• FRAs
  • FRAs consist of a detailed analysis of available data to inform the Environment Agency of flood risk at an individual site and also recommend to the developer any mitigation measures. (wikipedia.org)
  • assess
  • The Facility Risk Assessment is used to clearly assess all the factors which affect the security, reliability and energy efficiency of your IT operations, and to make qualified recommendations for optimization measures which will increase the security and efficiency of your data center. (fujitsu.com)
  • A team from the University of Leicester, led by Professor Melanie Davies from the Department of Cardiovascular Sciences and Professor Kamlesh Khunti from the Department of Health Sciences, has developed an easy way for people to assess their risk of having diabetes. (redorbit.com)
  • are not the failure of internal controls, examination of financials, or Sarbanes-Oxley, but they are the result of a more fundamental flaw in governance: Failure to assess, and advise the board of an understandable assessment of, risks to the enterprise of these organizations. (lexology.com)
  • Two such persons in most organizations would be the chief legal officer who is trained to assess and report risks and the chief financial officer who often must quantify risks. (lexology.com)
  • Some organisations use the risk outputs to assess the implied cost to avert a fatality (ICAF) which can be used to set quantified criteria for what is an unacceptable risk and what is tolerable. (wikipedia.org)
  • It serves to require the auditor to understand the client's accounting system and internal control system and to assess control risk and inherent risk. (wikipedia.org)
  • It aims to assess, in a continuous and prospective way, the overall solvency needs related to the specific risk profile of the insurance company. (wikipedia.org)
  • assumptions
  • Risk assessment consists of an objective evaluation of risk in which assumptions and uncertainties are clearly considered and presented. (wikipedia.org)
  • The spectrum of risks across classes of events are also of concern, and are usually controlled in licensing processes - it would be of concern if rare but high consequence events were found to dominate the overall risk, particularly as these risk assessments are very sensitive to assumptions (how rare is a high consequence event? (wikipedia.org)
  • Though they have limitations, the 2D hazard zone and simplified approach to 3D dispersion modelling allow the handling of large volumes of risk results with known assumptions to assist in decision-making. (wikipedia.org)
  • c) the significance with which the risk profile of the undertaking concerned deviates from the assumptions underlying the Solvency Capital Requirement. (wikipedia.org)
  • England and W
  • They can part of a due-diligence process for existing householders or businesses, or can be required in England and Wales to provide independent evidence to a planning application on the flood risk. (wikipedia.org)
  • In England and Wales, the Environment Agency requires a professional Flood Risk Assessment (FRA) to be submitted alongside planning applications in areas that are known to be at risk of flooding (within flood zones 2 or 3) and/ or are greater than 1ha in area, planning permission is not usually granted until the FRA has been accepted by the Environment Agency. (wikipedia.org)
  • hazards
  • Because there are so many potential hazards affecting the safe operation of motor vehicles, risk analysis tend to focus mainly on risk estimation, i.e. quantifying and comparing collision-involvement rates for different combinations of drivers, vehicles and environments. (hofstra.edu)
  • Be aware of anything that is likely to be of risk to your group, such as: areas which are roped off, or tripping or slipping hazards. (yorkminster.org)
  • estimation
  • Risk characterization includes two major components: risk estimation and risk description. (epa.gov)
  • Even though for some risks R i , R j {\displaystyle R_{i},R_{j}} , we might have R i = R j {\displaystyle R_{i}=R_{j}} , if the probability p ( L j ) {\displaystyle p(L_{j})} is small compared to p ( L i ) {\displaystyle p(L_{i})} , its estimation might be based only on a smaller number of prior events, and hence, more uncertain. (wikipedia.org)
  • involves
  • The process involves measuring known microbial pathogens or indicators and running a Monte Carlo simulation to estimate the risk of transfer. (wikipedia.org)
  • TDRA is a hierarchical framework that involves applying specific risk factors to determine the scope and evidence required in the assessment of internal control. (wikipedia.org)
  • This involves the following steps: Under the PCAOB AS 5 guidance, the auditor is required to determine whether an account is "significant" or not (i.e., yes or no), based on a series of risk factors related to the likelihood of financial statement error and magnitude (dollar value) of the account. (wikipedia.org)
  • remit
  • The BfR has the statutory remit of communicating risks and informing the public about possible health risks and the research findings on which they are based in the fields of food safety, chemicals safety and product safety. (wikipedia.org)
  • ILGRA meetings and resultant reports tend to focus predominantly on health, safety and environmental risks, although its remit is not confined to this areas exclusively. (wikipedia.org)
  • probabilistic
  • Probabilistic Risk Assessment usually answers three basic questions: What can go wrong with the studied technological entity or stressor, or what are the initiators or initiating events (undesirable starting events) that lead to adverse consequence(s)? (wikipedia.org)
  • impacts
  • These questions may be about potential risks such as impacts on the aesthetic value of a place due to physical alterations, effects of pollution on endangered species, or the consequences of long-term release of contaminants to an ecosystem. (epa.gov)
  • PPS 25 was designed to "strengthen and clarify the key role of the planning system in managing flood risk and contributing to adapting to the impacts of climate change. (wikipedia.org)
  • Impacts in terms of risk and solvency should supply into upstream strategic decisions. (wikipedia.org)
  • estimate
  • If the risk estimate takes into account information on the number of individuals exposed, it is termed a "population risk" and is in units of expected increased cases per a time period. (wikipedia.org)
  • If the risk estimate does not take into account the number of individuals exposed, it is termed an "individual risk" and is in units of incidence rate per a time period. (wikipedia.org)
  • Molecular risk assessment is a procedure in which biomarkers (for example, biological molecules or changes in tumor cell DNA) are used to estimate a person's risk for developing cancer. (wikipedia.org)
  • QMRA has expanded to be used to estimate microbial risk in many fields, but is particularly important in assessments of food water supply and human faeces/wastewater safety. (wikipedia.org)
  • stressors
  • A key part of EPA's mission is understanding the potential effects of stressors such as those described above and managing risks from them in order to protect the health of the natural environment, and the natural resources that people rely on. (epa.gov)
  • assessors
  • Empower the identified risk assessors with direct access to, and with the responsibility to be available upon call of, the board and its committees. (lexology.com)
  • This access and availability should include periodic meetings of each of these identified risk assessors separately with the board in executive session. (lexology.com)
  • Tools that are currently employed in risk assessment are often sufficient, but model complexity and limitations of computational power can tether risk assessors to involve more causal connections and account for more Black Swan event outcomes. (wikipedia.org)
  • It is therefore very important for risk assessors to minimize confirmation bias by carrying out their analysis and publishing their results with minimal involvement of external factors such as politics, media, and advocates. (wikipedia.org)
  • In reality, however, it is nearly impossible to break the iron triangle among politicians, scientists (in this case, risk assessors), and advocates and media. (wikipedia.org)
  • Risk assessors need to be sensitive to the difference between risk studies and risk perceptions. (wikipedia.org)
  • material misstatement
  • The key SEC principle related to establishing the scope of controls for testing may be stated as follows: "Focus on controls that adequately address the risk of material misstatement. (wikipedia.org)
  • Health
  • The development of the field of risk assessment was fostered by a series of unrelated but significant health studies and was based very much on the dual development of probability theory and scientific method. (hofstra.edu)
  • Interactive tool for measuring the risk of invasive breast cancer for the use of health professionals. (merlot.org)
  • When risk assessment is used for public health or environmental decisions, loss can be quantified in a common metric such as a country's currency or some numerical measure of a location's quality of life. (wikipedia.org)
  • Dose dependent risk tends to be classified as health risk and dose independent risk as safety risk. (wikipedia.org)
  • A health risk assessment (also referred to as a health risk appraisal and health & well-being assessment) is one of the most widely used screening tools in the field of health promotion and is often the first step in multi-component health promotion programs. (wikipedia.org)
  • A health risk assessment (HRA) is a health questionnaire, used to provide individuals with an evaluation of their health risks and quality of life. (wikipedia.org)
  • Medicaid assessments ask questions about health-care access, availability of food, and living conditions. (wikipedia.org)
  • This culminated in the publication of How to Practice Prospective Medicine in 1970 - a guide for practising physicians, which outlined the health risk assessment questionnaire, risk computations and patient feedback strategies. (wikipedia.org)
  • This proliferation coincided with the rapid growth in interest in corporate health promotion programs as awareness developed on health risks and for-profit vendors monetized the programs. (wikipedia.org)
  • The World Health Organisation's 2006 Guidelines for the Safe Use of Wastewater, Excreta and Greywater in Agriculture suggest that QMRA should be used to determine possible risk levels which can be achieved by sanitation systems. (wikipedia.org)
  • Wastewater Irrigation and Health: Assessing and Mitigating Risk in Low-income Countries. (wikipedia.org)
  • Consumer health protection comprises the research, assessment and communication of risks. (wikipedia.org)
  • Furthermore, SPS measures must be based on appropriate assessments of the risks to human, animal or plant life or health. (wikipedia.org)
  • The risk to be assessed under article 5.1 must be a specific risk that has "the actual potential for adverse effects on human health in the real world where people live and work and die. (wikipedia.org)
  • Assessing
  • In investing you should be assessing risk as the deviation from an expected return. (wizzley.com)
  • Risk assessment is all about assessing what might happen to you, as well as to the investments themselves. (wizzley.com)
  • To counter this, boards should consider three key steps in assessing corporate risk. (mit.edu)
  • DREAD is part of a system for risk-assessing computer security threats previously used at Microsoft and currently used by OpenStack and many other corporations[citation needed]. (wikipedia.org)
  • analysis
  • This course will provide risk analysis and quantification for design and engineering. (unf.edu)
  • The Risk Premium Project (RPP) represents an extensive, thorough and up-to-date analysis of the theory and empirics of risk assessment for property-casualty insurance. (casact.org)
  • More costly analysis of flood risk can be achieved through detailed flood modelling to challenge the agency's modelled levels and corresponding flood zones. (wikipedia.org)
  • It is especially useful for site risk analysis when reliance on quantity distance (QD) tables is not feasible. (wikipedia.org)
  • Employing networks in the risk analysis process can visualize causal relationships and identify heavily-weighted or important contributors to the probability of the critical event. (wikipedia.org)
  • In general, risk assessment can be divided into these steps: Plan and prepare the risk analysis. (wikipedia.org)
  • Because these is always varies degrees of uncertainty involved in any risk analysis process, sensitivity and uncertainty analysis are usually carried out to mitigate the level of uncertainty and therefore improve the overall risk assessment result. (wikipedia.org)
  • At the heart of the prudential Solvency II directive, the own risk and solvency assessment (ORSA) is defined as a set of processes constituting a tool for decision-making and strategic analysis. (wikipedia.org)
  • strategic
  • At the strategic level policies are made specifying acceptable levels of risk, procedures to be followed within the organisation, priorities and allocation of resources. (wikipedia.org)
  • public
  • APHIS shares draft pest risk assessments with the public to determine whether stakeholders have information that might lead us to revise the draft assessment before we identify pest mitigations and proceed with official rulemaking. (usda.gov)
  • The Federal Institute for Risk Assessment (German: Bundesinstitut für Risikobewertung), abbreviated BfR, is a body under public law of the German federal government with full legal capacity. (wikipedia.org)
  • In financial auditing of public companies in the United States, SOX 404 top-down risk assessment (TDRA) is a financial risk assessment performed to comply with Section 404 of the Sarbanes-Oxley Act of 2002 (SOX 404). (wikipedia.org)
  • Audit
  • The digital repository audit method based on risk assessment (DRAMBORA) is a methodology and associated software-based toolkit developed by Digital Curation Centre (DCC) and DigitalPreservationEurope (DPE) to support the assessment of digital preservation repositories. (wikipedia.org)
  • The objective is to determine the nature, timing and extent of substantive procedures in order to reduce audit risk to an acceptable low level. (wikipedia.org)
  • Methods
  • HRA deals with methods for modeling human error while CCF deals with methods for evaluating the effect of inter-system and intra-system dependencies which tend to cause simultaneous failures and thus significant increase in overall risk. (wikipedia.org)
  • The interdisciplinary Risk Communication department conducts research projects on risk perception, early risk detection and risk impact assessment relating to new methods such as nanotechnology, changes in the nutritional behaviour of consumers following risk communication, or the prioritisation of risks by different social interest groups. (wikipedia.org)
  • magnitude
  • In a PRA, risk is characterized by two quantities: the magnitude (severity) of the possible adverse consequence(s), and the likelihood (probability) of occurrence of each consequence. (wikipedia.org)
  • process
  • and sets out policies for local authorities to ensure flood risk is taken into account during the planning process to prevent inappropriate development in high risk areas and to direct development away from areas at highest risk. (wikipedia.org)
  • This has led to the development of a risk process that draws on the experience of organisations and their employees to produce risk assessments that produce potential loss of life (PLL) outputs without fault and event tree modelling. (wikipedia.org)
  • A key requirement has been to establish a toolkit that contributes towards a single process for repository assessment. (wikipedia.org)
  • The internal assessment process of risks and solvency, known as the ORSA, is the centerpiece of this plan. (wikipedia.org)
  • outcomes
  • It analyzed recidivism risk scores calculated by one of the most commonly used tools, the Northpointe COMPAS system, and looked at outcomes over two years, and found that only 61% of those deemed high risk actually committed additional crimes during that period and that African-American defendants were far more likely to be given high scores that white defendants. (wikipedia.org)
  • Centered within this series of activities were the engagement of stakeholders, people who had some kind of an interest in the outcomes of the risk assessment and the measures put into place to manage the risk at an acceptable level. (wikipedia.org)
  • vulnerability
  • An acceptable risk is a risk that is understood and tolerated usually because the cost or difficulty of implementing an effective countermeasure for the associated vulnerability exceeds the expectation of loss. (wikipedia.org)
  • safety
  • Transportation safety is a term that is intended to convey something about the avoidance of risk from bodily harm and property damage associated with the operation of transport systems. (hofstra.edu)
  • However, there is a paradox in the conventional usage of the term in that most safety statements instead discuss the amount of risk present. (hofstra.edu)
  • Indeed, safety typically refers to the characteristic or long-term average risk of an entity. (hofstra.edu)
  • This section provides tools and protocols for triage of patients to quickly identify individuals who require a more detailed risk assessment, while ensuring the safety of the care team. (emoryhealthcare.org)
  • In the engineering of complex systems, sophisticated risk assessments are often made within safety engineering and reliability engineering when it concerns threats to life, environment or machine functioning. (wikipedia.org)
  • probability
  • Risk with a large potential loss and a low probability of occurrence is often treated differently from one with a low potential loss and a high likelihood of occurrence. (wikipedia.org)
  • level
  • Risk description" provides information important for interpreting the risk results and identifies a level for harmful effects on the plants and animals of concern. (epa.gov)
  • As soon as the level of risk moves beyond that with which you are comfortable, you should divest your interests in that investment. (wizzley.com)
  • There is always another investment with an acceptable level of risk waiting for you. (wizzley.com)
  • But how do you decide what level of risk you are prepared to accept? (wizzley.com)
  • Acceptable level of risk? (wizzley.com)
  • isolation
  • Rapid identification of individuals with possible risk of EVD followed by donning of personal protective equipment and isolation of patients for detailed risk assessment are important elements of a system to proactively manage patients at the point of first interaction. (emoryhealthcare.org)
  • food
  • Also, medical, hospital, social service and food industries control risks and perform risk assessments on a continual basis. (wikipedia.org)
  • The work of the BfR is based on a number of national legal regulations - including the founding law of the Federal Institute for Risk Assessment, the Food and Feed Code (LFGB), Protection Against Infection Act (IfSG), Plant Protection Act, Chemicals Act, Washing and Cleaning Agents Act), and Genetic Engineering Act. (wikipedia.org)
  • evaluation
  • However, it is a complex evaluation and such assessments they can be rejected by Authorities as inadequate, or could be considered as negligent in the event of a flooding event, damage and a claim to insurers being made. (wikipedia.org)
  • terms
  • Information is gathered to help determine what, in terms of plants and animals, is at risk and what needs to be protected. (epa.gov)
  • diabetes
  • Would you like to know more about your risk factors for developing diabetes? (edu.au)
  • Working in partnership with Diabetes UK, the largest diabetes charity in the country, and University Hospitals of Leicester NHS Trust, they have produced the first diabetes risk assessment that can be used in a multi-ethnic population. (redorbit.com)
  • The Diabetes Risk Score uses 7 questions to identify how high a risk someone is of getting diabetes. (redorbit.com)
  • Answering these does not tell someone whether they have diabetes, just what their risk of having it is. (redorbit.com)
  • I, and my team, are proud that the Diabetes Risk Score will enable people to quickly and easily find out what their chance of having diabetes is and take action accordingly. (redorbit.com)
  • The use of the Diabetes Risk Score will be particularly useful to that community. (redorbit.com)
  • The Diabetes Risk Score is already being used in a number of other studies to identify people at high risk of diabetes and encourage them to see their doctor. (redorbit.com)
  • Are you at risk for Adult-Onset Diabetes? (medindia.net)
  • Check to find out if you are at risk for developing diabetes by using this calculator. (medindia.net)
  • important
  • This means that it is not subject to any technical supervision by law with respect to its scientific risk assessments and thus has an important scientific reference and orientation function for consumers, politics (federal and state), the economy, the media, associations and science in the case of unresolved scientific questions and during crises. (wikipedia.org)
  • Given the variety of diseases prevalent in swine production, both in the United States and abroad, it is important to understand the risks associated with organic swine production. (wikipedia.org)
  • areas
  • Based on the 2007 guidance, SEC and PCAOB directed a significant reduction in costs associated with SOX 404 compliance, by focusing efforts on higher-risk areas and reducing efforts in lower-risk areas. (wikipedia.org)
  • high
  • This does not mean high risk investment, just more risky than those that you start with. (wizzley.com)
  • New under the SEC guidance is the concept of also rating each significant account for "misstatement risk" (low, medium, or high), based on similar factors used to determine significance. (wikipedia.org)