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However, efficient risk management can only take place on the condition that the risks are defined.
Achieving "excellence in management practices," "modernizing IT," and striving for "efficient risk management" became the new imperatives at the FDA.
The information provided by using the proposed method is expected to facilitate more efficient risk management and mitigation decision-making.
The prospect is for more efficient risk management by acting both on systems and influencing factors.
Hence, it is imperative to develop an efficient risk management tool which could support contractors' risk analysis and control in the design and construction phase.
The overall study results indicate that the risk-based plan of work would provide a more effective and efficient risk management tool to help improve the oversight of the feed industry and the compliance to feed safety standards.
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OOG's implementation of the CME methodology has resulted in significantly improved PHA∗ accuracy and consistency and, ultimately, a more efficient and effective risk management program.
The information obtained could, for instance, be used in designing cost-efficient risk management measures.
Effective risk management and efficient use of resources require context.
Assessing vulnerability has been identified as a key component in developing more effective and efficient flood risk management (Guillier 2016a).
On the contrary, larger banks have more efficient credit risk management compared with their smaller counterparts (Louzis et al. 2010; Salas and Saurina 2002).
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CEO of Professional Science Editing for Scientists @ prosciediting.com