Article | REF: AG4605 V1

General approach to risk management in the process industries

Author: Yvan VÉROT

Publication date: July 10, 2001

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1. Elements of risk management

1.1 General principles and definitions

For a company engaged in industrial activities, ensuring that the risks associated with its activities are kept under control means, first and foremost, that the corresponding concerns are among its objectives and are declared as such.

Generally speaking, this means that first and foremost, the company must equip itself in this area:

  • first, a policy defining the corresponding values and objectives;

  • organization and resources;

  • a set of methods and procedures.

Moreover, to claim to have mastery of a system presupposes that you have the necessary knowledge to understand it properly,...

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Elements of risk management