IDEAS home Printed from https://ideas.repec.org/a/lum/rev14e/v4y2019i1p10-20.html
   My bibliography  Save this article

The Implementation of The Risk Register by The Leaders of Preuniversity Educational Organizations

Author

Listed:
  • Gheorghiţa Dumitrache (Torcică)

    (Doctoral student, Valahia University of Târgovişte)

  • Diana Nicoleta Georgescu

    (Doctoral student, Valahia University of Târgovişte)

Abstract

Research issue: Risk management, as part of a management educational organization, is an important process which integrates identification of risks, risk assessment, developing strategies to manage it, and mitigation of risk using managerial methods, techniques and tools. The main objective of the iterative risk management process is to reduce the identified risks, associated with the activities carried out by each structure, as part of the educational entity. As an integral part of risk management, identifying risks or analyzing the future of an organization is a dynamic process that is realized by discovering all the feasible sources that can generate risks, in order to eliminate or diminish the effects that they can produce by the impact they have on achievement of the general and specific objectives set by the organization. The implementation of the risk register, at the level of the educational organizations, involves completion of all specific stages of risk management and elaboration of a document confirming the existence of a functional risk monitoring system, but also of a database with the identified risks, by the leaders of the educational organization. Methodology: The main uses for this paper are observation of the economic and educational national and international experience of the authors, questionnaire applied to teacher from pre-school and primary stages of education. The purpose of questionnaire was to identify all risks from educational organization, as well as teachers perception about the impact on the objectives in case of risk materialization, but also the causes that favor the emergence of risks. Originality: The paper is of particular importance because it describes all the stages of the iterative risk management process carried out in the educational organizations, the analysis of the questionnaires applied to the teachers, the elaboration of the risk register as well as approaches of its implementation in the educational organizations. 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 identify the risk, and it provides some examples for risk in educational area. Conclusion: The implementation of the risk register contributes to ensuring the quality of education, efficient use of resources, to attract new resources and to encourage teachers to gain a responsible attitude towards achieving the general and specific objectives of the educational organization by improving the complex risk management process.

Suggested Citation

  • Gheorghiţa Dumitrache (Torcică) & Diana Nicoleta Georgescu, 2019. "The Implementation of The Risk Register by The Leaders of Preuniversity Educational Organizations," Logos Universalitate Mentalitate Educatie Noutate - Sectiunea Stiinte Economice si Administrative/ Logos Universality Mentality Education Novelty - Section: Economical and Administrative Sciences, Editura Lumen, Department of Economics, vol. 4(1), pages 10-20, December.
  • Handle: RePEc:lum:rev14e:v:4:y:2019:i:1:p:10-20
    DOI: https://doi.org/10.18662/lumeneas/09
    as

    Download full text from publisher

    File URL: https://lumenpublishing.com/journals/index.php/lumeneas/article/view/2354
    Download Restriction: no

    File URL: https://libkey.io/https://doi.org/10.18662/lumeneas/09?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Risk management; educational risk; risk register; risk in educational organizations; leaders;
    All these keywords.

    JEL classification:

    • A23 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Graduate

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:lum:rev14e:v:4:y:2019:i:1:p:10-20. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Antonio Sandu (email available below). General contact details of provider: https://edituralumen.ro .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.