Estimate Impact of Risks
CataloguedEstimate the potential losses associated with an identified risk by applying standard risk analysis practices to develop an estimate of probability and impact on the company. Take both financial and non-financial impacts into account. Use qualitative and quantitative risk analysis techniques to identify, rate and prioritise risks.
Estimate Impact of Risks sits under Risk Management in the Business domain of the Luminid skills catalogue.
Also known as
- analyse impact of financial risks
- analyse impact of non-financial risks
- assess risk impact
- calculate impact of risks
- determine risks impact
- probability and impact assessment
- quantify risk
- risk analysis
- risk assessment
- risk evaluation
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