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TABLE OF CONTENT
1. Introduction 1
4. Management Risk 5
5. Conclusion 7
5.1 Reference 7
Bibliographical 8
1. INTRODUCTION
RISK DEFINITION
whereby the risks with the greatest loss and the greatest
versus a risk with high loss but lower probability of occurrence can
often be mishandled.
TYPE OF RISKS
will cost too much to operate and maintain over its like cycle in
When new people are hired some of the negative aspects are
RISK MANAGEMENT
another party, avoiding the risk, reducing the negative effect of the
risk.
increase.
RISK ASSESSMENT
Risk assessments are conducted to estimate how much damage
damage.
technical areas.
risk assessment vary with the kind of risk and its possible
consequences. A more specific discussion of these elements for
nature and extent of the risk. The principal topics include the kinds
of health effects likely to arise, the risk’s potency (i.e., the severity
associated with the risk agent. (Often this figure has been in the
need to provide deeper insight into how risk estimates and findings
RISK IDENTIFICATION
can start with the source of problems, or with the problem itself.
Boeing 747 during takeoff may make all people onboard immediate
casualties.
be found in CMU/SEI-93-TR-6.
risks are available. Each risk in the list can be checked for
resources and consider the threats they are exposed to and the
and examine which resources they would affect, or one can begin
Ownership Risk
Ownership risk is a concept of many dimensions and
interpretations. The most important aspect of ownership is a clear
mutual understanding of the responsibilities among partied to a
contract and/or the responsibilities among parties to a co-operation
venture.
5. CONCLUSION
5.1 REFERENCE
1. system engineering, An introduction to the design of large scale
system H.H. Goode & R.E Machol, McGraw, Hill, 1957
2. System Engineering Management Dedense systems
management college, 1989
3. System Engineering management, “B.J. Blanchard, John Wiley
& Sons Inc. 1991
4. Douglas Hubbard "The Failure of Risk Management: Why It's
Broken and How to Fix It" pg. 46, John Wiley & Sons, 2009
5. ISO/IEC Guide 73:2002 (2002). Risk management --
Vocabulary -- Guidelines for use in standards. International
Organization for Standardization.
http://www.iso.org/iso/catalogue_detail?csnumber=34998.
6. ISO/DIS 31000 (2009). Risk management -- Principles and
guidelines on implementation. International Organization for
Standardization.
http://www.iso.org/iso/iso_catalogue/catalogue_tc/catalogue_de
tail.htm?csnumber=43170.
7. "Committee Draft of ISO 31000 Risk management" (PDF).
International Organization for Standardization.
http://www.nsai.ie/uploads/file/N047_Committee_Draft_of_ISO_
31000.pdf.
8. Disaster Recovery Journal
9. Dorfman, Mark S. (2007). Introduction to Risk Management and
Insurance (9th Edition). Englewood Cliffs, N.J: Prentice Hall.
ISBN 0-13-224227-3.
10. Roehrig, P (2006) Bet On Governance To Manage Outsourcing
Risk. Business Trends Quarterly
11. http://www.rff.org/rff/Publications/upload/14418_1.pdf
BIBLIOGRAPHICAL
1. Risk management, concepts and Guidance, “ Derhense systems