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Business Impact Analysis for Disaster Recovery Planning And Beyond
Business impact analysis (BIA) is a stage in the disaster recovery planning process, in which organizations seek to prepare for business interruptions with a plan to surmount them as quickly and...
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Risk Assessment – Is Limitation of It the Only Way to a Normal Life?
Has risk become too much of an obsession? It’s difficult to condemn people for being meticulous, maniacal even, when it comes to assessing risks concerning health and safety. Yet others feel that risk...
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Definition of Risk Management and Damage to Reputation
Risk to reputation is recognized as a concept. In commercial terms, the reputation of an enterprise influences the loyalty of its customers, the prices they are prepared to pay, and the quality of the...
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Operational Risk Scenario Analysis: If Modeling Processes and Systems Is...
Operational risk scenario analysis may sound like a mouthful, but here’s what it’s all about. Firstly, operational risk is the risk to a business of loss from processes, systems and people. While this...
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Is Risk Assessment Is A Risky Business?
As if risks in general weren’t enough, the question is now about the quality of the risk assessment itself. Even more daunting, lists of ‘mistakes in risk assessment’ have been multiplying thanks to...
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Statistical Analysis for Decision Support Tools in Multiple Testing and...
Like retail storefronts with well-dressed mannequins, many internet-facing businesses seek to design their webpages with artistry and easily usable services to meet their goals. Pharmaceutical...
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Risk Management Analytics in Clinical Trials via Data Quality Assurance and...
Whether they are for preventing malaria, detecting melanoma, diagnosing Alzheimer’s disease, treating diabetes, or improving the quality of life for soldiers post-war, clinical trials are crucial....
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Risk Analysis Methods from Probability, Clustering, to Multi-attribute...
Machine failure, patient injury, terrorist attacks, and oil spills are just a few events we endure and have to prepare for in life, and they are things that we have to manage. It is hard to manage...
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Predictive Analytics and Theories for Crude Oil Price Fluctuations Using...
What’s in a barrel of crude oil? For starters, its price affects global economies. The Asian Financial Crisis that started in 1997 had international investors put a lid on funding, which sparked...
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Climate Change Effects and Econometric Electricity Demand Forecasting
Whether you find global warming as an ethereal notion only worthy of banter or, like many scientists, a real phenomenon to be studied, the effects pose difficulty for practitioners to forecast the...
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