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In this paper, we introduce a probabilistic approach to risk assessment of robot systems by focusing on the impact of uncertainties. While various approaches to identifying systematic hazards (e.g., bugs, design flaws, etc.) can be found in…

Robotics · Computer Science 2024-10-28 Woo-Jeong Baek , Tom P. Huck , Joschka Haas , Jonas Lewandrowski , Tamim Asfour , Torsten Kröger

With the agile approach to managing software development projects comes an increased dependability on well functioning teams, since many of the practices are built on teamwork. The objective of this study was to investigate if, and how,…

Software Engineering · Computer Science 2019-11-26 Lucas Gren , Alfredo Goldman , Christian Jacobsson

Risk assessment services fulfil the task of generating a risk report from personal information and are developed for purposes like disease prognosis, resource utilization prioritization, and informing clinical interventions. A major…

Quantitative Methods · Quantitative Biology 2019-03-19 Eryu Xia , Yiqin Yu , Enliang Xu , Jing Mei , Wen Sun

Our decision-making processes are becoming more data driven, based on data from multiple sources, of different types, processed by a variety of technologies. As technology becomes more relevant for decision processes, the more likely they…

Computers and Society · Computer Science 2018-01-01 Tomasz Ostwald

We review the recently introduced concept of variety of a financial portfolio and we sketch its importance for risk control purposes. The empirical behaviour of variety, correlation, exceedance correlation and asymmetry of the probability…

Statistical Mechanics · Physics 2008-12-10 Fabrizio Lillo , Rosario N. Mantegna , Jean-Philippe Bouchaud , Marc Potters

Enterprise engagement with open source has evolved from tactical adoption to strategic deep integration, exposing them to a complex risk landscape far beyond mere code. However, traditional risk management, narrowly focused on technical…

Software Engineering · Computer Science 2025-11-03 Wenhao Yang , Minghui Zhou , Daniel Izquierdo Cortázar , Yehui Wang

Although general-purpose AI systems offer transformational opportunities in science and industry, they simultaneously raise critical concerns about safety, misuse, and potential loss of control. Despite these risks, methods for assessing…

Computers and Society · Computer Science 2025-12-12 Malcolm Murray , Steve Barrett , Henry Papadatos , Otter Quarks , Matt Smith , Alejandro Tlaie Boria , Chloé Touzet , Siméon Campos

In software project management, risk management is a critical factor. Project managers use existing lists of risk or perform brainstorming to identify the risks. However, it is not easy to perceive all the risks objectively. As a result,…

Software Engineering · Computer Science 2022-09-09 Yukasa Murakami , Masateru Tsunoda , Eduardo C. Campos

With a steadily growing population and rapid advancements in technology, the global economy is increasing in size and complexity. This growth exacerbates global vulnerabilities and may lead to unforeseen consequences such as global…

Social and Information Networks · Computer Science 2018-09-25 Xiang Niu , Alaa Moussawi , Gyorgy Korniss , Boleslaw K. Szymanski

We extend the classical risk minimization model with scalar risk measures to the general case of set-valued risk measures. The problem we obtain is a set-valued optimization model and we propose a goal programming-based approach with…

Risk Management · Quantitative Finance 2012-09-20 Davide La Torre , Marco Maggis

It is often the case that risk assessment and prognostics are viewed as related but separate tasks. This chapter describes a risk-based approach to prognostics that seeks to provide a tighter coupling between risk assessment and fault…

Systems and Control · Electrical Eng. & Systems 2025-08-18 John W. Sheppard

Security risk management can be applied on well-defined or existing systems; in this case, the objective is to identify existing vulnerabilities, assess the risks and provide for the adequate countermeasures. Security risk management can…

Cryptography and Security · Computer Science 2014-04-09 Stéphane Paul

Climate projection uncertainty can be partitioned into model uncertainty, scenario uncertainty and internal variability. Here, we investigate the different sources of uncertainty in the projected frequencies of daily maximum temperature and…

Atmospheric and Oceanic Physics · Physics 2022-08-18 Mackenzie L. Blanusa , Carla J. López-Zurita , Stephan Rasp

A fundamental problem in risk management is the robust aggregation of different sources of risk in a situation where little or no data are available to infer information about their dependencies. A popular approach to solving this problem…

Risk Management · Quantitative Finance 2014-10-06 Raphael Hauser , Sergey Shahverdyan , Paul Embrechts

Decision theory recognizes two principal approaches to solving problems under uncertainty: probabilistic models and cognitive heuristics. However, engineers, public planners and decision-makers in other fields seem to employ solution…

Risk Management · Quantitative Finance 2025-03-14 Alexander Gutfraind

In this work the problem of optimal harvesting policy selection for natural resources management under model uncertainty is investigated. Under the framework of the neoclassical growth model dynamics, the associated optimal control problem…

Optimization and Control · Mathematics 2023-10-24 Georgios I. Papayiannis

The purpose of the research presented in this article is to develop a dynamic system for forecasting and minimizing the risks of an industrial company based on their quantitative assessment. The article considers the conceptual apparatus of…

Risk Management · Quantitative Finance 2022-02-02 Denis S. Gusev , Elena G. Demidova , Olga A. Novikova

Project managers need to manage risks throughout the project lifecycle and, thus, need to know how changes in activity durations influence project duration and risk. We propose a new indicator (the Activity Risk Index, ARI) that measures…

Risk Management · Quantitative Finance 2024-06-04 Fernando Acebes , Javier Pajares , Jose M Gonzalez-Varona , Adolfo Lopez-Paredes

Models continue to increase their already broad use across industry as well as their sophistication. Worldwide regulation oblige financial institutions to manage and address model risk with the same severity as any other type of risk, which…

Risk Management · Quantitative Finance 2017-05-17 Zuzana Krajcovicova , Pedro Pablo Perez-Velasco , Carlos Vazquez

Not a day goes by without news about a cyber attack. Fear spreads out and lots of wrong ideas circulate. This survey aims at showing how all these uncertainties about cyber can be transformed into manageable risk. After reviewing the main…

Cryptography and Security · Computer Science 2023-03-24 Michel Dacorogna , Marie Kratz