To issue formation the risk management budget

  • Анатолій Анатолійович Лойшин The National Defense University of Ukraine named after Ivan Cherniakhovskyi
  • Костянтин Кустріч Main Inspection of the Ministry of Defense of Ukraine
Keywords: budgeting, risk management, defense planning, JEL classification: A 1

Abstract

The article is of interest for risk management's personnel and chiefs of all levels in the process   risk management. The article deals with the issue of forming risk management's budget and defines place this budget in the defense planning system. Also It is investigated the issue risk management in the budget's forming and execution. It is specially noted the basic five principles of qualitative budgeting are determined. Much attention is given to analyze the issues capabilities of the security sector. Graphically depicts the integration of the risk management process into the defense planning system is proposed. The components of the analysis of hazards at the stages of budget planning are determined. The text gives a valuable information on simulation approach is proposed that can be used to identify and describe budgeting risks. The need is stressed to employ special risk management software and has identified main risk management software products. The necessity of budgetary decentralization of powers in the Ministry of Defense of Ukraine is proposed. The need is stressed to employ the insurance in the risk management. Conclusions are drawn about improving risk management's in the Ministry of Defense of Ukraine and Army Forces of Ukraine.

References

Rekomendatsí z oboronnogo planuvannya na osnoví spromozhnostey v Mínísterství oboroni Ukraí̈ni i Zbroynikh Silakh Ukraí̈ni [Recommendations for Defense Planning on the basis of capabilities in the Ministry of Defense of Ukraine and the Armed Forces of Ukraine]: Mínísterstvo oboroni Ukraí̈ni. URL: http://www.mil.gov.ua/content/other/Recommendationson_CBP_ 120617.pdf (data zvernennya 20.10.2018).

Tymchasovyy poryadok orhanizatsiyi vnutrishnʹoho kontrolyu ta upravlinnya ryzykamy u Ministerstvi oborony Ukrayiny i Zbroynykh Sylakh Ukrayiny [Temporary organization of internal control and risk management at the Ministry of Defense of Ukraine and the Armed Forces of Ukraine]. URL: http://www.mil.gov.ua/diyalnist/vnutrishnij-kontrol.html (data zvernennya 06.09.2018).

Tsilisnistʹ sektoru bezpeky [Integrity of the security sector]. Defence Budgeting and Financial Management: veb-sayt. URL: https://securitysectorintegrity.com/uk/oboronnyy-menedzhment/byudzhetuvannya (data zvernennya 10.10.2018).

Effective Financial Scrutiny: The Role of Parliament in Public Finance: Website. URL: http://www.parliamentarystrengthening.org/budgetmodule/index.html (application date 10.10.2018).

Nikolas Masson, Lena Andersson ta Mokhammed Salakh Aldin. Zmitsnennya finansovoho kontrolyu u sektori bezpeky [Strengthening Financial Control in the Security Sector]: Guidebook 7.1, Toolkit: Legislating for the Security Sector. p 15.

Kovalenko G.V. Upravleniye riskami novovvedeniy [Risk management innovations]: FPS SPbGPU, 2009. 93s.

Spetsializovane prohramne zabezpechennya u sferi ryzyk-menedzhmentu [Specialized software in the field of risk management]. A.L. Dvoynos veb-sayt. URL: http://nbuv.gov.ua/node/2116 (data zvernennya 06.09.2018).

Microsoft Project: веб-сайт. URL: https://www.microsoft.com/en-us/store/ collections/project?cat0=devices (дата звернення 06.09.2018).

Geico: веб-сайт. URL: https://www.geico.com

Byudzhetirovaniye i upravleniye riskami nefinansovykh organizatsiy [Budgeting and risk management of non-financial organizations]. Vasil'êv A.V. veb-sayt. URL: http://economy-lib.com/byudzhetirovanie-i-upravlenie-riskami-nefinansovyh-organizatsiy

Byudzhetnyy kodeks Ukrayiny [The Budget Code of Ukraine] URL: http://zakon.rada.gov.ua/laws/show/2456-17 [in Ukrainian].

Published
2018-10-28
How to Cite
[1]
Лойшин, А. and Кустріч, К. 2018. To issue formation the risk management budget. Journal of Scientific Papers «Social development & Security». 7, 5 (Oct. 2018), 56-67. DOI:https://doi.org/10.5281/zenodo.1472863.
Section
Articles