Risk Assessment and Decision Making in Business and Industry

Presents a treatment of the procedures and technologies involved in designing and building risk-assessment processes and models. This work examines areas such as: brokerage-house portfolio management; legal decision making; construction; oil/gas exploration; environmental assessments; engineering; marketing; government; and manufacturing.

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Risk Assessment and Decision Making in Business and Industry: A Practical Guide presents an accessible treatment of the procedures and technologies involved in designing and building risk-assessment processes and models.
Areas examined include:
brokerage-house portfolio management

legal decision making

construction

oil/gas exploration

environmental assessments

engineering

marketing

government

manufacturing
The entire volume is presented as a narrative, keeping statistical jargon to a minimum and explaining all concepts, techniques, and processes in a straightforward manner.
The author emphasizes that the technical aspects of a risk-assessment and decision-making effort are secondary to the cultural, organizational, and interpersonal facets of establishing a framework.
"Practical" is the operative term throughout the text. Risk Assessment and Decision Making in Business and Industry: A Practical Guide enables readers who are not risk experts to effect an easy execution of the risk model building effort.