2. Risk analysis methodology
Risk is generally characterized by two main parameters:
its impact or severity G ;
its probability of occurrence P .
But it can also be characterized by other parameters: its nature (financial, human, natural, etc.), its origin (customer, payment, etc.), its period of occurrence, etc.
The criticality C of the risk is then defined by combining the impact of the risk with its probability.
C = G × P
In certain sectors of activity, such as extreme environments or activities that present a danger to man (nuclear, space, nuclear physics, aeronautics, etc.), detectability D is a major parameter in risk characterization. In this case, criticality becomes: C = G × P × D ....
Exclusive to subscribers. 97% yet to be discovered!
You do not have access to this resource.
Click here to request your free trial access!
Already subscribed? Log in!

The Ultimate Scientific and Technical Reference
This article is included in
Chemical risk prevention manager
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
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.
Exclusive to subscribers. 97% yet to be discovered!
You do not have access to this resource.
Click here to request your free trial access!
Already subscribed? Log in!

The Ultimate Scientific and Technical Reference