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	<title>Likelihood in Risk Assessment &#8211; Risk Publishing</title>
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		<title>Likelihood in Risk Assessment: Scales, Calibration, and Scoring Methods</title>
		<link>https://riskpublishing.com/definition-of-likelihood-in-risk-assessment/</link>
					<comments>https://riskpublishing.com/definition-of-likelihood-in-risk-assessment/#respond</comments>
		
		<dc:creator><![CDATA[Chris Ekai]]></dc:creator>
		<pubDate>Thu, 13 Jul 2023 08:18:31 +0000</pubDate>
				<category><![CDATA[Risk Assessment]]></category>
		<category><![CDATA[enterprise risk management]]></category>
		<category><![CDATA[ISO 31000]]></category>
		<category><![CDATA[Likelihood in Risk Assessment]]></category>
		<category><![CDATA[risk assessment]]></category>
		<guid isPermaLink="false">https://riskpublishing.com/?p=15731</guid>

					<description><![CDATA[Two assessors evaluate the same operational risk in the same workshop. One scores Likelihood in Risk Assessment as 3 (Possible). The other scores 4 (Likely). Neither can articulate why. The risk register accepts both scores. The heat map loses its meaning before it reaches the board pack. That is the gap between an undefined scale ... <a title="Likelihood in Risk Assessment: Scales, Calibration, and Scoring Methods" class="read-more" href="https://riskpublishing.com/definition-of-likelihood-in-risk-assessment/" aria-label="Read more about Likelihood in Risk Assessment: Scales, Calibration, and Scoring Methods">Read more</a>]]></description>
		
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