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What is risk?

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What is risk, and how can it be expressed? Different international standards, such as the AS/NZS 3460 Risk Management Standard, the COSO ERM framework and the ISO 31000 Risk Management Standard do not provide adequate guidance for risk assessments and lack the necessary precision.

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ARTICLES and PAPERS
Corporate vulnerability
Göran Svensson is one of the leading key figures in supply chain vulnerability research and his conc[...]
Pork Barrel spending?
Why is it that some infrastructure projects in sparsely populated regions of Norway receive more fun[...]
BOOKS and BOOK CHAPTERS
Book Review: Transportation Security
Instead of Transportation Systems Security, which I reviewed in an earlier post, I should have settl[...]
Book Review: Logistics and Supply Chain Management
This book by Martin Christopher, Logistics & Supply Chain Management, is one of the better if [...]
REPORTS and WHITEPAPERS
Supply Chain and Transport Risk
In our interconnected world, safety, reliability and efficiency can only be secured through collabor[...]
Engineering transportation lifelines
New Zealand is probably not the fist country that comes to mind when thinking of state-of-the-art tr[...]
from HERE and THERE
The ISCRiM Newsletter 1/2009
As a researcher within supply chain risk, I find the ISCRiM Newsletters a valuable source of informa[...]
Is Your Supply Chain Vulnerable?
Recently I came across a report on Supply Chain Vulnerability published as early as 2002 by the Cran[...]