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Originally Posted by The Reaper
To me, the key point is risk awareness. TR
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We are in agreement with but minor additional comments. The risk awareness has to be accompanied by:
1) realistic and achievable plans or options, and
2) a commitment, focus and follow through on the part of the decision-makers to incorporate the plan or option in the presence of an event, and
3) a regular assessment of the plans because things change.
If you don't have 1-3 risk management becomes an academic exercise and is of little practical use.