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risk management
(redirected from Hazard risk management)

    Also found in: Medical, Financial, Wikipedia 0.07 sec.

risk management

The optimal allocation of resources to arrive at a cost-effective investment in defensive measures within an organization. Risk management minimizes both risk and costs. See risk assessment.

risk management [′risk ‚man·ij·mənt]
(engineering)
The overall systematic approach to analyzing risk and implementing risk controls.


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This alliance with Samsung Everland allows ABS Consulting to market and promote natural and manmade hazard risk management services to various divisions and affiliated companies within the Samsung Group, the Korean government and other potential clients in Korea.
ABS Consulting Teams with Samsung Everland Inc. for Risk Management ... by Business Wire
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