Abstract
Our proposed risk management process involves a number of stages that support a scientific methodology of risk management. A number of phases are presented in this chapter. The objective of these phases is to acquire a good level of pattern-based knowledge improvement that can then be referenced and stored. Going through the same full cycle a number of times will allow better understanding of the different patterns a system will expose. Over time the risk management will be able to apply rapid fixing accompanied by faster detection and theretofore more effective overall management.
Surely it is not knowledge, but learning; not owning but earning; not being there, but getting there; that gives us the greatest pleasure.
—Carl Friedrich Gauss
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© 2016 Springer-Verlag Berlin Heidelberg
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Abu el Ata, N., Schmandt, R. (2016). New Universal Risk Management Methodology (X-Act® OBC Platform). In: The Tyranny of Uncertainty. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-49104-1_15
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DOI: https://doi.org/10.1007/978-3-662-49104-1_15
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Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-662-49103-4
Online ISBN: 978-3-662-49104-1
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