ADAPTIVE MULTI-CRITERIA RISK MANAGEMENT SYSTEM

Abstract

Article discusses the architecture of building a risk management system based on fundamental axioms of management theory and principles of risk management theory to form adaptive structure of risk management. As the most effective modeling method, it is proposed to use a hybrid one, using the advantages of both formal and informal methods and models in building an adaptive risk management system in enterprises on bottom-up basis. To remove the emerging contradictions of indicative risk indicators, it is proposed to use a multi-criteria method of structuring characteristics in evaluation models according to different criteria of objective functions — minimizing time or costs, maximizing sales revenue or profit, which determines the risk of an unmissed opportunity. Architecture of hybrid adaptive model assumes a radical scheme for changing managerial behavior, which consists in transition from conventional regulation from above to direct regulation of risk factors in process and places of their manifestation.