Quantification - Institutional Level
Institutional Level Risk Assessment Template |
The institutional level results of the following analysis can be mapped to the Heat Map of Results as shown on the Quantification tab |
| Likelihood | |||
| Event (unmitigated) | Horizon (unmitigated) | Control Effectiveness | |
| Very High | Certain to occur | >88% will occur in next year | Controls more than unlikely to delay event or horizon |
| High | Almost certain to occur | >60% to 88% will occur in next year | Controls unlikely to delay event or horizon |
| Medium | May occur or may not occur | >40% to 60% will occur in next year | Controls will have no effect on event or horizon |
| Low | Not likely to occur | >15% to 40% will occur in next year | Controls likely to delay event or horizon |
| Very Low | Very rarely will occur | <15% will occur in next year | Controls more than likely to delay event or horizon |
(QUALITATIVE) |
(QUANTITATIVE) |
(QUANTITATIVE) | |
| Impact | |||||
| Safety | Reputation | Fiscal | Business Interruption Time | ||
| Incurred Cost | Lost Opportunity Cost | ||||
| Very High | Loss of life | Significant and lasting reputation impact | >$5 million | >$5M | >1 Month |
| High | Significant injury | Substantial, but potentially temporary reputation impact | >$500K to $5 million | >$500K to $5M | >1 Week to 1 Month |
| Medium | Injury | Minor, likely temporary impact | >$100K to $500K | >$100K to $500K | >1 Day to 1 Week |
| Low | Minor injury | Minor impact | >$20K to $100K | >$20K to $100K | >1 Hour to 1 Day |
| Very Low | No loss of life or injury | No impact | <$20K | <$20K | <1 Hour |
(QUALITATIVE) |
(QUANTITATIVE) |
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