Risk And Decisions
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Risk
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Author : Zeger Degraeve
language : en
Publisher: Stationery Office/Tso
Release Date : 2004-01-01
Risk written by Zeger Degraeve and has been published by Stationery Office/Tso this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-01-01 with Business & Economics categories.
This publication, part of the Decision makers series, explores the key principles of successful risk management analysis and business decision-making, both for the professional and lay person, covering a range of aspects including psychology, information management, leadership and organisational culture. Topics dealt with include: the types of risk businesses can face; probability and impact; the theory and reality of risks and decision making; and effective responses when things go wrong. Featuring a number of real-world examples, the information is given in a modular structure, with suggestions for further reading.
Guide For Making Acute Risk Decisions
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Author : CCPS (Center for Chemical Process Safety)
language : en
Publisher: John Wiley & Sons
Release Date : 2019-10-15
Guide For Making Acute Risk Decisions written by CCPS (Center for Chemical Process Safety) and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-10-15 with Technology & Engineering categories.
This book presents a guidance on a large range of decision aids for risk analysts and decision makers in industry so that vital decisions can be made in a more consistent, logical, and rigorous manner. It provide good industry practices on how risk decision making is conducted in the chemical industry from many risk information sources as well as all the elements that need to be addressed to ensure good decisions are being made. Topics Include: Identifying Risk Decisions, A Risk Decision Strategy for Process Safety, Case Studies in Risk Decision Making Failures, Guidance on Selecting Decision Aids, Templates for Decision Making in Risk-Based Process Safety, Understanding Process Hazards & Worst Possible Consequences, Management of Change as an Exercise in Risk Identification, Inherently Safer Design as an Exercise in Risk Tradeoff Analysis, Using LOPA and Risk Matrices in Risk Decisions, Using CPQRA and Safety Risk Criteria in Risk Decisions, Group Decision Making, Avoiding Decision Traps, Documentation of Process Safety Risk Decisions
Principles Of Risk Analysis
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Author : Charles Yoe
language : en
Publisher: CRC Press
Release Date : 2019-01-30
Principles Of Risk Analysis written by Charles Yoe and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-01-30 with Technology & Engineering categories.
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.
Primer On Risk Analysis
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Author : Charles Yoe
language : en
Publisher: CRC Press
Release Date : 2016-04-19
Primer On Risk Analysis written by Charles Yoe and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-19 with Technology & Engineering categories.
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. Primer on Risk Analysis: Decision Making Under Uncertainty lays out the tasks of risk analysis in a
Principles Of Risk Analysis
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Author : Charles E. Yoe
language : en
Publisher:
Release Date : 2012
Principles Of Risk Analysis written by Charles E. Yoe and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Decision making categories.
"Preface I did not want to write this book. I wanted to buy it. Risk analysis is mature enough that it needs a principles text. There are many wonderful books available on the subject of risk. In fact, for years, in the training I have done, I used to schlep a dozen of them around for students to peruse. These I called the starter library. I urged people to buy them. Eventually I stopped carrying the books with me and started looking for that one book that would introduce students and professionals to the integrated topic of risk analysis. I never found it. So, I decided to go ahead and write it. Risk analysis is a very parochial subject matter and practice. There are many tribes of risk practitioners, and they speak many dialects. To be honest, I am not entirely sure the field is ready for anything one might call a principles text. We may never have enough agreement on the principles to so ordain them as a community of practice. Nonetheless, it has been my great fortune to have worked with a lot of people on many different applications of the risk analysis decision-making paradigm. This has included natural disasters, engineering, food safety, food defense, environmental issues, animals and plants, trade, quality management, business, finance, terrorism, defense applications, research, and other risk analysis applications. No matter how much the words and models changed from one application to the next, I found the basic principles were rather constant. Everyone was struggling to figure out how best to make good decisions when there are so many things we just don't know for sure. My major accomplishment in all of this was simply to learn the jargon of each field; then I stole liberally from the other fields, adapting ideas, methodologies, and models from one field"--Provided by publisher.
Risk And Decisions
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Author : W. T. Singleton
language : en
Publisher: Wiley
Release Date : 1995-02-07
Risk And Decisions written by W. T. Singleton and has been published by Wiley this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995-02-07 with Psychology categories.
Experienced practitioners from numerous disciplines clarify the concept of risk and standardize methods for decision making in risk technology and safety management. Reviews behavioural and systems aspects of risk and safety procedures in connection with work and danger as opposed to commerce or gambling.
Managing Risk And Uncertainty
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Author : Richard Friberg
language : en
Publisher: MIT Press
Release Date : 2015-11-27
Managing Risk And Uncertainty written by Richard Friberg and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-11-27 with Business & Economics categories.
A comprehensive framework for assessing strategies for managing risk and uncertainty, integrating theory and practice and synthesizing insights from many fields. This book offers a framework for making decisions under risk and uncertainty. Synthesizing research from economics, finance, decision theory, management, and other fields, the book provides a set of tools and a way of thinking that determines the relative merits of different strategies. It takes as its premise that we make better decisions if we use the whole toolkit of economics and related fields to inform our decision making. The text explores the distinction between risk and uncertainty and covers standard models of decision making under risk as well as more recent work on decision making under uncertainty, with a particular focus on strategic interaction. It also examines the implications of incomplete markets for managing under uncertainty. It presents four core strategies: a benchmark strategy (proceeding as if risk and uncertainty were low), a financial hedging strategy (valuable if there is much risk), an operational hedging strategy (valuable for conditions of much uncertainty), and a flexible strategy (valuable if there is much risk and/or uncertainty). The book then examines various aspects of these strategies in greater depth, building on empirical work in several different fields. Topics include price-setting, real options and Monte Carlo techniques, organizational structure, and behavioral biases. Many chapters include exercises and appendixes with additional material. The book can be used in graduate or advanced undergraduate courses in risk management, as a guide for researchers, or as a reference for management practitioners.
Risk Assessment And Decision Making In Business And Industry
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Author : Glenn Koller
language : en
Publisher: CRC Press
Release Date : 1999-03-01
Risk Assessment And Decision Making In Business And Industry written by Glenn Koller and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-03-01 with Mathematics categories.
Risk Assessment and Decision Making in Business and Industry: A Practical Guide presents an accessible treatment of the procedures and technologies involved in designing and building risk-assessment processes and models. Areas examined include: brokerage-house portfolio management legal decision making construction oil/gas exploration environmental assessments engineering marketing government manufacturing The entire volume is presented as a narrative, keeping statistical jargon to a minimum and explaining all concepts, techniques, and processes in a straightforward manner. The author emphasizes that the technical aspects of a risk-assessment and decision-making effort are secondary to the cultural, organizational, and interpersonal facets of establishing a framework. "Practical" is the operative term throughout the text. Risk Assessment and Decision Making in Business and Industry: A Practical Guide enables readers who are not risk experts to effect an easy execution of the risk model building effort.
Handbook On Decision Making
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Author : Jie Lu
language : en
Publisher: Springer
Release Date : 2012-04-19
Handbook On Decision Making written by Jie Lu and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-04-19 with Computers categories.
This book presents innovative theories, methodologies, and techniques in the field of risk management and decision making. It introduces new research developments and provides a comprehensive image of their potential applications to readers interested in the area. The collection includes: computational intelligence applications in decision making, multi-criteria decision making under risk, risk modelling,forecasting and evaluation, public security and community safety, risk management in supply chain and other business decision making, political risk management and disaster response systems. The book is directed to academic and applied researchers working on risk management, decision making, and management information systems.
Principles Of Risk Based Decision Making
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Author : In c. ABS Consulting
language : en
Publisher: Bloomsbury Publishing PLC
Release Date : 2002-02-01
Principles Of Risk Based Decision Making written by In c. ABS Consulting and has been published by Bloomsbury Publishing PLC this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-02-01 with Business & Economics categories.
Principles of Risk-Based Decision Making provides managers with the foundation for creating a proactive organizational culture that systematically incorporates risk into key decision-making processes. Based on methodology adopted by a number of organizations including the federal government, this book examines risk-based decision making as a process for organizing information about the possibility for unwanted outcomes in a simple, practical way that helps decision makers make timely, informed management choices that minimize harmful effects on safety and health, the environment, property loss, or mission success. Citing practical examples, charts, and checklists, the authors break the risk-based decision making process into five key components: establishing the decision structure, performing the risk assessment, managing sufficient risks, monitoring effectiveness of adopted risk controls through impact assessment, and facilitating risk communication. They examine each component in detail and outline available decision analysis and risk assessment tools that aid in each of these risk-based decision making functions. This book also walks readers through eight project management steps-from scoping a risk assessment to evaluating the recommendations-the components of each, and the importance of these steps to the success of a risk assessment. Special features include a table for applying the risk-based decision-making process, a hazard identification guidesheet, an example of human error, an acronym list, and a glossary.