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5RiskDefinitionAsdiscussedintheprevioussection,wefoundthateachcauseofriskscanbecatego...
5 Risk Definition
As discussed in the previous section, we found that each cause of risks can be categorized in either the cause related to project components or fundamental causes of risks. This fact was found from analysis on the causes of risks by using the affinity diagram. There are some differences in definitions of risk among research areas. For example, AS/NZS 4360[5] defines risks as “the chance of something happening that will have an impact upon objectives. It is measured in terms of consequences and likelihood”, and ISO/IEC Guide 73[6] defines risks as “Risk can be defined as the combination of the probability of an event and its consequences”.
These definitions tell us that probabilities and consequences are important factors when we describe certain risks. On the other hand, the risk descriptions used in this research have no description on its probabilities and consequences. But risk analysis and evaluation are normally performed after risk identification process, and probabilities and consequences are evaluated in those processes. Therefore probabilities and consequence don’t have to be described in the risk identification process.
generated risks are limited. 展开
As discussed in the previous section, we found that each cause of risks can be categorized in either the cause related to project components or fundamental causes of risks. This fact was found from analysis on the causes of risks by using the affinity diagram. There are some differences in definitions of risk among research areas. For example, AS/NZS 4360[5] defines risks as “the chance of something happening that will have an impact upon objectives. It is measured in terms of consequences and likelihood”, and ISO/IEC Guide 73[6] defines risks as “Risk can be defined as the combination of the probability of an event and its consequences”.
These definitions tell us that probabilities and consequences are important factors when we describe certain risks. On the other hand, the risk descriptions used in this research have no description on its probabilities and consequences. But risk analysis and evaluation are normally performed after risk identification process, and probabilities and consequences are evaluated in those processes. Therefore probabilities and consequence don’t have to be described in the risk identification process.
generated risks are limited. 展开
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