Examples of 'residual risk' in a sentence
Meaning of "residual risk"
This term refers to the remaining or lingering risk or danger associated with a particular situation or action, even after precautions have been taken or mitigating measures have been implemented. It indicates that there is still some level of potential harm or negative outcome present
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- The risk left over after safeguards (mitigation strategies) have been implemented.
How to use "residual risk" in a sentence
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residual risk
Residual risk and capacity gap assessment.
Calculate the residual risk on the project.
The risk that is left is residual risk.
The residual risk is described as follows.
They therefore bear the residual risk.
Residual risk description of hazardous situation.
Now there is always an element of residual risk.
Residual risk may be covered by appropriate insurance policies.
Evaluation of overall residual risk acceptability.
Residual risk rating as rated by the steering committee.
Risk reduction and residual risk can be estimated.
I have also been briefed as to any potential residual risk.
The residual risk should be controlled.
Inherent risk versus residual risk.
The residual risk will be exposed.
See also
Relative risk and residual risk.
The residual risk value is not taken into account.
Risks are measured by both inherent and residual risk.
An assessment of residual risk is performed.
Such measures help to decrease the residual risk.
Overall residual risk acceptability.
Impossible to completely eliminate certain residual risk factors.
A residual risk from exchange rate fluctuations will always remain.
Removing the definition of residual risk.
It focuses on residual risk taking account of the mecanisms already in place.
There will always be residual risk.
Liability for residual risk must be determined for the future.
We will always need to accept some residual risk.
See also residual risk.
Definition of mitigation actions and calculation of residual risk.
Eliminating the residual risk that can affect the business.
Changes will be made as appropriate based on an analysis of residual risk.
We generally bear the residual risk on the value of our vehicles.
A risk after the consideration of controls is defined as a residual risk.
The residual risk that would exist following their implementation.
There was therefore no residual risk.
Residual risk management strategies were identified for key risk events.
Quantification of residual risk.
There is a residual risk even when the hair drier is switched off.
The purpose of the workshop is to determine significant residual risk.
Assume no residual risk.
Special attention is given to them due to their higher residual risk.
Identified and communicated the residual risk and a tolerance level for risk.
The layers of safety combine to produce a low level of residual risk.
Residual risk such as defects not fixed or lack of test coverage in certain areas.
What remains is residual risk.
Organizational acceptance or deference based on an understanding of the potential consequence of residual risk.
There is always residual risk.
This residual risk is handled through the calculation of a very low sensitivity limit.
Personalised services in terms of budget and residual risk to be sustained.
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