Application of Methods of Risk Assessment in Private Security

Saše Gerasimoski, SG (2016) Application of Methods of Risk Assessment in Private Security. In: Proceedings of the International Scientific Conference Private Security in the XXI-st Century: Experiences and Challenges. Chamber of Republic of Macedonia for Private Security, Skopje, pp. 327-338.

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Everyday life has always been filled with security risks, most of which we take for granted and for which we have developed routine strategies and ways of dealing and managing. But the globalization and post-modern dynamics of contemporary societies have created a societal environment that multiplied the security risks and made their identification, assessment, management and dealing much more complex. This can be observed especially in security risks related to personal and proprietary security. Since personal and proprietary security fall within the field of private security, a question of developing proper risk assessment as core of preventive work in private security becomes a priority. Thus having efficient methods for risk management and assessment is crucial in the overall performance of private security entities, providing subtle balance between their security efficacy and cost efficiency. The paper deals with some of the most optimal methods for risk assessment, analyzing their importance for private security entities. Several methods which have been applied to private security entities in the Republic of Macedonia, as well as abroad, are closely discussed. The main focus, however, stays on the application of Keković, Kinney and AUVA methods of risk assessment within private security companies. Although these methods are widely used in different risk assessment methodologies in various spheres, they can be successfully implemented in private security companies’ risk assessment as well. The paper considers the possibility of successful implementation of methods of security risk assessment in the Republic of Macedonia. Also, some proposals, which could prove helpful when implementing the risk assessment preventive policies, methods and strategies within private security entities, were made. Key words: security risks, risk assessment methods, prevention, private security

Item Type: Book Section
Subjects: Scientific Fields (Frascati) > Social Sciences > Other social sciences
Divisions: Faculty of Security
Depositing User: Fbs Eprints
Date Deposited: 29 Mar 2020 12:03
Last Modified: 29 Mar 2020 12:03

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