Risk Management Framework for Fourth Industrial Revolution Technologies

This book focuses on major challenges posed by the Fourth Industrial Revolution (4IR), particularly the associated risks. By recognizing and addressing these risks, it bridges the gap between technological advancements and effective risk management. It further facilitates a swift adoption of technology and equips readers with the knowledge to be cautious during its implementation. Divided into three parts, it covers an overview of 4IR and explores the risks and risk management techniques and comprehensive risk management framework specifically tailored for the 4IR.

Features:
- Establishes a risk management framework for Industry 4.0 technologies.
- Provides a ’one stop shop’ of different technologies emerging in the Fourth Industrial Revolution.
- Follows a consistent structure for each key Industry 4.0 technology in separate chapters.
- Details required risk management skills for the technologies of the Fourth Industrial Revolution.
- Covers risk monitoring, control, and mitigation measures.

This book is aimed at graduate students, technology enthusiasts, and researchers in computer sciences, technology management, business management, and industrial engineering.

Omoseni Oyindamola Adepoju holds the position of Associate Professor at Lead City University Ibadan, Nigeria. Additionally, she serves as a Senior Research Associate within the Faculty of Engineering and Built Environment at the University of Johannesburg, South Africa. Prof. Adepoju’s expertise spans various areas, including re-skilling in the fourth industrial revolution, Construction 4.0, Industry 4.0, human capacity development, human capital in renewable energy, assessing skill gaps to meet the demands of Construction 4.0, evaluating innovative skills and management of Water, Energy and Food (WEF Nexus).

Nnamdi Ikechi Nwulu holds the position of Professor of Sustainable Cyber-Physical Engineering Systems and serves as the Director of the Centre for Cyber Physical Food, Energy & Water Systems (CCP-FEWS) at the University of Johannesburg. Additionally, he is the Chairholder of the South Africa/ Switzerland Bilateral Chair in Blockchain Technology (SARChI Chair). His research endeavors concentrate on the practical applications of digital technologies, mathematical optimization techniques, and machine learning algorithms within food, energy, and water systems.

Love Opeyemi David is an interdisciplinary social scientist, proficient in Project Management, Resource Management, Management science, Technology Management, and Innovation Management. His diverse research interests encompass Project Management, Innovation Management, Management Science, Water-Energy-Food (WEF) Nexus Project Delivery, Circular Economy, Sustainable Development/Sustainability, and cutting-edge technologies of the Fourth Industrial Revolution (including Blockchain technology, Internet of Things, Artificial Intelligence, etc). He is currently the Managing Editor of the Journal of Digital Food, Energy and Water Systems (JDFEWS).