Aware of risk. Creditable certainty that adverse effects will not be caused by certain conditions & actions.
Being aware of potential physical and transactional risks is crucial in any endeavor. It involves understanding the conditions and actions that could lead to adverse effects. However, it’s equally important to estimate the probability and severity of these effects. The understanding comes from thorough process flow analysis, planning, and prioritized mitigation strategies. By being aware of risks and having a credible failsafe certainty in place, individuals and organizations can navigate challenges more reliably and achieve their goals with greater confidence.