systems development (Pinto, et al.)

Project and risk management: a systematic approach (Alali, et al.)

An evaluation of risk management courses offered in engineering management programs across the United States (Gandhi, et al.)

Towards a better understanding of procurement risks (Gandhi, et al.)

Development of a framework to evaluate human risk towards sustainable risk management (Jaradat, et al.)

[11/02/2010]

This site is maintained by ariel pinto at cpinto@odu.edu. Last updated 5 Nov 2010.