risk management Articles

  • Risk management and organised crime

    As travel becomes more and more accessible for individuals, the potential for risk at destination will develop. As a potential way forward the education of stakeholders in the form of travellers offers policy makers a potential window to limit risk and enhance safety whilst engaging in travel. As a potential force for good, the actions of the mobile tourist could be harnessed and used as a ...


    By Inderscience Publishers

  • EHS and Operational Risk Management

    EHS and Operational Risk Management - a white paper exploring pro-active and integrated operational risk management strategy relied upon by successful businesses. Introduction Probably the most important factor in managing a successful business is the approach to risk management. Over recent years there has been a focus on managing financial risk. But risk goes beyond the finance function. The ...


  • Supply chain risk management

    The existing models utilise a mean value approach with deterministic failure cost to determine the optimal number of suppliers in the presence of supplier failure risks. The mean value approach assumes, the firm has a linear utility function with respect to the supply disruptions. For major disruptions that could threaten the survival of the firm, the linearity assumption is questionable. ...


    By Inderscience Publishers

  • Foundations of integrated risk management

    This paper concentrates on broadening the concept of risk management beyond the considerations of cost, schedule and performance. The author uses his experience with NASA to provide both a foundation for an integrated risk management plan and a tentative plan. The plan integrates risk across both the temporal and the hierarchical dimensions.Keywords: integrated risk management, project ...


    By Inderscience Publishers

  • Risk management versus incentives

    Portfolio theory indicates that risk management should take place at the group level. Hedging at the project level or in the individual business areas may lead to suboptimal results. However, the efficiency of a profit centre depends on its management's being able to influence factors that are crucial to the unit's financial results. Price hedging could be one such factor. In the wider ...


    By Inderscience Publishers

  • The evolution and process of risk management at the European space agency ESA

    The paper gives an overview of risk management at the European Space Agency, ESA. It illustrates the history of and the current approach to the management of space project risks. The evolution of risk management methods and tools is summarised and some of their features are highlighted. The spectrum of risks on a project and the process of risk management are explained. The basic steps of the ...


    By Inderscience Publishers

  • A risk management framework and model for pension investment funds

    Risk management in finance is an increasingly important area, which has been highlighted in the midst of the global credit crisis. In this paper, we propose a new risk management model for pension investment funds: a risk management framework and risk measure based on modelling the pension fund value as an option. We review risk management, discussing risk management frameworks and risk ...


    By Inderscience Publishers

  • Managing risk of liquidity: a new dimension of risk management

    Prudent liquidity risk management is a critical component of contemporary complex financial risk management. In the aftermath of the world financial crisis that started in 2007 the liquidity risk area received close attention from financial firms and regulators. The article begins with an introduction of the concept of liquidity risk management, a key component of the Basel III framework. The ...


    By Inderscience Publishers

  • The ROI of Vendor Risk Management

    Michelle Middendorf, workers’ compensation manager at Stanley Steemer, shares how reining in their vendor management process led to dramatic improvements and ultimately allowed the company to expand their commercial revenue with more value-added services. When Stanley Steemer set out to automate the more basic process of managing certificates of insurance for ...


    By Riskonnect Inc

  • A desirable future for technology risk management

    This paper outlines a scenario for the future of Technology Risk Management which the author suggests is internally consistent, linked to current practice, achievable, and desirable. It is a personal view which reflects the concerns and goals of the author. It is offered as a basis for discussion with others of the goals we might seek jointly to facilitate effective progress.Keywords: risk ...


    By Inderscience Publishers

  • Risk management in information technology projects

    There are several studies on managing risks in information technology (IT) projects. Most of the studies identify and prioritise risks through empirical research in order to suggest mitigating measures. Although they are important to clients for future projects, these studies fail to provide any framework for risk management from IT developers' perspective. Although a few studies introduced a ...


    By Inderscience Publishers

  • Effective risk management: a goal based approach

    The United States Department of Defense (DoD) and National Aeronautics and Space Administration (NASA) have implemented ambitious risk management programmes on top research and development projects. Typically, risk is expressed strictly in terms of cost, schedule or technical performance. This approach can result in the obscuration of other important project objectives. Further, methods for ...


    By Inderscience Publishers

  • Equity trading risk management: the case of Casablanca Stock Exchange

    Despite the fact that emerging markets are characterised in general as illiquid, segmented, politically unstable, with lack of regulations and historical financial databases, they do have enormous advantages for markets' participants. While these emerging markets share some similarities in development patterns, it is often their individual differences that create unique expected return ...


    By Inderscience Publishers

  • Assessing performance of supply chain risk management programmes: a tentative approach

    This exploratory study provides initial directions about how risk management programmes could be assessed in a supply chain setting and discusses how such a measurement system could be designed. Measures are needed both for the management to evaluate the success of actions taken in supply chain risk management, as well as for the (supply chain) risk manager to communicate the value of his work. A ...


    By Inderscience Publishers

  • Environmental Strategist Certification

    Environmental Strategist Certification: www.estrategist.com For business professionals (insurance agents, attorneys, bankers, accountants, realtors, environmental engineers, business owners, CEO’s, CFO’s and risk managers) interested in leveraging their business model in today’s sustainable business environment, ...

  • An Australian innovation in emergency risk management

    A 1997/98 risk management study in flood-prone areas of central western Queensland was the first practical application of national emergency risk management guidelines based on the Australian/New Zealand risk management standard [1]. The paper reports on the study, its outcomes and its implications for future comprehensive and integrated emergency risk management programmes.Keywords: Australia, ...


    By Inderscience Publishers

  • The intersection of risk management and human resources: an illustration using genetic mapping

    This research examines the intersection of organisational risk management and human resource responsibilities using the case of genetic mapping. Traditionally, risk management and human resource functions have operated in organisational isolation. In other words, these functional areas were not aware of each other's activities and their relative impact on the organisation as well as each other. ...


    By Inderscience Publishers

  • 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 ...


    By Inderscience Publishers

  • Linking risk management to strategic controls: a case study of Tesco plc

    Definitions and perceptions of the role and styles of risk management, and performance management/strategic control systems have evolved over time, but it can be argued that risk management is primarily concerned with ensuring the achievement of strategic objectives. This paper shows the extent of overlap between a broad-based view of risk management, namely Enterprise Risk Management (ERM), and ...


    By Inderscience Publishers

  • Operational Risk Management (ORM) Explained

    Times have changed. Operational risk and process safety management isn’t what it was 10 years ago. While industry regulations and corporate business strategies seek to ensure safe and effective operations, everybody straight across the organization has a role to play. Sphera is pleased to deliver the world’s leading integrated software and services developed alongside and with the ...


    By Sphera

Need help finding the right suppliers? Try XPRT Sourcing. Let the XPRTs do the work for you