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Risk management criteria

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Submitted by Admin on Tue, 06/01/2004 - 13:33
  • Risk management

This is a placeholder for future content. It is immature and incomplete

Describe purpose, benefits, and challenges associated with the below table.

Risk category

Remote likelihood

Low likelihood

Likely 

Highly likely

Near certainty

General

Team's current process is sufficient to prevent this event

Team's current process is usually sufficient to prevent this event

Team's current process may prevent this event but additional actions will be required 

Team's current process cannot prevent this event, but a different approach or process might

Team's current process cannot prevent this event, no alternative approaches or process are available

Design

Existing system

Minor modification of existing system

Moderate modification of existing system

Major modification of existing system|

Innovative, complex, new design

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