Difference between revisions of "Risk Evaluation"
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{{definition| Risk evaluation is the process used to prioritise risks. <ref name="MAIMAus">[https://www.em.gov.au/Documents/Manual03-AEMGlossary.PDF Australian Emergency Management Glossary, Emergency Management Australia (1998)]</ref>}} | {{definition| Risk evaluation is the process used to prioritise risks. <ref name="MAIMAus">[https://www.em.gov.au/Documents/Manual03-AEMGlossary.PDF Australian Emergency Management Glossary, Emergency Management Australia (1998)]</ref>}} | ||
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| + | {{definition|Process of comparing the results of [[Risk Analysis|risk analysis]] with [Risk Criteria|risk criteria]] to determine whether the risk and/or its magnitude is acceptable or tolerable.<ref> [http://www.risknz.org.nz/files/3114/0868%2F4596%2F5050-2010.pdf Australia AS NZS 5050 (2010)]</ref>}}<br /> | ||
===Standard Definition=== | ===Standard Definition=== | ||
Revision as of 12:04, 29 May 2015
Contents
Definitions
European Definitions
Other International Definitions
National Definitions
Australia
Risk evaluation is the process in which judgements are made on the tolerability of the risk on the basis of risk analysis and taking into account factors such as socioeconomic and environmental aspects. [1]
Risk evaluation is the process used to prioritise risks. [1]
Process of comparing the results of risk analysis with [Risk Criteria
Standard Definition
ISO/IEC 27000:2014
Process of comparing the results of risk analysis with risk criteria to determine whether the riskand/or its magnitude is acceptable or tolerable [2](based on the ISO Guide 73:2009[3]).
- Risk criteria are the terms of reference against which the significance of risk is evaluated [3]). They are based on organizational objectives, and external and internal context, and can be derived from standards, laws, policies and other requirements.
- Risk evaluation assists in the decision about risk treatment.
