Elizabeth Haxby and Richard Hartopp
- Published in print:
- 2010
- Published Online:
- January 2011
- ISBN:
- 9780199558612
- eISBN:
- 9780191595011
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199558612.003.0003
- Subject:
- Public Health and Epidemiology, Public Health
Risk identification is key to a comprehensive risk management program that include clinical, operational, and financial risks. All NHS institutions are required by the National Health Service ...
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Risk identification is key to a comprehensive risk management program that include clinical, operational, and financial risks. All NHS institutions are required by the National Health Service Litigation Authority (NHSLA) Risk management Standards for Acute Trusts to have a systematic approach to clinical risk management, since it is a fundamental part of the provision of safe, effective healthcare. This chapter discusses patient safety incident reporting, claims and complaints, clinical audits, morbidity and mortality meetings, executive safety walkrounds, proactive risk assessment, national reports and surveys, and patient safety alerts.Less
Risk identification is key to a comprehensive risk management program that include clinical, operational, and financial risks. All NHS institutions are required by the National Health Service Litigation Authority (NHSLA) Risk management Standards for Acute Trusts to have a systematic approach to clinical risk management, since it is a fundamental part of the provision of safe, effective healthcare. This chapter discusses patient safety incident reporting, claims and complaints, clinical audits, morbidity and mortality meetings, executive safety walkrounds, proactive risk assessment, national reports and surveys, and patient safety alerts.
Michael Powers
- Published in print:
- 2014
- Published Online:
- November 2015
- ISBN:
- 9780231153676
- eISBN:
- 9780231527057
- Item type:
- book
- Publisher:
- Columbia University Press
- DOI:
- 10.7312/columbia/9780231153676.001.0001
- Subject:
- Economics and Finance, Development, Growth, and Environmental
This book examines traditional insurance risks such as earthquakes, storms, terrorist attacks, and other disasters. It begins with a discussion of how the risk of such “acts of God and men” impact on ...
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This book examines traditional insurance risks such as earthquakes, storms, terrorist attacks, and other disasters. It begins with a discussion of how the risk of such “acts of God and men” impact on our lives, health, and possessions. It then proceeds to introduce the statistical techniques necessary for analyzing these uncertainties. It explains that quantifying the risks that such disasters pose is difficult but that it is crucial for achieving the financing objectives of insurance. The book guides readers through the methods available for identifying and measuring such risks, financing their consequences, and forecasting their future behaviour (within the limits of science). It also considers the experience of risk from the perspectives of both policyholders and insurance companies, and compares their respective responses. The discussion of the risks inherent in the private insurance industry leads to a discussion of the government's role as both market regulator and potential “insurer of last resort.” The book concludes with an interdisciplinary investigation into the nature of uncertainty, incorporating ideas from physics, philosophy, and game theory to assess science's limitations in predicting the ramifications of risk.Less
This book examines traditional insurance risks such as earthquakes, storms, terrorist attacks, and other disasters. It begins with a discussion of how the risk of such “acts of God and men” impact on our lives, health, and possessions. It then proceeds to introduce the statistical techniques necessary for analyzing these uncertainties. It explains that quantifying the risks that such disasters pose is difficult but that it is crucial for achieving the financing objectives of insurance. The book guides readers through the methods available for identifying and measuring such risks, financing their consequences, and forecasting their future behaviour (within the limits of science). It also considers the experience of risk from the perspectives of both policyholders and insurance companies, and compares their respective responses. The discussion of the risks inherent in the private insurance industry leads to a discussion of the government's role as both market regulator and potential “insurer of last resort.” The book concludes with an interdisciplinary investigation into the nature of uncertainty, incorporating ideas from physics, philosophy, and game theory to assess science's limitations in predicting the ramifications of risk.
S. K. DAS
- Published in print:
- 2010
- Published Online:
- October 2012
- ISBN:
- 9780198068662
- eISBN:
- 9780199080465
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780198068662.003.0010
- Subject:
- Political Science, Indian Politics
In government, risk management is the practice of harnessing culture, processes, and structures to address potential threats that may prevent an organization from achieving its objectives. Risk ...
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In government, risk management is the practice of harnessing culture, processes, and structures to address potential threats that may prevent an organization from achieving its objectives. Risk management involves having in place a corporate and systematic process for assessing and dealing with the impact of risks in a cost-effective manner, and having the personnel with appropriate skills to identify and evaluate the potential risks that may arise. The risk management process can be classified into two broad categories—risk identification and assessment, and risk management and review. This chapter discusses risk policies and standards, risk registers, risk reporting, and risk awareness and training. It also examines risk management in civil service in Australia, India, and the United Kingdom.Less
In government, risk management is the practice of harnessing culture, processes, and structures to address potential threats that may prevent an organization from achieving its objectives. Risk management involves having in place a corporate and systematic process for assessing and dealing with the impact of risks in a cost-effective manner, and having the personnel with appropriate skills to identify and evaluate the potential risks that may arise. The risk management process can be classified into two broad categories—risk identification and assessment, and risk management and review. This chapter discusses risk policies and standards, risk registers, risk reporting, and risk awareness and training. It also examines risk management in civil service in Australia, India, and the United Kingdom.
Yuri G. Raydugin
- Published in print:
- 2020
- Published Online:
- October 2020
- ISBN:
- 9780198844334
- eISBN:
- 9780191879883
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/oso/9780198844334.003.0003
- Subject:
- Mathematics, Analysis, Applied Mathematics
Overview of the conventional PRM methodology is based on the introduction of a PRM system that comprises a PRM context, a PRM process, and PRM tools. Typical PRM process steps to identify, address, ...
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Overview of the conventional PRM methodology is based on the introduction of a PRM system that comprises a PRM context, a PRM process, and PRM tools. Typical PRM process steps to identify, address, assess, monitor, etc risks are reviewed to comply with PRM context (i.e. features and challenges of a project). Main sorts of uncertainties related to risks as possible impacts on project objectives—uncertainties of identification, manageability, assessments of impacts and probabilities, and favourability—are discussed. Key PRM tools to support the PRM context and the process—a PRM plan, a bowtie diagram, a risk breakdown structure (RBS), a risk assessment matrix (RAM), and a risk register—are introduced. A role of psychological and organizational bias as a systematic error in the PRM process is elaborated.Less
Overview of the conventional PRM methodology is based on the introduction of a PRM system that comprises a PRM context, a PRM process, and PRM tools. Typical PRM process steps to identify, address, assess, monitor, etc risks are reviewed to comply with PRM context (i.e. features and challenges of a project). Main sorts of uncertainties related to risks as possible impacts on project objectives—uncertainties of identification, manageability, assessments of impacts and probabilities, and favourability—are discussed. Key PRM tools to support the PRM context and the process—a PRM plan, a bowtie diagram, a risk breakdown structure (RBS), a risk assessment matrix (RAM), and a risk register—are introduced. A role of psychological and organizational bias as a systematic error in the PRM process is elaborated.