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Glossary: Policies, Standards and Risk Management

risk score

Also written: scoring, score bands, risk scoring

Likelihood times impact, each rated 1 to 5, giving a value from 1 to 25. Scores fall into bands that each require an action: low (1–4), medium (5–9), high (10–16) and critical (20–25).

Where the book teaches it

Related terms

likelihoodimpactrisk matrixsemi-quantitative