Factors influencing the approach to risk assessment in Scientific and Legal metrology in South Africa
Date
2024
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
University of the Witwatersrand, Johannesburg
Abstract
This study addresses the complex landscape of risk assessment in the field of scientific and legal metrology in the context of South Africa. The main objectives of the study were to identify key factors influencing the approach to risk assessment, evaluate the effectiveness of existing practices and propose recommendations to improve the accuracy and reliability of measurements. The research revealed a complex interplay of variables that influence risk assessment practices.
Attitudes towards privacy and security risks were found to be of central importance. A positive correlation suggests that organizations and individuals with positive attitudes are more likely to undertake effective risk assessment. In particular, clear direction and support from senior management and regulators were identified as statistically significant factors, highlighting the importance of organizational structures and leadership in promoting effective risk assessment. Using a robust statistical framework, the study evaluated the effectiveness of existing risk assessment practices. Perceived behavioral control played a central role, with a higher score correlating positively with effective risk assessment. The results also highlight the impact of social pressure: companies that feel pressured to prioritize aspects other than privacy and security risks are less likely to conduct effective risk assessments. In response to the challenges and opportunities identified, the study proposes recommendations aimed at improving the accuracy and reliability of measurements in the field of scientific and legal metrology. The focus is on promoting a positive attitude towards risk, providing clear guidance and support, and dealing with perceived behavioral control and social pressure. To further advance the field, future research efforts should explore new technologies, evolving regulatory landscapes, and the dynamic socio-cultural factors that influence risk assessment in metrology. Exploring the intersection of digital progress and risk management could uncover new insights for proactive practices. This research sets the stage for a nuanced understanding of risk assessment in scientific and legal metrology and paves the way for informed policy and practice in an ever-evolving landscape.
Description
A research thesis submitted in partial fulfillment of the requirements for the degree of Master of Business Administration to the Faculty of Commerce, Law and Management, Wits Business School, University of the Witwatersrand, Johannesburg, 2024
Keywords
Risk assessment, Legal Metrology, Scientific Metrology, UCTD
Citation
Madiba, Tshifhiwa Elmon. (2024). Factors influencing the approach to risk assessment in Scientific and Legal metrology in South Africa [Master’s dissertation, University of the Witwatersrand, Johannesburg].WireDSpace.