risk management

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Related to Risk reduction: Risk Avoidance

risk′ man`agement


n.
the techniques used to minimize and prevent accidental loss to a business.
[1960–65]
risk′ man`ager, n.

risk management

The process of identifying, assessing, and controlling, risks arising from operational factors and making decisions thatbalance risk cost with mission benefits. Also called RM. See also risk.
Translations
gestion de risques
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References in periodicals archive ?
The Quezon City Disaster Risk Reduction and Management Office (QC DRRMO) is urging all privately owned educational institutions within the city to create their own contingency plans and policies for calamities.
Gauteng Department of Cooperative Governance and Traditional Affairs (CoGTA)s Provincial Disaster Management Centre (PDMC) in conjunction with Wits School of Governance will on Thursday, 01 March hold a Provincial lecture on Resilience and Disaster Risk Reduction and Climate change.
Abeliza Manzano, the Provincial Disaster Risk Reduction and Management officer, said 39 people remained missing as of Friday even though more bodies were being found as rescuers had now shifted operations from search and rescue to search and
ISLAMABAD -- At the invitation of the National Disaster Management Authority, Government of Pakistan, high-ranking officials of national disaster management offices and related organizations from sixteen Asian countries are all set to meet on Monday to discuss and deliberate upon options for disaster risk reduction through regional cooperation.
The RCC will discuss opportunities and challenges for implementing at national and regional scale the Sendai Framework for Disaster Risk Reduction, the Sustainable Development Goals (SDGs) and Paris Climate Change Agreement.
During his participation in the 3ird meeting of the Regional Centre for Disaster Risk Reduction, the minister also called for the preparation of geographical maps till 2040, to address the annual rainfall, temperatures, evaporation and drought of the North Western part of Asia which includes Jordan, Syria, Palestine, Lebanon and Egypt.
The key change from IDNDR to ISDR was to develop a comprehensive framework of disaster risk reduction (focusing on risk reduction issues), to identify priorities, and to measure the periodic progress.
The appointment was announced by Margareta Wahlstrom, Special Representative of the UN Secretary General for Disaster Risk Reduction, last Nov.
Abe made the pledge in his speech at the High Level Segment during the UN Conference on Disaster Risk Reduction, which kicked off in the northeastern Japanese city of Sendai on Saturday.
UN Secretary-General Ban Ki-moon vowed in his opening speech that the world body will make this the highest level meeting on disaster risk reduction in history .
Minister of Emergency Situations of Kyrgyzstan Kubatbek Boronov and Ambassador of Japan in Kyrgyzstan Takayuki Koike discussed results of the project on disaster risk reduction.
This report calls for the development of a national vision for coastal risk management that includes a long-term view, regional solutions, and recognition of the full array of economic, social, environmental, and life-safety benefits that come from risk reduction efforts.