ATTACHMENT 9.1.16 Risk Assessment Table.docx

The document is a Risk Assessment Table that provides a matrix for evaluating risk levels based on probability and impact. The table categorizes risk levels from "Very Low" to "Extreme" by calculating the intersection of probability (Almost Certain, Likely, Unlikely, Rare) and severity impact (Negligible, Low, Moderate, High).

The risk assessment methodology allows organizations to systematically assess and prioritize potential risks by mapping their likelihood of occurrence against their potential severity. The matrix uses color-coded or graduated risk levels ranging from Very Low (lowest concern) to Extreme (highest concern), enabling decision-makers to quickly identify and potentially mitigate high-risk scenarios through strategic planning and risk management interventions.