Volume 10, Issue 1,January 2019, Pages 1561-1568, Page Count - 8
MODELLING INSTRUMENTS IN RISK MANAGEMENTBondarenko Svitlana (1) Bodenchuk Liliya (2) Krynytska Oksana (3) Gayvoronska Inna (4)
(1) Department of Economic Management of Natural Resources, Institute of Market Problems and Economic-Ecological Research, National Academy of Sciences of Ukraine, Frantsuzky Boulevard, Odessa, Ukraine.
(2) Department of Economics and Management, Pridunai branch, Interregional Academy of Personnel Management, Izmail, Ukraine.
(3) Department of Economic Theory and Financial-Economic Security, Odessa National Academy of Food Technologies, Odessa, Ukraine.
(4) Department of Marketing and Business Administration, Odessa I. I. Mechnikov National University, Odessa, Ukraine.
Manuscript ID:- 00000-21090
Access Type : Open Access
Read Full Article
Cite this article:Bondarenko Svitlana,Bodenchuk Liliya,Krynytska Oksana,Gayvoronska Inna, Modelling Instruments In Risk Management, International Journal of Civil Engineering and Technology(IJCIET), 2019, 10(1), PP.1561-1568
Methods of modelling risks can be considered as a kind of simulation of the future in laboratory conditions. Since the program chooses the values of input variables from random probability distributions, each resulting result reflects the possible state of affairs in the future. Each of these combinations can actually be realized, and with the same degree of probability. Therefore, the results are also possible in the future and are equally likely. The proposed method allows to select, according to certain criteria, the necessary risk indicators for their further study. The economic interpretation of various aspects of the results of managerial analysis obtained during the calculation of indicators is based on an integrated factor model for assessing the efficiency of the enterprise, and the visualization of the results of the analysis of indicators is carried out using such a tool as a managerial monitor. The second instrument – simulation method – allows obtaining more accurate results of calculating the influence of factors in comparison with the methods of chain substitution, absolute and relative differences, integral, logarithm, index and proportional distribution, and allows avoiding ambiguous evaluation of the influence of factors, because in this case the results does not depend on the location of the factors in the model, and the additional increment of the effective indicator, which is formed from the interaction of factors, decomposes between them proportions It is also an indicator of influence.
Modelling risk risk management three-factor model two-dimensional space
The publication contains the results of studies conducted by Presidents of Ukraine grant for competitive project ? 0118U005233 «Formation mechanisms of strategic management in national security of Ukraine area based on innovation system systemic stability» of the State Fund for Fundamental Research.
|ISSN Print: 0976-6308||ISSN Online: 0976-6316|
|Source Type: Journals||Document Type: Journal Article|
|Publication Language: English||DOI: 10.34218/IJCIET.10.1.2019.143|
|Abbreviated Journal Title: IJCIET||Access Type: Open Access|
|Publisher Name: IAEME Publication||Resource Licence: CC BY-NC|
|Major Subject:Physical Sciences||Subject Area classification: Engineering and Technology|
|Subject area: Safety, Risk, Reliability and Quality||Source: SCOPEDATABASE|
- Svitlana Anatoliivna Bondarenko, Igor Ivanovych Savenko, Iryna Oleksandrivna Sedikova, Kateryna Volodymyrivna Kucherenko,
THE GRADING OF THE LEVEL OF REMUNERATION AS A MOTIVATIONAL MECHANISM
(2018)International Journal of Civil Engineering and Technology,, Volume 9, Issue 11, Page No 1384-1394,
- Svitlana Bondarenko, Iryna Liganenko, Olga Kalaman, Liubov Niekrasova,
Comparison of Methods For Determining The Competitiveness of Enterprises To Determine Market Strategy
(2018)International Journal of Civil Engineering and Technology ,, Volume 9, Issue 13, Page No 890–898,
- Svitlana Bondarenko, Volodymyr Lagodienko, Iryna Sedikova, Olga Kalaman,
APPLICATION OF PROJECT ANALYSIS SOFTWARE IN PROJECT MANAGEMENT IN THE PRE-INVESTMENT PHASE
(2018)International Journal of Mechanical Engineering and Technology,, Volume 9, Issue 13, Page No 676-684,
- Mykhailo Baimuratov, Ivan Myshshak, Oksana Krynytska.
Mechanism of ensuring quality of higher educational institutions` work
(2018)Science and Education, Issue 4, Page No 35-42,
- Bondarenko S., Liganenko I.
Background and problem aspects of innovative development the industrial enterprises of Ukraine // Transformational processes the development of economic systems in conditions of globalization: scienti
(2018)ISMA University, Volume 2, Page No 23-31,
- Bashynska I., Dyskina A.
The overview-analytical document of the international experience of building smart city
(2018)VERSLAS: TEORIJA IR PRAKTIKA / BUSINESS: THEORY AND PRACTICE, Volume 19, Page No 228–241,
- S. Bondarenko.
Synergetic management as a management technology of enterprise innovative development.
(2017)Journal of Applied Management and Investments (JAMI), Volume 6, Issue 4, Page No 223-230,
- Iryna Bashynska, Volodymyr Filippov, Nadiia Novak,
Smart Solutions: Protection NFC Cards With Shielding Plates
(2018)International Journal of Civil Engineering and Technology,, Volume 9, Issue 11, Page No 1063-1071,
- I. Bashynska
Using SMM by industrial enterprises
(2018)Actual Problems of Economics, Volume 186, Issue 12, Page No 360-369,
- Bodenchyuk L. B.
Analysis of the innovative activity at the Ukrainian machine-building enterprises
- Bashynska I.O.
Using the method of expert evaluation in economic calculations
Actual Problems of Economics, Volume 169, Issue 7, Page No 408-412,
- Bodenchuk L
Method for assessing the potential of enterprise: a modified the graphanalytical method algorithm
(2016)European practice of scientific research, Schweinfurt, Volume 1, Page No 20-24,
- Farah Salwati Ibrahim, Muneera Esa,
A Study on Enterprise Risk Management and Organizational Performance: Developer`s Perspective
(2017)International Journal of Civil Engineering and Technology,, Volume 8, Issue 10, Page No 184–196,
- R. Prasanna Kumar, Afshan sheikh, SS. Asadi,
A Systematic Approach For Evaluation of Risk Management In Road Construction Projects - A Model Study
(2017)International Journal of Civil Engineering and Technology,, Volume 8, Issue 3, Page No 888–902,
- Shivakumar Deene,
An Empirical Examination of Liquidity Risk Management with Special Reference to Vijaya Bank
(2015)International Journal of Management,, Volume 6, Issue 11, Page No 1-18,