Bayesian belief networks as probabilistic graphical model for economical risk assessment

Realization of economical risks leads to occurrence of adverse effects which result in economic losses in the enterprise. The problem of different types of economical risks associated with the enterprise activities assessment and decision making systems’ construction on enterprise level as well as on different levels of enterprise performance comes up. In the paper I provide a state-of-art analysis of Bayesian belief networks use for economical risk assessment and decision making under uncertainty support in the framework of enterprise risk management. The areas of operational risk management and project risk management are singled out.