How Do Engineers Take Risky Decisions?

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There’s always some risk in the life. Some decisions can even cause failure. Engineers around the globe work on different projects every day. However, an engineer has to consider hundreds of things while assembling a project. An electrical engineer has to test the product and make sure that there’s no fault because a single fault can harm someone. A construction engineer has to make sure that the site being chosen for a building is suitable enough. He has to inspect the site properly and keep an eye on the workers to make sure that the building turns out to be strong.

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Boris Tomicic – Earth Technology Inc.

Every profession involves risks, there are many decisions that involve risks. The risks cannot be eliminated but reduced. Engineers can reduce the risk of failing by following a few simple tips and the decision-making process.

1) Establish the business goals

First of all, the engineers have to establish or determine the objective of the business. No project will give positive results without proper goals or aim. It is not possible to make beneficial decisions unless the objectives of the business are not clear. The objectives of the business should be clear and loud, to help the engineer make the right choice.

2) Identify the problem

An engineer must identify and analyze the problem carefully before coming to a decision. All decisions are taken to solve a problem. Engineers need to know what they are trying to solve before coming to a solution.

3) Collect data

It’s easy to jump to the first solution you find. However, managers must collect all the relevant data about all the possible options before making a final decision. The data must include the constraints on every possibility. There is no point in thinking that it’s okay to build a store at a particular place without collecting appropriate data.

4) Make the decision

After collecting data, it’s the time to make the decision and get it done. The engineer’s job is not just about making a decision, it is important to check if the decision is put into work and if the employees are following your orders effectively and working according to your plans.

5) Check on your decision

After making the decision, look back and review your decision. Ask yourself, if you made the right decision or not? How did the decision benefit you and the company? You can learn lessons for future by looking back and evaluating your decisions.

 

About the Author

Boris Tomicic

Boris Tomicic is an engineer and construction manager by profession. He has worked with many reputation construction companies. Boris has more than 20 years of experience working as a professional engineer.

How Do Engineers Take Risky Decisions?unratedBoris Tomicic2017-08-16 07:23:52There’s always some risk in the life. Some decisions can even cause failure. Engineers around the globe work on different projects every day. However,…

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