ABSTRACT

Risk control is a component of risk management, as illustrated in Figure 2.3 and discussed in Section 2.4. Using risk control, operators, managers, and owners can make effective safety decisions and regulatory changes and choose different system configurations based on the data generated in the risk assessment stage. Risk control involves using information from the previously described risk assessment stage to make rational decisions related to system risks. Risk control includes failure prevention, threat reduction, vulnerability reduction, failure probability reduction, and consequence mitigation.