MODELS AND METHODS FOR ANALYSISANDRISK ASSESSMENT IN THE CONTEXTOF ITS DIGITAL MANAGEMENT

Marieta Hristova ()
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Marieta Hristova: University of Economics – Varna, Bulgaria

Economic Science, education and the real economy: Development and interactions in the digital age, 2020, issue 1, 725-736

Abstract: The concept ofrisk is central to a number of social and natural sciences, each with its own subject matter and focus in its research, evaluation and management. This is precisely what outlines the broad boundaries within which possible methods, approaches and techniques for risk analysis vary. Prioritizing them is justified and predetermined by industry specificities, derived criteria for success, access to information, reliability and usefulness of results and other existing limitations.The development of modern technologies offers opportunities for increasing the effectiveness of risk management. The implementation of the right software provides automation and optimization of business processes, refines forecasting and planning under conditions of systematic control and monitoring.

Keywords: risk; risk analysis; risk analysis methods; risk management software (search for similar items in EconPapers)
JEL-codes: M21 (search for similar items in EconPapers)
Date: 2020
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