Training for self-use of risk management tools and for self-development of new models, integration of available and improvement of existing models for risk assessment.

By completing the program of this course student acquires following scientific and research abilities: 1.Risk management diagnosis in the company, 2 Application of risk management tools, 3 Improvement of existing risk assessment models 4 Designing new models for risk assessment and 5 Writing scientific papers in the field of this course.

1. Risk management framework. 2. Basic principles and methods of risk management. 3. Methods and standards for risk management. 4. Designing risk management framework. 5. The risk management process. 6. Implementation of risk management. 7. Qualitative risk assessment models. 8. Quantitative risk assessment models. 9. Statistical models for risk assessment. 10. Risk management tools.

Case studies in the areas of theory in form of seminal work with possible paper publication.

Enrolled semester.

Scientific papers from Scopus, Science Direct and other databases.

Total assigned hours: 65

New material: 35
Elaboration and examples (recapitulation): 15

Auditory exercises: 0
Laboratory exercises: 0
Calculation tasks: 0
Seminar paper: 0
Project: 0
Consultations: 0
Discussion/workshop: 0
Research study work: 0

Review and grading of calculation tasks: 0
Review and grading of lab reports: 0
Review and grading of seminar papers: 5
Review and grading of the project: 5
Test: 0
Test: 0
Final exam: 5

Activity during lectures: 0
Test/test: 0
Laboratory practice: 0
Calculation tasks: 0
Seminar paper: 50
Project: 20
Final exam: 30
Requirement for taking the exam (required number of points): 30

Terje Aven and Jan Erik Vinnem, 2007., Risk Management With Applications from the Offshore Petroleum Industry, Springer Series in Reliability Engineering series ISSN 1614-7839, London; ESPRIT Course material - "Enhancing Industrial Safety, Environmental Protection and Risk Management in Serbia by means of dedicated Training, Education and Technology Transfer",2009.; Greg N. Gregoriou, Advances in Risk Management, PALGRAVE MACMILLAN, ISBN-13: 978–0–230–01916–4, 2009; Scientific papers from Scopus, Science Direct and other databases.; Ivanov, D. (2018). Structural dynamics and resilience in supply chain risk management (Vol. 265). Berlin, Germany: Springer International Publishing.