A risk-metric framework that supports Enterprise Risk Management is described. At the heart of the framework is the notion of a risk profile that provides risk measurement for risk elements. By providing a generic template in which metrics can be codified in terms of metric space operators, risk profiles can be used to construct a variety of risk measures for different business contexts. These ...

Every manufacturing organization faces undesirable and unwanted setback in its day to day operations. These are referred to as operational disturbances in this research. The disturbances put an organization at production, economic and occupational risks. To deal with these risks, an organization needs to implement an appropriate risk management process, which is what this paper aims for. In thi...

Purpose – The purpose of this paper is to review published approaches to supply chain risk management, to include identification and classification of types of risks, cases, and models. Specific aspects of risk in supply chains involving China are also addressed. Design/methodology/approach – Literature review provides sources which are synthesized. Findings – A generic framework is identified,...

A dynamic software risk assessment model is presented. Analogies between dynamic financial analysis and software risk assessment models are established and based on these analogies it suggested that dynamic risk model for software projects is the way to move forward for the risk assessment of software project. It is shown how software risk assessment change during different phases of a software...

Risk management that is one of the knowledge areas of software project management process, has a direct impact on the success of the Project. the success of the project can be estimated in the project first phase by creating a predictive risk model with the risks and results in similar projects. For this purpose, the studies on risk estimation and risk evaluation have started to show increase i...

Once a fairly esoteric subject, risk analysis and measurement has become a critical function for both portfolio managers and traders. Yet, there are many practical challenges in accurately measuring and analyzing risk. These range from the construction of accurate and up-to-date risk models to subtle issues in the interpretation of the results of these models. This article provides a detailed o...

For a variety of reasons, many bank and corporate finance executives are implementing enterprise risk management systems to better understand and manage the firm’s risks. Our objective is to provide tools that evaluate the accuracy of the output from these systems. Especially in markets where the risks are large and complex, such as energy firms, it is crucial to establish the accuracy of the r...

Cloud computing is heralded to be one of the most significant information technology developments in recent years. There is widespread agreement that the adoption of cloud resources and capabilities is poised for strong growth into the future. Nevertheless, there is paucity of research concerning the perceived risks that affect the adoption intentions of prospective organisational adopters. In ...

Enterprise Risk Management (ERM) is a process that manages all risks in an integrated, holistic fashion by controlling and coordinating offsetting risks across the enterprise. This research investigates whether the adoption of the ERM approach affects firms’ cost of equity capital. We restrict our analysis to the U.S. insurance industry to control for unobservable differences in business models...

In recent years, risk management and analysis has attracted a great deal of attention from both researchers and practitioners. Enterprise risk management has become an important topic in today’smore complex, interrelated global business environment, replete with threats from natural, political, economic, and technical sources. This survey and introductory article addresses computerized tools us...