5.2.1 Risk Definiton and Risk Attributes Flashcards

(6 cards)

1
Q

Risk is a potential “e…“, “ “, “t…“, or “ “ whose occurrence causes an a…

A

event
hazard
threat
situation
adverse effect.

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2
Q

A risk can be characterized by two factors:
- risk “l…”
- risk i…

A
  • likelihood
  • impact (harm)
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3
Q

Risk likelihood

The probability of the r… (greater than z… )

A

risk occurrence

zero and less than one

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4
Q

Risk impact (harm)

The consequences of this “ “

A

occurrence

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5
Q

These two factors express the risk “le…” which is a measure for “ “.

A

level
risk

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6
Q

The higher the risk level, the more i…

A

important is its treatment.

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