risk management

the process or procedures involved in assessing, and minimising or eliminating, the dangers - to assets, persons, and property - inherent in any aspect of an organization's operation or proposed operations. It is most commonly referred to in education in relation to school trips, particularly of the outdoor adventure type, where there may be a risk of injury or even death to participants. The increased fear of litigation resulting from such cases has led to some professionals becoming reluctant to become involved in these activities.