Risk Management & Risk Assessment

Risk Management is the systematic application of quality management policies, procedures and practices to the tasks of assessing, controlling, communicating and reviewing risk.

Risk Assessment is the systematic process of organizing information to support a risk decision to be made within a risk management process. It consists of the identification of hazards and the analysis and evaluation of risks associate with exposure to those hazards.

ISO 3100 – Relationship between the risk management principles, framework and process.

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