Risks Can Be Quantified by Multiplying the Likelihood a Failure

question 76

True/False

Risks can be quantified by multiplying the likelihood a failure will occur by the severity of the failure.

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Definitions:

Emotional Reaction

The psychological and physical response to an event or stimulus that can range from happiness and joy to sadness, anger, or fear.

Lean

Characterized by a high ratio of muscle to body fat, or in business, operating with efficiency and minimal waste.

Athletic

Relating to or involving sports, physical activities, or the physical skills and abilities required in sports.

Overweight

A condition where an individual has more body fat than is optimally healthy, typically measured by a body mass index (BMI) greater than 25.