Aim for low probability and negligible impact when assessing low-risk solutions with this colorful matrix.
Sample text from Risk Analysis Matrix:
Risk Analysis Matrix
E x t r e m e |
||||||||
H i g h |
= Low Risk | |||||||
I m p a c t |
|
= Medium Risk | ||||||
L o w |
= High Risk | |||||||
N e g l i g i b l e |
||||||||
Very Unlikely |
Unlikely |
Moderate |
Likely |
Very Likely |
||||
Probability |