Question

You are at the beach. Looking up, you see a sign that says, "Hazardous Marine Life. Swim at Your Own Risk." Later, that day your buddy suggests going for a swim but you point out the sign, and you both decide not to swim. The next weekend at the same beach you see that there is now a wire fence in the water to keep dangerous marine life out of the swimming area. Based on Risk Management principles and using the Risk Management process, how would you approach the idea of going for a swim now?.

Answer 1

Answer:

Explanation:

The key in Risk Management is to make a well-informed decision to have the greatest possibility of avoiding damages or to be able to control them if they happen.  

In the example, even if a wire fence has been installed to keep wild marine life outside of the swimming area, the best to do is to confirm if the suitable authorities have approved that fence so we are sure, first of all that swimming is really safe and, that in front of an undesirable event, we will have someone to whom raise a claim against.