Processes Risk Management and Continuity Assurance

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Abstract:

Unstable technological and organisational conditions, in which nowadays organisations function, create a formation of new kinds of risk in their activity. In this scope the necessity of risk management should be noticed. It should allow for risk minimisation or elimination, finally resulting in processes’ continuity assurance. Risk management - connected with all processes in the organisation - must be realised as the system solution and undergo the improvement by the assessment, monitoring, measurement and analyses of risk. The suggested methodology of identification, analyses, assessment and acceptability evaluation determines the manner of risk undertaking. In accordance with the proposed procedure it can have character of operational control or system risk monitoring.

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133-138

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June 2014

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© 2014 Trans Tech Publications Ltd. All Rights Reserved

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