- The likelihood that the risk (event) will occur. The probability that the event will occur is measured based on the following guidelines:
High - Greater than or equal to 90 percent. Mitigation efforts must be vigorous and imaginative in order to reduce the probability of occurrence, commensurate with the severity of impact.
Substantial - Greater than or equal to 75 percent but less than 90 percent. Mitigation efforts must be developed and pursued vigorously commensurate with possible impact.
Medium - Greater than or equal to 50 percent but less than 75 percent. Mitigation efforts should be developed and pursued commensurate with possible impact.
Low - Less than 50 percent. Indicates the risk is one that should be monitored, but appears to have been turned around and no action is needed.
Bureau of Reclamation - Cite This Source - This Definition
- Checked signature, Decomposition, Emergency action plan (EAP), Esthetics, Failure potential assessment, Risk, Uncertainty
All > Science > Water