Principles of Risk-Based Decision Making

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Author :
Publisher : Government Institutes
ISBN 13 : 0865879087
Total Pages : 225 pages
Book Rating : 4.8/5 (658 download)

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Book Synopsis Principles of Risk-Based Decision Making by : In c. ABS Consulting

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.

Principles of Risk Analysis

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Publisher : CRC Press
ISBN 13 : 1439857504
Total Pages : 576 pages
Book Rating : 4.4/5 (398 download)

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Book Synopsis Principles of Risk Analysis by : Charles Yoe

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

Risk Assessment and Decision Making in Business and Industry

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Publisher : CRC Press
ISBN 13 : 1420035053
Total Pages : 351 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Risk Assessment and Decision Making in Business and Industry by : Glenn Koller

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

Science and Decisions

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Publisher : National Academies Press
ISBN 13 : 0309120462
Total Pages : 422 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Science and Decisions by : National Research Council

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.

Guidelines for Risk Based Process Safety

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Publisher : John Wiley & Sons
ISBN 13 : 111820963X
Total Pages : 761 pages
Book Rating : 4.1/5 (182 download)

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Book Synopsis Guidelines for Risk Based Process Safety by : CCPS (Center for Chemical Process Safety)

Download or read book Guidelines for Risk Based Process Safety written by CCPS (Center for Chemical Process Safety) and published by John Wiley & Sons. This book was released on 2011-11-30 with total page 761 pages. Available in PDF, EPUB and Kindle. Book excerpt: Guidelines for Risk Based Process Safety provides guidelines for industries that manufacture, consume, or handle chemicals, by focusing on new ways to design, correct, or improve process safety management practices. This new framework for thinking about process safety builds upon the original process safety management ideas published in the early 1990s, integrates industry lessons learned over the intervening years, utilizes applicable "total quality" principles (i.e., plan, do, check, act), and organizes it in a way that will be useful to all organizations - even those with relatively lower hazard activities - throughout the life-cycle of a company.

Foundations of Risk Analysis

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Publisher : John Wiley & Sons
ISBN 13 : 0470871237
Total Pages : 208 pages
Book Rating : 4.4/5 (78 download)

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Book Synopsis Foundations of Risk Analysis by : Terje Aven

Download or read book Foundations of Risk Analysis written by Terje Aven and published by John Wiley & Sons. This book was released on 2004-01-09 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Everyday we face decisions that carry an element of risk and uncertainty. The ability to analyse, communicate and control the level of risk entailed by these decisions remains one of the most pressing challenges to the analyst, scientist and manager. This book presents the foundational issues in risk analysis ? expressing risk, understanding what risk means, building risk models, addressing uncertainty, and applying probability models to real problems. The principal aim of the book is to give the reader the knowledge and basic thinking they require to approach risk and uncertainty to support decision making. Presents a statistical framework for dealing with risk and uncertainty. Includes detailed coverage of building and applying risk models and methods. Offers new perspectives on risk, risk assessment and the use of parametric probability models. Highlights a number of applications from business and industry. Adopts a conceptual approach based on elementary probability calculus and statistical theory. Foundations of Risk Analysis provides a framework for understanding, conducting and using risk analysis suitable for advanced undergraduates, graduates, analysts and researchers from statistics, engineering, finance, medicine and the physical sciences, as well as for managers facing decision making problems involving risk and uncertainty.

Understanding Risk

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Publisher : National Academies Press
ISBN 13 : 0309089565
Total Pages : 264 pages
Book Rating : 4.3/5 (9 download)

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Book Synopsis Understanding Risk by : National Research Council

Download or read book Understanding Risk written by National Research Council and published by National Academies Press. This book was released on 1996-07-05 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding Risk addresses a central dilemma of risk decisionmaking in a democracy: detailed scientific and technical information is essential for making decisions, but the people who make and live with those decisions are not scientists. The key task of risk characterization is to provide needed and appropriate information to decisionmakers and the public. This important new volume illustrates that making risks understandable to the public involves much more than translating scientific knowledge. The volume also draws conclusions about what society should expect from risk characterization and offers clear guidelines and principles for informing the wide variety of risk decisions that face our increasingly technological society. Frames fundamental questions about what risk characterization means. Reviews traditional definitions and explores new conceptual and practical approaches. Explores how risk characterization should inform decisionmakers and the public. Looks at risk characterization in the context of the entire decisionmaking process. Understanding Risk discusses how risk characterization has fallen short in many recent controversial decisions. Throughout the text, examples and case studiesâ€"such as planning for the long-term ecological health of the Everglades or deciding on the operation of a waste incineratorâ€"bring key concepts to life. Understanding Risk will be important to anyone involved in risk issues: federal, state, and local policymakers and regulators; risk managers; scientists; industrialists; researchers; and concerned individuals.

Handbook on Decision Making

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Publisher : Springer Science & Business Media
ISBN 13 : 3642257550
Total Pages : 457 pages
Book Rating : 4.6/5 (422 download)

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Book Synopsis Handbook on Decision Making by : Jie Lu

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.

Enhancing Food Safety

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Publisher : National Academies Press
ISBN 13 : 0309163587
Total Pages : 589 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Enhancing Food Safety by : National Research Council

Download or read book Enhancing Food Safety written by National Research Council and published by National Academies Press. This book was released on 2010-11-04 with total page 589 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent outbreaks of illnesses traced to contaminated sprouts and lettuce illustrate the holes that exist in the system for monitoring problems and preventing foodborne diseases. Although it is not solely responsible for ensuring the safety of the nation's food supply, the U.S. Food and Drug Administration (FDA) oversees monitoring and intervention for 80 percent of the food supply. The U.S. Food and Drug Administration's abilities to discover potential threats to food safety and prevent outbreaks of foodborne illness are hampered by impediments to efficient use of its limited resources and a piecemeal approach to gathering and using information on risks. Enhancing Food Safety: The Role of the Food and Drug Administration, a new book from the Institute of Medicine and the National Research Council, responds to a congressional request for recommendations on how to close gaps in FDA's food safety systems. Enhancing Food Safety begins with a brief review of the Food Protection Plan (FPP), FDA's food safety philosophy developed in 2007. The lack of sufficient detail and specific strategies in the FPP renders it ineffectual. The book stresses the need for FPP to evolve and be supported by the type of strategic planning described in these pages. It also explores the development and implementation of a stronger, more effective food safety system built on a risk-based approach to food safety management. Conclusions and recommendations include adopting a risk-based decision-making approach to food safety; creating a data surveillance and research infrastructure; integrating federal, state, and local government food safety programs; enhancing efficiency of inspections; and more. Although food safety is the responsibility of everyone, from producers to consumers, the FDA and other regulatory agencies have an essential role. In many instances, the FDA must carry out this responsibility against a backdrop of multiple stakeholder interests, inadequate resources, and competing priorities. Of interest to the food production industry, consumer advocacy groups, health care professionals, and others, Enhancing Food Safety provides the FDA and Congress with a course of action that will enable the agency to become more efficient and effective in carrying out its food safety mission in a rapidly changing world.

World-Class Risk Management

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Author :
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781511997775
Total Pages : 0 pages
Book Rating : 4.9/5 (977 download)

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Book Synopsis World-Class Risk Management by : Norman Marks

Download or read book World-Class Risk Management written by Norman Marks and published by Createspace Independent Publishing Platform. This book was released on 2015-06-13 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considers why many top executives do not link risk management to organisational effectiveness. Examines how risk relates to strategy-setting and identifies each risk management activity. Advises that risk is an integral part of day-to-day management rather than a periodic exercise.

Science and Judgment in Risk Assessment

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Publisher : National Academies Press
ISBN 13 : 030904894X
Total Pages : 668 pages
Book Rating : 4.3/5 (9 download)

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Book Synopsis Science and Judgment in Risk Assessment by : National Research Council

Download or read book Science and Judgment in Risk Assessment written by National Research Council and published by National Academies Press. This book was released on 1994-01-01 with total page 668 pages. Available in PDF, EPUB and Kindle. Book excerpt: The public depends on competent risk assessment from the federal government and the scientific community to grapple with the threat of pollution. When risk reports turn out to be overblownâ€"or when risks are overlookedâ€"public skepticism abounds. This comprehensive and readable book explores how the U.S. Environmental Protection Agency (EPA) can improve its risk assessment practices, with a focus on implementation of the 1990 Clean Air Act Amendments. With a wealth of detailed information, pertinent examples, and revealing analysis, the volume explores the "default option" and other basic concepts. It offers two views of EPA operations: The first examines how EPA currently assesses exposure to hazardous air pollutants, evaluates the toxicity of a substance, and characterizes the risk to the public. The second, more holistic, view explores how EPA can improve in several critical areas of risk assessment by focusing on cross-cutting themes and incorporating more scientific judgment. This comprehensive volume will be important to the EPA and other agencies, risk managers, environmental advocates, scientists, faculty, students, and concerned individuals.

Environmental and Health Risk Assessment and Management

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 1402037767
Total Pages : 494 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Environmental and Health Risk Assessment and Management by : Paolo Ricci

Download or read book Environmental and Health Risk Assessment and Management written by Paolo Ricci and published by Springer Science & Business Media. This book was released on 2006-01-27 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about the legal, economical, and practical assessment and management of risky activities arising from routine, catastrophic environmental and occupational exposures to hazardous agents. It includes a discussion of aspects of US and European Union law concerning risky activities, and then develops the economic analyses that are relevant to implementing choices within a supply and demand framework. The book also discusses exposure-response and time-series models used in assessing air and water pollution, as well as probabilistic cancer models, including toxicological compartmental, pharmaco-kinetic models and epidemiological relative risks and odds ratios-based models. Statistical methods to measure agreement, correlation and discordance are also developed. The methods and criteria of decision-analysis, including several measures of value of information (VOI) conclude the expositions. This book is an excellent text for students studying risk assessment and management.

OECD Reviews of Regulatory Reform Risk and Regulatory Policy Improving the Governance of Risk

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Publisher : OECD Publishing
ISBN 13 : 926408293X
Total Pages : 251 pages
Book Rating : 4.2/5 (64 download)

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Book Synopsis OECD Reviews of Regulatory Reform Risk and Regulatory Policy Improving the Governance of Risk by : OECD

Download or read book OECD Reviews of Regulatory Reform Risk and Regulatory Policy Improving the Governance of Risk written by OECD and published by OECD Publishing. This book was released on 2010-04-09 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication presents recent OECD papers on risk and regulatory policy. They offer measures for developing, or improving, coherent risk governance policies.

Risk Management in Blood Transfusion Medicine

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Publisher : Elsevier Health Sciences
ISBN 13 : 0323548385
Total Pages : 181 pages
Book Rating : 4.3/5 (235 download)

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Book Synopsis Risk Management in Blood Transfusion Medicine by : J. Mills Barbeau

Download or read book Risk Management in Blood Transfusion Medicine written by J. Mills Barbeau and published by Elsevier Health Sciences. This book was released on 2019-01-03 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: Get a quick, expert overview of risk management in transfusion medicine from Dr. James Mills Barbeau. This practical resource presents a summary of today's state-of-the-art techniques for reducing harm during all phases of transfusion practice, including blood collection, testing, processing, clinical assessment, and transfusion. It's an easy-to-read, one-stop resource for managing and mitigating the various levels of risk in a variety of transfusion settings and scenarios. - Presents a well-rounded perspective on quality assurance, blood supply testing, clinical risk, ethical and legal considerations, and transfusion-transmitted infectious diseases. - Demonstrates how transfusion risk-management programs add value to health care institutions by enhancing a culture of safety, improving the institution's reputation, and improving the bottom line. - Consolidates today's available information on risk management in blood transfusion medicine into one convenient resource.

Enterprise Security Risk Management

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Publisher : Rothstein Publishing
ISBN 13 : 1944480439
Total Pages : 407 pages
Book Rating : 4.9/5 (444 download)

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Book Synopsis Enterprise Security Risk Management by : Brian Allen, Esq., CISSP, CISM, CPP, CFE

Download or read book Enterprise Security Risk Management written by Brian Allen, Esq., CISSP, CISM, CPP, CFE and published by Rothstein Publishing. This book was released on 2017-11-29 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: As a security professional, have you found that you and others in your company do not always define “security” the same way? Perhaps security interests and business interests have become misaligned. Brian Allen and Rachelle Loyear offer a new approach: Enterprise Security Risk Management (ESRM). By viewing security through a risk management lens, ESRM can help make you and your security program successful. In their long-awaited book, based on years of practical experience and research, Brian Allen and Rachelle Loyear show you step-by-step how Enterprise Security Risk Management (ESRM) applies fundamental risk principles to manage all security risks. Whether the risks are informational, cyber, physical security, asset management, or business continuity, all are included in the holistic, all-encompassing ESRM approach which will move you from task-based to risk-based security. How is ESRM familiar? As a security professional, you may already practice some of the components of ESRM. Many of the concepts – such as risk identification, risk transfer and acceptance, crisis management, and incident response – will be well known to you. How is ESRM new? While many of the principles are familiar, the authors have identified few organizations that apply them in the comprehensive, holistic way that ESRM represents – and even fewer that communicate these principles effectively to key decision-makers. How is ESRM practical? ESRM offers you a straightforward, realistic, actionable approach to deal effectively with all the distinct types of security risks facing you as a security practitioner. ESRM is performed in a life cycle of risk management including: Asset assessment and prioritization. Risk assessment and prioritization. Risk treatment (mitigation). Continuous improvement. Throughout Enterprise Security Risk Management: Concepts and Applications, the authors give you the tools and materials that will help you advance you in the security field, no matter if you are a student, a newcomer, or a seasoned professional. Included are realistic case studies, questions to help you assess your own security program, thought-provoking discussion questions, useful figures and tables, and references for your further reading. By redefining how everyone thinks about the role of security in the enterprise, your security organization can focus on working in partnership with business leaders and other key stakeholders to identify and mitigate security risks. As you begin to use ESRM, following the instructions in this book, you will experience greater personal and professional satisfaction as a security professional – and you’ll become a recognized and trusted partner in the business-critical effort of protecting your enterprise and all its assets.

Sustainability and the U.S. EPA

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Publisher : National Academies Press
ISBN 13 : 0309212553
Total Pages : 162 pages
Book Rating : 4.3/5 (92 download)

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Book Synopsis Sustainability and the U.S. EPA by : National Research Council

Download or read book Sustainability and the U.S. EPA written by National Research Council and published by National Academies Press. This book was released on 2011-09-08 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustainability is based on a simple and long-recognized factual premise: Everything that humans require for their survival and well-being depends, directly or indirectly, on the natural environment. The environment provides the air we breathe, the water we drink, and the food we eat. Recognizing the importance of sustainability to its work, the U.S. Environmental Protection Agency (EPA) has been working to create programs and applications in a variety of areas to better incorporate sustainability into decision-making at the agency. To further strengthen the scientific basis for sustainability as it applies to human health and environmental protection, the EPA asked the National Research Council (NRC) to provide a framework for incorporating sustainability into the EPA's principles and decision-making. This framework, Sustainability and the U.S. EPA, provides recommendations for a sustainability approach that both incorporates and goes beyond an approach based on assessing and managing the risks posed by pollutants that has largely shaped environmental policy since the 1980s. Although risk-based methods have led to many successes and remain important tools, the report concludes that they are not adequate to address many of the complex problems that put current and future generations at risk, such as depletion of natural resources, climate change, and loss of biodiversity. Moreover, sophisticated tools are increasingly available to address cross-cutting, complex, and challenging issues that go beyond risk management. The report recommends that EPA formally adopt as its sustainability paradigm the widely used "three pillars" approach, which means considering the environmental, social, and economic impacts of an action or decision. Health should be expressly included in the "social" pillar. EPA should also articulate its vision for sustainability and develop a set of sustainability principles that would underlie all agency policies and programs.

Risk-based Structural Evaluation Methods

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Author :
Publisher :
ISBN 13 : 9780784415474
Total Pages : 186 pages
Book Rating : 4.4/5 (154 download)

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Book Synopsis Risk-based Structural Evaluation Methods by : Michel Ghosn

Download or read book Risk-based Structural Evaluation Methods written by Michel Ghosn and published by . This book was released on 2020-01-02 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report examines the application of risk-based structural evaluation methods and provides best practice recommendations on their implementation in engineering practice.