Glossary Element  risk management

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English term risk management
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English definition - the implementation of the most appropriate measures to minimize the identified risks and mitigate their effects while achieving the anticipated results. [BSWG/2/5: Report of Panel of Experts on Biosafety] - refers to the ways that appropriate methods are applied in order to minimize risks and should not be determined by and in proportion to the results of the risk/safety analysis. It does not include broader considerations of a political, socio-economic, value and/or ethical nature. [BSWG/2/5: Safety Considerations for Biotechnology Scale-up of Crop Plants OECD 1993] - the measures to ensure that the production and handling of an organism is safe. [BSWG/2/5: UNEP International Technical Guidelines for Safety in Biotechnology]
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