MGMT-6060 Lecture Notes - Lecture 11: Canadian Council Of Professional Engineers, Crisis Management, Opportunity Management

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3 Jun 2022
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Generic risk management process: engineers canada https://engineerscanada. ca/public-guideline-on-risk-management 2020 edition, accessed. A constant awareness of the risk management process, and some degree of competence in its application, are essential for all engineers. The practice of engineering carries with it an inherent level of risk that engineers must seek to understand and manage. Managing the risk is arguably the most important step in the process as responsibility has now been taken for assuming the risk & preventing any undesirable incident from occurring A key engineering tool employed in this stage is a management system appropriate for the risks being managed. Once a risk is accepted, it does not go away. It is there waiting for an opportunity to happen . Even if a risk is not accepted, it still exists https://engineerscanada. ca/public-guideline-on-risk-management 2020 current version, accessed december 2021. Mastromatteo, m. shedding new light on the nature and availability of risk , engineering.