Risk Evaluation

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Definitions

Official European Definition

Other International Definitions

National Definitions

Standard Definition

ISO/IEC 27000:2014

Process of comparing the results of risk analysis with risk criteria to determine whether the riskand/or its magnitude is acceptable or tolerable [1](based on the ISO Guide 73:2009[2]).

  • Risk criteria are the terms of reference against which the significance of risk is evaluated [2]). They are based on organizational objectives, and external and internal context, and can be derived from standards, laws, policies and other requirements.
  • Risk evaluation assists in the decision about [Risk Treatment|risk treatment]].

See also

Notes