Published in Scientific Papers. Series "Journal of Young Scientist", Vol. 4
Written by Bogdan DUMITRU
By acknowledging the fact that it is more efficient, wise, simple and cost-effective to prevent rather that repair any disaster, the present article is drawing our attention to the importance that Risk Management plays in the decisionmaking process. In the following article there have been pointed out the purpose and process of decision making, what role does risk management play in this process, what results should be expected and how the science of Management can be applied in the Land Reclamation field. What role does Risk Management play in Project planning and how is it helping it to increase its performances and efficiency. Towards the end, we will acknowledge the benefits of risk management in project planning and, how simulating and forecasting the results helps in achieving better results.
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