I believe so. It was completely avoidable. And even if it did occur, casualties should have been minimal.
-No drills. Nobody knew the emergency procedures, or the locations of the lifeboats on the ship deck... the captain couldn't be bothered to execute drills. Many of the lifeboats only had a few people in them, because the bulk of the passengers didn't know where they were on the ship.
-All of the sane ship captains stopped their vessels outside the iceberg field. Smith plowed on through.
-He hadn't bothered to properly brief or train any of his officers. The officer in charge of the bridge didn't know how to properly handle the ship when the iceberg was spotted. Instead of ramming the iceberg headon (Which the ship's hull was designed for), he turned it, allowing it to make a huge slit along the side.
-The lookouts weren't equipped with binoculars. There was a pair in the quarters of one of the officers who was absent from the voyage. If Smith had bothered to address this problem, the binoculars could have been obtained and given to the lookouts.
-He could have simply sailed over to a nearby ship WITHIN EYESIGHT, and unloaded the passengers there.
-The Captain completely failed to carry out any form of damage control.
-There weren't enough lifeboats. Not his fault, but he made no attempt to have more constructed after the iceberg hit. There were lots of ablebodied people standing around doing nothing. There were plenty of rudimentary tools and sources of building supplies.