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Table - QualitativeRiskAnalysisPDF

This document presents a qualitative risk analysis matrix that assesses risk levels based on the combination of the consequences of an event and its likelihood of occurring. It assigns risk levels of low, moderate, high, or extreme, with more severe consequences or higher likelihoods resulting in higher risk levels. The matrix provides a framework for prioritizing risks based on these factors to guide what level of management response may be required.

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629 views1 page

Table - QualitativeRiskAnalysisPDF

This document presents a qualitative risk analysis matrix that assesses risk levels based on the combination of the consequences of an event and its likelihood of occurring. It assigns risk levels of low, moderate, high, or extreme, with more severe consequences or higher likelihoods resulting in higher risk levels. The matrix provides a framework for prioritizing risks based on these factors to guide what level of management response may be required.

Uploaded by

azim_niazi
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
  • Qualitative Risk Analysis Matrix: Describes a risk evaluation framework, providing details on likelihoods and potential consequences across different risk levels, with notes on management actions required.

Qualitative Risk Analysis Matrix - Level of Risk *

Consequences Likelihood Insignificant 1 A ( almost certain ) M Minor 2 H Moderate 3 H Major 4 E Catastrophic 5 E

B ( likely )

C ( possible )

D ( unlikely )

E ( rare )

(E) * Level of risk: (H) (M) (L)

Extreme risk - detailed action/plan required High risk - needs senior management attention Moderate risk - specify management responsibility Low risk - manage by routine procedures

Please note that this template may require revision, dependant upon the analysis of your Agencys risk exposures.

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