Risk management education is typically accomplished by written and verbal presentations. However, such presentations remain theory unless the risk management education is put into practice. This presentation displays real situations where risk management practices were absent and the risk management failures generated significant negative consequences.
Each risk case will be studied in terms of, the risk event that was experienced and its background, the risks that were present, the consequences that were suffered, the causes of the risk event and the risk preventives that were lacking.
The participants will find the examination of each case to be an extremely interesting approach for studying risk management practices as well as providing an appreciation of the negative consequences that can occur when appropriate risk management practices are absent.