risk management

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risk management

[′risk ‚man·ij·mənt]
(engineering)
The overall systematic approach to analyzing risk and implementing risk controls.
McGraw-Hill Dictionary of Scientific & Technical Terms, 6E, Copyright © 2003 by The McGraw-Hill Companies, Inc.

Risk management

The management of an activity, accepting a level of risk which is balanced against the benefit of the activity, usually based on an economic assessment.
Illustrated Dictionary of Architecture Copyright © 2012, 2002, 1998 by The McGraw-Hill Companies, Inc. All rights reserved

risk management

In the building industry, the systemized practice of avoiding potential risks, such as culpability and liability or legal entanglements.
McGraw-Hill Dictionary of Architecture and Construction. Copyright © 2003 by McGraw-Hill Companies, Inc.

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 and risk mitigation.
Copyright © 1981-2019 by The Computer Language Company Inc. All Rights reserved. THIS DEFINITION IS FOR PERSONAL USE ONLY. All other reproduction is strictly prohibited without permission from the publisher.
References in periodicals archive ?
An important aspect of risk communication is that it becomes a form of "communication that creates empathy" by enabling stakeholders to understand a broad range of positions and opinions, and is able to bring these together as respective changes in behavior.
Organising this training workshop aimed to raise the efficiency of national risk communication and the ability to involve the community members, and focusing on the potential public health risks that may pose a threat at the national and regional levels.
Therefore, organizing this training workshop came to raise the efficiency of national risk communication and the ability to involve the community members, and focusing on the potential public health risks that may pose a threat at the national and regional levels.
Risk communication becomes a means for communicating beliefs and ideologies as much as being about the attention, perspectives, and actions related to the risk itself (Palenchar and Heath 2007).
Risk communication initiatives have also kicked off in affected communities to inform parents and caregivers of vaccinated children on the signs and symptoms to watch for and where they can have consultations.
Scholars have argued that risk perception varies by individual, so risk communication should account for the interaction of risk message characteristics with the personal characteristics of message recipients (Mileti & Fitzpatrick, 1991).
Radon risk communication efforts through EHP has benefited from partnerships with different jurisdictions and nongovernmental organizations, which aid in adding strength and credibility to the message.
* Crisis communication is risk communication in the face of extreme, sudden danger.
All nurses should be able to demonstrate knowledge of the role of advocacy (case and class), ethics, and risk communication in patient care and community intervention with respect to the potential adverse effects of the environment on health.
But to the average person, the definition of risk is "the probability of something bad happening." And risk communication does not always account for the subjectivity of "something bad."
The uncertainty, difference of opinions, and contested recommendations typical in public discussion of risk issues make Perelman and Olbrechts-Tyteca's explanation of interacting arguments particularly fitting for describing and analyzing risk communication successes and failures.
Some of the principles of health risk communication are: 1) do not just dismiss concerns; 2) convey what you know and don't know; and 3) listen to the concerns of the audience.

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