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    « Risk | Main | Risk aggregation »
    Sunday
    Dec072008

    Risk acceptance

    DateSunday, December 7, 2008 at 08:54AM

    Informed decision to take a particular risk.

    Note 1: Risk acceptance can occur without risk treatment or during the process of risk treatment.
    Note 2: Risk acceptance can also be a process.
    Note 3: Risk accepted are subject to monitoring and review.

    Source : BS31100:2008 [ISO Guide 73]

    AuthorAndrew Smart | CommentPost a Comment |
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