ABSTRACT

The management of risk is similar to all other attempts to manage processes, systems, and other safety and health issues. As with anything requiring managing, some elements are somewhat universal when devising a management approach. Many of the critical parts (elements) have been discussed in previous chapters of this book. Thus, the requirements for managing risk include many time-tested and successful endeavors. The saying that there is nothing new under the sun is true regarding risk management. The elements of such a program usually require tweaking of the foundational components. The components suggested in these pages can be revised, added to, or removed and still provide a workable effort. The suggestions within these pages are no more than a template for developing, improving, and implementing a risk management program.