risk management

https://doi.org/10.1351/goldbook.14406
Decision-making process involving considerations of political, social, economic, and engineering factors with relevant risk assessments relating to a potential hazard so as to develop, analyze, and compare regulatory options and to select the optimal regulatory response for safety from that hazard.
Note: Essentially risk management is the combination of three steps: risk evaluation; emission and exposure control; risk monitoring.
Source:
PAC, 2010, 82, 679. (Explanatory dictionary of key terms in toxicology: Part II (IUPAC Recommendations 2010)) on page 731 [Terms] [Paper]
Citation: 'risk management' in IUPAC Compendium of Chemical Terminology, 5th ed. International Union of Pure and Applied Chemistry; 2025. Online version 5.0.0, 2025. https://doi.org/10.1351/goldbook.14406 RIS BibTex EndNote
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