risk assessment Articles
-
Risk Assessment
Risk assessment is a step in a risk management procedure. Risk assessment is the determination of Quantitative or Qualitative value of risk related to a concrete situation and a recognized threat (also called hazard). Quantitative risk assessment requires calculations of two components of risk: R, the magnitude of the potential loss L, and the probability p, that the loss will occur. ...
-
Better safe than sorry: experiences of large US corporations in their global operation
Data were collected on selected US corporations' perceptions of present and future political risk, political risk assessment variables, and assessment methods. The mean importance score of the political risk assessment variables and mean usefulness score of political risk assessment methods are presented in this study. Mean scores were also compared between the low and high-international ...
-
International management and risk assessment
This article presents the US experience from periodical business failures and collapses of the financial markets. It could be a lesson for the Central and Eastern European countries on their economies during the post-transition era. International management is one of the strongest aspects of major US corporations, and risk management is their day-to-day concern. It emphasises the importance of ...
-
Introduction. Ethical issues in risk assessment and management: a critical introduction
This paper provides an extended critical introduction to the special issue on Ethical issues in risk assessment and management.Keywords: ethical issues, risk assessment, risk management, ...
-
Analysis and risk assessment resources planning project introducing information system
Management, distribution and control of resources in the realisation of projects of information systems are crucial to the success of the projects themselves. The paper presents a different process analysis and risk assessment planning resources on projects of implementing information system solutions through the understanding of the effects of deadlines, costs and quality. Starting from the ...
-
Biotechnology and the precautionary principle
This paper examines the relationships between science and the precautionary principle and their policy and institutional implications for biotechnology. It acknowledges the divergent approaches adopted by different regions of the world in managing the risks associated with biotechnology. The paper notes that the divergent views about the application of the precautionary principle to risk ...
-
Practical risk assessment with triangular distributions
Based on the familiar premise that risk is the product of two factors, probability and consequence (where the probability factor can be further decomposed into a threat factor and a vulnerability factor, if necessary), we determine the probability distribution of risk and show that there are four distinct parts to that distribution. We derive formulas for the probability density function and ...
-
Credibility in risk assessment: a normative approach
The methodology of risk assessment has been heavily criticised for a number of years, but its importance as a normative practice is, if anything, increasing in a society that is sceptical of special interests and expert bodies. This implies that it is becoming increasingly important to be normative about how risk assessment is conducted. The purpose of this paper is to describe a study aimed at ...
-
Editorial: Dealing with technical risks in a region
The ETH Polyproject on 'Risk and Safety of Technical Systems' took the initiative to research various aspects related to regional risk assessment and safety management. This Editorial asks, What is integrated area risk assessment and safety management? It briefly considers how to define a region and the objectives and scope for an integrated regional risk assessment and safety management (IRRASM) ...
-
Operating risk assessment for underground metal mining systems: overview and discussion
This paper provides an overview and discussion of important aspects of risk analysis that are relevant to underground metal mines operating risks assessment and the impact on mining project economics, using stochastic computer modelling, in Discounted Cash Flow (DCF) analysis. Mine operating risk assessment is presented in an overview of available risks evaluation tools that have been developed ...
-
Comparative risk assessment of the health and environmental impacts of various energy systems
Comparative risk assessment is an interdisciplinary field, encompassing such areas as engineering, environment, health and social sciences. Its aim is to compare various types of risk, and to establish a rational and 'risk acceptable' technological – environmental policy. This paper highlights methodological issues involved in dealing with various types of data and the use of appropriate ...
-
Increasing the Impact of Risk Assessment
Improve your risk management programs over time and increase employee safety by making risk assessment a living part of your organisation. By implementing a ‘living’ risk assessment cycle and developing a safety culture, you can: Manage risk more effectively Be better prepared for litigation Reduce overall risk This paper will identify a standard (but weak) risk assessment ...
By Cority
-
Conflict of Interest Disclosures – Are you ready for risk assessment?
5 Signs that you are ready for COI risk assessment Conflict of interest (COI) disclosure operates on a trust system. New hire orientation training and occasional refresher training sessions bring up the issue and request the submission of disclosure forms with no real sense of how many of the potential COI’s in the company are really being disclosed. The importance of the issue and the ...
-
Designing a model for know-how commercialisation with risk assessment in R&D centres
Nowadays, developing and commercialising know-how in oil, gas and petrochemical are vital. Hence it is necessary to investigate different ways of commercialising in the development process. Because of inherent risk at each stage of different ways of commercialisation, it is necessary to carry out risk assessment for all stages. Risk assessment at different stages of know-how commercialisation ...
-
A test of the relationship between self-classified financial risk-tolerance and investment risk-taking behaviour
The purpose of this study was to determine how accurately individuals judge their own level of financial risk-tolerance and whether self-assessed financial risk-tolerance is associated with investment risk-taking behaviours. Using a sample of internet risk-assessment survey respondents (n = 1,740), it was concluded that individuals do a fair job of assessing their own level of financial ...
-
The development of a strategic risk analysis framework for interconnected surface transportation systems
Transportation networks are centre to the daily lives of millions of citizens around the world. By design, they are open and freely accessible systems that may be exploited for malicious purposes. Transportation networks, especially in dense urban environments, are integral part of larger synergistic systems forming a network of networks. The present paper introduces a strategic risk assessment ...
-
Bow Tie - An elegant solution
Risk assessment lies at the heart of the joint IRM, AIRMIC and ALARM risk management standard. And one of the most powerful and increasingly popular risk assessment techniques is the ‘bow-tie’ method, so called because it describes themanagement of risk in the shape of a bow-tie. This method goes beyond the usual risk assessment snapshot and puts emphasis on the linkage between risk controls and ...
-
Analogical gates - a network approach to multi-criteria aggregation with application in risk assessment
Analogical gates are developed to implement four-quadrant fuzzy-generalisation of Boolean logical gates. They provide an alternative to the traditional rule-based realisation of fuzzy inference. Therefore, analogical gates can be used in a wide range of applications especially for multi-criteria aggregation. In this paper, the basic properties of the analogical gates are reviewed, their ...
Need help finding the right suppliers? Try XPRT Sourcing. Let the XPRTs do the work for you