Memorandum for the Heads of Executive Departments and Agencies: Updated Principles for Risk Analysis [September 19, 2007] [open pdf - 156KB]
"Federal agencies take a variety of actions to improve public health, safety, and the environment. Agency activities designed to reduce risks are influenced by numerous factors, including Congressional priorities, information on the degree of risk faced by different populations, entities, or individuals, resources available, and the ease of implementing chosen priorities. Development of these actions often begins with an assessment of the risks posed under certain conditions, as well as assessments of the potential changes in risk achievable due to different policy options. […] This Memorandum reinforces the 1995 Principles with reference to more recent guidance from the scientific community, the Congress, and the Executive Branch. This Memorandum also benefits from feedback received on OMB's Proposed Risk Assessment Bulletin issued in 2006 (Proposed Risk Assessment Bulletin)."