Data Management
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general_term:risk
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Risk
Definition
Riks is the effect of uncertainty on objectives.
Notes
- Risk is usually expressed in terms of
- Risk sources
- Potential events
- Their consequences
- Their likelihood
Example
Objective is that 95% of the telephone numbers in de customer file are valid. However, the front-end application doesn't check the format of the telephone number. Therefore, it is uncertain if the customer alway properly complete their telephone number. The effect of this uncertainty could be, that the objective will not be met.
Reference
ISO 31000 (2008). Risk management - Principles and guidelines.
general_term/risk.1677953822.txt.gz · Last modified: 2024/03/08 13:33 (external edit)