risk-management

Vocabulary Word

Examples in Different Contexts

In information technology, 'risk management' involves safeguarding IT systems and data from threats by implementing security protocols and disaster recovery plans. An IT manager might explain, 'Our risk management strategy is designed to protect against cyber threats and ensure data integrity.'

Practice Scenarios

Healthcare

Scenario:

Patient safety is our main concern. We have to enforce strict cleanliness procedures to keep the environment safe.

Response:

Absolutely, with our stringent risk-management plan, we aim to maintain the highest standards of sanitation in our facility.

Quality-Assurance

Scenario:

Our ultimate goal is to deliver top quality products. Thus, preventing defects must be a priority.

Response:

I agree, risk-management in quality assurance is all about anticipation and preventive action against any product defects.