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TeachMeFinance.com - explain Performance-based regulation Performance-based regulation The term 'Performance-based regulation' as it applies to the area of nuclear science can be defined as ' A regulatory approach that focuses on desired, measurable outcomes, rather than prescriptive processes, techniques, or procedures. Performance-based regulation leads to defined results without specific direction regarding how those results are to be obtained. At the NRC, performance-based regulatory actions focus on identifying performance measures that ensure an adequate safety margin and offer incentives for licensees to improve safety without formal regulatory intervention by the agency. For additional detail, see Risk Assessment in Regulation. '. Previous 5 Terms: Performance Based Inspection System (PBIS) Performance Improvement Projects Performance indicator Performance Measure Performance Measures Next 5 Terms: Performance-based regulatory action perigean range perigean tidal currents perigean tides Perigee About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.