Session 18 Power Point

Risk Analysis RISK = LIKELIHOOD X CONSEQUENCE

Quantitative vs. Qualitative ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Quantitative Likelihood ,[object Object],[object Object],[object Object]

Qualitative Likelihood ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Consequence ,[object Object],[object Object],[object Object]

Direct Losses “those first order consequences which occur immediately after an event” ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Indirect Losses “may emerge much later, and may be much less easy to attribute directly to the event” ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Tangible Losses “those for which a dollar value can be assigned” ,[object Object],[object Object],[object Object],[object Object]

Intangible Losses “those that cannot be expressed in universally accepted financial terms” ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Gains ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Quantitative Consequence ,[object Object],[object Object],[object Object]

Qualitative Consequence ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Other Measures of Consequence ,[object Object],[object Object],[object Object],[object Object]

Trends ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

6 Changes in Human Activities ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

4 Steps of Risk Analysis ,[object Object],[object Object],[object Object],[object Object]

Session 18 Power Point

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Session 18 Power Point