Title :
Operational risk management
Author :
Beroggi, Giampiero E G ; Wallace, William A.
Author_Institution :
Dept. of Syst. Eng., Policy Anal. & Manage., Delft Univ. of Technol., Netherlands
Abstract :
Risk management of human-technological systems has focused on strategic planning for prevention, mitigation, response and recovery activities. The growing availability and accessibility of advanced information and communications technologies provide the opportunity for operational risk management (ORM). In this paper, the authors define ORM and summarize their research results as reported in their most recent book. This paper highlights the core concepts of ORM, discusses decision support technologies for ORM, and presents applications in transportation and emergency response
Keywords :
risk management; strategic planning; core concepts; decision support technologies; emergency response; human-technological systems; mitigation; operational risk management; prevention; recovery; response; strategic planning; transportation; Communication system control; Communications technology; Decision making; Decision support systems; Humans; Logic; Real time systems; Risk management; Strategic planning; Technology management;
Conference_Titel :
Engineering and Technology Management, 1998. Pioneering New Technologies: Management Issues and Challenges in the Third Millennium. IEMC '98 Proceedings. International Conference on
Conference_Location :
San Juan, PR
Print_ISBN :
0-7803-5082-0
DOI :
10.1109/IEMC.1998.727802
