Purpose – This short poem seeks to encapsulate a cynical view of the value of risk assessment. Design/methodology/approach – The poem was written at the time of the collapse of the banks, despite their elaborate risk assessments. It juxtaposes modern belief in risk assessment with other...

Purpose – Malting barley is an important specialty crop in the Northern Plains and growers mitigate risk with federally subsidized crop insurance and production contracts. The purpose of this paper is to quantify risks growers face due to “coverage gaps” in crop insurance that result in...

Purpose – The purpose of this paper is to present AgProfit™ as a tool for users to assess economic risks associated with adoption of new technologies or production practices in production agriculture. Design/methodology/approach – This paper presents the AgProfit™ software program, its...

Purpose – Limited funding to maintain and preserve short‐line railroad (SLRR) bridge infrastructure requires that important priority decisions be made on an annual basis. The compartmentalized, dispersed, and diverse nature of many SLRR owners and operators is such that there is a need for a...

Purpose – The purpose of this paper is to identify the risks and methods for their assessment in the case of maintenance activities in Sri Lanka. The main objectives were to identify the occupational risks in maintenance work and the risk assessment methods in place and their drawbacks in the...

Purpose – This paper aims to provide a review of techniques that support risk management in product development projects using the concurrent engineering (CE) philosophy. Design/methodology/approach – The Australia/New Zealand risk management standard AS/NZS 4360:1999 proposes a generic...

Purpose – The purpose of this paper is to provide a reliable and accurate instrument to assess the supply chain risk of similar comparable industries. This enables the firms which fall in this category of industry to identify and incorporate suitable risk sources under various risk constructs....

Purpose – E‐trade (or electronic trading) appears to offer increased efficiency in business processes, but only a limited number of small firms in Korea have adopted the new processes. The purpose of this paper is to try to establish the obstacles and the perceived barriers to the continuing...

Purpose The research indicates there is a positive link between the improvement capability of an organisation and the intensity of effort applied to a business process improvement (BPI) project or initiative. While a degree of stochastic variation in applied effort to any particular improvement...

The widespread use of derivatives in asset and liability management raises the issue of appropriate measurement of credit exposure. However, nearly all industry literature focuses on the needs of the most sophisticated dealers, which presents a problem for those users who want to improve the...