A Refined Risk Management Paradigm. Kallman, J. W. & Maric, R. V. Risk Management, 6(3):57--68, 2004. Paper abstract bibtex This paper looks at past risk management models and incorporates parts of those models into a new paradigm. This new refined paradigm can be viewed as a cyclical system containing five steps, with each step having three stages. The model is new in that each of the steps--program development, risk analysis, solution analysis, decision process, and system administration--are geared toward helping the organization achieve its goals. In addition, the new model is designed to involve all stakeholders. The risk management paradigm is a comprehensive and logical management method. It also has a flexible structure that allows it to adapt to future innovations in the risk management discipline.
@article{kallman_refined_2004,
title = {A {Refined} {Risk} {Management} {Paradigm}},
volume = {6},
issn = {1460-3799},
url = {http://www.jstor.org/stable/3867779},
abstract = {This paper looks at past risk management models and incorporates parts of those models into a new paradigm. This new refined paradigm can be viewed as a cyclical system containing five steps, with each step having three stages. The model is new in that each of the steps--program development, risk analysis, solution analysis, decision process, and system administration--are geared toward helping the organization achieve its goals. In addition, the new model is designed to involve all stakeholders. The risk management paradigm is a comprehensive and logical management method. It also has a flexible structure that allows it to adapt to future innovations in the risk management discipline.},
number = {3},
urldate = {2017-11-17TZ},
journal = {Risk Management},
author = {Kallman, James Wm. and Maric, Romy Violette},
year = {2004},
pages = {57--68}
}
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