运营风险管理波兰华沙大学.pptVIP

波兰华沙大学运营风险管理 ProgrammeAims and objectives:To give an integrated perspective on operational risk managementTo enhance basic skills of risk management development programmesKey topics:Key concepts of operational risk managementRisk research and assessmentRisk management Traditional risk managementdeals with uncertainty ofmarketsBoomof NewEconomyBurstof NewEconomyNASDAQ Stock Exchange Why to manage risk ?Only few operational plans run according to the initial schedules and other assumptionsThere is nothing like an operational programme free of risks. A part of business challengecomes out from the risk behind them.There are many powers working against your plans. Many will enjoy your fall down.Sometimes the operational management requires unlikely decisions, when the unexpectedoccurs.It is not possible to forecast and programme a convenient reaction against any risk. However a goodmanager how to adapt his plans to meet the risks.There is a very narrow gap between foolishnessand a reasonable risk and it outcomes from a good understanding of potential losses and acceptedrisk for the owner and participants of the programme or project.Business is like a game. Very often a winners grabs the whole pool.Do you lack the luck, or maybe you are unprofessional ? Adapt or die ! Effects of business projects RealityWhat is common for these projects / programmes ?EurotunnelMillennium BugBarrings Bank (trade of derivatives)IRIDIUM cellular networkProject Blue What is risk ?Risk of unlikely events or circumstancesRisk is related to the uncertaintyRisk management includes: concepts,recommendations, procedures, methods andtechniques, organisational structures,methodologies, which may reduce or eliminatethe effects of unlikely events or circumstances Major errors of estimation ofthe risk-profit ratioCase I:A project, which is too risky or costly is beingrun to its end (Eurotunnel). Effect: significantlylower risk or loss or even crash.Case II:A project rejected, which promised reasonableri