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combination of the probability of occurrence of harm and the severity of that harm


This is a concrete item and can be implemented directly

Term: risk; 
Plural: risks; 


Note 1 to entry: The probability of occurrence includes the exposure to a hazardous situation and the possibility to avoid or limit the harm


Diagrammatic representation

Simple graph - risk

Required associations

exactly one risk analysis estimates exactly one risk

Optional associations

a number of risk management monitors a number of risks
one or more risk tolerances determines acceptabiltity of a number of risks
exactly one safety freedom from unacceptable a number of risks
exactly one risk control reduces a number of risks