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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Main Authors: István Fekete, Éva Ligetvári, Vivien Ahmed
Format: Article
Language:English
Published: University of Miskolc 2015-08-01
Series:Theory, Methodology, Practice
Subjects:
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.
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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
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AT evaligetvari riskevaluationofstrategicindicators
AT vivienahmed riskevaluationofstrategicindicators