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  • Risk Matrix

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    This risk matrix evaluates risks based on the likelihood of their occurrence and the consequence of their impact. It assigns risk levels from low to extreme based on where a risk falls in the matrix, with higher likelihood or consequence resulting in a higher risk level. Risks that are almost certain to occur with catastrophic consequences or are likely to occur with major consequences are deemed extreme risks.

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    This risk matrix evaluates risks based on the likelihood of their occurrence and the consequence of their impact. It assigns risk levels from low to extreme based on where a risk falls in the matrix, with higher likelihood or consequence resulting in a higher risk level. Risks that are almost certain to occur with catastrophic consequences or are likely to occur with major consequences are deemed extreme risks.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    68 views1 page

    Risk Matrix

    Uploaded by

    api-351881329
    This risk matrix evaluates risks based on the likelihood of their occurrence and the consequence of their impact. It assigns risk levels from low to extreme based on where a risk falls in the matrix, with higher likelihood or consequence resulting in a higher risk level. Risks that are almost certain to occur with catastrophic consequences or are likely to occur with major consequences are deemed extreme risks.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Risk Matrix

    Consequence
    Insignificant Minor Moderate Major Catastrophic
    certainAlmost

    Moderate High High Extreme Extreme


    Likely

    Moderate Moderate High Extreme Extreme


    Likelihood

    Possible

    Low Moderate High High Extreme


    Unlikely

    Low Low Moderate High High


    Rare

    Low Low Low Moderate High

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