operational risk management
continual cyclic process which includes risk assessment, risk decision making, and implementation of risk controls, which results in acceptance, mitigation, or avoidance of risk
defensive design
practice of planning for contingencies in the design stage of a project or undertaking, by anticipating all possible ways that things may go wrong and minimizing the negative consequences
emergency management
discipline of dealing with and avoiding both natural and man-made disasters, with the goal of reducing the harmful effects
incident management
activities of an organization to identify, analyze, and correct hazards to prevent a future re-occurrence
threat and error management
aviation safety management approach that assumes that pilots will naturally make mistakes and encounter risky situations during flight operations
project risk management
activities to minimize project risks and ensure a project completes on time and on budget, while meeting its objectives
Supplier Risk Management
an evolving discipline in operations management for manufacturers, retailers, financial services companies and government agencies where the organization is highly dependent on suppliers to achieve business objectives
Supply chain risk management
implementation of strategies to manage both everyday and exceptional risks along the supply chain based on continuous risk assessment with the objective of reducing vulnerability and ensuring continuity