Bruce Pittman Quotes

Our risk systems and processes - we keep investing and improving them.

I think people overestimate the risk of high-risk projects.

The best approach to risk is to identify and manage it.

When something looks really risky from the outside, what people are doing on the inside - they're not professional risk takers. But they're probably professional risk mitigators.

Neither science, nor the politics in power, nor the mass media, nor business, nor the law nor even the military are in a position to define or control risks rationally.

Risk analysis can cater to any sort of hazard, but their profession owes its existence to a relatively narrow band of possible dangers.

Get the entire team involved in identifying and evaluating project risks. Everyone looks at the project differently, and sometimes the input from the student intern can be vital.

Projects are usually undertaken to either solve a problem or take advantage of an opportunity. The probability that the project - even if precisely executed - will complete on time, on budget, and on performance is typically small. Project management is utilized to increase this probability. So in a sense, project management is risk management.

You can never protect yourself 100%. What you do is protect yourself as much as possible and mitigate risk to an acceptable degree. You can never remove all risk.

I seek as much as I can to mitigate risk.

We live in a world where there are many risks, and it's high time we start taking seriously which ones we should be worried about.

Everything in life has some risk, and what you have to actually learn to do is how to navigate it.

In the U.S.A. or Europe there is no realistic way to estimate the type, magnitude, or probability of the risk, nor any way to narrow down the potentially affected regions.

I like to control the risk I take. And when risk is taken out of my hands, it frustrates me.

Take calculated risks. That is quite different from being rash.

First, we did rank everybody by risk, and New York comes out number one.

When I take a risk, I like it to be a calculated risk, meaning I make it as small as possible.

Some of the most interesting research that I did was about risk assessment and how ordinary citizens like me handle risk assessment and how irregular our risk assessments are.

I think we need to think beyond the issue of absolute risk.

There is no elimination of all risks.

The ability to calibrate risk doesn't happen rationally.

Alignment of business strategy and risk appetite should minimize the firm's exposure to large and unexpected losses. In addition, the firm's risk management capabilities need to be commensurate with the risks it expects to take.

It is not the manager's job to prevent risks. It is the manager's job to make it safe to take them.

There's risk in everything that you do. It's up to you to measure those risks and do what you want to do.

Often you need to take some risk, but it must be a realistic risk, you can't take a crazy risk.