Probabilistic Threat Assessment with Environment Description and Rule-based Multi-Traffic Prediction for Integrated Risk Management System

2017 ◽  
Vol 9 (3) ◽  
pp. 8-22 ◽  
Author(s):  
Beomjun Kim ◽  
Kwanwoo Park ◽  
Kyongsu Yi
Keyword(s):  
Risk Management ◽  
Management System ◽  
Threat Assessment ◽  
Traffic Prediction ◽  
Rule Based ◽  
Risk Management System ◽  
Integrated Risk ◽  
Integrated Risk Management

scholarly journals THE RISK MANAGEMENT SYSTEM IS A TOOL FOR THE SUCCESSFUL IMPLEMENTATION OF INTERNATIONAL MEGAPROJECTS

2020 ◽  
Vol 11 (1) ◽  
pp. 98-103 ◽  
Author(s):  
D. V. Shamin
Keyword(s):  
Risk Management ◽  
Management System ◽  
Risk Tolerance ◽  
Successful Implementation ◽  
Monitoring And Control ◽  
Risk Management System ◽  
Management Processes ◽  
Integrated Risk ◽  
Risk Management Process ◽  
Integrated Risk Management

The article is devoted to the optimization of the processes of organization and management of international megaprojects based on the formation of a risk management system.Currently, the implementation efficiency of megaprojects remains low due to the emergence of many risks at various stages of project implementation.In this connection, it is proposed to form an integrated risk management system, which implies a three-stage structure for introducing the 6 element risk management system into the project life cycle, into the main project management processes.This article substantiates the need to form a risk management system in three stages in accordance with the key elements of a risk management system: (1) Planning – the block «Objectives and environment of the project»; (2) Approval of the project – the blocks «Identification», «Classification», «Assessment of risks and risk tolerance», «Risk management plan»; (3) Monitoring and control – the block «Control and monitoring of risks».Thus, the proposed integrated risk management system provides: continuity of the risk management process based on the audit of the RMS; the ability to adjust RMS at the stage of forecasting a risk event; possibility of scenario modeling for forecasting risk reduction potential; risk management program, formed by current risks in order to increase the attractiveness of the mega-project for the investor.It is also proposed to introduce an audit of risk management processes and procedures based on an adapted methodology for the following components of the risk management system: defining events and setting goals; the internal environment of the organization; organization risk assessment; risk control tools; responding to risks; communications and information; risk monitoring.This technique allows you to take into account risks not only at the stage of project development, but also during its implementation, which ensures its feasibility, as well as an audit algorithm for risk management systems of a megaproject is developed and recommendations for improving the RMS through this tool are proposed.

scholarly journals ENHANCING COMPETITIVENESS BY APPLYING AN INTEGRATED RISK MANAGEMENT APPROACH

2019 ◽  
Vol 17 (Suppl.1) ◽  
pp. 203-209
Author(s):  
P. Biolcheva
Keyword(s):  
Risk Management ◽  
Management System ◽  
Organizational Level ◽  
Management Approach ◽  
Business Organizations ◽  
Risk Management System ◽  
Integrated Risk ◽  
Information Products ◽  
The Stability ◽  
Integrated Risk Management

To maintain their competitiveness, business organizations need not only to rely on innovation, sales and good marketing. An important condition is to maintain their reputation, ensure business continuity, avoid leakage and loss of assets. This also outlines the importance of risk management. Effective risk management is a mandatory element of overall management at organizational level. The integration of different operating systems with the risk management system makes it easier to identify, analyze and manage all risk factors. The purpose of this paper is to outline the benefits of using an integrated risk management system as well as the relevance of information products to business organizations. Empirical research, among business organizations with a different subject of activity, is used to achieve the goal. The results show the effect on the stability of the organizations and their competitiveness.

scholarly journals Integrated Risk Management System in Transport

2021 ◽  
Vol 55 ◽  
pp. 1530-1537
Author(s):  
Patrik Lahuta ◽  
Peter Kardoš ◽  
Mária Hudáková
Keyword(s):  
Risk Management ◽  
Management System ◽  
Risk Management System ◽  
Integrated Risk ◽  
Integrated Risk Management

scholarly journals MODERN APPROACHES TO THE CONTENT OF THE CONCEPT INTEGRATED RISK MANAGEMENT SYSTEM IN BANKS

REPORTS ◽  
2019 ◽  
Vol 6 (328) ◽  
pp. 73-80 ◽  
Author(s):  
D. E. Alisheva ◽  
◽  
A. M. Nurgaliyeva ◽  
◽  
◽  
...  
Keyword(s):  
Risk Management ◽  
Management System ◽  
Risk Management System ◽  
Integrated Risk ◽  
Integrated Risk Management

scholarly journals Developing a risk management system and assessing the effectiveness of integrated risk management in the space rocket sector

2018 ◽  
Vol 212 ◽  
pp. 08028
Author(s):  
Alexander Sobol ◽  
Oleg Fadeev
Keyword(s):  
Risk Management ◽  
Management System ◽  
Project Risk Management ◽  
Project Risk ◽  
Risk Management System ◽  
Space Rocket ◽  
Integrated Risk ◽  
Project Risks ◽  
Integrated Project ◽  
Integrated Risk Management

The article discusses the formation of the system of risk management and evaluation of the effectiveness of integrated project risk management in the space rocket sector. The classification of the integrated project risks for knowledge-based enterprise in the space rocket sector and credit institution was made. The main methods of project risks evaluation, which can be applied in the space rocket sector, are described. The scheme of integrated project risk management was made on the basis of the life cycle approach when implementing projects in the space rocket sector. When implementing project risks in the space rocket sector, an enlarged scheme of the Regulations on Integrated Project Risk Management System, was developed. An issue of integrated risk management in the space rocket sector using a system of measures being named the “Value-at-Risk” (VaR) was reviewed. It was concluded that there was a need for project implementation in the space rocket sector using a complex, effective, and integrated system of risk management.

Sign in / Sign up

Export Citation Format

Share Document