Risk management decision making

the Analytic Hierarchy Process approach

Rabihah Md. Sum

Research output: Contribution to journalMeeting abstract

Abstract

This research aims to explore the application of Analytic Hierarchy Process (AHP) as a decision making tool in risk management. Previous studies on risk management mainly focus on the effect of risk management on firm value, how to implement risk management, factors that determine firms to implement risk management and measuring risk and capital requirement. The Multi Criteria Decision Making (MCDM) tool has assisted decision makers in making decision involving complex issues and AHP is one of the widely used MCDM methods. The use of AHP as a decision making tool in risk management is mainly concentrated in project risk management and supply chain risk management. Studies on the application of AHP to risk management of an enterprise has not yet been done. This research aims to fill this gap.
Original languageEnglish
Pages (from-to)54
Number of pages1
JournalExpo 2012 Higher Degree Research : book of abstracts
Publication statusPublished - 2012
EventHigher Degree Research Expo (8th : 2012) - Sydney
Duration: 12 Nov 201213 Nov 2012

Keywords

  • risk management
  • decision making
  • analytic hierarchy process
  • multi-criteria decision making

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