Risk Assessment 062


Risk Assessment 062 : Product or process which collects information and assigns values to risks for the purpose of informing priorities, developing or comparing courses of action, and informing decision making. Sample Usage: The analysts produced a risk assessment outlining risks to the aviation industry. Extended Definition: appraisal of the risks facing an entity, asset, system, network, geographic area or other grouping Annotation: A risk assessment can be the resulting product created through analysis of the component parts of risk
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