7.4 Flashcards
(29 cards)
plan in advance for sth
to prepare ahead of time
manufacturing company
a business that produces goods from raw materials
risk analysis
the process of identifying and assessing risks
risk analysis model
a structured framework to assess risks
factor
a condition that contributes to a result
(not) on your radar
something (not) being considered or noticed
identify
to recognize or establish what something is
be facing a risk
to be in a situation with potential danger
probability
the likelihood of something happening
impact
a strong effect or influence
matrix
the environment in which something develops
graph
a diagram showing relationships between variables
model
something used as an example
axis
a reference line used in graphs
plot
to chart or graph something
intersect
to cross or overlap
overall
taking all factors into account
risk rating
the severity classification of risk
on the agenda
officially scheduled for discussion
run over schedule
to exceed the planned time
build extra time into the schedule
to plan for time beyond the estimate
employee turnover
the rate at which employees leave a company
brief sb
to inform or instruct someone in detail
hand over tasks
to pass responsibility for tasks to someone else
