Risk reduction or risk minimization

These terms are essentially synonymous and are used in risk management to describe the application of appropriate techniques to reduce the likelihood of an adverse event, its consequences, or both. A real world example of this type of action is shown in Figure 9.2. In the IVF lab, the management of the cryobank is a good area to see risk minimization strategies: not only should the cryotanks' usage of liquid nitrogen be monitored on a regular basis (e.g. their level at weekly top-up for tanks not fitted with an autofill system) but they must also be connected to low-level alarms in case of tank failure, especially outside normal working hours. Further dimensions of risk minimization in

Durbanville Administration Durbanville Administrasie (cándelo Lolawulo Lwase Durbanville

City of - Isixeko sase - Stad

100 Pregnancy Tips

100 Pregnancy Tips

Prior to planning pregnancy, you should learn more about the things involved in getting pregnant. It involves carrying a baby inside you for nine months, caring for a child for a number of years, and many more. Consider these things, so that you can properly assess if you are ready for pregnancy. Get all these very important tips about pregnancy that you need to know.

Get My Free Ebook

Post a comment