Skip to main content

Residual Risk

Go Search
Home
About
New Atlas
Atlas, A-Z
Atlas Maps
MPP/MPA Programs
Subjects
Core Topics
Illustrative Courses
Topic Encyclopedia
Concept Dictionary
Competencies
Career Tips
IGOs
Best Practices Project


 
PPGPortal > Home > Concept Dictionary > R > Residual Risk
 

Residual Risk 

The exposure arising from a specific risk after action has been taken to manage, or mitigate it and making the assumption that the action is effective.

(HM Treasury. "The Orange Book: Management of Risk - Principles and Concepts." 2004, p. 49. )

     

Important Notices
© University of Toronto 2008
School of Public Policy and Governance