Is Risk still an Uncertainity ? Perhaps no longer.
With crisis time in market and credit based risks, collapsing and propped up Banks,fluctuating market conditions , rising frauds and vanishing credit, plummeting GDP and employment, rising debt, not to talk of aggressive free service offerings ( from google to facebook) as a sales strategy, Risk has become an everyday certainity.
Project personnel in science and technology have been long used to this phenomenon, a reason why CERN and NASA puts up ambitious projects each year without flapping a eyelid. The failure to spot the Banking Crisis doesn't make Risk Rocket science. You only need to change Risk modelling and start to manage Risk with predictive analytics. See how variance based predictive analytics is used to manage Business and financial Risks now widely used by Amazon and Google :
Business Risk Management Series ( 954 views in 3 weeks )
http://tinyurl.com/lzokqy
Business Risk Case study Ba 31 ( 1185 views in 2 weeks)
http://bit.ly/LJofP
Business Risk Case study Ba 32 ( 385 views in 5 days )
http://tinyurl.com/lnkv9h