kənvˈɛnʃənz hɐvbɪn dɪvˈaɪzd tə mˈæksɪmˌaɪz ðɪ ɑːpɚtˈuːnᵻɾi fɔːɹ səksˈɛs wˌaɪlst mˈɪnɪmˌaɪzɪŋ ðə ɹˈɪsk ʌv fˈeɪlɪɹ.
Conventions have been devised to maximise the opportunity for success whilst minimising the risk of failure.