3 responses

  1. Steve
    April 29, 2013

    I think that, at times, you have used the term Risk Control incorrectly.

    Risk control is a subset of risk management.

    Risk Management is the entire set of activities that relate to risk, including identifying risks, and their analysis, evaluation and treatment/control. It includes all stages of planning, implementation and review. In a safety context, a commitment to risk management is not necessarily a commitment to making a workplace safe. It is only a commitment to assess hazards, it is not necessarily a commitment to do anything about them.

    Risk Control is only the ‘implementing’ part of Risk Management, the process of eliminating or minimizing risks. It does not take into account additional hazards or risks outside of its original scope. In a safety context, a commitment to risk control is a commitment to actually doing something about hazards.

    Effective risk management and risk control both involve contingency planning.
    -Risk management takes the broader view: If this specific control fails, what other controls can be put in place to control this risk, what other risks may be generated, and how do we address these?
    -Risk control takes a narrower view: If this specific control fails, what other controls can be put in place to control this risk?

    Reply

  2. Claudio
    August 23, 2014

    This article should be called Difference between ***Risk*** Management and ***Risk*** Control.

    Reply

  3. Ramesh C.deka
    March 28, 2016

    Risk management involves competency to assess, evaluate after due consideration of all aspects of known and also unknown risk and also intuitive response for unexpected issues coming up before further proceeding. Intuitive decision making is most essential in Risk management more importantly risk control and alternate pathways to implement work plan and making desired outcomes. There lies the proficiency to convert risk into an opportunity and thus produce not defective product. Manage revenue generation from the product.
    Professor Ramesh C. Deka
    VC , AdtUniv. Guwahati, Assam India

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top
mobile desktop