Magnitude :D
Risk is defined as the likelihood of a negative event occurring and the potential impact it may have. Factors considered in determining the level of risk in a given situation include the probability of the event happening, the severity of its consequences, and the ability to mitigate or manage the risk.
Cost, schedule, and performance
There are two factors that need to be taken into account when it comes to risk assessment. First of all, there is the magnitude of the potential loss. Secondly, there is the probability that the loss will occur.
The main factor determining earthquake risk in a location is its proximity to tectonic plate boundaries. Areas near convergent plate boundaries, transform plate boundaries, or along faults are at a higher risk of experiencing earthquakes due to tectonic activity.
The movement of seismic waves along faults and friction.
It is the risk.
It is the risk.
Assessment is the intersection of the assessed probability and severity of the hazard called in the Composite Risk Management.
The risk.
When determining a loan rating, factors such as the borrower's credit history, income, debt-to-income ratio, employment status, and the purpose of the loan are considered. These factors help lenders assess the borrower's ability to repay the loan and the level of risk involved in lending to them.
Risk Level