Risk Analysis In The Private Sector

Author : Chris Whipple,Vincent T. Covello
Publisher : Springer Science & Business Media
Page : 506 pages
File Size : 41,5 Mb
Release : 2013-03-09
Category : Technology & Engineering
ISBN : 9781461324652

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Risk Analysis in the Private Sector by Chris Whipple,Vincent T. Covello Pdf

The theme of this volume--risk analysis in the private sector--reflects a changing emphasis in risk analysis. Until re cently, attention has been focused on risk analyses conducted in support of federal regulatory decision making. Such analyses have been used to help set safety standards, to illuminate issues of regulatory concern, and to evaluate regulatory alternatives. As this volume indicates, however, risk analysis encompasses a broader set of activities. Analyses performed by private sector institutions aimed at preventing or reducing potential adverse health or environmental effects also play an important part in societal risk management. In virtually all societies, there have been strong incentives for the private sector to conduct such analyses. These incentives range from moral or altruistic norms and values to simple self-interest based on fear of monetary loss, possible civil or criminal litigation, or punitive or restrictive government action. The papers in this volume address the overall theme from a variety of perspectives. Specifically, the papers represent con tributions from such diverse fields as toxicology, epidemiology, chemistry, biology, engineering, statistics, decision analysis, economics, psychology, philosophy, and the law.

Author : V.T. Covello,Joshua Menkes,J.L. Mumpower
Publisher : Springer Science & Business Media
Page : 543 pages
File Size : 51,8 Mb
Release : 2012-12-06
Category : Technology & Engineering
ISBN : 9781461321033

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Risk Evaluation and Management by V.T. Covello,Joshua Menkes,J.L. Mumpower Pdf

Public attention has focused in recent years on an array of technological risks to health, safety, and the environment. At the same time, responsibilities for technological risk as sessment, evaluation, and management have grown in both the public and private sectors because of a perceived need to anticipate, prevent, or reduce the risks inherent in modem society. In attempting to meet these responsibilities, legislative, judicial, regulatory, and private sector institutions have had to deal with the extraordinarily complex problems of assessing and balancing risks, costs, and benefits. The need to help society cope with technological risks has given rise to a new intellectual endeavor: the social and behavioral study of issues in risk evaluation and risk management. The scope and complexity of these analyses require a high degree of cooperative effort on the part of specialists from many fields. Analyzing social and behavioral issues requires the efforts of political scientists, sociologists, decision analysts, management scientists, econ omists, psychologists, philosophers, and policy analysts, among others.

Author : Korwa Gombe Adar,Richard O. Iroanya,F. O. C. Nwonwu
Publisher : African Books Collective
Page : 176 pages
File Size : 48,9 Mb
Release : 2008
Category : Political Science
ISBN : 9780798302135

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Towards Africa-oriented Risk Analysis Models by Korwa Gombe Adar,Richard O. Iroanya,F. O. C. Nwonwu Pdf

Risk analysis studies on Africa conducted by a number of international organisations have addressed a number of complex and interlocking socioeconomic and political issues, largely painting a bleak picture of the continent. These reports have been used by the Western countries as benchmarks for the flow of donor funds, often with disastrous consequences. The failure of the Structural Adjustment Programmes (SAPs) introduced by the Bretton Woods institutions in the 1970s and 1980s serve as a good example. Taking cognisance of these interpretations, the case studies in this volume have employed appropriate methodological, conceptual and theoretical approaches with the objective of reaching balanced assessments on the underlying principles of risk and threat in Africa. The authors take a more holistic view, clearly defining the concept of risk and its corollaries and going beyond the somewhat limited view of those organisations which apply largely Eurocentric values to their assessments.

Author : Asian Development Bank
Publisher : Unknown
Page : 124 pages
File Size : 50,5 Mb
Release : 2002
Category : Economic development projects
ISBN : UCSD:31822032273013

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Handbook for Integrating Risk Analysis in the Economic Analysis of Projects by Asian Development Bank Pdf

Aiming to support the development of a framework for the analysis of risk in project design and economic analysis, this handbook outlines technical approaches to modeling risk. Also summarized is the nature and practice of sensitivity analysis in dealing with uncertain outcomes as well as the principles to consider in typical risk analysis situations sector by sector. Case studies are included to demonstrate the application of quantitative risk analysis using actual Asian Development Bank projects to help improve project design and quality. Handbook users will learn to identify factors that are the key determinants of project outcomes, determine the likelihood of an individual project's returns being unacceptable, and design measures to mitigate the risks arising from the identified key factors.

Author : Daniel Wagner
Publisher : CRC Press
Page : 308 pages
File Size : 41,8 Mb
Release : 2012-02-15
Category : Business & Economics
ISBN : 9781466500488

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Managing Country Risk by Daniel Wagner Pdf

What would you do if a law that enabled your investment to operate successfully abroad suddenly changed, and your business could no longer operate profitably there? Imagine exporting goods to a government buyer only to discover after the fact that your home country, or the United Nations, has just imposed an embargo on that country. Managing Countr

Author : Charles Yoe
Publisher : CRC Press
Page : 816 pages
File Size : 42,6 Mb
Release : 2019-01-30
Category : Technology & Engineering
ISBN : 9780429667619

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Principles of Risk Analysis by Charles Yoe Pdf

In every decision problem there are things we know and things we do not know. Risk analysis science uses the best available evidence to assess what we know while it is carefully intentional in the way it addresses the importance of the things we do not know in the evaluation of decision choices and decision outcomes. The field of risk analysis science continues to expand and grow and the second edition of Principles of Risk Analysis: Decision Making Under Uncertainty responds to this evolution with several significant changes. The language has been updated and expanded throughout the text and the book features several new areas of expansion including five new chapters. The book’s simple and straightforward style—based on the author’s decades of experience as a risk analyst, trainer, and educator—strips away the mysterious aura that often accompanies risk analysis. Features: Details the tasks of risk management, risk assessment, and risk communication in a straightforward, conceptual manner Provides sufficient detail to empower professionals in any discipline to become risk practitioners Expands the risk management emphasis with a new chapter to serve private industry and a growing public sector interest in the growing practice of enterprise risk management Describes dozens of quantitative and qualitative risk assessment tools in a new chapter Practical guidance and ideas for using risk science to improve decisions and their outcomes is found in a new chapter on decision making under uncertainty Practical methods for helping risk professionals to tell their risk story are the focus of a new chapter Features an expanded set of examples of the risk process that demonstrate the growing applications of risk analysis As before, this book continues to appeal to professionals who want to learn and apply risk science in their own professions as well as students preparing for professional careers. This book remains a discipline free guide to the principles of risk analysis that is accessible to all interested practitioners. Files used in the creation of this book and additional exercises as well as a free student version of Palisade Corporation’s Decision Tools Suite software are available with the purchase of this book. A less detailed introduction to the risk analysis science tasks of risk management, risk assessment, and risk communication is found in Primer of Risk Analysis: Decision Making Under Uncertainty, Second Edition, ISBN: 978-1-138-31228-9.

Author : Ray Waller
Publisher : Springer Science & Business Media
Page : 561 pages
File Size : 52,8 Mb
Release : 2013-11-21
Category : Science
ISBN : 9781475718188

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Low-Probability High-Consequence Risk Analysis by Ray Waller Pdf

In recent years public attention has focused on an array of low-probability/high-consequence (LC/HC) events that pose a signif icant threat to human health, safety, and the environment. At the same time, public and private sector responsibilities for the assessment and management of such events have grown because of a perceived need to anticipate, prevent, or reduce the risks. In attempting to meet these responsibilities, legislative, judicial, regulatory, and private sector institutions have had to deal with the extraordinarily complex problem of assessing and balancing LP/ HC risks against the costs and ben if its of risk reduction. The need to help society cope with LP/HC events such as nuclear power plant accidents, toxic spills, chemical plant explosions, and transportation accidents has given rise to the development of a new intellectual endeavor: LP/HC risk analysis. The scope and complexity of these analyses require a high degree of cooperative effort on the part of specialists from many f~elds. Analyzing technical, social, and value issues requires the efforts of physicists, biologists, geneticists, statisticians, chemists, engineers, political scientists, sociologists, decision analysts, management scientists, economists, psychologists, ethicists, lawyers, and policy analysts. Included in this volume are papers by authors in each of these disciplines. The papers share in common a focus on one or more of the following questions that are generic to the analysis of LP/HC risks.

Author : Roger E Kasperson
Publisher : Routledge
Page : 343 pages
File Size : 44,9 Mb
Release : 2014-07-30
Category : Business & Economics
ISBN : 9781136557149

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Social Contours of Risk by Roger E Kasperson Pdf

We live in a 'risk society' where the identification, distribution and management of risks, from new technology, environmental factors or other sources are crucial to our individual and social existence. In The Social Contours of Risk, Volumes I and II, two of the world's leading and most influential analysts of the social dimensions of risk bring together their most important contributions to this fundamental and wide-ranging field. Volume II centres on the analysis and management of risk in society, in international business and multinationals, and globally. The 'acceptability' of risk to an individual depends on the context, whether the larger society or in, for example, a corporate framework. Their work clarifies the structures and processes for managing risks in the private sector and the factors that produce or impede effective decisions. The authors demonstrate that corporate culture is crucial in determining risk management. They analyse the transfer of corporate risk management systems from industrial to developing countries, and how globalization is spreading and creating new kinds of risk - the combination of traditional and modern hazards presented by climate change, technology transfer and economic growth. They describe the new priorities and capacities needed to deal with these enhanced vulnerabilities around the globe.

Author : Mohammad Heydari,Kin Keung Lai,Zhou Xiaohu
Publisher : Routledge
Page : 286 pages
File Size : 45,5 Mb
Release : 2020-12-29
Category : Business & Economics
ISBN : 9781000326574

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Risk Management in Public-Private Partnerships by Mohammad Heydari,Kin Keung Lai,Zhou Xiaohu Pdf

Public-Private Partnership (PPP) is a channel through which the public sector can seek alternative funding and expertise from the private sector to procure public infrastructure. Governments around the world are increasingly turning to Public-Private Partnerships to deliver essential goods and services. Unfortunately, PPPs, like any other public procurement, can be at risk of corruption. This book begins by looking at the basics of PPP and the challenges of the PPP process. It then conceptualizes the vulnerability of various stages of Public-Private Partnership models and corruption risk against the backdrop of contract theory, principal-agent theory and transaction cost economics. The book also discusses potential control mechanisms. The book also stresses the importance of good governance for PPP. It outlines principles and procedures of project risk management (PRM) developed by a working party of the Association of Project Managers. Finally, the book concludes by proposing strategies and solutions to overcome the limitations and challenges of the current approach toward PPP.

Author : Charles Yoe
Publisher : CRC Press
Page : 576 pages
File Size : 50,9 Mb
Release : 2016-04-19
Category : Technology & Engineering
ISBN : 9781439857502

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Principles of Risk Analysis by Charles Yoe Pdf

In every decision context there are things we know and things we do not know. Risk analysis uses science and the best available evidence to assess what we know-and it is intentional in the way it addresses the importance of the things we don't know. Principles of Risk Analysis: Decision Making Under Uncertainty lays out the tasks of risk analysis i

Author : Terje Aven
Publisher : Routledge
Page : 316 pages
File Size : 40,7 Mb
Release : 2019-06-21
Category : Business & Economics
ISBN : 9780429642722

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The Science of Risk Analysis by Terje Aven Pdf

This book provides a comprehensive demonstration of risk analysis as a distinct science covering risk understanding, assessment, perception, communication, management, governance and policy. It presents and discusses the key pillars of this science, and provides guidance on how to conduct high-quality risk analysis. The Science of Risk Analysis seeks to strengthen risk analysis as a field and science by summarizing and extending current work on the topic. It presents the foundation for a distinct risk field and science based on recent research, and explains the difference between applied risk analysis (to provide risk knowledge and tackle risk problems in relation to for example medicine, engineering, business or climate change) and generic risk analysis (on concepts, theories, frameworks, approaches, principles, methods and models to understand, assess, characterise, communicate, manage and govern risk). The book clarifies and describes key risk science concepts, and builds on recent foundational work conducted by the Society for Risk Analysis in order to provide new perspectives on science and risk analysis. The topics covered are accompanied by cases and examples relating to current issues throughout. This book is essential reading for risk analysis professionals, scientists, students and practitioners, and will also be of interest to scientists and practitioners from other fields who apply risk analysis in their work.

Author : Jennifer Murray,Iniobong Enang
Publisher : Emerald Group Publishing
Page : 111 pages
File Size : 55,8 Mb
Release : 2022-01-26
Category : Business & Economics
ISBN : 9781800436947

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Conceptualising Risk Assessment and Management across the Public Sector by Jennifer Murray,Iniobong Enang Pdf

Conceptualising Risk Assessment and Management across the Public Sector explores concepts and applications of risk across the public sector to aid risk professionals in establishing a clearer understanding of what risk assessment and management is, how it might be unified across sectors, and how and where deviations are needed.

Author : Timothy C. Earle,Michael Siegrist,Heinz Gutscher
Publisher : Earthscan
Page : 313 pages
File Size : 48,6 Mb
Release : 2012
Category : Business & Economics
ISBN : 9781849773461

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Trust in Cooperative Risk Management by Timothy C. Earle,Michael Siegrist,Heinz Gutscher Pdf

Trust is an important factor in risk management, affecting judgements of risk and benefit, technology acceptance and other forms of cooperation. In this book the world's leading risk researchers explore all aspects of trust as it relates to risk management and communication. Drawing on a wide variety of disciplinary approaches and empirical case studies (on topics such as mobile phone technology, well-known food accidents and crises, wetland management, smallpox vaccination, cooperative risk management of US forests and the disposal of the Brent Spar oil drilling platform), this is the most thorough and up-to-date examination of trust in all its forms and complexities. The book integrates diverse research traditions and provides new insights into the phenomenon of trust. Factors that lead to the establishment and erosion of trust are identified. Insightful analyses are provided for researchers and students of environmental and social science and professionals engaged in risk management and communication in both public and private sectors. Related titles The Tolerability of Risk (2007) 978-1-84407-398-6

Author : United States. Congress. Senate. Committee on Homeland Security and Governmental Affairs. Ad Hoc Subcommittee on State, Local, and Private Sector Preparedness and Integration
Publisher : Unknown
Page : 232 pages
File Size : 55,9 Mb
Release : 2008
Category : Business & Economics
ISBN : PSU:000063512144

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Private Sector Preparedness by United States. Congress. Senate. Committee on Homeland Security and Governmental Affairs. Ad Hoc Subcommittee on State, Local, and Private Sector Preparedness and Integration Pdf

Author : Ronald L. Solberg
Publisher : Routledge
Page : 337 pages
File Size : 41,5 Mb
Release : 2002-09-11
Category : Business & Economics
ISBN : 9781134898428

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Country Risk Analysis by Ronald L. Solberg Pdf

Country-Risk Analysis is a comprehensive, practical guide to the management of international risk and cross-border lending. The last fifteen years of international commercial bank lending have witnessed a classical boom-and-bust cycle. Yet it is only recently that a formalized approach to country risk assessment has been implemented in the major international banks. Ron Solberg's volume provides a state-of-the-art review of the country risk techniques that have evolved in the context of dramatic changes in developing countries' debt service capacity and in international lending itself. It deals comprehensively with sovereign credit decision making, portfolio management, lending behaviour and financial innovations.