Consequence - Likelihood - Evaluate the consequences of a risk occurring according to the Evaluate the likelihood of an incident occurring according to ratings in the top row the ratings in the left hand column 3. Risk Matrix Using the matrix, calculate the level of risk by finding the – intersection between the 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 Matrix – Using the matrix, 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
planteqpmntriskmgtform.docx