Risk Assessment And Prioritization Framework
A system and method of identifying, assessing and prioritizing risks are provided. The system and method may include a risk identification module that may identify one or more risks to a business, organization, entity, group or department within the entity, etc. One or more risk variables associated...
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creator | WILLIAMS GREGORY E DEB SUBHAJIT HARA MORIAH LAZAR THORNHILL WILLIAM TYLER |
description | A system and method of identifying, assessing and prioritizing risks are provided. The system and method may include a risk identification module that may identify one or more risks to a business, organization, entity, group or department within the entity, etc. One or more risk variables associated with each identified risk may then be identified. In some examples, the risk variables may be the same or substantially similar for all identified risks. A risk score for each identified risk variable may be determined and an overall risk score for each identified risk may then be determined based on the determined variable risk scores. In some examples, the overall score may be normalized on a predetermined scale. Once an overall score for each risk is determined, the risks having the highest priority may be identified. |
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The system and method may include a risk identification module that may identify one or more risks to a business, organization, entity, group or department within the entity, etc. One or more risk variables associated with each identified risk may then be identified. In some examples, the risk variables may be the same or substantially similar for all identified risks. A risk score for each identified risk variable may be determined and an overall risk score for each identified risk may then be determined based on the determined variable risk scores. In some examples, the overall score may be normalized on a predetermined scale. 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Once an overall score for each risk is determined, the risks having the highest priority may be identified.</description><subject>CALCULATING</subject><subject>COMPUTING</subject><subject>COUNTING</subject><subject>DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES</subject><subject>PHYSICS</subject><subject>SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR</subject><fulltext>true</fulltext><rsrctype>patent</rsrctype><creationdate>2012</creationdate><recordtype>patent</recordtype><sourceid>EVB</sourceid><recordid>eNrjZNAJyizOVnAsLk4tLs5NzStRcMxLUQgoyswvyizJrEosyczPU3ArSsxNLc8vyuZhYE1LzClO5YXS3AzKbq4hzh66qQX58anFBYnJqXmpJfGhwUYGhkZGhqam5qaOhsbEqQIATBEq6g</recordid><startdate>20120823</startdate><enddate>20120823</enddate><creator>WILLIAMS GREGORY E</creator><creator>DEB SUBHAJIT</creator><creator>HARA MORIAH LAZAR</creator><creator>THORNHILL WILLIAM TYLER</creator><scope>EVB</scope></search><sort><creationdate>20120823</creationdate><title>Risk Assessment And Prioritization Framework</title><author>WILLIAMS GREGORY E ; DEB SUBHAJIT ; HARA MORIAH LAZAR ; THORNHILL WILLIAM TYLER</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-epo_espacenet_US2012215575A13</frbrgroupid><rsrctype>patents</rsrctype><prefilter>patents</prefilter><language>eng</language><creationdate>2012</creationdate><topic>CALCULATING</topic><topic>COMPUTING</topic><topic>COUNTING</topic><topic>DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES</topic><topic>PHYSICS</topic><topic>SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR</topic><toplevel>online_resources</toplevel><creatorcontrib>WILLIAMS GREGORY E</creatorcontrib><creatorcontrib>DEB SUBHAJIT</creatorcontrib><creatorcontrib>HARA MORIAH LAZAR</creatorcontrib><creatorcontrib>THORNHILL WILLIAM TYLER</creatorcontrib><collection>esp@cenet</collection></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext_linktorsrc</fulltext></delivery><addata><au>WILLIAMS GREGORY E</au><au>DEB SUBHAJIT</au><au>HARA MORIAH LAZAR</au><au>THORNHILL WILLIAM TYLER</au><format>patent</format><genre>patent</genre><ristype>GEN</ristype><title>Risk Assessment And Prioritization Framework</title><date>2012-08-23</date><risdate>2012</risdate><abstract>A system and method of identifying, assessing and prioritizing risks are provided. The system and method may include a risk identification module that may identify one or more risks to a business, organization, entity, group or department within the entity, etc. One or more risk variables associated with each identified risk may then be identified. In some examples, the risk variables may be the same or substantially similar for all identified risks. A risk score for each identified risk variable may be determined and an overall risk score for each identified risk may then be determined based on the determined variable risk scores. In some examples, the overall score may be normalized on a predetermined scale. Once an overall score for each risk is determined, the risks having the highest priority may be identified.</abstract><oa>free_for_read</oa></addata></record> |
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subjects | CALCULATING COMPUTING COUNTING DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES PHYSICS SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR |
title | Risk Assessment And Prioritization Framework |
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