Article: Risk Assessment, Risk Management

RISK ASSESSMENT, RISK MANAGEMENT

During the last two decades of the twentieth century, risk science evolved into an important academic and applied discipline. The U.S. National Research Council issued a pioneering report in 1983, titled Risk Assessment in the Federal Government: Managing the Process . This report represented the first formalized effort to describe the health-risk assessment and management process in a structured way. It consolidated earlier efforts at developing a comprehensive framework, and it has been widely endorsed throughout the world.

The framework consists of three components: research, risk assessment, and risk management. Research refers to the collection, ...

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