2022
Search results
Acceptable Risk. When her husband, Lee, is murdered, Sarah Manning comes to realize that she knows nothing about his past. Sarah begins to question who Lee actually was and what he did in his work for a powerful global organization.
Aug 15, 2017 · Acceptable risk is a risk exposure that is deemed acceptable to an individual, organization, community or nation. Acceptable risks are defined in terms of the probability and impact of a particular risk.
ACCEPTABLE RISK. The term "acceptable risk" describes the likelihood of an event whose probability of occurrence is small, whose consequences are so slight, or whose benefits (perceived or real) are so great, that individuals or groups in society are willing to take or be subjected to the risk that the event might occur.
Jan 9, 2002 · Acceptable risk is a function of many factors and varies considerably across industries (e.g. mining vs. medical devices vs. farming). Local cultures also play an important role in risk acceptability, as has been experienced by our colleagues working in global companies.
Jul 31, 2017 · These slides develop the distinction between acceptability and tolerability of risks, describe the factors that influence acceptability, and outline a number of decision rules used in various industrial sectors to determine which levels of risk are acceptable (absolute targets, ALARP principle, GAME, etc.).
Sep 29, 2022 · Accepting risk, or risk retention, is a conscious strategy of acknowledging the possibility for small or infrequent risks without taking steps to hedge, insure, or avoid those risks.
The chapter offers several examples of the use of the term acceptable risk, and discussions that address the impossibility of achieving zero risk levels. It explores the inadequacy of “minimum risk” as a replacement term for “acceptable risk”.
