risk management definition

risk management means coordinated activities to direct and control an organization with regard to risk.

risk management means the process, distinct from risk assessment, of weighing policy alternatives in consultation with interested parties, considering risk assessment and other legitimate factors, and, if need be, selecting appropriate prevention and control options;

risk management means the systematic identification of risk and implementation of all measures necessary for limiting exposure to risk. This includes activities such as collecting data and information, analysing and assessing risk, prescribing and taking action and regular monitoring and review of the process and its outcomes, based on sources and strategies defined by the Contracting Parties or internationally.

Examples of risk management in a sentence

• Proof of the required insurance must be furnished by VENDOR to SBBC’s Risk Management Department by Certificate of Insurance within fifteen (15) calendar days of the date of this Agreement.

• The Employer shall provide malpractice insurance coverage for all full-time and regular part-time Assistant Prosecuting Attorneys under policies provided by the Michigan Municipal Risk Management Authority and the Prosecuting Attorney's Association of Michigan.

• CONTRACTOR (Vendor #:V023619) MILWAUKEE BOARD OF SCHOOL DIRECTORS By: By: Authorized Representative Xxxxxx Xxxxxxxx, Director Procurement & Risk Management Date: Date: Proximity Learning Inc.

• Xxxxxx, County Counsel-Risk Manager By: Risk Management Date: approved on *INSTRUCTIONS: If CONTRACTOR is a corporation, including non-profit corporations, the full legal name of the corporation shall be set forth above together with the signatures of two (2) specified officers per California Corporations Code Section 313.

• Contractor shall abide by Forest Park’s applicable Risk Management Requirements, attached to this Agreement as Exhibit C and incorporated herein by reference.

More Definitions of risk management

risk management. The systematic identification, assessment, planning, and management of threats and opportunities faced by FHWA projects and programs.

risk management means an integrated system-wide program to ensure the safety of individuals, employees, visitors, and others through identification, mitigation, early detection, monitoring, evaluation, and control of risks.

risk management means the process of identifying, evaluating, reducing, transferring, and eliminating risks. Risk Management includes, but is not limited to, various methods of funding claims payments, purchasing insurance, legal defense of claims, controlling losses, and determining self-insured retention levels and the amount of reserves for potential claims.

risk management means the systematic identification of risk and implementation of all measures for limiting exposure to risk. This includes activities such as collecting data and information, analyzing and assessing risk, prescribing and taking action and regular monitoring and review of the process, based on international and international sources and strategies.

risk management means the systematic identification of risk, including through random checks, and the implementation of all measures necessary for limiting exposure to risk;

risk management means the process, distinct from risk assessment, of evaluating policy alternatives, in consultation with all interested parties considering risk assessment and other factors relevant for the protection of health of consumers and for the promotion of fair trade practices, and, if needed, selecting appropriate prevention and control options;

risk management. ’ means the system- atic application, by the owner or operator of a pipeline facility, of management policies, pro- cedures, finite resources, and practices to the tasks of identifying, analyzing, assessing, re- ducing, and controlling risk in order to pro- tect employees, the general public, the envi- ronment, and pipeline facilities;