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Methodology of monitoring key risk indicators

Bibliographic Data

ID15066951
AuthorsBojan Pecek (University of Ljubljana, Faculty of Administration, Ljubljana, Slovenia, corresponding author), Andrej Kovacic (0000-0001-8609-3559, University of Ljubljana, Faculty of Economics, Ljubljana, Slovenia)
Year2019
Volume32
Issue1
Pages3485-3501
Publication date2019-01-01
Open AccessYes
TypeARTICLE
VenueEconomic Research-Ekonomska Istraživanja (JOURNAL)
Journal identifiersISSN: 1331-677X • E-ISSN: 1848-9664
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/1331677x.2019.1658529
OpenAlexW2975214947
LanguageEN
Citations received2
References cited26

Like in many preventive activities, the effectiveness of a risk policy is hard to measure. The objective of this article is to represent the methodology of monitoring a risk management policy. We use the Markov chain methodology for the calculation of the key risk indicators (K.R.I.s) of the process. Observing them through time, it is possible to conclude the positive attitude of the risk-preventing measures undertaken on the observed process. The methodology is represented in the case of archaeological excavations

Business · Computer security · Data mining · Process management · Risk management · Computer Science · Insurance and Financial Risk Management · Marine and environmental studies · Finance

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Citations per year0.4
Citation span2021 - 2023 (3)
Highly citedNo

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