Risk management

  • Monitoring & Evaluation
  • Demand-side
  • Supply-side

Definition

The process, distinct from risk assessment, of weighing policy alternatives in consultation with interested parties, considering risk assessment and other legitimate factors, and, if need be, selecting appropriate prevention and control options.

https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:02002R0178-20210526&from=DE

References

The Regulation (EC) No 178/2002 of the European Parliament and of the Council