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Risk management : an overview / Delfina Gabriela Garrido Ramos and Luis Almeida, editors.
- Format:
- Book
- Series:
- Business issues, competition and entrepreneurship series.
- Business issues, competition and entrepreneurship
- Language:
- English
- Subjects (All):
- Risk management.
- Physical Description:
- 1 online resource (268 pages)
- Place of Publication:
- New York : Nova Science Publishers, [2021]
- Summary:
- "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"-- Provided by publisher.
- Notes:
- Description based on print version record.
- Includes bibliographical references and index.
- ISBN:
- 1-68507-242-9
- OCLC:
- 1281975942
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