Risk Rating Comparison in the Factory.pptx

Risk Rating Comparison

1. Ambatovy Risk Matrix 1 Likelihood Rare Unlikely Possible Likely Almost certain Consequence Minor Low Low Low Moderate Moderate Medium Low Low Moderate High High Serious Moderate Moderate High High Critical Major High High Critical Critical Critical Catastrophic High Critical Critical Critical Critical             Risk rating Risk Management Response Critical Critical: Risks that significantly exceed the risk acceptance threshold and need urgent and immediate attention. High High: Risks that exceed the risk acceptance threshold and require proactive management. Moderate Moderate: Risks that lie on the risk acceptance threshold and require active monitoring. Low Low: Risks that are below the risk acceptance threshold and do not require active management.

2. Knight Piesold Risk Matrix 2