WAYS OF PREVENTING RISKS AND DIMINISHING EFFECTS Cover Image

FORME DE PREVENIRE A RISCURILOR ŞI DIMINUARE A EFECTELOR
WAYS OF PREVENTING RISKS AND DIMINISHING EFFECTS

Author(s): Cecilia Văduva
Subject(s): Economy
Published by: Editura Universităţii Vasile Goldiş
Keywords: risks; effects; economical impact

Summary/Abstract: Preventing risks and diminishing effects obtains new dimensions due to diverse modalities of apparition of risks. Control techniques for losses have as a central objective the reduction of exposure and economical impact on long term through actions on the frequency of apparition or through the action on their consequences. The first of the actions determines the reduction of the number of events determined by actions on the generating causes. The influence on aleatory factors will be diminished and as an effect, resources exposed to the level through measurements that have a generic name – preventing risk. The ideal solution is the reduction of the apparition frequency at zero, meaning the complete elimination of the risk for the project. It is the situation according to which, during the examination of a project, its manager must reach the conclusion that expected advantages are self exceeded due to the apparition of some uncontrollable events or to the disequilibrium that can not be reestablished.

  • Issue Year: 18/2008
  • Issue No: 3
  • Page Range: 309-312
  • Page Count: 4
  • Language: Romanian