Consequence - Likelihood - Evaluate the consequences of a risk occurring according Evaluate the likelihood of an incident occurring according to the to the ratings in the top row ratings in the left hand column 3. Risk level - Calculate the level of by finding the intersection between the risk likelihood and the consequences 4. Risk Level/Rating and Actions
Consequence - Evaluate the consequences of a risk occurring according to the ratings in the top row 3. Risk level - Calculate the level of risk by finding the intersection between the likelihood and the consequences Likelihood - Evaluate the likelihood of an incident occurring according to the ratings in the left hand column 4. Risk Level/Rating and Actions