Open access peer-reviewed Edited volume

Risk Management

Current Issues and Challenges

Vilnius Gediminas Technical University, Lithuania

Every business and decision involves a certain amount of risk. Risk might cause a loss to a company. This does not mean, however, that businesses cannot take risks. As disengagement and risk aversion may result in missed business opportunities, which will lead to slower growth and reduced prosperity of a company. In today's increasingly complex and diverse environment, it is crucial to find the right balance between risk aversion and risk taking. To do this it is essential to understand the complex, out of the whole range of economic, technical, operational, environmental and social risks associated with the company's activities. However, risk management is about much more than merely avoiding or successfully deriving benefit from opportunities. Risk management is the identification, assessment, and prioritization of risks. Lastly, risk management helps a company to handle the risks associated with a rapidly changing business environment.

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Risk ManagementCurrent Issues and ChallengesEdited by Nerija Banaitiene

Published: September 12th 2012

DOI: 10.5772/2568

ISBN: 978-953-51-0747-7

Books open for chapter submissions

152182 Total Chapter Downloads

18 Crossref Citations

23 Web of Science Citations

43 Dimensions Citations

chapters		Downloads
Open access peer-reviewed 1. Biometric Solvency Risk for Portfolios of General Life Contracts (II) The Markov Chain Approach By Werner Hürlimann		1341
Open access peer-reviewed 2. Boundary-Value Problems for Second Order PDEs Arising in Risk Management and Cellular Neural Networks Approach By Rossella Agliardi, Petar Popivanov and Angela Slavova		1539
Open access peer-reviewed 3. Selecting a Response Plan Under Budget Constraints By A. Gonen		2865
Open access peer-reviewed 4. A Framework to Select Techniques Supporting Project Risk Management By Sabrina Grimaldi, Carlo Rafele and Anna Corinna Cagliano		3290
Open access peer-reviewed 5. Long Memory in the Volatility of Local Currency Bond Markets: Evidence from Hong Kong, Mexico and South Africa By Pako Thupayagale		1104
Open access peer-reviewed 6. Risk Management in Collaborative Systems By Marius Ioan Podean and Dan Benta		2412
Open access peer-reviewed 7. On the Very Idea of Risk Management: Lessons from the Space Shuttle Challenger By Robert Elliott Allinson		2447
Open access peer-reviewed 8. Supply Chain Security – Threats and Solutions By Daniel Ekwall		4404
Open access peer-reviewed 9. Dynamic Risk Management Strategies with Communicating Objects in the Supply Chain of Chemical Substances Within the European Union By Omar Gaci, Hervé Mathieu, Jean-Pierre Deutsch and Laurent Gomez		1734
Open access peer-reviewed 10. IA OM® as an Enterprise Risk Management Metric By David R. Comings and Wendy W. Ting		1721
Open access peer-reviewed 11. Risk Management in Business – The Foundation of Performance in Economic Organizations By Gabriela Dobrota		1366
Open access peer-reviewed 12. Integrated Risk Management System – Key Factor of the Management System of the Organization By Emilia Vasile and Ion Croitoru		3296
Open access peer-reviewed 13. Integrated and Personalised Risk Management in the Sensing Enterprise By Óscar Lázaro, Agustín Moyano, Mikel Uriarte, Alicia González, Teresa Meneu, Juan Carlos Fernández-Llatas, Vicente Traver, Benjamín Molina, Carlos Palau, Óscar López, Etxahun Sánchez, Saioa Ros, Antonio Moreno, María González, José Antonio Palazón, Miguel Sepulcre, Javier Gozálvez, Luis Collantes and Gonzalo Prieto		2099
Open access peer-reviewed 14. Strengthening Risk Management in the Midst of Downturn Times By Amparo Marin de la Barcena		1368
Open access peer-reviewed 15. Risk Management on the Romanian Capital Market By Marin Andreica, Stere Farmache, Madalina Ecaterina Andreica and Octavian Stroie		1538
Open access peer-reviewed 16. Importance of Risk Analysis and Management – The Case of Australian Real Estate Market By Gurudeo Anand Tularam and Gowri Sameera Attili		4825
Open access peer-reviewed 17. Quality Risk Analysis: Value for Money in the Pharmaceutical Industry By Jordi Botet		5208
Open access peer-reviewed 18. Project and Enterprise Risk Management at the California Department of Transportation By Pedro Maria-Sanchez		5146
Open access peer-reviewed 19. Risk Management in Construction Projects By Nerija Banaitiene and Audrius Banaitis		95728
Open access peer-reviewed 20. Sources of Risk and Risk Management Strategies: The Case of Smallholder Farmers in a Developing Economy By Satit Aditto, Christopher Gan and Gilbert V. Nartea		3509
Open access peer-reviewed 21. Improving Climate Risk Management at Local Level – Techniques, Case Studies, Good Practices and Guidelines for World Meteorological Organization Members By R. Martínez, D. Hemming, L. Malone, N. Bermudez, G. Cockfield, A. Diongue, J. Hansen, A. Hildebrand, K. Ingram, G. Jakeman, M. Kadi, G. R. McGregor, S. Mushtaq, P. Rao, R. Pulwarty, O. Ndiaye, G. Srinivasan, Eh. Seck, N. White and R. Zougmore		2006
Open access peer-reviewed 22. Risk Management at the Latin American Observatory By Á.G. Muñoz, D. Ruiz, P. Ramírez, G. León, J. Quintana, A. Bonilla, W. Torres, M. Pastén and O. Sánchez		2203
Open access peer-reviewed 23. Managing Climate Risk with Seasonal Forecasts By Andrew Charles, Yuriy Kuleshov and David Jones		1033

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