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risk management

Defined in 1 dictionary — U.S. Code

United States Code

49 U.S.C. § 60101 — in this chapter

“risk management” means the systematic application, by the owner or operator of a pipeline facility, of management policies, procedures, finite resources, and practices to the tasks of identifying, analyzing, assessing, reducing, and controlling risk in order to protect employees, the general public, the environment, and pipeline facilities;