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risk assessment

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  • 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 assessment — noun A complete description of the safety of something, eg a nuclear plant, to evaluate the likelihood and consequence of any possible accident • • • Main Entry: ↑risk * * * risk assessment UK US noun [countable/uncountable] [singular risk… …   Useful english dictionary

  • risk assessment — ➔ assessment * * * risk assessment UK US noun ► [C or U] (also risk analysis) MANAGEMENT the process of finding out how much risk is involved in doing something: »He has responsibility for financial management, strategic planning and risk… …   Financial and business terms

  • risk assessment — In the context of employment law, an assessment of the levels of harm which may be involved in various workplace activities and as a result of using equipment required to carry these activities out and the likelihood of such harm occurring. Risk… …   Law dictionary

  • risk assessment — The identification, analysis, and measurement of *risks relating to an activity or organization. Risk assessment comprises the initial stages of *risk management, and it is one of the five components of effective *internal control identified in… …   Auditor's dictionary

  • risk assessment — UK / US noun [countable/uncountable] Word forms risk assessment : singular risk assessment plural risk assessments business the process of calculating how much risk is involved in a particular action …   English dictionary

  • Risk Assessment — The process of determining the likelihood that a specified negative event will occur. Investors and business managers use risk assessments to determine things like whether to undertake a particular venture, what rate of return they require to… …   Investment dictionary

  • risk assessment — /ˈrɪsk əsɛsmənt/ (say risk uhsesmuhnt) noun the assessment of possible hazards involved in the workplace, on school excursions, at community events, etc., especially with regard to insurance: the school conducted a risk assessment before taking… …  

  • risk assessment — viešojo juridinio asmens rizikos valdymo įvertinimas statusas Aprobuotas sritis auditas apibrėžtis Vidaus auditoriaus pateiktos išvados apie viešojo juridinio asmens rizikos valdymą. atitikmenys: angl. risk assessment; risk management assessment… …   Lithuanian dictionary (lietuvių žodynas)

  • risk assessment — (in psychiatry) an assessment of the risk that a patient may pose at a given time, which is part of every mental state examination. Risk assessments are based primarily on past behaviour and certain aspects of current behaviour. They are usually… …   The new mediacal dictionary

  • risk assessment — The identification and assessment of hazards (first two steps of risk management process) …   Military dictionary

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