The construction of gas plants often experiences delays caused by various factors, which can lead to significant financial and operational losses. This research aims to develop an accurate risk model to improve the schedule performance of gas plant projects. The model uses Quantitative Risk Analysis (QRA) and Monte Carlo simulation methods to identify and measure the risks that most significantly impact project schedule performance. A comprehensive literature review was conducted to identify the risk variables that may cause delays. The risk model, pre-simulation modeling, result analysis, and expert validation were all developed using a Focused Group Discussion (FGD). Primavera Risk Analysis (PRA) software was used to perform Monte Carlo simulations. The simulation output provides information on probability distribution, histograms, descriptive statistics, sensitivity analysis, and graphical results that aid in better understanding and decision-making regarding project risks. The research results show that the simulated project completion timeline after mitigation suggested an acceleration of 61–65 days compared to the findings of the baseline simulation. This demonstrates that activity-based mitigation has a major influence on improving schedule performance. This research makes a significant contribution to addressing project delay issues by introducing an innovative and effective risk model. The model empowers project teams to proactively identify, measure, and mitigate risks, thereby improving project schedule performance and delivering more successful projects.
This study aimed to examine the impact of Environmental, Social, and Corporate Governance (ESG) scores and Country Governance Indicators (CGI) on companies’ value. The study procedures were carried out by creating a linear empirical model where the dependent variable was companies’ value. In addition, the variables of interest in the model were ESG scores and CGI. Analysis was carried out on annual data from 278 non-financial Asian companies spanning 11 years from 2011–2021. The feasible generalized least squares (FGLS) method was used for estimation due to the presence of serial correlation and heteroscedasticity in the data obtained. The results showed the presence of a positive relationship and correlation between ESG scores and companies’ value. Meanwhile, CGI had a negative impact, revealing the potential difficulties caused by country governance framework. This study also found a positive correlation between CGI and ESG on company value. These findings have important practical contributions emphasizing the significance of ESG factors in improving companies’ value and the complex relationship between country governance and corporate valuation.
This paper delves into the intricate dynamics of suburban transportation transformation within the Jakarta Metropolitan Area, with a specific focus on the evolution of the Commuter Line and Bus Rapid Transit (BRT) systems. Utilizing spatial analysis, qualitative descriptions, and stakeholder insights, the paper unveils self-organizing dynamics. It critically examines the role of transportation infrastructure in shaping the broader landscape of urban development. Unlike a traditional approach, the paper seeks to unravel the self-organization processes embedded in transportation planning, unveiling adaptive strategies crafted to tackle the distinct challenges of suburban transportation. By using autonomy, flexibility, adaptability, and collaboration frameworks, the paper contributes to a nuanced understanding of suburban transportation dynamics, with implications for policymakers, planners, and researchers grappling with similar challenges in diverse metropolitan regions.
Heat transfer enhancement (HTE) is a topic of everlasting importance in thermal engineering research. The latest focuses in this field are on nanosolutions for more efficient thermal transmission fluids (a) and designs of metallic foams (b) Metallic foams provide extended surfaces for HTE and possess advantages such as a high value of Cp, high thermal conductivity (TC) and being light weight. nanosolutions, on the other hand, can be used as an efficient HT medium as they exhibit higher TCs in comparison to base fluids. This review paper summarizes the physical properties of nanosolutions and or within the metal foam, focusing on HT and flow properties of nanosolutions, metal foam and combined NS-metal foam systems. The inspiration novelty for this review is the basic transference identifications for the HT enhancement of nanosolutions in porous media. The aim of the work is to provide insight on how nanosolutions in conjunction with porous media can be useful for HTE.
In the teaching of professional courses, the introduction of information technology teaching mode, currently the most widely used is blended teaching. This teaching mode highlights the student's learning subject status, and the overall teaching effect is significant. Linux course is a highly practical course, and the introduction of blended teaching mode in specific course teaching is of great significance for promoting curriculum reform and development. This article provides a brief introduction to Linux courses, analyzes the importance of blended teaching methods, and explores strategies for effectively applying online and offline mixed teaching modes in Linux courses.
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