TY - JOUR KW - AHP KW - multi-criteria decision-making KW - Risk KW - risk management AU - Gueorgui Stankov AB -
Incorporating the problems of risk in the management of an organization is an important issue for any manager, especially for those in the security sector. This article examines different approaches that enable taking into account the associated risks in decision-making. Considering a comprehensive understanding of risk, the transformation problems resolved in an organization and the types of factors in decision-making, three different approaches are described. Based on the Analytic Hierarchy Process (AHP) methodology, an integral criterion for selection of an alternative could be developed.
BT - Information & Security: An International Journal DO - http://dx.doi.org/10.11610/isij.2317 IS - 2 LA - eng N2 -Incorporating the problems of risk in the management of an organization is an important issue for any manager, especially for those in the security sector. This article examines different approaches that enable taking into account the associated risks in decision-making. Considering a comprehensive understanding of risk, the transformation problems resolved in an organization and the types of factors in decision-making, three different approaches are described. Based on the Analytic Hierarchy Process (AHP) methodology, an integral criterion for selection of an alternative could be developed.
PY - 2009 SP - 224 EP - 233 T2 - Information & Security: An International Journal TI - Risk as a Factor in Decision-Making VL - 23 ER -