A measure of the likelihood that an event described in the risk consequence portion of the risk statement will actually occur best defines
A)risk assessment.
B)risk probability.
C)risk actuality.
D)risk urgency.

Question

Quizplus · Accepted Answer

Risk probability is the measure of the likelihood that an event described in the risk consequence portion of the risk statement will actually occur. Risk assessment involves identifying and analyzing potential risks, while risk actuality refers to the occurrence of the risk event. Risk urgency is a measure of the importance or priority level assigned to a risk.

A Measure of the Likelihood That an Event Described in the Risk