Numerous studies, cited in this book, demonstrate that application of most enlightened environmental management increases profits (since pollution is equivalent to wasted resources) and thus fiscal conservatism and emphasis on private property rights also mean increased environmental protection. Only in an unenlightened society are environmental safeguards mistakenly considered as opposed to business interests and free markets.
From Fundamentals of Risk Analysis and Risk Management, editor Vlasta Molak, CRC Press.
The same could be said of project activities, IT projects, space projects, construction projects. Not managing risk is wasting resources.