Project risk management in complex petrochemical system

Abstract

Investigation of risk in complex industial systems, as well as evaluation of main factors influencing decision making and implementation process using large petrochemical company as an example, has proved the importance of successful project risk management. This is even more emphasized when analysing systems with complex structure, i.e., with several organisational units. It has been shown that successful risk management requires modern methods, based on adequate application of statistical analysis methods.