CARMA Ltd - Computer Aided Risk Management & Analysis - Risk Engineering Services: Risk References

Risk References

AREA	LINK
Journal of Risk Research	www.tandf.co.uk/journals/carfax/
Operational Risk Research Forum	www.orrf.org/
Risk Research Organisation	www.riskresearch.org/
Center For Hazards & Risk Research, Columbia, USA	www.ldeo.columbia.edu/chrr/
The Society for Risk Analysis	www.sraeurope.org/
Zell Center for Risk Research, Kellogg School of Management, NWU, USA	www.kellogg.northwestern.edu/ research/risk/
Engineering Risk Research Group Home Page, Stanford, USA	www.stanford.edu/group/ERRG/
The Risk Management Association	www.rmahq.org/
The Institute of Risk Management	www.theirm.org/
Australian Standard 4360 Risk management portal	www.riskmanagement.com.au/
The Wharton Risk Management and Decision Processes Center, Pennsylvania, USA	grace.wharton.upenn.edu/risk/
Public Risk Management Association (PRIMA) - USA	www.primacentral.org/
National Risk Management Research Laboratory (NRMRL)	www.epa.gov/ORD/NRMRL/

RISK MANAGEMENT DEFINITIONS

Risk Management provides a realistic management framework which protects the company’s main assets whilst making the most of opportunities for growth

Risk Management is the process by which organisations make decisions in the face of uncertain information.

Risk Management is a vital technique which is applicable to all areas of corporate operation.

Risk Management makes explicit the uncertainties inherent in operating in the business environment, and the costs and benefits which these uncertainties assign to each and every management decision.

Risk Management forces the issue of balancing potential benefits against risk exposure