Definition of Risk management

Babylon English
risk management
process of reducing danger and risk by choosing the safest option

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Risk management definition was found in categories: Business & Finance(4)  Government(1)  Society & Culture(2)  Science & Technology(2)  Medicine(1)  Encyclopedia(1)  

Risk management Definition from Business & Finance Dictionaries & Glossaries

Campbell R. Harvey's Hypertextual Finance Glossary
Risk management
The process of identifying and evaluating risks and selecting and managing techniques to adapt to risk exposures.

BASSAM Trade, Real Estate, Mortgage, Fund,Invest, Insurance,& Tax,Terms/abbreviations/defin.
RISK MANAGEMENT
Evaluation and selection of appropriate property and other insurance.
See DOWNSIDE RISK

Options Trading Glossary
Risk/Reward management
The complete trading approach developed by The Option Advisor. It results in risk being reduced and reward (or profits) being increased, thereby maximizing the target risk/reward ratio.

Raynet Business & Marketing Glossary
Risk Management
the process of analyzing exposure to risk and determining how to best handle such exposure


Risk management Definition from Government Dictionaries & Glossaries

DOD Dictionary of Military Terms
risk management
The process of identifying, assessing, and controlling risks arising from operational factors and making decisions that balance risk cost with mission benefits. Also called RM. See also risk. (JP 3-0)
  


Risk management Definition from Society & Culture Dictionaries & Glossaries

EPA Terms of Environment
Risk Management
The process of evaluating and selecting alternative regulatory and non-regulatory responses to risk. The selection process necessarily requires the consideration of legal, economic, and behavioral factors.

Environmental Engineering (English ver.)
Risk Management
An evaluation of the need for and feasibility of reducing risk. It includes consideration of magnitude of risk, available control technologies, and economic feasibility.


Risk management Definition from Science & Technology Dictionaries & Glossaries

Bioglossary
Risk management
Description: The emplementation of the most appropriate measures to minimize the identified risks and mitigate their effects while achieving the anticipated results.
Source: Report of Panel of Experts on Biosafety

Description: Refers to the ways that appropriate methods are applied in order to minimise risks and should not be determined by and in proportion to the results of the risk/safety analysis. It does not include broader considerations of a political, socio-economic, value and/or ethical nature.
Source: Safety Considerations for Biotechnology Scale-up of Crop Plants OECD 1993

Description: The measures to ensure that the production and handling of an organism is safe.
Source: UNEP International Technical Guidelines for Safety in Biotechnology

Description: Risk management is the identification and implementation of the most appropriate measures to minimize identified risks.
Source: Australia

Description: Risk management means the group of measures intended to reach a safe use of living modified organisms.
Source: Cuba

Description: Risk management refers to the ways that appropriate measures to manage risks and should not be determined by and in proportion to the results of the risk/safety analysis. It does not include broader considerations of a political, socio-economic, value and/or ethical nature.
Source: New Zealand

Description: Risk management is the implementation of the most appropriate measures to minimize the identified risks and mitigate their effects while achieving the anticipated results.
Source: Report of Panel of Experts on Biosafety

Description: Risk management is the measures to ensure that the production and handling of an organism is safe.
Source: UNEP International Technical Guidelines for Safety in Biotechnology

Description: Risk management refers to the ways that appropriate methods are applied in order to minimize risks and should not be determined by and in proportion to the results of the risk/safety analysis. It does not include broader considerations of a political, socio-economic, value and/or ethical nature.
Source: Safety Considerations for Biotechnology Scale-up of Crop Plants, OECD 1993

Description: Risk management is the measures to ensure that the production and handling of an organism are safe. [In accordance with the definition in the UNEP Technical Guidelines. We believe it necessary to include within the definition a warning and prevention system for release into the environment].
Source: Peru

Description: Risk management is the measures to ensure that the transfer, handling and use of an LMO is safe, including measures to mitigate any damage likely to occur.
Source: Malaysia

Description: Risk management is the implementation of the most appropriate measures to minimize the identified risks and mitigate their effects while achieving the anticipated results.
Source: China

Description: Risk management means any appropriate measure for the management of potential risk, including experimental design, post-release monitoring, emergency plans and other measures indicated in this protocol.
Source: African Group

Fishery Glossary
Risk management
The process of evaluating and selecting regulatory and non-regulatory responses to risk. The selection process necessarily requires the consideration of legal, economic, and behavioural factors . The terms risk management and risk assessment are used in many different ways, in different contexts and jurisdictions and by different professions. There is often little consistency of use even within one countr. It is therefore recommended, that these terms are explained in the context in which they are intended to apply. Choudhury and Jansen (1997)


Risk management Definition from Medicine Dictionaries & Glossaries

TOXICOLOGY
Risk Management
The process of weighing policy alternatives and selecting the most appropriate regulatory action based on the results of risk assessment and social, economic, and political concerns.


Risk management Definition from Encyclopedia Dictionaries & Glossaries

Wikipedia English - The Free Encyclopedia
Risk management
For non-business risks, see risk or the disambiguation page risk analysis.
Risk management is the human activity which integrates recognition of riskrisk assessment, developing strategies to manage it, and mitigation of risk using managerial resources.

The strategies include transferring the risk to another party, avoiding the risk, reducing the negative effect of the risk, and accepting some or all of the consequences of a particular risk.

Some traditional risk managements are focused on risks stemming from physical or legal causes (e.g. natural disasters or fires, accidents, death and lawsuits). Financial risk management, on the other hand, focuses on risks that can be managed using traded financial instruments.


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