Risk , defined

While the F-N curve is a cumulative illustration, the risk profile shows the expected frequency of accidents of a particular category or level of consequence. The diagonal line is a line of constant risk defined such that the product of expected frequency and consequence is a constant at each point along the line. " As the consequences of accidents go up, the expected frequency should go down in order for the risk to remain constant. As the example illustrates, if a portion of the histogram sticks its head up above the line (i.e., a particular type of accident contributes more than its fair share of the risk), then that risk is inconsistent with the risk presented by other accident types. (Note There is no requirement that you use a line of constant risk other more appropriate risk criteria for your application can be easily defined and displayed on the graph.)... 

In a decision problem it is desired to minimize the expected risk defined as follows ... 

Qualification of a capillary electrophoresis instrument is performed using failure mode, effects, and criticality analysis as the risk analysis tool. The instrument is broken down into its component modules and the potential failures of those components identified. The potential effect of those failures is defined and the risk characterized. Any current evaluation of those failures is identified and any recommended actions to mitigate the risk defined. 

Direct risk, defined as the probability of an accident (or other risk-related event) times the magnitude of the consequences. 

Social risk, defined as the damage inflicted upon society by an accident or risk-related event. 

Perceived risk, defined as the average public perception of the severity of a given risk. 

Since hsCRP values minimally correlate with Upid concentrations and lipid parameters account for <3% to 5% of the variance in hsCRP measurement, the measurement of hsCRP does not replace but instead complements the evaluation of lipids and other classical CHD risk factors in primary prevention settings. Data from the WHS demonstrated that hsCRP adds prognostic information not only at all levels of the risk defined by current LDL cut points of the NCEP but also at ah levels of the risk specified by the Framingham risk score algorithm. ... 

Using the language of risk, define REL and PEL and describe their use in analyzing the risks of inhaling particulates. 

Aven, T. and Renn, 0.2009. On risk defined as an event where the outcome is uncertain. J isk esearch 12 1-11. 

As per ISO guide 73, risk management stands for, coordinated activities to direct and control an organization with regard to risk," defined in Clause 2.3. 

The concept of financial risk defined by Barbaro and Bagajewicz (2002a) and its alternative of downside risk (Eppen et al., 1989) have been incorporated into the stochastic model to support the decision making. Downside risk is finally used. 

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