Relations of COVID-19 and the Risk Management Framework

The routine approach used in risk management is based on the scheme that within the prevention period an organisation or a state prepares for the expected risks and once the risks occur, resources and internal procedures are implemented to mitigate their negative consequences. The objective of the p...

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Autores principales:	Jozef Klucka, Rudolf Gruenbichler, Jozef Ristvej
Formato:	article
Lenguaje:	EN
Publicado:	MDPI AG 2021
Materias:	COVID-19 SARS-CoV-2 risk risk management framework strategies Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350
Acceso en línea:	https://doaj.org/article/9fbe69019142493c955adfccb5be3ca5
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spelling	oai:doaj.org-article:9fbe69019142493c955adfccb5be3ca52021-11-11T19:33:21ZRelations of COVID-19 and the Risk Management Framework10.3390/su1321118542071-1050https://doaj.org/article/9fbe69019142493c955adfccb5be3ca52021-10-01T00:00:00Zhttps://www.mdpi.com/2071-1050/13/21/11854https://doaj.org/toc/2071-1050The routine approach used in risk management is based on the scheme that within the prevention period an organisation or a state prepares for the expected risks and once the risks occur, resources and internal procedures are implemented to mitigate their negative consequences. The objective of the paper is to analyse risk management and its constraints, its application in COVID-19 period and based on it provide mitigating strategies for specific problems/risks related to COVID-19. The research methods related to the topics are: (a) study of books, newspapers and other internet resources and (b) interviews with COVID-19 managers at district and regional level in the north of Slovakia. The proposals for mitigation strategies are based on the basic assumption relevant for COVID-19 that there are risks with unknown probability and unknown consequences. Therefore, the mitigation strategies are adapted to the current situation, which includes lack of data and know-how, lack of experience, political and economic unrest and social problems. The impact of constraints is based on an ad-hoc or unplanned and clearly structured approach. Problems and risks are identified and mitigation strategies are proposed. The proposed measures (quantitative/qualitative) should be evaluated and via benchmarking the development and efficiency of applied measures monitored and assessed. The output of identified risk-known and –unknown creates a framework for implementation.Jozef KluckaRudolf GruenbichlerJozef RistvejMDPI AGarticleCOVID-19SARS-CoV-2riskrisk managementframeworkstrategiesEnvironmental effects of industries and plantsTD194-195Renewable energy sourcesTJ807-830Environmental sciencesGE1-350ENSustainability, Vol 13, Iss 11854, p 11854 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	COVID-19 SARS-CoV-2 risk risk management framework strategies Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350
spellingShingle	COVID-19 SARS-CoV-2 risk risk management framework strategies Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350 Jozef Klucka Rudolf Gruenbichler Jozef Ristvej Relations of COVID-19 and the Risk Management Framework
description	The routine approach used in risk management is based on the scheme that within the prevention period an organisation or a state prepares for the expected risks and once the risks occur, resources and internal procedures are implemented to mitigate their negative consequences. The objective of the paper is to analyse risk management and its constraints, its application in COVID-19 period and based on it provide mitigating strategies for specific problems/risks related to COVID-19. The research methods related to the topics are: (a) study of books, newspapers and other internet resources and (b) interviews with COVID-19 managers at district and regional level in the north of Slovakia. The proposals for mitigation strategies are based on the basic assumption relevant for COVID-19 that there are risks with unknown probability and unknown consequences. Therefore, the mitigation strategies are adapted to the current situation, which includes lack of data and know-how, lack of experience, political and economic unrest and social problems. The impact of constraints is based on an ad-hoc or unplanned and clearly structured approach. Problems and risks are identified and mitigation strategies are proposed. The proposed measures (quantitative/qualitative) should be evaluated and via benchmarking the development and efficiency of applied measures monitored and assessed. The output of identified risk-known and –unknown creates a framework for implementation.
format	article
author	Jozef Klucka Rudolf Gruenbichler Jozef Ristvej
author_facet	Jozef Klucka Rudolf Gruenbichler Jozef Ristvej
author_sort	Jozef Klucka
title	Relations of COVID-19 and the Risk Management Framework
title_short	Relations of COVID-19 and the Risk Management Framework
title_full	Relations of COVID-19 and the Risk Management Framework
title_fullStr	Relations of COVID-19 and the Risk Management Framework
title_full_unstemmed	Relations of COVID-19 and the Risk Management Framework
title_sort	relations of covid-19 and the risk management framework
publisher	MDPI AG
publishDate	2021
url	https://doaj.org/article/9fbe69019142493c955adfccb5be3ca5
work_keys_str_mv	AT jozefklucka relationsofcovid19andtheriskmanagementframework AT rudolfgruenbichler relationsofcovid19andtheriskmanagementframework AT jozefristvej relationsofcovid19andtheriskmanagementframework
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Relations of COVID-19 and the Risk Management Framework

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