Risk Management and Good Judgement

February 26, 2014, by Ken Jorgustin

risk-management

Survival, to an extent, is much to do with risk management – beginning with risk awareness.

Generally, avoiding risk is an important goal in achieving modern survival. Although you may have heard the phrase “nothing ventured, nothing gained”, the context I’m referring to here has to do with using good judgement to avoid and mitigate unnecessary risk…


 

An injury that doesn’t happen needs no treatment.

An emergency that doesn’t occur requires no response.

An illness that doesn’t develop demands no remedy.

The best way to stay safe in the outdoors is to avoid getting into trouble in the first place. That requires planning, training, leadership, good judgment, and accepting responsibility—in short, risk management.

We manage risk in almost every aspect of our lives.

-Boy Scouts of America Fieldbook

 
Good judgement may be the most important aspect of successful risk management.

Good judgement does not come naturally and is not equally distributed to all human beings.

Good judgement is a learned thing. Will Rogers once said, “Good judgment comes from experience, and a lot of that comes from bad judgment.”

Good judgement evolves over a life of experience with the knowledge gained and lessons learned from good decisions and bad.

 
Risk management first involves identifying, assessing, and prioritizing risks.

Next comes the application of resources to minimize, monitor, and control the outcome of risks.

The risks themselves can come from many places and are found within nearly all aspects of our lives, our jobs, and our futures.

Survival preparedness is much to do with risk management – which is really what we’re doing as preppers. Just saying…