residual risk

25 examples (0.03 sec)
  • Info The residual risk is the risk or danger of an action or an event, a method or a (technical) process that, although being abreast with science, still conceives these dangers, even if all theoretically possible safety measures would be applied (scientifically conceivable measures).
  • Therefore, all organizations have to accept some level of residual risks.
  • Screening this selected group may be beneficial, but even when negative may still indicate residual risk.
  • If the residual risk is unacceptable, the risk treatment process should be iterated.
  • As with all blood-derived products, the transmission of prions is possible as a residual risk.
  • Residual risk is the risk that is left over after all reliability activities have finished and includes the un-identified risk and is therefore not completely quantifiable.
  • In the property rights model it is the shareholder that holds the residual risk and therefore the residual profit.
  • The end goal is calculate the residual risk of the asset, and a Risk Management Plan.
  • The residual risks, i.e. the risk reaming after risk treatment decision have been taken, should be estimated to ensure that sufficient protection is achieved.
  • In the active portfolio the weight of each stock is proportional to the alpha value divided by the variance of the residual risk.
  • Protective measures have to be introduced on the devices to reduce residual risks at acceptable level if compared with the benefit derived from the use of it.
  • The ALARP principle is that the residual risk shall be as low as reasonably practicable.
  • The SSA summarizes the residual risks remaining in the system and should show all hazards meet the 1309 failure rates.
  • As more research and development is done, more information is learned about the project, and the uncertainty then tends to decrease, reaching 0% when all residual risk has been terminated or transferred.
  • Any residual risk of e-cigarette use should be weighed relative to the risk of continuing or returning to smoking, taking account of the low success rate of currently-approved smoking cessation medications.
  • The risk treatment process aim at selecting security measures to: risk and produce a risk treatment plan, that is the output of the process with the residual risks subject to the acceptance of management.
  • On the other hand, accreditation is the process of accepting the residual risks associated with the continued operation of a system and granting approval to operate for a specified period of time.
  • May reduce portfolio quality: If the AAA risks, for example, are being securitized out, this would leave a materially worse quality of residual risk.
  • The purpose of defining a risk response is to bring risk in line with the overall defined risk appetite of the organization after risk analysis: i.e. the residual risk should be within the risk tolerance limits.
  • It presents a comprehensible overview of the coherence of risks, measures and residual risks to achieve this common understanding.
  • The commission issued a report to the United States Congress in 1997 that "recommended a scheme for residual risk assessment as well as a framework for environmental health risk management."
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