Complexity / 2019 / Article / Tab 4

Review Article

Emerging Risk Management in Industry 4.0: An Approach to Improve Organizational and Human Performance in the Complex Systems

Table 4

Main models on risk used in the professional and scientific fields (adapted from [16]).


(1)R=ERisk=Expected value (loss)
(2)R=P&CRisk=Probability and scenarios/Consequences/severity of consequences
(3)R=C&URisk=Consequences/damage/severity of these + Uncertainty
(5)R=OURisk=Objective Uncertainty
(6)R=CRisk=Event or consequence
(7)R=ISORisk=Event or consequence

We are committed to sharing findings related to COVID-19 as quickly as possible. We will be providing unlimited waivers of publication charges for accepted research articles as well as case reports and case series related to COVID-19. Review articles are excluded from this waiver policy. Sign up here as a reviewer to help fast-track new submissions.