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Last Updated: 04/29/2021
in Risks Bow-Tie Diagrams
Overview The Bowtie method is a risk evaluation method that can be used to analyze and demonstrate causal relationships in risk scenarios. The method takes its name from the shape of the diagram that you create, which looks like a men’s bowtie. ...
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Last Updated: 05/31/2021
in Likelihood of Events Structure
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Last Updated: 06/07/2021
in Overview
What is the meaning when someone says there is a risk of loss? It means that something might happen that can result in a loss . The words "something", "might", and "loss" have special meanings. The something is what we will call an 'Event', or...
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Last Updated: 05/17/2021
in Controls Efficient Frontier
The Efficient Frontier results make it easy to compare several scenarios and see the effects of lower or higher budgets. Click to display results: Overall Efficient Frontier The Efficient Frontier page displays a curve(s) at the left an...
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Last Updated: 04/19/2021
in Controls Identify
Controls for Threats/Sources can be viewed, added, and assigned to this page. The Controls for Threats/Sources are listed as rows under the "Control Name" column, and the succeeding columns headings to the right are the threats/sources. You ca...
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Overview The LEC represents the annual frequency whereupon a determining economic loss will be exceeded. It is the most important and strongest measurement of risk since it provides basic information for the planning and appropriation of the re...
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Last Updated: 04/28/2021
in Risks Risk of Events
Overview This page displays the Overall Likelihoods, Impacts, and Risks of each Event . Overall Likelihoods, Impacts, and Risks of Events
The results for the "All Participants" group are displayed by default as indicated in the c...
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Last Updated: 03/12/2021
in Impact of Events Measure
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Last Updated: 03/30/2022
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Overview This page displays the same diagram as with the Overall Risk Map (without controls) -- with additional options to show the Risk Map when controls are in effect. Overall Risk Map Without Control and With Control
The X-axis ...