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general_term:risk

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Risk

Definition

Riks is the effect of uncertainty on objectives.

Notes

  • An effect is a deviation from the expected. It can be positive, negative or both, and can address, create or result in opportunities and threats.
  • Risk is usually expressed in terms of
    • Risk sources
    • Potential events
    • Their consequences
    • Their likelihood

References

ISO 31000 (2008). Risk management - Principles and guidelines.

general_term/risk.1677952861.txt.gz · Last modified: 2024/03/08 13:33 (external edit)