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A conceptual framework for risk matrix capitalization

Author

Listed:
  • Hadef Hefaidh

    (Kasdi Merbah University of Ouargla
    University of Chahid Mostepha Ben Boulaid - Batna 2)

  • Djebabra Mébarek

    (University of Chahid Mostepha Ben Boulaid - Batna 2)

Abstract

Research on risk matrices show that there is considerable diversity in the practice of designing risk matrices. This has led to serious problems of standardization and communication. Indeed, these problems affect at the same time on the development of matrices and in their exploitation in term of risk assessment. To solve these problems, this paper proposes an experience feedback method that aims to capitalize the feedback invariants resulting from the analysis of existing risk matrices. This capitalization allows developing a theoretical framework of the robust risk matrices design. The application of the proposed method for examples of matrices confirms the interest of articulating these risk matrices designs through an argument based on experience feedback. In this sense, the merit of the proposed experience feedback method is that it promotes the sharing of knowledge between the actors involved in a risk assessment.

Suggested Citation

  • Hadef Hefaidh & Djebabra Mébarek, 2020. "A conceptual framework for risk matrix capitalization," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 11(3), pages 755-764, June.
    • Handle: RePEc:spr:ijsaem:v:11:y:2020:i:3:d:10.1007_s13198-020-00949-0
    DOI: 10.1007/s13198-020-00949-0
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