List of Contributions

Contact Details

Ribbons

Badges

Dr. Joerg-Martin Hohberg, D.I.C., Dr.sc.techn, MSc, Ph.D., M.ASCE


Contributions

1 to 1 of 1 total

RE: How do you distinguish between risk and uncertainty?

Posted By Joerg-Martin Hohberg 11-28-2025 12:51 PM
Found In Egroup: Risk Management \ view thread
In daily language "risk" is connotated with hazard, whereas uncertainty is more neutral and includes also opportunities. This coincides with the meaning of the Latin word "riscare" which means sailing around a cape (i.e. risks of ship wrecking deliberately taken for the sake of entrepreneural rewards, ...