Risk Matrix
The risk matrix serves to give us a visual representation of the relation between the likelihood of a risk occurring and the ramifications of its potential impact. Each risk is given a rating of the impact of the risk occurring and how likely it is to occur. The most essential components of the risk matrix table are the likelihood of the risk occurring and its potential impact. Each cell in the table represents a different level of risk.(Module 6 STEC)
7th April 2025
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