Risk Management: An Overview


Delfina Gabriela Garrido Ramos, PhD (Editor) – University of Minho, Portugal
Luis Almeida (Editor)

Series: Business Issues, Competition and Entrepreneurship
BISAC: TEC009060
DOI: https://doi.org/10.52305/HNYO7041

All activities involve risks from a wide variety of sources (management errors, financial uncertainty, legal liabilities, project failures, human errors, accidents, natural disasters, etc.). Risk management is the process of identifying, assessing and controlling threats to an organization. Risk management, also considered as uncertainty management, allows organizations to attempt to prepare for the unexpected by minimizing risks and extra costs before they happen.

ISO 31000 recommends that risk management be part of the organization’s structure, processes, objectives, strategy and activities. This standard places a greater focus on creating value as the key driver of risk management and features other related principles such as continual improvement, the inclusion of stakeholders, being customized to the organization and consideration of human and cultural factors. It is a model that regularly exchanges feedback with its external environment in order to fit a wider range of needs and contexts.

This book gathers contributions of several authors worldwide which cover several aspects related to risk management, including the application of risk management in specific sectors.


Table of Contents


Chapter 1. Recommendations for Developing Risk Management into Integrated Management Systems: Overcoming Challenges and Identifying Opportunities
(Vinicius de Moraes Oliveira, Fernanda Ellen Francisco, Thaís Vieira Nunhes, Vitor Homem de Melo Santos, Maximilian Espuny, Manuel Ferreira Rebelo, Otávio José de Oliveira – São Paulo State University, São Paulo, Brasil, et al.)

Chapter 2. Enterprise Risk Management as a Tool to Manage Corporate Reputation
(Clara Pérez-Cornejo, Esther de Quevedo-Puente – Departamento de Economía y Administración de Empresas, Universidad de Burgos, Spain)

Chapter 3. Physical Asset Risk Management
(Orlando Durán, Paulo Afonso – Escuela de Ingeniería Mecánica, Pontificia Universidad Católica de Valparaíso, Chile, et al.)

Chapter 4. Risk Analysis in Synergic Supply Chains
(Nicolás Anich, Manuel Mateo – Universitat Politècnica de Catalunya. Barcelona, Spain, et al.)

Chapter 5. Risk Assessment in Food Production
(Shalini Sehgal, Sunita Aggarwal – Department of Food Technology, Bhaskaracharya College of Applied Sciences, University of Delhi, New Delhi, India, et al.)

Chapter 6. Risk Management Keys for Complex Construction Projects
(Esra Tepeli – Université de Versailles, St Quentin, Paris, France)

Chapter 7. Risk Assessment of Welding Operations and Processes in Terms of Ultrafine Particles Emissions
(João F. Gomes, Rosa M. Miranda, Helder M. Esteves, Paula C. Albuquerque – Chemical Eng. Dept., ISEL – Instituto Superior de Engenharia de Lisboa, CERENA, IST – Instituto Superior Técnico, Universidade de Lisboa, Lisboa, Portugal, et al.)

Chapter 8. Firefighting Personal Protective Equipment: A Comparative Study of Perceptions and Experiences of Firefighters from Two Portuguese Fire Brigades
(Anna S. P. Moraes, Miguel A. F. Carvalho, Rachel S. Boldt, Fernando B. N. Ferreira, Susan P. Ashdown, Linsey Griffin – Department of Textile Engineering, University of Minho, Guimaraes, Portugal, et al.)

Chapter 9. Sustainable Surgical Gowns: Effective Means for the Prevention of Infection Risks
(Delfina Ramos – Centre for Research & Development in Mechanical Engineering (CIDEM), School of Engineering of Porto (ISEP), Polytechnic of Porto, Porto, Portugal, et al.)


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