Lecture

Risk Governance in Covid-19 Pandemic

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In course

HUM-367: Risk governance

Le cours étudie les risques et bénéfices liés aux nouvelles technologies, en appliquant les principes de la gouvernance des risques. Il discute en particulier l'importance des approches interdisciplinaires, de la consultation des différents acteurs et de l ...

Description

This lecture covers the governance of risks related to the Covid-19 pandemic, focusing on risk prevention, reduction, and adaptation strategies, as well as risk communication and stakeholder engagement. It discusses the holistic approach to risk management, including pre-assessment, problem framing, hazard identification, risk assessment, and risk acceptability evaluation.

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Instructor

Marie-Valentine Renée Agnès Florin

Marie-Valentine Florin is the executive director of the International Risk Governance Center. She organises IRGC collaborative activities, focusing in particular on the role of IRGC as a multi-stakeholder platform and a convening place at the interface between science and public policy. She joined the International Risk Governance Council (IRGC Foundation) www.irgc.org in 2006.From 2000-2006, she worked for local authorities, helping them develop and implement strategies for sustainable development, and for philanthropic and humanitarian organisations. She spent the first part of her career (1984-1999) in an international socio-cultural research and marketing consulting firm. Marie-Valentine graduated from Science Po in Paris (public policy and management), and then earned post-graduate diplomas in marketing strategy, sustainable development and environmental diplomacy. Her current involvement in IRGC activities is mostly related to:- systemic risks and transitions, governance of risks related to emerging and converging technologies- digital policy, specific risks related to machine learning- precision medicine- synthetic biology- nanotechnology- climate engineering Member of Advisory Committee to the World Economic Forum Global Risk Report 2015-2021; Fellow of the Society of Risk Analysis (SRA).

Official source

Ontological neighbourhood

Business

Business administration: Risk management

Related concepts (23)

Risk assessment

Risk assessment determines possible mishaps, their likelihood and consequences, and the tolerances for such events. The results of this process may be expressed in a quantitative or qualitative fashion. Risk assessment is an inherent part of a broader risk management strategy to help reduce any potential risk-related consequences. More precisely, risk assessment identifies and analyses potential (future) events that may negatively impact individuals, assets, and/or the environment (i.e. hazard analysis).

Risk management

Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities.

Risk perception

Risk perception is the subjective judgement that people make about the characteristics and severity of a risk. Risk perceptions often differ from statistical assessments of risk since are affected by a wide range of affective (emotions, feelings, moods, etc.), cognitive (gravity of events, media coverage, risk-mitigating measures, etc.), contextual (framing of risk information, availability of alternative information sources, etc.), and individual (personality traits, previous experience, age, etc.) factors.

Risk

In simple terms, risk is the possibility of something bad happening. Risk involves uncertainty about the effects/implications of an activity with respect to something that humans value (such as health, well-being, wealth, property or the environment), often focusing on negative, undesirable consequences. Many different definitions have been proposed. The international standard definition of risk for common understanding in different applications is "effect of uncertainty on objectives".

Probabilistic risk assessment

Probabilistic risk assessment (PRA) is a systematic and comprehensive methodology to evaluate risks associated with a complex engineered technological entity (such as an airliner or a nuclear power plant) or the effects of stressors on the environment (probabilistic environmental risk assessment, or PERA). Risk in a PRA is defined as a feasible detrimental outcome of an activity or action. In a PRA, risk is characterized by two quantities: the magnitude (severity) of the possible adverse consequence(s), and the likelihood (probability) of occurrence of each consequence.

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