Safety Management Series – Our Best Informed Guess Is Still Our Best Bet

I’ve been reading a great deal about Risk lately. I’ve come to the conclusion that Recognizing, evaluating and mitigating (to the extent that is possible) Risks we face is a never-ending battle of probabilities, perception, statistical analysis and GUESSING! We’ll never be able to turn the ART of Risk management into the SCIENCE of Risk Management because of the variety of FUZZY factors. Bottom line is, if you predict it correctly you’re very clever… if you don’t you lose! Hindsight as they say is 20/20. We can only do what we can do.