Please use this identifier to cite or link to this item: https://doi.org/10.1109/IEEM.2008.4738084
Title: On a framework for Strategic and Tactical Risk Management
Authors: Chengwei, L.
Min, X. 
Habibullah, M.S.
Keywords: Reliability
Risk Management
Safety
Issue Date: 2008
Source: Chengwei, L.,Min, X.,Habibullah, M.S. (2008). On a framework for Strategic and Tactical Risk Management. 2008 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2008 : 1319-1323. ScholarBank@NUS Repository. https://doi.org/10.1109/IEEM.2008.4738084
Abstract: Strategic and Tactical Risk Management (STRM) is a risk management tool providing users with a framework to assess, monitor and manage the safety of their systems in the short and long term basis. It consists of 2 levels of analyses: the Tactical Safety Assessment (TSA) and the Strategic Safety Assessment (SSA). The tactical level analysis serves to provide a quantitative assessment of the safety of the system when a stimulus is introduced into it. The strategic level analysis helps users to improve the overall safety of the system in a long term perspective by detecting deficiencies in the safety of the system and organization. Systems can be meaningfully categorized with respect to the type of risk management needs that are pertinent to them - Understanding, Developed and Revitalize. An illustration of the application of the STRM framework will be presented on a chore of boiling water using a non-electronic kettle. © 2008 IEEE.
Source Title: 2008 IEEE International Conference on Industrial Engineering and Engineering Management, IEEM 2008
URI: http://scholarbank.nus.edu.sg/handle/10635/72357
ISBN: 9781424426300
DOI: 10.1109/IEEM.2008.4738084
Appears in Collections:Staff Publications

Show full item record
Files in This Item:
There are no files associated with this item.

Page view(s)

22
checked on Dec 9, 2017

Google ScholarTM

Check

Altmetric


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.