What is Needed to Conduct a Good Risk Assessment
Imprecise Statement
An imprecise statement describes a risk that contains a large number of
potential variables. The result is that there is such a high degree of uncertainty
that it is nearly impossible to analyze the risk and determine the likelihood and
magnitude of adverse effects.
Example of imprecise statements:
- What is risk of riding in a car?
- What is risk of importing breeder pigs?
- What is risk of importing shrimp?
Essentially, the types of questions that risk assessors ask could
be boiled down to the following:
- What can go wrong (if I do nothing)?
- What is the likelihood (or probability) of that happening?
- What is the magnitude of the outcome?
- How certain am I?
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