Communication and Coordination

now moving on to a communication and coordination aspect of

risk analysis.

Um, any sound and good analysis always requires communication between

the analysts and the state quarters to whom the serve,

um, the state quarters, Kenly doctors, engineers or chemists who

have hired on lists to calculate the risks off the

new product that they may be launching.

Therefore, if an analyst is analyzing the risks and benefits

off, for example, a new drug nemesis effectively communicate with

the scientist or doctor will be making use of the

drug. And the doctor must communicate with this patient in

order to estimate what aspect off drugs must be probably

looked into, such as the extremity off the side effects,

environmental and patient safety important you in this manner, the

state quarters must be kept in the loop for every

stage of analysis on um, so that both the parties

come usually decide whether the analysis continuous gets provide or

should be completely abandoned.

Now moving on to the last part of the presentation.

The conclusion on discussion.

The science off analysis has come a long way with

its calculations, awareness off ethical and scientific judgements and, um,

also the integration off the hair, real science knowledge and

predicting and analysing outcomes off in your technology.

Moreover, the days of one way communication where the analysts

call the shots off what analyze more to focus on

are over us.

What the endless under stakeholders work together incorporated manner unless

cost, benefits and risks of groundbreaking innovations.

Off course.

This advancement in analysis and communication came through to be

because off, and I'll buy a devastating technical accidents and

40 risk analysis, such as in Journal, Built and Three

Mile Island.

But these accidents have brought us closer to better and

sound analysis that helps economies on enables progress.

However, the aforementioned techniques and particles for measuring and analyzing

risks are by far the most efficient.

However, it is also important to consider that not all

countries are able to afford such coherent and end up

calculation of risks.

For example, according to a researcher named Setting uM, less

developed countries experience a lack of economic growth in division

political orders on government bureaucracies that are made to keep

the country and the drop off foreign head.

Similarly, if this lesser developed countries continue depending on international

aid on the help off lending institutions, which is the

World Bank.

They may go into an economic deficit which would be

detrimental to their internal and external economy of financial deficit

would then lead to less economic growth and therefore dropped

the lesser of developed countries in the cycle of underdevelopment.

Therefore, it would be unrealistic for such country sir Guy

out such elaborate ways and forms off connecting analysis on.

Moreover, in a recent article published by Zio, he discusses

the practices off referring toe, the worst case and risk

benefit analysis, which implies subjectivity and arbitrariness in the definition

off accidental events that make occurred, for example, uh, launch

off in aerospace power station.

In this way, analyst must consider the consequences of extremely

catastrophic events, but also highly unlikely Wentz, which may lead

to the imposition of stringent and also unnecessary regulatory burdens.

However, although it is better to be safe than sorry,

such eggs at such exaggerations in the analysis off consequences

were also better performance and growth in such promising industries.

Um, this ends the presentation here, and I would like

to thank you all for your attention

Communication and Coordination

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