risk assessment

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Related to risk estimation: Risk assessment, risk evaluation

risk assessment

A report that shows an organization's vulnerabilities and the estimated cost of recovery in the event of damage. It also summarizes defensive measures and associated costs based on the amount of risk the organization is willing to accept (the risk tolerance).

A "risk analysis" is the process of arriving at a risk assessment, also called a "threat and risk assessment." A "threat" is a harmful act such as the deployment of a virus or illegal network penetration. A "risk" is the expectation that a threat may succeed and the potential damage that can occur. See risk management and risk mitigation.

Risk assessment

An evaluation of potential consequences to humans, wildlife, or the environment caused by a process, product, or activity; including both the likelihood and the effects of an event. Also, qualitative and quantitative evaluation of the risk posed to human health or the environment by the actual or potential presence or use of specific pollutants.
References in periodicals archive ?
Such risk estimation can be easily performed in terms of an objective number in physician's office.
Qrisk-2 is appropriate as it takes ethnicity and RA as factor in risk estimation and gives precisely exact risk score beyond 30% which is not the case with other calculator and FRS requires multiplication by factor of 1.
Risk estimation of CAD using Eric Brittain scoring system showed that a large proportion of study group had high probability of developing ischemic heart disease in next 6 years.
Considering that a systematic approach to total CVD risk estimation seems to result in better risk factor control, [4] the weaknesses of the CVD risk prediction models should not defer the control of the major risk factors through this cost-effective approach.
Since then, new information has become available on exposure, toxicology, epidemiology, metabolism, pharmacokinetic modeling and risk estimation.
Like CCRIF s tropical cyclone and earthquake insurance, the excess rainfall product is parametric and estimates the impacts of heavy rain using satellite rainfall data from the Tropical Rainfall Measurement Mission (TRMM) and exposure from CCRIF s risk estimation database.
The findings do suggest that the number of nevi could be used as a marker of breast cancer risk, but it is unclear whether or how this information would improve risk estimation based on established risk factors.
Verisk Insurance Solutions has released the Class Insight ratio, a new capability to help carriers fine tune risk estimation for class-rated properties.
They showed that AVP is an easy method and it may be used for a noninvasive cardiovascular examination to improve cardiovascular risk estimation.
A possible source of error in the method of cancer risk estimation in patients with rheumatoid Arthritis.
This model has been continuously revised and improved and the most recent second-generation model, the Multi-Peril Risk Estimation System aims to model the actual levels of hurricane and earthquake risks faced in the Caribbean.
The results of the study of the efficiency of Value at Risk estimation models developed by the RiskMetrics[TM] group, GARH-class models and simulation methods, applied to the data of companies trading on the Stock Exchange in Warsaw, were presented by Mentel (2011).

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