1. Background to risk analysis
Risk analysis is part of the risk management process. Based on a list of identified risks, the aim is to assess the criticality of each risk according to various pre-established criteria (probability of occurrence, impact, detectability, etc.).
This analysis should answer the following questions:
What is the probability of the risk occurring?
What is the impact of the risk?
When and how can it be detected?
How much time do we have to deal with the risk?
Are there any factors that could mitigate the impact of the risk or reduce the probability of its occurrence?
This analysis will enable us to prioritize risks and define which ones need to be dealt...
The Ultimate Scientific and Technical Reference
This article is included in
Safety and risk management
This offer includes:
Knowledge Base
Updated and enriched with articles validated by our scientific committees
Services
A set of exclusive tools to complement the resources
Practical Path
Operational and didactic, to guarantee the acquisition of transversal skills
Doc & Quiz
Interactive articles with quizzes, for constructive reading
Background to risk analysis
Risk analysis methodology
Bibliography
Also in our database
Regulatory reference
ISO/IEC 31010:2009: Risk management - Risk assessment techniques
This standard provides a methodology and a list of tools for selecting and applying risk assessment techniques.
The Ultimate Scientific and Technical Reference
