risk management
The process of determining the maximum acceptable level of overall risk to and from a…The process of determining the maximum acceptable level of overall risk to and from a proposed activity, then using risk assessment techniques to determine the initial level of risk and, if this is excessive, developing a strategy to ameliorate appropriate individual risks until the overall level of risk is reduced to an acceptable level.
Meaning
1 senses(uncountable)The process of determining the maximum acceptable level of overall risk to and from a proposed activity, then using risk assessment techniques to determine the initial level of risk and, if this is excessive, developing a strategy to ameliorate appropriate individual risks until the overall level of risk is reduced to an acceptable level.
Risikomanagement
Translations
5 languagesBy meaning 1
Lessons for this word
1 lessons- A1Countable and uncountable nouns — Because it can be uncountable