Risk Criteria

Definitions

National Definitions

Australia

Risk criteria are standards by which the results of risk assessments can be assessed.

These criteria relate quantitative risk estimates to qualitative value judgments about the significance of the risk.

Standard Definition

ISO 31000:2009

Terms of reference against which the significance of a risk is evaluated. .

Risk criteria

• are based on organizational objectives, and external (2.10) and internal context,
• can be derived from standards, laws, policies and other requirements.

See also

• Risk
• Risk Estimation
• Risk Evaluation
• Risk Treatment