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ERIC Number: ED454608
Record Type: RIE
Publication Date: 2000
Pages: 18
Abstractor: N/A
Applying Risk Theory to Educational Development.
Thomas, R. Murray
This paper explores the practical use of risk theory in assessing people's sense of risk in relation to proposed educational development projects. It considers questions such as: How is people's behavior toward a development project influenced by their perception of the risks and benefits implied in the project? How can information about people's perception of risk be collected and interpreted? How can such information be profitably used? Principal components of risk theory are described, including identifying the different types of needs, risks, and benefits that form part of the basis of the theory, understanding the difference between actual and perceived reality, salient features of education development efforts, the effect of consequences, psychological identification, and a practical decision-making algebra that uses opinion scaling. A sample interview composed of 11 questions is given along with reasons for each question and possible use of responses. Results are approximate at best because different people view reality and assess risk and benefit differently. However, this method of collecting and analyzing interviewees' responses yields a more helpful picture of their views of risks and benefits than that obtained from a project manager's casual, unorganized observations of project personnel, and thus it is more useful for modifying personnel's perceptions of risk. (Contains 22 references.) (RT)
Publication Type: Reports - Descriptive; Tests/Questionnaires
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A