Figure 1: Risk Impact/Probability Chart for five risks: A, B, C, D, and E
On the x-axis we have the relative magnitude of the ‘impact,’ with higher numbers indicating a more severe outcome. On the y-axis we have the probability that a risk ‘may’ occur, ranging from just above 0% to just below 100%. Using Risk Score as a measure, prioritize risks A through E from MOST risky to LEAST risky.
A, B, C, D, E
B, C, A, D, E
C, B, A, D, E
D, C, E, B, A