Risk management Essay Example | Topics and Well Written Essays - 1250 words

Risk management - Essay Example Information about risk communication, and how it helps in the dimension of psychological understanding of risk is included to the paper. The problem of different risk regarding in cycling by different people is raised in the paper. The last section includes concluding response to this problem. The method used is particularized examination of the literature together with the critical summarizing and personal inferences on the topic. It is a widely known fact that every day people engage in some situations that are more or less predetermined risk possibility (Adams, 1995). It depends from person’s occupation, way of life, social environment and many other factors. Still, a big importance hides in person’s perception and understanding of risk. Moreover, relation to risk situations and appropriate communication stay the ground for the risk management. If to talk about the definition of risk in the field of science, we may observe different investigations concerning this term. Rosa (2003) argues that risk is â€Å"a situation or event where something of human value (including humans themselves) is at stake and where the outcome is uncertain†. In other words it is the potential to lose something valuable for the peculiar person. Hazard comes close to the risk theories and this term is defined as some condition with the potential to induce deplorable implications in the risk situations (HSA, 2014). The problem under investigation is the cyclists (push bike riders) and probability of risk in concern to this occupation. The statistic data demonstrates that cycling is rather save occupation in relation to other kind of sports and bicycle is determined as not dangerous vehicle for transporting people. Pedestrian and Bicycle Information Centre (2012) stays the data that â€Å"in 2012, 726 lost their lives in bicycle/motor vehicle crashes, just under two people