Elaine Cassidy
Sarah Manning
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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.
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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.
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 idea of “acceptable” is a personal observation made by the individual, so while science and policy have helped create allowable limits and recognized standards to define what is acceptable, individuals’ perceptions, attitudes, and beliefs may or may not align with those definitions.
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.).
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”.
Jul 29, 2024 · acceptable risk. Quick Reference. A risk that has significantly smaller and/or fewer detrimental consequences than the potential hazards of alternative courses of action.
Understanding acceptable risk requires a comprehensive assessment of the organization’s risk appetite, regulatory requirements, and business objectives.
Apr 17, 2003 · Introduction. Only Relative Safety is Achievable. On the Nature of Risk. Definitions and Comments. A Matter of Semantics. Examples of Acceptable Risk. Using Risk Decision Matrices To Achieve Acceptable Risk Levels. Diverse Views. Designing Beyond Standards. Imposed Risks. The Illusiveness of a Universal Definition of Acceptable Risk.
