Risk Management: An Overview
- Length: 268 pages
- Edition: 1
- Language: English
- Publisher: Nova Science Pub Inc
- Publication Date: 2021
- ISBN-10: 1685071775
- ISBN-13: 9781685071776
- Sales Rank: #0 (See Top 100 Books)
All activities involve risks from a wide variety of sources (management errors, financial uncertainty, legal liabilities, project failures, human errors, accidents, natural disasters, etc.). Risk management is the process of identifying, assessing and controlling threats to an organization. Risk management, also considered as uncertainty management, allows organizations to attempt to prepare for the unexpected by minimizing risks and extra costs before they happen.ISO 31000 recommends that risk management be part of the organization’s structure, processes, objectives, strategy and activities. This standard places a greater focus on creating value as the key driver of risk management and features other related principles such as continual improvement, the inclusion of stakeholders, being customized to the organization and consideration of human and cultural factors. It is a model that regularly exchanges feedback with its external environment in order to fit a wider range of needs and contexts.This book gathers contributions of several authors worldwide which cover several aspects related to risk management, including the application of risk management in specific sectors.
Contents Preface Chapter 1 Recommendations for Developing Risk Management into Integrated Management Systems: Overcoming Challenges and Identifying Opportunities Abstract 1. Introduction 2. Risk Management ISO 31000 3. Research Method 4. Results and Discussion 4.1. Clustering of Gaps 4.2. Clustering of Challenges Identified in the Literature 5. Proposition of Recommendations for Using RM in IMS Conclusion References Chapter 2 Enterprise Risk Management as a Tool to Manage Corporate Reputation Abstract 1. Introduction 2. Corporate Reputation and Reputational Risk 3. Enterprise Risk Management Systems and Reputational Risk 4. Reputational Crisis Conclusion References Chapter 3 Physical Asset Risk Management Abstract Introduction A Risk-Based Approach for Asset Management Reliability as a Risk Measure for Physical Assets Risk-Based Cost Models for Physical Asset Management PAM Costs Life Cycle Costing Stochastic Models Fuzzy Logic Expert Judgment (AHP or/and Delphi) Conceptual Model Proposal PAM Processes Mapping Resource Allocation and Capacity Cost Cost Model Conclusion References Chapter 4 Risk Analysis in Synergic Supply Chains Abstract 1. Introduction 2. Topological and Synergistic Chains 3. Risk in Supply Chains 3.1. Definition of Risk and Classification 3.2. Vulnerability and Resilience 3.3. Supply Chain Risk Management (SCRM) 3.4. Risk and Decision-Making through Synergistic Chains 4. Practical Insights for Synergistic Supply Chains 4.1. Vertical and Horizontal Synergistic Supply Chains 4.2. Characteristics in the Risks and Influence on Vulnerability and Mitigation 4.3. Evaluation for the Impact of Risk Factors 5. A Case of Pharmaceutical Distribution 5.1. Description of the Case 5.2. Evaluation of Risks 5.3. Analysis of the Results Conclusion References Chapter 5 Risk Assessment in Food Production Abstract 1. Introduction 2. Risks in Food Production 2.1. Risk vs Hazard 2.2. Types of Hazards in Food Production 3. Risk Analysis 3.1. Risk Assessment 3.1.1. Purpose of Risk Assessment 3.1.2. Characteristics of Food Safety Risk Assessment 3.1.3. Sources of Scientific Information for Risk Assessment 3.2. Key Steps in Risk Assessment 3.3. Types of Risk Assessment 3.3.1. Qualitative Risk Assessment 3.3.2. Quantitative Risk Assessment Conclusion References Chapter 6 Risk Management Keys for Complex Construction Projects Abstract 1. Introduction 2. Features of Complex Construction Projects 3. Risk Management for Complex Construction Projects 4. Dynamic Risk Management Approach Adapted to the Project Life-Cycle 4.1. Risk Management in Early Phases of a Complex and Strategic Construction Project 4.2. Risk Management in Middle Phases of a Complex and Strategic Construction Project 4.3. Risk Management in Later Phases of a Complex and Strategic Construction Project Conclusion References Chapter 7 Risk Assessment of Welding Operations and Processes in Terms of Ultrafine Particles Emissions Abstract Introduction Use of a Control Banding Approach Use of a Safe/Critical Working Area Approach Conclusion References Chapter 8 Firefighting Personal Protective Equipment: A Comparative Study of Perceptions and Experiences of Firefighters from Two Portuguese Fire Brigades Abstract 1. Introduction 1.1. The Relevance of Personal Protective Equipment in Firefighting Risk Management 1.2. Firefighting Personal Protective Equipment Risk Assessment 1.3. Selection, Care, and Maintenance of Firefighting Personal Protective Equipment 2. Firefighting in Portugal 2.1. The Size FF Portugal Study 3. Materials and Methods 3.1. Data Collection Methods 3.1.1. Questionnaire 3.1.2. Interview 3.2. Data Collection Protocol 3.3. Data Treatment and Analysis 4. Results and Discussion 4.1. Participants Socio-Demographic Information 4.2. Turnout Gear Length of Service 4.3. Level of Protection 4.3.1. Turnout Gear Protection Level 4.3.2. Fire Gloves Protection Level 4.4. Injuries Related to Personal Protective Equipment 4.4.1. Injuries Related to Turnout Gear 4.4.2. Injuries Related to Fire Gloves 5. Final Considerations and Study Limitations Acknowledgments References Chapter 9 Sustainable Surgical Gowns: Effective Means for the Prevention of Infection Risks Abstract 1. Introduction 2. Risk Management in Healthcare 3. Case Study 3.1. Study and Data Collection 3.2. Surgical Gowns 3.3. Circulation of the Surgical Gowns 3.4. Quality Control Tests 3.5. Questionnaire 4. Results and Discussion 4.1. Quality Control Tests 4.2. Sustainability 4.2.1. Washing/Disinfection Process 4.2.2. Sterilization Process 4.2.3. Solid Waste 4.3. Surgical Team Opinion Conclusion References Editors’ Contact Information Index Blank Page Blank Page
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