Risk Assessment and Management across Industries with Novel Methods

¿Risk Assessment and Management across Industries with Novel Methods¿ is a practical book, i.e. the Second Edition of the author¿s new risk management methods accepted by the BookAuthority in "100 Best Financial Risk Management Books of All Time" (https://bookauthority.org/books/best-financial-risk-management-books). It is for Risk Management professionals, managers, risk managers, risk analysts, academics, and degree students teaching/studying Management, Risk Management, Risk & Decision Analysis, and Operations Research. The methods presented are Stochastic Model, Simulation, Optimisation, Six Sigma DMAIC, Neural Network, Decision Tree, Sensitivity & What-If Analyses. Topics are Risk Management in Investments, Petroleum Exploration, Research & Development, Information Systems, Project Management, Agricultural Planning, Production Scheduling, Retail Ordering, Real Estate, Cell-phone Industry, Pharmaceutical Development, Oil Drilling, Purchasing Strategy and Contract Biding. Bernstein stated, ¿the risk will always be there, so we must explore many interesting tools that can help us to control risks we cannot avoid taking¿ (Bernstein & Damodaran 1998). The methods are one such tool.