Download or read book Risk and Decision Making written by and published by . This book was released on 2000 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Principles of Risk Based Decision Making written by In c. ABS Consulting and published by Government Institutes. This book was released on 2002-02 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Principles of Risk Analysis written by Charles Yoe and published by CRC Press. This book was released on 2016-04-19 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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. Principles of Risk Analysis: Decision Making Under Uncertainty lays out the tasks of risk analysis i

Download or read book Handbook on Decision Making written by Jie Lu and published by Springer Science & Business Media. This book was released on 2012-03-15 with total page 457 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Science and Decisions written by National Research Council and published by National Academies Press. This book was released on 2009-03-24 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk assessment has become a dominant public policy tool for making choices, based on limited resources, to protect public health and the environment. It has been instrumental to the mission of the U.S. Environmental Protection Agency (EPA) as well as other federal agencies in evaluating public health concerns, informing regulatory and technological decisions, prioritizing research needs and funding, and in developing approaches for cost-benefit analysis. However, risk assessment is at a crossroads. Despite advances in the field, risk assessment faces a number of significant challenges including lengthy delays in making complex decisions; lack of data leading to significant uncertainty in risk assessments; and many chemicals in the marketplace that have not been evaluated and emerging agents requiring assessment. Science and Decisions makes practical scientific and technical recommendations to address these challenges. This book is a complement to the widely used 1983 National Academies book, Risk Assessment in the Federal Government (also known as the Red Book). The earlier book established a framework for the concepts and conduct of risk assessment that has been adopted by numerous expert committees, regulatory agencies, and public health institutions. The new book embeds these concepts within a broader framework for risk-based decision-making. Together, these are essential references for those working in the regulatory and public health fields.

Download or read book Risk Assessment and Decision Making in Business and Industry written by Glenn Koller and published by CRC Press. This book was released on 2005-03-30 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: Building upon the technical and organizational groundwork presented in the first edition, Risk Assessment and Decision Making in Business and Industry: A Practical Guide, Second Edition addresses the many aspects of risk/uncertainty (R/U) process implementation. This comprehensive volume covers four broad aspects of R/U: general concepts, i

Download or read book Engineering Decision Making and Risk Management written by Jeffrey W. Herrmann and published by John Wiley & Sons. This book was released on 2015-04-06 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: IIE/Joint Publishers Book of the Year Award 2016! Awarded for ‘an outstanding published book that focuses on a facet of industrial engineering, improves education, or furthers the profession’. Engineering Decision Making and Risk Management emphasizes practical issues and examples of decision making with applications in engineering design and management Featuring a blend of theoretical and analytical aspects, this book presents multiple perspectives on decision making to better understand and improve risk management processes and decision-making systems. Engineering Decision Making and Risk Management uniquely presents and discusses three perspectives on decision making: problem solving, the decision-making process, and decision-making systems. The author highlights formal techniques for group decision making and game theory and includes numerical examples to compare and contrast different quantitative techniques. The importance of initially selecting the most appropriate decision-making process is emphasized through practical examples and applications that illustrate a variety of useful processes. Presenting an approach for modeling and improving decision-making systems, Engineering Decision Making and Risk Management also features: Theoretically sound and practical tools for decision making under uncertainty, multi-criteria decision making, group decision making, the value of information, and risk management Practical examples from both historical and current events that illustrate both good and bad decision making and risk management processes End-of-chapter exercises for readers to apply specific learning objectives and practice relevant skills A supplementary website with instructional support material, including worked solutions to the exercises, lesson plans, in-class activities, slides, and spreadsheets An excellent textbook for upper-undergraduate and graduate students, Engineering Decision Making and Risk Management is appropriate for courses on decision analysis, decision making, and risk management within the fields of engineering design, operations research, business and management science, and industrial and systems engineering. The book is also an ideal reference for academics and practitioners in business and management science, operations research, engineering design, systems engineering, applied mathematics, and statistics.

Download or read book Handbook for Environmental Risk Decision Making written by C. Richard Cothern and published by CRC Press. This book was released on 2019-07-17 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook describes the broad aspects of risk management involving scientific policy judgment, uncertainty analysis, perception considerations, statistical insights, and strategic thinking. This book presents all the important concepts to enable the reader to "see the big picture." This ability is extremely important - it allows the decision maker or strategic environmental planner to understand and cope with a wide variety of complex and interlinked pieces of information and data. The text presents environmental problems and, whenever applicable, the methodology required to reach a successful solution. Decisions and policies are examined. The book covers numerous objective and subjective components of environmental risk decision making. It details quantitative and comparative risk, and investigates the cost and feasibility of different decisions. Social pressures, safety, and political, religious, ethical, and psychological issues are addressed. How to evaluate the potential impact on the quality of life also is discussed. Any company doing risk assessment, risk management, or risk communication, as well as those doing environmental decision making will find this reference to be invaluable. It is also suitable as a text for courses in environmental management, environmental science, and risk assessment in the areas of risk management and strategic environmental planning.

Download or read book Risk Taking and Decision Making written by and published by Stanford University Press. This book was released on 1998-02 with total page 540 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risks are an integral part of complex, high-stakes decisions, and decisionmakers are faced with the unavoidable tasks of assessing risks and forming risk preferences. This is true for all decision domains, including financial, environmental, and foreign policy domains, among others. How well decisionmakers deal with risk affects, to a considerable extent, the quality of their decisions. This book provides the most comprehensive analysis available of the elements that influence risk judgments and preferences. The book has two dimensions: theoretical and comparative-historical. The study of risk-taking behavior has been dominated by the rational choice approach. Instead, the author adopts a socio-cognitive approach involving: a multivariate theory integrating contextual, cognitive, motivational, and personality factors that affect an individual decisionmaker's judgment and preferences; the social interaction and structural effects of the decisionmaking group and its organizational setting; and the role of cultural-societal values and norms that sanction or discourage risk taking behavior. The book's theoretical approach is applied and tested in five historical case studies of foreign military interventions. The richly detailed empirical data on the case studies make them, metaphorically speaking, an ideal laboratory for applying a process-tracing approach in studying judgment and decision processes at varying risk levels. The case studies analyzed are: U.S. interventions in Grenada in 1983 and Panama in 1989 (both low risk); Soviet intervention in Czechoslovakia in 1968 (moderate risk): U.S. intervention in Vietnam in 1964-68 (high risk); and Israel's intervention in Lebanon in 1982-83 (high risk).

Download or read book Construction Risk Management Decision Making written by Alex C. Arthur and published by John Wiley & Sons. This book was released on 2021-12-13 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: CONSTRUCTION RISK MANAGEMENT DECISION MAKING Explores the relevance of systems thinking and behavioral science in construction risk management Effective risk management is a vital component of all successful construction projects. Although quantitative tools for evaluating data and minimizing risk are readily available, construction managers commonly adopt a more innate, experience-based approach. In Construction Risk Management Decision Making, project manager and senior consultant Alex C. Arthur provides step-by-step advice on assessing and prioritizing risk using qualitative decision-making systems in the construction industry. Incorporating key theories and concepts from systems thinking and behavioral science, this highly practical guide focuses on the behavior patterns of real people in the industry, rather than complex quantitative techniques and data. Concise, easy-to-understand chapters highlight the current practices of construction risk management while helping readers view risk and decision making from a broader perspective. Throughout the book, the author presents invaluable insights into the ways construction professionals think and behave in the real world. Addresses the actual risk management practices of construction professionals Applies human behavioral theories to the study of construction risk management decision making Illustrates the highly intuitive approaches prevalent in various construction projects Features real-life case studies and practical examples throughout Construction Risk Management Decision Making is an excellent textbook for advanced students in project management, engineering, construction, and surveying courses, and a must-have guide for practitioners of construction management, surveying, and architecture.

Download or read book Risk Communication and Vaccination written by Institute of Medicine and published by National Academies Press. This book was released on 1997-08-10 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Quantitative Risk Management and Decision Making in Construction written by Amarjit Singh and published by ASCE Press. This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Singh introduces valuable techniques for weighing and evaluating alternatives in decision making with a focus on risk analysis for identifying, quantifying, and mitigating risks associated with construction projects.

Download or read book Global Risk Agility and Decision Making written by Daniel Wagner and published by Springer. This book was released on 2016-08-12 with total page 439 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Global Risk Agility and Decision Making, Daniel Wagner and Dante Disparte, two leading authorities in global risk management, make a compelling case for the need to bring traditional approaches to risk management and decision making into the twenty-first century. Based on their own deep and multi-faceted experience in risk management across numerous firms in dozens of countries, the authors call for a greater sense of urgency from corporate boards, decision makers, line managers, policymakers, and risk practitioners to address and resolve the plethora of challenges facing today’s private and public sector organizations. Set against the era of manmade risk, where transnational terrorism, cyber risk, and climate change are making traditional risk models increasingly obsolete, they argue that remaining passively on the side-lines of the global economy is dangerous, and that understanding and actively engaging the world is central to achieving risk agility. Their definition of risk agility taps into the survival and risk-taking instincts of the entrepreneur while establishing an organizational imperative focused on collective survival. The agile risk manager is part sociologist, anthropologist, psychologist, and quant. Risk agility implies not treating risk as a cost of doing business, but as a catalyst for growth. Wagner and Disparte bring the concept of risk agility to life through a series of case studies that cut across industries, countries and the public and private sectors. The rich, real-world examples underscore how once mighty organizations can be brought to their knees—and even their demise by simple miscalculations or a failure to just do the right thing. The reader is offered deep insights into specific risk domains that are shaping our world, including terrorism, cyber risk, climate change, and economic resource nationalism, as well as a frame of reference from which to think about risk management and decision making in our increasingly complicated world. This easily digestible book will shed new light on the often complex discipline of risk management. Readers will learn how risk management is being transformed from a business prevention function to a values-based framework for thriving in increasingly perilous times. From tackling governance structures and the tone at the top to advocating for greater transparency and adherence to value systems, this book will establish a new generation of risk leader, with clarion voices calling for greater risk agility. The rise of agile decision makers coincides with greater resilience and responsiveness in the era of manmade risk.

Download or read book Risk and Decision Making written by and published by National Academies Press. This book was released on 1982-01-01 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Risky Decision Making in Psychological Disorders written by Melissa Buelow and published by Academic Press. This book was released on 2020-05-01 with total page 413 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risky Decision Making in Psychological Disorders provides readers with a detailed examination of how risky decision making is affected by a wide array of individual psychological disorders. The book starts by providing important background information on the construct of risky decision making, the assessment of risky decision making, and the neuroscience behind such decision making. The Iowa Gambling Task, Balloon Analogue Risk Task, and other behavioral measures are covered, as are topics such as test reliability and the pros and cons of utilizing tasks that have strong practice effects. The book then moves into how risky decision making is affected by specific psychological disorders, such as addictive behaviors, anxiety disorders, mood disorders, schizophrenia, sleep disorders, eating disorders, and more. Explores how risky decision making is affected by different psychological disorders Examines risky decision making and ADHD, psychosis, mood/anxiety disorders, and more Synthesizes the research on risky decision making Discusses merits/limitations of the Iowa Gambling Task and other behavioral measures Covers risky decision making and its associations with other executive functions

Download or read book Decision Making Assessment and Risk in Social Work written by Brian J. Taylor and published by Learning Matters. This book was released on 2017-04-10 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: At a time when accountability and the avoidance of risk are increasingly demanded of social workers, the ability to make clear and informed decisions is essential. This book, written for practicing social workers undertaking their ASYE and compulsory CPD, has been designed to help professionals make sound judgments in increasingly complex contexts and under pressure. The focus is on empowering front-line professionals through reflective practice, so that they are able to draw on multiple factors and perspectives and make sound problem-solving judgements. The book begins with the core concepts, client focus, and legal background before moving on to consider the collaborative processes and the nature of individual judgements. It then considers particular dimensions of social work decision making, such as safeguarding, taking risks, assessment and dynamic decision tools and processes. It then concludes by look at the organisational context of decision management, with a focus on supervision, training and effective communication.

Download or read book Risk Modeling for Determining Value and Decision Making written by Glenn Koller and published by CRC Press. This book was released on 2000-05-17 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk or uncertainty assessments are used as aids to decision making in nearly every aspect of business, education, and government. As a follow-up to the author's bestselling Risk Assessment and Decision Making in Business and Industry: A Practical Guide, Risk Modeling for Determining Value and Decision Making presents comprehensive examples of risk