At-Risk® Methodology
In determining your risk assessment, ask what is the risk, and what is actually at risk? |
"Risk" is traditionally defined as "probability multiplied by consequence", where probability depends mainly upon historical frequency data.
But what about situations where there is no historical frequency? How can the risk be assessed for a unique event for which no precedent exists? How could risk have been calculated for the toppling of the World Trade Centre towers?
| The Zeta Group's At-Risk® methodology is designed to identify hazards and threats as a first step towards prevention, preparedness, response and recovery. |
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Hazard: is a product, situation or location which contains an inherent danger which has associated with it a threat or threats to life, health, property or the environment.
Threat: is the way in which the danger inherent in the hazard could manifest itself, given certain conditions, to create an emergency or disaster.
Impact: the consequences of the manifestation of a threat expressed in casualties or dollars.
At Risk: exposed to danger.
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The Zeta Group's At-Risk® methodology assesses not just the risk, but what is at risk. Much more comprehensive and realistic than conventional risk assessment, the At-Risk® approach takes into consideration the new nature and severity of threats which businesses and organizations must deal with today.
Let The Zeta Group put their exclusive methodology to work for your organization.
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