What we must know to understand your Risk Assessment
What We Must Know In Order to Understand Your Risk Assessment
When a risk assessment is presenting its findings as a range or distribution of possible values, we can usually at least partially see the effects of uncertainty. When risk estimates are presented as single values, we must know how uncertainty was handled in producing those values. This requires the author of the risk assessment to declare a level of conservatism used in his assessment.
Essential Elements
A short list of minimum requirements for a modern risk assessment. While many choices around level of rigor remain, these are required elements.
Missteps, Myths, Past Practice
Uncertainty Management
Certifications
Subtitle for this block
Decision Bases
Cost Benefit, ALARP