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Overview This page displays a similar grid as with the Risk of Events To Objectives (without controls), but with added columns for results when Controls are in effect. The Likelihoods, Impacts, and Risks of the events To Objective " Public Rel...
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Overview The Objectives Grid for Likelihood displays: the impacts or consequences of the events for Risk Events or the likelihoods/causes for Opportunity Events. By default, the grid shows the events' impacts due to the overall Object...
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Last Updated: 05/07/2021
in Risks Loss Exceedance Curve 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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Pairwise graphical/numerical comparisons can be used to express your judgment about the relative importance or preference or likelihoods of the two elements shown on each line. The multi-pairwise verbal comparison composes of: The question for...
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Pairwise graphical/numerical comparisons can be used to express your judgment about the relative importance or preference or likelihoods of the two elements shown on each line. The multi-pairwise verbal comparison composes of: The question for...
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Last Updated: 02/05/2021
in Overview Riskion ® is a revolutionary, web-based risk management tool designed to help enterprise-level businesses identify, accurately measure, and mitigate potential risks (or increase potential gains) through professional crowdsourcing and mathematical m...
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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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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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Participants roles can be defined when evaluating: the Likelihoods of: threats, events given threats events with no threats the Impacts of: events with respect to objectives objectives, and the Effectiveness of Controls On ...
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Last Updated: 04/05/2021
in Risks Risk of Events The risk of an event is the product of the event's likelihood and impact. However, the computed likelihood of an event may depend on the event being caused by more than one threat. If these threats are not mutually exclusive, then the computed like...