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PROCHÁZKOVÁ, M. SCHÜLLEROVÁ, B. ADAMEC, V.
Original Title
A proposal of risk assessment and identification including the risk unpredictable in corporate sphere
Type
conference paper
Language
English
Original Abstract
Detailed risk identification, analysis and assessment are an inseparable part of risk management, which aims to identify all threats which could affect the function of a business and the processes taking place there. The impact of the risks related to the business operation may significantly affect not only the business itself but also its sur-roundings. The objective of the management is then to minimize the risks. These issues may also be related to determining the extent of potential damage, which may be determined using a combination of risk and forensic engineering methods. Application of risk analysis methods in this case may be used not only as prevention but also to receive a quick response to an undesirable situation which has arisen, in order to prevent the consequent danger. The aim of this paper is to propose and apply selected risk analysis methods in order to identify and minimize damage caused by risks related to corporate processes. Focus will also be given to the assessment of unpredictable risk, which may have fatal consequences for the business, so-called black swans.
Keywords
risk analysis, risk identification, risk assessment, damage minimization, black swans
Authors
PROCHÁZKOVÁ, M.; SCHÜLLEROVÁ, B.; ADAMEC, V.
RIV year
2015
Released
29. 10. 2015
Publisher
ČVUT v Praze, Fakulta dopravní - Ústav bezpečnostních technologií a inženýrství
Location
ISBN
978-80-01-05831-2
Book
Selected Risks of Business Praha 2015
Edition number
1
Pages from
126
Pages to
135
Pages count
10
URL
http://rpp.fvtm.ujep.cz/view.php?cisloaktuality=2008111401&mn=11
BibTex
@inproceedings{BUT117948, author="Michaela {Procházková} and Barbora {Popelová} and Vladimír {Adamec}", title="A proposal of risk assessment and identification including the risk unpredictable in corporate sphere ", booktitle="Selected Risks of Business Praha 2015", year="2015", number="1", pages="126--135", publisher="ČVUT v Praze, Fakulta dopravní - Ústav bezpečnostních technologií a inženýrství", address="ČVUT v Praze, Fakulta dopravní - Ústav bezpečnostních technologií a inženýrství", isbn="978-80-01-05831-2", url="http://rpp.fvtm.ujep.cz/view.php?cisloaktuality=2008111401&mn=11" }