COST-BENEFITS ASPECTS IN RISK MANAGEMENT

Journal Title: Polish Journal of Management Studies - Year 2016, Vol 14, Issue 1

Abstract

The paper concerns advanced risk management in the security domain. This approach is based not only on the traditional risk assessment, but also on the financial cost-benefits analysis and on the identification of hidden, non-financial factors, which may harm the operations of security measures in the operational environment. The paper is related to the FP7 ValueSec project and presents its background, methodology and results. Special focus is placed on the cost-benefits assessment (CBA) of the proposed security measures. Cost and benefits categories are discussed along with the operation of the CBA component. The elaborated toolset is used to support decision makers in different security domains.<br/><br/>

Authors and Affiliations

Andrze Białas

Keywords

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  • EP ID EP241343
  • DOI 10.17512/pjms.2016.14.1.03
  • Views 96
  • Downloads 0

How To Cite

Andrze Białas (2016). COST-BENEFITS ASPECTS IN RISK MANAGEMENT. Polish Journal of Management Studies, 14(1), 28-39. https://www.europub.co.uk/articles/-A-241343