Risk management involves assessing the risk sources and designing strategies and
procedures to mitigate those risks to an acceptable level. Measurement of risk factors
plays an important role in the assessment of risk. This research proposes to develop risk
assessment frameworks and mathematical model (Probabilistic Risk Assessment model)
identify the risk factors. Quantification and prioritization of risk factors will help to
design controls, resource allocation policies and minimize the total cost using the Cost
Minimization model. The proposed models are applied to a complex system that is
representative of actual business situations.
| Identifer | oai:union.ndltd.org:LSU/oai:etd.lsu.edu:etd-10302004-221748 |
| Date | 10 November 2004 |
| Creators | Shah, Jay Tarakkumar |
| Contributors | Glenn Sumners, Charles McAllister, Thomas Ray |
| Publisher | LSU |
| Source Sets | Louisiana State University |
| Language | English |
| Detected Language | English |
| Type | text |
| Format | application/pdf |
| Source | http://etd.lsu.edu/docs/available/etd-10302004-221748/ |
| Rights | unrestricted, I hereby certify that, if appropriate, I have obtained and attached herein a written permission statement from the owner(s) of each third party copyrighted matter to be included in my thesis, dissertation, or project report, allowing distribution as specified below. I certify that the version I submitted is the same as that approved by my advisory committee. I hereby grant to LSU or its agents the non-exclusive license to archive and make accessible, under the conditions specified below and in appropriate University policies, my thesis, dissertation, or project report in whole or in part in all forms of media, now or hereafter known. I retain all other ownership rights to the copyright of the thesis, dissertation or project report. I also retain the right to use in future works (such as articles or books) all or part of this thesis, dissertation, or project report. |
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