A risk management technique that seeks to eliminate any possibility of risk through hazard prevention, or the discontinuation of activities determined to entail any level of risk. Often used in extreme situations where the risk exposure creates an extraordinary liability potential.
Related information about risk avoidance:
- What is risk avoidance? - BusinessDictionary.com
Definition of risk avoidance: Technique of risk management that involves (1) taking steps to remove a hazard, (2) engage in alternative activity, or (3) otherwise ...
- Risk management - Wikipedia, the free encyclopedia
3 Composite Risk Index; 4 Risk Options. 4.1 Potential risk treatments. 4.1.1 Risk avoidance; 4.1.2 Hazard prevention; 4.1.3 Risk reduction; 4.1.4 Risk sharing ...
- What is risk avoidance? definition and meaning - InvestorWords.com
Definition of risk avoidance: A risk management technique that seeks to eliminate any possibility of risk through hazard prevention, or the discontinuation of ...
- Project Management Knowledge Risk Avoidance » Project ...
Over the course of a given project, there will be a number of times over the course of the project's respective life cycle that the project management team and or ...
- The ironies of risk avoidance | Scholarly Communications @ Duke
Oct 21, 2011 ... Which brings me to another irony, a small but recent example of exactly the risk avoidance (as opposed to risk management) that I am ...
- Risk Avoidance for Peace of Mind
Risk Avoidance for Peace of Mind. Risk Avoidance DataCore lets you mitigate and avoid risks with practical and architecturally sound techniques unavailable ...
- risk avoidance Definition | Business Dictionaries from AllBusiness.com
management methods utilized to avoid as much situational risk as possible. While the elimination of all risk is rarely possible, in many situations it is prudent to ...
- Creating a Culture of Risk Avoidance - Businessweek
Mar 6, 2009 ... In the event of a product safety problem, product makers should be prepared to defend themselves. Raising awareness among employees is ...