COMPARING RISK AND RESILIENCE APPROACHES
Leon Runje1
,
Amalija Horvatić Novak2,
Biserka Runje2,
Andrej Razumić2 and
Veljko Kondić3
1Ministry of Defence of the Republic of Croatia
Zagreb, Croatia
2University of Zagreb, Faculty of Mechanical Engineering and Naval Architecture
Zagreb, Croatia
3University North
Varaždin, Croatia
INDECS 19(3), 366-374, 2021
DOI 10.7906/indecs.19.3.2
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Received: 9th March 2021.
Accepted: 27th September 2021.
Regular article |
ABSTRACT
Ever increasing challenges in the areas of risk management have led to a need for a risk management approach which deals not only with threat prevention but also adaption, absorption and recovery from adverse events. This has led to the rise of the concept of resilience analysis and management, which, unlike risk assessment and management focuses on the overall system under analysis rather than its individual components. Therefore, both the civilian and military sector have, over the past decade, emphasized the need to clarify the concept of resilience management as well as to differentiate it from related terms such as risk management. This article aims to build upon the existing literature and provide a comparison of the risk and resilience approaches which offer ways to analyze and manage these concepts
KEY WORDS
risk assessment, risk management, resilience analysis, resilience management
CLASSIFICATION