BioScience Dictionary

 
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Found Risk management 1 time.

Displaying results 1 to 10.

1. Risk management
Risk management is the decision-making process involving considerations of political, social, economic and engineering factors with relevant risk assessments relating to a potential hazard so as to develop, analyse and compare regulatory options and to select the optimal regulatory response for safety from that hazard. Essentially risk management is the combination of three steps: risk evaluation , emission and exposure control, and risk monitoring.