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Books > Business & Economics > Business & management > Management & management techniques > Management decision making
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Operational Risk Management - The Integration of Decision, Communications, and Multimedia Technologies (Hardcover, 1998 ed.)
Loot Price: R2,564
Discovery Miles 25 640
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Operational Risk Management - The Integration of Decision, Communications, and Multimedia Technologies (Hardcover, 1998 ed.)
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Advanced communications and information technologies provide the
basis for operational risk management. In order to support managers
in real-time risk assessment and decision-making, the advanced
technologies must be complemented by an appropriate reasoning
logic. This book presents such a reasoning logic for operational
risk management. Chapter 1 discusses the need for operational risk
management and the feasibility of its use based upon advances in
sensing, mobile communications, and satellite positioning
technologies. Chapter II presents a reasoning logic for operational
risk management that capitalizes upon these developments. Chapter
III illustrates the integration of the reasoning logic in
hypermedia, multimedia, and virtual reality systems, coupled with
the capabilities provided by the Internet. Chapters IV-VI
illustrate the realism of operational risk management for hazardous
material transportation, emergency response, air raid command, and
emergency response at a nuclear power generation facility. The book
closes with an experimental assessment of the logic and associated
decision aids in Chapter VII. Audience: Researchers, who will find
the most recent advances in operational risk management with
experimental assessments. Practitioners, who are provided with a
detailed description of operational risk management and the latest
advances in information and communications technologies to
implement this new approach for managing risks in operational
settings, such as transportation of hazardous materials and
emergency response. Students, who will learn the basic concepts in
theory and practice of building models for decision and risk
analysis, and embedding them into commercial software as decision
support systems.
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