What is the best definition of Risk ?
Among the plethora of Risk Definitions, which one is the best ? Are we supposed to choose one ?

-          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.


-          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..

Try new things, step out of your comfort zone, take risks, do things in ways you've never done them before, ask for help, surround yourself with self-actualized people, become obsessed with the fact that you have one go-round on this planet as the you that is you, and realize how precious and important it is not to squander that
- Jen Sincero

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.

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