publication . Part of book or chapter of book . 2010

The Role of Standardization in Improving the Effectiveness of Integrated Risk Management

Carmen Nadia; Razvan Catalin;
Open Access English
  • Published: 17 Aug 2010
  • Publisher: InTech
Abstract
The financial and economic crisis has increased the preoccupations for the development of risk management over the last years. As a result an appropriate terminology of the risk, sustained by modern and efficient methods and management instruments was developed. Guides, methodologies and standards have been drawn up with the purpose of formalizing the risk management implementation and also the process, the organizational structure and the objectives of risk management. The guides and standards not only provide information on the process to be adopted in risk management, but also contain advice on how that process should be implemented successfully. The standard...
Subjects
free text keywords: Terminology, Process management, Risk management, business.industry, business, Organizational structure, Environmental resource management, Enterprise culture, Standardization
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