Thursday 23 June 2011

FAILURE OF RISK MANAGEMNT

The book says the advantages and disadvantages while taking any kind of risks and it point out the mistakes or careless es taken by the government in case of nuclear power blast and other vulnerable issues. 

It decribes the failure of own risks caused many million peoples. The book clearly says that to think a while before taking a rick . Never mind do it a model for that. Further taking of preventing issues and etc.

Risk is generally assumed to have negative impact. However, a ‘risk’ can also have a positive impact.  The book talks of positive risks and calls them ‘opportunities’. Given that most project managers only have a passing knowledge of managing risks proactively (our industry still seems to reward crisis management notwithstanding the fact that most often people who fix a crisis were responsible for it in the first place!), it is extremely likely that most such opportunities are wasted.


Pitiful is the person who is afraid of taking risks. Perhaps this person will never be disappointed or disillusioned; perhaps she won't suffer the way people do when they have a dream to follow. But when the person looks back-she will hear her heart

“In the long run, we get no more than we have been willing to risk giving.

Refer these link for more........ 


www.howtomeasureanything.com, www.howtofixriskmgt.comwww.pulsethenewscience.com,
www.hubbardresearch.com