Achieving the Delicate Balance between Risks & Outcomes in a Large-scale IT Project - BCIA's Airport Security System
VerifiedAdded on 2023/05/30
|16
|3464
|267
AI Summary
This report analyzes the risks related to Beijing Capital International Airport (BCIA) airport security system and discusses the proposed system, its risks and cascade risks of the system. It also suggests risk management strategies to mitigate and prevent identified risks for properly balancing project outcomes.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
Running head: RISK MANAGEMENT
Achieving the Delicate Balance between Risks & Outcomes in a Large-scale IT Project - BCIA's
Airport Security System
Name of the Student:
Name of the University:
Achieving the Delicate Balance between Risks & Outcomes in a Large-scale IT Project - BCIA's
Airport Security System
Name of the Student:
Name of the University:
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
1RISK MANAGEMENT
Table of Contents
1. Brief introduction to the project or system..................................................................................2
2. Summarize views of scholar........................................................................................................2
3. Discussion of the system, system risks, links and cascade risks within the system....................4
4. Management of risk associated with the project..........................................................................7
5. Conclusion.................................................................................................................................10
References......................................................................................................................................12
Table of Contents
1. Brief introduction to the project or system..................................................................................2
2. Summarize views of scholar........................................................................................................2
3. Discussion of the system, system risks, links and cascade risks within the system....................4
4. Management of risk associated with the project..........................................................................7
5. Conclusion.................................................................................................................................10
References......................................................................................................................................12
2RISK MANAGEMENT
1. Brief introduction to the project or system
The project report is based on achieving a delicate balance between the risks and
outcomes into large scale IT project which is related to Beijing Capital International Airport
(BCIA) airport security system. In this selected IT project, the risks related to the airport security
system are analyzed and managed (Goh, Zuo and Pan 2016). The risks are identified at the time
of implementing large scale IT projects throughout the construction of terminal 3 projects. For
the airport management team, airport security is one of the key concerns (Pyke et al. 2017).
Passenger screening is considered as important component for the aviation security which is
considered as real time screening strategies for maximizing effectiveness to identify terrorist
attacks.
The report is based on summarizing views of various scholars related to the selected
project topic so that their views are to be analyzed properly to compare their views and
arguments with each other. The proposed airline security system, its risks and cascade risks of
the system are discussed so that the reader can understand importance of proposed system in the
airport industry. The risks are to be managed so that there should be proper prevention of risks
with respect to business requirement.
2. Summarize views of scholar
Shaw (2016) stated that risk management for the airport operations is related to
vulnerability of the system threat. There is prioritization of critical risks as well as opportunities
which exist at the airport and emerge in future. It develops of action plan which can reflect best
practices as well as settle in decision making to manage the organizational performance in
1. Brief introduction to the project or system
The project report is based on achieving a delicate balance between the risks and
outcomes into large scale IT project which is related to Beijing Capital International Airport
(BCIA) airport security system. In this selected IT project, the risks related to the airport security
system are analyzed and managed (Goh, Zuo and Pan 2016). The risks are identified at the time
of implementing large scale IT projects throughout the construction of terminal 3 projects. For
the airport management team, airport security is one of the key concerns (Pyke et al. 2017).
Passenger screening is considered as important component for the aviation security which is
considered as real time screening strategies for maximizing effectiveness to identify terrorist
attacks.
The report is based on summarizing views of various scholars related to the selected
project topic so that their views are to be analyzed properly to compare their views and
arguments with each other. The proposed airline security system, its risks and cascade risks of
the system are discussed so that the reader can understand importance of proposed system in the
airport industry. The risks are to be managed so that there should be proper prevention of risks
with respect to business requirement.
2. Summarize views of scholar
Shaw (2016) stated that risk management for the airport operations is related to
vulnerability of the system threat. There is prioritization of critical risks as well as opportunities
which exist at the airport and emerge in future. It develops of action plan which can reflect best
practices as well as settle in decision making to manage the organizational performance in
3RISK MANAGEMENT
undecided environment. Rampini, Sufi and Viswanathan (2014) argued that risk management
contributes to process and ensure that higher level of safety is maintained throughout the airport
activities. Burghouwt (2016) discussed that security in the airport system is commensurate with
the risks. It is a process to determine which security controls are proper as well as cost effective,
and complex. The scholars identified that security management is identification of organizational
assets, system and information assets which are followed by development of airport operations
and implementation of terminal for protection of assets. The airport security system is used to
protect the passengers from any type of terrorist attack.
Eckles, Hoyt and Miller (2014) viewed that the security system allows the security of
airport to place as well as sense intrusion on the airport. The main challenges while
implementation of airport security system are to keep the project on time, on budget as well as
maintain a high quality. According to Bazargan (2016), there is enterprise risk management
which is consisted of risks which have positive as well as negative impact, and the positive risks
are seen as IT project opportunities. The common risks which are faced by BCIA airport in two
areas. Reason (2016) stated that the first area is employee due to which people are unpredictable
and it is huge risk for the companies. Hiring and training of the quality of employee is a
challenge for the company as it causes a huge expense as well as bad reputation for the
organization. For BCIA airport terminal 3, it is risks which are required to manage. Lack of
productivity from the employee side can have great impact on the project work and plan for
implementation of new products as well as services. Patankar and Taylor (2017) concluded that
second area is technology as usage of new technology is expensive and it is not properly worked
when it takes an organization down on both sides, loss of profitability as well as retention of the
undecided environment. Rampini, Sufi and Viswanathan (2014) argued that risk management
contributes to process and ensure that higher level of safety is maintained throughout the airport
activities. Burghouwt (2016) discussed that security in the airport system is commensurate with
the risks. It is a process to determine which security controls are proper as well as cost effective,
and complex. The scholars identified that security management is identification of organizational
assets, system and information assets which are followed by development of airport operations
and implementation of terminal for protection of assets. The airport security system is used to
protect the passengers from any type of terrorist attack.
Eckles, Hoyt and Miller (2014) viewed that the security system allows the security of
airport to place as well as sense intrusion on the airport. The main challenges while
implementation of airport security system are to keep the project on time, on budget as well as
maintain a high quality. According to Bazargan (2016), there is enterprise risk management
which is consisted of risks which have positive as well as negative impact, and the positive risks
are seen as IT project opportunities. The common risks which are faced by BCIA airport in two
areas. Reason (2016) stated that the first area is employee due to which people are unpredictable
and it is huge risk for the companies. Hiring and training of the quality of employee is a
challenge for the company as it causes a huge expense as well as bad reputation for the
organization. For BCIA airport terminal 3, it is risks which are required to manage. Lack of
productivity from the employee side can have great impact on the project work and plan for
implementation of new products as well as services. Patankar and Taylor (2017) concluded that
second area is technology as usage of new technology is expensive and it is not properly worked
when it takes an organization down on both sides, loss of profitability as well as retention of the
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
4RISK MANAGEMENT
customers. As the airport is keeping up with new airport security system; therefore it may be a
risk for the company.
Hopkin (2018) stated that integration of the security system is proved to be a challenge at
all the security levels. At the organizational levels, new technology has implications on the
training as well as workforce structures. From the perspective of security, there is a divide
among cyber as well as physical security in the organizational structure. The organization is
focused to help the customers quantify with the outcomes which are achieved throughout the
security system. Carroll and Buchholtz (2014) criticized that new technologies are making
changes into the security landscape. The airport is running remote security screening. Teece,
Peteraf and Leih (2016) observed that among the risks there are both positive and negative risks
which can provide high and low impact on the project work. It is risky to operate and develop a
successful business operation and it becomes critical if the operation is huge like implementation
of terminal 3 project work of BCIA airport. It is critical that all the risks to business organization
are considered strategically at senior level and not the financial risks are used throughout use of
valuable tool to manage it.
3. Discussion of the system, system risks, links and cascade risks within the
system
The airlines and Beijing Capital International Airport are presenting unique security
challenges. The security is a main concern but along with turnaround time is also important.
Screening of the passengers is required as passengers are standing in line for long period of time.
Safety as well as security system is required to protect the passengers; therefore the airport
management team takes decisions to implement airport security system. The proposed system
customers. As the airport is keeping up with new airport security system; therefore it may be a
risk for the company.
Hopkin (2018) stated that integration of the security system is proved to be a challenge at
all the security levels. At the organizational levels, new technology has implications on the
training as well as workforce structures. From the perspective of security, there is a divide
among cyber as well as physical security in the organizational structure. The organization is
focused to help the customers quantify with the outcomes which are achieved throughout the
security system. Carroll and Buchholtz (2014) criticized that new technologies are making
changes into the security landscape. The airport is running remote security screening. Teece,
Peteraf and Leih (2016) observed that among the risks there are both positive and negative risks
which can provide high and low impact on the project work. It is risky to operate and develop a
successful business operation and it becomes critical if the operation is huge like implementation
of terminal 3 project work of BCIA airport. It is critical that all the risks to business organization
are considered strategically at senior level and not the financial risks are used throughout use of
valuable tool to manage it.
3. Discussion of the system, system risks, links and cascade risks within the
system
The airlines and Beijing Capital International Airport are presenting unique security
challenges. The security is a main concern but along with turnaround time is also important.
Screening of the passengers is required as passengers are standing in line for long period of time.
Safety as well as security system is required to protect the passengers; therefore the airport
management team takes decisions to implement airport security system. The proposed system
5RISK MANAGEMENT
facilitates reporting, communication, control of crowd, check-in of staff furthermore emergency
management (Bromiley et al. 2015). At the time of emergency, the system must make sure that
the security networks are not crash and staffs are not get inundated with the information. The
proposed airport security system can facilitate decision making with revolve huge amount of data
into accessible information (Laudon and Laudon 2016). The airlines are used of technology to
innovative as well as help to meet with business goals.
The possible risks facing BCIA airport are lack of universal implementation of the global
standards and information sharing. The airline organization has unplanned expenses for the
indeterminate period, when the governments are not agreed on measures required for security of
the citizens. The risk based solution is required that can speed the screening of the low risk
travelers (Peltier 2016). The identification system is modernized as well as controlled procedures
of the airport operations perfectly to prevent the issues. Following are list of system risks which
BCIA report is facing while implementing of airport security system in their airport operations
such as:
Shortage of technical skilled staff: The staffs those are involved in implementation of
BCIA terminal 3 and airport security system have lack of technical skills to manage the proposed
system (Rittinghouse and Ransome 2016). Most of the staffs those are working in the airport are
not having sufficient skill to manage the entire implementation work as they are not technically
skilled, making decisions on the critical analysis and difficult to quantify the system.
Physical threats: There are physical threats on the system when there is physical access
and damage to the resources such as servers. There are included of theft and most common is
facilitates reporting, communication, control of crowd, check-in of staff furthermore emergency
management (Bromiley et al. 2015). At the time of emergency, the system must make sure that
the security networks are not crash and staffs are not get inundated with the information. The
proposed airport security system can facilitate decision making with revolve huge amount of data
into accessible information (Laudon and Laudon 2016). The airlines are used of technology to
innovative as well as help to meet with business goals.
The possible risks facing BCIA airport are lack of universal implementation of the global
standards and information sharing. The airline organization has unplanned expenses for the
indeterminate period, when the governments are not agreed on measures required for security of
the citizens. The risk based solution is required that can speed the screening of the low risk
travelers (Peltier 2016). The identification system is modernized as well as controlled procedures
of the airport operations perfectly to prevent the issues. Following are list of system risks which
BCIA report is facing while implementing of airport security system in their airport operations
such as:
Shortage of technical skilled staff: The staffs those are involved in implementation of
BCIA terminal 3 and airport security system have lack of technical skills to manage the proposed
system (Rittinghouse and Ransome 2016). Most of the staffs those are working in the airport are
not having sufficient skill to manage the entire implementation work as they are not technically
skilled, making decisions on the critical analysis and difficult to quantify the system.
Physical threats: There are physical threats on the system when there is physical access
and damage to the resources such as servers. There are included of theft and most common is
6RISK MANAGEMENT
unauthorized access to the secret data by means of the employee and outside person (Soomro,
Shah and Ahmed 2016).
Electronic threat: In the airport business operation, security is the main concern of the
management team as the hacker can access to the system by hacking the password of the system.
Then, the system becomes infected by the computer virus and there could fall victim to
fraudulent email along with website (Hopkin 2018). It is mainly caused for the criminal nature. It
has possibility that the system is hacked when one person can share the sensitive as well as
confidential information related to the system to others.
Technical and infrastructure failure: There is possibility that there is a computer crash
as well as failure of the computer components which are used to implement proposed system in
the airport. The system would be helpful for the companies as it will provide benefit to the
customers those are using their airline services (Epstein 2018). The technical failure should be
catastrophic as the users are not retrieving of data on the failed hard drive along with there are no
backup copy which is available to record the data of system in other place. The system is
affected by viruses and incorrect codes to finish system failure when no trades are input and
processes are running (Abbasi, Sarker and Chiang 2016). On other hand, the infrastructure
failure is caused due to loss of the internet connection which can interrupt the airline business
operations.
Human error: It is major threat while implementation work is performed for the airport
security system. The human can accidentally delete confidential data from the database system
and they are also failed to follow security procedures which are mainly prepared to implement
unauthorized access to the secret data by means of the employee and outside person (Soomro,
Shah and Ahmed 2016).
Electronic threat: In the airport business operation, security is the main concern of the
management team as the hacker can access to the system by hacking the password of the system.
Then, the system becomes infected by the computer virus and there could fall victim to
fraudulent email along with website (Hopkin 2018). It is mainly caused for the criminal nature. It
has possibility that the system is hacked when one person can share the sensitive as well as
confidential information related to the system to others.
Technical and infrastructure failure: There is possibility that there is a computer crash
as well as failure of the computer components which are used to implement proposed system in
the airport. The system would be helpful for the companies as it will provide benefit to the
customers those are using their airline services (Epstein 2018). The technical failure should be
catastrophic as the users are not retrieving of data on the failed hard drive along with there are no
backup copy which is available to record the data of system in other place. The system is
affected by viruses and incorrect codes to finish system failure when no trades are input and
processes are running (Abbasi, Sarker and Chiang 2016). On other hand, the infrastructure
failure is caused due to loss of the internet connection which can interrupt the airline business
operations.
Human error: It is major threat while implementation work is performed for the airport
security system. The human can accidentally delete confidential data from the database system
and they are also failed to follow security procedures which are mainly prepared to implement
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
7RISK MANAGEMENT
proposed system (Hammer 2015). Lack of user awareness to implement the system hampers
entire implementation work and entire business reputation is affected due to this reason.
Laudon and Laudon (2016) stated that due to above mentioned risks, the operation of
airport is affected which provides huge effect on the organization. If the organization can ignore
the risks, then it provides huge consequences on the project. BCIA airport should focus on risk
management strategies which help the company to mitigate and prevent from identified risks for
properly balance their project outcomes. The company can also able to complete the project on
scheduled time as well as budget to overcome with time and budget constraints.
4. Management of risk associated with the project
Peltier (2016) discussed that risk management is a process to identify the method require
minimizing the impact of risks on implementation of airport security system. According to
Soomro, Shah and Ahmed (2016), comprehensive analysis of the risks are occurred. At BCIA
terminal 3, it is not demonstrating that the risks are to be managed successfully. The airport
management team realized that decisions are taken to level of risks. Approaches to the risk
management are included of competitive advantage. Rittinghouse and Ransome (2016)
concluded that when reviewing the competitive advantage, it is best to create a grid to compare
in addition to contrast various categories of the risks. Risk register helps the project manager and
other stakeholders to identify the project risks and possible mitigation strategies to overcome
with the problems such as:
proposed system (Hammer 2015). Lack of user awareness to implement the system hampers
entire implementation work and entire business reputation is affected due to this reason.
Laudon and Laudon (2016) stated that due to above mentioned risks, the operation of
airport is affected which provides huge effect on the organization. If the organization can ignore
the risks, then it provides huge consequences on the project. BCIA airport should focus on risk
management strategies which help the company to mitigate and prevent from identified risks for
properly balance their project outcomes. The company can also able to complete the project on
scheduled time as well as budget to overcome with time and budget constraints.
4. Management of risk associated with the project
Peltier (2016) discussed that risk management is a process to identify the method require
minimizing the impact of risks on implementation of airport security system. According to
Soomro, Shah and Ahmed (2016), comprehensive analysis of the risks are occurred. At BCIA
terminal 3, it is not demonstrating that the risks are to be managed successfully. The airport
management team realized that decisions are taken to level of risks. Approaches to the risk
management are included of competitive advantage. Rittinghouse and Ransome (2016)
concluded that when reviewing the competitive advantage, it is best to create a grid to compare
in addition to contrast various categories of the risks. Risk register helps the project manager and
other stakeholders to identify the project risks and possible mitigation strategies to overcome
with the problems such as:
8RISK MANAGEMENT
Risk
Id.
Type of risk Risk
owner
Reason Effect Probabilit
y
Impact Likelihood Risk
rating
Mitigation
strategies
1. Shortage of
technical
skilled staff
Human
Resource
Manager
The staffs have lack of
technical skills to
manage entire
implementation work
of airport security
system (Hopkin 2018).
Delay in the
technical work
related to
proposed
system
Moderate Extreme Possible High The HR Manager
should hire of more
staffs those have
technical skills to
manage technical
related work of the
airport security
system.
2. Physical
threats
IT
Manager
It is caused due to
physical access and
damage to the
resources such as
servers.
Errors in
designing of
the airport
security system
Moderate Major Possible Medium There should be
proper maintenance
of the physical
infrastructure of
the airport business
so that the
computer server is
not damaged.
3. Electronic
threat
IT
Manager
The hacker can access
to the system by
hacking the password
of the system (Epstein
2018).
Delay in the
project
schedule and
design of
proposed
system
Likely Major Likely High All the electronic
components are
maintained and
people are not
shared the system
password and
confidential
information to
others.
4. Technical
and
infrastructure
failure
IT
Manager
There is a computer
crash as well as failure
of the computer
components. The
system is affected by
viruses and incorrect
Failure in
entire
implementation
work and
deterioration of
design quality
Moderate Moderate Possible Medium All the computer
components are
properly
maintained so that
there is no
possibility of any
Risk
Id.
Type of risk Risk
owner
Reason Effect Probabilit
y
Impact Likelihood Risk
rating
Mitigation
strategies
1. Shortage of
technical
skilled staff
Human
Resource
Manager
The staffs have lack of
technical skills to
manage entire
implementation work
of airport security
system (Hopkin 2018).
Delay in the
technical work
related to
proposed
system
Moderate Extreme Possible High The HR Manager
should hire of more
staffs those have
technical skills to
manage technical
related work of the
airport security
system.
2. Physical
threats
IT
Manager
It is caused due to
physical access and
damage to the
resources such as
servers.
Errors in
designing of
the airport
security system
Moderate Major Possible Medium There should be
proper maintenance
of the physical
infrastructure of
the airport business
so that the
computer server is
not damaged.
3. Electronic
threat
IT
Manager
The hacker can access
to the system by
hacking the password
of the system (Epstein
2018).
Delay in the
project
schedule and
design of
proposed
system
Likely Major Likely High All the electronic
components are
maintained and
people are not
shared the system
password and
confidential
information to
others.
4. Technical
and
infrastructure
failure
IT
Manager
There is a computer
crash as well as failure
of the computer
components. The
system is affected by
viruses and incorrect
Failure in
entire
implementation
work and
deterioration of
design quality
Moderate Moderate Possible Medium All the computer
components are
properly
maintained so that
there is no
possibility of any
9RISK MANAGEMENT
codes to finish system
failure when no trades
are input and processes
are running.
of system
failure to meet
with project
deadline
failure of proposed
system.
5. Human error IT
Manager
The human can
accidentally delete
confidential data from
the database system
and they are also failed
to follow security
procedures (Abbasi,
Sarker and Chiang
2016).
Decline in the
design quality
Likely Moderate Unlikely Medium The human should
strictly follow all
the organizational
rules and
regulations so that
security
requirements
should met.
Likelihood
Impact
Negligible Minor Moderate Major Extreme
Almost
certain
Likely Electronic threat
Possible Technical and
infrastructure failure
Physical threats Shortage of
technical
skilled staff
Unlikely Human error
Rare
Table 1: Risk Matrix Table
codes to finish system
failure when no trades
are input and processes
are running.
of system
failure to meet
with project
deadline
failure of proposed
system.
5. Human error IT
Manager
The human can
accidentally delete
confidential data from
the database system
and they are also failed
to follow security
procedures (Abbasi,
Sarker and Chiang
2016).
Decline in the
design quality
Likely Moderate Unlikely Medium The human should
strictly follow all
the organizational
rules and
regulations so that
security
requirements
should met.
Likelihood
Impact
Negligible Minor Moderate Major Extreme
Almost
certain
Likely Electronic threat
Possible Technical and
infrastructure failure
Physical threats Shortage of
technical
skilled staff
Unlikely Human error
Rare
Table 1: Risk Matrix Table
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
10RISK MANAGEMENT
11RISK MANAGEMENT
From the above table, it is analyzed that among five system risks, there are two high risks
which can affect the implementation work of airport security system such as electronic threat and
shortage of technical skilled staffs. Those two risks are negative risks which can hamper entire
brand reputation of the airline industry. Other three risks are medium risks and possibility of
changes is there when proper risk mitigation strategies are implemented in the implementation of
proposed system (Hammer 2015). The project life cycle is a proper way to conceptualize the
structure of IT project in BCIA airport over time. The risks can cause uncertainties about basic
estimation of the project work, uncertainty about the design as well as logistics of proposed
system, uncertainty related to the project objectives and uncertainty related to fundamental
relationships among the project parties.
5. Conclusion
It is concluded that the airline industry faces problems related to entire airport operations.
The BCIA airport is implemented of airport security system for securing the assets of the
company. The project manager considers all the project risks and takes them at highest priority to
overcome and mitigate the risks on time before it can provide high impact on the airport
operations. In order to mitigate the risks, at first it is required to be proper planning of the project
schedule. There should be strict set of the project time so that the project manager can manage all
the airline project related tasks. Therefore, this project work achieves a balance between project
risks and its outcomes in large scale IT project such as implementation of airport security system
for BCIA.
It is analyzed that the large scale IT project is exposed to uncertain environment due to
delay in project schedule and over budget of the project work. Both risks with uncertainties
From the above table, it is analyzed that among five system risks, there are two high risks
which can affect the implementation work of airport security system such as electronic threat and
shortage of technical skilled staffs. Those two risks are negative risks which can hamper entire
brand reputation of the airline industry. Other three risks are medium risks and possibility of
changes is there when proper risk mitigation strategies are implemented in the implementation of
proposed system (Hammer 2015). The project life cycle is a proper way to conceptualize the
structure of IT project in BCIA airport over time. The risks can cause uncertainties about basic
estimation of the project work, uncertainty about the design as well as logistics of proposed
system, uncertainty related to the project objectives and uncertainty related to fundamental
relationships among the project parties.
5. Conclusion
It is concluded that the airline industry faces problems related to entire airport operations.
The BCIA airport is implemented of airport security system for securing the assets of the
company. The project manager considers all the project risks and takes them at highest priority to
overcome and mitigate the risks on time before it can provide high impact on the airport
operations. In order to mitigate the risks, at first it is required to be proper planning of the project
schedule. There should be strict set of the project time so that the project manager can manage all
the airline project related tasks. Therefore, this project work achieves a balance between project
risks and its outcomes in large scale IT project such as implementation of airport security system
for BCIA.
It is analyzed that the large scale IT project is exposed to uncertain environment due to
delay in project schedule and over budget of the project work. Both risks with uncertainties
12RISK MANAGEMENT
affect the size of project which provides major impact on the project success. The risks factors
are based on complexity of project, speed of the proposed system and location of this project
work. It is main responsibility of project manager to manage the risks and mitigate them as it will
decrease variability of the value of organizational firm. The risks affect the passengers in good
time and in bad as it affects the airline operations. In the future, it is analyzed that as the airline
industry has to maintain profits in face of increase in price, therefore risk management strategies
are used to make improvement in the business functions. The airline staffs should also follow all
the organizational security guidelines to prevent from security risks to be occurred.
affect the size of project which provides major impact on the project success. The risks factors
are based on complexity of project, speed of the proposed system and location of this project
work. It is main responsibility of project manager to manage the risks and mitigate them as it will
decrease variability of the value of organizational firm. The risks affect the passengers in good
time and in bad as it affects the airline operations. In the future, it is analyzed that as the airline
industry has to maintain profits in face of increase in price, therefore risk management strategies
are used to make improvement in the business functions. The airline staffs should also follow all
the organizational security guidelines to prevent from security risks to be occurred.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
13RISK MANAGEMENT
References
Abbasi, A., Sarker, S. and Chiang, R.H., 2016. Big data research in information systems: Toward
an inclusive research agenda. Journal of the Association for Information Systems, 17(2).
Bazargan, M., 2016. Airline operations and scheduling. Routledge.
Bromiley, P., McShane, M., Nair, A. and Rustambekov, E., 2015. Enterprise risk management:
Review, critique, and research directions. Long range planning, 48(4), pp.265-276.
Burghouwt, G., 2016. Airline network development in Europe and its implications for airport
planning. Routledge.
Carroll, A. and Buchholtz, A., 2014. Business and society: Ethics, sustainability, and stakeholder
management. Nelson Education.
Eckles, D.L., Hoyt, R.E. and Miller, S.M., 2014. Reprint of: The impact of enterprise risk
management on the marginal cost of reducing risk: Evidence from the insurance
industry. Journal of Banking & Finance, 49, pp.409-423.
Epstein, M.J., 2018. Making sustainability work: Best practices in managing and measuring
corporate social, environmental and economic impacts. Routledge.
Goh, J.C.L., Zuo, M.Y. and Pan, S.L., 2016. Achieving the delicate balance between risks &
outcomes in a large-scale IT project–a case study on BCIA’s airport security system. Journal of
Information Technology Teaching Cases, 6(1), pp.36-44.
Hammer, M., 2015. What is business process management?. In Handbook on business process
management 1 (pp. 3-16). Springer, Berlin, Heidelberg.
References
Abbasi, A., Sarker, S. and Chiang, R.H., 2016. Big data research in information systems: Toward
an inclusive research agenda. Journal of the Association for Information Systems, 17(2).
Bazargan, M., 2016. Airline operations and scheduling. Routledge.
Bromiley, P., McShane, M., Nair, A. and Rustambekov, E., 2015. Enterprise risk management:
Review, critique, and research directions. Long range planning, 48(4), pp.265-276.
Burghouwt, G., 2016. Airline network development in Europe and its implications for airport
planning. Routledge.
Carroll, A. and Buchholtz, A., 2014. Business and society: Ethics, sustainability, and stakeholder
management. Nelson Education.
Eckles, D.L., Hoyt, R.E. and Miller, S.M., 2014. Reprint of: The impact of enterprise risk
management on the marginal cost of reducing risk: Evidence from the insurance
industry. Journal of Banking & Finance, 49, pp.409-423.
Epstein, M.J., 2018. Making sustainability work: Best practices in managing and measuring
corporate social, environmental and economic impacts. Routledge.
Goh, J.C.L., Zuo, M.Y. and Pan, S.L., 2016. Achieving the delicate balance between risks &
outcomes in a large-scale IT project–a case study on BCIA’s airport security system. Journal of
Information Technology Teaching Cases, 6(1), pp.36-44.
Hammer, M., 2015. What is business process management?. In Handbook on business process
management 1 (pp. 3-16). Springer, Berlin, Heidelberg.
14RISK MANAGEMENT
Hopkin, P., 2018. Fundamentals of risk management: understanding, evaluating and
implementing effective risk management. Kogan Page Publishers.
Laudon, K.C. and Laudon, J.P., 2016. Management information system. Pearson Education
India.
Patankar, M.S. and Taylor, J.C., 2017. Risk management and error reduction in aviation
maintenance. Routledge.
Peltier, T.R., 2016. Information Security Policies, Procedures, and Standards: guidelines for
effective information security management. Auerbach Publications.
Pyke, D.F., Shi, R., Sibdari, S. and Xiao, W., 2017. Integrated risk management in the airline
industry. INFORMS. Houston, TX.
Rampini, A.A., Sufi, A. and Viswanathan, S., 2014. Dynamic risk management. Journal of
Financial Economics, 111(2), pp.271-296.
Reason, J., 2016. Managing the risks of organizational accidents. Routledge.
Rittinghouse, J.W. and Ransome, J.F., 2016. Cloud computing: implementation, management,
and security. CRC press.
Shaw, S., 2016. Airline marketing and management. Routledge.
Soomro, Z.A., Shah, M.H. and Ahmed, J., 2016. Information security management needs more
holistic approach: A literature review. International Journal of Information Management, 36(2),
pp.215-225.
Hopkin, P., 2018. Fundamentals of risk management: understanding, evaluating and
implementing effective risk management. Kogan Page Publishers.
Laudon, K.C. and Laudon, J.P., 2016. Management information system. Pearson Education
India.
Patankar, M.S. and Taylor, J.C., 2017. Risk management and error reduction in aviation
maintenance. Routledge.
Peltier, T.R., 2016. Information Security Policies, Procedures, and Standards: guidelines for
effective information security management. Auerbach Publications.
Pyke, D.F., Shi, R., Sibdari, S. and Xiao, W., 2017. Integrated risk management in the airline
industry. INFORMS. Houston, TX.
Rampini, A.A., Sufi, A. and Viswanathan, S., 2014. Dynamic risk management. Journal of
Financial Economics, 111(2), pp.271-296.
Reason, J., 2016. Managing the risks of organizational accidents. Routledge.
Rittinghouse, J.W. and Ransome, J.F., 2016. Cloud computing: implementation, management,
and security. CRC press.
Shaw, S., 2016. Airline marketing and management. Routledge.
Soomro, Z.A., Shah, M.H. and Ahmed, J., 2016. Information security management needs more
holistic approach: A literature review. International Journal of Information Management, 36(2),
pp.215-225.
15RISK MANAGEMENT
Teece, D., Peteraf, M. and Leih, S., 2016. Dynamic capabilities and organizational agility: Risk,
uncertainty, and strategy in the innovation economy. California Management Review, 58(4),
pp.13-35.
Teece, D., Peteraf, M. and Leih, S., 2016. Dynamic capabilities and organizational agility: Risk,
uncertainty, and strategy in the innovation economy. California Management Review, 58(4),
pp.13-35.
1 out of 16
Related Documents
Your All-in-One AI-Powered Toolkit for Academic Success.
+13062052269
info@desklib.com
Available 24*7 on WhatsApp / Email
Unlock your academic potential
© 2024 | Zucol Services PVT LTD | All rights reserved.