Impact of Risk Management and Safe Work Instruction on Production Procedure
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AI Summary
This research proposal aims to examine the impact of risk management and safe work instruction on the production procedure of an organization, with a case study on General Electronics. The study will focus on the importance of risk management and safety measures in ensuring the health and safety of employees operating machinery and equipment. The research will also explore the need for businesses to provide safety instructions and the suitable measures that can be implemented to enhance business operations and generate higher profitability.
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Research Proposal
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Table of Contents
Title .................................................................................................................................................1
Introduction .....................................................................................................................................1
Background of the Research ..................................................................................................1
Importance of the Topic.........................................................................................................2
Literature Review ..................................................................................................................2
Rationale of the Research ......................................................................................................3
Key terms of the Research .....................................................................................................4
Research Aim, Objectives and Questions ......................................................................................4
Research Methodology....................................................................................................................5
Research Methods: ................................................................................................................5
Research Approach:................................................................................................................5
Research Design:....................................................................................................................6
Data Collection Tools:............................................................................................................6
Ethical Consideration .....................................................................................................................7
Gantt Chart ......................................................................................................................................7
References .......................................................................................................................................9
Title .................................................................................................................................................1
Introduction .....................................................................................................................................1
Background of the Research ..................................................................................................1
Importance of the Topic.........................................................................................................2
Literature Review ..................................................................................................................2
Rationale of the Research ......................................................................................................3
Key terms of the Research .....................................................................................................4
Research Aim, Objectives and Questions ......................................................................................4
Research Methodology....................................................................................................................5
Research Methods: ................................................................................................................5
Research Approach:................................................................................................................5
Research Design:....................................................................................................................6
Data Collection Tools:............................................................................................................6
Ethical Consideration .....................................................................................................................7
Gantt Chart ......................................................................................................................................7
References .......................................................................................................................................9
Title
To examine the impact of risk management and safe work instruction regarding machinery
and equipment over the production procedure of an organisation. A case study on General
Electronics.
Introduction
Background of the Research
The existing project initiates to determine the the impact of risk management and safe
work instruction regarding machinery and equipment over the production procedure of an
organisation, therefore it is a wide area of academic writing which is imperative in providing
detailed analysis over the area health and safety in the context of business. However, health and
safety are termed to be the primary aspect to be considered by the business for the intention of
assuring their employees regarding maintaining safety measures (Aminbakhsh, Gunduz and
Sonmez, 2013). Risk management is defined to the practices of analysing the significant risk in
advance, determining them and taking precautionary steps to reduce the risk and hazardous.
Therefore, for managing risk it is important for the businesses to provide safety instructions to
their employees while working on the machinery and equipments, thus, the safety instructions
are necessary to implement effective business operations. In the present evaluation the study has
been executed over General Electronics, thus, it is well known an American multinational
conglomerate company which is incorporated in New York city. Therefore, the headquarter of
the firm is in Boston, Massachusetts, United States. The company is operated from assorted
segments which involves aviation, healthcare, power, renewable energy, additive manufacturing,
finance, lighting, digital industry, venture capital and so on. The company was founded by the
collaborative efforts of Charles A. Coffin, Elihu Thomas, Edwin J. Houston, J. P. Morgan and
Thomas Edison. In the year of 1892. the overall revenue of the firm is around 95.214 billion
which represents the higher development of the business, thus the company is having around
205000 employees who are putting their significant efforts in the growth and progression of the
business (Giannakis and Papadopoulos, 2016). GE has its operations in assorted segments and
for this it is required for the business to provide safety measures and instructions to the
employees while operation over machines and equipments. However, the primary concern of the
business is to enhancing the profitability via ensuring appropriate safety and security to the
1
To examine the impact of risk management and safe work instruction regarding machinery
and equipment over the production procedure of an organisation. A case study on General
Electronics.
Introduction
Background of the Research
The existing project initiates to determine the the impact of risk management and safe
work instruction regarding machinery and equipment over the production procedure of an
organisation, therefore it is a wide area of academic writing which is imperative in providing
detailed analysis over the area health and safety in the context of business. However, health and
safety are termed to be the primary aspect to be considered by the business for the intention of
assuring their employees regarding maintaining safety measures (Aminbakhsh, Gunduz and
Sonmez, 2013). Risk management is defined to the practices of analysing the significant risk in
advance, determining them and taking precautionary steps to reduce the risk and hazardous.
Therefore, for managing risk it is important for the businesses to provide safety instructions to
their employees while working on the machinery and equipments, thus, the safety instructions
are necessary to implement effective business operations. In the present evaluation the study has
been executed over General Electronics, thus, it is well known an American multinational
conglomerate company which is incorporated in New York city. Therefore, the headquarter of
the firm is in Boston, Massachusetts, United States. The company is operated from assorted
segments which involves aviation, healthcare, power, renewable energy, additive manufacturing,
finance, lighting, digital industry, venture capital and so on. The company was founded by the
collaborative efforts of Charles A. Coffin, Elihu Thomas, Edwin J. Houston, J. P. Morgan and
Thomas Edison. In the year of 1892. the overall revenue of the firm is around 95.214 billion
which represents the higher development of the business, thus the company is having around
205000 employees who are putting their significant efforts in the growth and progression of the
business (Giannakis and Papadopoulos, 2016). GE has its operations in assorted segments and
for this it is required for the business to provide safety measures and instructions to the
employees while operation over machines and equipments. However, the primary concern of the
business is to enhancing the profitability via ensuring appropriate safety and security to the
1
employees and managing risk for effective development of business operations. Risk and issues
and unwanted in nature and it is required for the business to manage them through providing
appropriate safety instruction to their employees. Thus this create value for the business in
attaining higher growth and success.
Importance of the Topic
The investigation into real access is based on examine the impact of risk management and
safe work instruction regarding machinery and equipment over the production procedure of an
organisation. Therefore, the potential significance of the study is to provide detailed evaluation
over the area of risk management and how it is significant for the businesses in providing health
and safety to the employees (Aloini, Dulmin and Mininno, 2012). This study is effective for an
individual, business or the organisations who are dealing in manufacturing and operating through
machinery and equipments, thus the study stated the suitable measures and instructions required
for the businesses to operate in effective manner and generate higher profitability and revenue. In
addition to this, the study is also effective in providing suitable issues which are mainly
performed by the businesses while operating through machinery and needs to be resolved to
implement higher production which in turns in creating value in generating higher profitability
and revenue.
Literature Review
Literature review is characterized to be the best territory of an examination as it gives
detailed assessment over a picked investigation region, therefore this area depends on optional
sources like books, diaries, articles, etc.
According to the views analysis of Margaret Rouse, 2020, risk management is defined as
the procedure of identifying, analysing and managing threats to a business's capital and earnings.
The risk or threats could be stem through assorted aspects like financial uncertainty, natural
disaster, accidents, strategic management error, lack of knowledge and authenticity of operations
and so on (Khan, Rathnayaka and Ahmed, 2015). thus, among all of them health and safety is
termed to be the major considered aspect which needs to be management by the businesses for
the intention of ensuring the safety of their employees. According to the views stated by Lena
Eisenstein, 2019, Risk management is also refers as the procedure which needs strong leadership
around all stakeholders. The best risk management programs are proactive rather than reactive.
Risks can endanger a businesses progress toward achieving critical objectives.
2
and unwanted in nature and it is required for the business to manage them through providing
appropriate safety instruction to their employees. Thus this create value for the business in
attaining higher growth and success.
Importance of the Topic
The investigation into real access is based on examine the impact of risk management and
safe work instruction regarding machinery and equipment over the production procedure of an
organisation. Therefore, the potential significance of the study is to provide detailed evaluation
over the area of risk management and how it is significant for the businesses in providing health
and safety to the employees (Aloini, Dulmin and Mininno, 2012). This study is effective for an
individual, business or the organisations who are dealing in manufacturing and operating through
machinery and equipments, thus the study stated the suitable measures and instructions required
for the businesses to operate in effective manner and generate higher profitability and revenue. In
addition to this, the study is also effective in providing suitable issues which are mainly
performed by the businesses while operating through machinery and needs to be resolved to
implement higher production which in turns in creating value in generating higher profitability
and revenue.
Literature Review
Literature review is characterized to be the best territory of an examination as it gives
detailed assessment over a picked investigation region, therefore this area depends on optional
sources like books, diaries, articles, etc.
According to the views analysis of Margaret Rouse, 2020, risk management is defined as
the procedure of identifying, analysing and managing threats to a business's capital and earnings.
The risk or threats could be stem through assorted aspects like financial uncertainty, natural
disaster, accidents, strategic management error, lack of knowledge and authenticity of operations
and so on (Khan, Rathnayaka and Ahmed, 2015). thus, among all of them health and safety is
termed to be the major considered aspect which needs to be management by the businesses for
the intention of ensuring the safety of their employees. According to the views stated by Lena
Eisenstein, 2019, Risk management is also refers as the procedure which needs strong leadership
around all stakeholders. The best risk management programs are proactive rather than reactive.
Risks can endanger a businesses progress toward achieving critical objectives.
2
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In the context of business, risk management is an essential aspect which needs to be
managed or handled by the management of the business to retain and sustain employees for long
time. Thus safety is the primary consideration of individual and employees who are operating
over machinery and equipments, hence, the protection and suitable measures are requires to be
taken by the employees to reduce the risk of accidents.
According to the opinion analysis of Robert S. Kaplan and Anette Mikes, 2012, risk has
constant presence in the universe of business and ignoring them does not keep it go away,
therefore, the suitable understanding of the businesses exposure and practising risk management
are the initial steps towards the direction of guiding the operations within healthier environment.
Risk management and providing safety instructions are defined to be the primary consideration
of the business and it management thus, it is needed for the businesses to provide safety
instruction to the employees in the manner of training, thus suitable instructions are effective for
a business in enhancing operations, improvising productivity, retaining employees for long time,
generating long term value, enhancing business image and so on (Rausand, 2013).
Rationale of the Research
The present research report is assessed over determining the the impact of risk
management and safe work instruction regarding machinery and equipment over the production
procedure of an organisation, thus, this is an effective area of investigation and risk management
is recognised as the major health and safety issue which needs to be studied for the sack of
resolving the conflict in appropriate manner (Hale and Borys, 2013). Thus, the study is
imperative in providing detailed analysis to resolve the issue of risk in operating machinery and
equipments via rendering suitable instruction to execute effective business operations. The
primary intention for execution of this analysis is the personal interest of the research, therefore,
the investigator is implementing this study for the sack of fulfilling own purpose in regards to
enhancing overall knowledge about the specific area. The another intention of executing this
analysis is that it is effective for an individual to enhance personal as well as profession skills
which are imperative for them in attaining growth in future aspects.
3
managed or handled by the management of the business to retain and sustain employees for long
time. Thus safety is the primary consideration of individual and employees who are operating
over machinery and equipments, hence, the protection and suitable measures are requires to be
taken by the employees to reduce the risk of accidents.
According to the opinion analysis of Robert S. Kaplan and Anette Mikes, 2012, risk has
constant presence in the universe of business and ignoring them does not keep it go away,
therefore, the suitable understanding of the businesses exposure and practising risk management
are the initial steps towards the direction of guiding the operations within healthier environment.
Risk management and providing safety instructions are defined to be the primary consideration
of the business and it management thus, it is needed for the businesses to provide safety
instruction to the employees in the manner of training, thus suitable instructions are effective for
a business in enhancing operations, improvising productivity, retaining employees for long time,
generating long term value, enhancing business image and so on (Rausand, 2013).
Rationale of the Research
The present research report is assessed over determining the the impact of risk
management and safe work instruction regarding machinery and equipment over the production
procedure of an organisation, thus, this is an effective area of investigation and risk management
is recognised as the major health and safety issue which needs to be studied for the sack of
resolving the conflict in appropriate manner (Hale and Borys, 2013). Thus, the study is
imperative in providing detailed analysis to resolve the issue of risk in operating machinery and
equipments via rendering suitable instruction to execute effective business operations. The
primary intention for execution of this analysis is the personal interest of the research, therefore,
the investigator is implementing this study for the sack of fulfilling own purpose in regards to
enhancing overall knowledge about the specific area. The another intention of executing this
analysis is that it is effective for an individual to enhance personal as well as profession skills
which are imperative for them in attaining growth in future aspects.
3
Key terms of the Research
The key terms of this particular analysis are risk management, safety instruction, health
safety, measures of safety, machinery, equipments of production, business profitability,
performance and so on.
Research Aim, Objectives and Questions
Research Aim
To examine the impact of risk management and safe work instruction regarding machinery
and equipment over the production procedure of an organisation. A case study on General
Electronics.
Research Objectives:
To conduct analysis over enhancing recognition about the concept risk management and
safe work instruction in the context of business.
To determine the need for a business to manage risk and provide safety instruction in
regards to development of business operations.
To articulate the influence of risk management in machinery and equipment over the
production procedure of General Electronics. To determine the suitable measures that can effectively be opt by General Electronics in
regards to providing health safety to their employees within the production procedure.
Research Questions:
What is the concept risk management and safe work instruction in the context of
business?
What is the need for a business to manage risk and provide safety instruction in regards to
development of business operations?
What is the influence of risk management in machinery and equipment over the
production procedure of General Electronics?
What are the suitable measures that can effectively be opt by General Electronics in
regards to providing health safety to their employees within the production procedure?
4
The key terms of this particular analysis are risk management, safety instruction, health
safety, measures of safety, machinery, equipments of production, business profitability,
performance and so on.
Research Aim, Objectives and Questions
Research Aim
To examine the impact of risk management and safe work instruction regarding machinery
and equipment over the production procedure of an organisation. A case study on General
Electronics.
Research Objectives:
To conduct analysis over enhancing recognition about the concept risk management and
safe work instruction in the context of business.
To determine the need for a business to manage risk and provide safety instruction in
regards to development of business operations.
To articulate the influence of risk management in machinery and equipment over the
production procedure of General Electronics. To determine the suitable measures that can effectively be opt by General Electronics in
regards to providing health safety to their employees within the production procedure.
Research Questions:
What is the concept risk management and safe work instruction in the context of
business?
What is the need for a business to manage risk and provide safety instruction in regards to
development of business operations?
What is the influence of risk management in machinery and equipment over the
production procedure of General Electronics?
What are the suitable measures that can effectively be opt by General Electronics in
regards to providing health safety to their employees within the production procedure?
4
Research Methodology
Research Methodology is viewed as the key part of research fills in as it is useful for a
researcher to giving a suitable bearing to execution of exercises in a powerful way. Under this,
inquire about approach is hypothetical and deliberate assessment of techniques which require to
be applied in picked examine region (Skogdalen and Vinnem, 2011). What's more, it includes as
hypothetical investigation of assortment of various standards just as techniques which are
connected with information branch. It is useful in playing out all exploration exercises in a viable
way and give positive results.
Research Methods:
Research methodology mainly refers as the methodical, hypothetical assessment of the
apparatuses that are actualized to a predetermined region of study, thus a research is mainly relay
upon two major aspects like qualitative and quantitative research. Qualitative research is mainly
recognised to be the type in which information is mainly relay upon gathering information that
depend on subjective methods (Vinnem And et. al., 2012). On the opposite side, quantitative
examination is for the most part dependent on the data that are encompasses over quantitative
means. In this case of this existing exploration, qualitative research will be embrace as the most
effective tool for conducting effective analysis, consequently it is the best sort for directing a
point by point investigation over the territory of examine the impact of risk management and safe
work instruction regarding machinery and equipment over the production procedure of an
organisation via gathering information within theories, model and descriptive statements, this
qualitative investigation is mainly supportive in accumulation of information which are
encompasses over qualitative means. Furthermore, qualitative analysis mainly relies over
unstructured and non-numerical information. Therefore, in this, information may take the form
of field notes written by the researcher in course of observation, interviews, audio or video
recordings that are effectively carried out through the investigator in natural settings or
interviews, documents of various kinds.
Research Approach:
This refers to the basic procedure that is basic for researcher in breaking down of
information in type of qualitative or quantitative aspects. There are two primary kinds of
research approach which are deductive and inductive. These methodologies are helpful in
5
Research Methodology is viewed as the key part of research fills in as it is useful for a
researcher to giving a suitable bearing to execution of exercises in a powerful way. Under this,
inquire about approach is hypothetical and deliberate assessment of techniques which require to
be applied in picked examine region (Skogdalen and Vinnem, 2011). What's more, it includes as
hypothetical investigation of assortment of various standards just as techniques which are
connected with information branch. It is useful in playing out all exploration exercises in a viable
way and give positive results.
Research Methods:
Research methodology mainly refers as the methodical, hypothetical assessment of the
apparatuses that are actualized to a predetermined region of study, thus a research is mainly relay
upon two major aspects like qualitative and quantitative research. Qualitative research is mainly
recognised to be the type in which information is mainly relay upon gathering information that
depend on subjective methods (Vinnem And et. al., 2012). On the opposite side, quantitative
examination is for the most part dependent on the data that are encompasses over quantitative
means. In this case of this existing exploration, qualitative research will be embrace as the most
effective tool for conducting effective analysis, consequently it is the best sort for directing a
point by point investigation over the territory of examine the impact of risk management and safe
work instruction regarding machinery and equipment over the production procedure of an
organisation via gathering information within theories, model and descriptive statements, this
qualitative investigation is mainly supportive in accumulation of information which are
encompasses over qualitative means. Furthermore, qualitative analysis mainly relies over
unstructured and non-numerical information. Therefore, in this, information may take the form
of field notes written by the researcher in course of observation, interviews, audio or video
recordings that are effectively carried out through the investigator in natural settings or
interviews, documents of various kinds.
Research Approach:
This refers to the basic procedure that is basic for researcher in breaking down of
information in type of qualitative or quantitative aspects. There are two primary kinds of
research approach which are deductive and inductive. These methodologies are helpful in
5
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dissecting of information about the particular zone of study (Badri, Nadeau and Gbodossou,
2012). In the context of this present territory, inductive approach will termed to be the most
significant approach as it is valuable in providing descriptive view via analysing the existing
theories and hypothesis that are en corporates over a specified area of study that are based on
examine the impact of risk management and safe work instruction regarding machinery and
equipment over the production procedure of an organisation. Therefore, inductive approach is
imperative for qualitative analysis as it provides detailed study within theoretical aspects.
Research Design:
This can be considered as the blue print of assessment and partners giving basic way to
deal with analyst to complete the entire work right way. This region of assessment is organized
among different parts, for example, illustrative, exploratory and trial research plan. Here
specialist has best impact in picking right structure for finish the exploration in suitable way
(Cheng, Yang and Sheu, 2014). In the ebb and flow research venture, descriptive research
design will significantly be applicable in developing as it is imperative for qualitative analysis
and this evaluation helps in providing valuable information in regards to the area with
considering detailed analysis through describing the theories, hypothesis and models that are
encompasses over determining the impact of risk management and safe work instruction
regarding machinery and equipment over the production procedure of an organisation.
Data Collection Tools:
Information collection is perceived to be the best region of an examination as the suitable
selection of data collection tools are effective in assisting the work in the light of drawing
valuable results. This section mainly incorporates over primary and secondary source of data
collection, in this way, primary source is convincing in hoarding of data for without a doubt the
first run through as in this new information is collected to coming to at the conceivable outcome.
In primary examination information is mainly aggregated from overview, survey, talk with,
contextual investigation, centre gathering thus around (Hosseini, Barker and Ramirez-Marquez,
2016). Nonetheless, on the contrary side secondary investigation is useful in total of theoretical
data that supports the assessment in strong manner as in this data is basically aggregate from
secondary instruments like books, diaries, dispersed exploration articles, online sites, etc. With
regards to this, present examination work, both primary just as secondary instruments will be
noteworthy in the way of accumulate significant data, but secondary research is effectively be
6
2012). In the context of this present territory, inductive approach will termed to be the most
significant approach as it is valuable in providing descriptive view via analysing the existing
theories and hypothesis that are en corporates over a specified area of study that are based on
examine the impact of risk management and safe work instruction regarding machinery and
equipment over the production procedure of an organisation. Therefore, inductive approach is
imperative for qualitative analysis as it provides detailed study within theoretical aspects.
Research Design:
This can be considered as the blue print of assessment and partners giving basic way to
deal with analyst to complete the entire work right way. This region of assessment is organized
among different parts, for example, illustrative, exploratory and trial research plan. Here
specialist has best impact in picking right structure for finish the exploration in suitable way
(Cheng, Yang and Sheu, 2014). In the ebb and flow research venture, descriptive research
design will significantly be applicable in developing as it is imperative for qualitative analysis
and this evaluation helps in providing valuable information in regards to the area with
considering detailed analysis through describing the theories, hypothesis and models that are
encompasses over determining the impact of risk management and safe work instruction
regarding machinery and equipment over the production procedure of an organisation.
Data Collection Tools:
Information collection is perceived to be the best region of an examination as the suitable
selection of data collection tools are effective in assisting the work in the light of drawing
valuable results. This section mainly incorporates over primary and secondary source of data
collection, in this way, primary source is convincing in hoarding of data for without a doubt the
first run through as in this new information is collected to coming to at the conceivable outcome.
In primary examination information is mainly aggregated from overview, survey, talk with,
contextual investigation, centre gathering thus around (Hosseini, Barker and Ramirez-Marquez,
2016). Nonetheless, on the contrary side secondary investigation is useful in total of theoretical
data that supports the assessment in strong manner as in this data is basically aggregate from
secondary instruments like books, diaries, dispersed exploration articles, online sites, etc. With
regards to this, present examination work, both primary just as secondary instruments will be
noteworthy in the way of accumulate significant data, but secondary research is effectively be
6
implementing to gather valuable information to drawn valid and reliable results (Mortimer and
Mortimer, 2015). Thus, in this overall study is based on developing the study of General
Electronics. However, secondary analysis is imperative in providing detained analysis which
helps in enhancing individual understanding in relation to the area of examine the impact of risk
management and safe work instruction regarding machinery and equipment over the production
procedure of an organisation (Chi and et. al., 2011).
Ethical Consideration
In the effective execution of the project, it is important for the investigator to follow
research ethics in respect to implementing the whole work in right manner without facing any
kind of hazardous (Sadgrove, 2016). Therefore, researcher also requires to assist the work via the
suitable guidance of ethical practices and provide consent to the participants in respect to
showing their consent about the project. In addition to this, researcher also needs provide
assurance to their participants in regards to the personal information as it is imperative to
maintaining confidentiality of their private data.
Gantt Chart
7
Mortimer, 2015). Thus, in this overall study is based on developing the study of General
Electronics. However, secondary analysis is imperative in providing detained analysis which
helps in enhancing individual understanding in relation to the area of examine the impact of risk
management and safe work instruction regarding machinery and equipment over the production
procedure of an organisation (Chi and et. al., 2011).
Ethical Consideration
In the effective execution of the project, it is important for the investigator to follow
research ethics in respect to implementing the whole work in right manner without facing any
kind of hazardous (Sadgrove, 2016). Therefore, researcher also requires to assist the work via the
suitable guidance of ethical practices and provide consent to the participants in respect to
showing their consent about the project. In addition to this, researcher also needs provide
assurance to their participants in regards to the personal information as it is imperative to
maintaining confidentiality of their private data.
Gantt Chart
7
8
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References
Books and Journals
Aloini, D., Dulmin, R. and Mininno, V., 2012. Risk assessment in ERP projects. Information
Systems, 37(3), pp.183-199.
Aminbakhsh, S., Gunduz, M. and Sonmez, R., 2013. Safety risk assessment using analytic
hierarchy process (AHP) during planning and budgeting of construction
projects. Journal of safety research, 46, pp.99-105.
Badri, A., Nadeau, S. and Gbodossou, A., 2012. Proposal of a risk-factor-based analytical
approach for integrating occupational health and safety into project risk
evaluation. Accident Analysis & Prevention, 48, pp.223-234.
Cheng, C. C., Yang, C. L. and Sheu, C., 2014. The link between eco-innovation and business
performance: a Taiwanese industry context. Journal of Cleaner Production, 64, pp.81-
90.
Chi, X. and et. al., 2011. Informal electronic waste recycling: a sector review with special focus
on China. Waste Management, 31(4), pp.731-742.
Giannakis, M. and Papadopoulos, T., 2016. Supply chain sustainability: A risk management
approach. International Journal of Production Economics, 171, pp.455-470.
Hale, A. and Borys, D., 2013. Working to rule, or working safely? Part 1: A state of the art
review. Safety science, 55, pp.207-221.
Hosseini, S., Barker, K. and Ramirez-Marquez, J.E., 2016. A review of definitions and measures
of system resilience. Reliability Engineering & System Safety, 145, pp.47-61.
Khan, F., Rathnayaka, S. and Ahmed, S., 2015. Methods and models in process safety and risk
management: Past, present and future. Process safety and environmental protection, 98,
pp.116-147.
Mortimer, S. T. and Mortimer, D., 2015. Quality and risk management in the IVF laboratory.
Cambridge University Press.
Rausand, M., 2013. Risk assessment: theory, methods, and applications (Vol. 115). John Wiley
& Sons.
Sadgrove, K., 2016. The complete guide to business risk management. Routledge.
Skogdalen, J. E. and Vinnem, J. E., 2011. Quantitative risk analysis offshore—human and
organizational factors. Reliability Engineering & System Safety, 96(4), pp.468-479.
Vinnem, J. E. And et. al., 2012. Risk modelling of maintenance work on major process
equipment on offshore petroleum installations. Journal of Loss Prevention in the
Process Industries, 25(2), pp.274-292.
Online
Rouse. M., 2020. Risk Management? [Online]. Available through:
<https://searchcompliance.techtarget.com/definition/risk-management>.
Eisenstein. L., 2019. What Is the Goal of Risk Management for Today’s Organizations? [Online].
Available through: <https://www.boardeffect.com/blog/what-goal-risk-management-
todays-organizations/>.
Kaplan. R. and Mikes. A., 2012. Managing Risks: A New Framework. [Online]. Available
through: <https://hbr.org/2012/06/managing-risks-a-new-framework>.
9
Books and Journals
Aloini, D., Dulmin, R. and Mininno, V., 2012. Risk assessment in ERP projects. Information
Systems, 37(3), pp.183-199.
Aminbakhsh, S., Gunduz, M. and Sonmez, R., 2013. Safety risk assessment using analytic
hierarchy process (AHP) during planning and budgeting of construction
projects. Journal of safety research, 46, pp.99-105.
Badri, A., Nadeau, S. and Gbodossou, A., 2012. Proposal of a risk-factor-based analytical
approach for integrating occupational health and safety into project risk
evaluation. Accident Analysis & Prevention, 48, pp.223-234.
Cheng, C. C., Yang, C. L. and Sheu, C., 2014. The link between eco-innovation and business
performance: a Taiwanese industry context. Journal of Cleaner Production, 64, pp.81-
90.
Chi, X. and et. al., 2011. Informal electronic waste recycling: a sector review with special focus
on China. Waste Management, 31(4), pp.731-742.
Giannakis, M. and Papadopoulos, T., 2016. Supply chain sustainability: A risk management
approach. International Journal of Production Economics, 171, pp.455-470.
Hale, A. and Borys, D., 2013. Working to rule, or working safely? Part 1: A state of the art
review. Safety science, 55, pp.207-221.
Hosseini, S., Barker, K. and Ramirez-Marquez, J.E., 2016. A review of definitions and measures
of system resilience. Reliability Engineering & System Safety, 145, pp.47-61.
Khan, F., Rathnayaka, S. and Ahmed, S., 2015. Methods and models in process safety and risk
management: Past, present and future. Process safety and environmental protection, 98,
pp.116-147.
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