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- W91865947 abstract "There has been compelling signs of the great potential of building further synergy with academics, researchers, and industry practitioners from the areas of Modeling and Simulation (M&S) managing risk events. This paper provides an introduction to risk management and how M&S has permeated the risk management process. The trend has been to harness the advantages of M&S tools and techniques in terms of efficiency and effectiveness in managing risks. However, the more important contribution of M&S may be in how it provides a way for specialists in various disciplines or industries interact to manage risks that require multi-disciplinary approach. This becomes possible due to the capabilities of many M&S tools and techniques to be used to recognize the various objectives in risk management scenarios, as well as the need for multiple and non-commensurate performance parameters." @default.
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- W91865947 date "2011-04-03" @default.
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- W91865947 title "Emerging M&S application in risk management" @default.
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- W91865947 doi "https://doi.org/10.5555/2048513.2048531" @default.
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