Acceptable Risk 18
Acceptable Risk 18 : Disaster Management. The level of loss a society or community considers acceptable given existing social, economic, political, cultural, technical and environmental conditions. In engineering terms, acceptable risk is also used to describe structural and non-structural measures undertaken to reduce possible damage at a level, which does not harm people and property, according to codes or "accepted practice" based, among other issues, on a known probability of hazard
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