Adoption of management decisions on the basis of the risk management model
The construction of a dynamic model of risk management for a construction company is considered, which can significantly increase the efficiency of management decisions.
Abstract
The construction of a dynamic model of risk management for a construction company is considered, which can significantly increase the efficiency of management decisions. To build a dynamic model, the most common approaches to management are considered: process, system and situational. To effectively assess the risks of a construction company, a two-stage model for assessing static and dynamic indicators was used. At the initial stage, the probability of risk values for groups of factors (financial, engineering, technological, economic, marketing) was determined. At the second stage, the degree of influence of groups of factors on the overall probability of risk occurrence is determined. As a result, for each of the analyzed indicators that determine the risk, a sequence of its most probable values is formed at the moment tk.