8/16/2019 Benefits of Risk Regulation

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If one can really understand the basic reason behind any law or provision he will not like to

disobey the same.

 It should be clearly understood that both the things are not possible to achieve if the provisions

of laws and regulations are disrespected.

People in every walk of life love to talk above safety and risk minimization.

The accident or any mishap should not be an invited happening but fortuitous only.

Experience has shown that if the provisions of laws and regulations are strictly followed one

can become reasonably be assured of safety.

However risk minimization cannot be achieved in absence of positive attitude knowledge

and compliance of laws.

!isk minimization should not be mere a target to achieve but should be way of life and

culture.

It will be very interesting to know some of the basics behind any regulation.

". It is compliable by an average individual#organization.$. It helps to make more organized pattern of behaviour#operation.

%. It increases the rationality.

&. It is not the highest level of expectation but the minimum level of satisfaction

'. It helps to pro(ect the status of )uality of life and behaviour standard of nation to*. the outside world.

+. It provides itself an indicator and common reference.,. It provides tools for assessment.-. It helps to achieve uniformity.

10. ention of law or provision is the shortest way to define narrate and express.

The studies of accidents or mishaps have shown that apart from ignorance most of them are due

to human error/ oversight/ disrespect to warning and laws.

Ignorance cannot be accepted as an excuse and the misbehavior as also disrespect to law is

not pardonable.