Risk Assesment and Decision Making

In business and Industry

Glenn Koller

326 pages, parution le 21/04/2005 (2^eme édition)

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Résumé

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, implementation processes, technical aspects, and examples of application. Each section provides practical guidance, combining technical information with advice on how to implement R/U techniques and processes in real-world corporate environments. Following an examination of general principles involved in quantitatively assessing risks and their impact on value, the book describes the two main probabilistic measures of project value - Expected Value of Success (EVS) and the Expected Value for the Portfolio (EVP). The text clearly demonstrates how these metrics are used in individual-project and portfolio management.

By presenting concepts in layman's terms and fully integrating advice related to technical and human characteristics of R/U-related corporate life, this book serves as a complete primer for professionals in any business environment.

What's New in the Second Edition:

Provides guidance for implementation of R/U processes in modern corporations
Offers a crucial breakthrough by defining the terms "risk" and "uncertainty" in ways that can be applied in all aspects of science and business
Explores real-world impediments to process change and implementation
Addresses R/U from a corporate decision-maker's perspective, detailing how to employ R/U to set budgets, manage portfolios, value investments, and execute other critical tasks

L'auteur - Glenn Koller

Glenn Koller : BP Amoco, Tulsa, Oklahoma, USA

Sommaire

Introduction
About Risk And Uncertainty
Risk Assessment: General Characteristics And Benefits
Risk Assessment - A Process
The Perception From Within - Why This Can Be So Darn Hard To Implement
Consistency - The Key To A Risk Process
Communication
Building A Consensus Model
Build A Contributing Factor Diagram
Education - Critical At Three Levels
Risk Assessment Technologies
Monte Carlo Analysis
Decisions And Distributions
Chance Of Failure
Time-Series Analysis And Dependence
Risk-Weighted Values And Sensitivity Analysis
What Companies Really Want To Do
Risk Assessment Examples

Voir tout

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Caractéristiques techniques

	PAPIER
Éditeur(s)	Chapman and Hall / CRC
Auteur(s)	Glenn Koller
Parution	21/04/2005
Édition	2^eme édition
Nb. de pages	326
Format	16 x 24
Couverture	Relié
Poids	610g
Intérieur	Noir et Blanc
EAN13	9781584884774
ISBN13	978-1-58488-477-4