0704-883-0675     |      dataprojectng@gmail.com

THE ROLE OF BUSINESS ANALYTICS IN RISK MANAGEMENT

  • Project Research
  • 1-5 Chapters
  • Quantitative
  • Simple Percentage
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: Available
  • Recommended for : Student Researchers
  • NGN 5000

Abstract: THE ROLE OF BUSINESS ANALYTICS IN RISK MANAGEMENT 

This study investigates the role of business analytics in enhancing risk management practices and minimizing operational uncertainties within organizations. The objectives include assessing how analytics tools and techniques contribute to identifying, assessing, and mitigating risks across various business functions. A survey research design is adopted to collect quantitative data from 200 participants using the Taro Yamane formula to ensure a representative sample. The case study focuses on an insurance company in Enugu, Nigeria, known for its proactive risk management strategies supported by advanced analytics capabilities. The reliability coefficient score, assessed through internal consistency measures, is 0.90, indicating strong reliability of the research findings. Findings suggest that business analytics enable organizations to predict emerging risks, optimize risk assessment processes, and enhance decision-making in risk mitigation strategies. The study recommends that organizations integrate analytics into risk management frameworks, leverage predictive analytics for early risk detection, and invest in training employees on data-driven risk assessment techniques to strengthen resilience and safeguard business continuity in a volatile market environment.





Related Project Materials

The Effect of Sleep Deprivation on the Performance of Night-Shift Nurses in Borno State

Background of the Study

Sleep deprivation is a critical issue in healthcare, particularly among nurses who work night shifts. In Borno St...

Read more
The Role of Television Broadcasting in National Policy Advocacy: A Case Study of Gombe South Local Government Area, Gombe State

Chapter One: Introduction

1.1 Background of the Study

Television broadcasting has long been a powerful tool for disseminating i...

Read more
The effect of healthcare information systems on reducing patient record errors: A study of hospitals in Benue State

Background of the study
The introduction of healthcare information systems (HIS) has revolutionized the management of patie...

Read more
THE INFLUENCE OF POOR FINANCING ON THE OPERATION OF SMALL SCALE INDUSTRIES IN NIGERIA (A CASE STUDY OF SELECTED INDUSTRIES IN AWKA METROPOLIS)

ABSTRACT

The every economy a critical look into it will reveal that the need a...

Read more
An Assessment of Production Lead Time and its Effect on Customer Satisfaction in First Bank Nigeria Plc, Sokoto State

Background of the Study

In the banking sector, production lead time refers to the time it takes from when a customer makes a request for...

Read more
Impact of Auditing Standards on Financial Reporting Quality in NGOs

Background of the Study

Non-governmental organizations (NGOs) play a significant role in social and economic development...

Read more
INFLUENCE OF COWBELL MATHEMATICS EDUCATIONAL QUIZ PROGRAMME ON THE LEARNING SKILL INTELLIGENCE OF SECONDARY SCHOOLS STUDENTS IN IFAKO IJAIYE, LAGOS STATE (A STUDY OF IJAIYE OJOKORO SENIOR SECONDARY SCHOOL)

Background of the study

Education is the bed rock of any culture that is determined to strive/survive i...

Read more
EFFECTIVE COMMUNICATION AND ORGANIZATIONAL PERFORMANCE

ABSTRACT

The importance of communication in achieving organisational objectives cannot be over emphasized. The current s...

Read more
EXPLORING THE RELATIONSHIP BETWEEN INFLATION RATES AND PUBLIC PROTESTS IN NIGERIA (A CASE STUDY OF ENDBADGOVERNANCE PROTEST IN NIGERIA)

EXPLORING THE RELATIONSHIP BETWEEN INFLATION RATES AND PUBLIC PROTESTS IN NIGERIA (A CASE ST...

Read more
THE IMPACT OF TEACHER MOTIVATION ON ACADEMIC PERFORMANCE OF STUDENTS

ABSTRACT

 

The Topic of this research is the influence of Teachers’ Motivation on the academic perf...

Read more
Share this page with your friends




whatsapp