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An approach for evaluating and selecting methods for risk and vulnerability assessments

Author

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  • E P Ford
  • T Aven
  • W Røed
  • H S Wiencke

Abstract

This paper presents and discusses an approach for evaluating and selecting methods for risk and vulnerability assessments, covering both accidental events and security issues. The approach provides guidance on the selection of one specific, suitable method for various types of decision situations, reflecting different levels of potential consequences and associated uncertainties. The evaluation addresses the various stages of the risk assessment process, covering planning, execution, and use of the risk and vulnerability analyses. An example from information and communication technology (ICT) is used to illustrate the method.

Suggested Citation

  • E P Ford & T Aven & W Røed & H S Wiencke, 2008. "An approach for evaluating and selecting methods for risk and vulnerability assessments," Journal of Risk and Reliability, , vol. 222(3), pages 315-326, September.
    • Handle: RePEc:sae:risrel:v:222:y:2008:i:3:p:315-326
    DOI: 10.1243/1748006XJRR120
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    References listed on IDEAS

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    1. Aven, Terje, 2007. "A unified framework for risk and vulnerability analysis covering both safety and security," Reliability Engineering and System Safety, Elsevier, vol. 92(6), pages 745-754.
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