Risk

Description

A Risk is a category of Impact Value that indicates the impact and probability of loss. Some Risks are expressible as formulas, for example:

• Probability of loss (for example, 5% probability)
• Potential loss (for example, $500,000 loss)
• Unit-of-measure (for example, loss in USD)

Notation

Related elements

• Assessment Concepts
• Assessment Concept Relationships

Related diagram

• Business Motivation Diagram