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Establishing Boundaries for Risk Taking

Establishing Boundaries for Risk Taking

Copyright: © 2017 |Pages: 38
ISBN13: 9781522525035|ISBN10: 1522525033|EISBN13: 9781522525042
DOI: 10.4018/978-1-5225-2503-5.ch006
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MLA

Peter Adoko Obicci. "Establishing Boundaries for Risk Taking." Risk Management Strategies in Public-Private Partnerships, IGI Global, 2017, pp.191-228. https://doi.org/10.4018/978-1-5225-2503-5.ch006

APA

P. Obicci (2017). Establishing Boundaries for Risk Taking. IGI Global. https://doi.org/10.4018/978-1-5225-2503-5.ch006

Chicago

Peter Adoko Obicci. "Establishing Boundaries for Risk Taking." In Risk Management Strategies in Public-Private Partnerships. Hershey, PA: IGI Global, 2017. https://doi.org/10.4018/978-1-5225-2503-5.ch006

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Abstract

In this chapter, a model for risk taking tool directed towards and tailored specifically for establishing risk boundaries. The goal of the chapter is to cover the particular threats pertinent to the risk context and provide an interface between the broader philosophy of risk raking frameworks and the risk attitude perception, thus aiding in the successful and secure risk taking. The model incorporates a wide range of factors concerning risk returns and risk responses, assembled into a checklist to ensure properly manageable risks are taken by the parties. It is concluded that this is the starting point for a systematic risk management in PPPs.

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