RISK MANAGEMENT, MEANS OF MINIMIZING ACCIDENT IN THE AVIATION INDUSTRY IN NIGERIA
ABSTRACT
Our risk exposures are influenced by our economy, lifestyles, psychical well being, occupation, environment etc., there variables are dynamic therefore risk managers and analyst must be dynamic in their choice of tools to manage risk exposures. In their choice of tools to manage risk exposures, in this project all the knowledge that might be useful to risk managers, however have been presented in the most important process and readable way. Consequently, this project have been organized in to five chapters. Chapter 1 emphasizes on the introduction background of study, statement of problems, and benefits of the study. Chapter 2 emphasizes on the literature review risk management alternatives, risk analysis past and present accident in the aviation industry. Chapter 3 emphasizes on the research methodology, primary and secondary data and research design. Chapter 4 and 5 emphasize on the data presentation and personal interview with the DMD of Slok Airlines and the summary of the major findings, conclusion and recommendations. This research is written in the partial fulfillment of the requirement for the award of the Higher National Diploma (HND) in Insurance. Institute of Management and Technology, Enugu.
TABLE OF CONTENTS
Title Page
Approval Page
Dedication
Acknowledgement
Abstract
Table of Contents
CHAPTER ONE
Introduction
1.1 Background of the Study
1.2 Statement of the Problems
1.3 Objective of the Study
1.4 Research Questions
1.5 Research Hypothesis
1.6 Benefit of the Study
1.7 Limitations/Scope of the Study
1.8 Definition of Terms
Reference
CHAPTER TWO
2.1 Review of Related Literature
2.2 Types of Risk and Insurance Risks
2.3 Risk Management Alternatives
2.4 Risk Management Process
2.5 Risk Analysis
2.6 Alkhile diagram on risk management process
2.7 Alkhile diagram on risk analysis
2.8 Nigeria Civil Aviation Authority
2.9 Past and Present Accidents in the aviation
Industry in Nigeria
References
CHAPTER THREE
Research Methodology
3.1 Source of Data
3.2 Primary Data
3.3 Secondary Data
3.4 Research Design
3.5 Method of Data Presentation
3.6 Data Analysis
3.7 Decision Rule
3.8 Operation Assumption
References
CHAPTER FOUR
4.1 Data Presentation and Analysis
4.2 Data Analysis and Statement of Hypothesis
References
CHAPTER FIVE
5.1 Summary of Major Finding
5.2 Conclusion
5.3 Recommendation
Bibliography
Appendix
Questionnaire