What process refers to preventing or mitigating exposure to adverse circumstances?

The process that refers to preventing or mitigating exposure to adverse circumstances is risk management. This term encompasses a systematic approach to identifying, assessing, and prioritizing risks, as well as implementing strategies to minimize, monitor, and control the probability or impact of unfortunate events. In the context of telecommunication, effective risk management ensures that any potential risks to not only the operations but also the safety of the personnel and the public are properly addressed.

Risk assessment is an important part of this overall process; it involves identifying and analyzing potential events that could negatively affect objectives. However, it does not encompass the management and mitigative measures that are crucial in addressing those risks.

Liability management is more concerned with legal responsibilities and potential lawsuits rather than the proactive measures taken to mitigate risks. Safety protocols, while important for ensuring safe practices, do not address the comprehensive strategy involved in managing risks as a whole. Thus, risk management is the correct term that integrates various approaches aimed at reducing exposure to adverse circumstances.