The Critical Importance of Documented Risk Assessment

In April of 1912, Captain E.J. Smith said, “Never in all history have we harnessed such formidable technology. Every scientific advancement known to man has been incorporated into its design. The operational controls are sound and foolproof!” This quote went on to become synonymous with one of history’s greatest failures to adequately assess risk: the sinking of the Titanic. A contemporary example of a poorly documented risk assessment process is the current water crisis in Cape Town, South Africa. With conversations into the longevity of Cape Town’s water beginning from as early as 2012, how is it possible that Cape Town has become the first city in the world to run out of water? The simple answer to an incredibly complex problem is this: The strategy to prevent such a crisis was insufficient and poorly documented.

Read the blog post over at Nettsite over here.

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