Risk management option assessment:
Identification of available management options
Selection of preferred management option, including consideration of an appropriate safety standard. "Safety standard" here refers to 'the level of acceptable risk, which is adopted by risk managers or implicit in the chosen risk management option'. Examples include "Zero-risk" standards [such as are usually implicit in de minimis and Acceptable Daily Intake (ADI) levels], "balancing" standards [such as cost-benefit, cost-effectiveness and as low as reasonably achievable (ALARA)], "threshold" standards (where a non-zero level of risk is stipulated as acceptable), or "procedural" standards (where the acceptable risk level is determined by an agreed process, such as a negotiation or referendum), and
Final management decision.