SUBJECTIVE ASPECTS OF DECISIONjMAKING UNDER CONDITIONS OF RISK AND UNCERTAINTY IN THE UPSTREAM BUSINESS SEGMENT

Abstract

The article analyzes the relationship and the influence of the subjective aspects of perception of risk situations and uncertainties for Upstream segment (exploration and mining). The authors give an overall picture of possible errors in the company’s organizational structure, which can adversely affect the process of preparation and decision-making. Detailed mechanisms that prevent the adoption of management is carried out. On the basis of the study we draw conclusions and provides recommendations about ways in the preparation and adaptation of managers and personnel involved in the management decision-making and are offered ready-made products and services for practical application.