Money & Risk Management, part 2
Carl L. Pritchard, PMP. Risk Management: Concepts and Guidance 4th edition
Publisher:Year:2010
Geographic Information and Cartography for Risk and Crisis Management: Towards Better Solutions (Lecture Notes in Geoinformation and Cartography)
Publisher:Year:2010
Cartography and geographic information (GI) are remarkably appropriate for the requirements of early warning (EW) and crisis management (CM). The use of geospatial technology has increased tremendously in the last years. ICT has changed from just using maps created in advance, to new approaches, allowing individuals (decision-makers) to use cartography interactively, on the basis of individual user's requirements. The new generation of cartographic visualizations based on standardisation, formal modelling, use of sensors, semantics and ontology, allows for the better adaptation of information to the needs of the users. In order to design a new framework in pre-disaster and disaster management safety/security/privacy aspects of institutions and citizens need to be considered. All this can only be achieved by demonstrating new research achievements, sharing best practices (e.g. in the health area) and working towards the wider acceptance of geospatial technology in society, with the...
Pension Fund Risk Management: Financial and Actuarial Modeling (Chapman & Hall/CRC Finance Series)
Publisher:Year:2010
As pension fund systems decrease and dependency ratios increase, risk management is becoming more complex in public and private pension plans. Pension Fund Risk Management: Financial and Actuarial Modeling sheds new light on the current state of pension fund risk management and provides new technical tools for addressing pension risk from an integrated point of view. Divided into four parts, the book first presents the correct measurement of risk in pension funds, fund dynamics under a performance-oriented arrangement, an attribution model for monitoring the performance and risk of a defined benefit (DB) pension fund, and an optimal investment problem of a defined contribution (DC) pension fund under inflationary risk. It also describes a pension plan from a dynamic optimization viewpoint, the optimal asset allocation of U.S. pension funds, the identification of stakeholders’ risks, value-at-risk (VaR) methodology, and various effects on the asset allocation of DB pension schemes. ...
David G. Hill. Data Protection: Governance, Risk Management, and Compliance
Publisher:Year:2009
Failure to appreciate the full dimensions of data protection can lead to poor data protection management, costly resource allocation issues, and exposure to unnecessary risks. Data Protection: Governance, Risk Management, and Compliance explains how to gain a handle on the vital aspects of data protection.The author begins by building the foundation of data protection from a risk management perspective. He then introduces the two other pillars in the governance, risk management, and compliance (GRC) framework. After exploring data retention and data security in depth, the book focuses on data protection technologies primarily from a risk management viewpoint. It also discusses the special technology requirements for compliance, governance, and data security; the importance of eDiscovery for civil litigation; the impact of third-party services in conjunction with data protection; and data processing facets, such as the role of tiering and server and storage virtualization. The final...
Don M. Chance, Roberts Brooks. Introduction to Derivatives and Risk Management (with Stock-Trak Coupon)
Publisher:Year:2009
Gain a solid understanding of financial derivatives and their use in managing the risks of financial decisions with this leading text. Chance/Brooks' AN INTRODUCTION TO DERIVATIVES AND RISK MANAGEMENT, 8E provides an outstanding blend of institutional material, theory, and practical applications with updates that reflect the most recent changes in today's financial world. You'll find detailed coverage of options, futures, forwards, swaps, and risk management as well as a balanced introduction to pricing, trading, and strategy. A variety of practical applications, memorable real business examples from real businesses, and minimal use of technical mathematics keep the text's presentation accessible.
David Hillson. Managing Risk in Projects (Fundamentals of Project Management)
Publisher:Year:2009
Projects are risky undertakings, and modern approaches to managing projects recognise the central need to manage the risk as an integral part of the project management discipline. "Managing Risk in Projects" places risk management in its proper context in the world of project management and beyond, and emphasises the central concepts that are essential in order to understand why and how risk management should be implemented on all projects of all types and sizes, in all industries and in all countries. The generic approach detailed by David Hillson is consistent with current international best practice and guidelines (including 'A Guide to the Project Management Body of Knowledge' (PMBoK) and the 'Project Risk Management Practice Standard' from PMI, the 'APM Body of Knowledge' and 'Project Risk Analysis & Management (PRAM) Guide' from APM, 'Management of Risk: Guidance for Practitioners' from OGC, and the forthcoming risk standard from ISO) but David also introduces key developments...
Akira Ishikawa, Mei-hsiu Atsushi Tsujimoto. Risk and Crisis Management: 101 Cases
Publisher:Year:2009
Natural disasters, terrorist attacks, financial collapses, and other crisis situations have occupied public attention to an unprecedented degree in recent years. In the face of these events, the study of risk and crisis management is becoming more important than ever before. This book is a clear and comprehensive guide to the most common emergency situations of our day, giving succinct, practical advice on how best to avoid them if possible, how to minimize loss and damage once they have occurred, and how best to recover sustainably. The 101 cases presented here cover both natural and man-made disasters, drawing on recent and current case histories to propose workable solutions for governments, corporations and ordinary people facing extraordinary times. This revised and expanded edition of the authors' 1999 book, "Survival - Simulation of Risk and Crisis Management 69", is written in an accessible style and contains the latest research in the field. It will benefit laypeople,...
Robert W. Kolb, Donald Schwartz. Corporate Boards: Managers of Risk, Sources of Risk (Loyola University Series on Risk Management)
Publisher:Year:2009
Corporate Boards: Managers of Risk, Sources of Risk deals with the highly timely topic of the Corporate Board and its relationship to risk, both in terms of its management and its creation. Utilizes a multi-disciplinary perspective which draws on the fields of economics, law, business ethics, and corporate social responsibilityFeatures a range of topics including the role of corporate boards in overseeing increasingly complex risk management techniques and the ethical dimensions of corporate board behavior in managing risk Of interest to students, scholars, and firm stakeholdersExplores how recent events have also shown that the members of Corporate Boards can be sources of risk
A. Eydeland, Krzysztof Wolyniec. Energy And Power Risk Management: New Developments in Modeling, Pricing, And Hedging (Wiley Finance)
Publisher:Year:2009
This book offers tools and methods for analysis and management of energy risk. "Energy and Power Risk Management, Second Edition" addresses the complex issues and challenges arising in the expanding market for energy derivatives, providing you with insight into modeling, hedging, and risk management techniques utilized in the energy markets. This fully revised and updated second edition provides significantly more coverage of the oil and oil product markets as well as commodity-linked fixed-income products, and also reviews the impact technical developments in modeling and model estimation have made within this industry over the last few years. This book addresses the application of quantitative techniques to development and effective implementation of risk management and trading strategies in commodities (energy and metals). It also addresses the challenges in applying quantitative techniques to highly volatile commodity markets, and explains both theoretical tools and their...
Mr Geoff Chaplin, Jim Aspinwall, Mark Venn. Life Settlements and Longevity Structures: Pricing and Risk Management (Wiley Finance)
Publisher:Year:2009
Recent turbulence in the financial markets has highlighted the need for diversified portfolios with lower correlations between the different investments. Life settlements meet this need, offering investors the prospect of high, stable returns, uncorrelated with the broader financial markets. This book provides readers of all levels of experience with essential information on the process surrounding the acquisition and management of a portfolio of life settlements; the assessment, modelling and mitigation of the associated longevity, interest rate and credit risks; and practical approaches to financing and risk management structures. It begins with the history of life insurance and looks at how the need for new financing sources has led to the growth of the life settlements market in the United States. The authors provide a detailed exploration of the mathematical formulae surrounding the generation of mortality curves, drawing a parallel between the tools...
Julian Talbot, Miles Jakeman. Security Risk Management Body of Knowledge (Wiley Series in Systems Engineering and Management)
Publisher:Year:2009
A framework for formalizing risk management thinking in today?s complex business environment Security Risk Management Body of Knowledge details the security risk management process in a format that can easily be applied by executive managers and security risk management practitioners. Integrating knowledge, competencies, methodologies, and applications, it demonstrates how to document and incorporate best-practice concepts from a range of complementary disciplines. Developed to align with International Standards for Risk Management?such as ISO 31000?it enables professionals to apply security risk management (SRM) principles to specific areas of practice. Guidelines are provided for: Access Management; Business Continuity and Resilience; Command, Control, and Communications; Consequence Management and Business Continuity Management; Counter-Terrorism; Crime Prevention through Environmental Design; Crisis Management; Environmental Security; Events and Mass Gatherings; Executive...
Jean Dermine. Bank Valuation and Value-Based Management: Deposit and Loan Pricing, Performance Evaluation, and Risk Management
Publisher:McGraw-HillYear:2009
"Bank Valuation and Value-Based Management: Deposit and Loan Pricing, Performance Evaluation, and Risk Management" provides bankers, bank regulators, auditors, and risk managers with foundational concepts and practical tools for effectively managing a bank. An expert in asset and liability management, European financial markets, and banking theory, Jean Dermine provides rigorous foundations to discuss asset and liability management at a global level, with an integrated focus on an institution's banking book. He covers bank valuation, fund transfer pricing, deposit and loan pricing, risk management, and performance measurement, and addresses two high-profile issues for banks worldwide: portfolio credit risk and liquidity risk. This thorough and innovative guide presents insightful coverage on the hazards of measuring portfolio credit risk, the impact of liquidity risk on fund transfer pricing, and the practice of performance measurement in the banking industry. Numerous...
Florence Nesbitt. Low Cost Cooking - Manual Of Cooking, Diet, Home Management And Care Of Children For The Housekeepers Who Must Conduct Their Homes With Small Expenditure Of Money
Publisher:Year:2009
Many of the earliest books, particularly those dating back to the 1900s and before, are now extremely scarce and increasingly expensive. We are republishing these classic works in affordable, high quality, modern editions, using the original text and artwork.
Jean-Philippe Bouchaud, Marc Potters. Theory of Financial Risk and Derivative Pricing: From Statistical Physics to Risk Management
Publisher:Year:2009
Risk control and derivative pricing are major concerns to financial institutions. The need for adequate statistical tools to measure and anticipate amplitude of potential moves of financial markets is clearly expressed, in particular for derivative markets. Classical theories, however, are based on assumptions leading to systematic (sometimes dramatic) underestimation of risks. Theory of Financial Risk and Derivative Pricing summarises developments, some inspired by statistical physics, using which one can take into account more faithfully the real behaviour of financial markets for asset allocation, derivative pricing and hedging, and risk control.
Mohan Bhatia. Credit Risk Management and Basel II
Publisher:Risk BooksYear:2006
With the entire financial sector across the globe working on the implementation of the 2004 Basel II Accord in some form and intensity there is much work to be done at bank level. Credit Risk Management gives you the means to put in place the credit risk measurement and management framework, policies, procedures and practices that are needed. As a unique implementation guide covering the entire spectrum of credit risk management, this book will assist you with your credit risk policy and help you to facilitate the establishment of risk processes and procedures and implementation of information technology. Having assessed the vast amount of existing literature on this subject Bhatia found the bulk of it to be deficient in many areas, this book fills in the gaps for you by: Approaching explanations from a non- mathematical perspective, with the spirit behind the mathematics and equations explained in an accessible manner, Taking a holistic approach,...
Editor Greg N. Gregoriou. Operational Risk Toward Basel III: Best Practices and Issues in Modeling, Management, and Regulation
Publisher:WileyYear:2007
This book consists of chapters by contributors (well-known professors, practitioners, and consultants from large and well respected money management firms within this area) offering the latest research in the OpRisk area. The chapters highlight how operational risk helps firms survive and prosper by givingreaders the latest, cutting-edge techniques in OpRisk management. Topics discussed include: Basel Accord II, getting ready for the New Basel III, Extreme Value Theory, the new capital requirements and regulations in the banking sector in relation to financial reporting (including developing concepts such as OpRisk Insurance which wasn't a part of the Basel II framework). The book further discussed quantitative and qualitative aspects of OpRisk, as well as fraud and applications to the fund industry.
Edited by Edward Altman, Andrea Resti, Andrea Sironi. Recovery Risk: The Next Challenge in Credit Risk Management
Publisher:Risk BooksYear:2005
In this ground-breaking new title, Risk Books unite three prominent editors to provide a much-needed reference text on loss given default (LGD) measurement and management and the requirements of the Basel II Capital Accord. The measurement of LGD - the share of an exposure that is actually lost when a borrower defaults - is a critical area of the science of credit analysis. Topics covered include: Using multivariate models for the estimation of LGD. Exploring the links between LGD and default risk. Providing a Basel II compliant framework for LGD estimation. Helping you to transform research results into operational tools for setting up Basel II compliant rating systems. Full accounts of the latest developments in the field of LGD analysis. Also includes a full summary of results of academic research in LGD measurement over the past 10 years, including the latest research findings from the main empirical and theoretical academics.
Anne-Marie Fink. The Moneymakers: How Extraordinary Managers Win in a World Turned Upside Down
Publisher:Year:2009
When real money is at stake, it tends to clarify the mind, and for over a decade, Anne-Marie Fink has had literally billions of dollars resting on her assessments of companies. As an equity analyst and professional investor, she has been charged with understanding whether businesses are solid, long-term moneymakers–or rotten tomatoes–before investing with them. She has had unusual access to an incredible variety of businesses, from entertainment conglomerates to newspapers, Internet companies, airlines, railroads, furniture manufacturers, auto suppliers, staffing agencies, and others. Well known for her ability to drill down to the details and understand what makes a business tick, she has skillfully dissected the story of many a CEO and talked with people up and down the ranks, as well as customers, suppliers, regulators, distributors, bankers, and rivals–anyone who could give her insight on a company’s operations.The result is a book of great originality–an unusual and perceptive...
Risk Management for Central Banks and Other Public Investors
Publisher:Year:2009
The turmoil caused by problems in the American mortgage market has served as an important reminder of the interdependency of global financial institutions. This book presents a survey of the fundamental issues surrounding risk management and shows how central banks and other public investors can create better risk management systems.
C. C. Mounfield. Synthetic CDOs: Modelling, Valuation and Risk Management (Mathematics, Finance and Risk)
Publisher:Year:2009
Credit derivatives have enjoyed explosive growth in the last decade, particularly synthetic Collateralised Debt Obligations (synthetic CDOs). Detailing the latest models and techniques in quantitative and computational modelling of these instruments, this book is essential reading for those working in financial institutions, and for graduates intending to enter the industry.
Gerard Blokdijk, Ivanka Menken. Software Testing and Quality Assurance with IT Change Management Transition Planning, Support, Service Validation, Testing and Evaluation Handbook. Change without Risk.
Publisher:Year:2008
This book is not primarily for software test and QA professionals who are working in 'typical' organizations. The Best Practice approach in this book is based on ITIL and is well suited to any IT organization that takes its software testing serious. Moreo, unless software engineering practices across the organization are mature the approach will probably fail. However, that does not prevent even an organization with a yet to be developed testing process from selecting best practices and tasks set forth inis book and applying them. The net result will be an incremental improvement, and may be the catalyst for larger improvements with large wins. This book is invaluable to organizations that are committed to software engineering at the defined, managed optimizing levels of maturity. It distills formal test practices drawn from a variety of ITIL and IT service Management sources into a succinct, process-oriented guide. The book is filled with templates and examples to set up and...
Elmar Kutsch. Barriers to Project Risk Management
Publisher:Year:2008
Many information technology (IT) projects fail to meet specified project objectives of scope, time and budget. Despite well-established best practice project risk management processes, project managers perceive these processes to be ineffective in minimising the influence of risk on the project outcome. This failure may be contributed to by inadequate project risk management, the systematic utilisation of a process by project managers to identify, analyse and respond to risks posed by events and conditions that are not definitely known in advance, but which may adversely affect the success of the IT project. Factors or interventions causing the discrepancy between how adequate risks should be managed and how risks are actually managed are insufficiently researched. Hence, as part of an effort to understand this discrepancy the present study investigates how interventions influence the use of project risk management and ultimately influence ability of project managers to prevent...
Bernard Reviczky. Legal Risk Management for Hospitals in Austria: Liabilities of the Hospital Management and the Legally and Economically Responsibile Body of the Hospital
Publisher:Year:2008
A patient died in a private hospital in Tyrol due to the incorrect administration nitrous oxide. It was made a mistake between oxygen and nitrous oxide during the intervertebral disks operation which caused his death by an overdose. The inquiry arose to the facts that the connector plugs had been installed to the wrong lines. Who might be liable for the negligent homicide? The answer might be the company which had installed the lines and the connector plugs as well as the anaesthetist as the alarm which should be active and ring if the oxygen content is too low was switched off. Also the hospital?s legally and economically responsible body might be liable for the mortal negligence according to the law. Furthermore the media reported that the operation theatre was recently re-engineered and not yet licensed and officially approved by the authorities according to the building regulations law. Hence the use of the operation theatre was not yet allowed. Finally also the management of the...
Adrian Busch. When Prudence is Reckless: Rethinking the Role of Project Risk Management
Publisher:Year:2008
In the twentieth century project management emerged as an organisational innovation to better handle a burgeoning increase in non-routine activity. Project managers founded their practice on mathematical planning algorithms such as PERT and CPM, made feasible by developments in operations research and computer technology. But the results of such efforts are often underwhelming. Do project risk management practices somehow miss the point? This book uses a critical management studies framework to explore project risk management. The approach of the Project Management Institutes Project Management Body of Knowledge is compared to the very different approach of a professional project manager. An analysis of these approaches from a critical management studies perspective finds that they employ the logic of different knowledge-constitutive interests. This analysis reveals a fundamental dimension of project risk management that is routinely neglected in both practitioner and academic...
Helen McNab, Peter Taylor. Consumer Credit Risk Management
Publisher:Year:2008
The book explores the history of credit scoring and analytics and the rationale behind the reliance on them. It also deals with the UK legal and regulatory regimes within which users must operate, including The Banking Code, The Business Banking Code, Treating Customers Fairly, Responsible Lending, The Competition Act 1998, the Data Protection Acts 1984 and 1998 and the Consumer Credit Act 1974.Also covered are key features of scorecard management and maintenance. This book will give the reader an insight into the legal and regulatory constraints, such as Basel, and methods used to detect and prevent fraud and bad debt using techniques such as CIFAS. It also deals with referral and appeal systems and the benefits of credit scoring compared to judgmental lending.
Michael Regester, Judy Larkin. Risk Issues and Crisis Management in Public Relations: A Casebook of Best Practice (PR in Practice)
Publisher:Year:2008
The reputation of an organization influences whether or not we buy from, work for, supply to and invest in that organization. This fourth edition of Risk Issues and Crisis Management in Public Relations defines reputation, explores how to value it, and prvides practical guidelines for effectively managing it. This latest edition features new sections on the effects of recent world events, Corporate Social Responsibility, climate change and sustainability, legal revisions and the use of the Internet in a cisis. Featuring new case studies on Oxfam & Starbucks, Sony, Dell, BP, and Wal-mart, the book charts how rapidly the reputation management agenda moves and yet how slowly business learns.
Paul M Collier, Samuel Agyei-Ampomah. CIMA Official Learning System Management Accounting Risk and Control Strategy, Fifth Edition (CIMA Strategic Level 2008)
Publisher:Year:2008
The 2009 edition of CIMA's Official Learning Systems has been written in conjunction with the Examiner to fully reflect what could be tested in the exam. Fully revised and now in 2 colour, paperback format the 2009 Learning Systems provide complete study material for the May and November 2009 exams. This edition includes: * practice questions throughout * complete revision section * topic summaries * recommended reading articles from a range of journals * Q & A's CIMA Learning Systmes are the only study materials endorsed and recomended by CIMA * The Official Learning Systems are the only study materials endorsed by CIMA * Fully revised with new examples and case studies * Written by the Examiner * Complete integrated package incorporating syllabus guidance, full text, recommended articles, revision guides and extensive question practice
Lars Oxelheim, Clas Wihloborg. Corporate Decision-Making with Macroeconomic Uncertainty: Performance and Risk Management
Publisher:Year:2008
Macroeconomic turbulence and volatility in financial markets can fatally affect firm's performance. Very few firms make serious attempts to inform market participants and other outsider stakeholders about the impact of macroeconomic fluctuations--manifested as changes in exchange rates, interest rates, inflation rates and stock market returns-- on performance. These stakeholders, as well as financial analysts, must make their own assessments but they generally lack both the required tools and the information to do so. Worse, top management in most firms do not themselves possess the tools to identify whether a change in performance represents a change in the firm's intrinsic competitiveness or a reflection of macroeconomic conditions outside their influence. Corporate Decision-Making with Macroeconomic Uncertainty: Performance and Risk Management develops and presents in an easily comprehensible way the essential elements of a corporate strategy for managing uncertainty in the...
Tony Merna, Faisal F. Al-Thani. Corporate Risk Management
Publisher:Year:2008
The book analyzes, compares, and contrasts tools and techniques used in risk management at corporate, strategic business and project level and develops a risk management mechanism for the sequencing of risk assessment through corporate, strategic and projstages of an investment in order to meet the requirements of the 1999 Turnbull report. By classifying and categorizing risk within these levels it is possible to drill down and roll-up to any level of the organizational structure and to establish the riskat each project is most sensitive to, so that appropriate risk response strategies may be implemented to benefit all stakeholders. "The new edition of this book provides a clear insight into the intricacies of corporate risk management and the addi of the case study exemplars aids understanding of the management of multiple projects in the real world." - Professor Nigel Smith, Head of the School of Civil Engineering, University of Leeds
Gregory Monahan. Enterprise Risk Management: A Methodology for Achieving Strategic Objectives (Wiley and SAS Business Series)
Publisher:Year:2008
This book provides a methodology for effective enterprise risk management.A Through the use of this methodology, companies will be more successful in achieving strategic objectives.A This book prescribes a process for measurement of risk associated with the achievement of strategic objectives.A It also covers some of the aspects of managing risk.A The tentative contents is: (1) Defining Enterprise Risk Management, (2) Strategic Objectives, (3) The At Risk Concept, (4) Strategic Objectives At Risk (SOAR)--The Methodology, (5) SOAR Process, (6) Set Metrics for Defined Strategic Objectives, (7) Observe Metric Values, (8) Analyze Movements in Metrics, (9) React to the Metric Analysis, (10) SOAR Dashboard, (11) Existing Enterprise Risk Management Approaches, (12) Regulation and Compliance, (13) Implementing the SOAR Methodology, (14) Application of the Concept of Shifting the Distribution, (15) SOAR Capital, Appendix A: Summary of Objectives, Risks, Risk Drivers, and Controls, Appendix B:...
Michael Blyth. Risk and Security Management: Protecting People and Sites Worldwide
Publisher:Year:2008
Learn to measure risk and develop a plan to protect employees and company interests by applying the advice and tools in Risk and Security Management: Protecting People and Sites Worldwide. In a world concerned with global terrorism, instability of emerging markets, and hazardous commercial operations, this book shines as a relevant and timely text with a plan you can easily apply to your organization. Find a series of strategic to granular level policies, systems, and concepts which identify and address risk, enabling business to occur in a manner which best protects you and your company.
Ken McElroy. Rich Dad's Advisors: The ABC's of Property Management: What You Need to Know to Maximize Your Money Now (Rich Dad's Advisors)
Publisher:Year:2008
So you've made your investment, now the question is: how are you going to sustain it? make it grow? maximize its potential? One word: management. Hundreds of thousands know Ken McElroy as real estate investment tycoon, and according to him, sound property management is the cornerstone of his success. Now, he reveals the most important principles of property management his new audiobook. You'll learn:When to manage your own property and when to hire someone else to do it How to implement the right systems and structures for you How to manage cashflow A month in the life of an owner manager How to find a good property manager (and avoid the bad ones) How to assemble a superior management team and more.The unofficial, but totally necessary, sequel to The ABC's of Real Estate Investing and The Best Kept Secrets of Real Estate Investing, THE ABC'S OF PROPERTY MANAGEMENT will fill an important slot in both the Rich Dad's Advisor series, as well as in the general business marketplace.
Bennett A. McDowell. A Trader's Money Management System: How to Ensure Profit and Avoid the Risk of Ruin (Wiley Trading)
Publisher:Year:2008
Money management may very well be the most important piece of the trading puzzle. In A Trader's Money Management System, expert Bennett McDowell provides time-tested techniques that can turn a losing trader into a winning oneand take the winning trader to an entirely new level. In revealing his personal approach to staying out of trouble in the financial markets and maximizing profits, he offers comprehensive insights into: The psychology of risk control as well as the finer aspects of setting stop-loss exits The value of managing trade size and consistent record keeping The process of putting together your own personal money management system Unlike other books that focus on the complex mathematical theories behind money management, this book presents its system in straightforward, easy-to-understand terms that will allow you to quickly see how these concepts workand immediately benefit from the value of effectively managing...
Nathan Hogan. Paper or Plastic: Money Management and Credit Card Education for High School and College Students
Publisher:Year:2008
Supply Chain Risk: A Handbook of Assessment, Management & Performance (International Series in Operations Research & Management Science)
Publisher:Year:2008
Risk is of fundamental importance in this era of the global economy. Supply chains must into account the uncertainty of demand. Moreover, the risk of uncertain demand can cut two ways: (1) there is the risk that unexpected demand will not be met on time, and the reverse problem (2) the risk that demand is over estimated and excessive inventory costs are incurred. There are other risks in unreliable vendors, delayed shipments, natural disasters, etc. In short, there are a host of strategic, tactical and operational risks to business supply chains. This book will focus on how to assess, evaluate, and control these various risks. SUPPLY CHAIN RISK: A Handbook of Assessment, Management, and Performance provides the parameters of risk management as applied to Supply Chain Management. The book outlines these parameters in six sections, which are: (1) Risk Analysis, Assessment, and Tools; (2) Risk Theory; (3) Supply Chain Design and Risk; (4) Supply Chain Risk Management; (5) Risk and...
Economics and Management of Climate Change: Risks, Mitigation and Adaptation
Publisher:Year:2008
Climate change is one of the biggest challenges for mankind. Although there is increasing evidence that climate change is already occurring, there is neither sufficient knowledge as to what extent climate change poses risks to societies and companies, nor about adequate strategies to cope with these risks. Bringing together an international group of scholars from environmental economics, political science and business, this book describes, analyses and evaluates climate change risks and responses of societies and companies. The book contributes to the question of how climate change can be mitigated by discussing efficient and effective design of mitigation measures, in particular emissions trading and clean development mechanism (CDM). Placing special emphasis on the impact of climate change risks on business, the book investigates in which way selected sectors of the economy are affected and what measures they can undertake to adapt to climate change risks.
Hereditary Gynecologic Cancer: Risk, Prevention and Management
Publisher:Year:2008
Currently, there is a critical need for gynecologic oncologists, medical oncologists, obstetricians, and gynecologists to integrate meaningful cancer screening and a prevention strategy into daily clinical practice. It is particularly necessary for physicians with patients who are predisposed to hereditary gynecologic cancer (HGC). Clinicians are increasingly confronted with serious issues, such as attempting to knowledgeably apply growing insights of the biology and genetics of cancer, effectively identify high-risk patients, and utilize screening and prevention techniques in their practice. Hereditary Gynecologic Cancer is a clinician-focused reference addressing the epidemiologic, biological, and clinical issues associated with HGC. Containing an overview of hereditary gynecological cancers, as well as in-depth information about Hereditary Breast Ovarian Cancer Syndrome, Lynch, and other syndromes with gynecologic cancer components, this is a one-stop source for all clinicians...
M. Shahidehpour, H. Yamin, Zuyi Li. Market Operations in Electric Power Systems: Forecasting, Scheduling, and Risk Management
Publisher:Wiley-IEEE PressYear:2002
An essential overview of post-deregulation market operations in electrical power systems. Until recently the U.S. electricity industry was dominated by vertically integrated utilities. It is now evolving into a distributive and competitive market driven by market forces and increased competition. With electricity amounting to a $200 billion per year market in the United States, the implications of this restructuring will naturally affect the rest of the world. Why is restructuring necessary? What are the components of restructuring? How is the new structure different from the old monopoly? How are the participants strategizing their options to maximize their revenues? What are the market risks and how are they evaluated? How are interchange transactions analyzed and approved? Starting with a background sketch of the industry, this hands-on reference provides insights into the new trends in power systems operation and control, and highlights advanced issues in the...
Margaret Woods, Peter Kajuter, Philip Linsley. International Risk Management: Systems, Internal Control and Corporate Governance
Publisher:CIMA PublishingYear:2007
This book is very practical in its international usefulness (because current risk practice and understanding is not equal across international boundaries). For example, an accountant in Belgium would want to know what the governance regulations are in that country and what the risk issues are that he/she needs to be aware of. This book covers the international aspect of risk management systems, risk and governance, and risk and accounting. In doing so the book covers topics such as: internal control and corporate governance; risk management systems; integrating risk into performance management systems; risk and audit; governance structures; risk management of pensions; pension scheme risks e.g. hedging derivatives, longevity bonds etc; risk reporting; and the role of the accountant in risk management. There are the case studies through out the book which illustrate by way of concrete practical examples the major themes contained in the book. The book includes highly...
Thomas A. Cook. Global Sourcing Logistics: How to Manage Risk And Gain Competitive Advantage in a Worldwide Marketplace
Publisher:Year:2006
More than ever, global sourcing is an economic necessity for companies large and small, and in every industry. But with advantages in price and terms come new risks that businesses must approach effectively lest their supply chain -- and ultimately the whole enterprise -- be undermined. Global Sourcing Logistics offers businesses a blueprint for creating standard operating procedures for managing the risks of their inbound supply chains. Filled with hands-on solutions to the challenges of global commerce, the book covers: * reasons to (or not to) source globally * measuring the risks versus those of other sourcing alternatives * how to reduce landed costs * compliance management and new Customs and Homeland Security issues * insurance, liability, and loss control * and much more A must-have resource for all sourcing, supply chain, risk management, and import/export professionals, the book features tools for creating a comprehensive program to...
Paul M. Collier, Anthony J. Berry, Gary T. Burke. Risk and Management Accounting: Best practice guidelines for enterprise-wide internal control procedures
Publisher:CIMA PublishingYear:2006
Management Accountants - Build a Risk Management framework for best practice. This CIMA research report builds on a pilot study undertaken by the authors. A framework for risk management was developed as a result of the research. This research report describes the results of a major survey-based research study entitled 'Risk and Management Accounting: The development of best practice guidelines for enterprise-wide internal control procedures to identify and manage risk; the contribution of and the consequences for management accountants'. This CIMA research report shows: - How (and why) organizations and their management accountants develop effective internal control systems to identify and manage risk; - How (and why) organizations and their management accountants construe risk in their professional and managerial roles.
Ngai Hang Chan, Hoi-Ying Wong. Simulation Techniques in Financial Risk Management (Statistics in Practice)
Publisher:Year:2006
This unique resource provides simulation techniques for financial risk managers ensuring you become well versed in many recent innovations, including Gibbs sampling, the use of heavy-tailed distributions in VaR calculations, construction of volatility smile, and state space modeling. The authors illustrate key concepts with examples and case studies you can reproduce using either S-PLUSA® or Visual BasicA® and provide exercises so you can apply new concepts and test your knowledge. Simulation Techniques in Financial Risk Management is invaluable both as a resource for risk managers in the financial and actuarial industries and as a coursebook for upper-level undergraduate and graduate courses in simulation and risk management.
