It's where you actually stop and consider logically all of the most probable outcomes at each of at least 3 points of possibility; typically:
1. What is the best possible outcome?
2. What is the worst possible outcome?
3. What is the "most likely" or "middle ground / average" outcome
Based on known variables and statistics you determine at least those 3 ranges of possibility.
This can than be summed up and used to create a plan of action, typically along the lines of:
Hope for the best, prepare for the worst and be willing to accept the reality of it being somewhere in between.
No, the compound noun 'risk assessment' is a common noun; a general word for the process of identifying potential hazards an organization may face and analyzing methods of response if exposure occurs; a word for any risk assessment of any kind.A proper noun is the name or title of a specific person, place, or thing; for example, "A Community Guide to Superfund Risk Assessment" published by the US Environmental Protection Agency.
Celiac disease: risk assessment, diagnosis, and monitoring.
explain the difference between formal and informal risk assessments
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Damage assessment
who performs the risk assessment
Risk assessment is a step in a risk management process. Risk assessment is the determination of quantitative or qualitative value of risk related to a concrete situation and a recognized threat.
How to do laboratory risk assessment in biosafety level
You can revise a risk assessment in light of what you learned from an accident or incident, but you must not change an existing risk assessment.
Risk Assessment - Torchwood - was created in 2009.
The risk assessment model provides a process structure to guide you in assessing risk.
risk assessment
Risk assessment is a step in a risk management process. Risk assessment is the determination of quantitative or qualitative value of risk related to a concrete situation and a recognized threat.
Probability and severity determine the risk level in the Risk Assessment Matrix.
The benefits of workplace design and risk assessment
Probability and severity determine the risk level in the Risk Assessment Matrix.