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Risk is the lack of certainty about the outcome of making a particular choice. Statistically, the level of downside risk can be calculated as the product of the probability that harm occurs (e.g., that an accident happens) multiplied by the severity of that harm (i.e., the average amount of harm or more conservatively the maximum credible amount of harm).
A job-exposure matrix (JEM) is a tool used to assess exposure to potential health hazards in occupational epidemiological studies.. Essentially, a JEM comprises a list of levels of exposure to a variety of harmful (or potentially harmful) agents for selected occupational titles.
For research that involves more than minimal risk of harm to the subjects, the investigator must assure that the amount of benefit clearly outweighs the amount of risk. Only if there is a favorable risk–benefit ratio may a study be considered ethical .
Emmental cheese with eyes. When cut into slices, each slice will have holes of varying sizes and positions. In the Swiss cheese model, an organization's defenses against failure are modeled as a series of imperfect barriers, represented as slices of cheese, specifically Swiss cheese with holes known as "eyes", such as Emmental cheese.
The Royal College of Nursing announced on Wednesday that its members in the majority of NHS employers across the UK have backed industrial action. NHS will do all it can to ‘minimise harm ...
Intuitively, the lower the number needed to harm, the worse the risk factor, with 1 meaning that every exposed person is harmed. NNH is similar to number needed to treat (NNT), where NNT usually refers to a positive therapeutic result and NNH to a detrimental effect or risk factor. Marginal metrics: NNT for an additional beneficial outcome (NNTB)
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When used as part of an aviation hazard analysis, a "Likelihood" is a specific probability. It is the joint probability of a hazard occurring, that hazard causing or contributing to an aircraft accident or incident, and the resulting degree of loss or harm falling within one of the defined severity categories.