Risk matrix
The risk matrix as being used by RAFIS is as follows:
Impact | ||||||
minimal | small | average | big | disastrous | ||
Chance | very high | medium | medium | high | critical | critical |
high | low | medium | high | critical | critical | |
average | low | medium | high | high | critical | |
low | low | low | medium | high | high | |
very low | low | low | low | medium | high |
RAFIS uses the following approaches to deal with a risk:
- Control: Taking measures to lower the impact and chance of an incident.
- Avoid: Taking measures to lower the chance of an incident.
- Resist: Taking measures to lower the impact of an incident.
- Accept: Accepting the impact and chance of an incident.