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Risk Evaluation: The Paradigm and Tools

  • Aiste Balzekiene
  • Egle Gaule
  • Raimundas Jasinevicius
  • Egidijus Kazanavicius
  • Vytautas PetrauskasEmail author
Conference paper
Part of the Communications in Computer and Information Science book series (CCIS, volume 538)

Abstract

The paper is devoted to: (1) investigate risk as an inherently fundamental entity that exists in all aspects of our life; (2) show that up until now, the majority of available risk definitions are suitable only for particular application areas; (3) propose a relatively unified risk paradigm and a fuzzy logic based risk evaluation methodology and (4) to present a set of computerized risk evaluation tools. This paper confirms and strongly advocates the possibility to use the newly developed, unified/generalized and theoretically based risk control methodology and a set of networked ICT tools for risk evaluation, mitigation and monitoring. Our conclusions emphasize that such methodology, if delivered through a networked academic community would increase the competences of university graduates and enable professionals from governmental and public organizations to properly maintain problems associated with risk and risk control.

Keywords

Risk definition Risk control Risk evaluation Computerized tool set Risk governance training methodology 

Notes

Acknowledgments

This work is supported by KTU grant (2015) “Generalized Methodology for Sociotechnical Risks Governance and Assumptions for the Establishment of RISK-LAB in KTU” (RISK-LAB).

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Copyright information

© Springer International Publishing Switzerland 2015

Authors and Affiliations

  • Aiste Balzekiene
    • 1
  • Egle Gaule
    • 1
  • Raimundas Jasinevicius
    • 2
  • Egidijus Kazanavicius
    • 2
  • Vytautas Petrauskas
    • 2
    Email author
  1. 1.Institute of Public Policy and AdministrationKaunas University of TechnologyKaunasLithuania
  2. 2.Center of Real Time Computer SystemsKaunas University of TechnologyKaunasLithuania

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