Leon Runje1ORCID logo, Amalija Horvatić Novak2ORCID logo, Biserka Runje2ORCID logo,
Andrej Razumić2 and Veljko Kondić3

1Ministry of Defence of the Republic of Croatia
  Zagreb, Croatia
2University of Zagreb, Faculty of Mechanical Engineering and Naval Architecture
  Zagreb, Croatia
3University North
  Varaždin, Croatia

INDECS 19(3), 366-374, 2021
DOI 10.7906/indecs.19.3.2
Full text available in pdf pdf icon and xml XML icon formats.

Received: 9th March 2021.
Accepted: 27th September 2021.
Regular article


Ever increasing challenges in the areas of risk management have led to a need for a risk management approach which deals not only with threat prevention but also adaption, absorption and recovery from adverse events. This has led to the rise of the concept of resilience analysis and management, which, unlike risk assessment and management focuses on the overall system under analysis rather than its individual components. Therefore, both the civilian and military sector have, over the past decade, emphasized the need to clarify the concept of resilience management as well as to differentiate it from related terms such as risk management. This article aims to build upon the existing literature and provide a comparison of the risk and resilience approaches which offer ways to analyze and manage these concepts

risk assessment, risk management, resilience analysis, resilience management

JEL:D80, D84

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