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AM-97-05 Risk Management: Conceptual foundations and pratical Applications
Richard E. Coffin Lehman Brothers New York, New York
Format:
Electronic (digital download/no shipping)
Associate Member, International Member, Petrochemical Member, Refining Member -
$0.00
Government, NonMember -
$35.00
Description:
The intent of this paper is to introduce the concept of risk management; to discuss its origins; to understand how it has evolved; and to review the important purpose it serves. A historical perspective will furnish an intuitive sense for the need of risk management, while recent advancements in the science of risk management will provide the quantitative justification for establishing a risk management program. In addition, risk management applications in the petroleum industry, and more specifically, in the refining sector will be discussed. Finally, a presentation 6om a broader perspective will illustrate the benefits of looking at a company’s aggregate risk.
Product Details:
Product ID: | AM-97-05 |
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Publication Year: | 1997 |