Risk Evaluation of Strategic Indicators
Most risk assessment methods can only be used if historical data are available, as they rely on statistical analysis to assess risks. However, such datais usually missing or imperfect. Of course, the probability of occurrence and impact of these risks should always be assessed (estimated) in a relia...
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Format: | Article |
Language: | English |
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University of Miskolc
2015-08-01
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Series: | Theory, Methodology, Practice |
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Online Access: | https://doi.org/10.18096/TMP.2015.01.03 |
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author | István Fekete Éva Ligetvári Vivien Ahmed |
author_facet | István Fekete Éva Ligetvári Vivien Ahmed |
author_sort | István Fekete |
collection | DOAJ |
description | Most risk assessment methods can only be used if historical data are available, as they rely on statistical analysis to assess risks. However, such datais usually missing or imperfect. Of course, the probability of occurrence and impact of these risks should always be assessed (estimated) in a reliable manner. The method presented in the paper has been used in more than 50 different applications up to now. The aim of this paper is to demonstrate how the risks affecting the target values of different strategic indicators can be assessed using the developed method. |
first_indexed | 2024-03-13T08:41:14Z |
format | Article |
id | doaj.art-95b5146d2af340b7ae83fe572694a420 |
institution | Directory Open Access Journal |
issn | 1589-3413 2415-9883 |
language | English |
last_indexed | 2024-03-13T08:41:14Z |
publishDate | 2015-08-01 |
publisher | University of Miskolc |
record_format | Article |
series | Theory, Methodology, Practice |
spelling | doaj.art-95b5146d2af340b7ae83fe572694a4202023-05-30T12:15:41ZengUniversity of MiskolcTheory, Methodology, Practice1589-34132415-98832015-08-0111012535Risk Evaluation of Strategic Indicators István Fekete 0Éva Ligetvári 1Vivien Ahmed 2Corvinus University of Budapest University of Miskolc University of Miskolc Most risk assessment methods can only be used if historical data are available, as they rely on statistical analysis to assess risks. However, such datais usually missing or imperfect. Of course, the probability of occurrence and impact of these risks should always be assessed (estimated) in a reliable manner. The method presented in the paper has been used in more than 50 different applications up to now. The aim of this paper is to demonstrate how the risks affecting the target values of different strategic indicators can be assessed using the developed method.https://doi.org/10.18096/TMP.2015.01.03 risk analysisrisk evaluationintegrated risk managementstrategic risk management |
spellingShingle | István Fekete Éva Ligetvári Vivien Ahmed Risk Evaluation of Strategic Indicators Theory, Methodology, Practice risk analysis risk evaluation integrated risk management strategic risk management |
title | Risk Evaluation of Strategic Indicators |
title_full | Risk Evaluation of Strategic Indicators |
title_fullStr | Risk Evaluation of Strategic Indicators |
title_full_unstemmed | Risk Evaluation of Strategic Indicators |
title_short | Risk Evaluation of Strategic Indicators |
title_sort | risk evaluation of strategic indicators |
topic | risk analysis risk evaluation integrated risk management strategic risk management |
url | https://doi.org/10.18096/TMP.2015.01.03 |
work_keys_str_mv | AT istvanfekete riskevaluationofstrategicindicators AT evaligetvari riskevaluationofstrategicindicators AT vivienahmed riskevaluationofstrategicindicators |