Acceptable Risk 20
Acceptable Risk 20 : Disaster Management. The level of potential losses that a society or community considers acceptable given existing social, economic, political, cultural, technical and environmental conditions.?Comment: In engineering terms, acceptable risk is also used to assess and define the structural and non-structural measures that are needed in order to reduce possible harm to people, property, services and systems to a chosen tolerated level, according to codes or "accepted practice" which are based on known probabilities of hazards and other factors. 30 Aug 2007
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