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What term does residual risk mean?
It is the possibility of a remaining risk when all other risks have been eliminated
What does at risk mean?
"At risk" refers to a situation where an individual or group is exposed to potential harm, danger, or loss. This term is often used in various contexts, such as health, finance, or social issues, to indicate vulnerability to adverse outcomes. For example, children from low-income families may be considered "at risk" for educational challenges due to lack of resources. In finance, an investment may be labeled "at risk" if it has a high probability of losing value.
What is faster risk or cisk?
"Risk" and "Cisk" are not directly comparable in terms of speed, as "risk" typically refers to the potential for loss or harm in various contexts, while "cisk" does not have a widely recognized meaning. If "cisk" is a specific term or acronym within a certain field, please provide more context. In general discussions, "risk" pertains to decision-making and outcomes rather than speed.
What does the term initial risk mean?
Initial risk refers to the level of risk associated with a project, investment, or decision at the outset, before any risk management strategies are implemented. It encompasses potential threats and uncertainties that could impact outcomes or objectives. Understanding initial risk helps organizations identify areas that need attention and develop strategies to mitigate potential adverse effects.
What does the term relative risk refer to?
In Statistics and Mathematical Epidemiology the term Relative Risk refers to the risk of an occurrence ( or evolving disease) associated to being unprotected. Relative Risk is a rate of the likelihood of the occurrence happening in the exposed group compared to the non-exposed group.
What does the term risk mean for hazard?
Because usually when you take a risk, the risk is something hazardous or something that can cause you harm.
What does the term significant risk of harm means?
Significant risk of harm refers to a level of potential danger or threat that is deemed serious or considerable. It signifies a situation where there is a heightened probability of harm occurring, necessitating immediate attention or intervention to prevent negative consequences.
What does the term 'marac' mean?
MARAC (Multi Agency Risk Assessment Conference) MARACs deal with the domestic violence victims identified as being at highest risk of serious harm, which is a national organisation supported by the home office.
What is substantial risk of harm?
Substantial risk of harm refers to a situation where there is a high likelihood that someone's safety or well-being will be seriously threatened or compromised. This term is often used in legal contexts to assess whether intervention is necessary to prevent harm from occurring.
What term refers to a source of danger that poses a threat?
The term is "hazard." A hazard is a potential source of harm or adverse health effects on a person or thing.
What does the term initial risk mean for hazards?
The risk for a hazard before controls are put in place
What does dicey mean?
"Dicey" is used when there is a significant element of risk in doing something. The term evokes dice games, where a single toss of the dice can make you very rich, or very poor.
What term does residual risk mean?
It is the possibility of a remaining risk when all other risks have been eliminated
What does the term risk mean in the CRM process?
Risk that remains after all controls have been identified and selected
What does vunrable mean?
The term vulnerable means being capable to emotional or physical harm.
What does term residual risk mean in crm process?
Risk that remains after all controls have been identified and selected
What the term residual risk mean in the CRM process?
Risk that remains after all controls have been identified and selected
