Risk is sometimes taken as synonymous with

hazard but risk has the additional implication of the

statistical chance of a particular hazard actually
occurring. Risk is the actual exposure of
something of human value to a hazard and is often
measured as the product of probability and loss. risk (likely consequence) the
probability of a
hazard occurring and creating loss.

/he pro)a)ility of h
armful conse6ue
nces, or e4pecte
d losses (deaths,
injuries,property,
livelihoods, econ
omic activity disr

upted or environ
ment damaged&
resulting from int
eractions )et'een
natural or huma
n8induced ha0ar
ds andvulnera)le
conditions.

(UNISDR, !!"#$
%&pro)a)ility of
an event
multiplied )y the
conse6uences if
it occurs.
(9instein, $
+33dalam Sassa,

!!+# %-&the
e4pected losses
due to a
particular ha0ard
for given area
and reference
period.:ased on t
he mathematica

l calculations, ri
s1 is the produc
t of ha0ard andv
ulnera)ility.
(Do'ning, #&