Risk management is the systematic process of identifying, assessing, prioritizing, and controlling hazards that threaten the safety, continuity, and objectives of an organization or system. It proceeds through hazard identification, estimation of likelihood and consequence, evaluation against tolerability thresholds…
Risk management is the systematic process of identifying, assessing, prioritizing, and controlling hazards that threaten the safety, continuity, and objectives of an organization or system. It proceeds through hazard identification, estimation of likelihood and consequence, evaluation against tolerability thresholds, and the design of mitigation, transfer, avoidance, or acceptance strategies, followed by monitoring and review. In healthcare and clinical settings, risk management focuses on patient safety, encompassing the analysis of medication administration errors during hospital drug therapy, safeguards within general practice, and the reduction of adverse events through structured protocols and reporting. At the organizational level it underpins resilience, enabling institutions to anticipate and absorb shocks; the COVID-19 pandemic illustrated how operational, technological, and sustainability pressures, including supply-chain dependency and monopoly concentration, can amplify systemic vulnerability. Environmental and public-health risk management addresses determinants of harm arising from climate change, extreme hydrological events, land degradation, and food-security threats, linking ecological exposure to human health outcomes. Effective practice integrates quantitative and qualitative assessment, governance structures, contingency planning, and continuous improvement, treating risk not as a single event but as an evolving profile shaped by interacting clinical, organizational, environmental, and economic factors. The objective is to reduce the probability and impact of foreseeable losses while preserving capacity to respond to the unforeseen.
7 peer-reviewed articles, ranked by relevance. Each links to its DOI.
The 7 articles above have been cited 32 times in the scholarly literature. Citation data via OpenAlex and Crossref, updated Jun 2026.
A sample of recent works citing this journal's research on Risk Management, linking to each citing work.