Risk reduction
Risk Reduction
Risk reduction (pronunciation: /rɪsk rɪˈdʌkʃən/) is a systematic approach to identifying and reducing the risks associated with potential hazards in a particular environment or situation.
Etymology
The term "risk reduction" is derived from the English words "risk", which comes from the early Italian risicare, which means "to dare", and "reduction", which comes from the Latin reductio, meaning "bringing back".
Definition
Risk reduction involves the implementation of measures to reduce the likelihood of an adverse event occurring, or to minimize the impact if it does occur. This can involve a range of strategies, from physical measures such as safety equipment and procedures, to more abstract measures such as training, education, and policy changes.
Related Terms
- Risk Management: The process of identifying, assessing, and controlling risks arising from operational factors and making decisions that balance risk costs with mission benefits.
- Hazard Identification: The process of identifying hazards in order to reduce the risk of injury.
- Risk Assessment: The overall process or method where you identify hazards and risk factors that have the potential to cause harm.
- Risk Mitigation: The process of prioritizing, evaluating, and implementing the appropriate risk-reducing controls/recommendations.
- Risk Communication: The exchange of information about risk among decision-makers and others.
See Also
External links
- Medical encyclopedia article on Risk reduction
- Wikipedia's article - Risk reduction
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