Risk-Based Performance Management

Strategy. Appetite. Execution.

Navigation

Glossary of Performance & Risk Management terms

Glossary by Source

Submit an entry

Achive by period

Saturday

Dec062008

Risk exposure

Saturday, December 6, 2008 at 01:40PM

Extent to which an organisation is subject to an event.

Source : BS31100:2008 [ISO Guide 73]

Update on Sunday, January 11, 2009 at 01:06PM by

Andrew Smart

Risk Exposure = (Probability of event occurring) X (Impact of event)

Source: www.riskbasedperformance.com

Update on Thursday, August 20, 2009 at 05:57PM by

Andrew Smart

The consequences, as a combination of impact and likelihood, which may be experienced if a specific risk is realised.

Source: Client Contribution

There are no comments for this journal entry. To create a new comment, use the form below.