1. Identify key risks so that you can focus your limited resources on the risks that matter most

It’s the interplay of factors that differentiates risks. Breaking a rule or breaching a standard is just a starting point in determining risk. Going over the speed limit on the freeway is a standard that most of us break routinely. If this is the only risk factor, it’s not a very good indicator of risk. However, it’s a much more risky situation to be going over the speed limit, weaving in and out of traffic, failing to signal, and driving an unsafe car. This driver is reckless and can kill people. (more…)