ALARP has various meanings in the Business & Finance category. Discover the full forms, definitions, and usage contexts of ALARP in Business & Finance.
The concept that efforts to reduce risk should be continued until the incremental sacrifice (in terms of cost, time, effort, or other expenditure of resources) is grossly disproportionate to the incremental risk reduction achieved. The term as low as reasonably achievable (ALARA) is often used synonymously.
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