Development of a Risk Classifier as a Stage of Successful Risk Management

2022 ◽  
Vol 18 (6) ◽  
pp. 40-53
Author(s):  
S. M. Brykalov ◽  
V. Yu. Trifonov ◽  
E. A. Gureva
Keyword(s):  
Risk Management ◽  
Risk Classification ◽  
Nuclear Industry ◽  
Industrial Enterprise ◽  
Advantages And Disadvantages ◽  
State Corporation ◽  
Personalized Approach

The article gives the analysis of approaches to risk classification at industrial enterprise. Based on the findings, conclusions about advantages and disadvantages were drawn up, as well as the possibilities for its application at nuclear enterprises are formulated. The authors propose an original personalized approach to risk classifier development, which takes into account the nuclear industry specifics. An example of an algorithm for risk classifier development based on above-mentioned approach for the enterprise of the Rosatom State Corporation is given. This example can be used in various industries and may be of interest to risk management researchers and specialists. 

scholarly journals METHODS OF RISK MINIMIZATION IN THE DEVELOPMENT OF AGRO-INDUSTRIAL ENTREPRENEURSHIP

2021 ◽  
Vol 80 (1) ◽  
pp. 83-87
Author(s):  
Ye. Saparov ◽  
◽  
G. Tuleshova ◽  
A. Saparova ◽  
◽  
...  
Keyword(s):  
Risk Management ◽  
Industrial Production ◽  
Agricultural Production ◽  
Risk Classification ◽  
Industrial Enterprise ◽  
Main Task ◽  
Risk Minimization ◽  
Agricultural Enterprises ◽  
Market Relations ◽  
The Impact

In the conditions of modern market relations, the activity of any industrial enterprise is impossible without risks. It is almost impossible to avoid risk in production activities, so the main task is to assess the possible risk and develop measures to prevent it. Agro-industrial production is most affected by factors that lead to risks. Agroindustrial production is the basis of the country's life, and is a producer and supplier of vital products. This article examines the impact of risks on the results of agricultural production, identifies the stages of risk management, as well as various approaches to risk classification, analyzes the main causes and consequences of risks in agricultural enterprises.

CLASSIFICATION OF PRODUCTION RISKS OF AN INDUSTRIAL ENTERPRISE

2021 ◽  
pp. 26-30
Author(s):  
V. F. Bezjazychnyi ◽  
E. V. Kiselev ◽  
V. A. Troshkin
Keyword(s):  
Risk Management ◽  
Management System ◽  
Industrial Enterprise ◽  
Management Systems ◽  
Enterprise Management ◽  
Industrial Enterprises ◽  
Main Production ◽  
Enterprise Management System ◽  
Production Risks

Improvement of modern management systems for industrial enterprises involves the active use of risk management methods that are accompanied by their activities. Issues of production risks and their place in the General enterprise management system are discussed in the article. There is a classification of the main production risks and possible risk management methods applicable in the activities of an industrial enterprise.

scholarly journals Place of Transport in the Sales Policy of the Industrial Enterprise

2021 ◽  
pp. 5-11
Author(s):  
О. A Hodoskina ◽  
О. Y Moiseienkova
Keyword(s):  
Continuous Process ◽  
Industrial Enterprise ◽  
Production Structure ◽  
Functional Dependencies ◽  
Advantages And Disadvantages ◽  
Marketing Policy ◽  
Different Types ◽  
Marketing Activities ◽  
Weak Points ◽  
Mode Of Transport

Purpose. Currently, the organization of sales at the enterprise is the main and continuous process that provides the enterprise with its economic efficiency and bringing the goods to the consumer. The purpose of this work is to analyze and compare modes of transport and its role in the marketing of products by an enterprise. Methodology. To build a model for the marketing activity of an enterprise, as well as when modeling the mechanism of functioning of its organizational, economic and production structure and the place of transport in the structure of an industrial enterprise, elements of economic and mathematical modeling were used. Analysis of the data obtained allows you to choose the best method of transportation, which is extremely important to ensure that the needs of the enterprise, as well as the needs of consumers, are met. Findings. Marketing and logistics services of the enterprise need, having studied all the advantages and disadvantages of all types of transport, to choose the most optimal mode of transport when transporting goods. For the sale of its products, the enterprise should take into account that over time, the costs of different types of transport may change, and the transportation schemes should be revised. The paper compares the modes of transport and the structure of freight turnover by mode of transport (as a percentage of the total). Originality. The use of a mathematical apparatus in the construction of functional dependencies that make up a general economic and mathematical model that characterizes the organization of the marketing activities of an enterprise will allow not only to identify «weak» points, but also to adjust the marketing policy of the enterprise accordingly, relying not on abstract conclusions, but on the obtained clear dependencies. Practical value. The result is, first of all, a reduction in costs in the marketing policy of the enterprise and an increase in competitiveness, an increase in profits and maximum satisfaction of consumer requirements.

scholarly journals Risk management of derivative financial instruments

2021 ◽  
pp. 89-98
Author(s):  
Oksana Kirillova ◽  
Ellina Emelyanova
Keyword(s):  
Risk Management ◽  
Financial Derivatives ◽  
Financial Instruments ◽  
Financial Instrument ◽  
Russian Market ◽  
Advantages And Disadvantages ◽  
The Subject ◽  
Faster Development

The subject of the study is derivative financial instruments. At the beginning of the article, the concept of a derivative financial instrument (PFI) is considered, their advantages and disadvantages are given, after which the risks of operations carried out with PFI are formulated. Further, the article discusses the main problems inherent in the PFI market and suggests a number of measures to solve these problems. In conclusion, recommendations are made that will allow for faster development of the Russian market of financial derivatives.

scholarly journals Organization and implementation of risk-management in building enterprise

Vestnik MGSU ◽  
2018 ◽  
pp. 1482-1490
Author(s):  
Reza Barkhi ◽  
Victoria G. Borkovskaya
Keyword(s):  
Risk Management ◽  
Industrial Enterprise ◽  
Synthesis Methods ◽  
Effective Management ◽  
Total Risk ◽  
Management Tools ◽  
Actual Problem ◽  
Industrial Enterprises ◽  
Risk Management Process ◽  
Building Enterprise

Introduction. Consider the system of organization and implementation of risk management in the building enterprise. The introduction and management of risks in an industrial enterprise is an actual problem due to the occurrence of the following list of factors: incomplete information, elements of randomness, unpredictability of actions of a partner or competitor, among others. Risk management is a process that must begin at the development stage of a industrial company’s strategy, and necessarily with the participation of its owners, since it is the owners who, when developing a strategy, should determine the maximum level of total risk that the industry company will be ready to accept in the course of its activities. Risk management in industrial enterprises should be implemented within the framework of the system and process approaches, taking into account the specifics of the industry using modern effective management methods and production organizations, as well as using risk management tools. Materials and methods. The methodology of the continuous risk management process was used to study the industry organization and implementation of risk management, and systems analysis, modeling and synthesis methods were used. Results. It was determined that the creation of a risk management department is appropriate for effective risk management at the industry enterprise. The main responsibilities of this unit, including for staff and other users (including employees, consultants and contractors), in order to successfully implement the management strategy, require unconditional implementation to minimize risks and eliminate costs in implementing risk management. It was revealed that as a result of introducing risk management in industry enterprises of various industries, a set of measures should be developed to evaluate the operational risks of an enterprise, integral risk, quantitative assessment of which is based on a comprehensive analysis of financial and accounting reports, and conducting an integrated risk assessment based on all levels of responsibility within the industrial enterprise. Conclusions. Risk management at industrial enterprises should be carried out within the framework of the system and process approaches, taking into account the specifics of the industry using modern effective management methods and production industrial organizations, as well as using risk management tools.

The Value-at-Risk Methodology of Basel II and Basel III

2014 ◽  
pp. 100-114 ◽  
Keyword(s):  
At Risk ◽  
Risk Management ◽  
Value At Risk ◽  
Basel Ii ◽  
Risk Measurement ◽  
Capital Adequacy ◽  
Basel Iii ◽  
Regulatory Capital ◽  
Advantages And Disadvantages ◽  
Risk Methodology

This chapter examines the advantages and disadvantages of the risk estimate approach—Value-at-Risk (VaR) which has been extensively embraced by regulators and practitioners in financial markets under the Basel II & III framework as the basis of risk measurement, both for the purpose of ensuring regulatory capital adequacy, and risk management and strategic planning at industry level.

scholarly journals TERRITORIAL RISK MANAGEMENT IN RELATION TO COUNTRY RISK CLASSIFICATION AND EXPORT

2021 ◽  
Vol 23 (2) ◽  
pp. 369-385
Author(s):  
Michaela Petrová ◽  
Martina Krügerová ◽  
Michal Kozieł ◽  
Hana Štverková
Keyword(s):  
Risk Management ◽  
Risk Classification ◽  
Country Risk

scholarly journals Risk Management as a Key Element in the Digital Transformation of an Industrial Enterprise

2021 ◽  
Vol 15 (1) ◽  
pp. 14-27
Author(s):  
D. S. Pashchenko ◽  
N. M. Komarov
Keyword(s):  
Risk Management ◽  
Business Model ◽  
Large Scale ◽  
Risk Model ◽  
Negative Impact ◽  
Digital Transformation ◽  
Industrial Enterprise ◽  
Russian Industry ◽  
High Uncertainty

The Russian industry is entering digital transformation with some delay, and the implementation of accompanying large-scale changes contains a significant number of specific risks. Creating a promising business model and the technological outline of an industrial enterprise that implements it takes place under conditions of high uncertainty. The article proposes a general approach and elements of a practical risk model for planning and carrying out an industrial enterprise’s digital transformation to reduce the uncertainty of the process in its signifiant aspects. The proposed management solutions help reduce the likelihood of a negative impact of accompanying general and specifi risks, build a formalized model of risk management, and increase transparency in managing relevant practical projects. The article also discusses fiancial reserves usage as a tool for active risk management.

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