The first rudimentary notion of what can be called risk, may have arisen, according to Covello and Munpower (1985), around 3200 BC in the valley between the Tigris and Euphrates Rivers, where lived a group called “Asipu”. A major function of this group was to help people who needed to make difficult decisions. The “Asipus”, when sought, identified the scale of the problem, the alternatives and the consequences of each alternative. Then, they drew up a table, marking the positive and negative points of each alternative to indicate the best decision
