Definitions[]
General[]
Risk control is
| “ | [a] risk-handling option that monitors a known risk and then takes specific actions to minimize the likelihood of the risk occurring and/or reduce the severity of the consequences.[1] | ” |
| “ | deliberate action taken to reduce the potential for harm or maintain it at an acceptable level.[2] | ” |
Medical device[]
Risk control is
| “ | [t]he process through which decisions are reached and implemented for reducing risks to, or maintaining risks within, specified limits.[3] | ” |
Overview[]
"Risk control is one of a set of four commonly used risk management strategies, along with risk avoidance, risk acceptance, and risk transfer."[4]
References[]
- ↑ Defense Acquisition University, Glossary, at B-159 (13th ed. Nov. 2009) (full-text).
- ↑ DHS Risk Lexicon, at 29.
- ↑ Off-The-Shelf Software Use in Medical Devices, at 4.
- ↑ Id.