Risk Engineering

Risk acceptability and tolerability


Overview

The
ISO73 risk evaluation process

Risk acceptance criteria are standards of judging used as a basis for decisions about acceptable risk, during the risk evaluation phase of risk analysis. Indeed, risk evaluation consists of comparing risk analysis results with risk criteria in order to determine whether or not a specified level of risk is acceptable or tolerable.

These slides develop the distinction between acceptability and tolerability of risks, describe the factors that influence acceptability, and outline a number of decision rules used in various industrial sectors to determine which levels of risk are acceptable (absolute targets, ALARP principle, GAME, etc.).

This submodule is a part of the risk management module.

Course material

Risk acceptability and tolerability

Lecture slides (PDF)
View on SlideShare

Other resources

We recommend the following sources of further information on this topic:

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