Understanding Process Safety: The V, P, A Framework
Process Safety Fundamentals: Value, Protector, Threat (V, P, A)
All security contexts are composed of three basic components: Value (V), Protector (P), and Threat/Attacker (A). These components act according to the specific situation.
The Security Context Formula: S = f(V, P, A)
The security context (S) can be represented as a function of these components: S = f(V, P, A). In an open system context, we rely on external factors. Consider a hotel experiencing theft from safes. This prompts analysis of
Read MoreIndustrial Safety Essentials: Accidents, Injuries, and PPE
Industrial Safety Fundamentals
Industrial safety is a discipline encompassing technical, legal, human, and economic activities to ensure human welfare and protect the physical property of a company. It focuses on detecting and controlling risks that can cause accidents.
Accidents can be caused by the nature of work, environmental conditions, equipment, materials, and human behavior.
Understanding Accidents and Incidents
ACCIDENT: A sudden and violent event during work that can cause:
- Physical harm to
Software Development Models and Requirements Analysis
Model Outline
- Source (implementation and usability testing, development, design, analysis, feasibility study)
- Stages of SDLC: Project initialization, feasibility study, logical analysis and design, acquisition and operation, implementation development, evaluation, maintenance
Prototype
A sample of a simple system, a product that may or may not be disposable.
Rapid Application Development (RAD)
Reduces the software life cycle (faster development).
Object-Oriented Development (OOD)
Creates a representation
Read MoreActivity-Based Costing for Accurate Business Decisions
Costing Methods for Decision Making
Key Considerations:
- The challenge with traditional costing methods (Absorption and Direct) lies in distributing fixed costs to the product cost.
- Raw materials should always be allocated directly to the product or process.
- Regarding labor, its allocation depends on the company type. If the business is labor-intensive, it is typically allocated directly to the product or process.
- Furthermore, these traditional methods often function merely as accounting procedures, disconnected
Environmental Impact Assessment and Self-Regulation
Evolution of Environmental Impact Assessment (EIA)
Preventive Purpose and Strategic Environmental Framework (EAE)
EIA: A Preventive Approach
EIA is preventive-oriented because:
- It assesses the potential environmental impacts of a proposed project before execution. It’s designed to inform decision-making and mitigate or eliminate potential environmental changes.
- It’s a legal-administrative procedure that begins with the developer’s summary report, followed by consultations with individuals and institutions,
Understanding Business Assets and Financial Statements
Accounting Treatment of Information
Economic accounting studies business assets, standards, and scientific fundamentals. It is based on the records of the economic information of the company.
This is done statically, by observing heritage at one time, and dynamically, as variations occur over time.
Accounting provides information so the company’s management can make more informed decisions.
The company’s goal is to provide economic information to different levels and types of users within the company
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