Is technical skill enough to truly manage risk? This article explores the idea that while **risk analysis** techniques are necessary, they are not sufficient on their own for effective **risk management**. It argues for a more comprehensive approach that considers decision-making processes and contextual factors. The article proposes that **risk analysis** encompasses risk identification, estimation, and evaluation, and uses these components as a framework for discussion. Within each framework, the article provides an overview of common and important techniques. It then delves into the issue of sufficiency, discussing the limitations of relying solely on technical tools. The paper refers to decision-making techniques in **risk management** and supports its thesis with the techniques. By highlighting the importance of decision-making and contextual understanding, the article offers valuable insights for professionals involved in **risk management**, encouraging them to adopt a more holistic approach. The work may further research for practical application of techniques.
Published in Disaster Prevention and Management: An International Journal, this paper directly addresses a core concern of the journal: how to effectively manage risk in the context of potential disasters. By arguing that technical risk analysis is insufficient, the paper encourages a broader perspective on disaster preparedness, aligning with the journal's focus.