Risk Management In Road Sector / Framework

Risk management is a difficult and complex task and involves many perspectives. This paper deals mainly with the aspect of risk management as integrated in the regular governance system at a road transport authority and draws on experience gathered from the work of the PIARC Committee for Risk Management (TC 3.2). It is an extract from a report soon to be published by the Committee. Many governments have stipulated that public authorities must place greater emphasis on risk management and internal control. The paper also presents and discusses a few practical approaches regarding governance, risk analysis and risk evaluation. Risk evaluation is a particularly complex task for decision makers. It is an issue that affects a wide range of key interests in modern society. The paper also touches on some philosophical and fundamental aspects of risk and risk management. These aspects have formed the basis for the practical approach. For the covering abstract see ITRD E139491.

  • Authors:
    • HANSEN, J
    • Donzel, M
  • Publication Date: 2007

Language

  • English

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 01116804
  • Record Type: Publication
  • Source Agency: TRL
  • Files: ITRD
  • Created Date: Dec 22 2008 8:25AM