"This will require they produce valid test data on the bolts and associated equipment to be used in the specified operational and environmental conditions and that this use will produce a tolerable risk of catastrophic failure," he said.
Rather than admit to the hard fact that we must always rely on someone's subjective assessment of tolerable risk, politicians are vilifying those who put together our terrorism watch lists, who are simply following threat protocols.
Before he came up with alternative rationales for the Iraq war, President Bush often said that the Sept. 11, 2001, attacks had changed his view of tolerable risk, and he insisted that the possibility, no matter how slim, that Saddam Hussein would obtain or sell a weapon was unacceptable.
Risk levels are associated with requirements for risk reduction to achieve tolerable risk.
In case it is below 1, a tolerable risk for the initial compartment can be assumed.
Adi Ignatius: The financial crisis has made us rethink what tolerable risk is.
