Taking risks and how to avoid them!

There is no such thing as a risk free world; we all take risks, both big and small. We would not have heard of Microsoft Windows if innovators like Bill Gates had not taken certain risks, nor would we hear about people climbing Mount Everest.

‘Risk Management: with Applications from the offshore Petroleum Industry’ by Terje Aven and Jan Erik Vinnem, Springer 2007, is about how the offshore oil and gas sector should assess, manage and tackle risk of an offshore installation’s complete life cycle from predesign to final decommissioning and disposal in the world’s tempestuous seas. http://www.oxfordprospect.co.uk/RiskManagement.html

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