Sentence examples for both likelihood and consequence from inspiring English sources

The "demobilization and clean-up" stage was identified as posing the greatest perceived risk for FG injury, based on both likelihood and consequence.

The analysis identified that people made judgements about both likelihood and consequences.

In this paper, we analyze the US Nuclear Regulatory Commission NRCC)'s regulations regarding to the operation of nuclear power plants utilizing a decision model known as cumulative prospect theory (CPT), which permits risk-averse behavior to be modeled in assessing both likelihoods and consequences of a hazardous event.

Since risk is a product of likelihood and consequence, this implies reduction of the likelihood, the consequence, or both.

Qualitative rating Rates threats for likelihood & consequence as low, medium or high, and portrays threat significance as combination of likelihood and consequence.

Risk can be described as a combination of likelihood and consequence.

Probabilistic techniques were used to assess likelihood and consequence, and hence the risk to aquatic biota from salinity.

In addition to likelihood and consequence reduction, mitigation may seek to achieve risk avoidance or risk transfer, spreading, and sharing.

Ordinal rating related to context Rates threats for likelihood and consequence on ordinal scale, scores threat severity as rated likelihood x rated consequence, relates severity to society's laws and norms.

The recommendations cover a range of issues, among them: the relation between coloring the risk matrix and the definition of risk and major hazard aversion; the qualitative, subjective assessment of likelihood and consequence; the scaling of the discrete likelihood and consequence categories; and the use of corporate risk matrix standards.

A general trend was observed of enhanced explosion likelihood and consequence severity with a decrease in material diameter, as well as enhanced consequence severity with admixture of a flammable gas to the combustion atmosphere.