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Identifying Risks In Educational Organizations

Author

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  • Gheorghi?a DUMITRACHE (TORCICA)

    (”Valahia” University of Targoviste, Romania)

Abstract

Risk management within educational organization is an important activity which must integrates recognition of risk, risk assessment, developing strategies to manage it, and mitigation of risk using managerial tools. Objective of risk management is to reduce different risks related to a pre-selected domain to an acceptable. It may refer to numerous types of threats caused by environment, technology, humans, organizations and politics. The process of risk identification within educational organizations is the most important în the process of risk management. If a risk is not identified correctly, then the risk manager will not be able to cuantify it and find the proper method of counteracting the significant results of risk exposures. The paper describes the different risk identification tools and techniques in the risk management process, which methods are used in the different steps in order to risk identification, and provides some examples for risk in educational area.

Suggested Citation

  • Gheorghi?a DUMITRACHE (TORCICA), 2019. "Identifying Risks In Educational Organizations," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 4(2), pages 80-85.
    • Handle: RePEc:brc:brccej:v:4:y:2019:i:2:p:80-85
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    More about this item

    Keywords

    Risk management; educational; risk identification; identification tools and techniques; risk in educational organizations;
    All these keywords.

    JEL classification:

    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • I28 - Health, Education, and Welfare - - Education - - - Government Policy

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