risk acceptance
- Guideline or reference source
- ICHQ3D Guideline for elemental impurities
- ICHQ9 Quality Risk Management
- Definition
- The combination of the probability of occurrence of harm and the severity of that harm. It is a decision to accept risk. Risk acceptance can be a formal decision to accept the residual risk or it can be a passive decision in which residual risks are not specified.
- Related Term
- risk control
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