CHAPTER 9TAGGING RISK—AN EXAMPLE

RISK QUOTE: The safety lecture continues. “In the unlikely event of a water landing …” Well, what exactly is a water landing? Am I mistaken, or does this sound somewhat similar to CRASHING INTO THE OCEAN?

—GEORGE CARLIN, COMEDIAN

RISK QUOTE: Nothing can stop the man with the right mental attitude from achieving his goal; nothing on earth can help the man with the wrong mental attitude.

—THOMAS JEFFERSON, U.S. PRESIDENT

In the previous chapter, we saw the basics of a high-tech platform. In this chapter, we show how the system is enhanced if it allows us to tag risks. Tagging is a process of identifying a series of interrelated risks and looking only at the “tagged” risks. Tagging removes the clutter of multiple ...

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