acceptable risk level

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• Risk homeostasis — is a risk theory developed by Gerald J.S. Wilde, a professor emeritus of psychology at Queen s University, Kingston, Ontario, Canada. This theory is fleshed out in Wilde s book1.The theory of risk homeostasis states that an individual has an… …   Wikipedia

• Risk assessment — is a common first step in a risk management process. Risk assessment is the determination of quantitative or qualitative value of risk related to a concrete situation and a recognized threat. Quantitative risk assessment requires calculations of… …   Wikipedia

• Risk management — For non business risks, see risk, and the disambiguation page risk analysis Example of risk management: A NASA model showing areas at high risk from impact for the International Space Station. Risk management is the identification, assessment,… …   Wikipedia

• risk — {{Roman}}I.{{/Roman}} noun ADJECTIVE ▪ big, considerable, enormous, grave, great, high, huge, major, serious, significant …   Collocations dictionary

• Acceptable quality limit — The acceptable quality limit (AQL) is the worst tolerable process average in percentage or ratio, that is still considered acceptable: that is, it is at an acceptable quality level.[1] Closely related terms are the rejectable quality limit and… …   Wikipedia

• Risk — takers redirects here. For the Canadian television program, see Risk Takers. For other uses, see Risk (disambiguation). Risk is the potential that a chosen action or activity (including the choice of inaction) will lead to a loss (an undesirable… …   Wikipedia

• Acceptable daily intake — or ADI is a measure of the amount of a specific substance (usually a food additive, or a residue of a veterinary drug or pesticide) in food or drinking water that can be ingested (orally) over a lifetime without an appreciable health risk. ADIs… …   Wikipedia

• risk management — noun The process of determining the maximum acceptable level of overall risk to and from a proposed activity, then using risk assessment techniques to determine the initial level of risk and, if this is excessive, developing a strategy to… …   Wiktionary

• level — {{Roman}}I.{{/Roman}} noun 1 amount/size/number ADJECTIVE ▪ elevated, high, significant, substantial ▪ record ▪ Industrial output has reached record levels. ▪ …   Collocations dictionary

• risk minimization — A *risk management technique that reduces the likelihood of occurrence of a *risk or reduces the potential impact of a *risk. If a risk has been managed to acceptable levels of *residual risk, the incremental costs of attempting *risk elimination …   Auditor's dictionary

• acceptable — adj. VERBS ▪ be, prove, seem ▪ become ▪ make sth ▪ an attempt to make the reforms acceptable to both sides ▪ …   Collocations dictionary