Strategic Risk Management in Engineering

Abstract

Risk management theme is broad. The study of risks, although it has been treated more recently, with modern techniques and specific methodologies, as well as analyzes aided by mathematic modeling and predictability resources, became possible with the advent of computing. The concept of risk can be better understood through the ABNT-ISO (2018) standard, which tells us that risk is the effect of uncertainty on the organization's objectives. Engineering risk management must strive for excellence in project management and quality maintenance, in addition to ensuring an environment conducive to the development and improvement of production methods.