Introduction to Enterprise Risk Management: Fundamentals of Risk Management for Construction and Other Hazardous Industries
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Although this first edition is still valid, an expanded and updated second edition has been published.[PROF KRISHNA HAS AUTHORED ANOTHER BOOK: ESSAYS ON FORENSIC ENGINEERING, ALSO THRU CREATESPACE, BROWSE FOR 197397004X]***Dr. N. Krishnamurthy (known as 'Prof Krishna') wrote his first book "Introduction to Risk Management" based on his intensive and extensive involvement in workplace safety and risk management in Singapore since the late 1990s, continuing his teaching, research, and consultancy for academia and industry in USA, India and Singapore from the mid-1950s.This is an expanded and globalized version of the earlier book with the new title "Introduction to Enterprise Risk Management" to set it apart from the previous book and emphasize that it does not related to financial risk management.It covers principles and applications of risk management for construction and other hazardous industries. Although examples are cited from author's personal experience in Singapore, the material and treatment are now laid out so broadly that any reader will find enough to get started and keep going on workplace risk assessment and control almost anywhere in the world and with any enterprise.The contents are aimed at the student and the fresh graduate, as well as the serious professional who by experience was already carrying out risk analysis but who wishes to review and upgrade the principles and applications from the ground up. Prof Krishna has spoken at numerous seminars and conferences in Singapore, USA and elsewhere, and conducted many short courses on the subject to thousands of practicing engineers, managers, and supervisors, sharing what he learnt from his study, research, and consultancies.The author continues to delve deep into risk management, with study, teaching, consultancy and research (- including sponsored projects by the Singapore Ministry of Manpower, Workplace Safety and Health Council, and Workplace Safety and Health institute), training safety personnel, and regularly publishing papers on the subject. He investigates accidents at the workplace, and serves as expert witness both for the government and private parties on cases involving construction accidents. He has patented in Singapore and Australia an invention on a computer-based schema for risk analysis. He has also applied to risk analysis a decision-making procedure from holistic principles which he calls his '5A-Way'.Using examples and anecdotes, the book addresses the basics of: * Definitions and explanations of terminology* Reasons for and benefits of RM* Identification of hazards at the workplace* Assessment of likelihood of various work activities* Assessment of their severity in different domains* Evaluation of risk from its component factors* Qualitative and numerical categorization of risk* Hierarchy and application of risk controls* Examples of risk assessment and control* The '5A-Way', author's holistic decision-making too
AUTHOR BIOGRAPHY Professor Krishnamurthy, known as 'Prof Krishna' to his students, peers and well-wishers, is currently Consultant in Safety, Structures and Computer Applications in Singapore. Born in 1931 in Bangalore, India, he spent the first ten years of his life in Burma (Myanmar), until his family returned to India at the beginning of Second World War. He has more than five and a half decades of teaching, research, and consultancy experience, including seminars and short courses for practicing engineers in U.S.A., Singapore, India, Hong Kong, Malaysia, and UAE. In U.S.A. he was Civil Engineering Professor at Auburn and Vanderbilt Universities, and Professor and Chair of C.E. at University of Alabama in Birmingham. He has also taught at Mysore University in India and in National University of Singapore, UniSIM, and currently teaches at University of Newcastle (Australia) - Singapore. He worked summers and consulted for the U.S. Atomic Energy Commission in the 1960s, and ran a computer center in India during the 1990s. His extensive research in USA on steel connections in the 1970s led to a revised design for a bolted connection, incorporated into the AISC Steel Construction Manual. In Singapore he does consultancy and research for the Singapore Ministry of Manpower and WSH Council and WSH Institute on workplace safety and risk management. He has written over a hundred papers and three books including "Introduction to Risk Management", and contributed to other books and compilations. In recent years Professor Krishnamurthy has been focusing on workplace safety and risk management, lecturing, writing, and consulting on safety-related topics in Singapore, U.S.A., and other countries. He has taught hundreds of safety-related courses for many organizations, and acts as a consultant and expert witness in accident investigations. He owns an invention called 'SAFER-Diamond', a computer-assisted technique to analyze and manage risks, patented in Singapore and Australia, and has another invention for scaffolding and formwork in the works. Further details and publications are available from: www.profkrishna.com
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