What is Risk | IGI Global (2024)

Chapter 13

Copyright: © 2020|Pages: 34

DOI: 10.4018/978-1-7998-1934-9.ch013

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Chapter 13

The probability of an undesired event happening.

Chapter 3

The probability of a harmful action (e.g. damage, injury, death or illness) associated with a hazard.

Chapter 17

Risk is the possibility of loss or injury; someone or something that creates or suggests a hazard.

Chapter 14

connotes a possible negative impact to something of value. It symbolises the probability of a loss.

Chapter 9

The combination of the probability of an event and its negative consequences.

Chapter 4

Evaluation of the possibilities of occurrence of Situations or Facts, which generate impact in the execution of a planning, with the definition of applicable Workaround Solutions.

Chapter 66

The likelihood or probability of some consequence seen as undesirable, although the term is often used synonymously with “downside.” Risk exposure is calculated as the probability of an undesirable consequence multiplied by its (negative) magnitude.

Chapter 142

The net negative impact of the exercise of vulnerability.

Chapter 18

A risk is an event in the present that will become a problem in the future.

Chapter 5

Combination of consequences and probabilities of undesirable event.

Chapter 10

An unsafe situation or condition that practicing journalists are susceptible to get involved in, due to antecedents or circ*mstances associated with his or her newsgathering job.

Chapter 9

An estimation of the degree of exposure to a threat that may occur on one or more assets causing damage to an organization.

Chapter 60

Risk is the potential harmful or undesirable consequences (downsides) that might arise in the future from a decision or course of action. Examples in the context of ITO include the release of confidential data, loss of organizational knowledge, and reduced business flexibility.

Chapter 520

The chance of injury, damage, or loss.

Chapter 3

The measure of the chance of harm occurring ( Mann & Blunden, 2010 ).

Chapter 5

The level of impact on agency operations (including mission, functions, image, or reputation), agency assets, or individuals resulting from the operation of an information system, given the potential impact of a threat and the likelihood of that threat occurring.

Chapter 36

Is the probability that something undesired happens combined with the expected loss associated with the event.

Chapter 3

Anything that can have a minor, major or severe effect and has a probability of occurring.

Chapter 2

The potential for an unwanted or adverse outcome resulting from an incident, event, or occurrence, as determined by the likelihood that a particular threat will exploit a particular vulnerability, with the associated consequences.

Chapter 2

Is the possibility of something bad happening. Risk involves uncertainty about the effects/implications of an activity with respect to something that humans value, often focusing on negative, undesirable consequences. The international standard definition of risk for common understanding in different applications is “effect of uncertainty on objectives.”

Chapter 8

Situation involving exposure to danger and/or loss.

Chapter 9

It is the impact and likelihood of damage that may arise as a result of threats.

Chapter 7

An event that causes damage when it occurs (e.g., fire, explosion, flood, etc.).

Chapter 16

The probability that an actual return on an investment will be lower than the expected return.

Chapter 18

Risk is the potential of losing something of value. Values can be gained or lost when taking risk resulting from a given action, activity and/or inaction, foreseen or unforeseen. Risk can also be defined as the intentional interaction with uncertainty, which is a potential, unpredictable, immeasurable and uncontrollable outcome. Risk is a consequence of action taken in spite of uncertainty.

Chapter 2

Traditionally is considered to be the likelihood and impact of one or more vulnerabilities being realized.

Chapter 12

Potential losing or damage perceived which can be real or not.

Chapter 4

Potential danger which is open to the contingency, which means the possibility to be avoided.

Chapter 261

To take a chance on a possible course of action to achieve a desired result.

Chapter 7

Risk is an exposure to the possibility of loss, injury, or other adverse or unwelcome circ*mstances; a chance or situation involving such a possibility.

Chapter 50

Risk is an undesired outcome that has a known or estimated probability of occurrence and impact based on experience or some theory.

Chapter 588

The possibility of any event occurring that may stop businesses or companies from achieving their strategic, financial and operational goals.

Chapter 7

A risk is a circ*mstance or event that has the potential to hinder achievement of objectives or cause harm.

Chapter 1

An uncertainty that an interested event/activity will not meet expected outcome.

Chapter 20

The probability of a hazard escaping from under control and the severity of the consequences, expressed by the degree of manifestation.

Chapter 8

Level of exposure to uncertain future events that may damage firms’ financial stability and profitability.

Chapter 1

A measure of the expected loss of an event. The product of the magnitude of a loss and the probability of its occurrence.

Chapter 492

Potential profit or loss arising from a transaction.

Chapter 5

Uncertanity about the results of the studies.

Chapter 9

The likelihood of anything unpleasant occurring. Uncertainty regarding the effects/consequences of an activity on something that humans value, with a concentration on negative, unwanted outcomes, is referred to as risk.

Chapter 9

Risk is defined as the potential disaster losses, in lives, health status livelihoods, assets and services, which could occur to a particular community or a society over some specified future time period. Disaster risk signifies the possibility of adverse effects in the future ( UNISDR, 2009 AU91: The citation "UNISDR, 2009" matches multiple references. Please add letters (e.g. "Smith 2000a"), or additional authors to the citation, to uniquely match references and citations. ).

Chapter 9

Denotes the potential impact on an attribute of value that a future event may cause. In finances, represents the variability of returns a given investment may have. In the context of this chapter, risk is reflected, among other variables, in the uncertainty of the requirements a custom enterprise application may need to fulfill in the future.

Chapter 21

A potential negative result of an action, inaction, or a decision.

Chapter 24

Often defined as the standard deviation of the return on total investment. Degree of uncertainty of return on an asset.

Chapter 3

Possibility to manifest a phenomenon, act, or fact that may cause damage, loss, or may have a negative impact on the activity of an entity.

Chapter 25

is the anticipated troubles while or before adopting an HR SSC

Chapter 20

Perceptions of uncertainty and adverse consequences of engaging in an activity.

Chapter 20

Possibility to achieve the unintended consequences of some events.

Chapter 7

It is used synonymously with the word uncertainty.

Chapter 8

Possibility to manifest a phenomenon, act, or fact that may cause damage, loss, or may have a negative impact on the activity of an entity.

Chapter 13

The probability of a vulnerability being exploited.

Chapter 10

Is the potential of gaining or losing something of value.

Chapter 107

The inability to know in detail all the relevant factors of a problem and to forecast with certainty the outcomes of a decision, due to imperfect and incomplete information.

Chapter 14

Is defined as the probability that a threat to exploit the vulnerabilities of property belonging to the organization and thereby cause injury organization.

Chapter 7

Is the exposure to liability in any joint venture or shared leadership role. Thus, effective organizational outcome is dependent on the level of performance, reputation, and information shared among joint venture relationships.

Chapter 5

The potential consequences associated with the sharing of private information (i.e., sexts), including the possibility of having private information shared with a third party.

Chapter 15

A form of uncertainty and potential for that uncertainty that could cause damage or loss to the organization.

Chapter 1

A situation of potential exposure to harm, which may lead to a loss of value in an organization, or a negative impact upon an individual.

Chapter 14

A potential loss or damage when a threat exploits a vulnerability. Risk is function of threat and vulnerability and impact.

Chapter 9

It is a measure of how open assets are against potential threats.

Chapter 5

It is defined as an imagined or real danger that paces the integrity of the subject or his group in jeopardy.

Chapter 14

Risk is a threat, a source of uncertainty, a combination of danger and opportunity. It is perceived in a specific cultural and time context.

Chapter 8

A characteristic of the activity that lies in the fact that the result of the activity is uncertain, and in case of failure, there are adverse consequences.

Chapter 1

A possible event that could cause harm or loss or make it more difficult to achieve objectives.

Chapter 24

A relationship between probability and impact or consequence of a threat or a situation. It may be positive or negative.

Chapter 10

In business, any factor that has an adverse impact on profitability.

Chapter 25

Probability of a loss; sometimes, the probability of a loss multiplied by the exposure.

Chapter 54

It is the expected loss due to uncertain random outcomes. A state of uncertainty where some possible outcomes have an undesired effect or significant loss.

Chapter 12

can be defined as a function of probability and magnitude of losses.

Chapter 5

Is the probability, depending on how high or low a hazard will cause harm. Risk is determined by vulnerable conditions associated with physical surroundings, social setup, environmental factors, or economic factors.

Chapter 525

In a limited manner, the decision situation in which the full range of possible outcomes are known with certainty and the probability of their occurrence can be assessed accurately, usually by some objective means (e.g., rolling the dice is a classic risk decision situation). More usually, the probabilities must be assessed subjectively, often based on previous experiences or intuition, and the outcomes themselves may not be fully identifiable. The term “risk” is used commonly to generally define decision situations that are really a combination of classical risk and uncertainty that is, the more normal decision situation in organizations.

Chapter 17

Implies that a particular activity will not be successfully performed because there is a lack of control over that activity, which can cause consequences and has to be removed from that activity.

Chapter 13

The possibility of something failure happening.

Chapter 14

Event which can deviate the organization in achieving its objectives.

Chapter 12

A probability or threat of damage, injury, liability, loss, or any other negative occurrence that is caused by external or internal vulnerabilities, and that may be avoided through preemptive action.

Chapter 1

The inability to make perfect forecasts about future facts, e.g. the outcomes of an investment or the consequences of a decision, because available information is incomplete.

Chapter 79

According to ISO 31000:2009, a global risk management standard, authored by the International Standards Organization, risk can be described as the ‘effect of uncertainty on objectives’. In this definition, ‘risk’ is considered as a symmetric concept: with a potential for a gain and a loss.

Chapter 7

The chance of a loss or the degree of probability of such loss.

Chapter 6

A conceptual device, produced by political vision and consolidated by city's one, through which authority uses power in function of an increasingly worse future scenario.

Chapter 5

Risk is the likelihood that an event may negatively impact someone's ability to accomplish their goals.

Chapter 30

Is more than is more than physical damages, financial losses, and criminal sanctions. Using the technologies in contradiction to ethical principles is a techno-ethical risk or ethical risk. There are also speculative risk (if the outcome of ethical actions will bring about gains and unethical actions will yield a loss), dynamic risk (if the chance of occurrence is associated with technological change or change in general including man-made change).

Chapter 6

Degree of probability of a hazard or chance of loss occurrence.

Chapter 15

The possibility of suffering harm or loss; danger.

Chapter 12

An uncertain event or situation that if occurs, may have a positive or negative impact on project´s objectives and/or goals.

Chapter 5

Potential of loss, exposure to danger

Chapter 108

The possibility of any event occurring that may stop businesses or companies from achieving their strategic, financial and operational goals.

Chapter 12

An unsafe situation or condition that a practicing journalist gets involved in due to antecedents or circ*mstances associated with his or her newsgathering job.

Chapter 5

Is the potential exposure to an unexpected event or unintended situation or outcome.

Chapter 615

An individual or organization’s exposure to a chance of loss or damage.

Chapter 8

A probability or threat of hazard, damage, loss, or any negative event that is caused by vulnerabilities.

Chapter 3

The unexpected situations that can cause undesirable or negative consequences.

Chapter 22

Probability of occurrence of a harm, damage and loss.

Chapter 7

Communication: Interaction process, exchange and dissemination of real-time information to the public about threatening health, social or economic situations. The main purpose of the communication is to support the people at risk and to help informed decisions.

Chapter 501

“Risk refers to a possibility of loss, the loss itself, or any characteristic, object, or action that is associated with that possibility” ( Kontio, 2001 ).

Chapter 13

Effect of uncertainty.

Chapter 20

Refers to the potential of losing something of value.

Chapter 6

A combination of the likelihood of occurrence and the consequences of the occurrence.

Chapter 35

The possibility of an event impacting an organization’s objectives. Usually considered to be composed of the probability combined with the severity or impact of loss events. Mathematically, a risk index can be represented as a convolution integral over the event probability distribution of the impact distribution. In practical approaches, events are often categorized according to causes and business areas and risk scores are estimated on several levels of detail.

Chapter 10

Connotes a possible negative impact to something of value. It symbolises the probability of a loss.

Chapter 7

A feeling of dread that one will not be able to control an adverse outcome.

Chapter 7

Degree of probability of a hazard or chance of loss occurrence.

Chapter 11

When the outcome of an event is uncertain, but one is aware of the probabilities of each outcome, the outcome is said to possess risk.

Chapter 3

Probability of harm.

Chapter 20

Perceptions of uncertainty and adverse consequences of engaging in an activity.

Chapter 1

It is a situation that can influence the project goals and outcomes, depending upon the probability of occurrence and impact of loss. This impact cannot be completely eliminated, but if well managed it can be reduced.

Chapter 8

The uncertainty involved in the possibility of an event occurring.

Chapter 29

is the possibility of harm or loss to any software, information, hardware, administrative, physical, communications, or personnel resource.

Chapter 17

Taking a chance at something or a situation viewed as harmful or dangerous

Chapter 2

The probability that an IT failure or abuse will have an undesired, detrimental business impact.

Chapter 12

An activity, connected with uncertainty overcoming in a stark choice situation, where there is a possibility of numerical and qualitative estimation of supposed result achievement probability, failure, and divagations from the purpose.

Chapter 8

The possibility of an adverse situation or event occuring.

Chapter 187

The direct or indirect undesirable consequences of controllable or uncontrollable events which affect an individual, a section of individuals or a society at large.

Chapter 3

A possibility of being infected with a disease.

Chapter 3

Probability of an event happening and its negative results (costs) for the related actors.

Chapter 8

A risk is an activity or event that if it occurs, can cause compromise the success of a project.

Chapter 7

The possibility of unexpected variation in the expected results is called risk.

Chapter 11

Effect of uncertainty on objectives.

Chapter 9

Possibility of loss or injury.

Chapter 3

Is the probability, depending on how high or low a hazard will cause harm. Risk is determined by vulnerable conditions associated with physical surroundings, social setup, environmental factors, or economic factors.

Chapter 3

Exposure to the chance of injury or loss; a hazard or dangerous chance. It refers also to the degree of probability of a loss. The type of loss can be as life, fire, marine disaster, earthquake, etc.

Chapter 15

Risk is a position comprising contact to threat.

Chapter 5

It is the probability that an event will occur and adversely affect the success of the organization in achieving its goals.

Chapter 7

Can be defined as “the diversion of actual result from the expected”.

Chapter 1

Potential danger which is open to the contingency, which means the possibility to be avoided.

Chapter 2

Possibility of a mishap or misfortune, of someone or something suffering harm or damage. Situation in which that possibility can occur.

Chapter 6

The possibility of the loss of the reality principle and the disappearance of the public man.

Chapter 574

Connotes a possible negative impact to something of value. It symbolises the probability of a loss.