mathan_vel

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• Jun 9th, 2009

 

The risk rating is based on the probability of impact and the level of impact (manual mapping approach):

Risk Analysis Worksheet

Risk Score is used to rank a risk's priority relative to the other identified risks. The risk with the highest risk score is ranked first in priority, the risk with the next highest risk score is ranked second in priority and so forth. The closer the risk score is to one the higher the priority; the closer a risk score is to zero the lesser the priority.