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PFMEA Is Based on Computing a Risk Score Based on Occurrence

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PFMEA is based on computing a risk score based on occurrence of a risk,outcome of a project if the risk event occurs,and the possibility of detection of that risk event.


Definitions:

Lower Than Market Rent

Renting property at a rate below the typical market price, often as part of a housing affordability strategy.

Potential Retail Sales

The projected amount of sales a retail business could make, based on market analysis and business strategy.

Anchor Store

A large retail store that attracts customers to the shopping mall or center in which it is located, serving as a foundational business for the area.

Triple Net Lease

A lease agreement where the tenant agrees to pay all operating expenses of the property, including property taxes, building insurance, and maintenance, in addition to rent.

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