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  2. Hierarchy of hazard controls - Wikipedia

    en.wikipedia.org/wiki/Hierarchy_of_hazard_controls

    t. e. Hierarchy of hazard control is a system used in industry to prioritize possible interventions to minimize or eliminate exposure to hazards. [a] It is a widely accepted system promoted by numerous safety organizations. This concept is taught to managers in industry, to be promoted as standard practice in the workplace.

  3. As low as reasonably practicable - Wikipedia

    en.wikipedia.org/wiki/As_low_as_reasonably...

    As low as reasonably practicable (ALARP), or as low as reasonably achievable (ALARA), is a principle in the regulation and management of safety-critical and safety-involved systems. [1][2] The principle is that the residual risk shall be reduced as far as reasonably practicable. In UK and NZ Health and safety law, it is equivalent to so far as ...

  4. Risk appetite - Wikipedia

    en.wikipedia.org/wiki/Risk_appetite

    Risk appetite is the level of risk that an organization is prepared to accept in pursuit of its objectives, [1] before action is deemed necessary to reduce the risk. It represents a balance between the potential benefits of innovation and the threats that change inevitably brings. This concept helps guide an organization's approach to risk ...

  5. Risk control - Wikipedia

    en.wikipedia.org/wiki/Risk_control

    Risk control logically follows after hazard identification and risk assessment. [3] The most effective method for controlling a risk is to eliminate the hazard, but this is not always reasonably practicable. There is a recognised hierarchy of hazard controls which is listed in a generally descending order of effectiveness and preference: [3]

  6. Risk management - Wikipedia

    en.wikipedia.org/wiki/Risk_management

    Together with risk assessment and risk management, risk communication aims to reduce foodborne illnesses. Food safety risk communication is an obligatory activity for food safety authorities [ 60 ] in countries, which adopted the Agreement on the Application of Sanitary and Phytosanitary Measures .

  7. 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]

  8. Layers of protection analysis - Wikipedia

    en.wikipedia.org/wiki/Layers_of_protection_analysis

    Layers of protection analysis (LOPA) is a technique for evaluating the hazards, risks and layers of protection associated with a system, such as a chemical process plant. . In terms of complexity and rigour LOPA lies between qualitative techniques such as hazard and operability studies (HAZOP) and quantitative techniques such as fault trees and event trees.

  9. Hazard ratio - Wikipedia

    en.wikipedia.org/wiki/Hazard_ratio

    Hazard ratio. In survival analysis, the hazard ratio (HR) is the ratio of the hazard rates corresponding to the conditions characterised by two distinct levels of a treatment variable of interest. For example, in a clinical study of a drug, the treated population may die at twice the rate per unit time [clarify] of the control population.