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TeachMeFinance.com - explain Risk-based decisionmaking Risk-based decisionmaking The term 'Risk-based decisionmaking' as it applies to the area of nuclear science can be defined as ' An approach to regulatory decisionmaking that considers only the results of a probabilistic risk assessment. For additional detail, see Risk Assessment in Regulation and the Fact Sheet on Nuclear Reactor Risk. '. Previous 5 Terms: Risk assessment Risk communication Risk management Risk Management Agency Risk reduction Next 5 Terms: Risk-Based Health Maintenance Organization-Competitive Medical Plan Risk-benefit analysis risk-benefit ratio Risk-informed decisionmaking Risk-informed regulation About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.