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What is risk?

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What is risk, and how can it be expressed? Different international standards, such as the AS/NZS 3460 Risk Management Standard, the COSO ERM framework and the ISO 31000 Risk Management Standard do not provide adequate guidance for risk assessments and lack the necessary precision.

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ARTICLES and PAPERS
Risks in maritime supply chains
Globalization and international trade is heavily reliant on safe and open waterways. Sea transport c[...]
Pork Barrel spending?
Why is it that some infrastructure projects in sparsely populated regions of Norway receive more fun[...]
BOOKS and BOOK CHAPTERS
Book Review: Heads in the sand
Finally, after 5 days of volcanic ash cloud posting, I can return to my regular topics of supply cha[...]
Book review: Handbook of Transportation Engineering
Comprehensive and all-encompassing, the Handbook of Transportation Engineering by Myer Kutz (editor)[...]
REPORTS and WHITEPAPERS
Creating the resilient supply chain
This blog is about supply chain risk, business continuity and transport vulnerability, and while I h[...]
When disaster strikes...
...how does the transportation network recover? And why are transportation networks so essential to [...]
from HERE and THERE
Trade compliance risks
Although "German" traffic from countries like Germany, Austria and Switzerland make up less than 10[...]
International Supply Chain Risk Management
The International Supply Chain Risk Management Network (ISCRiM) is a network of academics interested[...]