A conceptual framework for risk matrix capitalization

Hadef Hefaidh and Djebabra Mébarek ()
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Hadef Hefaidh: Kasdi Merbah University of Ouargla
Djebabra Mébarek: University of Chahid Mostepha Ben Boulaid - Batna 2

International Journal of System Assurance Engineering and Management, 2020, vol. 11, issue 3, No 20, 755-764

Abstract: Abstract Research on risk matrices show that there is considerable diversity in the practice of designing risk matrices. This has led to serious problems of standardization and communication. Indeed, these problems affect at the same time on the development of matrices and in their exploitation in term of risk assessment. To solve these problems, this paper proposes an experience feedback method that aims to capitalize the feedback invariants resulting from the analysis of existing risk matrices. This capitalization allows developing a theoretical framework of the robust risk matrices design. The application of the proposed method for examples of matrices confirms the interest of articulating these risk matrices designs through an argument based on experience feedback. In this sense, the merit of the proposed experience feedback method is that it promotes the sharing of knowledge between the actors involved in a risk assessment.

Keywords: Risks; Matrices; Design; Capitalization; Experience feedback (search for similar items in EconPapers)
Date: 2020
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DOI: 10.1007/s13198-020-00949-0

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