A novel conceptual risk management model based on the future’s uncertainties

Authors

DOI:

https://doi.org/10.3846/bm.2014.028

Keywords:

risk management, futures studies, stakeholders analysis, scenario planning

Abstract

Controlling and managing risk is always a critical point for the managers, investors and even consultants. Having clear and better percepts about future can reduce the risk of fail. In addition it is important for a risk analyzer to consider the stakeholders views and senses about the risk. This research aimed at framing a comprehensive risk management model which builds up on stakeholder requirements and forecasting techniques. This conceptual model attempts to use the stakeholder’s points of view to write prefer and probable scenarios to neglect critical risks and increase the chance of success in longterm plannings. Using futures studies methods prepare decision makers for the possible upcoming events and donate them a powerful tool to handle the uncertainties cover the future.

Downloads

Published

2014-01-01