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Tuesday, October 7, 2014

Is Risk Management a Science or an Art?

The discussion of whether Risk Management is really an art or a science has become a popular debating subject over the last few years as practitioners try to place it within a specific faculty of study.  Today we deliberate on this very subject again and on the G31000 forum [LINK].

Risk management can of course be an art or a science depending on one's point of view, taking features from both schools to become a craft.