Question

The below mentioned questions are based on the Case Study of BP Deepwater Horizon disaster. Kindly help me in answering the questions that count 20 marks each.

BP had a group-wide corporate system to evaluate risk, introduced by Hayward. Why did this not predict the Deepwater Horizon disaster?
A. The system was flawed and did not account for specific operational risks.
B. The system accurately predicted the disaster, but preventive measures were not implemented.
C. The system was not implemented properly, leading to inaccurate risk assessments.
D. The system was designed for different types of disasters and was not

Answer 1

The group-wide corporate system introduced by Hayward was flawed and did not account for specific operational risks, which is why it failed to predict the Deepwater Horizon disaster.

Step-by-step explanation:

The correct answer is A. The system was flawed and did not account for specific operational risks.

The group-wide corporate system introduced by Hayward was unable to predict the Deepwater Horizon disaster because it was flawed and did not consider specific operational risks. While the system may have been designed to evaluate risk in general, it did not effectively assess the specific risks associated with deepwater drilling and the potential failure of safety measures. Therefore, it failed to predict the disaster.

For example, the system may have focused on financial risks or regulatory compliance rather than the technical and operational risks involved in deepwater drilling. As a result, important factors such as the integrity of well control equipment and the effectiveness of emergency response plans may have been overlooked.