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Implementation Of Risk Management In The Community Public Water Supply Services In Romania

Author

Listed:
  • Vasile Emil STEFAN

    (Bucharest University of Economic Studies, Romania)

  • Andreea-Mariana MANTA

    (Bucharest University of Economic Studies, Romania)

  • Carmen Nadia CIOCOIU

    (Bucharest University of Economic Studies, Romania)

  • Bogdan Stefan STOICA

    (Bucharest University of Economic Studies, Romania)

  • Cristian MARCU

    (Bucharest University of Economic Studies, Romania)

Abstract

The article explores the practice of risk management in the field of public utility services. The purpose of the present research is to identify the present situation related to risk management practiced in the field of community water supply and sewerage services in Romania and to highlight the future prospects of improving it. The first part of the article describes the considerable importance of the sector of public utility services. In addition, the special features of this sector of activity are pointed out and the need to practice effective risk management is explained. In the second part, there is a brief presentation of the Romanian situation connected to the practice of risk management in the case of public water supply and sewerage services and the hypothesis from which the research was conducted. The research methods are represented by documentary analysis of the official and scientific data in the studied field and by applying a questionnaire to validate the initial hypothesis and to determinate the future possibilities of updating the practice of risk management in the public water services. The originality of this article consists of identifying the drivers and barriers for risk management, and also the tools for risk assesment and treatment in public water services from Romania by survey of the operators in the field.

Suggested Citation

  • Vasile Emil STEFAN & Andreea-Mariana MANTA & Carmen Nadia CIOCOIU & Bogdan Stefan STOICA & Cristian MARCU, 2021. "Implementation Of Risk Management In The Community Public Water Supply Services In Romania," APPLIED RESEARCH IN ADMINISTRATIVE SCIENCES, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 2(1), pages 34-45, April.
    • Handle: RePEc:rom:arasju:v:2:y:2021:i:1:p:34-45
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