Risk Probability Occurrence Model
Determining the probability of occurrences based on expert knowledge and derived from historical occurrences.
Define Goal
Define the goal of the model for risk probability impact.
Evaluation Steps
Evaluate Measure or Key Performance Indicator
From the given measure:
Input:
- Output of the step identified risk or threat.
- Output of the step identified risk category.
- Output of the step predicted risk impact score.
Output:
- Risk occurrence probability (0.0 to 1.0).
Evaluate the Business Process
From the given business process:
Input:
- Feed the list of risk measures identified in the step identified risk or threat.
Output:
- List of respective risk probability.
Identify the list of measures > Identify ...
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