Abstract:In order to determine the criticality of a risk, an assessment of the probability of occurrence (notion of frequency) and of the impact (notion of severity) are to be estimated. The criticality is the product of the probability of its occurrence and the impact that the risk has on the project, hence on the whole company. So, the practice of matrix or the criticality grid considering these two dimensions is necessary. However, the criticality grid involves the insufficiencies inherent to the subjective behavior… Show more
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