Risk Management, Risk Management Process, Framework.
so we have (3,1). So now we have three tuples — (1,3), (2,2), (3,1). Let’s put them on a graph! Hey, that’s cool. Let’s talk about the risks for a moment Risks If we think of ‘magnitude’ as signed — so ‘positive magnitude’ is a positive outcome and ‘negative magnitude’ is a negative outcome, then