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Risk Management System in the Engineering Design Practice

  • Ekaterina P. GarinaEmail author
  • Natalia S. Andryashina
  • Bolotbek M. Seitov
  • Alexander P. Garin
  • Gulzat T. Tashmurzaeva
Conference paper
Part of the Lecture Notes in Networks and Systems book series (LNNS, volume 91)

Abstract

Relevance of the research topic is due to the existence of sustainable risks in the economic activity of industrial enterprises, including risks of financial losses arising from a manufacturer at implementation of the overall strategy, which necessitates: implementation of the management support function in corporate and administrative practice; formation of measures to prevent damage; minimization (exclusion) of loss risks. The aim of the study is to develop recommendations for improving the risk management system as a tool for effective management of development at the engineering enterprise. Where the risk management system (hereinafter referred to as RMS) is considered as a set of processes carried out by management within the overall strategy of the enterprise. Methodology of project studies was used as a methodological basis and heuristic basis of the research process. Subject of research—risk management system of a machine-building enterprise. In the course of the study it is determined that: in the practice of domestic enterprises, the RMS is most often three-tier and minimizes risks of damage are formed in terms of prevention: failure of counterparties to perform their obligations; improper performance of contractual obligations by counterparties. It is proved that at present in operating activities of domestic enterprises most often represented: sustainable risks of disruptions of supply resources, and as a consequence—growth in the level of expenses; risks of financial losses. Based on what solutions are proposed for the future.

Keywords

Project activity Risk management Prevention actions 

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Copyright information

© Springer Nature Switzerland AG 2020

Authors and Affiliations

  • Ekaterina P. Garina
    • 1
    Email author
  • Natalia S. Andryashina
    • 1
  • Bolotbek M. Seitov
    • 2
  • Alexander P. Garin
    • 1
  • Gulzat T. Tashmurzaeva
    • 3
  1. 1.Minin Nizhny Novgorod State Pedagogical UniversityNizhny NovgorodRussia
  2. 2.Osh Technological UniversityOshKyrgyz Republic
  3. 3.Osh State UniversityOshKyrgyz Republic

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