THE PHILOSOPHY OF RISK MANAGEMENT

Abstract

In a previous paper (MRN,5,1) it was shown that the liquidation of Rolls‐Royce Limited in February 1971 came about because the implied assumptions on which the RB 211 engine cost estimates had been based were not reflected in the engine development programme as it unfolded.

Citation

Andrews, D. (1982), "THE PHILOSOPHY OF RISK MANAGEMENT", Management Research News, Vol. 5 No. 3, pp. 1-5. https://doi.org/10.1108/eb027807