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Details of Grant 

EPSRC Reference: GR/R24470/01
Title: Score (Sensing Changes In Operational Risk)
Principal Investigator: Donald, Professor IJ
Other Investigators:
Researcher Co-Investigators:
Project Partners:
Agena Ltd ERA (Group) National AIR Traffic Services (NATS)
Department: Psychology
Organisation: University of Liverpool
Scheme: Standard Research (Pre-FEC)
Starts: 01 August 2001 Ends: 30 April 2004 Value (£): 230,382
EPSRC Research Topic Classifications:
Human-Computer Interactions Information & Knowledge Mgmt
Software Engineering
EPSRC Industrial Sector Classifications:
No relevance to Underpinning Sectors
Related Grants:
GR/R24197/01
Panel History:  
Summary on Grant Application Form
The aim of this project is to produce a risk accounting system. We will investigate how organisations can monitor their risk exposure over time taking account of changes to their risk culture. Although organisations do often learn from past incidents, degradation of the risk culture may lead to unnecessary risk exposure. The key research hypothesis is that it is possible to monitor such changes and provide quantified assessment of risk and its financial impact along with recommended remedial actions. The project will use a Bayesian approach to model both objective and subjective factors, and attitude survey techniques to inform the subjective measurements in the model.
Key Findings
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Potential use in non-academic contexts
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Impacts
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Summary
Date Materialised
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Project URL:  
Further Information:  
Organisation Website: http://www.liv.ac.uk