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Glossary

in
A B C D E F G H I J K L M N O P Q R S T U V W Z All terms
 

Risk management

Systematic application of management policies, procedures and practices to the tasks of analysing, evaluating and controlling risk.

Reference: 

  • IEC-60300-3-9

i.e. includes risk assessment (risk analysis and risk evaluation) and risk reduction/control.

S2S

Figure showing the simplified relationship between risk analysis and other risk management activities.

 

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Childcontains:Risk estimation
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Childcontains:Risk identification
Childcontains:Risk reduction
 
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