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Risk Management: A Loud Thinking


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1 The Association of Engineers, India
     

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Risk management requires a set of sincere mindset ready to act & to act needs trained mind. Conventionally management is directing the resources to the desired end; in this case not to allow any activity which may invite risk and/or to plan the activity to be performed safely without any risk to life and property. On the contrary all engineering activities have some risk-elements, only the quantum varies; therefore, activities barely nessary for living should be carried out. Unfortunately the standard of living is measured against, per capita consumption of electrical energy, steel, water etc. The more the per capita consumption die better the standard of living and so there is a mad race in this direction. Have we ever thought that nothing hails from zero. We are ever increasingly denuding this beautiful planet of ours-eg. to cite a few cases, in the lat 40 years millions of barrels of crude oil raised, everyday millions of tons of coal mined, ruthless lifting of underground water, felling of trees and all these leave void spaces which are showing their teeth in the form of quakes, floods, droughts, floods and so on. Mohatma Gandhi said, "Nature has enough for everybody's need, but not for greed."
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  • Risk Management: A Loud Thinking

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Authors

M. Bhattacharyya
The Association of Engineers, India

Abstract


Risk management requires a set of sincere mindset ready to act & to act needs trained mind. Conventionally management is directing the resources to the desired end; in this case not to allow any activity which may invite risk and/or to plan the activity to be performed safely without any risk to life and property. On the contrary all engineering activities have some risk-elements, only the quantum varies; therefore, activities barely nessary for living should be carried out. Unfortunately the standard of living is measured against, per capita consumption of electrical energy, steel, water etc. The more the per capita consumption die better the standard of living and so there is a mad race in this direction. Have we ever thought that nothing hails from zero. We are ever increasingly denuding this beautiful planet of ours-eg. to cite a few cases, in the lat 40 years millions of barrels of crude oil raised, everyday millions of tons of coal mined, ruthless lifting of underground water, felling of trees and all these leave void spaces which are showing their teeth in the form of quakes, floods, droughts, floods and so on. Mohatma Gandhi said, "Nature has enough for everybody's need, but not for greed."