-
The
4th column (sign +) shows if that definition allows a positive
meaning of the term risk (all 10 definitions allows a negative meaning of the
term)
-
The
blue columns indicate how the % of the risk is expressed.
-
The
green columns indicate how the subject “activating the risk” is defined.
-
The
yellow columns indicate the object of the risk.
Conclusions:
-
Finding
a universal definition is time consuming (and maybe useless). The right
definition is context dependent.
-
For
people preparing for a certification mind the difference between different
cert-providers.
-
ISO3100
is the most synthetic and seems to be the most widely recognized while MoR
seems to provide the most complete definition.
-
Only
5 definitions allow a risk to be also something positive, for the others risk
has only a negative meaning.
- My personal definition of RISK: A subject may change an object. One (tries to) measure it with: [probability of happening] x [impact]. Because I guess no one is interested in my personal definitions 😀 the table below tries to recap 10 different well known definitions of Risk..
Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage, and going through the cites of the word in classical literature, discovered the undoubtable source. Lorem Ipsum comes from sections 1.10.32 and 1.10.33 of "de Finibus Bonorum et Malorum" (The Extremes of Good and Evil) by Cicero, written in 45 BC. This book is a treatise on the theory of ethics, very popular during the Renaissance. The first line of Lorem Ipsum, "Lorem ipsum dolor sit amet..", comes from a line in section 1.10.32.