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BP and the Real Value of Prudent Risk Management
Sources News Release

http://www.sources.com/Releases/NR854.htm

Publisher:  Richard Martin
Date Written:  24/05/10
Year Published:  2010  
Resource Type:  Article/Report/Letter

Prudent risk management is about weighing potential risks against potential rewards and benefits.

Abstract:  Prudent risk management is about weighing potential risks against potential rewards and benefits. Carrying out dangerous and risky activities such as offshore drilling without carefully and fully weighing the risk-reward ratio is not only foolhardy, but can be considered unethical and irresponsible. Just in case the value of prudent risk management wasn't evident enough after BP's Gulf of Mexico oil disaster, now we learn that president Obama is setting up a commission to investigate oil industr...
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