Principles of Risk-Based Decision Making

Principles of Risk-Based Decision Making

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Principles of Risk-Based Decision Making provides managers with the foundation for creating a proactive organizational culture that systematically incorporates risk into key decision-making processes. Based on methodology adopted by a number of organizations including the federal government, this book examines risk-based decision making as a process for organizing information about the possibility for unwanted outcomes in a simple, practical way that helps decision makers make timely, informed management choices that minimize harmful effects on safety and health, the environment, property loss, or mission success. Citing practical examples, charts, and checklists, the authors break the risk-based decision making process into five key components: establishing the decision structure, performing the risk assessment, managing sufficient risks, monitoring effectiveness of adopted risk controls through impact assessment, and facilitating risk communication. They examine each component in detail and outline available decision analysis and risk assessment tools that aid in each of these risk-based decision making functions. This book also walks readers through eight project management stepsa€”from scoping a risk assessment to evaluating the recommendationsa€”the components of each, and the importance of these steps to the success of a risk assessment. Special features include a table for applying the risk-based decision-making process, a hazard identification guidesheet, an example of human error, an acronym list, and a glossary.... $85 5l5 Industrial Environmental Management: A Practical Approach I996 $95 5 l0 ISO l4000: Understanding Environmental Standards I996 $85 55I ISO ... 6th Edition I997 $l29 685 State Environmental Agencies on the Internet I999 $75 566 TSCA Handbook, Third Edition I997 $I I5 534 Wetland Mitigation: ... Please call our customer service department at (30 I) 92 l -2323 for a free publications catalog.


Title:Principles of Risk-Based Decision Making
Author: ABS Consulting
Publisher:Government Institutes - 2002-02-01
ISBN-13:

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