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  2. Risk - Wikipedia

    en.wikipedia.org/wiki/Risk

    Firefighters are exposed to risks of fire and building collapse during their work.. In simple terms, risk is the possibility of something bad happening. [1] Risk involves uncertainty about the effects/implications of an activity with respect to something that humans value (such as health, well-being, wealth, property or the environment), often focusing on negative, undesirable consequences. [2]

  3. Risk management - Wikipedia

    en.wikipedia.org/wiki/Risk_management

    Example of risk assessment: A NASA model showing areas at high risk from impact for the International Space Station. Risk management is the identification, evaluation, and prioritization of risks, [1] followed by the minimization, monitoring, and control of the impact or probability of those risks occurring. [2]

  4. Risk analysis (business) - Wikipedia

    en.wikipedia.org/wiki/Risk_analysis_(Business)

    Risk analysis is the process of identifying and assessing risks that may jeopardize an organization's success. It typically fits into a larger risk management framework. Diligent risk analysis helps construct preventive measures to reduce the probability of incidents from occurring, as well as counter-measures to address incidents as they ...

  5. Risk factor - Wikipedia

    en.wikipedia.org/wiki/Risk_factor

    Specific to public health policy, a determinant is a health risk that is general, abstract, related to inequalities, and difficult for an individual to control. [2] [3] [4] For example, poverty is known to be a determinant of an individual's standard of health. Risk factors may be used to identify high-risk people.

  6. Risk assessment - Wikipedia

    en.wikipedia.org/wiki/Risk_assessment

    Risk assessment determines possible mishaps, their likelihood and consequences, and the tolerances for such events. [1] The results of this process may be expressed in a quantitative or qualitative fashion. Risk assessment is an inherent part of a broader risk management strategy to help reduce any potential risk-related consequences. [1] [2]

  7. Operational risk management - Wikipedia

    en.wikipedia.org/wiki/Operational_risk_management

    Deliberate risk management is used at routine periods through the implementation of a project or process. Examples include quality assurance, on-the-job training, safety briefs, performance reviews, and safety checks. Time Critical Time critical risk management is used during operational exercises or execution of tasks.

  8. Hazard analysis - Wikipedia

    en.wikipedia.org/wiki/Hazard_analysis

    The first step in hazard analysis is to identify the hazards. If an automobile is an object performing an activity such as driving over a bridge, and that bridge may become icy, then an icy bridge might be identified as a hazard.

  9. Risk management tools - Wikipedia

    en.wikipedia.org/wiki/Risk_management_tools

    Risk management tools help address uncertainty by identifying risks, generating metrics, setting parameters, prioritizing issues, developing responses, and tracking risks. [1] Without the use of these tools, techniques, documentation, and information systems, it can be challenging to effectively monitor these activities.