risk management definition

risk management means coordinated activities to direct and control an organization with regard to risk.

risk management means the process, distinct from risk assessment, of weighing policy alternatives in consultation with interested parties, considering risk assessment and other legitimate factors, and, if need be, selecting appropriate prevention and control options;

risk management means the systematic identification of risk and implementation of all measures necessary for limiting exposure to risk. This includes activities such as collecting data and information, analysing and assessing risk, prescribing and taking action and regular monitoring and review of the process and its outcomes, based on sources and strategies defined by the Contracting Parties or internationally.

Examples of risk management in a sentence

• RISK MANAGEMENT Provider’s Risk Management process is trusted and based on a well-known model.

• Quality Improvement - Bendigo Health is dedicated to improving the quality and safety of health services by providing care within the following domains of quality: Consumer Participation, Clinical Effectiveness, Effective Workforce and Risk Management.

• Details of the insurance coverage are on the USA Swimming website under Insurance and Risk Management.

• Unless otherwise approved by the COUNTY Department of Risk Management, insurance shall be written by insurers authorized to do business in the State of California and with a minimum “Best” Insurance Guide rating of “AVII”.

• Proof of insurance shall be mailed to the following address or any subsequent address as may be directed pdf format to Xxxxxxxx@xxxxxxxxx.xxx or in writing by the Risk Manager at: CITY OF SAN XXXX Risk Management 000 X.

More Definitions of risk management

risk management. The systematic identification, assessment, planning, and management of threats and opportunities faced by FHWA projects and programs.

risk management means an integrated system-wide program to ensure the safety of individuals, employees, visitors, and others through identification, mitigation, early detection, monitoring, evaluation, and control of risks.

risk management means the process of identifying, evaluating, reducing, transferring, and eliminating risks. Risk Management includes, but is not limited to, various methods of funding claims payments, purchasing insurance, legal defense of claims, controlling losses, and determining self-insured retention levels and the amount of reserves for potential claims.

risk management means the systematic identification of risk and implementation of all measures for limiting exposure to risk. This includes activities such as collecting data and information, analyzing and assessing risk, prescribing and taking action and regular monitoring and review of the process, based on international and international sources and strategies.

risk management means the systematic identification of risk, including through random checks, and the implementation of all measures necessary for limiting exposure to risk;

risk management means the process, distinct from risk assessment, of evaluating policy alternatives, in consultation with all interested parties considering risk assessment and other factors relevant for the protection of health of consumers and for the promotion of fair trade practices, and, if needed, selecting appropriate prevention and control options;

risk management. ’ means the system- atic application, by the owner or operator of a pipeline facility, of management policies, pro- cedures, finite resources, and practices to the tasks of identifying, analyzing, assessing, re- ducing, and controlling risk in order to pro- tect employees, the general public, the envi- ronment, and pipeline facilities;