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Business Process Modeling to Optimize Risk Management System on the Example of the Mining Industry

Student: Tatiana Paimakova

Supervisor: Tatiana Yakushkina

Faculty: Graduate School of Business

Educational Programme: Business Informatics (Master)

Year of Graduation: 2019

In the modern economy, new technologies are no longer identified with the distant future and are actively used in industries and routine life. Every day the market requires new knowledge and new competencies, and the Internet, of course, in recent years has become a breakthrough for human civilization and has generated many new directions in the economy and social life, one of them is the “Internet of Things”. The Internet of Things integrates a network of smart devices that communicate through a local network and provide analytics for decision making. The theme of the master's project was the introduction of such breakthrough technologies as the blockchain and the industrial Internet of things into the IT solutions of mining companies to automate the risk management system in terms of incident monitoring and reporting. The enterprise risk management today is receiving a lot of attention from key executives and project managers, especially after the global financial crisis of 2008, which affected almost all countries and globally changed attitude to risk management. Despite the fact that risk management is one of the greatest needs in managing an organization, it is recognized that Russian companies are noticeably lagging behind in this direction. This paper is devoted to the development of a methodological approach to the organization of a business process that will allow building a system of risk management of industrial safety and labor protection.

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