Risk analysis

• Risk analysis

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Risk analysis (engineering)

1 Risk analysis is the science of risks and their

probability and evaluation.


Risk analysis (engineering) - Risk analysis and the risk workshop

1 Risk analysis should be performed as part of the risk management process for each project. The data of which would be based on risk discussion workshops

to identify potential issues and risks ahead of time before these were to pose cost and/ or schedule negative

impacts (see the article on Cost contingency for a discussion of the

estimation of cost impacts).https://store.theartofservice.com/the-risk-analysis-toolkit.html

Risk analysis (engineering) - Risk analysis and the risk workshop

1 The outcome of the risk analysis would be the creation or review of

the risk register to identify and quantify risk elements to the project

and their potential impact.


Asset (computer security) - Risk analysis

1 When performing risk analysis it is important to weigh how much to spend

protecting each asset against the cost of losing the asset. It is also important to take

into account the chance of each loss occurring. Intangible costs must also be

factored in. If a hacker makes a copy of all a company's Creditcard numbers it does not cost them anything directly but the loss in

fines and reputation can be enormous.


Risk analysis (business)

1 'Risk analysis' is a technique used to identify and assess factors that may jeopardize the success of a project or

achieving a goal.


Risk analysis (business)

1 One of the more popular methods to perform a risk analysis in the

computer field is called facilitated risk analysis process (FRAP).


Risk analysis (business) - Facilitated risk analysis process

1 * without assumptions there is little risk

analysis



1 Combined with the decrease in the potential customer base,

specialization risk can be significant for a software firm. After probabilities

of scenarios have been calculated with risk analysis, the process of risk management can be applied to help

manage the risk.



1 Methods like applied information economics add to and improve on

risk analysis methods by introducing procedures to adjust subjective

probabilities, compute the value of additional information and to use the results in part of a larger Investment management|portfolio management

problem.


IEC 61508 - Hazard and Risk Analysis

1 The standard advises that 'Either qualitative or quantitative hazard

and risk analysis techniques may be used' and offers guidance on a

number of approaches. One of these, for the qualitative analysis of

hazards, is a framework based on 6 categories of likelihood of occurrence

and 4 of consequence.


Society for Risk Analysis

1 The 'Society for Risk Analysis' (SRA) is a learned society providing an open

forum for anyone interested in risk analysis. The concepts of risk have challenged the minds of many of

history's greatest mathematicians and scientists. The roots of risk analysis can

be traced back to before Greek and Roman times. Yet modern-day risk

analysis remains a relatively young field.



1 In early 1979, Robert B. Cumming recognized the growing need for risk

researchers and practitioners to publish their work in a dedicated scientific journal. This led to the formation of an organization

to support such a journal, with the certificate of incorporation for the SRA made official on August 28, 1980. The first issue of

Risk Analysis (journal)|Risk Analysis appeared in March 1981 and is now

published by Wiley-Blackwell.https://store.theartofservice.com/the-risk-analysis-toolkit.html


1 SRA broadly defines risk analysis to include risk assessment, risk characterization, risk

communication, risk management, and policy relating to risk. The society's interests include:

risks to human health and the environment, both built and natural; threats from physical, chemical, and biological agents and from a

variety of human activities as well as natural events; and risks of concern to individuals, to public and private sector organizations, and to

society at various geographic scales.


Food safety risk analysis

1 But sometimes, not even well-trained staff can handle some issues and

therefore support of an independent consultant is necessary.[

http://www1.agric.gov.ab.ca/$department/deptdocs.nsf/all/afs12301/$FILE/appendix_d_web.pdf Government of

Alberta, Agriculture and Rural Development:Appendix D - Food

Safety Risk analysishttps://store.theartofservice.com/the-risk-analysis-toolkit.html

Food safety risk analysis - Risk analysis

1 [ http://www.who.int/foodsafety/micro/riskanaly

sis/en/] About Risk Analysis in Food


Food safety risk analysis - Risk management

1 [ftp://ftp.fao.org/docrep/fao/009/a0822e/a0822e00.pdf] Food Safety Risk Analysis: A Guide for National Food

Safety Authorities


Food safety risk analysis - Risk communication

1 Risk communication is defined for the purposes of the Codex Alimentarius

Commission as The interactive exchange of information and opinions throughout the risk

analysis process concerning hazards and risks, risk-related factors and risk perceptions,

among risk assessors, risk managers, consumers, industry, the academic community

and other interested parties, including the explanation of risk assessment findings and

the basis of risk management decisions.


ISPL - Situation and risk analysis

1 The analysis sub-process is divided into a situation analysis followed by a risk analysis.


ISPL - Risk analysis

1 In the #Situation analysis, complexity and uncertainty values have been attributed to each of the

situational factors. In the Risk Analysis, these values are used to identify the possible risks and their probability. Examples of possible

risks for the customer business are unpredictable/increased costs for the business, delays in system delivery

and poor quality of service or system.


Comparison of risk analysis Microsoft Excel add-ins

1 The following is a comparison of the features of various spreadsheet

risk analysis add-in packages available. Decision-making software

is reviewed separately.


Frontex - Risk Analysis Reports

1 FRONTEX's key institution with respect to intelligence and risk

assessment is its Risk Analysis Unit (RAU) and the FRONTEX Risk Analysis

Network (FRAN), via which the FRONTEX staff is cooperating with security experts from the Member

States


Return period - Risk analysis

1 Return period is useful for risk analysis (such as natural, inherent, or

hydrologic risk of failure).Water Resources Engineering, 2005 Edition,

John Wiley Sons, Inc, 2005. When dealing with structure design

expectations, the return period is useful in calculating the riskiness of

the structure.


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Risk analysis