Ajay Piramal Quotes

Keeping the risk management plan up to date can transform it from a door stop into a vital project management tool. Remember: what you don't know can kill your project.

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.

I seek as much as I can to mitigate risk.

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

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.

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.

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.

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.

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.

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

There is no elimination of all risks.

One thing I've found is that if you educate and show people the risk, they will do something about it.

The advantage of knowing about risks is that we can change our behavior to avoid them. Of course, it is easily observed that to avoid all risks would be impossible; it might entail no flying, no driving, no walking, eating and drinking only healthy foods, and never being touched by sunshine. Even a bath could be dangerous.

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.

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.

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

The definition of 'safe' is not strictly an engineering term; it's a societal term. Does it mean absolutely no loss of life? Does it mean absolutely no contamination with radiation? What exactly does 'safe' mean?

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

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.

In business, you try to minimise risk.

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.